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Topic: FORECAST: BTC will drop from $260+ and hover back around $190-$210 (Read 2975 times)

sr. member
Activity: 532
Merit: 261
­バカ
new user claiming an imminent crash? always wrong
legendary
Activity: 1064
Merit: 1001
sr. member
Activity: 280
Merit: 250
Coolness: ∞
"Usability F+" !?!?

Bitcoin is working at A+++ level as a store of value that is hideable and can't be confiscated (and rises in value...rapidly). There is no asset in the world that can even come close. As a currency it might be F+ but who cares? Gold 2.0 now, Currency 2.0 in a few years.

Until my Grandma can start using and understanding BTC, I grade the usability an F.

You are only thinking about people like yourself and not the masses.

You also take it the wrong way, Bitcoin is still very tiny, and these are the reasons why. I'm sure BTC will hit 100K+ one day.

Just like the majority of the population, your grandma probably doesn't understand ACH transfers, or what happens when she uses her debit card, but that doesn't stop her from using it. People don't need to be able to understand bitcoin. They just need to have an incentive to use it, and be able to use it. It's happening. Be patient.

Exactly.
hero member
Activity: 715
Merit: 500
"Usability F+" !?!?

Bitcoin is working at A+++ level as a store of value that is hideable and can't be confiscated (and rises in value...rapidly). There is no asset in the world that can even come close. As a currency it might be F+ but who cares? Gold 2.0 now, Currency 2.0 in a few years.

Until my Grandma can start using and understanding BTC, I grade the usability an F.

You are only thinking about people like yourself and not the masses.

You also take it the wrong way, Bitcoin is still very tiny, and these are the reasons why. I'm sure BTC will hit 100K+ one day.

Just like the majority of the population, your grandma probably doesn't understand ACH transfers, or what happens when she uses her debit card, but that doesn't stop her from using it. People don't need to be able to understand bitcoin. They just need to have an incentive to use it, and be able to use it. It's happening. Be patient.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
FORECAST: There will be many bears that get their BTC stash cut by 50% or more in the next 3 months.
legendary
Activity: 1036
Merit: 1000
Fair enough, but you should add a "utility" category as well. Right now Bitcoin is only for advanced users (or highly motivated ones...but wealth and security are quite motivating).

And it's not going to fall that far when it corrects. It's vaulting much higher, as expected, and will correct somewhere higher than $200 when it does, probably much higher.
sr. member
Activity: 280
Merit: 250
Coolness: ∞
"Usability F+" !?!?

Bitcoin is working at A+++ level as a store of value that is hideable and can't be confiscated (and rises in value...rapidly). There is no asset in the world that can even come close. As a currency it might be F+ but who cares? Gold 2.0 now, Currency 2.0 in a few years.

Until my Grandma can start using and understanding BTC, I grade the usability an F.

You are only thinking about people like yourself and not the masses.

You also take it the wrong way, Bitcoin is still very tiny, and these are the reasons why. I'm sure BTC will hit 100K+ one day.
legendary
Activity: 1036
Merit: 1000
"Usability F+" !?!?

Bitcoin is working at A+++ level as a store of value that is hideable and can't be confiscated (and rises in value...rapidly). There is no asset in the world that can even come close. As a currency it might be F+ but who cares? Gold 2.0 now, Currency 2.0 in a few years.
sr. member
Activity: 364
Merit: 250
Forecast: local drops and heavy upwinds on a sunny day.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
sr. member
Activity: 516
Merit: 283
It might for a bit... good thing i just bought by pizza for 0.08BTC.

You must be from the Netherlands Grin

Nope, Texas Smiley

Texas will be a leader for BTC in the USA.

Source: Fellow Texan.
sr. member
Activity: 280
Merit: 250
Coolness: ∞
FORECAST 11/05/2013
BTC will drop from $260 USD and hover back around $190-$210 USD.

PUBLIC EVIDENCE
Based on last weeks pattern from 5 high fluctuations.  

Oops.  Only got down to $233.  Going back up now.

Right, it has not reached $190-$210 yet.  Roll Eyes
sr. member
Activity: 308
Merit: 250
It might for a bit... good thing i just bought by pizza for 0.08BTC.

You must be from the Netherlands Grin

Nope, Texas Smiley
hero member
Activity: 841
Merit: 1000
It might for a bit... good thing i just bought by pizza for 0.08BTC.

You must be from the Netherlands Grin
sr. member
Activity: 378
Merit: 255
FORECAST 11/05/2013
BTC will drop from $260 USD and hover back around $190-$210 USD.

PUBLIC EVIDENCE
Based on last weeks pattern from 5 high fluctuations.  

Oops.  Only got down to $233.  Going back up now.
sr. member
Activity: 308
Merit: 250
It might for a bit... good thing i just bought by pizza for 0.08BTC. Hopefully in few years I look back at that in the same manner as the 10,000BTC pissa a few years ago.
hero member
Activity: 518
Merit: 500
I wouldn't mind if it consolidated around $200 for a while.

I'm not saying that's what will happen, just that it wouldn't be the worst thing in the world.
sr. member
Activity: 280
Merit: 250
Coolness: ∞
I like the part where you posted this well after bitstamp dropped down to 228.

I don't use bitstamp and checking it says $145.

Quote
BTC will drop from $260 and hover back around $1190-$1210

FIFY Cheesy

I wish.  Cheesy
full member
Activity: 280
Merit: 102
Quote
BTC will drop from $260 and hover back around $1190-$1210

FIFY Cheesy
sr. member
Activity: 260
Merit: 251
I like the part where you posted this well after bitstamp dropped down to 228.
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