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Topic: Going back down to 230, then 180, then 150, then 66? - page 2. (Read 4519 times)

full member
Activity: 120
Merit: 100
never sell at a loss when a crash happens you dont sell... you buy, and you buy as much as you can
says someone who obviously loses lots of money all of the time trading.
If you think it will fall further, sell, if you don't then don't.  Each decision is independent of previous ones, easy.
full member
Activity: 219
Merit: 100
impossible, if the price break $100, bitcoin is over.
so the big whales would save price before it dead
full member
Activity: 154
Merit: 100
One of the important things is - are there going to be new people like me that would like to own some newly mined btc, because if not then downtrend is inevitable since I think current owners can't or don't want to absorb all new coins and that is why the price is dropping.
sr. member
Activity: 414
Merit: 250
Heh, today's cheap coin can be tomorrow's expensive coin Tongue
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
realistically speaking, you are trolling or just try to spread fud. especially when you state that bitcoin will go down to $66
any serious bitcoiner know that below $100 is not.going to happen.

Even though bitcoin price is low and xiao is a troll, there is technically nothing stopping bitcoin price from being dumped down to the $66 level. Especially if a larger holder like Draper were to dump (very unlikely, but still possible).

The real question is what do you think of the fundamentals and where do you see the future supply/demand balance being.
legendary
Activity: 3248
Merit: 1072
Bitcoin will have another bubble, the only question is what has to happen first. Clearly we are not close to a bubble kicking in and frankly I am starting to doubt the coming halving will be the catalyst most people are considering.

My prediction is that the price MUST drop so low that a shift in ownership can take place. Price needs to drop so low that long time whale holders give up and sell. At this point a whole new population of speculators will swarm in and start the next bubble.

I think the price has to drop below $100 for this to happen and probably a lot lower.


Bitcoin in double digits? I am sure a lot of people will rush in when that happens.

it's the reason why we will never see double digits, it would make a big increase in demand so fast that the price will return at current state

today price is already a physical barrier
sr. member
Activity: 392
Merit: 250
There is no way you can predict prices 100% all the time. This isn’t news it almost reads as a script to get people to panic sell.
hero member
Activity: 722
Merit: 500
never sell at a loss when a crash happens you dont sell... you buy, and you buy as much as you can


yeah right,If everyone did that the supply would would be gone in puff of smoke and the price would hit the moon

plenty of opportunity to top up this last year or so  Grin
hero member
Activity: 994
Merit: 500
never sell at a loss when a crash happens you dont sell... you buy, and you buy as much as you can
full member
Activity: 150
Merit: 100
The non-trolls, intelligent and experienced traders that understand markets, all see bitcoin still in a major bear market.  After all, fundamentally speaking, bitcoin is used mainly for speculative purposes and a few other less desirable things.

Also a question for technical traders, are we on the brink of another downward spiral? when the ema's cross for 1 day candle charts?



Some alt with more healthy supply is maybe a better idea.

Costs of transactions are high.
https://blockchain.info/en/charts/cost-per-transaction

Network effect is not as powerful as economic aspects of efficiency in the long run.
hero member
Activity: 924
Merit: 1000
Bitcoin will have another bubble, the only question is what has to happen first. Clearly we are not close to a bubble kicking in and frankly I am starting to doubt the coming halving will be the catalyst most people are considering.

My prediction is that the price MUST drop so low that a shift in ownership can take place. Price needs to drop so low that long time whale holders give up and sell. At this point a whole new population of speculators will swarm in and start the next bubble.

I think the price has to drop below $100 for this to happen and probably a lot lower.


Bitcoin in double digits? I am sure a lot of people will rush in when that happens.

Rush is a understatement it will be a buying frenzy and would last seconds i for one have some fiat stacked by in buy orders for that very scenario, we are not going to $66 where did you get this number op? We may flash down to 180 but i doubt this even, for what reason do you think this is going to happen there is no news which would make that happen we had some bad news recently and had a little dip nothing major onwards and upwards..
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

Bitcoin in double digits? I am sure a lot of people will rush in when that happens.


That's what everyone thinks until it really happens. Only those with balls of steel or no emotion would take the plunge. The rest will follow their natural instincts and sit in their chair and squeal. Even the faithful would be second guessing themselves and that's totally understandable.
legendary
Activity: 1582
Merit: 1064
Bitcoin will have another bubble, the only question is what has to happen first. Clearly we are not close to a bubble kicking in and frankly I am starting to doubt the coming halving will be the catalyst most people are considering.

My prediction is that the price MUST drop so low that a shift in ownership can take place. Price needs to drop so low that long time whale holders give up and sell. At this point a whole new population of speculators will swarm in and start the next bubble.

I think the price has to drop below $100 for this to happen and probably a lot lower.


Bitcoin in double digits? I am sure a lot of people will rush in when that happens.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
I don't think we will even see 230 but that's just me.

We did see 230's for a second last night.  I'm sure it was just to test the waters, but i'm more worried if it breaks into the 220's.

Bears are pretty close to kicking in the stop losses
legendary
Activity: 1639
Merit: 1006
Bitcoin will have another bubble, the only question is what has to happen first. Clearly we are not close to a bubble kicking in and frankly I am starting to doubt the coming halving will be the catalyst most people are considering.

My prediction is that the price MUST drop so low that a shift in ownership can take place. Price needs to drop so low that long time whale holders give up and sell. At this point a whole new population of speculators will swarm in and start the next bubble.

I think the price has to drop below $100 for this to happen and probably a lot lower.
newbie
Activity: 28
Merit: 0
... It's just a matter of *when* the downtrend really dies off. ...

Probably won't go much below $0, but Bitcoin is full of surprises Smiley

i promise you alot of people will go all in if its under 0  Cool

Well, most of the exchanges might do a runner before that, or BTC might get outlawed like in Ukraine.  Might not be as obvious as it seems Undecided
jr. member
Activity: 61
Merit: 1
Some speculation of the price going down isn't entirely untrue at this point, since Bitcoin does appear to be falling a bit. Of course, as mentioned by other users, with a currency as volatile as Bitcoin it is really hard to speculate as to what the actual price may be in the long run. My guess is that the price may go down below $200 but won't fall below $100. I am hoping for a rebound in the price sometime soon. Based on what I am seeing, it would be a good time to buy sometime this week if this keeps up.
legendary
Activity: 2464
Merit: 1145
... It's just a matter of *when* the downtrend really dies off. ...

Probably won't go much below $0, but Bitcoin is full of surprises Smiley

i promise you alot of people will go all in if its under 0  Cool
legendary
Activity: 3248
Merit: 1072
Resistance is getting bigger with every wave. It's just a matter of *when* the downtrend really dies off. This time we've come really really close - in fact we're still fighting and if the bears get too greedy we might still turn this one around.

people just need to re-gain the trust in bitcoin, the 1200--->current price is really depressing, for everyone especially who lost money on this process

seein gonly whales playing with the market isn't funny at all, they are driving the price down at the end
newbie
Activity: 28
Merit: 0
... It's just a matter of *when* the downtrend really dies off. ...

Probably won't go much below $0, but Bitcoin is full of surprises Smiley
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