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Topic: how low will we go before we hit bottom? - page 2. (Read 2091 times)

legendary
Activity: 1726
Merit: 1018
Too many people are well aware that it will be back over a hundred again, just a matter of time.  Those people won't be able to sit and watch it drop too low without jumping in to buy.  I doubt it will even see the 50's.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
I FINK IT WILL GET TO 1 CENT PER BTC COS DEN I CAN HAZ ALL TEH BTCS

-Jaroslaw

plus all teh ones  Cheesy  Wink
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
PSAR shows bottom forming now, at least on hourly scale at CampBX

edit:  plus an RSI double-bottom

edited edit:  RSI triple-bottom if you want to go back a couple days on hourly.

btw i have NO idea what I'm talking about.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
how low will we get?

it's anyone's guess bro.  expect the worst.
sr. member
Activity: 714
Merit: 250
I FINK IT WILL GET TO 1 CENT PER BTC COS DEN I CAN HAZ ALL TEH BTCS

-Jaroslaw
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
10-20$ this time

why not $5 dude?  you can haz moar bitcoinz
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Currently there are still too many people are in profitable territory, they might entered before $20,when they get scared, they will sell, since anyway they still make some money, but after another several months of consolidation, these kind of people will become less, the rest are all long term holders

Another aspect is that ASIC devices' profitability must drop to electricity breakeven point, so that the invest money can only flow into exchange, currently the mass amount of investment money are going into ASIC pre-orders
member
Activity: 84
Merit: 10
supernode
10-20$ this time
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
seems to be support around $75
legendary
Activity: 2212
Merit: 1008
how low will we get?
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