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Topic: is Bitcoin going to crash to as low as 200 usd? (Read 5104 times)

hero member
Activity: 518
Merit: 500
Trust me!
I admit to having created this account to voice a dissenting opinion. I've been on the forum since 2012, am not a noob. Due to being disillusioned with btc, I am now warning noobs to stay away from btc, the siren call. It will ruin your life, just like it did to countless others here.

If you've been here since 2012 and you haven't made a lot of money and you're not holding a lot of bitcoins, you're doing something wrong.

Even if you sold a lot of $10 coins when the price hit $100, you should still have hundreds or thousands left to hold.

Or are you one of those bears who thought that bitcoins were overpriced in the $5-$10 range, expected them to go back down under a dollar and never bought while they were cheap?

Perhaps if you spent less time worrying about the "countless others" who supposedly "ruined their lives" and more time getting your own affairs in order then maybe you could have joined the countless others who made a lot of money with Bitcoin since 2012. 

I guess it isn't as hard as you may think, it just takes a few bad trades, a wrong investment, or just losing all your coins on Gox - I really don't think that there are only a few people who experienced such a story. In that case it may be the best for your mental health to keep telling yourself that BTC is going to fail...
legendary
Activity: 4186
Merit: 4855
You're never too old to think young.
I admit to having created this account to voice a dissenting opinion. I've been on the forum since 2012, am not a noob. Due to being disillusioned with btc, I am now warning noobs to stay away from btc, the siren call. It will ruin your life, just like it did to countless others here.

If you've been here since 2012 and you haven't made a lot of money and you're not holding a lot of bitcoins, you're doing something wrong.

Even if you sold a lot of $10 coins when the price hit $100, you should still have hundreds or thousands left to hold.

Or are you one of those bears who thought that bitcoins were overpriced in the $5-$10 range, expected them to go back down under a dollar and never bought while they were cheap?

Perhaps if you spent less time worrying about the "countless others" who supposedly "ruined their lives" and more time getting your own affairs in order then maybe you could have joined the countless others who made a lot of money with Bitcoin since 2012. 
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
ya sure i did to buy everytime when i think it the right time. because im pretty optimist bitcoin will rise at least to 350-400 USD in a couple months. so why not to buy it now in 200++ usd.

Because it could go down 50%, or even more, first. And if you waited for that to happen, you could make even more - if it actually happens! There's no guarantee at all that Bitcoin will perform in a certain way. If you are really sure that Bitcoin will go to $350-$400 in a couple of months, and won't go down below current prices, why don't you do margin trading? Because it is very dangerous!
Always keep in mind that things may turn out for the worse!
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?





It is going up up up from here.  Buy now.
yes i think bitcoin will get raise again , at least for 350 USD im sure . so this is the right time to buy a lot of bitcoin. am i right?

Yes.  This is a very good time to go all in.
full member
Activity: 210
Merit: 100
i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?





It is going up up up from here.  Buy now.
yes i think bitcoin will get raise again , at least for 350 USD im sure . so this is the right time to buy a lot of bitcoin. am i right?

at this point it is always the right time to buy if you plan to hold your coins for a long time. just make sure you don't wait too long as it will rise as we come closer to the block halving.

ya sure i did to buy everytime when i think it the right time. because im pretty optimist bitcoin will rise at least to 350-400 USD in a couple months. so why not to buy it now in 200++ usd.
legendary
Activity: 896
Merit: 1000
i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?





It is going up up up from here.  Buy now.
yes i think bitcoin will get raise again , at least for 350 USD im sure . so this is the right time to buy a lot of bitcoin. am i right?

at this point it is always the right time to buy if you plan to hold your coins for a long time. just make sure you don't wait too long as it will rise as we come closer to the block halving.
full member
Activity: 210
Merit: 100
i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?





It is going up up up from here.  Buy now.
yes i think bitcoin will get raise again , at least for 350 USD im sure . so this is the right time to buy a lot of bitcoin. am i right?
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?





It is going up up up from here.  Buy now.
hero member
Activity: 518
Merit: 500
Trust me!
I admit to having created this account to voice a dissenting opinion. I've been on the forum since 2012, am not a noob. Due to being disillusioned with btc, I am now warning noobs to stay away from btc, the siren call. It will ruin your life, just like it did to countless others here.

if you bought at the peak it's not bitcoin fault, bitcoin is an asset, it's normal to have all sort of manipulation, up&down ecc....


I guess he's mainly talking about the psychological factors involved with investing in speculative assets and losing money by doing so. But you're right, it's not Bitcoin's fault at all. You could argue that it was Mt. Gox's fault for creating an inflated price (if they really did that with 'Willy') but that's about it...
legendary
Activity: 3248
Merit: 1070
I admit to having created this account to voice a dissenting opinion. I've been on the forum since 2012, am not a noob. Due to being disillusioned with btc, I am now warning noobs to stay away from btc, the siren call. It will ruin your life, just like it did to countless others here.

if you bought at the peak it's not bitcoin fault, bitcoin is an asset, it's normal to have all sort of manipulation, up&down ecc....
sr. member
Activity: 406
Merit: 250
AltoCenter.com
I don't think it will fluctuate that much as of yet and the market price will hold steady now. I don't see any reason to crash that below or rise that high. I am currently holding up.
legendary
Activity: 1120
Merit: 1000
If it crash below $200, it will die. No profit for mining at that point and with the halving so close = death.

some big miners will die, but not btc itself. It would survive one way or another.

Of course what would happen in the meantime until the stabilization won't be good
legendary
Activity: 1568
Merit: 1001
Some people just don't know when they're adding nothing of value to a thread besides sharting on and on. I'm sure scientists will be interested in taking a peak inside someone's brain to see what went so wrong.
full member
Activity: 318
Merit: 100
I admit to having created this account to voice a dissenting opinion. I've been on the forum since 2012, am not a noob. Due to being disillusioned with btc, I am now warning noobs to stay away from btc, the siren call. It will ruin your life, just like it did to countless others here.
hero member
Activity: 602
Merit: 500
it is not going to, its been  already crashing for a long time!

It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC.

USD in the long run provides more security and interest % as well.
True, it has been a worse investment for the past 7 years but no more.


Bitcoin currently is a great long-term investment, people only get affected by short-term downtrend and therefore think it's a horrible invesment.

Browse through the entire forum and you'll see very little fiat fans. Most people here believe in Bitcoin which will pay off big time eventually.

just ignore the troll, 3 newbies posting about crash.. seems pretty legit.
full member
Activity: 318
Merit: 100
In the short term, bitcoin loses value.
In the medium term, bitcoin loses value.
In the long term, bitcoin loses value.

You are all losers.
legendary
Activity: 2170
Merit: 1427
it is not going to, its been  already crashing for a long time!

It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC.

USD in the long run provides more security and interest % as well.
True, it has been a worse investment for the past 7 years but no more.


Bitcoin currently is a great long-term investment, people only get affected by short-term downtrend and therefore think it's a horrible invesment.

Browse through the entire forum and you'll see very little fiat fans. Most people here believe in Bitcoin which will pay off big time eventually.
sr. member
Activity: 1877
Merit: 389
it is not going to, its been  already crashing for a long time!

It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC.

USD in the long run provides more security and interest % as well.
True, it has been a worse investment for the past 7 years but no more.
legendary
Activity: 2674
Merit: 2965
Terminated.
The trend has been very clear: slow downward march to zero.
This is incorrect. If you look at the 3m chart you would see quite the instability but not a final downward trend.
I'll assume you're another account made for spreading FUD among the people.

then it has already been killed, because it crashed below 200 about a month ago, was around 152(the lowest)


But that was a dump pike, not a trend...
I guess lessons in economics are needed. We've had this in the past and there is nothing to fear.
Remember when this happened: http://www.coindesk.com/price-bitcoin-drops-400-btc-e-flash-crash/
there was so much panic back then.
full member
Activity: 280
Merit: 100
it is not going to, its been  already crashing for a long time!
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