It's better to hope BTC crash to $10 and then bounce back to $500 than ...

sublime5447

legendary

Activity: 966

Merit: 1000

Quote from: MrBig on October 25, 2014, 03:59:18 PM

Quote from: BTCfan1 on October 25, 2014, 02:42:16 PM

Quote from: bitnanigans on October 25, 2014, 11:58:43 AM

I doubt the price would drop below $266 to be honest, but we'll see. If it does go below that, I'll be willing to pick up a few extra at that price point.

i thought the most recent low was 250

No it was somewhere around $275.

285 on btc-e.. lowest I have seen.

10 more likely than 1000

MrBig

sr. member

Activity: 369

Merit: 250

Quote from: BTCfan1 on October 25, 2014, 02:42:16 PM

Quote from: bitnanigans on October 25, 2014, 11:58:43 AM

I doubt the price would drop below $266 to be honest, but we'll see. If it does go below that, I'll be willing to pick up a few extra at that price point.

i thought the most recent low was 250

No it was somewhere around $275.

BTCfan1

full member

Activity: 196

Merit: 100

Quote from: bitnanigans on October 25, 2014, 11:58:43 AM

I doubt the price would drop below $266 to be honest, but we'll see. If it does go below that, I'll be willing to pick up a few extra at that price point.

i thought the most recent low was 250

bitnanigans

sr. member

Activity: 266

Merit: 250

I doubt the price would drop below $266 to be honest, but we'll see. If it does go below that, I'll be willing to pick up a few extra at that price point.

faince222

sr. member

Activity: 378

Merit: 250

Quote from: thms on October 24, 2014, 04:36:16 AM

.. than hoping it will get past 10K USD anytime soon.

And I think it's more realistic.

Absolutely no, instead I think that you're a troll to say this, it isn't impossible that price will fall to 10$ and then rising to 500$, so, dream my friend.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: thms on October 24, 2014, 11:22:19 AM

Quote from: fewcoins on October 24, 2014, 10:11:19 AM

Quote from: thms on October 24, 2014, 09:00:46 AM

Quote from: fewcoins on October 24, 2014, 08:22:46 AM

Quote from: LightningBlade on October 24, 2014, 08:01:47 AM

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death Cry

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

You make no sense & have no idea how markets work... Unless you bought all the bitcoins and made your ask price 500 that wouldn't happen!

I think there's a misunderstanding, I'm not saying that if btc crashes to $10 and I buy 1k coins, the price will automatically go up to $500 because of my actions.

I'm just saying that I would buy 1k btc @ $10 and hold, waiting for it to, after a few months, bounce back to $500

You make no sense, if It got anywhere near $10 it would mean bitcoin is dead....... At the current level they're wayyy too many buyers around the 300 level for it to go below that. That's why we can't even stay in the 300 range for more than a day or so, we should have a nice bounce next week! glta!!!

Amph

legendary

Activity: 3248

Merit: 1070

i don't think it's more easy to crash to 10 instead of going to 10k, 10 is too low, maybe around 50-100 would be a better trade off

thms

sr. member

Activity: 427

Merit: 250

Quote from: fewcoins on October 24, 2014, 10:11:19 AM

Quote from: thms on October 24, 2014, 09:00:46 AM

Quote from: fewcoins on October 24, 2014, 08:22:46 AM

Quote from: LightningBlade on October 24, 2014, 08:01:47 AM

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death Cry

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

You make no sense & have no idea how markets work... Unless you bought all the bitcoins and made your ask price 500 that wouldn't happen!

I think there's a misunderstanding, I'm not saying that if btc crashes to $10 and I buy 1k coins, the price will automatically go up to $500 because of my actions.

I'm just saying that I would buy 1k btc @ $10 and hold, waiting for it to, after a few months, bounce back to $500

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

LOL thread.

Sunderland

sr. member

Activity: 1439

Merit: 380

To Be Or Not To Be

you think its easy to rebound from $ 10 to $ 500 ?
I wonder what issue / problem can make bitcoin reach $ 10 .
My personal opinion , if bitcoin reach $ 10 , it will be the end of bitcoin there is now way it can rebound back to $ 500.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: thms on October 24, 2014, 09:00:46 AM

Quote from: fewcoins on October 24, 2014, 08:22:46 AM

Quote from: LightningBlade on October 24, 2014, 08:01:47 AM

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death Cry

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

You make no sense & have no idea how markets work... Unless you bought all the bitcoins and made your ask price 500 that wouldn't happen!

SnokkomBTC

hero member

Activity: 559

Merit: 500

Quote from: thms on October 24, 2014, 09:00:46 AM

Quote from: fewcoins on October 24, 2014, 08:22:46 AM

Quote from: LightningBlade on October 24, 2014, 08:01:47 AM

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death Cry

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

Wishfull thinking, it will never goes to 10 $. 10$ is a marketcap of $ 13.4 million Shocked

thms

sr. member

Activity: 427

Merit: 250

Quote from: fewcoins on October 24, 2014, 08:22:46 AM

Quote from: LightningBlade on October 24, 2014, 08:01:47 AM

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death Cry

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

fewcoins

full member

Activity: 126

Merit: 100

Quote from: LightningBlade on October 24, 2014, 08:01:47 AM

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death Cry

LightningBlade

sr. member

Activity: 259

Merit: 250

If it can crash to $10 then it can crash to 0 and gone..

SnokkomBTC

hero member

Activity: 559

Merit: 500

Quote from: fewcoins on October 24, 2014, 06:56:01 AM

It needs to have strong corrections to have a strong rally upward... The chart can't just go straight up! It is realistic for the price to keep bouncing around in this area for a bit but if we break 350 more people will get worried. So many people are ready and lined up to buy it all the way down so going much lower right now will be hard.

350 $ was broken tonight. I think, if we break the 260 $ we are going very soon to 200 or lower. Just buy and Hodl Cheesy

fewcoins

full member

Activity: 126

Merit: 100

It needs to have strong corrections to have a strong rally upward... The chart can't just go straight up! It is realistic for the price to keep bouncing around in this area for a bit but if we break 350 more people will get worried. So many people are ready and lined up to buy it all the way down so going much lower right now will be hard.

farjia

newbie

Activity: 53

Merit: 0

I doubt it will go that down, Anytime it goes below $200 it will be a good time to buy.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: Q7 on October 24, 2014, 05:23:27 AM

I already have my funds waiting for it to reach 100. The trend seen for the past few days seem to show that it is again moving downwards

alas no money...no balls at this point...I got 52 coin mined from oct 2013 oct jupiter and a NO ROI Titan on order from KNC on the way....I'm in for now as much in as I can stand....

only 'angle' i have is I'm a legal miner (bank issue had to go legal with IRS to fix it took a day but still) is i can get 25% off all my equip

via depreciation. (5 years considered computer equip) ..paid no tax on mined coin last year due to equip likely not pay any taxes this year either ...so maybe having to be legit will take

some of the edge on all this (talk to your CPA etc) who'da thunk it?

anyway officially fence sitting at this point

just again seems to me way too much mining capacity and sell to $$$ ....and imho it is gonna stay this way AT BEST for the next year

anyway gonna ride this all out (esp due to no refund Titan) but me ..right now........tap'd out

Q7

sr. member

Activity: 448

Merit: 250

I already have my funds waiting for it to reach 100. The trend seen for the past few days seem to show that it is again moving downwards

Topic: It's better to hope BTC crash to $10 and then bounce back to $500 than ... (Read 2281 times)