It's better to hope BTC crash to $10 and then bounce back to $500 than ... - page 2.

Unbelive

full member

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

It's better to hope BTC crash to $10 and then bounce back to $500 than ...
.. than hoping it will get past 10K USD anytime soon.

And I think it's more realistic.

I think is more chances to get up to $10.000, then fall to $10. simply since Bitcoin is in uptrend. But each level, up or down will achieve just fro short time and then fall/raise back.

to get to $10 one big holder should suddenly start selling without advanced announcement. But doubt that wil happen since they are to smart and know without announcement market will reply bad.

Searing

copper member

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Clueless!

well it is obvious...that more volume to sell coin (mining farms china knc etc) to usd then there is to buy coin in usd....plus the coming on board
(good thing) of merchants also xfer directly to usd

the only good thing imho on all this is the amount of coin still being held......holding is what is keeping the price where it is at imho (like I know squat)

however

we could very well be looking at a very very long term plan on holding bitcoin at this rate and the market will determine the price for bitcoins
main use/focus/whatever....moving money about ..esp in the 3rd world

the trouble with all this if my strung together bunch of suppositions are correct

btc works just as well for the above (at this level of useage) to go down to 100 usd or below price

it will work fine at 100 usd just as well at 350 usd.......

so if btc makes it we are looking for some long long term holding action...prob 5-8 years to get back to 1200 usd range

perhaps bitcon has to fade from sight and get really really boring first...before the price goes back to ATH

but again i know zip...just saying what has me scratching my head

thms

sr. member

Activity: 427

Merit: 250

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

And I think it's more realistic.

Topic: It's better to hope BTC crash to $10 and then bounce back to $500 than ... - page 2. (Read 2281 times)