Not when mining is barely make up the electricity
It seems the daily 3600 coins mined are not a big deal, but 10 days will be 36000 coins, and 100 days will be 360K coins, it will affect market slowly but surely. When they are extremely profitable, most of them will be dumped right away, but now when they can even be underwater, these coins will be hoarded, thus dramatically reduce the daily coin supply on market
And the difficulty is on the rise, means the infrastructure investment has not stopped
Topic: panic kicking in, sub 200 by friday - page 3. (Read 4005 times)
Sub 200$ by friday is possible. But I'd say sub 230$:) sub 200$? well, in april, yes, but till friday... That would be painful for bulls:)
Why isn't the price crashing even further? There's still a nice fat bid-wall that can be sold into right now. If the whaleclub is so sure about this, why not sell now for an even bigger profit?
Continue to bait
Bears are out of ammo at this point. We should see another major drop over the next hour or two, yeah. If nothing has happened by then, I wouldn't be surprised to be back at $553 tonight.
It's not a typo, it's delusion for sure!
Lol no, just no. Stop.
You won't be laughing for long.
Lol no, just no. Stop.
You heard it here first.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
another missed 'prediction' from you?There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
I think it is better to focus on the longer term perspective, rather than scream every second day sub $200.
You may accidentally nail it after hundreds of times, but that is not the point.
I love panic! Can't wait for it to happen. I have useless fiat waiting to buy Bitcoin with at any time 
Only I don't think we will see sub $200 this year anymore. Support at that level is just too strong.
Only I don't think we will see sub $200 this year anymore. Support at that level is just too strong.
Panic at this low level is good. We need double digits or even single digits for a new bullrun back to 500$ or so before we can finally put it to rest. It's not entirely dead yet. Show must go on ...
Run along now, playtime is over.
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Panic at this low level is good. We need double digits or even single digits for a new bullrun back to 500$ or so before we can finally put it to rest. It's not entirely dead yet. Show must go on ...
I wouldn't give too much credibility to someone just because they have a lot of posts. It's not a good metric as I see it. Once they've passed a dozen or so posts they'd get called out by the community if they were spreading FUD (either optimistic or pessimistic).
I know naming numbers is a fate worse than death here, but I'll do it anyway. It looks to me (from charts only) that the current baseline would add about $70ish dollars per coin over the next year, ignoring all the spikes in both directions that will occur in the meantime, which could be significantly above or below that depending on the time frame of the person trying to make a point. That may not be exciting compared to the Meth rush we're used to, but it's a darn sight better than negative interest in the banks.
Does anyone remember Richard Branson saying with his UK fund that just putting your money in FTSE and doing nothing, out performed more than 90% of fund managers?
I know naming numbers is a fate worse than death here, but I'll do it anyway. It looks to me (from charts only) that the current baseline would add about $70ish dollars per coin over the next year, ignoring all the spikes in both directions that will occur in the meantime, which could be significantly above or below that depending on the time frame of the person trying to make a point. That may not be exciting compared to the Meth rush we're used to, but it's a darn sight better than negative interest in the banks.
Does anyone remember Richard Branson saying with his UK fund that just putting your money in FTSE and doing nothing, out performed more than 90% of fund managers?
If there are reasons for this speculations I guess the only news I heard that might be affecting it that way is the Bitcoin Foundation's mismanagement of their funds. But why would that affect the price and cause a panic? I don't know.
Exactly. What can possible be the cause of this price drop to go as low as sub-$200? I really don't think it has something to do with the drama that's happening within the Foundation. Well as I view it, most of the users here doesn't even care about what's happening in the Foundation; they are more focused on what's really happening in the bitcoin ecosystem, sans the foundation.
You heard it here first.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
May get back in at 150.
That seems pretty reasonable buy point, cause its like a reset back in 2013.
And getting the chance of now real events to happen, if they do. Hopefully during that time, something great happens within this year. A lot of things can happen 5-6 months time. Cant predict the future, but the price you pay is preparing for it like it may reach $300ish?
we hear the same panic for about half a year, i don't matter. it was inroduced not for making a profit.
You heard it here first.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
I am torn in between: whether to believe in you (because you've stayed longer than me in this forum and in the bitcoin economy as well) or to resist the uneasiness I'm feeling every time a Hero Member or a Legendary member of this forum posts something like this. It's not that I don't trust my decisions, it's just that it keeps me thinking whether this guys are just spreading FUD or really voicing out what's really happening far beyond our sights. Well maybe I'll just believe in my own judgments rather than anyone else's. After all, you couldn't trust anybody in the internet.
You heard it here first.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
May get back in at 150.
Prices are stable in my view.
Its back where it was before the whole mt.gox manipulation where other exchanges priced it, before the $1,000 hype. You gotta factor in the rich people who hold bitcoin, they wouldnt let drop for no reason.
If they really wanted to, they can buy in the losses to retain that price value making it feel more secure to recover all those orders.
Its back where it was before the whole mt.gox manipulation where other exchanges priced it, before the $1,000 hype. You gotta factor in the rich people who hold bitcoin, they wouldnt let drop for no reason.
If they really wanted to, they can buy in the losses to retain that price value making it feel more secure to recover all those orders.
Honest question (I'm thinking a lot about this lately): Do you guys think that the outpour of negative and bearish posts here (and other places) really causes the price to go even lower, resulting in cheaper coins for those people?
I think it would have very little effect, and even if it did then more likely the opposite of what you're querying. Crowd herding doesn't fulfill the requirements of Crowd Intelligence, since in this instance the same information is available to all, and people are comparing notes. If it were a blind poll of a diverse group of peoples skills/lack of, with requisite variety, then perhaps you could aggregate the results and find some meaning, but not like this. It takes most people to be wrong for a few to be very successful.
Well I think it could actually be possible to cause panic or a feeling of uneasiness in people. I, myself, feel pretty uneasy when I read about long-term members raising scepticism. I haven't acted on this in ages, but I think it is possible to cause a panic. I remain sceptical about the practical usefulness of this, though.
You will sure also notice that ignore button under his name then
Yeah, but there's a difference between continuing to spread FUD and voicing honest concerns and reasonable doubts about the Bitcoin ecosystem/technology in general.
Some people are even paid for doing this
The current owner of of the kwukduck account is believed to be someone other than the person who created it.
There are a few very consistent doom mongers who've been around since time immemorial. I would not want to be living inside their skulls these days.
If there are reasons for this speculations I guess the only news I heard that might be affecting it that way is the Bitcoin Foundation's mismanagement of their funds. But why would that affect the price and cause a panic? I don't know.
You heard it here first.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
There is some serious panic going on in relevant channels.
You want to get out at this point, maybe get back in slightly under 200 for a small bounce.
I always hear it from newbies but very rare i hear it from someone who has been around for as long as you, mind telling us what this serious panic is over and which relevant channels?
I won't be getting out at this point what is the point if you have invested what you can afford to lose, i go even further why get out if you have already wrote the money/coin off?
Thanks for the advice and i will come back here to congratulate you Friday if by some crazy miracle you are right, (which you won't be)
The current owner of of the kwukduck account is believed to be someone other than the person who created it.
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