Topic: Price down to 1.25 - How low will it go? - page 2. (Read 9843 times)
I have lost a good deal of my net worth these past few weeks due to these market movements. Deeply concerned - will USD continue to drop? I am sad to say USD represents a large minority of my portfolio.
The US cent is now down to under 3200 satoshis, and I think it might go under 3000 this week. A big question, when will we see tripple digits for the first time?
Reliable sources estimate anything between 1 to 8 months.
The US cent is now down to under 3200 satoshis, and I think it might go under 3000 this week. A big question, when will we see tripple digits for the first time?
They are talking more and more about getting rid of the US penny because a cent is nothing now.
We are talking more and more about shifting to using pennies and micro pennies.
What does this tell you?
The US cent is now down to under 3200 satoshis, and I think it might go under 3000 this week. A big question, when will we see tripple digits for the first time?
Price has dropped down to 3.09, it has gone down fast the past day! Anybody want to guess at a bottom before the price comes back up?
A discussion over on the Wall Observer BTC/USD thread is when to start to discuss BTC/USD prices in terms of mBTC.
So a similar question here is when to switch to using USD / µBTC.
hero member
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It's all fun and games until somebody loses an eye
Price has dropped down to 3.09, it has gone down fast the past day! Anybody want to guess at a bottom before the price comes back up?
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
It is crashing 
We are almost at 5, and as a large holder of USD this troubles me.
We are almost at 5, and as a large holder of USD this troubles me.And now we are down to 4.6, this drop is still going. Anybody want to guess where we will hit a bottom? I think it would be reasonable to get down to 3 or even 2 before the market stabilizes again. Anybody think we are going below 1 before the end of the year?
I know exactly one person who believes in the accelerated crash and breach of 1 this year, and it is not even me. To add some credibility, he is the one who introduced bitcoin to me in 2010.
My take on the matter is that dollar reaches an interim bottom of 0.5 next april but I cannot make myself to believe in large action this year. Something between 3 and 2 would be a safe bet.
We still have over two months left in 2013. If the price starts dropping parabolically, it could over-correct and shoot below 1 very quickly. I do not think the rate will stay below 1, I suspect we will see the next leveling off somewhere between 3 and 5.
It is crashing We are almost at 5, and as a large holder of USD this troubles me.
We are almost at 5, and as a large holder of USD this troubles me.And now we are down to 4.6, this drop is still going. Anybody want to guess where we will hit a bottom? I think it would be reasonable to get down to 3 or even 2 before the market stabilizes again. Anybody think we are going below 1 before the end of the year?
I know exactly one person who believes in the accelerated crash and breach of 1 this year, and it is not even me. To add some credibility, he is the one who introduced bitcoin to me in 2010.
My take on the matter is that dollar reaches an interim bottom of 0.5 next april but I cannot make myself to believe in large action this year. Something between 3 and 2 would be a safe bet.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
It is crashing We are almost at 5, and as a large holder of USD this troubles me.
We are almost at 5, and as a large holder of USD this troubles me.And now we are down to 4.6, this drop is still going. Anybody want to guess where we will hit a bottom? I think it would be reasonable to get down to 3 or even 2 before the market stabilizes again. Anybody think we are going below 1 before the end of the year?
[Note to Moderators:] Despite this message being deleted (I am not sure why?) I am reposting it. Please read the thread carefully before deleting this post. I do not feel that this tread is any worse than the many other threads analyzing the price in this subforum.
I don't understand what are you guys trying to say, other alt coin?
We are quoting the price of 1 USD (or anything else) in milliBitcoins (mBTC = BTC0.001). For this change of viewpoint, we are able to turn everything upside down, and that is fun.
I don't understand what are you guys trying to say, other alt coin?
Now the price has continued sinking down to 4.25, it does not show any signs of slowing down.
Units???We are quoting the price of 1 USD (or anything else) in milliBitcoins (mBTC = BTC0.001). For this change of viewpoint, we are able to turn everything upside down, and that is fun.
I don't understand what are you guys trying to say, other alt coin?
I guess you could call USD an alt coin, but I don't think it even deserves that level of respect.
LMAO! Yes, even the likes of ADT, BUK or TIX, say, have more real value than Plunder Woman's greenbacks.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
I don't understand what are you guys trying to say, other alt coin?
I guess you could call USD an alt coin, but I don't think it even deserves that level of respect.
I don't understand what are you guys trying to say, other alt coin?
Maybe you missed the third line in the OP.
I don't understand what are you guys trying to say, other alt coin?
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Looks like the price is stabilizing at about 8.1 or so. I predict this is like a repeat of last summer, we will have generally stable price for a while, perhaps with a gentle rise and fall, and in a few months the price will start moving down again.
Hey, that looks like it worked out pretty much as I predicted
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Depends on where you look. MtGox went down to 5.1 but Bitstamp is still up over 5.8. But either way, the price is definitely going down. We may have a new low soon; if you look at something like a weekly average for the price, we are already down below what it was back in April (the low of about 3.8 was touched only briefly before the price jumped back to 20 on the way to settling at about 7 for the past couple months).
It doesn't help the exchange rate that the printers just got the green light to flood the market for the next four months without any limit. The American representatives just gave a blank check to the banksters, that move will come back to bite them and the people they represent, and the price dropping is just one of the many effects we will see. Now would be a good time to sell if you are holding any significant quantities.
It doesn't help the exchange rate that the printers just got the green light to flood the market for the next four months without any limit. The American representatives just gave a blank check to the banksters, that move will come back to bite them and the people they represent, and the price dropping is just one of the many effects we will see. Now would be a good time to sell if you are holding any significant quantities.
what did you just smoke?
Read OP. Don't miss the fine print, please.i tought about that, but calculated 0.005 and so dropped the idea. so its m* ... lol
what did you just smoke?
Read OP. Don't miss the fine print, please.
what did you just smoke?
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