What do you really think the bottom of bitcoin price after MTGOX is down?

Wilhelm

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Quote from: boumalo on February 22, 2014, 05:22:10 AM

Quote from: jasonjm on February 21, 2014, 11:37:04 AM

bitcoin will be on a slow bleed down until some really big fundamental shift happens

such as

a big country bailing in all bank deposits

or

amazon.com accepting bitcoin

something along those lines. Right now its a non stop stream of bad news.

i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news.

This big positive news for Bitcoin could happen sooner than expected
The dollar will plunge within 2years, Big western Banks will fail within 3years, corruption is high, taxes are increasing; it will seem extremely sweet to have a few bitcoins when the shi.t hit the fan

I'm pro bitcoin but if the dollar plunges in 2 years and banks fail in 3 years then it will be the end of America and not the beginning of bitcoin.
Bitcoin cannot build the infrastructure that fiat has in that short of a period and have everyone adopt it. We need years of investing in infrastructure before that can happen.

Look at technology like electric cars and mobile phones ... it took years before every city had cell towers and it will take some years before you can refuel your electric car everywhere....

boumalo

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Quote from: jasonjm on February 21, 2014, 11:37:04 AM

bitcoin will be on a slow bleed down until some really big fundamental shift happens

such as

a big country bailing in all bank deposits

or

amazon.com accepting bitcoin

something along those lines. Right now its a non stop stream of bad news.

i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news.

This big positive news for Bitcoin could happen sooner than expected
The dollar will plunge within 2years, Big western Banks will fail within 3years, corruption is high, taxes are increasing; it will seem extremely sweet to have a few bitcoins when the shi.t hit the fan

igorr

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Merit: 250

Sory, but The game is over, forever Wink

Mythul

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I'm guessing somewhere around $450, but not for very long.

Lauda

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Terminated.

Quote from: silverston on February 21, 2014, 12:19:59 PM

Quote from: Lauda on February 21, 2014, 11:01:20 AM

Stop spreading FUD. You're just mad because you've joined too late.

I think he lost a lot Grin

Exactly. He is probably just mad.

silverston

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SAPG Pre-Sale Live on Uniswap!

Quote from: Lauda on February 21, 2014, 11:01:20 AM

Stop spreading FUD. You're just mad because you've joined too late.

I think he lost a lot Grin

Lauda

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Activity: 2674

Merit: 3000

Terminated.

Quote from: jasonjm on February 21, 2014, 11:37:04 AM

bitcoin will be on a slow bleed down until some really big fundamental shift happens

such as

a big country bailing in all bank deposits

or

amazon.com accepting bitcoin

something along those lines. Right now its a non stop stream of bad news.

i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news.

The current price is good too.

jasonjm

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Activity: 1288

Merit: 524

Buzz App - Spin wheel, farm rewards

bitcoin will be on a slow bleed down until some really big fundamental shift happens

such as

a big country bailing in all bank deposits

or

amazon.com accepting bitcoin

something along those lines. Right now its a non stop stream of bad news.

i dont care what price it goes down to, whether its 400 or 30. Will not buy until there is that game changing piece of news.

Solarstorm75

member

Activity: 70

Merit: 10

There is only 1 counter strategy against the dumping bot on Gox:

Simply replace all your bids to $1. Let's see, if the bot will sell the coins for that price.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: igorr on February 21, 2014, 10:58:07 AM

LOL, Bitcoin has not any investitor, the same as litecoin, and price go to 30 usd max, Game iz over.
producers of mining hardware no longer to invest in Bitcoin, because mining has become impossible for all,
mining factor is 0.08 usd per Gh at 24h, and for 7 days go below 5 cents per Gh at 24h !

Stop spreading FUD. You're just mad because you've joined too late.

igorr

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Activity: 406

Merit: 250

Quote from: Bagatell on February 21, 2014, 06:53:30 AM

https://www.tradingview.com/v/3qJCpvjH/

LOL, Bitcoin has not any investitor, the same as litecoin, and price go to 30 usd max, Game iz over.
producers of mining hardware no longer to invest in Bitcoin, because mining has become impossible for all,
mining factor is 0.08 usd per Gh at 24h, and for 7 days go below 5 cents per Gh at 24h !

Bagatell

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Activity: 722

Merit: 500

https://www.tradingview.com/v/3qJCpvjH/

igorr

sr. member

Activity: 406

Merit: 250

10-20 usd

Jeezy911

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Activity: 294

Merit: 250

250-300

Bobsurplus

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Making money since I was in the womb! @emc2whale

Quote from: wayneyoyo on February 20, 2014, 08:13:59 PM

$500 would be a good number to stay on .

Wont happen.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

My money is on $500 (on stamp).

Before we can head on up we're going to need to double-bottom somewhere, and then re-test the double-bottom with a slightly higher bottom. This could take days, weeks, months, maybe even a year or two. Thats the way these things work around here.

wayneyoyo

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Activity: 606

Merit: 500

$500 would be a good number to stay on .

kireinaha

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Quote from: BittBurger on February 20, 2014, 05:12:41 PM

Quote from: traderCJ on February 20, 2014, 05:06:34 PM

Quote from: jeffg on February 20, 2014, 04:49:49 PM

There are two possible scenarios:

1. MtGox survives and allows btc withdrawals: people will arbitrage their mtgox coins on other exchanges and the prices will aligne somewhere in the middle between all exchages: something like 300-400$

2. MtGox files bakrupcy: people will lose trust in bitcoin and will sell: price will drop something around 400$ (hard to say)

This is precisely how I see it.

This is utter bullshit. Grow up (in your Bitcoin knowledge). Bitcoin is not a stock. It is a platform. And while you and all your buddies are sweating all day hunched over your computers to try and make $15 on the highs and lows, the rest of us are investing in whats actually being created, and not stressing over some bad news. Bad news is irrelevant. Speculation has a negative connotation. Call it what it really is: Confidence in the technology. Your confidence is in your charts that you used for Google stock. This is why your'e all freaking out and terrified right now, while the rest of us are relaxed. Fortunately as *ADOPTION* increases, and the volatility decrease as a result, you all wont have enough highs and dips to warrant sticking around, and you'll go back to your eTrade screens.

-B-

Dude, I think you need to take a break from bitcoin for awhile, maybe find a new hobby like sailing or fishing, chill out a little. I've been frequenting the forum for almost a year off and on and you seem to be getting really worked up over this bear market recently. I don't get all this misdirected angst toward the "weak hands", we're in a period of price discovery, this is absolutely normal for an emerging market, and if you have faith, it means a good buying opportunity for you. So don't sweat it so much.

romerun

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Bitcoin is new, makes sense to hodl.

350 before new rally

raid_n

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Activity: 269

Merit: 250

Quote from: jasonjm on February 20, 2014, 05:41:15 PM

before china went crazy it was around $100

now that china is banned, why wouldn't it go back to $100?

as of yet there is no china replacement.

It won't go back to 100 because that is what you and an estimated million others are hoping for (excluding gox for the moment Wink

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Topic: What do you really think the bottom of bitcoin price after MTGOX is down? (Read 4904 times)