what will be botton of btc ? | Bitcointalksearch.org

Appleanimal

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it is still changing every day

Quote from: HarmonLi on January 24, 2015, 07:32:44 PM

Well, of course we could very well go below $200 again, but just imagine it: It is definitely a possibility that might never ever see a $1xx Bitcoin again! Even $250 could be broken never to be seen again! Exciting times lie ahead, people!

if you look at the chart it is going down from december 2013, i don´t believe bicoin any more

Amph

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who was thinking sub 100, was a troll of course, the lower it get the stronger the support, it can go to double digit so easy

rosh

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Quote from: HarmonLi on January 24, 2015, 07:32:44 PM

Well, of course we could very well go below $200 again, but just imagine it: It is definitely a possibility that might never ever see a $1xx Bitcoin again! Even $250 could be broken never to be seen again! Exciting times lie ahead, people!

I guess so too. With the kind of drops Bitcoin has had over the past few months, there is a very good likelihood that the bottom has already been reached.

Brewins

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Quote from: var53 on January 24, 2015, 07:31:14 PM

Quote from: Brewins on January 24, 2015, 03:13:29 AM

Nakamoto said: "the price of any commodity tends to gravitate towards the production cost"(or something like it)

Since the sub 200 trip caused great concerns about whether mining would be profitable and what would happens if lots of miners shut down to cut losses, I think we already visited the bottom

If lots of miners shut down the difficulty drops making it cheaper to mine, so the production cost can go down, it's not fixed.

but would take some good time before everything get back to normal, what would cause slow confirmations, mayhem and havoc all of BTC world.

Changes might be possible, but would cause too much pain to count that they would happen without big resistances

okthen

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We've hit the bottom of this bubble (hope and think), lowest all-time bottom would be 0, when no one would pay anything for it. Grin

HarmonLi

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Honest 80s business!

Well, of course we could very well go below $200 again, but just imagine it: It is definitely a possibility that might never ever see a $1xx Bitcoin again! Even $250 could be broken never to be seen again! Exciting times lie ahead, people!

var53

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Quote from: Brewins on January 24, 2015, 03:13:29 AM

Nakamoto said: "the price of any commodity tends to gravitate towards the production cost"(or something like it)

Since the sub 200 trip caused great concerns about whether mining would be profitable and what would happens if lots of miners shut down to cut losses, I think we already visited the bottom

If lots of miners shut down the difficulty drops making it cheaper to mine, so the production cost can go down, it's not fixed.

AtheistAKASaneBrain

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As of right now, 150 is the bottom. All time bottom? no one knows, some people aim at 2 figures, its doable if things doesnt change much in terms of surplus of coins being mined and not sold.

Brewins

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Nakamoto said: "the price of any commodity tends to gravitate towards the production cost"(or something like it)

Since the sub 200 trip caused great concerns about whether mining would be profitable and what would happens if lots of miners shut down to cut losses, I think we already visited the bottom

Appleanimal

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interesting opinions
i think it depends on big whales if they will sell or buy

sed

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Some people are definitely stretching the normal meaning of "much" if we are to interpret the "technically speaking" part literally. I mean, I guess it's subjective whether 200$ is near to 0$. I'm pretty convinced that 0$ is the actual value of "no lower, technically speaking".

pjviitas

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Quote from: Morecoin Freeman on January 20, 2015, 12:06:40 PM

I'm pretty confident we are near the bottom since we can't go too much lower technically speaking.

What does that mean?

pjviitas

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Everyone has a price in mind....for me its worth a fraction of a dollar.

I am not even going to bother juicing up my exchange account again until its below $10.

Seketsuna

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bottom for me would be $100 and i hope the price will stable for awhile

tadakaluri

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From couple of days, BTC price is steady........ This may indicate raise of the price in near future.

mlferro

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Quote from: DonQuijote on January 20, 2015, 09:03:08 AM

Quote from: Amph on January 20, 2015, 03:41:04 AM

above 100 below 200, double digit isn't the bottom , stop thinking about it

I think the same <100 its not easy beacouse thousand of people buy btc at this prize

for sure, if it falls too much, the increase in purchases greatly increased (together the number of people to buy), so the price goes up.

sed

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Quote from: calme on January 20, 2015, 12:16:37 PM

It depends on if they allow BTC to be worth negative amounts. Like if paying them some BTC makes them charge us extra fiat in exchange for taking the BTC

Cc companies do this when paying with fiat currencies, but that doesn't make the currency worth a negative amount. That's called a fee.

johnyj

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Beyond Imagination

0 but that day is still far away Grin

calme

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It depends on if they allow BTC to be worth negative amounts. Like if paying them some BTC makes them charge us extra fiat in exchange for taking the BTC

Morecoin Freeman

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Legendary trader

I'm pretty confident we are near the bottom since we can't go too much lower technically speaking.

Topic: what will be botton of btc ? (Read 2952 times)