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Topic: What will happen if we go lower than $215? (Read 2166 times)

sr. member
Activity: 303
Merit: 250
February 12, 2015, 12:56:21 PM
#27
It seems like not long ago that we were at $190. Smiley
legendary
Activity: 1260
Merit: 1116
February 11, 2015, 09:21:56 PM
#26
What will happen is just more good news. Let these 1% elite rich owners panic and sell like scared chickens so normal people can own at least a couple full btc.

So for you, it will not matter if the price goes down even more?

Envy the man with nothing to lose
full member
Activity: 140
Merit: 100
✘ΑΦΩ✘
February 11, 2015, 09:20:06 PM
#25
What will happen is just more good news. Let these 1% elite rich owners panic and sell like scared chickens so normal people can own at least a couple full btc.

So for you, it will not matter if the price goes down even more?
legendary
Activity: 1372
Merit: 1252
February 11, 2015, 07:15:39 PM
#24
What will happen is just more good news. Let these 1% elite rich owners panic and sell like scared chickens so normal people can own at least a couple full btc.
hero member
Activity: 924
Merit: 1000
February 11, 2015, 06:11:55 PM
#23
Nothing special happens. the world is not damaged. Only some people are angry by the big losses. My average buy-price is $450,- so you you can imagine how i feel myself.  Wink
sr. member
Activity: 378
Merit: 250
February 11, 2015, 06:04:43 PM
#22
Just a questions, what will happen if we go lower than that?

I will buy more. Next question?
/thread
legendary
Activity: 1288
Merit: 1000
February 11, 2015, 05:53:22 PM
#21
Price thresholds are nothing to be afraid of. After all price will go up again after some time. 215$ is not that bad of a deal, bitcoin is so unstable recently that I find that price to be quite good to be honest.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
February 11, 2015, 05:44:06 PM
#20
This article:

Is $215 The Lowest We Could Go?

...says that we could stay at $215 and maybe that will be the lowest that we could go.

Just a questions, what will happen if we go lower than that?


The same which happened last month when BTC was at that same level.
legendary
Activity: 2170
Merit: 1427
February 11, 2015, 04:26:21 PM
#19
Absolutely nothing.

Why should something happen?

And since when is $215 an important support level? Since never. Beause it isn't, and never will be.  Cheesy
hero member
Activity: 798
Merit: 500
February 11, 2015, 04:16:59 PM
#18
Cloud mining will be a thing of the past to start with
People will dump UMISOO shares https://www.hashnest.com/currency_markets/17 and it will be shut down if the bitcoin prise will go down.
Lots of other cloud mining..

New people will enter because the price is low
This could be something good..

People will jump ship and never come back
I hope not too many will..

Merchants loose trust
If they still have trust, most just instantly sell for FIAT i think..
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
February 11, 2015, 04:11:32 PM
#17
This article:

Is $215 The Lowest We Could Go?

...says that we could stay at $215 and maybe that will be the lowest that we could go.

Just a questions, what will happen if we go lower than that?




Nothing.
newbie
Activity: 44
Merit: 0
February 11, 2015, 04:00:02 PM
#16
That would be great. i would buy as much as I could afford!
newbie
Activity: 54
Merit: 0
February 11, 2015, 03:57:30 PM
#15
Just a questions, what will happen if we go lower than that?

I will buy more. Next question?


What more is there to say?
full member
Activity: 210
Merit: 100
February 11, 2015, 03:53:43 PM
#14
We were there just a few weeks ago. We hit something like $175. I bought some, sure people also bought some, life goes on as normal. Don't invest what you can't lose.
hero member
Activity: 493
Merit: 500
February 11, 2015, 02:04:36 PM
#13
Just a questions, what will happen if we go lower than that?

I will buy more. Next question?
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
February 11, 2015, 02:01:08 PM
#12
I dont think we will ever see sub 100 again but even if we do I will use it to buy some more. Price can go up or down but bitcoin will have same functionality as it have now.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 11, 2015, 01:59:20 PM
#11
The reason I use Bitcoin if the features, not the value. So price goes up or down....meh.. dont really care
Same here. For me noting happens because of price.
hero member
Activity: 555
Merit: 507
February 11, 2015, 01:54:39 PM
#10
The reason I use Bitcoin if the features, not the value. So price goes up or down....meh.. dont really care
sr. member
Activity: 308
Merit: 250
February 11, 2015, 10:29:14 AM
#9
We went down to 160 - 180 last month what happened then?

Not alot it took around 3 seconds to bounce back to 200!

I managed to snap some up at 180 - 185 which i will hold in cold storage for ever if Bitcoin fails (which i doubt) then i lost what i could afford to lose no biggie for me.

What about the guys who have brought more than they can afford to lose, who knows  Undecided
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 11, 2015, 10:28:13 AM
#8
Who cares if it goes lower than $215.  Price goes up, price goes down.  Supply and demand.

Ideally, anyone involved wants BTC price to exceed X amount, because we all have a stake in it.

The only question you should ask is "What will happen if we go to zero?"

This is the only valid question, really.  Does the experiment end?  Do we move on from this?  Is there a substitute or another currency we look towards?

Not $215.
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