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Topic: Who predicts Bitcoins will drop below $10 ? Who is planning to buy, if it does? (Read 5993 times)

legendary
Activity: 1168
Merit: 1049
Keep spreading FUD, sell your coins quickly please while you can, bitcoin can be $10 within a day
sr. member
Activity: 476
Merit: 501
Seems BTC survived the 2011 dip into $10 and consolidated in a higher level.

legendary
Activity: 1106
Merit: 1000
Seems to me that $10 is a very important mark for Bitcoins. If prices drop below $10, I would imagine MANY people will be in buying sprees. How many of you think it will or won't happen, and how many plan to buy if it does? I have not seen it around $12.65 for some time now. It did drop down a few days ago, but it never went below $12.50. Fortunately I had some funds in Dwolla at the time.

I will buy many btc if the price drop to $10.
before drop $10 i will buy more actually Tongue
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
I bought enough under $10 to be set for life, but I sold most of them for a very small profit.

Ouch. Never trade more more than 10% of your coins.  Shocked



Unless you're forced to spend/sell of course.   Cry
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
It'll go below 10, but I'm not buying. When it's below 10, it won't be able to get above it again and stay there. We might see a brief DCB to $15 or something, but then it quickly drops down to $5 or less.

DCB? LOL


 Smiley Wink Cheesy Grin Cool
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
I wonder how many people actually bought sub $10. It's not an easy thing to buy toward the bottom when sentiment is horrible.

If we went sub $100 this year, people would still be greedy and wait for lower prices. $80? $50? $10 again? This is the reason some people still aren't buying now, and will miss the train if we head back over $300. It's also the reason that we will probably never go sub $100, since people know that they cannot predict the future, and will be buying en masse at prices near the top of the last bubble.

Who wants my $7 BTC?
I bought enough under $10 to be set for life, but I sold most of them for a very small profit.
sr. member
Activity: 476
Merit: 250
It'll go below 10, but I'm not buying. When it's below 10, it won't be able to get above it again and stay there. We might see a brief DCB to $15 or something, but then it quickly drops down to $5 or less.
tss
hero member
Activity: 742
Merit: 500
i think if bitcoin touches the $99.99 mark it will be all over and a slow churn to beanie babies status
member
Activity: 101
Merit: 10
Legendary
hero member
Activity: 526
Merit: 500
There is no way it's going to drop to $10.  Nobody would mine it at that price.

Stop talking in absolutes. It can happen, but the chances are very slim that it will go down that much. It has been there before, so it could be there again.

Stop telling strangers what to do - learn some manners man.   Quantum theory says pretty much anything can happen but...

Odds that it'll drop to ten are unbelievably low, since if it goes to ten - nobody will mine it as I said - then it'll continue on down to 0.

There's nothing but volatility ahead.
legendary
Activity: 1204
Merit: 1028
I will buy at $6 or lower.
You want your animated gif to happen right? lol. Well, I dont think we will ever go that low before someone starts buying like crazy.
sr. member
Activity: 560
Merit: 250
There is no way it's going to drop to $10.  Nobody would mine it at that price.

Stop talking in absolutes. It can happen, but the chances are very slim that it will go down that much. It has been there before, so it could be there again.
hero member
Activity: 526
Merit: 500
There is no way it's going to drop to $10.  Nobody would mine it at that price.
legendary
Activity: 1106
Merit: 1005
Wow, posts like these from 2011 put everything into perspective. The price actually went below $10. Way below that even. And yet it started to climb again and reached $1000 back in November 2013. People need to realize these things have happened before in Bitcoin and may repeat over and over again. We're not screwed at all in my opinion! Smiley

yes, but back then nobody has heard of btc and the news didn't propagate through the internet at that point. When they did the bubble happened. These days everyone knows Bitcoin and finding new buyers for overvalued coins becomes harder and harder

In my opinion Bitcoin hasn't even reached any significant mainstream-investor-adoption. Even if the whole current market cap was invested in Bitcoin (which it isn't) we'd still be talking about a rather small amount of money - compared to the potential upsides.

yes, marketcap is so small because everyone was buying bitcoin and that bled out the money to the miners. All of crypto-industry could be 3 or 4 times as big already (or even more) if people wouldn't have bought BTC  but a less inflationary coin instead. I will be waiting and looking if people get wise or if irrationality prevails.

@the other: yes, call me a troll for being a bear on btc and correct all year long. People called bears trolls on 800$, on 600$, on 300$ ... #justsayin'
trend is your friend (well, not the bulls friend certainly)

Historically bear markets in Bitcoin last much longer than bull markets, however bull markets are much more explosive and even 2 weeks of bull market will completely blow away 6 months of bear market.

Next bull market may very well bring the price from $200 to $2000 within 10 days.
legendary
Activity: 1106
Merit: 1005
Wow, posts like these from 2011 put everything into perspective. The price actually went below $10. Way below that even. And yet it started to climb again and reached $1000 back in November 2013. People need to realize these things have happened before in Bitcoin and may repeat over and over again. We're not screwed at all in my opinion! Smiley

yes, but back then nobody has heard of btc and the news didn't propagate through the internet at that point. When they did the bubble happened. These days everyone knows Bitcoin and finding new buyers for overvalued coins becomes harder and harder

People have heard about Bitcoin. Most people heard about in in December 2013 and most of them thought it was too expensive. (Note it was relatively expensive back then).

Now they think Bitcoin has failed because it's in a massive bear market. But since everyone knows about Bitcoin now, the new serious increase in price will spark interest with all these people who never had interest before. People will be one greedy and want to profit from the new bubble and will fuel it even more.
hero member
Activity: 504
Merit: 500
What if this happens again this year.. Shocked Shocked
newbie
Activity: 48
Merit: 0


You arent a troll, you are just an obvious alt sock puppet shilling for alt coins.



And you are just an obvious bitcoin sockpuppet shilling for bitcoin - where's the difference?
No difference. You're only shilling and pumping harder so you're actually the worse pumper of us two. At least i don't hype a specific product like you do. 
legendary
Activity: 1176
Merit: 1000
Wow, posts like these from 2011 put everything into perspective. The price actually went below $10. Way below that even. And yet it started to climb again and reached $1000 back in November 2013. People need to realize these things have happened before in Bitcoin and may repeat over and over again. We're not screwed at all in my opinion! Smiley

yes, but back then nobody has heard of btc and the news didn't propagate through the internet at that point. When they did the bubble happened. These days everyone knows Bitcoin and finding new buyers for overvalued coins becomes harder and harder

In my opinion Bitcoin hasn't even reached any significant mainstream-investor-adoption. Even if the whole current market cap was invested in Bitcoin (which it isn't) we'd still be talking about a rather small amount of money - compared to the potential upsides.

yes, marketcap is so small because everyone was buying bitcoin and that bled out the money to the miners. All of crypto-industry could be 3 or 4 times as big already (or even more) if people wouldn't have bought BTC  but a less inflationary coin instead. I will be waiting and looking if people get wise or if irrationality prevails.

@the other: yes, call me a troll for being a bear on btc and correct all year long. People called bears trolls on 800$, on 600$, on 300$ ... #justsayin'
trend is your friend (well, not the bulls friend certainly)

You arent a troll, you are just an obvious alt sock puppet shilling for alt coins.

How do we know you have been right? Where are your calls from 9 months ago? Any newbie can turn up saying they have been correct for months.
newbie
Activity: 48
Merit: 0
Wow, posts like these from 2011 put everything into perspective. The price actually went below $10. Way below that even. And yet it started to climb again and reached $1000 back in November 2013. People need to realize these things have happened before in Bitcoin and may repeat over and over again. We're not screwed at all in my opinion! Smiley

yes, but back then nobody has heard of btc and the news didn't propagate through the internet at that point. When they did the bubble happened. These days everyone knows Bitcoin and finding new buyers for overvalued coins becomes harder and harder

In my opinion Bitcoin hasn't even reached any significant mainstream-investor-adoption. Even if the whole current market cap was invested in Bitcoin (which it isn't) we'd still be talking about a rather small amount of money - compared to the potential upsides.

yes, marketcap is so small because everyone was buying bitcoin and that bled out the money to the miners. All of crypto-industry could be 3 or 4 times as big already (or even more) if people wouldn't have bought BTC  but a less inflationary coin instead. I will be waiting and looking if people get wise or if irrationality prevails.

@the other: yes, call me a troll for being a bear on btc and correct all year long. People called bears trolls on 800$, on 600$, on 300$ ... #justsayin'
trend is your friend (well, not the bulls friend certainly)
hero member
Activity: 560
Merit: 500
Yeah trolls never change, look at their posts back on the first page and in other old threads from 2011, it's the exact same thing we hear now from names like lambchop, nothatinjusttrollin, yourmother, etc.. They keep making up excuses as to why now it's all different but yeah we all know how that ends up eventually. Tongue

When it comes to trolls, all one has to do is imagine themselves having the same amount of disdain toward any other topic that you can think of.  For starters, are you going to go to a forum dedicated to that topic and waste your time creating an account so that you can waste even more of your time every other hour to let other people know about your disdain for that topic?

Makes me wonder how much the trolls' employers actually think they are affecting anyone.  It would take someone with an IQ smaller than the trolls themselves to believe a word from them

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