You heard it hear 1st | Bitcointalksearch.org

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: damiano on March 25, 2015, 06:20:44 PM

Sub $200 will take a lot of miners out. Can the big farms even sustain below $150?

It would put them out, but not indefinetly, because the difficulty would eventually lower back down due to fewer number of hashing power, and
it would once again be profitable to mine.
I believe the big mining operations owners are quite interested in bitcoin, so the profitablility in negative would just make them store coins for future use , and
the mining should continue. However i dont see bitcoin going below 150 ever again, reasons for that to happen would have to be catastrophic failiure, and that is not likely to happen.

cheers

Q7

sr. member

Activity: 448

Merit: 250

I don't deny there's always a group hoping to make quick and all it matters to them is making money and apart from that anything concerning development of bitcoin means nothing to them. However put aside this group there's still us who truly believes in the future of bitcoin and no matter what will continue to support. And that is why bitcoin is still here to stay.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Sub $200 will take a lot of miners out. Can the big farms even sustain below $150?

pereira4

legendary

Activity: 1610

Merit: 1183

Like you said its only intelligent people that get into Bitcoin now because they get it, just like in the early days only intelligent people understood the power of the internet. Let those dumb fucks adapt. It will take 10 years or so, enjoy the ride.

m3g4tr0n

member

Activity: 74

Merit: 10

How far sub-200 are we talking here? 189 is sub-200, and so is 75.

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

Bumping to show precision of predictions.

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

I take back the fact I said sub $50, I was trying to be a bit funny, bold, and exaggerated, but the gist of my theory and post have all come true. It will be at sub $200 again and stabilize there.

8up

hero member

Activity: 618

Merit: 500

Quote from: picolo on January 14, 2015, 03:31:08 AM

Xiaoxiao has never been so close to being right since his prediction! Hopefully the price will not go down more.

Hopefully it will! I have some more money to pour in @ sub 100.

picolo

hero member

Activity: 1022

Merit: 500

Xiaoxiao has never been so close to being right since his prediction! Hopefully the price will not go down more.

Xiaoxiao

legendary

Activity: 1274

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The Golden Rule Rules

rix5

sr. member

Activity: 271

Merit: 250

Quote from: Xiaoxiao on September 02, 2014, 09:44:47 PM

I'm going to make the call right now, and this isn't coming from some troll. But I believe bitcoin will hit sub $100, possibly sub $50 before anything further interesting develops. By all means, as a trader, I wish it hits $5000 or $10,000 in the next 3 days. But I just don't see exponential development in the near future... the long run, who knows though.

I mean, wall street thinks bitcoin is overbought, overpriced, unsustainable. The average citizen isn't crazy about bitcoin at all. You ask the average Joe if they plan on buying bitcoin in the future and you get a melancholy "no". You ask a smart ass in the streets about bitcoin and his answer is "the [expletivie] is that?" You explain it and his response is well that is "[expletive] stupid".

Institutions are already in on it. Speculators are looking to make a quick buck only. Then there are cultists, which is a super minority, and they believe in a whole bunch of unrealistic possibility. The problem with mass adoption is that why would someone go through all this trouble to buy bitcoins, only to spend it on a blu-ray player they could have just bought with their visa.

It seems like only select intelligent people truly believe in bitcoin, and intelligent people are few and far between in this world.

unobtanium, that's less inflationary and also less overbought. also not so expensive to run.

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Quote from: Xiaoxiao on November 03, 2014, 08:44:53 PM

Quote from: spazzdla on November 03, 2014, 08:55:51 AM

Quote from: Xiaoxiao on November 03, 2014, 12:48:31 AM

We will haven't even gone sub $200?

You not will see it even go sub $200?

What?

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

Quote from: spazzdla on November 03, 2014, 08:55:51 AM

Quote from: Xiaoxiao on November 03, 2014, 12:48:31 AM

We will haven't even gone sub $200?

You not will see it even go sub $200?

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: Xiaoxiao on November 03, 2014, 12:48:31 AM

We will haven't even gone sub $200?

Xiaoxiao

legendary

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The Golden Rule Rules

Zarathustra

legendary

Activity: 1162

Merit: 1004

Quote from: Xiaoxiao on October 04, 2014, 02:39:44 PM

Guess what happens when a bubble really pops? It goes back to where it was before... which was sub $30. Before GOX manipulated the market.

Some days before, you gave a chance of 10% that it will go to sub 50.-
And now? I still see a lot of blahblah; 'predictions' without dates.

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

it's happening again, the drop....

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: picolo on October 06, 2014, 03:29:02 PM

We are not at 30$ yet, there are many reasons for the price to be in the range of 200-400$ considering it could go to 5000$ and more when the mass adopt Bitcoin

$200-$400 is a very broad range.

braum

newbie

Activity: 42

Merit: 0

be first to hear this from me, bitcoin will go back to $1.00

picolo

hero member

Activity: 1022

Merit: 500

We are not at 30$ yet, there are many reasons for the price to be in the range of 200-400$ considering it could go to 5000$ and more when the mass adopt Bitcoin

Topic: You heard it hear 1st (Read 14601 times)