Bitcoin Forum

Will wer ever see those prices again?  ???
I sure hope so.

Yes we will.
mBTC $100USD for 0.1BTC

I meant per BTC. Not a portion of one.

My reply was sarcastic. :D

@OP    how high are you right now?

I think yes and then 50 and then 20 and then 2 ad then 0.000 (the end of BTC) with in 1 year

Maybe he means $100 per mBTC ?

No I literally meant per BTC. I really wish something will occur that will cause the price to crash that low, but because of the wide adoption across the globe by large and small
businesses I doubt it will. It doesn't hurt to dream though. LOL!

No, even big whales have no reason to see this price again - too risky

Just one question for OP: if you saw bitcoin crashing down 90% to $100 tomorrow, what would you've done? bought some? an honest answer please...

I certainly would. It would sure seem risky but I would.

It's certainly possible, but I wouldn't bet on it.  I'm doubting we'll ever fall below our previous ATH of $266.  Next time we really cross $1000 good, may very well be the last time we see triple digits.

ok but the correct answer is run away :) if bitcoin goes outside of the growing channel (which now has a minimum at like 300) even just for a moment, that would mean that most traders know something very bad that you don't know; not a good time to buy for certain.

there is a huge difference between regular orchestrated panic, when silly newb herd runs to give away their bitcoins cheaply to the money waiting near support lines, and actually breaking through all support lines - this would be a free dive which could easily end in a land crash. at this moment, buying in below 300 would be a huge mistake.

Yes, we are going to see $100-200 levels before 2014 in my opinion.
 :P

I for one would keep buying even at 200 or 100 oe 20

Enough with the sarcasm. I want honest answers. I'm starting a conversation.

All right.

USD and EUR are inflationary currencies
BTC is a deflationary tool.

BTC/USD has nowhere to go except up.

I agree except I think 266 is too low.

Historically, it bottoms out at about twice the previous ATH.

e.g. 30 -> 2,  266 -> 50, 1242 -> 550

But these figures do not represent an event if there is a major bad news about Bitcoins all over the press. This theory will fail in that case, since most hands will then start panic selling if in any way a news challenges the future of Bitcoin.

You're gonna have a hard time getting a straight answer around here in a forum where everyone has an agenda and posts BS hoping to influence people in their direction.

Better to educate yourself and form your own opinions.

Here's an excellent analysis of the forces behind Bitcoin pricing.

http://www.thebitcoinchannel.com/archives/29238

I believe it could be certainly possible. It was not too long ago that we had a hard fork, can we make sure that this is not going to happen again ? Developers were quick and it was resolved. Can we exclude that it will not happen again ?

Most people who bought recently are probably not aware that the technology is not 100% perfect.

Sometimes it needs just a small trigger to create a panic. And a panic sell can bring us very, very deep. And don´t forget, we were at double digits not too long ago....

Maybe.

I will also would like to buy an ounce of gold at 100 USD.
Do you think that this would be possible by the time you get your cheap Bitcoin?

 ::)

Some people don't understand (but still I believe it will change someday) that more expensive bitcoin is, the more people are serious about it. Which means if you ever want to invest in bitcoin you better wish price will be as high as possible.

That vid is awesome, thanks!

brave predictions, brave but false
I may actually believe this  but only when the hell freezes a day before

I'm guessing 6 out of 10.

Check out the others in the series. I'm making a collection of them all to assist Bitcoin noobs.

I haven't checked yet to see if someone has already done that and made a torrent out of it.

Guy has a way with words.

It is very well possible but I don't expect that to happen anytime in the near future.  You can bet if it does I'll be right there with you buying but I refuse too hold my breath.  ;)