Bitcoin Forum

Economy => Speculation => Topic started by: HappyBitCoinUser on December 18, 2013, 01:26:55 PM



Title: Back to $5 BTC
Post by: HappyBitCoinUser on December 18, 2013, 01:26:55 PM
China no longer has positive influence, so probably going to sink down all the way to $5 each now.

After United States, Japan, Europe, and other countries/continents find ways to ban BTC by the gov and banks refusing wires to/from exchange sites, then value will probably have another flash crash down to $0.01 per bitcoin like the one in 2011. At that point, I might pick up 1,000 BTC for novelty.


Title: Re: Back to $5 BTC
Post by: seleme on December 18, 2013, 01:28:49 PM
Smart plan, go for it  ;D

I like your username :P


Title: Re: Back to $5 BTC
Post by: wobber on December 18, 2013, 01:30:28 PM
If price goes anywhere near $100, hundreds of people will rush to buy tens of coins each.

If price goes anywhere near $10, thousands of people will rush to buy hundreds of coins each.

If price goes anywhere near $1, tens of thousands of people will rush to buy thousands of coins each.

if price goes anywhere near $0.1, hundreds of thousands of people will rush to buy tens of thousands coins each.

See my point?


Title: Re: Back to $5 BTC
Post by: gamybtc on December 18, 2013, 01:30:54 PM
As you said, if every country bans the bitcoins, still people find a way to buy bitcoins without knowing the banks.

It is simple. But they don't go to $5 again. May be $100-$150 if it goes the same way.


Title: Re: Back to $5 BTC
Post by: Wilhelm on December 18, 2013, 02:37:09 PM
$0.01 per bitcoin I will buy 100000 BTC :D

P.S. I'll probably buy a unicorn and a flying pig too....