Bitcoin Forum

I said it first.
I'm glad I dont own any shitcoins.
Bitcoin is a playout toy. Nobody will take it srs.

k.

well this is very likely to happen if GABI start shorting bitcoins or just don't buy at all

What is GABI?

I doubt one entity can have that much say and can influence the price that much.

they said they might raise $200 million dollars in 6 months count from today

GABI (Global Advisors Bitcoin Investment Fund, First Regulated Bitcoin Investment Fund to Launch on Island of Jersey) is officially open for enrollment and trading starts 01/09/2014. With an estimated 200Million USD coming in

LOL thread.

Clueless noobs.

Sigh.

Why do you think BTC will hit 350 dollars within weeks, and how many weeks?

<== points to $350 with big foam finger.

I can't imagine a such low price, hope it won't happen but bitcoin value is crazy...

https://i.imgur.com/nAvAExb.png

Your forecast would have more credibility if you provided a rationale and or a timeline.  Anyone can say anything will happen within weeks.

I am surprised that bitcoin has not been able to return to its post USMS sale highs, so it should not be too difficult to come up with a good bear story.

I smell a falllling clone  ;D

We recently had a flash crash to below $350 on one exchange, but it only lasted minutes. If we get another within the next month he will proclaim himself right.

Newbie predictions are most like bought accounts raising post count  IMO

Yes but that flash crash probably was caused by a single whale, was that a sort of missclick?

you didnt say it first, many people say all different things

yup, $350k in 10 years ;)

Come on $100,need to weed the mining corps out  ;D

Let it drop then, it will be a good time to buy.

No you are not the first. Some serious analysts have called that possibility already. You can go now.

i think that flash crash was an accident. someone put a bunch of coins for sale at 350, thinking it was 450 and boom, someone swept in and bout them, hence the crash to 350.. but it rebounded in the next few trades. that happened to me many times when i would trade in blocks of 50, i would put it at a dollar or 2 more, but someone would just buy it because its was the exact amount that they wanted. so, the price would "skyrocket" temporarily... thats when bitcoins were just a few dollars.. so, that flash crash is no big deall.. someone made a mistake or programmed their bot wrong...

Sure is.
But i dont even know that this will happen only drop 20$ from 500 still need to drop.

I hope all the other bulls (who may be in temporary hibernation or bear mode even) have put aside enough FIAT to buy if a sharp drop should occur over the next weeks or months! Keep in mind that this is a realistic possibility!

I would say 650 dollars within weeks but it's an hope, not a certainty.

If we go to $650 now, we would enter a bull market again. If we should reach $700, we'd be in for some very very decent rally I guess. This would silence all the bears at once, if you ask me!

How boring, within weeks is a rather lame prediction. Come on, give us a time-frame that's more precise here! Do you expect your prediction to be right if we only touch $350 or do we have to stay on that level for some time?

Half users are bearish and half are bullish, I don't know what to do with my bitcoins.

Need strong stomach to hold on to bitcoin.

If you don't have one, better stay on the sideline like most of us.

Just hold for a few years and don't check price on day to day basis.

Some earlier bitcoin users did extremely well on their forgotten coins.

Ok,you talked me into it.  I'll buy however many bitcoins you have at your $350 price. ;-)

Long-term, I think BTC is only going to continue rising. I think we'll definitely see a large rise when the reward halves in ~2016. Unless BTC is hit with some really bad news (Satoshi starts moving his BTC), I don't think we'll drop to $350.

I'm glad for threads like this. They fill up my ignore list quota.

Traduction from OP's post into real language: I missed out hard at being a BTC pioneer, so everytime it goes low I enjoy other people lossing wealth, even tho Bitcoin will be 10K in 2018, so I need to get in FAST as low as possible. Im also retarded enough to think making posts in BTCTalk will have any impact on the BTC price. Cheers.

In the short term we could reach 350$ or lower, it happened before (from 30$ to 1$ or similar) and it can happen now.
But I agree that in the long term the value will increase and hit new all time highs.

+1

If the price will crash to $300 I will buy as many btc as I can before it will go up again.

Same here, I will start buying at $400 level just to be sure I don't miss the boat..

And what happen if it keep dropping to 200, 100 ?

Are you going to double up? or cut your losses?

nah, it won't go lower than current price, you can see, it is solid now, the dumpers are out, we are heading to  a pump, it's only a matter of time

Oh? I see lots of fishing for bottoms, but no launch pad. If the bulls can't get some momentum going soon, I'm beginning to think $300s are in the cards as well... :-\

The ethereum IPO ends in less than two hours. It could affect bitcoin's price if they announce plans to dump a few more million dollars worth of bitcoins.

No wonder btc keeps dropping for the last few weeks.

Ethereum must be the big whale dumping all these coins.

I bought in at 480 and thought that was the bottom. 350 dollars in weeks? Shit.....

Well, we're still at $480, so no reason to panic yet. ;D

Really, as bearish as I feel the market could get in the coming months (sub-$300 and even sub-$200 are very possible IMO), any buy under $500 is a good long term price.

It could stay low for many months before going back up. It could also go even lower.

you can buy more then.

What if he spent all his money now and cannot afford to buy more?

Yeah true, I even believe we may be in for a long year of sideways movement like for example 2012. I haven't been around back then, but taking a look at previous charts is always a good practice to at least anticipate possible outcomes for the future!

then he lost everything in the final capitulation soon if he doesn't sell now