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Title: Bitcoin to drop below $300 again? Post by: willy_00 on August 02, 2016, 11:19:20 PM Today I checked the price and it was 511usd per coin. What's happening to bitcoin?
Do you think bitcoin will drop below 300 again? Place your bets here. https://www.betmoose.com/bet/bitcoin-falls-below-300-this-year-2056#bets-1 Title: Re: Bitcoin to drop below $300 again? Post by: richardsNY on August 02, 2016, 11:24:10 PM Nope. It's just too low to happen. Especially now block rewards are only worth 12.5 BTC. If it's not by legit demand, then I am sure Chinese exchanges will offer a helping hand to manipulate the price to healthier levels again. Beside that, it would be very sad to see the price fall even below $400 again. Something that took us years to build up gets smashed down so fast.
Title: Re: Bitcoin to drop below $300 again? Post by: trollercoaster on August 03, 2016, 01:05:20 AM I think it will, I am still hopeful for sub $200.
Title: Re: Bitcoin to drop below $300 again? Post by: Doms on August 03, 2016, 01:13:01 AM Nope. It's just too low to happen. Especially now block rewards are only worth 12.5 BTC. If it's not by legit demand, then I am sure Chinese exchanges will offer a helping hand to manipulate the price to healthier levels again. Beside that, it would be very sad to see the price fall even below $400 again. Something that took us years to build up gets smashed down so fast. So what's the reason why the price has gone down so much? Over 10% in a flash is just a big dip. Has the price been spooked by the Ghost month? We know that the Chinese usually pulls out their investments during August to avoid bad luck. Too bad I haven't the funds to buy right now.Title: Re: Bitcoin to drop below $300 again? Post by: elite3000 on August 03, 2016, 01:13:43 AM Maybe if Bitfinex is insolvent and people don't get their bitcoins back and other exchanges follow, we may see sub 300 for a short while, but won't last long
Title: Re: Bitcoin to drop below $300 again? Post by: vella85 on August 03, 2016, 01:16:50 AM Not sure if it will drop below $300 but I think it go as low as $400. It all depends on the Chinese to see what they will do when they start to wake up.
Title: Re: Bitcoin to drop below $300 again? Post by: robelneo on August 03, 2016, 02:18:30 AM All our expectation has gone to air,just when we all thought bitcoin will rise to $1000 this things happen,my only prayer is that it will not drop further to $300 again,the community should resolve the issue,there's an ongoing talks but neither wants to compromise..
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