Bitcoin Forum

Old mentality: I have got to buy, the price is going up. I will not sell at $1200, bitcoins will be worth millions.

New mentality: I have got to sell, the price is going down. Why would I hold, I might lose everything.

Old one: Look at these cheap coins ($550 vs $1200) BUY!

New one: Look at these expensive coins. Now they are $550, in 2010 they were only a few cents. SELL!

Old one: I am investing in disruptive technology.

New one: I got scammed!

Lots of people have been burnt buying at 1200, and they want to get out. Many early adopters will try to cash in their fortunes.

Fear will replace greed. Reality will replace delusion.

Look out below.

Bitcoin below 10 dollars in 2014.

You right it is relative, but bitcoin is useful for what it can do for global transactions on a large scale, this price volatility is result of speculation but should not be reference on how valuable a bitcoin is, because its value has not been fully realized yet.

It's an idea, but don't forget that bitcoin hasn't gain it's mainstream popularity, and only a minor number of people know about it, another hype would make it go back up to the moon.

The real value will come in another year or two when all these start up companies based around bitcoin make apps, transactions and wallets easier.

Nope. Bitcoin is still as sound as it ever was. Hodling.

Also: go get slaughtered piggy.

Old: I invested in disruptive technology!
New: I got scammed !

I have no positions in bitcoin.

I don't know where to start with you OP, so I'll just post here for future reference and time will tell.. ::) ::)

ok

WGAF :-)

Smart investors will instantly buy ALL Bitcoins available for $10/BTC, so this price won't ever happen!

SELL SELL SELL YOUR BITCOINS (to me)

it wont be tell the last BTC is mined that we can see it stablize. maybe $10 maybe $4500. It all really should not matter, this is a major break through in world economics. enjoy the ride.

Yes you have told us several times. Just love to slag off bitcoin at every opportunity. Ever thought of getting a life?

Some of those are on point! However, it's up to us to maintain bit coins price by spending them!

That's what exchanges are for :)

BTC will probably always be around as a huge speculation for those who deal in cryptocurrencies.

Yes, that is your problem and the reason why you open so many troll threads. You missed this train which we didn't. You are slaughtered already.

yes i totally agree, the problem with that is with something this volitile your natural logic is to treat it like a stock. I think that once its stabelizes (hopfully after the 21 millienth coin is mined) it will be even more popular and trading/spending will boom.

For every one person who invested at these high of prices, there are ten others who didn't have the money to even buy 0.1 + worth of btc, a forum I visit daily has people begging for even satoshis to get in on the bitcoin craze.

The point to that statement? If we do ever hit 200$ or less, I expect a HUGE rush to buy in from all the smaller fish that couldn't buy in at these absurd prices and who were waiting for a smaller entry price.

And considering this is the 3rd major bubble, it would probably be in their best interest to do so.

I foresee a sort of "equilibrium" occurring anywhere between 200-300 for at least a few months into the new year.

Shit, after watching all last night, and the crash a week or so ago, 500 could be the new 100 from last summer.

During the past summer we saw 100$ keep pretty steady for a solid few months after that 266 high.

I fully expect another bubble, and then another drop to a quasi equilibrium, rinse and repeat.

But we all know why you're making these forecasts, just as all the other's that predict " BITCOIN TO SUB 100 ITS GONNA CRASH", you're just wanting to get in at a low price since the barrier to enter is so high at the moment.

I don't think anything we say will stop him unfortunately. He's on a mission to troll us to death ;)