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Between $150 and $5 million plus.
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It will happen. I'm a long term bull. But in the short to medium term. We are generally going down. Best case (side ways for a while). Probably hit $133 or so. Just my smooth-cents.  Breaking $200 will be very disappointing for me. I had factored in a 'worst case' scenario of $200. Even if it does reach, there's nothing to worry about as bitcoin is a currency that doesn't keep following a down trend. Patience matters a lot and I've been witnessing it's price fluctuating from $295-$210 since few months but have never gone in loss due to the price.  I think it has been following a downtrend since about january of 2014. Yes there have been minor (temporary) support levels, and a few good runups that I can remember, but overall we're in a downtrend, and appear to still be in it. At the time being it looks like the $200 level may hold, but then again, I thought the $250 level would as well, especially when we ran up to over $300 last month. I think too many are being squeezed out, so the less people in the market are making greater volatility possible. True, but look at it this way too….we've been in an uptrend since January 2015 . |
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well this drama is costing people a hell of a lot of money lol  most people are only in it for the short term and that gives them a bad impression for plenty of people that are losing money, there also are a few winners. people that can't handle volatility should sell all their coins and never come back. these are the kind of people that blame bitcoin for their own stupid actions. I like this. I feel like we have a lot in common regarding our positions on Bitcoin . I get the impression too many people bought in thinking it would skyrocket and when things went sour they turned bitter. I guess it's good we are washing those people out now though. |
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Maybe we'll another flash drops to $198 again  I hope you'll get a chance to buy those cheap coins But, if bitcoin really drops below $200 it could be dangerous for bitcoin itself. Miners could stopped their mining activity & people sell their bitcoin to prevent bigger losses, and if that happened bitcoin would go back again to 2011  Not really. The difficulty would drop and it'd be easier/cheaper to mine. |
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If we break 200 again, it will be barely under 200 and short lived. Too much resistance there.
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Why are so many being a pu$$y?
So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.
If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.
Some people need to consider using logic instead of emotion. Smh.
it is because some of them are holding a lot of bitcoins .. so , in reality when you hold a lot of bitcoins, every dollar that go down, is also a lot of money in real will be gone. so its only natural for them to be afraid. when it go down again and again it will be thousand of dollars gone to them. but those who have guts just stay patience any stay put. Very true. I'm in that boat but the patient people win . |
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Almost nobody has patience nowadays. Get used to that. And in this forum (and BTC world) almost everybody wants to get rich quick. If one would just believe in BTC would only have the amount for tests and normal use and would not care about the current price. But with all just "buy and hodl", what would you expect And the drama is good, actually. At least people talk about Bitcoin.  While people talk about it, we know it's here, "alive", up and running. Don't complain, please True, sometimes bad media coverage or bad attention is better than no coverage or attention at all. I'm one of those people that buys consistently and holds. I'm guessing a lot of people thought they'd get rich quick and invested too much and had to cash out at a loss. |
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Why are so many being a pu$$y?
So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.
If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.
Some people need to consider using logic instead of emotion. Smh.
People want results quick this is how humans are hardwired to look at. Also it's frustrating knowing the early investors only had to wait 4-5 years to have millionaire purchasing power, for this to repeat we'll need at least 10K per bitcoin, and to reach 10K per bitcoin it may take what, 10 to 20 years? That frustrates people. It's understandable tho, time is everything, but we can do nothing but hold and wait. I get it. Hell, I wish I'd known about bitcoin in 2009 and bought heavily, but it is what it is. There is no guaranteed get rich quick unless you win the lottery or something. Whatever happened to hard work, patience, and delayed gratification? |
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Why are so many being a pu$$y?
So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.
If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.
Some people need to consider using logic instead of emotion. Smh.
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I believe this is a local bottom, that could be tested again today or tomorrow, if it holds then what could follow are two small legs up, to about 240$ and to 265$ possibly, after which a larger correction could begin. At least that's my most probable scenario, I bought non leveraged around 210$ (didn't expect to drop below), and plan to sell soon and later short the top of the second leg up with max leverage. chances are high that the $200 will get tested again within a few days, but too much people are waiting to buy around that level. i think the support is strong enough to not let it fall below $200. Completely agree. US has bought 12k BTC in the past 90 minutes. Wonder if this little rally to 223/4 was just from a few large buys or bunch of little people speculating. |
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If you are worried about buying you have too much. If you are worried the price will go up before you can buy you have too little. If you don't care either way you have just the right amount. Someone should make a sticky with these recurring topics.
Good point. Never thought of it that way. |
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Someone said this earlier I think...between lost coins, whales holding, and Satoshis holding it probably won't go below $150, or somewhere around there. Once the price dips below 200, if it does, buying will pick up. I don't think big players want the price to get too low. Just my 2 cents. Sorry I don't have more of a rationale  . |
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If you're gonna be a smart ass then don't bother answering asshole.
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China is still buying over 40 BTC per minute. Are they investing in BTC after selling their stocks?
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Seems like so far we have good resistance at $200. Just last night and the week before the price rebounded rather quickly after touching $200 or slightly below.
Not saying it won't go lower, but that's at least one positive. I feel the price very well could crash a lot more if the percentage of XT nodes/miners continues to go up. The stock market action certainly doesn't help either.
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Get some fiat ready. It won't be long until there is a final wash-out period to wash out all of these weak hands.
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xtnodes.com is back up. Interesting.
Still seems to be having serious issues. I'm suspecting that their host is cutting them off because of the amounts of traffic they receive on top of yesterday's DDOS. Which is such a pity because it was used by people from both sides of the debate. Yeah it's down for me again too. What a disappointment. That was my favorite site to track xt nodes. |
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xtnodes.com is back up. Interesting.
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What happened to this site? Did they take xtnodes.com down?
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