what will be botton of btc ?

[var53]

Nakamoto said: "the price of any commodity tends to gravitate towards the production cost"(or something like it)

Since the sub 200 trip caused great concerns about whether mining would be profitable and what would happens if lots of miners shut down to cut losses, I think we already visited the bottom

If lots of miners shut down the difficulty drops making it cheaper to mine, so the production cost can go down, it's not fixed.

[HarmonLi]

Well, of course we could very well go below $200 again, but just imagine it: It is definitely a possibility that might never ever see a $1xx Bitcoin again! Even $250 could be broken never to be seen again! Exciting times lie ahead, people!

[okthen]

We've hit the bottom of this bubble (hope and think), lowest all-time bottom would be 0, when no one would pay anything for it.

[Brewins]

Nakamoto said: "the price of any commodity tends to gravitate towards the production cost"(or something like it)

Since the sub 200 trip caused great concerns about whether mining would be profitable and what would happens if lots of miners shut down to cut losses, I think we already visited the bottom

If lots of miners shut down the difficulty drops making it cheaper to mine, so the production cost can go down, it's not fixed.

but would take some good time before everything get back to normal, what would cause slow confirmations, mayhem and havoc all of BTC world.

Changes might be possible, but would cause too much pain to count that they would happen without big resistances

[rosh]

Well, of course we could very well go below $200 again, but just imagine it: It is definitely a possibility that might never ever see a $1xx Bitcoin again! Even $250 could be broken never to be seen again! Exciting times lie ahead, people!

I guess so too. With the kind of drops Bitcoin has had over the past few months, there is a very good likelihood that the bottom has already been reached.

[Amph]

who was thinking sub 100, was a troll of course, the lower it get the stronger the support, it can go to double digit so easy

[Appleanimal]

it is still changing every day

Well, of course we could very well go below $200 again, but just imagine it: It is definitely a possibility that might never ever see a $1xx Bitcoin again! Even $250 could be broken never to be seen again! Exciting times lie ahead, people!

if you look at the chart it is going down from december 2013, i don´t believe bicoin any more