Now we crash up!

[T.Stuart]

Hold on to your hats!

[Edward50]

Looks like it will stabilize around here before falling again, just like it did at $900, $800 and $700. Don't expect the drops to stop or the bottom to be here. $500 bitcoins is still way overpriced and not sustainable and especially without china.

[novymivo]

Looks like it will stabilize around here before falling again, just like it did at $900, $800 and $700. Don't expect the drops to stop or the bottom to be here. $500 bitcoins is still way overpriced and not sustainable and especially without china.

500 is overpriced ?
Look how expensive is mining now ...

[T.Stuart]

$500 bitcoins is still way overpriced and not sustainable and especially without china.

Bullshit 

[1Pakis]

Looks like it will stabilize around here before falling again, just like it did at $900, $800 and $700. Don't expect the drops to stop or the bottom to be here. $500 bitcoins is still way overpriced and not sustainable and especially without china.

500 is overpriced ?
Look how expensive is mining now ...

+1

[knightcoin]

People with pessimistic view are starving to see prices  drop, so then they can buy cheap ...

I will die with my coins but not going to sell cheap ... go mining your self ..

 

[totemITnow]

Look how expensive is mining now ...

Very true, Im mining and no way of selling at this price, I guess better is chill out and check after Christmas

[T.Stuart]

Look how expensive is mining now ...

Very true, Im mining and no way of selling at this price, I guess better is chill out and check after Christmas

Whatever you do, remember to chill out at Christmas !

[Bitbuy]

Can't agree more with the 2 posts above. Enjoy the holidays and take a break from this "potential massacre"; as it seems to become for some.

[piramida]

at least we don't have to worry about chinese grabbing all the coins now they will be left far behind in terms of total coin ownership once the dust settles.

[Oldminer]

Looks like it will stabilize around here before falling again, just like it did at $900, $800 and $700. Don't expect the drops to stop or the bottom to be here. $500 bitcoins is still way overpriced and not sustainable and especially without china.

Fuck China, we dont need 'em.

[Cluster2k]

Counterfeit coins such as litecoin have suffered a greater crash.  Down 75% from their very recent peak.  I wouldn't like to be the bag holder there.

[Cluster2k]

Looks like it will stabilize around here before falling again, just like it did at $900, $800 and $700. Don't expect the drops to stop or the bottom to be here. $500 bitcoins is still way overpriced and not sustainable and especially without china.

500 is overpriced ?
Look how expensive is mining now ...

People using bitcoins for commerce don't care how much they cost to mine.  They could be using bitcoins that were mined for $1 each.  Transactions will continue to be processed even if bitcoin plummets, as people who invested in ASIC miners are unlikely to ever switch them off as long as there is a faint hope of ROI.  If ASIC owners refuse to sell their bitcoins into the current market then... will anyone care?  Not really.

[novymivo]

Looks like it will stabilize around here before falling again, just like it did at $900, $800 and $700. Don't expect the drops to stop or the bottom to be here. $500 bitcoins is still way overpriced and not sustainable and especially without china.

500 is overpriced ?
Look how expensive is mining now ...

People using bitcoins for commerce don't care how much they cost to mine.  They could be using bitcoins that were mined for $1 each.  Transactions will continue to be processed even if bitcoin plummets, as people who invested in ASIC miners are unlikely to ever switch them off as long as there is a faint hope of ROI.  If ASIC owners refuse to sell their bitcoins into the current market then... will anyone care?  Not really.

I agree with you but , remember iF mining wont be profitable , and Miners will switch off the Asics, the low price hit everybody, not just Miners.
Bitcoin got 2 ways, sky or ground, nothing between.