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Question: What do u think will be new low after this XT Drama
$230-$220 - 11 (12.6%)
$220-$210 - 6 (6.9%)
$210-$200 - 6 (6.9%)
$200-$190 - 4 (4.6%)
$190 or even below - 60 (69%)
Total Voters: 87

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Author Topic: New low?  (Read 4134 times)
Thekool1s (OP)
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August 19, 2015, 08:02:32 AM
 #1

What do u think guys the price will be after this XT drama going on, I am thinking around $180-$150 Will be the new bottom low and may even trigger a crash if users panic sell because of crashing price. What do u think?
ravenjt
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August 19, 2015, 08:14:24 AM
 #2

It's the beginning of the end. The glitterati of bitcoin as splitting up into different factions. There are no broad sunlit uplands, only a valley of darkness

Or, more likely, another period of strangely stable (given BTC has no fundamental value in dollar terms) $200-300 prices.
Dilla
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August 19, 2015, 08:27:20 AM
 #3

Bitcoin was just fine the way it was. Why did these retards come in a fuck shit up?
Hunyadi
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August 19, 2015, 08:28:18 AM
 #4

It's the beginning of the end. The glitterati of bitcoin as splitting up into different factions. There are no broad sunlit uplands, only a valley of darkness

Or, more likely, another period of strangely stable (given BTC has no fundamental value in dollar terms) $200-300 prices.

Is it necessary to be so melodramatic?  Grin Grin Grin

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Thekool1s (OP)
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August 19, 2015, 08:29:39 AM
 #5

Bitcoin was just fine the way it was. Why did these retards come in a fuck shit up?

Humans are corrupted by Greed and Profit Wink


so far by polls we are seeing the people are losing faith in bitcoin because of this XT Drama. I think its the best time to sell and wait for the drama to finish if you cant see huge swings on the exchange rate. and buy when the price is low.
Kevin77
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August 19, 2015, 08:30:10 AM
 #6

XT drama is just another attempt to make Bitcoin move forward. It all depends on Bitcoin.
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August 19, 2015, 08:46:45 AM
 #7

Bitcoin was for rather long time up and down mostly between 210 and 290.
It was rather high lately, but that doesn't mean much. If it will go under 210 then yes, it's time to panic. Else.. it's normal, especially now, since people are back from holidays and started playing again on the market.

And don't forget that USD is getting stronger every day and Bitcoin is mostly calculated in USD, so Bitcoin is still good.


All other discussions, motives, like Snowden, XT, attacks and such are.. just diversions.

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batou
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August 19, 2015, 09:14:02 AM
 #8

Every time RSI went below 30, the price has rallied

randy8777
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August 19, 2015, 11:13:17 AM
 #9

XT drama is just another attempt to make Bitcoin move forward. It all depends on Bitcoin.

once or twice a year something like this happens and the prices drop hard. i see it as a great opportunity to buy where others very much panic and sell all their coins.
Paashaas
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August 19, 2015, 12:11:32 PM
 #10

Humans are corrupted by Greed and Profit Wink

Human greed is one of the factors that will make Bitcoin mainstream, the tech is legit and we all know Blockchain's potential is enormous.
dodgecharger
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August 19, 2015, 02:20:20 PM
 #11

"Blood in the streets" in my main strategy for real investing. I have done quite well doing the opposite of the market. My advice for making money in an investment market is to do the opposite of what the mob is doing.
ravenjt
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August 19, 2015, 02:23:14 PM
 #12

XT drama is just another attempt to make Bitcoin move forward. It all depends on Bitcoin.

once or twice a year something like this happens and the prices drop hard. i see it as a great opportunity to buy where others very much panic and sell all their coins.

So with each step downwards in the price of BTC, you buy a bunch more, and then lose a bunch more money with the next step downwards?
gentlemand
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August 19, 2015, 11:43:31 PM
 #13


So with each step downwards in the price of BTC, you buy a bunch more, and then lose a bunch more money with the next step downwards?


You would've nearly doubled your money with the 166 moment a few weeks later. Just as a dump is near inevitable these days, so is a reasonable rise. Maybe it'll stay in the $2-300 range until 2140 when only descendants of the original manipulators are still trading with each other to honour them.
mrhelpful
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August 20, 2015, 04:20:15 AM
 #14

I only the new low will be the high lows of $100ish.

You also gotta see how people would react on the whole hard fork situation that has yet to happen.. so factor that event sooner eventually.
ajrah
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August 20, 2015, 04:29:39 AM
 #15

im ok with the new low of $220-$230
but not with lower than that, i hope it starts climbing the charts again to at least 260

vennali
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August 20, 2015, 05:17:09 AM
 #16

I have given up hope on the bitcoin price for long term or short term. But I really don't think we will see below 200 anytime soon due to the XT drama. It will likely hold on to the 200$ spot as the rock bottom.

Chef Ramsay
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August 20, 2015, 05:29:15 AM
 #17


So with each step downwards in the price of BTC, you buy a bunch more, and then lose a bunch more money with the next step downwards?


You would've nearly doubled your money with the 166 moment a few weeks later. Just as a dump is near inevitable these days, so is a reasonable rise. Maybe it'll stay in the $2-300 range until 2140 when only descendants of the original manipulators are still trading with each other to honour them.
Not a chance, that won't happen nor stay in that range for that long of a period. I'm surprised at you coming in like that. This crap will blow over and the recovery will begin. Some of you feel despair and dejection really hard. The move up will happen at some point in the near to medium future, that's all. No one can tell you a moon date.
Chef Ramsay
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August 20, 2015, 05:36:14 AM
 #18

XT drama is just another attempt to make Bitcoin move forward. It all depends on Bitcoin.

once or twice a year something like this happens and the prices drop hard. i see it as a great opportunity to buy where others very much panic and sell all their coins.

So with each step downwards in the price of BTC, you buy a bunch more, and then lose a bunch more money with the next step downwards?

fart factory
If people paid attention to mam lambpup when this happened back in January they'd still be freaked out at this point. Price has strengthened today after yesterday's dog show in the gutter. If you believe in bitcoin and what it will offer you always find solace and buy the dip. Otherwise, you bail and leave cause you want no part in this realm. Big money is accumulating at these ranges while the nervous nennies fold and run. If you want to achieve what bitcoin can offer, you have to stomach the downturns w/ a smile. Or, sell, turn tail & U-turn and miss out when the parabolic begins. The halving is coming later next year so you do the math. This drama over the blockchain expansion won't be in the mix by then. So, call it like you see it or let the infamous troll lead you to the door.
lissandra
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August 20, 2015, 05:48:17 AM
 #19

im ok with the new low of $220-$230
but not with lower than that, i hope it starts climbing the charts again to at least 260

Do you think it`ll go lower then that though?

What if it reaches around like $170.. man that would be some depressing #`s to see esp when we took awhile to stable the mid $200 mark.

n2004al
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August 20, 2015, 05:55:22 AM
 #20

It's the beginning of the end. The glitterati of bitcoin as splitting up into different factions. There are no broad sunlit uplands, only a valley of darkness

Or, more likely, another period of strangely stable (given BTC has no fundamental value in dollar terms) $200-300 prices.

I don't think so. First the bitcoin XT must show how strong it is and this need time to be verified. Then can be discussed about the price of both of them Bitcoin has a respectable story behind its shoulders and this story cannot go down immediately. I think that bitcoin will survive and I hope tha both groups will be in one mind about the future of this big invention.
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