We will break $200 again

[jehst]

Doesn't matter if some miners will have to drop out. Blocks will take a long time for a while and then difficulty will drop. Then miners will come back. Difficulty has done nothing but go up for 2 years.

[Chef Ramsay]

Doesn't matter if some miners will have to drop out. Blocks will take a long time for a while and then difficulty will drop. Then miners will come back. Difficulty has done nothing but go up for 2 years.

Agreed but the price has gone down that much during such a time. I suggest you realize that at this point. We could go down swiftly w/o much resistance at this point, margins could reign supreme. Make a call!

[smoothie]

Doesn't matter if some miners will have to drop out. Blocks will take a long time for a while and then difficulty will drop. Then miners will come back. Difficulty has done nothing but go up for 2 years.

Agreed but the price has gone down that much during such a time. I suggest you realize that at this point. We could go down swiftly w/o much resistance at this point, margins could reign supreme. Make a call!

Maximum pain has not been reached.

Miners are still profitable and when they are likely all unprofitable then the pain is going to set in.

Still think price is going to stagnate in the near/medium term.

[zero01]

I hope it will not go down again
maybe if the price can drop below $ 200 would be a lot of people who stopped looking for bitcoin, but I am sure that the big players will not let it happen

[Hunyadi]

Doesn't matter if some miners will have to drop out. Blocks will take a long time for a while and then difficulty will drop. Then miners will come back. Difficulty has done nothing but go up for 2 years.

Agreed but the price has gone down that much during such a time. I suggest you realize that at this point. We could go down swiftly w/o much resistance at this point, margins could reign supreme. Make a call!

Maximum pain has not been reached.

Miners are still profitable and when they are likely all unprofitable then the pain is going to set in.

Still think price is going to stagnate in the near/medium term.

They were unprofitable in January.

[Monopoly]

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. 

I am Seeing a logical word after days ...... for long time we break so many supports like $900,800,700,600,500,400,450,400,350,300 .... it's obvious we will break 200 and even 100 and even 50 very soon .

[jjacob]

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.

[srgkrgkj]

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.

well we might see prices in the 100s soon lol it doesn't seem 220 or figures close are strongly held

[erikalui]

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.

[g-unit]

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.

[MF Doom]

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.

[g-unit]

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 .

[shane]

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.

This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost

[richardsNY]

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.

This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost

Not necessarily. The price has been going down for more than a year now and the difficulty has been rising nearly all the time. Large pools are very dedicated, especially the mining farms in China. Says enough.

[Ab-Soul]

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. 

I hope we hit 133$. I have a lot of dollars I need to buy Bitcoin.

[lexuz]

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.

This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost

Talk about mining company, i think already shut down not need price down. Like ltcgear,cloudminr. mining now is not profitable, if price still below $300

[MinerHQ]

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.

This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost

Talk about mining company, i think already shut down not need price down. Like ltcgear,cloudminr. mining now is not profitable, if price still below $300

Yes most of the mining people complaining about no profit. Now only bitcoin demand can bring the price above the 300 level but it will take quite some time. May not be soon.

[aakashsangwan]

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.

This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost

Talk about mining company, i think already shut down not need price down. Like ltcgear,cloudminr. mining now is not profitable, if price still below $300

Yes most of the mining people complaining about no profit. Now only bitcoin demand can bring the price above the 300 level but it will take quite some time. May not be soon.

What does it mean
till January the prices will remain fluctuating like now and if Bitcoin XT wins the game(never going to happen) then also people will loose their faith in bitcoin and abandon the project.
And if we are going to aim for high prices of bitcoin, then it's not gonna happen before July 2016 i.e. before block halving.

[randy8777]

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.

This is something reasonable, if bitcoin price down, "big mining company" will shut down some hardware to reduce electric cost

Talk about mining company, i think already shut down not need price down. Like ltcgear,cloudminr. mining now is not profitable, if price still below $300

Yes most of the mining people complaining about no profit. Now only bitcoin demand can bring the price above the 300 level but it will take quite some time. May not be soon.

i can only see the demand increase once the block halving has taken place. we are currently nearly less than a year away from the halving. in that time a lot can happen. it will be a rollercoaster ride.

[Amph]

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. 

I hope we hit 133$. I have a lot of dollars I need to buy Bitcoin.

well buy now, because i doubt the price will ever fall so low, falling at 133 would mean falling even lower guaranteed

it's better to stick with the 200 mark as a best low target, you won't get something better as a average value, not talking about random exchange where the price fall to 170 like happened with bitfinex