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Author Topic: Falling under 300 again  (Read 17724 times)
erikalui
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November 20, 2015, 09:42:24 AM
 #21

It's not going to fall below $300 today or tomorrow. May be by the weekend and I am trying to trade my coins at the current price as if it falls, I'll be at loss as I bought the bitcoins at $334 price. It seems that there is not much demand as people all are getting rid of their coins on exchange websites.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Spabupe
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November 20, 2015, 09:49:36 AM
 #22

no one can guarantee a rise or fall in the bitcoin precise accuracy. an indication of what makes you sure about this?
The recent news of EU union giving a proposal to ban bitcoin is a pretty bad news for the price of btc Sad

Let's hope this is just a hiccup on the price and nothing serious Sad

It's not going to be banned. Because they can't.

Quote
EU interior and justice ministers will gather in Brussels on Friday for a crisis meeting called after the Paris carnage of last weekend.

They will urge the European Commission, the EU executive arm, to propose measures to "strengthen controls of non-banking payment methods such as electronic/anonymous payments and virtual currencies and transfers of gold, precious metals, by pre-paid cards," draft conclusions of the meeting said.

http://www.reuters.com/article/2015/11/19/us-france-shoooting-eu-terrorism-funding-idUSKCN0T81BW20151119
QuintLeo
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November 20, 2015, 09:57:41 AM
 #23

I'd not bet on $300 that soon, but I AM betting on under $300 by the end of the year and more likely $250ish.

 The BTCC-inspired buying frenzy is over, now it's back to pretty much no new news (and that news is bad, given the apparent intent of the EU to "crack down on Bitcoin" somehow).

 Might see a short Christmas-time inspired bump driven by short-term demand, but I doubt it'll be enough to bump the price a lot or for any lasting period.


 $400 in June won't shock me though, as I anticipate a substantial runup (but NOT to double the current pricing) during the month or two prior to the halfing, and some settle-back after to a somewhat higher "long-term support" floor.

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ajrah
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November 20, 2015, 10:02:20 AM
 #24

Sad days again in bitcoin land... full bear mode enabled.
We will be dropping under 300 within te next 12 hours.


Can someone please post how much is BTC-USD rate at 03:19:56am
Let's see how much is the BTC-USD by 05:19:56pm if speculation is correct, but I hope rate do not go down below $300 level

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November 20, 2015, 10:16:45 AM
 #25

I'm okay if it drops, I believe that it won't take long for it to go up again

If it does go down under $300 I might buy some more bitcoins, I see it as a sale for christmas

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November 20, 2015, 10:21:08 AM
 #26

Sad days again in bitcoin land... full bear mode enabled.
We will be dropping under 300 within te next 12 hours.


It's going back up again, and is now sitting at $321. Even if it does go below $300, then what? Will Bitcoin fail according to you by going sub $300??  Cheesy
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November 20, 2015, 10:25:21 AM
 #27

I'm okay if it drops, I believe that it won't take long for it to go up again

If it does go down under $300 I might buy some more bitcoins, I see it as a sale for christmas



I believe you are right.

We've seen the price can be mainted around the 300 dollar line. Give it time bitcoin will rebounce again.
avw1982
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November 20, 2015, 11:14:29 AM
 #28

Sad days again in bitcoin land... full bear mode enabled.
We will be dropping under 300 within te next 12 hours.


Can someone please post how much is BTC-USD rate at 03:19:56am
Let's see how much is the BTC-USD by 05:19:56pm if speculation is correct, but I hope rate do not go down below $300 level
Now in this time exactly 1 BTC rate equals 320.67$ U.S. dollars and I feel after this month we can see good impact on Bitcoin growth. from some days onwards it rate is going down low day by day. lets hope for the best BTC growth.
Alley
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November 20, 2015, 12:43:25 PM
 #29

Another false prediction.  Move along.
sakira
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November 20, 2015, 12:47:53 PM
 #30

do not be too concerned if the price back to $300, Is not that, good to buy some bitcon and hold? Smiley
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November 20, 2015, 01:04:12 PM
 #31

Another false prediction.  Move along.

Yes, especially when and after you see who has opened a thread. Probably the most pessimistic person on the forum! Smiley Sorry OP but I see no credibility at all here!
bitcoin-hunter
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November 20, 2015, 01:36:02 PM
 #32

PEOPLE don't panic with this under 300 dollar prediction. This morning bitcoin was 307 dollar and now it is 321.80 dollar.

So you can be happy now. I think it will just go up and down. Like a a rollercoaster.

And yes I know some people still not happy they want 350 plus. But just wait 2016 That will be the year of us Cheesy
fast2fix
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November 20, 2015, 01:45:35 PM
 #33

do not be too concerned if the price back to $300, Is not that, good to buy some bitcon and hold? Smiley
yes we can buy some more coins if price goes below $300. then selling them at halving for $700+ or hold for even longer!. Roll Eyes
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November 20, 2015, 01:47:12 PM
 #34

Sad days again in bitcoin land... full bear mode enabled.
We will be dropping under 300 within te next 12 hours.

No, we won't. Price is stable over 300 for 2 weeks. There isn't any action to go down under 300$ again right now. We'll stay over 300$.
boopy265420
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November 20, 2015, 02:10:41 PM
 #35

Everyone saying price will drop under 150 $ but price reached over 500 $ .I don't price will stay under 300 $.This can go undet but will bounce back and most of the time will remain between 320-340 $ till next rise starts.
CryptoBjorn
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November 20, 2015, 02:15:18 PM
 #36

do not be too concerned if the price back to $300, Is not that, good to buy some bitcon and hold? Smiley
yes we can buy some more coins if price goes below $300. then selling them at halving for $700+ or hold for even longer!. Roll Eyes
That is also a solution if the price will drop down. I would just buy.
And hold it. Because we never know that one day will just rise.
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November 20, 2015, 02:23:13 PM
 #37

Bitcoin is falling now because grim news from EU. Apparently EU government want to introduce more laws to 'control' bitcoin more. As it is 'big source' of money for terrorists.
Which is totally bullshit by the way.


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November 20, 2015, 02:39:03 PM
Last edit: November 20, 2015, 02:52:25 PM by stereotype
 #38

Bitcoin is falling now because grim news from EU. Apparently The EU government want to introduce more laws to 'control' bitcoin more. As it is 'big source' of money for terrorists.
Which is totally bullshit by the way.
FTFY

Yes, they are running a business section item about it on TV (BBC), today. And these.....
 

http://www.coindesk.com/european-union-to-crack-down-on-bitcoin-after-paris-attacks/

http://motherboard.vice.com/read/europe-wants-to-crack-down-on-bitcoin-despite-little-evidence-that-isis-uses-it
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November 20, 2015, 03:15:21 PM
 #39

I'm okay if it drops, I believe that it won't take long for it to go up again

If it does go down under $300 I might buy some more bitcoins, I see it as a sale for christmas



I believe you are right.

We've seen the price can be mainted around the 300 dollar line. Give it time bitcoin will rebounce again.

Yes, I believe the bitcoin can bounce back to $300 quicker than when it was at $200
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November 20, 2015, 03:25:17 PM
 #40

We will be dropping under 300 within the next 12 hours.

Bitcoin remain safe for this day tho - saw it dropped to 310$ which is the lowest price in this week but now it is around ~323$.
Don't think the price will drop under 300$ soon and even if it will happens it will be for a short period imo.

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