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lexuz
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February 23, 2016, 06:03:51 PM |
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I think the price shall not fall below $300. That is the near the cost of most miners. Miners will not sell.
miner will still continue even price fall to below $300, remember when bitcoin stay at $220. miners still continue but looks they not get good profit |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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February 23, 2016, 06:07:23 PM |
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That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..
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Solving blocks can't be solved without my rigs.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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February 23, 2016, 06:11:20 PM |
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That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..
in the bitcoin world nothing is impossible. mining farms will be just fine when the prices goes to or below $300. the smaller miners will definitely feel it, but it's a risk for them that they agree with when buying mining gear. and if the price goes down significantly, the difficulty will most likely also come down a bit which will give miners some breathing space. |
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LMGTFY
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February 23, 2016, 06:17:43 PM |
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That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..
BTC/USD was under $300 for most of last year, yet miners kept mining.Kwukduck was wrong, but I'm certain it had nothing to do with guesstimates for miners' break-even point. |
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fricircled
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February 23, 2016, 07:47:25 PM |
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That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..
BTC/USD was under $300 for most of last year, yet miners kept mining.Kwukduck was wrong, but I'm certain it had nothing to do with guesstimates for miners' break-even point. During that time, the difficulty is less than 50% of present value, so they made good profit then. |
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avw1982
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February 23, 2016, 08:49:36 PM |
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falling under 300$? No, it won't happen, i mean think, it's more than 400$ now, why should it fall so low, even under 300$, it won't happen anyway
Dear pals, Please don't the messages in here. Its old speculation thread, Please don't spam it. Check the thread accordingly and reply at there. |
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techgeek
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February 23, 2016, 10:39:55 PM |
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I guess its a chance for people who are ready to sell before the halving even starts.
All these price drops will eventually hold some value in return due to lower block rewards.
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LMGTFY
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February 23, 2016, 11:06:09 PM |
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That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..
BTC/USD was under $300 for most of last year, yet miners kept mining.Kwukduck was wrong, but I'm certain it had nothing to do with guesstimates for miners' break-even point. During that time, the difficulty is less than 50% of present value, so they made good profit then. During that time it didn't sit neatly at $300 - it cycled up from and down to around $200. And yet... still those pesky miners kept mining. My point is that miners are not one homogenous lump - if price reaches $300 there won't be a shutdown of the network. Some miners will stop, difficulty may even fall, Kwukduck will tell us the sky is falling, but life will go on. |
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Pattart
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February 24, 2016, 02:36:25 AM |
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this time the price down to $ 415. may soon be down to $ 400, but I do not think much. if bitcoin will fall to $ 300
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 24, 2016, 09:44:30 AM |
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OP should really change the title of this thread, but since it is kwukduck he will definitely not change it. I think it's better to get this thread locked and unlocked when we are nearing the $300 level again. People keep commenting here like the price currently is sitting at $320.  |
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reputedchain
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February 24, 2016, 12:16:24 PM |
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OP should really change the title of this thread, but since it is kwukduck he will definitely not change it. I think it's better to get this thread locked and unlocked when we are nearing the $300 level again. People keep commenting here like the price currently is sitting at $320. Yeah, and the price is around $420 at a moment and not possible to fall that low until the halving occurs, but maybe it might go to $300 after the halving, not sure though. |
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Mastsetad
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February 24, 2016, 02:46:40 PM |
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OP should really change the title of this thread, but since it is kwukduck he will definitely not change it. I think it's better to get this thread locked and unlocked when we are nearing the $300 level again. People keep commenting here like the price currently is sitting at $320. Yes, some people will not accept the reality. They live in dreams. They think the price will do down again. |
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xslugx
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February 24, 2016, 03:43:47 PM |
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OP should really change the title of this thread, but since it is kwukduck he will definitely not change it. I think it's better to get this thread locked and unlocked when we are nearing the $300 level again. People keep commenting here like the price currently is sitting at $320. Yeah, and the price is around $420 at a moment and not possible to fall that low until the halving occurs, but maybe it might go to $300 after the halving, not sure though. Why should it be possible to go sub 300 AFTER the halving? Price is supposed to rise not to crash like this! |
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fricircled
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February 24, 2016, 08:30:41 PM |
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OP should really change the title of this thread, but since it is kwukduck he will definitely not change it. I think it's better to get this thread locked and unlocked when we are nearing the $300 level again. People keep commenting here like the price currently is sitting at $320. Yeah, and the price is around $420 at a moment and not possible to fall that low until the halving occurs, but maybe it might go to $300 after the halving, not sure though. Why should it be possible to go sub 300 AFTER the halving? Price is supposed to rise not to crash like this! After the halving, I think the bitcoin price will never go to $400, so $300 is impossible to go to. |
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Mastsetad
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February 25, 2016, 02:11:30 PM |
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this time the price down to $ 415. may soon be down to $ 400, but I do not think much. if bitcoin will fall to $ 300
Yeah that is true,, the dip haven't even push the $350 so it is really far from happening now that bitcoin would dip at $300 or lower... I think the $350 will be the long term bottom of the bitcoin price. It is close to the cost of the mining now. |
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angryrob
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February 25, 2016, 02:40:27 PM |
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this time the price down to $ 415. may soon be down to $ 400, but I do not think much. if bitcoin will fall to $ 300
Yeah that is true,, the dip haven't even push the $350 so it is really far from happening now that bitcoin would dip at $300 or lower... I think the $350 will be the long term bottom of the bitcoin price. It is close to the cost of the mining now. I don't think it will go that low at a moment, it will be around $400 and that would be bottom for next couple of months, as halving will pump up the price of bitcoins. |
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fricircled
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February 25, 2016, 06:20:24 PM |
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this time the price down to $ 415. may soon be down to $ 400, but I do not think much. if bitcoin will fall to $ 300
Yeah that is true,, the dip haven't even push the $350 so it is really far from happening now that bitcoin would dip at $300 or lower... I think the $350 will be the long term bottom of the bitcoin price. It is close to the cost of the mining now. I don't think it will go that low at a moment, it will be around $400 and that would be bottom for next couple of months, as halving will pump up the price of bitcoins. The price will stay above $400 in the foreseeable future. Even if the price drops below $400, it will be short period. |
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zend7
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February 27, 2016, 09:20:31 AM |
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this time the price down to $ 415. may soon be down to $ 400, but I do not think much. if bitcoin will fall to $ 300
Yeah that is true,, the dip haven't even push the $350 so it is really far from happening now that bitcoin would dip at $300 or lower... I think the $350 will be the long term bottom of the bitcoin price. It is close to the cost of the mining now. I don't think it will go that low at a moment, it will be around $400 and that would be bottom for next couple of months, as halving will pump up the price of bitcoins. The price will stay above $400 in the foreseeable future. Even if the price drops below $400, it will be short period. I think $350 is the short term bottom and the $400 is the medium bottom. After 6 months, we will not see $400 again. |
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Mitchow
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February 27, 2016, 12:26:48 PM |
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I don't believe that it can go to 300 again at a moment, as we are expecting the price rise and it is rising at a moment, maybe it will fall down after the couple of months of halving.
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fricircled
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February 27, 2016, 08:32:32 PM |
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I don't believe that it can go to 300 again at a moment, as we are expecting the price rise and it is rising at a moment, maybe it will fall down after the couple of months of halving.
We will never see $300 again. That price is the history now. In the next 6 months, $400 will be the bottom. |
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