Bitcoins going down they said

[2015Bubble]

double digits they said..

[1714653408]

1714653408

[1714653408]

1714653408

[1714653408]

1714653408

[1714653408]

1714653408

[snowdropfore]

ok , i know ,thank you . i think i should buy more bitcoins now .

[shogdite]

They just had a job to do getting people shook so they could accumulate more for now. Also you obviously had the butthurts who hoped it went to double digits but they're clearly wrong. Saying that I am thankful to them for their hard work and all the doom threads. Bitcoin has awoken and I for one am glad I held. 2016 will be the bubble that dwarfs the other before.

Who are they? Do you just want to talk down bitcoin. Without source and evidence, people will not treat that seriously.

EDIT:: To answer/quote the above. He is basically saying 'they' was wrong and he is not beating on bitcoin. Quite the opposite. They are the trolls that was making doom threads everyday.

[LMGTFY]

double digits they said..

"They" say a lot of things. "We" all know that we need to do our own due diligence before making investments, and that we have to take responsibility for our own actions.

[newcoins1978]

Everyone has their own predictions. Double digits seems unreal to me. They were obviously wrong. I don't let "them" interfere with how I'm handling my bitcoins though.
I trust my own instincts, even if it did go down to double digits, I would've held on to my bitcoins and probably bought some more.

[celebreze32]

Who are they? Do you just want to talk down bitcoin. Without source and evidence, people will not treat that seriously.

You will find plenty of evidence of double digits predictions all over the chart guys threads during last winter. Here is one prediction by a chart guy called RyNinDaCleM. They were predicting $80 coins, and sometimes $50 coins last winter, but they cheapest they went to was $150.

it's charts like this that lead me to hesitate on calling this a top though, how do you see this developing if your model was invalidated and the bull run were to continue?

https://www.tradingview.com/v/nOHd1wTW/

The analysis given is a local count. it may fit within the bigger picture in many ways including that count. Im not sure about that one though, I dont think falling wedges may occur in wave position A.

Yes, you can have a leading diagonal in wave-A however, it will be just like a wave-1 LD in that it will have 5 clear, impulsive waves. Takes form of 5-3-5-3-5 and has overlap of 4-1. It fulfills two of those requirements, but not the impulsive one. If it were a LD, the B would hit 50% of the fall from 1163-152 in very short order and the C will very likely end up in the double digits. I do not subscribe to a LD formation, personally, but that's not to say it's not a complex correction taking the basic shape of a diagonal.

I personally would think a slow and steady growth like we've had the past few weeks would be very bullish?

Is that a statement or a question?

[Amph]

they were saying that because they wanted that some fish dump his coin, and apparently they succeed in this, at least partially

i would not be surprise if a portion of those dump that happened prior the 300 mark, were because of all the troll that were advocating the death of bitcoin here...

[Struble]

If that ever happens than is time to but some bitcoins.
I don't think we will see that happen agian.

[BitsandBites]

That's why you shouldn't believe everything "they" say.
Trust your instincts and do some research yourself and you should come a long way.

[harizen]

double digits they said..

Im interested here.

Care to share some of the links who are you talking about then we will discussed some of the basis they will shown here in the community. I will wait.

[inca]

Anyone who held or accumulated heavily in the low 200's is happy right now and the price could easily double again from here.

[FabioDelcatto]

Maybe it goes down, but is not yet over in the future bitcoin will just increase.
So better have some bitcoins now before the rocket goes.

[NewInCryptoCurrency]

"They" are crazy, there are a lot of people who are butt hurt and want to see bitcoin crash. I really doubt that we'll ever see double digits again. Something has to go terribly wrong for this to happen. Hopefully it won't.

[maokoto]

With "double digits" they mean "less than 100" (sorry I am not a native English speaker).

In that case, I doubt it will happen. In fact, as things are going right now, it seems to me that it hardly will go lower than 250 at least in a long time.

[celebreze32]

double digits they said..

Im interested here.

Care to share some of the links who are you talking about then we will discussed some of the basis they will shown here in the community. I will wait.

There was a poll about it with a few sub $100 predictions. There are a few sub 100 posts copied below the link.

POLL:How likely do you think it is we see double digits in 2015?

I posted a screenshot of this chart guy's post so you can see his signature says the sentiment's still bearish now.

The fact that the majority here thinks that there is no chance for double digits to happen makes me think that double digits is going to happen. Maybe even 40-50 dollars.

chances are very small to even not possible as the halving is getting closer which at some point this year will make people hoard bitcoin to not miss the train.

Guys come on. Forget the halving myth. We know well in advance every halving in the next century!!! These things are going to be priced in long before the happening. It will not have the influence you suppose it has.

If $210 doesn't hold we will see $60-120 almost for sure. Selling pressure and mining alone will lead to a price decline even if all the holders don't fold.

The sentiment is still 50/50 - it feels too bearish and too bullish at the same time. Don't know, what I should make of this. -> Well, waiting seems the best for now. Plus having 50% in fiat and 50% in bitcoin. Buy, if we break $240 - sell if we break $210.

I believe there's 100% chance that we will see double digits within 8 months. Bitcoin prices have been steadily and consistently declining for over 16 months. And it will continue the trajectory for the next 8 months or so, without a major breakthroughs like the Winklevoss ETF. With or without the ETF, the next halving will have an effect on the price. By the end of 2016, we will see the btc price rise to $5000. However, there's still more blood ahead in the short to medium time frame.

This is a post from a chart guy thread full of sub 100 predictions.

Seems we (may) have completed 3 of 5 waves down, which for me begs the question of whether this impulse will be the entire final leg of the 2-year bear market, or just the start of it ((1) of V of (C))?
If the former, it may likely end as truncated/double bottom depending on how far the 5 extends. If the latter then capitulatory wave to lower 100's/double digits is still on the table, although (2) will probably need to retrace very heavily (ie to ~$260's) for the rest of the impulse to maintain reasonable fib proportions.



Curious to hear your guys thoughts on this, or any alternative counts.

[Denker]

double digits they said..

And what should you learn from that?
Don't believe what others are saying. Check the situation and try to make your own conclusions!
And who is "they" by the way?Any names, sources, links maybe you can show us?
However take this as a lesson!

[mtnsaa]

Not going to happen anytime soon unless something drastic happen. Right now it will fluctuate and raise in value year by year until it either disappears or become a worldwide standard for certain payments or worldwide  transactions. Perhaps it can be some sort of nexus between fiat and digital transactions if adopted by banks and credit cards.

[harizen]

Thanks for the post.

Anyways some of them I considered failed as now. An old post but even a 1% glimpse to their predictions, there is no quite stable basis they showed. Just like others, its only a speculation.

[Junko]

"They" said the internet would never replace the fax machine. "They" said a rocket would never be able to leave the Earth's atmosphere. "They" said flight by machines heavier than air is unpractical and insignificant, if not utterly impossible. "They" said the horse is here to stay but the automobile is only a novelty – a fad. "They" said this ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us. "They" said fooling around with alternating current is just a waste of time. Nobody will use it, ever.

"They" said a lot of things about new discovery, technology and innovation. But "They," it turns out, apparently know absolutely fnck all about anything.

[Newcoins2020]

"They" were obviously wrong, looking at the value of bitcoin today, it's hard to believe that bitcoin could ever go back down to double digits. I agree with most of the people here saying that something big has to happen for bitcoin to drop down that low. If it does, I wouldn't be too worried about it, Bitcoin is able to recover from that as it has in the past. If it does goes back down, which I really doubt, I would take my chance and buy as much as I can.