Orielres
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Activity: 61
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February 09, 2016, 01:16:59 PM |
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My guess would be 320-350 as the lowest point...
The cost of mining of the big miners is around $300 at the moment if you include the less efficient miners. So $320 could be the bottom. |
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wildan88
Legendary
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Activity: 1862
Merit: 1046
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February 09, 2016, 01:29:48 PM |
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My guess would be 320-350 as the lowest point...
I do not think it will go down as far away as $320 but I hope that if the lowest bitcoin price only survive at $350 |
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bitcoin-hunter
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February 09, 2016, 02:17:35 PM |
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I do not think it's fall now. The price is in fact now very low.
But if you look, it seems like it gradually goes up. So I think it's going to be worth more later.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 11, 2016, 09:10:45 AM |
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it breached the $400 dollar mark to go down below, but I think the $350 would be very tough to pass thru, so I guess price would only be at $350 and go up again.. That would be the lowest that I could think...  I can't think of a reason of why the price will come back down to around $350 as the price is holding strong at current level. I find it more likely to see the price go back to $390-$399 than down to $350. Right now the support at $350 looks fair, but it can change as soon as the price comes down a lot. Bots and traders will pull back their buy orders. |
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pleaseexplainagain
Member
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Activity: 115
Merit: 10
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February 11, 2016, 09:20:24 AM |
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My guess would be 320-350 as the lowest point...
The cost of mining of the big miners is around $300 at the moment if you include the less efficient miners. So $320 could be the bottom. I very much doubt its $300. have seen on this forum a recent guess of $200+/-$50 and i still think this may be high. nobody knows what deals the chinese govt is giving directly or indirectly to miners so their effective costs could be very small ie less than say $100. The halving may clarify things a bit. If the reward is 50% of what it was and the mining effort stays the same then maybe their costs are less than say $180? time will tell |
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CryptoBjorn
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February 11, 2016, 05:26:33 PM |
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It's not much down I think. What the price is in fact now very low.
And I think it right namely to rise rather than fall. But it is difficult to predict.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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February 11, 2016, 06:16:20 PM |
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It's not much down I think. What the price is in fact now very low.
And I think it right namely to rise rather than fall. But it is difficult to predict.
No matter how low you consider the price to be, it can always go lower. I am still expecting a drop to $350-$360 in the comming days as I find the current market to be quite empty. |
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romero121
Legendary
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Activity: 3024
Merit: 1214
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February 12, 2016, 06:58:32 AM |
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it breached the $400 dollar mark to go down below, but I think the $350 would be very tough to pass thru, so I guess price would only be at $350 and go up again.. That would be the lowest that I could think... I can't think of a reason of why the price will come back down to around $350 as the price is holding strong at current level. I find it more likely to see the price go back to $390-$399 than down to $350. Right now the support at $350 looks fair, but it can change as soon as the price comes down a lot. Bots and traders will pull back their buy orders. Yes over a long time the price is stable, So don't think that it will even go down of this. Price increase can be seen from the current value. If there is a sudden increase trade will get increased which will release accumulated coins. |
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Oscoda
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February 12, 2016, 10:06:29 AM |
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My guess would be 320-350 as the lowest point...
The cost of mining of the big miners is around $300 at the moment if you include the less efficient miners. So $320 could be the bottom. It is not so low I guess. The price is in fact now very low and I do not think it could be even lower. For it is becoming increasingly popular and I think it is becoming more valuable. |
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LMGTFY
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February 12, 2016, 11:16:52 AM |
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It is not so low I guess. The price is in fact now very low and I do not think it could be even lower.
For it is becoming increasingly popular and I think it is becoming more valuable.
This ... seems ... to ... be ... a recurring ... theme.I'm not seeing this "fact". The price is higher than it was throughout most of 2015, higher than it's been on average since 2009. What am I missing? |
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Jaxelrell
Member
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Activity: 85
Merit: 10
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February 12, 2016, 12:08:32 PM |
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My guess would be 320-350 as the lowest point...
The cost of mining of the big miners is around $300 at the moment if you include the less efficient miners. So $320 could be the bottom. I dont think it will get down now. Because the price is now very low. And I think maybe it will rise up later. But you never know what can happen in the future. |
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buyinbtc
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Activity: 1008
Merit: 1010
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February 12, 2016, 05:31:26 PM |
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It wont go down below 390$ im pretty sure, in fact - it will grow even more so lowest price of them will rise too each year
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redsun114
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February 12, 2016, 06:16:53 PM |
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It wont go down below 390$ im pretty sure, in fact - it will grow even more so lowest price of them will rise too each year
I too don't think it will go down lower than 360$. Because bitcoin price may go up now inwards. Yes, bitcoin is seen as alternative investment and this way it is becoming more popular day by day in this world.. |
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Bit_Happy
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A Great Time to Start Something!
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February 12, 2016, 11:40:35 PM |
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How much will it go down?
Bitcoin used to be harder to predict.
Anything below $34.97 is now highly unlikely at any time.
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2legit2
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February 18, 2016, 06:15:59 PM |
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if it will drop, then it will go to 350$, if it will be horrible drop then 300$, but no more, it will rise after fall anyway
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rekinthis
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February 26, 2016, 06:29:26 PM |
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it should drop by 40$, to 380$ or so, typical pump and dump you know, will go higher later, even more than 420$, so it won't stay low for long time, will rise soon anyway
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Bitcoinbro
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February 26, 2016, 09:06:23 PM |
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It wont go down and that is not good. I hope later that it will be more worth so we can sell it with profit.
But you never know what can happen and I hope that more people will also use Bitcoin. But if you see now, you can see that the value is rising slowly.
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n0ne
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February 27, 2016, 01:04:19 AM |
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To the maximum it can go till the bottom value of $350, not less, because the price of bitcoin started from the value around 350$ - 375$.
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Tafbiat
Newbie
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Activity: 39
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March 03, 2016, 10:45:14 AM |
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To the maximum it can go till the bottom value of $350, not less, because the price of bitcoin started from the value around 350$ - 375$.
I think the bottom will be around $350. The $300 or below is the price we will never see again in the long term. |
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HarryKPeters
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March 03, 2016, 04:02:05 PM |
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it breached the $400 dollar mark to go down below, but I think the $350 would be very tough to pass thru, so I guess price would only be at $350 and go up again.. That would be the lowest that I could think... I can't think of a reason of why the price will come back down to around $350 as the price is holding strong at current level. I find it more likely to see the price go back to $390-$399 than down to $350. Right now the support at $350 looks fair, but it can change as soon as the price comes down a lot. Bots and traders will pull back their buy orders. Yes over a long time the price is stable, So don't think that it will even go down of this. Price increase can be seen from the current value. If there is a sudden increase trade will get increased which will release accumulated coins. It wont be that much down. You can see now that the value is slowly rising and that is very good for those who made already an investment. I hope that more people will get some profit later in the future. But it is hard to predict a currency. |
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