Can we see $50 ?

[hisuka]

I would take out loans to the max if bitcoin dropped that low because I know it wouldn't last long. I think there are enough people similar to me that it will never actually get there.

If this would happen for sure many people will grab this opportunity. Ill buy as much as I can and save bitcoin for sure it will increase and people will really earn profit.

[senseless]

We have seen it before so why not.
btc has no bottom when it comes to a debate

Sell me all your coins OTC for $50 and then we will see $50.

[hahay]

We have seen it before so why not.
btc has no bottom when it comes to a debate

Bitcoin does not have a strong legal umbrella to keep prices high, but bitcoin always has a reason for its decline and increase in price. But to see the price at $50 I think it will not happen again, because there are already some countries that adopt bitcoin.

[unknown04]

haha, ure one of those people who doesnt has any bitcoins and wish the price would go down like hell..... well, good luck...

[ImHash]

One idiot jerk spouts nonsense and an army of sig posters follow no one here is telling him you fu*king moron ape if bitcoin goes down so low then it means no more use for decentralized cryptocurrencies, because bitcoin being the king if dies nothing would be left of the whole country.
Lets all forget about BTC, assume it's dead and gone for good, what is the next best thing to use if we couldn't use banking system globally and freely? lets assume LTC is the next, but why would bitcoin stops being what it is now and allows another coin to take it's place?
Is there any exact copy of bitcoin out there like same total supply and same algo, literally same everything? if there is then name it and go check it out if it's a popular one like BTC.

Even $700 is a price which already a few investors willing to buy more than 10M BTC at that price.

[chip1994]

$50 you can see if you live in 2010 or 2009 . LOL in history when Mt. Gox scam user in their exchange website and rob a huge number Bitcoin but the price of Bitcoin still can't falldown to under $100, this is reason $50 can't see in present. Unless in next time have a rules from government banned use Bitcoin maybe can do that

[TropicalDog]

After 1 week, bitcoin price does not down to 50$, it even raises up more than 20%. Fortunately OP was wrong

[PokerFace3]

I doubt bitcoin will ever break $1800 here after. Similarly by 2015 January due to mtgox problem prices had fallen drastically but it sustained around $180 levels and recovered up to $220 within one or two days.

I do see people are buying when they get prices around $2000 also, when this keeps on happening I believe the investors will never allow prices to fall steep. We are going to break $5000 levels in coming months then speculating about mere $50 is not at all making any sense.

[arbitrage]

I'm not sure why we have such drama it is just a fork. Whales will try to bring price down just like recently, but around 1800$ we have very strong support. I'm not expecting 50$ in no case, this would be dream for many and life time opportunity but won't happen! We cannot compare this situation with situation few years before. Now whole planet knows what is Bitcoin!

[albertvert]

After 1 week, bitcoin price does not down to 50$, it even raises up more than 20%. Fortunately OP was wrong

Today price of bitcoin is greater then 2750$. It may crossed 3000$.You want to see this means wait till August 1.Then the price will be 3000+$.If you want to inverse means inverse now. You will get a fine results.

[fast2fix]

bitcoin $50, no way. this can happen only when a exchange fails and causes a flash crash. price won't even go below $1500.

[jpoker272727]

*

[mharz]

bitcoin $50, no way. this can happen only when a exchange fails and causes a flash crash. price won't even go below $1500.

Yeah, no way anyone want to increase the bitcoin price. Also if the price of bitcoin fails I think it was around $1000 - $2000 dollars but not bringing unto $50 dollars.

[arbitrage]

It's amazing how BTC can recover from 1.8k to almost 3k is such short period of time. This only can show us which trend we will follow in the next few months maybe years. Now we only can be sorry why didn't we bought at 300$ when we had a chance, few years back.

[Cryptiko]

It doesn't seem likely, but anything is possible!  I think $5000 is probably more likely myself.

[Ucy]

I don't think so unless someone manages to create a really good Bitcoin killer. Or in a rare event that Bitcoin get hacked and destroyed.

[JimboToronto]

I think the OP forgot to add three zeroes.

It's far more likely to go to $50k than to $50.

[BitcoinGirl.Club]

I think the OP forgot to add three zeroes.

It's far more likely to go to $50k than to $50.

$50k sounds better than the unrealistic $50 the OP is optimistic to see, with or without the split, bitcoin won't be seeing these ridiculous low prices because demand is there which has kept the value at bay and after 1st August we should be on our way to breaking records and making more millionaires thanks to the rally that awaits us.

[Junko]

Yes, we can see see $50 again in the future. It will be easy. Here is how:

When bitcoin price reaches $5000 - $5099 or $50000 - $50999, etc, just take your finger(s) or a piece of paper and cover up all the numbers to the right of $50 and like magic, you will see $50.

Seriously though, sure we can see $50. If some catastrophic event happens to bitcoin or some yet undiscovered flaw crops up or something better than bitcoin in all ways comes along, then enough people my well move away from bitcoin and the price/demand plummets.

I can also get hit by a bus tomorrow while crossing the street and be fncked as well.

[tobs]

I think we have come to the point when just like gold the price just won't be lower anymore. There is definite amount of bitcoins, but it's beginning to be used more widely. There are more shops and companies that accept it, there are more "normal" people using it, I mean people not connected to bitcoin in any business or speculative exchanging way nor only criminals in the dark web. It slowly goes into the mainstream. Back in the day when media talked about it it was associated with illegal stuff on dark web, now they talk about it in a matter of business value, it's price and how the technology is revolutionary. No crash or any scandal of some sort won't lower bitcoin to $50, because it's simply valued more.