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theonewhowaskazu (OP)
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October 23, 2013, 08:17:15 PM |
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You think we'll ever see $150/coin again?
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Scott J
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October 23, 2013, 08:17:35 PM |
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Nope.
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adamstgBit
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October 23, 2013, 08:19:06 PM |
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i'd say like 65% chance, and dropping fast...
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Tzupy
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October 23, 2013, 08:19:31 PM |
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What goes up shall come down. How low will it go, it depends on how many coins we'll see dumped all at once.
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Sometimes, if it looks too bullish, it's actually bearish
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theonewhowaskazu (OP)
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October 23, 2013, 08:20:29 PM |
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In that case I'm screwed.
It seems rather unlikely we'll never see it again, because BTC seems to retrace fairly often, but maybe the bubble counted as its retracement.
In general BTC has trended through every given price at least twice in the upward direction.
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Birdy
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October 23, 2013, 08:24:04 PM |
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Possible, but I wouldn't bet on it.
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wobber
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October 23, 2013, 08:25:56 PM |
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Possible, but I wouldn't bet on it.
We're in a bubble. When it pops, it gets us to 150. |
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geofflosophy
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October 23, 2013, 08:26:22 PM |
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I think so, and I'm betting on it by holding some fiat on the sideline waiting, ready to pounce.
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MAbtc
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October 23, 2013, 08:31:44 PM |
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Well, what do I know? Having said that, I think there is a good chance, > 50% definitely. Though, that could change relatively quickly based on what happens over the next few days.
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Ardenyham
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October 23, 2013, 08:32:10 PM |
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Possible, but I wouldn't bet on it.
We're in a bubble. When it pops, it gets us to 150. Not necessary, depends when the bubble pops. With every day, falling under 150 is bit less likely |
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Zangelbert Bingledack
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October 23, 2013, 08:33:14 PM |
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It might go to $150 briefly. So what? It's going much higher. Besides $150 was a great price a few short weeks ago. Have some perspective. Pull up a 4-year log chart and a glass of your favorite libation, and chill out. These price moves are peasly compared to what's coming.
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theonewhowaskazu (OP)
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October 23, 2013, 08:34:05 PM |
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It might go to $150 briefly. So what?
So I want to buy then. I have a ton of fiat heading to Bitstamp to get ready for that day. |
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Zangelbert Bingledack
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October 23, 2013, 08:36:49 PM |
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I hope your fiat gets there in time. I'm guessing 70% chance we never see $150 ever again. You might have to buy in twice as high. Matters not, either way your ticket to this ride is secured.
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Luzio
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October 23, 2013, 08:48:02 PM |
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It is Bitcoin, it goes up and it goes down. Most people are in it for the speculation, so there will be a point they will start to sell. It was the same in june, when the majority was saying we would never see double digits again. It's only 20k coins to 150, so not a lot of bid support as well.
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maursader
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October 23, 2013, 08:50:12 PM |
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I won't be surprised when it plummets below $150 like it did during the first bubble in April of this year. It's done it before, it can do it again.
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Xer0
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October 23, 2013, 10:39:57 PM |
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I won't be surprised when it plummets below $150 like it did during the first bubble in April of this year. It's done it before, it can do it again.
but the April rise was damn fast. this one is creepy slow i remember beeing on a fair, looking at my phone seeing "oh, it broke 200. meh why i did not invest..." and only some hours later, after lots of free food and drinks, looked again and saw "wtf? it crashed??" |
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Johnny Bitcoinseed
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Johnny Bitcoinseed
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October 23, 2013, 10:50:25 PM |
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Perhaps it will hit 150 again. But the longer term prospects are it will eventually go higher.
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MoreFun
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October 23, 2013, 10:53:13 PM |
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If we won't go $400+ we will IMO revisit $150 on Gox.
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huadylmate
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October 23, 2013, 11:15:16 PM |
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It might go to $150 briefly. So what?
So I want to buy then. I have a ton of fiat heading to Bitstamp to get ready for that day. Where your fiat was one week ago? $150 might never come again. So close! |
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theonewhowaskazu (OP)
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October 23, 2013, 11:25:49 PM |
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It might go to $150 briefly. So what?
So I want to buy then. I have a ton of fiat heading to Bitstamp to get ready for that day. Where your fiat was one week ago? $150 might never come again. So close! My fiat, was, precisely one week ago, in my bank account, waiting to be debited by COINBASE UNTIL THEY CANCELED MY ORDER DUE TO "HIGH RISK"! >.> <,< |
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