Bitcoin Forum
November 23, 2017, 12:04:01 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Will we see 1 BTC < 200 USD again?
Yes - 43 (46.7%)
No - 30 (32.6%)
No Clue - 19 (20.7%)
Total Voters: 92

Pages: [1]
  Print  
Author Topic: 200 USD, the new support?  (Read 1365 times)
dnaleor
Legendary
*
Offline Offline

Activity: 1428


Want privacy? Use Monero!


View Profile
November 05, 2013, 12:24:49 AM
 #1

Easy question... Will we ever see bitcoin below 200 USD again?

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511438641
Hero Member
*
Offline Offline

Posts: 1511438641

View Profile Personal Message (Offline)

Ignore
1511438641
Reply with quote  #2

1511438641
Report to moderator
tescomatty
Full Member
***
Offline Offline

Activity: 144


View Profile
November 05, 2013, 12:29:27 AM
 #2

Easy question... Will we ever see bitcoin below 200 USD again?

Yes, there is still high possibility. Saying no is bit bullish

SheHadMANHands
Legendary
*
Offline Offline

Activity: 966


View Profile
November 05, 2013, 12:34:17 AM
 #3

Considering the most likely scenario, in most people's minds, is still going to zero.. you'd have to say "yes".

I'll take $0 four out of five days a week though, and $100k/coin the fifth day.   Cheesy
TERA
Hero Member
*****
Offline Offline

Activity: 546



View Profile
November 05, 2013, 03:26:37 AM
 #4

Eventually there will be some kind of unforseen circumstance or protocol failure, for example EC is cracked. It's not a question of if btc is going to $0, but when, how long we will be able to milk the cow/bull, to how high, if we will be able to replace btc with a new protocol , and if we will somehow be able to transfer the users' funds.

So the thread should be "will $200 be the new support during btc's lifespan"

Also, it depends on which exchange. Take the silk road incident: gox went to 110, bit stamp went to 85, and btce went to 75.
Elwar
Legendary
*
Offline Offline

Activity: 2296


www.bitpools.com


View Profile WWW
November 05, 2013, 03:53:09 AM
 #5

I can honestly say I have no idea what the hell is going on. I still have buy orders set at $86/BTC that were close to being taken up on CampBx just a month ago.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
windjc
Legendary
*
Offline Offline

Activity: 1400


View Profile
November 05, 2013, 04:26:31 AM
 #6

Eventually there will be some kind of unforseen circumstance or protocol failure, for example EC is cracked. It's not a question of if btc is going to $0, but when, how long we will be able to milk the cow/bull, to how high, if we will be able to replace btc with a new protocol , and if we will somehow be able to transfer the users' funds.

So the thread should be "will $200 be the new support during btc's lifespan"

Also, it depends on which exchange. Take the silk road incident: gox went to 110, bit stamp went to 85, and btce went to 75.

We aren't going to just wake up one day and read the news that the EC has been cracked.  First of all, we will see the technology capable of doing that years before it is available. Second, if bitcoin grows eventually there is going to be so much powerful interest involved that there is going to be plenty of protections and plenty of planning about potential changes that need to take place.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
BarkinTree
Full Member
***
Offline Offline

Activity: 204



View Profile
November 05, 2013, 05:04:14 AM
 #7

yeah its new support. never? haha. it's support and it certainly may be broken through eventually. but it's a nice place to bounce first!  Tongue
Shallow
Sr. Member
****
Offline Offline

Activity: 280


View Profile
November 05, 2013, 05:05:54 AM
 #8

Yep, correction is en route. However I don't think we will see under $100 again

xorglub
Full Member
***
Offline Offline

Activity: 203


View Profile
November 05, 2013, 06:57:14 AM
 #9

Most likely will dip one last time below 200 in the next few months if the daily chart is a fractal of the weekly one. But who knows... the same could have been speculated when we hit $20 last January.
Bitalo_Maciej
Member
**
Offline Offline

Activity: 80


Lead developer


View Profile WWW
November 05, 2013, 07:27:07 AM
 #10

When there's another crash (and there will be one), it could pierce through $200. I would say that $100 is more likely to be the support right now.

Web wallets get hacked all the time. Computer wallets get hacked all the time as well.
Solution? Hybrid P2SH wallets - safer than your online and offline wallets combined. Check it out, store and trade your Bitcoins with ease of mind!
BarkinTree
Full Member
***
Offline Offline

Activity: 204



View Profile
November 05, 2013, 07:36:24 AM
 #11

When there's another crash (and there will be one), it could pierce through $200. I would say that $100 is more likely to be the support right now.
yeah i think it's something along these lines, too. i think long term trend is ~ 80s right now and by the time we crash will be close enough to 100s that the psychological barrier will hold, see look at me crystal ballin Smiley
TERA
Hero Member
*****
Offline Offline

Activity: 546



View Profile
November 05, 2013, 07:52:06 AM
 #12

The reality of the matter is... next month bitcoin could be $1000 or it could be $1.  None of you know for sure. As investment disclosures say: past performance is not a guarantee of future performance. You all are like a bunch of gamblers that have hit black 8 times in a row and expect it to happen a 9th, and a 10th.
Feri22
Hero Member
*****
Offline Offline

Activity: 748


ラストサムラ&#


View Profile
November 05, 2013, 03:05:11 PM
 #13

The reality of the matter is... next month bitcoin could be $1000 or it could be $1.  None of you know for sure. As investment disclosures say: past performance is not a guarantee of future performance. You all are like a bunch of gamblers that have hit black 8 times in a row and expect it to happen a 9th, and a 10th.

True that

dnaleor
Legendary
*
Offline Offline

Activity: 1428


Want privacy? Use Monero!


View Profile
November 05, 2013, 03:07:32 PM
 #14

When there's another crash (and there will be one), it could pierce through $200. I would say that $100 is more likely to be the support right now.

it seems 233 USD (on gox) would be a nice support level. Why pierce through?

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
Tzupy
Legendary
*
Offline Offline

Activity: 1386



View Profile
November 05, 2013, 03:10:00 PM
 #15

It can't be 1000$ and it can't be 1$, stop posting extreme views. This is going to a new ATH and then a massive crash.
The new ATH can't be 1000$, but could be over 300$,  and the crash can't go down to 1$, but it could be below 100$.

Sometimes, if it looks too bullish, it's actually bearish
mvidetto
Sr. Member
****
Offline Offline

Activity: 392


View Profile
November 05, 2013, 03:11:40 PM
 #16

I think we will definitely see below 200 just need to wait for the bubble to pop, the initial downswing will probably be below 200.
dnaleor
Legendary
*
Offline Offline

Activity: 1428


Want privacy? Use Monero!


View Profile
November 05, 2013, 03:11:51 PM
 #17

It can't be 1000$ and it can't be 1$, stop posting extreme views. This is going to a new ATH and then a massive crash.
The new ATH can't be 1000$, but could be over 300$,  and the crash can't go down to 1$, but it could be below 100$.

hmmm, new low point will be at least 150 USD... We were in the 100-150 range for a long time, people had plenty of time to buy. So now people will start buying huge at 160 I suspect, maybe at 200 USD Wink

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
dnaleor
Legendary
*
Offline Offline

Activity: 1428


Want privacy? Use Monero!


View Profile
November 06, 2013, 01:21:01 AM
 #18

233 acted as support!

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
InwardContour
Sr. Member
****
Offline Offline

Activity: 280


View Profile
November 06, 2013, 01:39:39 AM
 #19

support was meant to be broken. it will be an epic crash that runs right through 200. may be a ways off, though. too bullish of market for this talk right now.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!