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Author Topic: What is your personal "oh shit" price?  (Read 3651 times)
Ibian
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February 09, 2014, 07:19:47 PM
 #61

I hate this middle ground. Anything $100 - $600 is unpleasant. But I would LOVE < $100, since it means I can buy a ton more.
It would also mean something has gone horribly wrong. Something game ending. Don't wish for it.

There is no bubble.
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nwbitcoin
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February 09, 2014, 07:38:21 PM
 #62

If the price went to $100, why would you buy?

While prices are set by traders, it does need a reason and if the price drops that far, then Bitcoin must be on deaths door!

The reality for me is once my coins drop to a value equal to what I spent on them in fiat, I will worry - although the reality is, I have already taken that money out and spent it on stuff!

If bitcoin dropped to $0, I wouldn't have actually lost money - but I doubt that will happen in 2014! ;-)


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February 09, 2014, 07:41:24 PM
 #63

Staying under $250 for longer than a quick dip would raise my eyebrows...
If and how I would react to such a eyebrow situation depends on my interpretation of the fundamentals.
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February 09, 2014, 07:45:59 PM
 #64



If bitcoin dropped to $0, I wouldn't have actually lost money - but I doubt that will happen in 2014! ;-)



All depends on how you see it. When you have for example 1 bitcoin you actually have around $600 dollar now, so if it drops to $ 0 you do lose money you have now.
maybe you dont lose your invested money, but you still have less then you have now.
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February 09, 2014, 07:50:25 PM
 #65

450 euros per coin would make me raise my eyebrows. The shit one would be below 300.
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February 09, 2014, 09:32:46 PM
 #66

I hate this middle ground. Anything $100 - $600 is unpleasant. But I would LOVE < $100, since it means I can buy a ton more.
It would also mean something has gone horribly wrong. Something game ending. Don't wish for it.

well, yeah... But if it went that far down solely due to some negative media attention or something. I doubt that would happen though.

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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