Time is Running Out for Mark Williams Prediction of a $10 Bitcoin

[NotAtOld]

You know...it's a bit silly to gloat about something like this a month before the deadline...and even so, the 'deadline' is just some arbitrary number. Bitcoin is not invincible, we honestly have no idea whatsoever what can happen. If some critical flaw was exposed in Bitcoin the value could quite feasibly completely plummit to 0.

[Canis Lupus]

wow that will never happen IMO

[MICRO]

You know...it's a bit silly to gloat about something like this a month before the deadline...and even so, the 'deadline' is just some arbitrary number. Bitcoin is not invincible, we honestly have no idea whatsoever what can happen. If some critical flaw was exposed in Bitcoin the value could quite feasibly completely plummit to 0.

There are quite a few scenarious in whitch bitcoin can go to 0 . But when more and more people are using it than its less chance for that to happen.

[NotAtOld]

Gloating isn't clever, this is the 2nd article about this. Firstly these are premature, and secondly it's immature.

[CryptoKilla]

The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

[MICRO]

The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Will be rly hard for something better to replace it.
To mucj money and time invested in bitcoin infrastructure.

[Nobitcoin]

Cmon $10 per bitcoin then I would have only lost $30 only gambling  here's hoping... Well dreaming!

[bitshul]

Only if some previously unknown bug is found, which makes double spending and counterfeit possible, the BTC can go below $10 mark. And I don't think that such chances exceed more than 0.00000001% in probability for a 100-year return-period. 

The probablility of a fatal bug in Bitcoin is small, but still much better than this. Your estimate is low to the point of being deluded.

[Bubbles06]

The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Even then people seem to have very little interest in new cryptocoin technology. It seems like even if a new coin were to come out with an entirely new code base and features that were objectively better than bitcoin, people still wouldn't care enough to switch. Or at best do some minor speculation.

I think at this point the only way a new crypto could have a shot at bitcoin is if it were backed by a group willing to spend millions on promoting it to the masses.

[MICRO]

The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Even then people seem to have very little interest in new cryptocoin technology. It seems like even if a new coin were to come out with an entirely new code base and features that were objectively better than bitcoin, people still wouldn't care enough to switch. Or at best do some minor speculation.

I think at this point the only way a new crypto could have a shot at bitcoin is if it were backed by a group willing to spend millions on promoting it to the masses.

Thats is my thoughts also . So much money is spent on bitcoin . There might already be some better coins but they will have much harder time to beat bitcoin in mass adoption. Even bitcoin is having hardtime , any other coin will have 10x as that.
I dont see any coin taking over in near future .

[Guido]

http://www.professorbitcorn.com/

 

[bananaeater]

I could not care less, wasnt even worried. These kinds of predictions never become reality.

[jonald_fyookball]

I could not care less, wasnt even worried. These kinds of predictions never become reality.

+1 for properly saying "could not care less" instead of saying "i could care less" like so many idiots do.

[adsactly]

Bitcoin Dropping to 10$ would virtually never happen the USD which is the World Reserve Currency
will go Below the 0.03 its worth this year mark my words!

BITCOIN is the NEW way to Buy Sell and Trade without Fiat Currency and Third Party Banksters!

[Ron~Popeil]

The funny thing is that he might actually end up being right if we don't purge Ghash.IO of most of its hashing power.

Why would we as a community purge anyone of anything? Advocating punishing someone for economic activity is contrary to what we are trying to accomplish here.

Well , they are centralizing Bitcoin. So that is why they are receiving flak from the Bitcoin community.

They may increase activity , but they are not proving the integrity of Bitcoin.

No they aren't centralizing bit coin.

It isn't their job to prove the integrity of anything. Their job is to acquire wealth. They are quite good at it and that is good for bit coin. 

[validium]

This guy was just looking for some fame 

[wachtwoord]

Make me think of Muse: https://www.youtube.com/watch?v=ZrujXrB1_aE

[ujka]

The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Does selling 180k SR sized bitcoins by US Marshals count as such a devastating event?

[MICRO]

The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Does selling 180k SR sized bitcoins by US Marshals count as such a devastating event?

Probably not . It wont go even near 10$ .

[cccarnation]

even if his prediction comes true, its still bitcoin. As long as its worth even 1 dollar, its still usable.. its still bitcoin