Octavius
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August 17, 2014, 06:50:46 PM |
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No, 200 it's extremely unlikely 200 will be the price of a Bitcoin ever again.
I completely agree. There is too much money on the sidelines that would hop in long before it ever gets that low. No, because it will take time, there is no massive drop in price. Some also wanted to buiy cheap ltc below $10... |
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Ayers
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Seabet.io | Crypto-Casino
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August 17, 2014, 07:10:26 PM |
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No, 200 it's extremely unlikely 200 will be the price of a Bitcoin ever again.
I completely agree. There is too much money on the sidelines that would hop in long before it ever gets that low. No, because it will take time, there is no massive drop in price. Some also wanted to buiy cheap ltc below $10... it will take so much time, that the chance are so slim that it would happen |
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inca
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Activity: 1176
Merit: 1000
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August 17, 2014, 07:22:26 PM |
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No actually it wasn't.
When the first crashed came the support at the 900+ evaporated in a matter of hours.
Indeed you might think that there is 'strong' support at some prices but there actually isn't. Once the price starts moving down, people start moving their buy orders down. I highly doubt that it will keep going down but who knows (remember $60 last year and what happened after). I've noticed some buy walls are already gone, we are going down. It's a domino effect. Winklevoss twins, Tim Draper and other big whales could panic sell. Maybe, they are already dumping... Your account was created a month ago. Reviewing your post history its pretty clear you are a troll, simply posting to encourage selling. Welcome to ignore. |
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bitmoon (OP)
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April 20, 2015, 03:33:55 PM |
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hi guys, looks like my question is becoming true, almost as low as 200 usd
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thejaytiesto
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April 20, 2015, 04:18:49 PM |
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No actually it wasn't.
When the first crashed came the support at the 900+ evaporated in a matter of hours.
Indeed you might think that there is 'strong' support at some prices but there actually isn't. Once the price starts moving down, people start moving their buy orders down. I highly doubt that it will keep going down but who knows (remember $60 last year and what happened after). I've noticed some buy walls are already gone, we are going down. It's a domino effect. Winklevoss twins, Tim Draper and other big whales could panic sell. Maybe, they are already dumping... True whales don't sell, because they see the potential. The Winklevoss are heavily investing with their Gemini project. They know this is a very long term race to win. You didn't saw Warren Buffet selling his stocks when they went down after he bought, he holded most of them for 10 years and made measly profits from them, thats how you make money. But this time is differently, Warren Buffet is too old to get BTC, but you can still learn from his advice and apply it to modern times. |
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Wolf Rainer
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Activity: 1960
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April 20, 2015, 04:24:14 PM |
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If it crash below $200, it will die. No profit for mining at that point and with the halving so close = death.
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Amph
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April 20, 2015, 04:54:18 PM |
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If it crash below $200, it will die. No profit for mining at that point and with the halving so close = death.
then it has already been killed, because it crashed below 200 about a month ago, was around 152(the lowest)  |
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Wolf Rainer
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April 20, 2015, 05:45:13 PM |
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If it crash below $200, it will die. No profit for mining at that point and with the halving so close = death.
then it has already been killed, because it crashed below 200 about a month ago, was around 152(the lowest) But that was a dump pike, not a trend... |
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farting_shot
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April 20, 2015, 06:30:31 PM |
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The trend has been very clear: slow downward march to zero.
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waterpile
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April 20, 2015, 07:26:19 PM |
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hi guys, looks like my question is becoming true, almost as low as 200 usd
More cheap coins for the whales and don't worry about the price just hold it. |
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Dump3er
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April 20, 2015, 07:55:10 PM |
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It's impossible that the value will reach $200 but just in case pm me so I'll buy them all...
So you didn't bought them all?! |
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Natalia_AnatolioPAMM
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April 20, 2015, 08:05:38 PM |
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it is not going to, its been already crashing for a long time!
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Lauda
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Terminated.
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April 20, 2015, 08:32:49 PM |
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The trend has been very clear: slow downward march to zero.
This is incorrect. If you look at the 3m chart you would see quite the instability but not a final downward trend. I'll assume you're another account made for spreading FUD among the people. then it has already been killed, because it crashed below 200 about a month ago, was around 152(the lowest)
But that was a dump pike, not a trend... I guess lessons in economics are needed. We've had this in the past and there is nothing to fear. Remember when this happened: http://www.coindesk.com/price-bitcoin-drops-400-btc-e-flash-crash/there was so much panic back then. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Get-Paid.com
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April 20, 2015, 08:41:00 PM |
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it is not going to, its been already crashing for a long time!
It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC. USD in the long run provides more security and interest % as well. True, it has been a worse investment for the past 7 years but no more. |
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1Referee
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Activity: 2170
Merit: 1427
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April 20, 2015, 09:05:32 PM |
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it is not going to, its been already crashing for a long time!
It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC. USD in the long run provides more security and interest % as well. True, it has been a worse investment for the past 7 years but no more. Bitcoin currently is a great long-term investment, people only get affected by short-term downtrend and therefore think it's a horrible invesment. Browse through the entire forum and you'll see very little fiat fans. Most people here believe in Bitcoin which will pay off big time eventually. |
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farting_shot
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April 20, 2015, 10:26:46 PM |
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In the short term, bitcoin loses value.
In the medium term, bitcoin loses value.
In the long term, bitcoin loses value.
You are all losers.
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waterpile
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April 20, 2015, 11:02:25 PM |
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it is not going to, its been already crashing for a long time!
It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC. USD in the long run provides more security and interest % as well. True, it has been a worse investment for the past 7 years but no more. Bitcoin currently is a great long-term investment, people only get affected by short-term downtrend and therefore think it's a horrible invesment. Browse through the entire forum and you'll see very little fiat fans. Most people here believe in Bitcoin which will pay off big time eventually. just ignore the troll, 3 newbies posting about crash.. seems pretty legit. |
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farting_shot
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April 20, 2015, 11:06:08 PM |
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I admit to having created this account to voice a dissenting opinion. I've been on the forum since 2012, am not a noob. Due to being disillusioned with btc, I am now warning noobs to stay away from btc, the siren call. It will ruin your life, just like it did to countless others here.
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Chef Ramsay
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April 20, 2015, 11:09:18 PM |
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Some people just don't know when they're adding nothing of value to a thread besides sharting on and on. I'm sure scientists will be interested in taking a peak inside someone's brain to see what went so wrong.
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Brewins
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Merit: 1000
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April 21, 2015, 01:07:47 AM |
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If it crash below $200, it will die. No profit for mining at that point and with the halving so close = death.
some big miners will die, but not btc itself. It would survive one way or another. Of course what would happen in the meantime until the stabilization won't be good |
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