It's better to hope BTC crash to $10 and then bounce back to $500 than ...

[thms]

.. than hoping it will get past 10K USD anytime soon.

And I think it's more realistic.

[Searing]

well it is obvious...that more volume to sell coin (mining farms china knc etc) to usd then there is to buy coin in usd....plus the coming on board
(good thing) of merchants also xfer directly to usd

the only good thing imho on all this is the amount of coin still being held......holding is what is keeping the price where it is at imho (like I know squat)

however

we could very well be looking at a very very long term plan on holding bitcoin at this rate and the market will determine the price for bitcoins
main use/focus/whatever....moving money about ..esp in the 3rd world

the trouble with all this if my strung together bunch of suppositions are correct

btc works just as well for the above (at this level of useage) to go down to 100 usd or below price

it will work fine at 100 usd just as well at 350 usd.......

so if btc makes it we are looking for some long long term holding action...prob 5-8 years to get back to 1200 usd range

perhaps bitcon has to fade from sight and get really really boring first...before the price goes back to ATH

but again i know zip...just saying what has me scratching my head

[Unbelive]

It's better to hope BTC crash to $10 and then bounce back to $500 than ...
.. than hoping it will get past 10K USD anytime soon.

And I think it's more realistic.

I think is more chances to get up to $10.000, then fall to $10. simply since Bitcoin is in uptrend.  But each level, up or down will achieve just fro short time and then fall/raise back.

to get to $10 one big holder should suddenly start selling without advanced announcement. But doubt that wil happen since they are to smart and know without announcement market will reply bad.

[Q7]

I already have my funds waiting for it to reach 100. The trend seen for the past few days seem to show that it is again moving downwards

[Searing]

I already have my funds waiting for it to reach 100. The trend seen for the past few days seem to show that it is again moving downwards

alas no money...no balls at this point...I got 52 coin mined from oct 2013 oct jupiter and a NO ROI Titan on order from KNC on the way....I'm in for now as much in as I can stand....

only 'angle' i have is I'm a legal miner (bank issue had to go legal with IRS to fix it took a day but still) is i can get 25% off all my equip

via depreciation. (5 years considered computer equip) ..paid no tax on mined coin last year due to equip likely not pay any taxes this year either ...so maybe having to be legit will take

some of the edge on all this (talk to your CPA etc) who'da thunk it?

anyway officially fence sitting at this point

just again seems to me way too much mining capacity and sell to $$$ ....and imho it is gonna stay this way AT BEST for the next year

anyway gonna ride this all out (esp due to no refund Titan) but me ..right now........tap'd out

[farjia]

I doubt it will go that down, Anytime it goes below $200 it will be a good time to buy.

[fewcoins]

It needs to have strong corrections to have a strong rally upward... The chart can't just go straight up! It is realistic for the price to keep bouncing around in this area for a bit but if we break 350 more people will get worried. So many people are ready and lined up to buy it all the way down so going much lower right now will be hard.

[SnokkomBTC]

It needs to have strong corrections to have a strong rally upward... The chart can't just go straight up! It is realistic for the price to keep bouncing around in this area for a bit but if we break 350 more people will get worried. So many people are ready and lined up to buy it all the way down so going much lower right now will be hard.

350 $ was broken tonight. I think, if we break the 260 $ we are going very soon to 200 or lower. Just buy and Hodl

[LightningBlade]

If it can crash to $10 then it can crash to 0 and gone..

[fewcoins]

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death 

[thms]

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death 

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

[SnokkomBTC]

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death 

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

Wishfull thinking, it will never goes to 10 $. 10$ is a marketcap of $ 13.4 million 

[fewcoins]

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death 

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

You make no sense & have no idea how markets work... Unless you bought all the bitcoins and made your ask price 500 that wouldn't happen!

[Sunderland]

  you think its easy to rebound from $ 10 to $ 500 ?
I wonder what issue / problem can make bitcoin reach $ 10 .
My personal opinion , if bitcoin reach $ 10 , it will be the end of bitcoin there is now way it can rebound back to $ 500.

[JimboToronto]

LOL thread.

[thms]

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death 

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

You make no sense & have no idea how markets work... Unless you bought all the bitcoins and made your ask price 500 that wouldn't happen!

I think there's a misunderstanding, I'm not saying that if btc crashes to $10 and I buy 1k coins, the price will automatically go up to $500 because of my actions.

I'm just saying that I would buy 1k btc @ $10 and hold, waiting for it to, after a few months, bounce back to $500

[Amph]

i don't think it's more easy to crash to 10 instead of going to 10k, 10 is too low, maybe around 50-100 would be a better trade off

[fewcoins]

If it can crash to $10 then it can crash to 0 and gone..

Crashing below 300 again will basically mean death 

that's the idea, people will think BTC is dead, then it crashes to $10, then I buy like 1K bitcoins, and it bounces back to $500

You make no sense & have no idea how markets work... Unless you bought all the bitcoins and made your ask price 500 that wouldn't happen!

I think there's a misunderstanding, I'm not saying that if btc crashes to $10 and I buy 1k coins, the price will automatically go up to $500 because of my actions.

I'm just saying that I would buy 1k btc @ $10 and hold, waiting for it to, after a few months, bounce back to $500

You make no sense, if It got anywhere near $10 it would mean bitcoin is dead....... At the current level they're wayyy too many buyers around the 300 level for it to go below that. That's why we can't even stay in the 300 range for more than a day or so, we should have a nice bounce next week! glta!!!

[faince222]

.. than hoping it will get past 10K USD anytime soon.

And I think it's more realistic.

Absolutely no, instead I think that you're a troll to say this, it isn't impossible that price will fall to 10$ and then rising to 500$, so, dream my friend.

[bitnanigans]

I doubt the price would drop below $266 to be honest, but we'll see. If it does go below that, I'll be willing to pick up a few extra at that price point.