If it goes to $275, are you going to keep faith or just give up save the little.

[screwUdriver]

Mt Gox and China again!!, ‎I really wish Mt Gox never happened, the price would be at $2000 or higher. People just lost hope when things like Mt Gox happended .

Not much of a Gox fanboi myself, but it has driven bitcoin price since 2010.  We could be trading ~$1 without it.

Gox didn't have anything to do with where the price went in the past. If anything it has put pressure on the overall price of bitcoin as people have lost faith in it.

Gox was only a trading platform for bitcoin, if it was not there then someone else would have stepped in it's place.

[Braedo]

Most likely i will buy 
Expect something very bad happened to bitcoin, i will sell as fast as possible

But, i hope that never happen

Might aswell sell all your coins now with that mindset.

[fat buddah]

if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat

[Penis]

Bitcoin (and altcoins) currently only represent about 10 percent of my wealth so I wouldn't be too devastated if it dropped to $275. That was April 2013's ATH. No way will I be leaving. This is too important.

[fearlesscat10]

If it goes down to that, I'd buy and buy and buy. I don't think it'll ever reach $100. A lot of people, like me, would also buy a lot if it goes below $300.

[BlindMayorBitcorn]

if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat

Getting tired of sitting in inflation coin too eh?

[asdlolciterquit]

i'm not going to buy even a single satoshi until something will make me sure that the price in the future will rise.

[ChuckBuck]

I've been waiting weeks for the price to get to $275, it's taking forever!   




Only reasonable thing to do really is double up and take more position, especially if you're pot committed from 2013.

[BlindMayorBitcorn]

I've been waiting weeks for the price to get to $275, it's taking forever!   




Only reasonable thing to do really is double up and take more position, especially if you're pot committed from 2013.

Good money after bad. It's the only thing we have left

[screwUdriver]

if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat

This probably would be a pretty bad investment. As a general rule altcoins' value tends to fall faster when the price of bitcoin is falling and tends to rise at a lesser pace when the price of bitcoin is rising.

If you think the price of bitcoin is going to fall then you will end up loosing even more money by investing in altcoins

[botany]

if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat

This probably would be a pretty bad investment. As a general rule altcoins' value tends to fall faster when the price of bitcoin is falling and tends to rise at a lesser pace when the price of bitcoin is rising.

If you think the price of bitcoin is going to fall then you will end up loosing even more money by investing in altcoins

If you stay invested in crypto-currencies, Bitcoin would be a better bet.
You never know which alts would go bust.

[Aemon]

I think Bitcoin will remain the best crypto without a question.  It really is just how low will it go though.  I predict it will be below $200 dollars in the next 3 months.  Hopefully it can bounce back up after that though.

[Kipsy89]

I am never going to lose my faith in Bitcoin! It's such an awesome invention and I am certain of its long-term success! $275 will be hard, but I will ride it even lower if I need to! Getting off the train at that point looks like a big mistake in my eyes! THen again, I could be wrong ;(

[gjgjg]

So, who kept buying? Anyone miss their 275 auto buy orders?


Edit: oops nevermind, 275 broken

[Wandererfromthenorth]

I am never going to lose my faith in Bitcoin! It's such an awesome invention and I am certain of its long-term success! $275 will be hard, but I will ride it even lower if I need to! Getting off the train at that point looks like a big mistake in my eyes! THen again, I could be wrong ;(

The trend is your friend, and for now the trend is down...

[Wandererfromthenorth]

Double bottom broke on Bitstamp too, new post-bubble low.

[Aemon]

If it goes to 275, I will continue to not buy.  As much as I would like to, I just can't afford to take a hit in fiat at the moment.  It would hurt me as I am switching jobs and won't have a pay check for a month.  I hope I am dead wrong but I just don't see us getting out of this one.

[Flashman]

Well it's always wise never to put money in that you need in the short term, never know where it's going to be. Money you don't need over the mid term, then it's a good time to buy.

[Aemon]

Now that it is below 275, how many people are following up with actually buying that said they would?  It looks like Bitcoin just keeps going lower and lower and faster and faster.  Is the end near and are we going to get out of this?

[ChuckBuck]

I think this thread title price value might have to be lowered a bit with the Stamp news.

Just an unreal start to 2015...in a very bad way.