If bitcoin goes below 10$, we are all early adopters!!

[BitCoinNutJob]

If bitcoin reaches below 10$( which may happen considering the down trend it is having!)  the joy of feeling that one is  not late to the party and can still become one among the elite early adopter club!

The joy that overcomes the pain of financial loss faced now!

How many of you feel this deep inside? How many of you explicitly desire for this?

$10 is not happening unless it dies sometime after or never sees high prices again.

[Outlander]

If people really shit back the coin to 10$ you can rest assured it will not go anywhere anymore. No matter how much they bulltroll.
Some good alts are going to raise their cap on the other hand.

agree.
Then one by one people will leave and forget bitcoin.
At this point we will see the same situation like 3 - 4 years ago when only few people know and use bitcoin.

[mayax]

there are no other big whales to put money in this bubble called Bitcoin. the most of them realized that the opportunity has gone.

Bitcoin = 1 mil users less than Zeek Rewards even Bitcoin has a lot of buzz in media because of some "trumpets" who are direct interested in this biz.

[noma]

Well Litecoin went from 55 to 1.5$ over the year, so I just find it hard to predict anything. But 10$ would be kind of too low for it to go.

[Q7]

Such sarcasm.  I'll be ready to buy 100 btc if it does reach that stage.
Seriously I wonder how low this thing will go. It's like it's sinking!

[Flashman]

Look on the bright side, it's cheaper to buy up the dumps

[BitcoiNaked]

I think some crypto 2.0 projects really deserve to be looked at, the low bitcoin price has created some great start ups based off the technology and not the price.

i bet satoshi himself has certainly looked at these new service layers and i don't think he dislikes more innovation, its just bitcoin bag holders crying about it.

[Madness]

I think we could see 40$. If you look at bubble patterns they inflate and then deflate and momentarily reach the value which was lower than pre bubble price (panic). The bubble started from 70-80$ so 10$ is possible if panic really sets in.

Why everyone is speaking about this number "40 USD" speceficly ?
I mean why not 60$ , 50$ or any other amount ... why 40$ since spectaculation are basically random

[Flashman]

133.7 dollars is the iron clad, concrete on bedrock bottom, according to my forecasting method.

[countryfree]

The true early adopters got their BTC for less than 1$.

[mindrust]

I won't buy until it reaches 1$. When it reaches 1$, i ll wait for 0.1$. Then I'll wait until its dead.

The point is: btc isn't about making a quick buck anymore. All greedy faggots moving their ass to fiat, which is a good thing.

Why would you use btc in real life?

1) You use it to buy something anonimously.
2) You do not need to have a credit card.
3) You can transfer your high amount of money through the world with  nearly "zero" fee.

You don't use it to make money. Yes earliers and luckers got a big piece from the cake, but it ended. Now back to reality. If you want money, you need to work.

[Netnox]

I won't buy until it reaches 1$. When it reaches 1$, i ll wait for 0.1$. Then I'll wait until its dead.

The point is: btc isn't about making a quick buck anymore. All greedy faggots moving their ass to fiat, which is a good thing.

Why would you use btc in real life?

1) You use it to buy something anonimously.
2) You do not need to have a credit card.
3) You can transfer your high amount of money through the world with  nearly "zero" fee.

You don't use it to make money. Yes earliers and luckers got a big piece from the cake, but it ended. Now back to reality. If you want money, you need to work.

no learn how to trade, if you had shorted you would have made a killin, out of bitcoin yes

[fenican]

Gambling applications will set a floor on how low BTC can go - it is ideal for sportsbooks and casinos.

Global sports betting is something like a 1T potential market

[ticoti]

as the word means, early its only related to time and not to price.

Even if bitcoin is 0 , it does not mean you are an early adopter

[ChuckBuck]

If Bitcoin goes down to $10, it's no better than a scamcoin Alt.

To have investors, miners, and developers give their all and get nothing but losses is pretty depressing.  Pour their work, skills, brains, money, time just for the project to go under would be devastating.

$10 or under coin simply wouldn't be worth it, especially for everyone that got involved post Gox.  Only the very early adopters  that got in when Bitcoin was sub pennies would've made out.

The rest that supported this technology/currency when it finally came in the public eye would be completely shitted on.  The ones on the fence and heard about BTC, would just shrug.  The companies that dipped their feet in like Microsoft, Dell, Overstock, etc would probably just phase the payment option out.

Pray that this doesn't happen.  We're already past the early adopter phase, well beyond it.  Right now, we're in the chasm with no clear way out, unless something substantial happens in 2015.

[Ume]

well according to someone !!

its a universal truth taht the market came back to the same position from where it started !! so brace ur self guys

according to my little brain !! the BtC price is coming down to stable USD

[Hope78]

I think that will be like a second new life, for us who didn't catch the first big wave.

[Flashman]

In some respects a dropping market is like trying to catch a falling cannon ball with sheets of tissue paper. At higher levels the number of sheets of tissue paper or units of support per thousand dollars, are wide spread. The cannonball easily falls through them. As the price lowers further, the number of units, or sheets of tissue paper per thousand increases, slowing the descent of the ball. When the ball is slowed enough, or the units of support is dense enough, the ball will stop, maybe hanging suspended at a "support level".... however, even if dropping at a relentless speed, breaking through thick multi-ply sheets stretched below it, eventually it will just come to a solid stack of tissue paper, like stack of phone books (Remember those kiddies?) some way above the floor, and bounce off it.

[UnicornFarts]

If bitcoin reaches below 10$( which may happen considering the down trend it is having!)  the joy of feeling that one is  not late to the party and can still become one among the elite early adopter club!

The joy that overcomes the pain of financial loss faced now!

How many of you feel this deep inside? How many of you explicitly desire for this?

Early adopter means you purchased early on.

Six years is either early or it isn't.  Early is time based not value based.  Many people would be "earlier adopters" than you who paid $1,000 for it.

#Seewhati'msayin'

[johnyj]

The exchange rate is purely decided by the daily coin net supply vs daily coin net purchase, if there is no net fiat money inflow, then even the daily net supply is 1 coin, it will still worth zero

So, to keep the system rolling, with a daily net supply of 7000 coins (see my signature), the daily net purchase should be millions of dollars. That is small amount of money if you consider the user number, but now QE3 has stopped and institutions are running out of fiat quickly, they won't be able to get their hands on, only bitcoiners will continuously provide this fiat money inflow: For one million users, 2 dollar per day purchase will keep the exchange rate above $285