Are we going to see bitcoin below 100 soon?

[arvindr]

Are we going to see bitcoin below 100 soon?

We might, we might not. But the whole ecosystem around it is definitely growing.

[Bobsurplus]

Hell yeah... Its coming real soon...I sold all mine.. waiting to rebuy at $85

[tubesteak]

Enjoy the low rate, buy what you can lose / are willing to gamble, there are plenty of companies that have millions backing them based on Bitcoin and have an interest in it succeeding. This is just a dump of Bitcoin and panic of people who do not understand stock market trading etc.

Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.

Wise words +1

[Kimowa]

Enjoy the low rate, buy what you can lose / are willing to gamble, there are plenty of companies that have millions backing them based on Bitcoin and have an interest in it succeeding. This is just a dump of Bitcoin and panic of people who do not understand stock market trading etc.

Things will turn around, just buy in amounts that are good for you, spread out throughout the day / days. People always say how sorry they are that they didn't buy Bitcoin when they first heard of it, now is you chance to get cheap Bitcoin, take it. Don't come up with a "I wish I had" when the rate stabilizes.

Everyone remember that Microsoft is now accepting BTC?

[davidpbrown]

Hell yeah... Its coming real soon...I sold all mine.. waiting to rebuy at $85

You must be young, expecting to react fast enough to catch it before it's out of reach again. If there is a rebound, it's likely to be strong.

[cflocation]

I don't think bitcoin will drop under 100, the bottom was 160 and that's it.

I think it will be below 160 by tomorrow. Can't wait to buy them up!

[MakingMoneyHoney]

Could it be "satoshit" dumping the living shit out of his massive premine. I'm wondering what would happen if btc just crumbles to the ground. Will that be the end of all crypto's?

Why on earth would Satoshi be dumping at 150-200 USD range when he could have at that $1,000+ range?

[tubesteak]

Could it be "satoshit" dumping the living shit out of his massive premine. I'm wondering what would happen if btc just crumbles to the ground. Will that be the end of all crypto's?

Why on earth would Satoshi be dumping at 150-200 USD range when he could have at that $1,000+ range?

I said "could it be". I did not say it was in fact.

[Bobsurplus]

Hell yeah... Its coming real soon...I sold all mine.. waiting to rebuy at $85

You must be young, expecting to react fast enough to catch it before it's out of reach again. If there is a rebound, it's likely to be strong.

I am young but I've got my orders set to catch the falling knife and I've made enough off btc to not care if i miss some bits here and there..

[promojo]

If we see bitcoin hit below 100, it is going to trigger quite the reaction. If you plan on selling though, please message me so I can purchase each and every bit of your coin.

Me too.

[truthstalker]

I really do hope we see that price but i would recommend you buy now as we dont really know how long this is going to last.

[Einewton]

 105

[Yeeeeah]

I don't think bitcoin will drop under 100, the bottom was 160 and that's it.

Thanks for your thorough analysis.

Hey! That's Nostradamus with Tourette's and am sure in his head there are reasons for his protestations. That or circular logic is supposed to meaning something. We'll just to wait until he updates his Twitter with what he had for lunch though.

[mayax]

  http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/14/bitcoin-is-revealed-a-ponzi-scheme-for-redistributing-wealth-from-one-libertarian-to-another/


this will bring Bitcoin lower than now

[Dilla]

  http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/14/bitcoin-is-revealed-a-ponzi-scheme-for-redistributing-wealth-from-one-libertarian-to-another/


this will bring Bitcoin lower than now

Wouldn't the drop in price be exactly what the article is warning against?

[twister]

I don't think it will fall below 100, it's at 180-190 right now and it might go below 150 but it will bounce back up.

[poncho32]

I don't think it will fall below 100, it's at 180-190 right now and it might go below 150 but it will bounce back up.

Neither do I because China has been awake for hours and has not heavily dumped. Today there has been mostly panic buying.

[bassclef]

A huge amount of coins changed hands from bearish traders to bullish traders during the big crash. Like, record volume. Furthermore, there is not a whole lot of selling happening on 'Finex, at least not enough to push the price down. It's a marked difference from their push to $172 earlier, most of which got handily absorbed. Seems the only bears left are the ones that didn't get the memo.

So no, I don't believe we will see sub $100 coins. It's a nice thought though.

[mlferro]

Are we going to see bitcoin below 100 soon?

I believe not. Even because the price is already rising. I do not know if reached $ 200, but $ 198 I witnessed

[poncho32]

Are we going to see bitcoin below 100 soon?

I believe not. Even because the price is already rising. I do not know if reached $ 200, but $ 198 I witnessed

It reached 205.6 about four hours ago and it's getting close to heading back above 200 again.