montgolfier (OP)
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February 05, 2015, 09:54:55 PM |
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Think about it. We're at a major tipping point in the life cycle of Bitcoin, a 'make or break' if you like. The price has been dropping for longer than it's ever dropped and is now entering into the 'despair' phase of this price bubble. It will bounce back up of course, but before it can climb confidently there has to be a steep, brief plunge downwards into the 'oh shiiiiIt' price range - the sub-100 It wont stay there for long, few will get $80/90, but only until this psychological barrier as been breached can the recovery begin Source: my stoned brain Thanks!
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Silent Sam
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Thermofinance.Com
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February 05, 2015, 10:22:38 PM |
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cute theory bro
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Dexter770221
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February 05, 2015, 10:25:15 PM |
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.... Source: my stoned brain
Good luck bro... Source: my stoned brain
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors. Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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stonerider
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February 05, 2015, 10:45:49 PM |
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Cool story, bro.
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podyx
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February 05, 2015, 10:50:01 PM |
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good lookin out dawg!
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kutaka
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February 05, 2015, 10:57:00 PM |
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He might be right. Marshall will dump hard, also, there is a lot of negative energy around bitcoin in the air. I am not planning to buy at 200$, waiting for 100-125$. Real bottom might be around summer.
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MatTheCat
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February 06, 2015, 02:36:04 AM |
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It will drop under $100.
Correct.
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Dafar
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dafar consulting
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February 06, 2015, 02:53:28 AM |
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I wouldn't be surprised... i feel like we still haven't hit "true despair"
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oblivi
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February 06, 2015, 02:59:13 AM |
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True, this whole fork thing is going to make lots of panicsellers panic hard. Good for us boat missers, cheap btc incoming!
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fonzie
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February 06, 2015, 03:00:07 AM |
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What´s more important is the question how many will actually buy coins when it drops below 100$, and how long will they hold them? Probably as many as those who bought below 300$... Which would bring us a short lived bull trap to 150$ before we go down further ...
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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noma
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February 06, 2015, 03:15:18 AM |
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Well, the drop as you say is probably never going to happen. But seems like the perfect opportunity to throw this again.
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samiya
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February 06, 2015, 03:25:32 AM |
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It will drop under $100.
Correct. i don't think something like that will be happen but god knows ..market ups and down so it's not a good news but i think if people keep patient price will up again ..so don't sell at lose at all .
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1KQtiRVB7x8h7R7aLbHTqAzN4YNv5d8GQf
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waterpile
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February 06, 2015, 10:30:28 AM |
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Even if it drops $100 people would still use it. besides cheap price means more coins.
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readysalted89
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February 06, 2015, 12:09:27 PM |
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I wouldn't be surprised... i feel like we still haven't hit "true despair"
During "true despair" there will probably only be two posts a day on this board.
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g-unit
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February 06, 2015, 12:36:07 PM |
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Cool story babe. Can you get me another beer?
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sandykho47bt
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February 06, 2015, 01:33:43 PM |
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A bubble before huge pump ? It already happen 3 times But, looks like this time it won't drop under 100
Under 100 is still a long way, maybe never happen
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fenghush
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February 06, 2015, 01:34:52 PM |
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$100 is optimistic, I have my buy orders at $6
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camolist
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February 06, 2015, 01:36:52 PM |
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$100 is optimistic, I have my buy orders at $6
if you believe that go to this bet where 1 btc pays 3.6 or go troll your predictions on some other site
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fenghush
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February 06, 2015, 01:43:42 PM |
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Is it really that hard to convey sarcasm over the internet, or people have lost all their funny? $100 is optimistic, I have my buy orders at $6
if you believe that go to this bet where 1 btc pays 3.6 or go troll your predictions on some other site
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