We are headed to $50

[smith coins]

Buy bitcoins now when you can buy them for less than $300 a coin.

[1715020458]

1715020458

[1715020458]

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[camolist]

don't know if bitfinex holds enough USD in their swap market for the market buy i would be placing if we got down to $50 

[coinmaster222]

well the quicker the better till i buy a few hundred

[prodigy8]

for every panic seller there is a buyer who gets cheap coins

[pooya87]

for every panic seller there is a buyer who gets cheap coins

exactly, every time price falls down drastically because people are panicking and start selling their stash, there are fat pocket buyers stationed on low price positions to take their btc out of their hands.

[manselr]

for every panic seller there is a buyer who gets cheap coins

exactly, every time price falls down drastically because people are panicking and start selling their stash, there are fat pocket buyers stationed on low price positions to take their btc out of their hands.

Whales have been buying in small quantities for 4 months.. look at the facts.. all of this while poor fellas like OP buy on the catastrophic scenarios so they sell their cheap coins.

[ThatDGuy]

for every panic seller there is a buyer who gets cheap coins

exactly, every time price falls down drastically because people are panicking and start selling their stash, there are fat pocket buyers stationed on low price positions to take their btc out of their hands.

Whales have been buying in small quantities for 4 months.. look at the facts.. all of this while poor fellas like OP buy on the catastrophic scenarios so they sell their cheap coins.

They'll probably end up re-buying in the crazy FOMO of another bubble too, driven by the same market forces that had been over-correcting BTC down from $1100.

[3x2]

I do not see it falling to $50 during our life time.

You never know, anything possible with BTC 

[tspacepilot]

Indeed, anything *is* possible however it's looking like things are not headed to $50 imo.  Finally prices have basically stabilized and I think that BTC at anything less than 250$ would be considered a real steal at this moment.

[Chalkbot]

We're taking the scenic route.

[galdur]

The train was probably delayed. In the meantime not much to do but wait for pointless and clueless thread #500 about the same.

[chaoman]

for every panic seller there is a buyer who gets cheap coins

exactly, every time price falls down drastically because people are panicking and start selling their stash, there are fat pocket buyers stationed on low price positions to take their btc out of their hands.

Whales have been buying in small quantities for 4 months.. look at the facts.. all of this while poor fellas like OP buy on the catastrophic scenarios so they sell their cheap coins.

They'll probably end up re-buying in the crazy FOMO of another bubble too, driven by the same market forces that had been over-correcting BTC down from $1100.

BTC should have never gotten to 1100. Look up your facts, it was ARTIFICIAL.

[tspacepilot]

for every panic seller there is a buyer who gets cheap coins

exactly, every time price falls down drastically because people are panicking and start selling their stash, there are fat pocket buyers stationed on low price positions to take their btc out of their hands.

Whales have been buying in small quantities for 4 months.. look at the facts.. all of this while poor fellas like OP buy on the catastrophic scenarios so they sell their cheap coins.

They'll probably end up re-buying in the crazy FOMO of another bubble too, driven by the same market forces that had been over-correcting BTC down from $1100.

BTC should have never gotten to 1100. Look up your facts, it was ARTIFICIAL.

Define "artificial".  It certainly wasn't artificial for the people who bought and sold btc at that price.  Perhaps you mean "temporary".  In that case, I wholeheartedly agree.

[ThatDGuy]

for every panic seller there is a buyer who gets cheap coins

exactly, every time price falls down drastically because people are panicking and start selling their stash, there are fat pocket buyers stationed on low price positions to take their btc out of their hands.

Whales have been buying in small quantities for 4 months.. look at the facts.. all of this while poor fellas like OP buy on the catastrophic scenarios so they sell their cheap coins.

They'll probably end up re-buying in the crazy FOMO of another bubble too, driven by the same market forces that had been over-correcting BTC down from $1100.

BTC should have never gotten to 1100. Look up your facts, it was ARTIFICIAL.

Oh, you registered in November 2014? That's cute. Please tell me more about what happened in that bubble and the other bubbles where panic buying took place prior to that one

[Brewins]

I've been missing the doom and gloom of single/double digits doom prophecy since the last recover.


Thanks you

[prodigy8]

Bitcoin already has so much capital behind it that it won't be allowed to die

[Amph]

i think he intended 500, no way we are aiming at 50 right now, plenty of resistance before that

[coinmaster222]

yes 500 more like it I would buy 100s at 50 lol

[randy8777]

$50 bitcoin is too good to be treu. also quite impossible at this point as the buy support probably won't let it go below $100
i think this year will be a slow year without much crazy stuff going on. a slow rise to $500 is a more likely option.

[uki]

he meant $50, but that is fantasy writing, same as writing that Bitcoin will reach $1000 in 2015, or $1Million by 2020. No fundamentals to support that. Pure and cheap speculation.