Re: What might the lowest possible price of Bitcoin be?

Under $10 is pretty much guaranteed within like a year time.
And no, there will be no recovery, bitcoin is outdated and shown to be ineffective technology.

Just curious, not trying to start a war or anything, but if you think Bitcoin is a failure, why are you posting on the bitcointalk forum? If it were me, and I had decided something was useless, I would just move on and find a new interest. It's more fun to hang out with like-minded people!

The idea of bitcoin is good, the implementation is just horrible.
Take a look at NXT and see a bright future.

lol

I also laughed when I read it.

A bunch of aging devs who know a bit of Java programming out of their bedroom vs. Ripple Labs Incorporated (who focus as much on intergrating their system with other asset classes, legal obstacles, marketing, admin as they do on the tech). Here's a list of investors: https://www.ripplelabs.com/investors/