Quote from: homo homini lupus on January 20, 2015, 04:38:36 AM

Quote from: Arv1e on January 20, 2015, 04:13:33 AM

Quote from: homo homini lupus on January 20, 2015, 03:43:55 AM

first: we have to figure out the rock bottom!

So in case bitcoin bounces off somewhere between 5$ and 120$ we could look at this question again. Before finding bottom: useless idea even to think about 'what if'

Quote from: pjviitas on January 20, 2015, 03:37:30 AM

Bitcoin is a reflection of society...a walking zombie.

And society hasn't even arrived ... these are still the more intelligent zombies these days ...

This is almost impossible.

1 most coins are held for the long term
2 As the price drops then it becomes more attractive an investment
3 Far to much money will flood in to buy BTC well before hitting $100

I will caveat this with one proviso. Underlying Bitcoin technology isnt found to be totally flawed ( As it is open source and been under the microscope of pletny then this is very very unlikely)

So may I suggest you put forward reasons why it will go sub $100 without a flood of coins being bought?

Sure it has fundamental problems like the inflation and a lot other things. Look at the charts for confirmation Bitcoin fundamentals suck ass.

On the contrary programmatic exponentially reducing inflation is a feature not a fundamental problem.

That aside you are predicting vastly lower prices because 'line on a chart points down' after a high volume capitulation and an 85% decline - in fact using the chart to justify fundamentals (chortle).

Good luck Wink