Quote from: darkangel11 on March 25, 2015, 05:33:55 AM

Quote from: sgk on March 25, 2015, 05:30:01 AM

Quote from: darkangel11 on March 25, 2015, 05:23:50 AM

I own some BTC and I'm not planning to buy more at any price. If it goes to $100 I won't invest more in a dying project. If it goes to $1000 I also won't buy more because I won't be able to afford it.

$100 will not mean Bitcoin is dying. If price decline is a measure of dying, then Bitcoin has died several times. And then rose again like Phoenix.

See how many times Bitcoin has 'died':
http://bitcoinobituaries.com/

We are not talking about a simple price decline but a 90% decrease of value of a developing product. Ever heard of such thing happening to a technology that is supposed to be a breakthrough? If this happens it means all the money that came into the coin in the last 2 years is now out, it's really that simple.

Agreed with last post,I would like to add it isn't the concept that is dead it is its lack of being able to compete with what is desired in the cryptocoin market.I believe BTC cannot compete with the new innovations....the trick is to pick the right one.