Quote from: klovishey on December 16, 2013, 05:20:47 PM

Quote from: EvilPanda on December 16, 2013, 05:07:46 PM

Quote from: sealberrder on December 16, 2013, 04:56:40 PM

Quote from: james1457 on December 16, 2013, 04:36:50 PM

china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02

This is just bearish, Chinese have the strongest hands.

If it goes that low there's no point in buying. Such price would only be caused by a total collapse of the market due to some virus or total network failure.

Do not underestimate the possibility someone just sells a lot of coins at once. It would be foolish, but posible. It would be worth buying at these prices then

$0 Bitcoin is an apocalyptic scenario it just won't happen, you're talking about all the hundreds of millions of dollar investments going to the dumpsters, All the startups shutting down, miners abandoning their mining equipment and aspics, bitcoin hacked to the ground and spat on, all the big exchanges shutting down with their owners fleeing into 3rd world hell holes.

Think about it, there is too much smart money behind bitcoin it's going forward nowhere else. Yes we will have price corrections but not single or even double digits ever again!