Nothing's new with this post. Bitcoin collapse has been predicted many times before. There are also too many times that bitcoin was declared dead. As for me, I think this golden opportunity to purchase more BTC than before is going to be a benefit in the long run. We'll see next year if it skyrockets. If not, then let it be - more time to collect more funds.
20k to 16k <---- golden opportunity to purchase more BTC (for idiots)
16k to 12k <---- one more golden opportunity to purchase more BTC (for idiots)
12k to 10k <---- one more golden opportunity to purchase more BTC (for idiots)
10k to 8k <---- one more golden opportunity to purchase more BTC (for idiots)
8k to 6k <---- one more golden opportunity to purchase more BTC (for idiots)
6k to 5k <---- one more golden opportunity to purchase more BTC (for idiots)
5k to 4k <---- one more golden opportunity to purchase more BTC (for idiots)
4k to 2.5k <---- one more golden opportunity to purchase more BTC (for idiots)
2.5k to ZERO <---- IDIOTS ARE BANKRUPT
(p.s: AT 2.5k MINING IS LOSS-MAKING AND ITS A DOOM)[/color]
Why the fuck to idiots keep repeating this falsity?
If the price goes down to even $500 or less, bitcoin will not die, the number of miners will be much less, the difficulty will be much less and the remaining miners will just get a lot more coins. It will still be profitable to mine.