Quote from: digitizedcurrency2010 on November 28, 2014, 03:32:55 AM

It would be really helpful if bitcoin price can drop to under 100 $ . This will take care of the short term speculators who hopefully would cut their losses and will move on to better investment ideas.
All the miners who are producing coins at roughly 350$ today and are hoarding hopefully would be forced to sell their coin and help bring other people into space.

Such a drop would shake the suckers who bought high in 2013 / 2014 and concentrate the circulating bitcoins even more into the hands of speculator whales.
This would make this market even more cornered than now, so I hope it won't happen. Something like 150$ - 200$ for THE bottom would be healthy IMO.