Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
Yeah, you are right. It has seen drops like this last one before. It has just been quite a while since it dipped down sub $300 for so long. It's more psychological than anything, I guess. I long decided never to sell any until after the 25 to 12.5 reward halving. But if it gets low enough, I might actually get some more. IMHO the real floor to this thing is demand for apps that need bitcoin (Ex: bitcoin payroll, bitcoin tipping like ChangeTip, and bitcoin remittance), and I don't think the demand for those services can buttress up even these prices, if I had to guess, I'd say that floor is somewhere between $50-$100, but I have little to base it on.