Bitcoin Forum

The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

Welcome to the volatility of the current day bitcoin. You've been around long enough to know this is pretty normal OP :D

Yup, but I'm looking forward to buying at 350

I'm expecting 300 sometime next week. It will stay at around 300 until Feb/March 2016. If you bought recently, I pity you fools, sucks to be you.

So BTC price will continue dropping aor will it bounce back? I'm havin troubles looking for an news about what will happen wih the btc price for the next few hours. I'm thinking i it's still a good time to hold.

Never seen this before.  Only conclusion must be sub 200 by tomorrow.

Definitely it WILL bounce back at some point it can be 1 week from now or one year from now.
But that's the trading strategy I use, I always buy Bitcoin when it crashes.

So you made a thread and tell people the price will drop to 350 in 48 hrs so people panic and sell and the price drops... Clever you are huh?

im expecting it to drop to 1 cent

Yes it will be excellent time to buy bitcoins again when it reach 350$
As new year will end it will go lower again I guess

It will definitely be a good time to buy, I wonder if the price will go down after the halving.

bitcoin will not go down further to $350, even I believe bitcoin does not drop below $400. do not panic price will go up and stable.

today the bitcoin price decrease occurred 4.5% than yesterday but i think in the next 48 hour the price will still in $400 above

I don't think it will fall below $400 but of course it's possible. Didn't expect this drop considering how close we are to the end of the year. Maybe it picks up tomorrow.

I'm really quite frantic. do i have to sell now? but I am not sure bitcoin price will fall below $400.

who....who are you y u do dis

It just for a little while after this, price will goes up again, don't panic keep hold your coins.

I thinks its just a trap. Bitcoin price will pick up soon enough. I do not believe it will go back down to less than 400. I will hold my coins til it reaches 500.

will not happen, first there is no "continuing to going down" it went 440 after the first drop of $30, and now 435

so just normal market movements, secondly 350-400 is rosk solid, so they will play above 400 for now

It's possible but I doubt it. I think the bitcoin price won't go any further down to below $400. You people panic to quickly when you see a price drop.
This is how the market works, with ups and downs. Right now there's a dip happening, it's okay and normal to see this.

I don't think bitcoin will drop all the way down to $350, I think the lowest it will drop is $400. Even if it does drop to $350, I'm not too worried about it.
I believe it will bounce back up soon after this drop.

Drops don't depicts or is a symbol of bitcoins poor performance. Its just a phase of hard time for btc and surely will get recess from it soon . I gonna hold my btc in hope that once again it will awestruck its users by its awesome service that they were providing previously.

I don't think bitcoin will go beyond 400$ for next few weeks. As this point has already been tested by several dump happened this month. It seems to be the resistant point for this year.
Don't wait for 350 buy at 400 if it happened again.

I would love for it to dip to 350 next week. Salary is coming in a d I would rather buy a full bitcoin than 0.75 for the same price.

Guess we are witnessing the fluctuating days of bitcoin once again. Price swings of 5-10% in both directions multiple times a week. Might be a good opportunity to start day trading.

No it won't happen if we will based with the current price movement and monitoring in the last 24-48 hours. How come you speculate that much just because the price dip to around 430. Learn to read the charts so you can't just make any speculation like that.

I will give you one reason why it won't become a sudden drop, buyers set their target around below 430 so many executes buy that bring the price up slowly. If they will just wait to their target @ 350 then goodluck at waiting. Even the price dips to 420 or so on you will noticed a large numbers of pumpers around this range so say goodbye (for now) for below 400 range.

Its normal small movements on prices, traders are working on it. Bitcoin increased its value in few weeks, and some traders take out its earnings, but others will join. I don't see loosing the 400$ mark.

https://i.imgur.com/iFVi4gA.jpg
Seems to be recovering.

Right!
And it always offers the opportunity to do the right thing. If you're in for long this could be a great moment to buy a bit more of BTC.
I don't see any reason why somebody should start to panic or to be worried now, unless he bought at 450 and wanted to make a quick buck to add 1 or 2 more christmas presents for his girl. lol

Another story if it will dip again right?

We can't really conclude a right or should I say a close one speculation if it will going down to a certain price like the $350 you said. You forgot the resistance it builds in the past weeks before reaching the current range. This is just a start of the week and let's see what will happen.

I do not call it drop. Volatility of Bitcoin is common to everyone who take care of price.
There was a good opportunity to buy more and now just wait for good moment to sell  ;D

i think the dump is over and we can look forward again. not sure what caused this dump, but i never had the feeling it would go sub $400.

That is called a price dip. Even price goes dip I don't think it will reached below $400 rank as it really established good resistance around this range and we can see the output of it by looking at the weekly chart.

Well i don't think so,My prediction is it will Cross 500$ in matter of days..I can not guess any possible reason why it will fall,when majority of people are now supporting and investing in bitcoins ;)

Yes actually even the last 460 above range many bulls performed buys which leads to much support around that range. And earliers lots of bitcoins are bought that get up the price again at this range. It's just that yesterday bears won the match but look no much price dip and now just a tree shaking in price,.

I doubt that it will happen, bitcoin won't just go down that fast maybe it will but not that fast.
We can see that bitcoin is now kinda going up not really. But is just around 436 dollars so that is just oke for now. We will see what will happen tomorrow.

I don't think this will happen either. I think bitcoin will be ok as long as it will stay around $400
I don't mind it either that it drops a bit. It gives other people a chance to buy at a not too high of a price.

Good luck predicting that it goes to 350 dollars I just don't see that happening.
What I can tell you the lowest where it can go is 390 dollars. We just need some hope and wait what will happen in 48 hours.

well yeah bitcoin price is dropping right now and i think that its a bad thing that people start dumping it i dont know if i should sell it or not as i am afraid that the price might grow again after some time

If the price goes to $350, then I will definitely buy 1 or 2 Bitcoins. I only think it won't happen as anything under $400 is too cheap at this point. I don't even think wealthy traders are in the mood of dumping it under $400. That level will have a strong support.

Agree, below 400$ seems hard this month, we can see bitcoin above 500$ on xmas and before new year, this price drop may be final price correction before big pump.

I'm not surprised at all for this to happen. Anyone could have seen this coming, this is just the way this market works.

With lows and highs, it hasn't been massively dropping, I would only get worried if I wouldn't believe that the price/value would go back up again.

Wrong move mate. If you sold and you are trying to short, I would advice to save losses since I don't see a single possibility of seeing 350 in 48 hours (now less hours since you posted this thread). We are already back to 440..

Christmas is just 4 days away from now. I think it will be a very difficult task to reach $500 while there are just a few days left to Christmas. I am already happy if we can settle above $450 again.

Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD

370 or even lower.
With a price increase support/ and resistance go up, when the price is in decline both levels go down.
Right now it seems we are going back down a lot

370 USD is an option yes. But I don't think it will go much lower. In a way I hope it so i can buy back way cheaper, but seeing the last couple of weeks the price is strong and so is support.
It's like people don't want to see it go much lower and are willing to fight for it, by buying.

New support will be determined within the news 3 days. From there it's the market will change it's course.

Either we go ahead with the pump, or the price will find a new support (somewhere above 350ish).
Since i cashed some (40%) i still anticipate a price near the 500 dollar, but I could be wrong..

Some of the stated speculations all has "hugot" in our local word or should I say root. Don't based and compare the price dip today in the dip that happened last $500 rally. It's really different. For the momentum it builds in the past weeks, I really don't see below $350. Well it's up to you. Go short or go long up to you to decide.

Well a smart Bitcoin user who know about the current market situation will try to get maximum benefit when the value reaches its peak then the user will sell the Bitcoin because we all know there are great chances of price again dropping down may be during second quarter of 2016 for sometime and we can buy BTC that time at lesser price

it dropped just a little bit to 420 dollar per bitcoin and now it is back to 440 dollars i dont think that was a very big drop its impossible for the price to be very stable as it is fluctuating all the time i guess we shouldnt be worried too much about it and wait for increases

Yes, always moving forward is not at all possible for any commodity. I believe there must be big resistance in zone around $470 price levels. That is the reason, price is going back to get more power to break the resistance levels.

Badluck theprice going down and i think it will continuesly decreasing. I wait for a little rise even 450 before i sell it after rise a little bit..

What's the bad luck there? It's just fine and normal no worries. See the resistance? It's tree shaking. Bears dominating in the last 24h monitoring but look how green enters and enters again to bring up the dip.

in fact it is not, this is not a drop, this is the definition of price correction, it went up too fast and now it's stabilizing at the correct value, between supply and demand

Is it just the greens for which we are all here???
Why bother so much if the price decreased???
It's Christmas coming and so people might need some fiat, so they might be exchanging their BTC, let Xmas go and everything will be back to normal, wait for few days, watch the charts and don't sell in panic... ;)

at this moment wrong prediction, is stable around 437 usd.
I know it's really difficult take the right time for the right decision... only for the extra short movement you can find the right track.

Price will likely not fall below 400 for awhile. I think enough people think it will be above $500 soon that no everyone will buy in around $400 to bump it back up.

I'm really excited to see what happens at the $500 mark

We probably will have a crash before the halving, after which the price will shoot back up.

So bitcoin was stable at around 230-240 for a relatively long time, and now when it dips a bit, you're already calling for a "crash" ?
It takes time for price to stabilize, and find optimal value, but it's not that far from where it is now. I'm guessing by weekend it will balance out, and then move forward once more.
Jan 2016 , 750 $ is what i hope for.

Why will it crash? There is no reason to...

Ive been waiting for the last few weeks for it to drop so I can buy some more. I might just have to bite the bullet and buy some

You were wrong, haha. It is up to $440 plus again.

Good try for the prediction OP, close but no cigar ;)

It's probably a temporary bear trap... It's a good time to buy IMO. I already bought like $250 worth.

Well, BTC hit the roof of the bubble (high 400s) the price is dropping back down again.

Yeah 440 is fine But that It reaches up to 485$ few weeks before itself. I don’t know why its going down But I have too much of plans in this weekend I have a plan to exchange my bitcoins for fiat cash. Hoping to go for price.

It will go back up on new years DW

Your prediction is wrong. The price now stay at a steady 440 border. It will break the wall of 450 and 500 very soon. ;p.

750 is too much, probably just around $500 but less than $560 just my opinion.


We all have plans but you may wanna hold it still and wait if it really goes $500 you may cash out when that happens, I think that would just be the peak before the year ends. Nothing seem happening these days, maybe Craig should at least insist and goes to media once again because it help.

well i should point out that your prediction was very wrong as the price is not even near to 350 dollars per bitcoin actually the price even got a little bit more than it was at the time you posted in my opinion the price will not go down right now as it has a lot of potential to grow before the new year

Last week people was like yeah bitcoin will go to 500 dollars and now people are like yeah bitcoin will go to 350 dollars.
None sense I think it will just be stable around 400 dollars to 500 dollars. I doubt that it will go down that low.

Is just speculations and panic :P most of people like that bitcoin go down to 350 dollars so that they can buy.
The another side is that bitcoin will be stable above 400 dollars what u said so we will see that just happening.

$750 is very possible. In 2013, Bank of America predicted a price of $1300 for bitcoin. 2017 will be 4 years after 2013. So the price could be higher than $1300.

Yes it will not go down below $400 and now it will keep on fluctuating between $400 and $500 for an year Atleast but some people just spread utter BS and creates panic.

Yeah I would love to see for one a good serious speculations than just panicking about that it drops or something.
It's true that bitcoin can drop, but that is what is happening in the few years so people just need to calm down and accept it, because later it will go up.

Dropping but going up again. Maybe not that high going up also not that low going down.
So I will just tell you that 350 dollars is not going to happen. Maybe it will, but is hard now to reach that kind of price for bitcoins.
That can happen if something is going bad.

Maybe they say BS some are good speculation. Just remember that this people are also new to bitcoin and they are scared that it goes down. Pollak I don't think we will a really serious speculation. People have been always like this maybe is not serious, but sometime they make a good point.

It's normal in Bitcoin. Bitcoin has gone up plenty of times without a reason, and it also goes down without a reason. From time to time there has to be a crash boosting the volumes and the attention of people. It could be that these dumps are created by the exchanges themself. If there is a long time where the price is barely moving, and there barely is any volume, then exchanges will get far less income from fees. So they make it a bit more interesting by causing a bit panic.

Mate, the halving is coming soon.I highly doubt that the price will not react to it.Therefore we will see way more price movement as the 400-500 range which you expect. We will see some nice wild rides I believe.Better fasten your seatbelt. ;)

I am ready for it my seat belt is fasten so now I am just going to wait for the halving.
I think when that day comes I will just watch my screen the whole night.

Will the halving really have an immediate effect on bitcoin price that you have to watch your screen the whole night?

Well, the price is moving up again so it maybe safe that bitcoin price won't drop below 400, for now.

Bitcoin is dropping yes, but now bitcoin is going up so I just bet that bitcoin will go up to 450 dollars again.
Maybe we will reach 500 dollars this month. We don't know I just don't think it will drop bad.

For my taste I would love to see bitcoin go to 200 dollars is just me that I want to buy it.
I think we won't see a 200 dollars worth of bitcoin anymore. Also I don't think it will drop that hard.

Bitcoin have always been like this it drops who care. Later it will go high again.
That is what I like with bitcoin when it goes down you can buy and when it goes up you can sell it.

Not anymore the price is around 440 dollars so I am just hoping that bitcoin is going to the sky.
Maybe will just reach to 500 dollars. I hope that Santa can give that to us.

Yes this weak was not good with bitcoin was dropping, but now we can see that is going up.
I am just hoping it will be stable at this price.

It is expected that BTC will not be able to keep price higher than 450$ at this time when many will sell BTC to buy gifts.But the price of 435-440 is not a significant decrease, and what will happen by the end of the year remains to be seen.In some sense the price should go down slightly,but I hope not below 400$.

today the price is stable... +1% so far (440 $)... maybe an xmas exploit? :D :D

Bitcoin has been pretty stable so far. I don't think bitcoin will drop below $400 any time soon. I wouldn't mind seeing it drop down again, that's the moment where you can tell that bitcoin will bounce back up.

Nobody wants any sudden movements during the holidays so I think that before the new year the course will fluctuate within a sideways trend unless there is something extraordinary ;)

Holidays are known for sideways with bitcoin trading always. I have observed the trading during Sundays prices are going up usually. Similarly I expect prices to go up during this Christmas and new year holidays to go above $500 levels also.

It is not dropping. It is just jumping up and down. It just needs more time and then it will stabilise.

Yes it seems this is a new price for bitcoin now.
After new year we will see bitcoin heading to a new direction. Either go to the 500 dollar area.

or find resistance in the 400 dollar

I don't understand what his fuss is all about.
Bitcoin is an asset and the price can go up and go down. Nothing illegal is happening here

It seems to be going up again right now.
Bitcoin seems to be stable right now, I like seeing bitcoin going up and down, it keep everyone who has invested in bitcoin on their toes.

Did not reach the 350 and it is pretty high right now. Perhaps the question would be if it will reach the 500 hundred, not if it is going down to 350 :D

Let's see how long the price will be stable.
I do think that we will some some price action the coming days.
Maybe more towards the 470 usd area

There is no way the price will be droppping under 400 usd now. We have seen some panic sellings, but even then the low was 435 at most.
For now it is safe to say that price is our new short term low.

Your pridiction went wrong dude,I think there is very less chance that it will touch the low of $350 anytime soon considering the factors like mining difficulties,reaching near the halving etc.

Short term is likely an underestimation. I suppose we'll have this floor level holding on till early 2016. Plus of course, the ups and downs where our dear traders profit.

Ill be happy to see it back down to around the 190 - 220 mark.. All the hype about 500+ for the holidays was nothing but speculation. I'm sure things will go back down very soon to the usual area of business.

So get your coins cashed out now while still good. Or hold on for the BIG drop.

That was just little correction when you started this thread and now after few days price of Bitcoin seem more stable at around 450 $.I dont see further drop in price but continuous rise till halving in coming weeks.

i hope for that dude that he didn't sell all his coins when the price was going down to around $430 as he was hoping for $350.  :D

You are right. Bitcoin price is more stable around $450 levels. This type of sustaining prices will always lead to higher price in short term. So we can expect further rally to wards $550 or $600 levels also. There is no meaning in claiming price will drop until upcoming halving. Prices will continue to grow here after.

10 days later, the price is still around $450. So the bitcoin price is very stable recently. It could be treated as a stable currency now.

It is currently $430 and not $450. Either way, the price remained fairly stable the first days of this year. That's a good sign. I think if it stays a bit longer stable at this price, we might actually see a decent bump in price mid/end January.

Good to see how price is steady at the current rate. A new bottom I think? What do you think? In my opinion, yes this is the new bottom. And with the halving closing, I see a high botttom will established compare to the new level today.

Bitcoin is not going up or down. It made its own line and happy about that. 420-440$ is Bitcoin's new level. If wee see a new movement that will be for 500-550$ band.

Yes bitcoin prices are not falling down or going up. I feel it is more better to have bitcoin more stable at current levels. Because this more stable price will lead to higher prices like $500 to $600 within this January.

I prefer to hold right now.

The price today is very very unstable and in the long term I expect the price to rise. Maybe it will take months or years, but the long term is bright.

The price is stable for over a week now. Stable above 400 dollar.
Yes the price can go down, but yes it can go up too.

So in that perspective you must buy/sell towards what you feel what will happen.

so so what we must do buy or sell? maybe you can tell us about your prediction. i already sell all my bitcoin but i want bought some coins before halving and now im too confused see this situation

bitcoin is not dropping for sure, there even are no fluctuations the price goes up and down only like two dollars, i think that after some time it will start growing, i give it a month or something like that, i hope my prediction will be good

even gold has been going up fast these last days. stock market crashing, gold going up, china crashing hard, big panic spreading. you would think that bitcoin would also start going up again especially after the correction. but ........ nothing.

very bad sign imo

Bitcoin has been started increased lately, the drop i think was because of holidays but from now let's watch how far will go this pump goes.

The pump will be lower than the previous one. Day after day, the total bitcoin in circulation is increased. You need more money to pump.

how do you know the pump will be lower than previous pumps. do you have a crystal ball that shows you what will happen? the amount of coins that are in the market (exchanges) is very low. from the current +15 million coins there are probably only 20-25% of these coins in exchanges. maybe even less than that.

Just buy some and the other sell and trade doesn't matter if you are good with it at earning some bucks.
For me is just to try to buy the lowest price for now and wait for the halving with that the price will increase after halving.

I think for now it's best to hold and get as much bitcoins as you can.
Just hold for now and sell when the price increases.
That's what I'm doing as well.

I think that everyone is doing that but when everyone is selling there bitcoin I am kinda afraid that it will drop again. That is why people are saying to buy in a high price so bitcoin can increase even more.

But that is nothing for me just hold and wait for increase the best way to do :D

I am not sure how the price could drop now.
There is a lot of buy support, sentiments are optimistic. To me that sounds another pump will happen.

Dude this is old thread and it's about the price when before Christmas I think. When it was fall right. That time I think. According  to current price. It is little low. Soon it will start to raise very soon.

Current price isn't low. If it was low, then people would use this price in their advantage to scoop up some extra coins. The current price is what I consider to be a fair reflection of the current "stable" period.

that aligns with my observations. I see zone $350-$400 as a solid support that should hold any mid-term retrace. Another test of that support zone might be in the cards, and shouldn't be seen as a surprise. Too many in here have their minds set on halving, which is still quite far away.

I think it will not drop again since the price is very stable and i think it will rise more above 460 before end of this month.

Even I was tried to tell that only dude. Please don't mistake me pal. Even I am telling price is little fine only according to current situation. So don't worry about it. Even I bought some bitcoins some days before to hold for halving

http://www.altcointoday.com/former-bitcoin-developer-hearn-calls-bitcoin-a-failure-sells-all-coins/

I say we are all in for a tough time if development dose not get its finger out and sort the issues with the blockchain out.

Really its not the tough time ever. such scenarios had occurred during early days of bitcoin technology.
Now bitcoin is not dropping very drastically but within a certain range it is raising and dropping
Mostly then it is gonna raise and stop dropping its value then.

Many "big" bad news had come to the history and bitcoin and we experience pride dips many times but hey after some 2 major bad news recently look at how the price stands today. Less than a week now again closer @ 400. Still it keeps rocking so just believe.

I think the bitcoin Core developers have to be quick. They are working for Bitcoin, not just BlockStream.

Well, people tend to take things way too seriously. For example; the Cryptsy "theft/hack" where they lost millions worth of Bitcoin and also Litecoin happened back in 2014. And the bad news had a bad impact on the price some days ago. Why? I don't know. If it happened this year, then ok, I could understand the panic. But not for something that happened back in 2014. People shouldn't be in panic due to this.