Bitcoin Forum

What is your speculative guess on what the bottom will be this time around?

"The bottom" in this context shall be defined as the lowest point the USD/BTC price will hit before breaking the all time high again.

I say $ 85

I considered 60.

But with current speed I think I have to call 30.

$200

I say $50...don't forget to quote each poster so he/she can't edit the figure later.

I don't think it will drop below 100. 154 is my number. Lock it in

$8.50 - That's the number I've been going with since January, the bubble took MUCH longer than I expected to pop - but looks like we're finally headed down.

240$

anything below is UNDERVALUED

BITCOINS ARE FOR SALE

CHEAP COINS!!!!!!!! BUY

I bought 10000$ coins at 230 and holding solid :)

$170

Nobody wants to be left holding the bag on this one...

There were several large large purchases early on. I'm pretty sure we're going to see a big sell off as the big players who even at the current declining prices have made a profit sell out.

I'm going to cancel my buy orders.

Actually, just checked I've got one at 43... I think that's still safe

I've got one set at $80 I think it's a 50/50 so I'm ditching it.

My guess is around 50-60.. Bitcoin has definitely grown because of all the attention lately. I used to peg its value around $25.. I think it's easily worth 60 now, but the panic will probably cause it to drop below it's value for a while.

Some more...

155

looks like a little bounce at 200, but ill say 190. no way this slydes to 30!!!that much.

I can't imagine it will stay below $200 for any length of time. Back to $250 by Friday for sure.

Sorry mate. You got stuck in the worst of it.. But hold on tight, it might get back up there. Just a question of how long. Don't think this will be a quick recovery.

$164.39

27$ or even lower It's my bet. Only if the big sells were cashed out of the traders, eitherway, like 60$.

http://i50.tinypic.com/35anr42.jpg

Almost $7m and counting has taken a hike.  Asks are on the rise even as record numbers of bitcoins are being sold.  Little doubt about it, this is the big reversal.  Single digits is not out of the question once we've reached the bottom of the coming long slow slide.  As I've said elsewhere, the popping of this bubble is going to toss a giant wet blanket on bitcoin for years to come.

$165

today, $100 +/-20%. Long term bottom, about $30

Hmmmmm I say $147...but then again its already down to 180 with massive lag. My tradehill ticker says $150 right now.. so today could be called "Proudhon's Day of Reckoning"

Hold onto the rocket my man. It will go up to $1000 then $10 000 then $100 000 then $1 000 000 then $10 000 000 then $100 000 000 then $1 000 000 000 a coin in 24 hours !

Keeping dreaming ... going back down to $10 since the fools find out this bubble is POPcorn

I was waiting for this! LOL I can confirm BTC will hit $500 soon now! :P

Stabilizes at 150+/-4.

it grew from about $13 , my guess would be $13 plus/minus $7

Before the massive interest BTC was at $50.  Since then there are a lot more parties involved.  For this reason I think the real perceived value was at $50 and now is probably near $100.  I would guess unless all the speculators run and never return a bottom of $87. I think it will level off around $100.

This of course does not consider how people are going to react to the problems MT Gox etc. is having right now.  A collapse to $0 or moving of BTC to some other virtual currency wouldn't shock me.  I don't think this will happen because many are just waiting to buy back in.  There are still plenty of bulls who have faith and the lower it goes the faster they will be buying again.

I'm usually far too conservative and guess too low.  At $20 I was sure I'd get to buy more at $10 so, it will probably be over $100.

i did, it was @156$ in mtgox and somewhere to 90$ in bitstamp when i did

https://bitcointalk.org/index.php?topic=85687.msg1795590#msg1795590 (https://bitcointalk.org/index.php?topic=85687.msg1795590#msg1795590)

Unfettered market, no childish nannycrat controls, no protection whatsoever. I won't touch it until it is between $50 and $25. Yes, that's 80-90% off and I loosely get this percentage from a similar crash in 1929-1932. I am perfectly happy with this: free market at work.

you may get your chance to buy at $10 soon :P

haha i called it. starting to bounce....gotta go i goota put in an order for ten coins befor its back to 260. hum 60x10 is 600 yay im going to make 600 bucks!!!

$50 then rebound to ~$75-90 for a while

But if it dips below $32, GOD HELP US!! (it will go to single digits)

^^^^^

Balls to the Bears!


BTC safe above $100 short term.
Back at highs within a week
$1000+ this year

.. and I'm being conservative

Looks like $105 might have been the MtGox bottom... on the way up again...!

5usd

This forum is incredibly bullish most of the time and if that is representative of the bitcoin capitalization as a whole id be very surprised if there wasn't a bull trap. This may just be a temporary blip before a greater correction.

He called it allright!

Bottom: 60-80
Rebound: 150 would be "healthy" for a while, then another correction to $200 and then to test $250 again...
within a month!

$35

I call $40 as the bottom, same as before. (Given that the bottom in late 2011 was $2...)

It might not go that low at all. Lower could be an amazing third chance at buying in hard. And, my opinion isn't worth anything. :)

What time period are you guys going for?

Callin around $35.

$30/$40

31,9x

30-35$, hoping.

$6 USD

$20-$25

This would continue from a exponential curve of historical prices excluding bubble periods (a bit of estimation is required for when the current bubble started tho).

The time untill it reaches the previous all time high again, which would be around 266 $.

At the moment I'm going to call around $40, but all bets are off for me until I see how this weekend plays out.

If FIAT runs dry as it often does over the weekend how will that affect the price?
How many people are still in a rush to cash out and take their profits/minimise their loses?
Will new money arrive on the exchanges Sunday/Monday and will people use that money to buy "cheap" coins?

This for me will give us a clue as to whether a more cautious bull run begins/resumes or whether we are entering a long slide down.

$8 within 2 weeks.  I'm revising my previous bottom due to Mt. Gox having all the eggs in their basket right now.

$5

Just transferred in more fiat and bought in @ 75 (CAD). I don't think we'll be falling much lower and if we do oh well. Most of my pot was purchased @ $5.

What the hell, let's say $30. Nothing like previous highs for last bastion support.

I recall watching the decline back in the summer of 2011. With the similar complete reversal of sentiment, the drop will be deeper and longer than many new traders expect. People will be afraid to buy even as the price drops past a a fair value to very attractive levels.

My guess: 19 USD/BTC.

$13.

https://i.imgur.com/IAk7OmC.png

It's the same distance from $260 as $2 was from $33. It's the same distance above $5 as $2 was above 75¢.

It's also the price we had back in September-November - the most recent multi-month stable period.

Breaking through the $10-$13 range would require monumental bearish momentum.

My guess: 18 USD/BTC. (the last stable price)

last stable price was around $13

Approximately 13.50 next September, based upon analogy with the previous bitcoin bubble.

Even with the bear market and crash, I think people are too used to seeing double and triple digits to take this thing below $10.  Seen some weekend tips test ~$85-80 but yeah once the weekday money flows, it's hard to call what'll happen.

I'd imagine $50-60 or so as the bottom since coins are so much more widely used now.  But then before the run-up we had, the slant had been gradual to $70 or so.  I don't think we'll slide much past that but hey, I could be wrong.  Crystal balls aren't my thing.

~$70

April 12, 2013 12:30 UTC

$54.25 mtgoxUSD  :-X

+1

I don't know if we're going up or down from here, but those were cheap coins.

yeah, maybe this, as easy as it sounds ...  ::) 

Cheap for now. In 2 days with a itchy panic finger it might be expensive.  I'm feeling another sell-off in waiting, this week maybe?

Well after the Mt. Gox issues I thought it might actually be lower but, I'm feeling pretty proud about selling at $230 and calling the level off around $100.  This is the easiest investment to predict I have ever had the pleasure to work with.  I feel bad for those who treat it like a religion and didn't sell off at $200+ but, it is there decision to pass up doubling their money so whatever.  I'm going to put a buy in today probably $85-$90 or so and have more than double the coins I had a couple weeks ago.

16 mtgox

media will loose interest and some other bad news will appear

$32 gox.

So, who won?

About $50, 16 April 2013, 7 AM :
http://bitcoincharts.com/charts/mtgoxUSD#rg360zig1-minzczsg2013-04-16zeg2013-04-16ztgSzm1g10zm2g25zv

The low on 5 July was higher :
http://bitcoincharts.com/charts/mtgoxUSD#rg360zig1-minzczsg2013-07-05zeg2013-07-05ztgSzm1g10zm2g25zv

And the winner is....


Congratulations to doobadoo for getting it right!!

And in second place, we have Bjork:

doobadoo was first with the right guess, but Bjork got it right too, though with an added prophecy, that I guess was not really correct.