Bitcoin Forum

ATM BTC is just going dooooowwwn, where do ya think it'll go?

I think it will go up...maybe it is going down ATM, but with there being less and less, it should rise.

less and less? what do you mean?

Probably to what it was before, 35ish to 50ish dollars.

I doubt it will go much lower.

It might bounce around for a while, but it will come back.

75 range

If it goes that low it might be worth buying a few before the next Cyprus-like even that will inevitably happen and cause an all out rush for safety anywhere. All crypto-coins may benefit if/when that occurs again.

This is temporary.
It will go  up later.

 I think it won't go lower then around 70 then head back up again.

Unlikely it will drop under 70 as last bubble that is where it got to before it stabilized and turned back around.

My guess would be BTC would drop back to $80 before going up to $150 and even higher. I'm thinking about trading it myself.

It is really shocking to see the resemblance to the dotcom boom and crash to the current BitCoin market, they are almost spot on. Let's hope it turns out like gold!

https://i.imgur.com/5qNBvNL.jpg

That is quite a surprise there.  It's especially interesting when you put it up against the gold chart.

By the way, I am glad to see the Bitcoin charts!  I was wondering where everybody was finding those cool charts!  Bitcoin is starting to feel like a commodity, with ups and downs and highs and lows.

Probably going to go up to 110 again..

It's going to drop alright, to the Moon!

it will fluctuate around 90-100 for awhile, then climb again

I'm new to Bitcoin but not to trading.

the bitcoin charts look like 99% of the previous bubble charts in all manner of commodities (actually, futures contracts) and stock markets.  The recent bubble is an old repeating record to my eyes.

Currently bitcoin is in a short term down trend (bear market)

75 USD

I think we're a few months away from some big players like Western Union, Paypal etc making real announcements and then it will shoot past 200

Think this will be a stormy month, a lot ASICS being delivered so "Regular" miners dumping their BTC and mining LTC / FTC etc, probaly with a view to exchange / trade them for BTC imo.

I don't know where is going $70-$80's maybe but what was more interesting to me
is that I think gold & BTC "popped" @ around the same time. 

Yes, I agree that we are facing significant crash. USD is really in a bubble now. It will fall back to $266 per 1 bitcoin and then will steadily continue going down.

60-70 is my guess

I think we'll see it go below $70 this weekend, then it'll start rising again. Complete guess tho.

Is there a prize if I get this right?

Is the drop from manipulation or panic selling?

.02 cents US after they outlaw btc

yes, a lower high around the 90 or so mark would confirm bears have settled in

I think the BTC rise is over, it can't sustain a high like $266 again. I got in around 90 but now im just looking when to get out, maybe wait till it rises past $100 again. There's always a bull market somewhere, but not here.  :-\

I think it will drop to 50$ or lower. Just my gut feeling.

I agree. If the ball gets rolling downhill I think past history shows panic selling will set in and the price will fall, hard. If anyone is taking a beating and lost some $USD since the fall, check us out at MiningUnited.com and earn back some of that BitCoin value!  :)

Looking at the market depth chart, there seem to be many more buy orders than sell orders.  I'm not a technical analyst, but the trend (for the next 10 minutes anyway) seems to be back up.

Nice plug- giving MiningUnited a try  :)

Hopefully it doesn't fall below 70s.

limitless is a scammer...

my pm to limitless (admin can verify)

"I'll trade you 4000 CNC for 45 LTC"

If he did not take that deal , I will for 42.5 ltc's (all I have left in my account).

what is your ltc addy?

Thanks,
Ray

-----

limitless' reply pm to me: (admin can verify)

He didn't reply to my messages...

LhgPT9f6SmW9qpXWkSCmx1vjhdsT1cMjdu


What's your CNC address ?

-----

 Here is my btc-e.com transaction history showing me sending him the 42.5 ltc's plus .5 fee

http://s2.postimg.org/gnmhzfibd/ltcshot.jpg
#28791523   -43 LTC   Withdrawal LTC to address LhgPT9f6SmW9qpXWkSCmx1vjhdsT1cMjdu


You have been warned,

Ray

Edit.. I don't know. I dont want get yelled at for having an opinion.

yea i would say it is $50 by end of next week

plus all the other alt coins that don't take forever to transfer between exchanges

So much uncertainty with everything surrounding bitcoin its a tough call. Seems like there are alot of predictions of it going lower, I say we go up from here.

I agree. I think the correction due to recent events is over. If nothing critical happens bitcoin goes up.

those caring about the longevity of bitcoin should not worry about the high prices. but look at the monthly low prices

i read somewhere else that someone already looked into this and found

February low was $20
March low was $33
April low was $51
and May low so far is $79

which shows an uptrend on the base rate. the highs are pure speculation and will ramp up and down where ever they want but as long as the lows show a natural rise where people get to a point that they wont sell any lower then a certain level then this is good for the long term life of bitcoin.

good observation +1

I predict $55.49 on Mt.Gox in the next week.

Why specualate?

They are incredibly volatile and could go either way.

And have certainly done so over the past month or so...

My guess is it's going to keep rising and rising, with bubbles every now and then, but as more people buy into it the value can only go up seeing as not only it's a limited currency but also it's going to diminish as people lose wallets, etc In the meantime it's just going to go up and down as any other currency, maybe a bit more violently but same general trend. And as for right now, my guess is it will settle somewhere in the vicinity of 75 - 100 USD and rise gradually until the next bubble.

Sorry to say that 79 is the bottom for this crash cycle, we are heading towards 130+ again.

Seems unlikely it should drop below ~$60-70, as below that GPU mining becomes unprofitable.

I'd assume that as it gets close to this point, supply drops off and the price increases.

Yes, mining price will set the bottom in the long run.
Therefore alt coins will hava some value too, but how mush is another question.

I had 0.07 (so rich!) and got out at $150 per, I think it will end up hovering between $40- $60.

Great chart reference, thanks for posting those comparable trends

There's no telling where it will eventually dip to. I try to make safe(r) exchanges by price averaging. I have my personal midpoint, and I buy in small increments as the price goes down and increase as it goes farther away from my midpoint. I also sell in increments as the price increases above my midpoint. I'm not sure if this is the most effective strategy. I'm basically playing with spare change right now until I feel more comfortable with BTC.  I don't think it'll go below 70 anytime this week. And I doubt it'll go above 130. But in reality I have no clue. And unless you have a lot of money/ expert knowledge you don't either.

Mama always said Bitcoins is like a box of choc o lattes loooool!

At one point this year - below $40.

I think it will stick in the $100- $130 range for awhile due to uncertainty and many people shaken from the crash.

200 more or less

I think it may experience another hard crash toward $10, but it will probably go back up $100 at some point.

I think we saw bitcoin under 100$ in the last time in history.

Buy when low, sell when high, net result gain.

Buy when high, sell when low, net result loss.

ye i agree with u

 I think the price will stay in this range in the near future.

we will die..

Based on the chart, I think we have a pretty good floor around $65 to $70. I don't think it will go lower than that, and if it does it will be a volatile dip where it bounces back up immediately. That is, of course, unless something drastic occurs (blockchain hack, etc.) in which case all bets are off and we end up with some private keys that aren't worth the paper they are printed on (assuming an offline wallet here).

I think you can kiss your forecasting career goodbye. Stay with your dayjob and if you make a prediction, at least be realistic.

Wouldn't be shocked to see it drop back down to the 60-70 range. However, I see it has rebounded past 100 so that is a "good" sign for me.

As this month has been a lot of days with Bitcoin for less than $ 100, and even more days for $ 120 more, I think that we can look forward to in the future too.

And certainly we also read headlines like: "never double-digit" or "soon to be single-digit" :)

In April, the Bitcoin was 13 days cheaper than $ 100, 14 days cost more than $ 120 and only 4 days for the price from 100 to 120 USD ...

Unless there is a panic, like with what happened with Mt.Gox during the bubble, I don't see BitCoin dropping below $100. It seems to have stabilized and will remain at this mark for a while. It will be a steady decline or rise from here on out, unless there is a major event.

What really needs to happen for a nice steady rise is a NEED for BitCoin. This can be created if more merchants offer BitCoin as a payment method.

It will never drop below 50$ again.

Increased ease of availability is what I am watching for.(Debit card purchases or PayPal for the US customers)  Over $250 easy when this happens.

I could see some place like CoinBase doing this with plastic cards. When you make a purchase the purchase total is instantly converted to $USD from your BitCoin balance for the merchant. This way the merchant doesn't have to accept BitCoin.