Bitcoin Forum

I think that if we will not go up, we'll go to 30-40, will stay at this price for a few months (maybe 6-7 months) and then will go back up.

What do you think about it?

I think I like chocolate ice cream.

Good choice! And I like my girl!

I need more information. Why do you think this?

We need to return to the pre-bubble point before starting the new big rally.

So maybe we'll see the 30-40 bottom, but 15-20 is also possible.

Yea its high time for perma-bulls to get beaten and slaughtered.. :D

Agreed... I've been saying this for a long time

We're in a bear and it's going to be 2-3 years before we bottom out

I'm a bull, but I'm realistic. I don't wait for miracle

it is possible to return to those levels but can you really apply a principle that generally is associated with stocks to bitcoins? retracing and the like.

It's just my opinion.


I thnik we'll go back up sooner than in 2-3 years. But who knows...

Sorry, but this will not happen again.

Because...?

I love this, price goes down like $10 since yesterday and peeps start talking about $30-40 bitcoins.

This is why we can't have nice things! (Like stability for a week!) Y'all get spoiled and jaded.  :D

Hey, some brought $1000 per coin way before that!  ;)

Who was this?  ;)

https://bitcointalk.org/index.php?topic=8248.0 (https://bitcointalk.org/index.php?topic=8248.0)

May 14, 2011  ;D

The thing is that a gut feeling about the price going up or down may have some merit. But when you assign a dollar value you are just wildly guessing. It looks like math, there are numbers and everything, but it is not math. It is a completely baseless guess. Which you are welcome to do.  ;)

So, what is your opinion about the price in the near future?

Since most of my guesses have been wrong, I don't know. lol  :-[
It seems like there is strong support at $120. I think some of the smart money is waiting to see what regulation shake out before buying. Because BTC is more opaque than the banking economy I don't even know that.
Overall I'm bullish because there are a lot of smart people working on new projects. If one of those becomes a killer app then we could be in rally mode quickly. Of course bad news about regulation or a severe bug could crash the market. I just can't say anything with confidence.
 

worst thing that could have ever happened happened when this thing went to $266. Bitcoin is dead because its on everyones radar. I remember 20 yrs ago when mp3's were illegal and you had to serach and search for them on the internet. Now they are a part of society and the majority of people never knew this. Same is going to happen with bitcoins. It was an experiment that passed the test and went well and the powers that be are now trying to get rid of it. And something that can be measured and controlled will be accepted by the masses. But it will take a while so it the meantime I think this thing trades sideways.

I see no support at 120.The trend line has been broken.
Forget about regulation,to come infrastructure. The thing is the bubble has popped and since then the price has been propped up by whales.
Slowly the price will adjust itself to post bubble situation.
Bear phase starts now

I'm curious how you have determined that "whales" have been supporting the price?

It will crash to 2 cents per BTC before jumping up to $10,000/BTC.

Anyone buying at $30-$40 is a sucker.

So so... why?

LOL ok then you should

A. Sell all of your coins

B. Move all of your fiat paper off the exchange(s)

C. Delete your forum profile

D. Fail  :P :P

I see many new user, begging for a 30 $ coins, but I'm sorry, this is a Bull Trap, like most weekends. Will see the price recover before tomorrow morning. There is no reason for this price falling except a bull trap.

No it's not...don't buy coins for a few days...it will go lower, honest.

welp, im convinced.


sell all zee coins!!! ;)

Because:

lol

Seems like there are pretty good support at $50, it may go below, but not for a long time. Still, it will take time before we see those numbers. Not to mention that it's gonna take quite a bit of grinding just to go below $100.

You're buying then?

 :)

Perhaps, I don't know  ;)

Yet - I am closely looking at the long term semi-log chart. Both medium term and long term trend are still in place, but the medium term trend runs the risk of getting broken in the coming weeks. https://bitcointalk.org/index.php?topic=223860.0 If so, we could see significantly lower prices $32- $64. Well, that's my take at this moment.

http://thehoopla.com.au/wp-content/uploads/2012/09/bullshit-meter-2.jpg

 2 times

Another few 20k BTC dumps, and it may very well start a run to $3.

Could be quick, but I think it's much more likely to be a slow and drawn out process

I agree, $30k-$40k per bitcoin is probably where we are headed.

there's no support because there's no USD from Dwolla pumping into it. I'm hearing many folks trying to buy bitcoin but can't get fiant to exchanges. When gox-dwolla is resolved, or other USD friendly exchanges come online, price shall rise again.