Bitcoin Forum

Other => Beginners & Help => Topic started by: gamma-sequence on December 19, 2013, 08:32:22 AM



Title: How low can Bitcoin go?
Post by: gamma-sequence on December 19, 2013, 08:32:22 AM
Bitcoin has crashed following Chinese government decision. It lost half of its value. Is it a good buy now? How low can BTC go? Any comments appreciated! :)


Title: Re: How low can Bitcoin go?
Post by: jorneyflair on December 19, 2013, 09:03:34 AM
Only god knows


Title: Re: How low can Bitcoin go?
Post by: zeraTunerse on December 19, 2013, 09:09:17 AM
How low can BTC go?

No lower than $0, this im sure. But seriously there is still chance for the price to go down to $400 this month if serious number of coins are dumped


Title: Re: How low can Bitcoin go?
Post by: gamma-sequence on December 19, 2013, 09:26:40 AM
How low can BTC go?

No lower than $0, this im sure. But seriously there is still chance for the price to go down to $400 this month if serious number of coins are dumped

lol, I know that too ;D Yes but I don't think it will go anywhere below $100.


Title: Re: How low can Bitcoin go?
Post by: maurya78 on December 19, 2013, 09:37:24 AM
Probably around $150 which is where the price was before the China news taking it up to $1000 happened


Title: Re: How low can Bitcoin go?
Post by: radi324 on December 19, 2013, 09:59:02 AM
China won't outright ban bitcoins. It's been trying too hard to fit in with the western world to risk losing some of its standing by doing this. Also, it's a massive opportunity for any country right now to make the first step and accept Bitcoin as legal tender. It might be next year, maybe in 5 years' time... who knows?


Title: Re: How low can Bitcoin go?
Post by: MastercoinNL on December 19, 2013, 10:23:03 AM
I think China will dump some more coins the coming days, but other countries would just love to take them for 3,4, of 500 dollars each