Bitcoin Forum

250, 200 or 150 ??

255. I just hope it stays there long enough (1.5 months).

again, to talk about crash by definition, the price has to fall below $230. That is roughly the equivalent of 20%+ correction. I see the support in the area $240-250 pretty stable though.

The crash that has been happening since 2013 Dec?
I predict that the bottom will be around 5-10$, after all the illusions of practicality have faded away and only novelty value is left.

I would also be grateful, if there won't be any replies by angry fanatics, who can't distinguish the practicality of the blockchain technology and the impracticality of bitcoin the currency. Thanks.

Sorry, but you're just wrong. It's been 6 years, and even if it's trending towards $5-10, that'll take months at the very least.

There would be no novelty value there.

Of course it will take months, or possibly even years before the bottom is reached. The fall will be slow, because that's how the rich players get off this train with the softest possible fall.

Just to indulge the trolling: You can't actually have a stable or useful blockchain without having a solid reward for the miners of said blockchain. That's why it's difficult to separate those two things. :)

I'll say that this dip will bottom out at $268 on Bitstamp.

Yes, I think that was it, and if it wasn't I don't really care anymore, the fundamentals keep getting better so people can dump all they want, soon enough there won't be enough to go around and we early adopters , like the very early adopters before us, will be laughing.

Yeah, I also think that that was the bottom. I believe stamp really went a few $ below that even, but generally that'll have been the bottom this time.

The answer is in proof-of-stake. Proof-of-work mining is highly flawed and impractical. It suited as the initial concept, but now it's obsolete and supported only by blind greed.

I guess that all matters on whether evolution has stolen the amount that is claimed and if they have are they going to dump them all at once or are they going to do it over a few months, so many questions we don't have the answers to, to be able to make the correct speculation we need more but i will take a guess and say we will see 250 briefly 'if' they do not dump them all at once if the do, we will go below 200 for sure. Hold on guys it could get bumpy :)

I hope that the 70-100$ barrier holds  :(

The crash will be around $170ish I feel, then dropping to $100 then to $50.

But that means we have to seem so drastic horrible events like how mt.gox is or something else thats bad that adds more bitcoin available.

Zero.

Where do you people come up with this shit?

I have a theory... Where does shit come from?

You speak with wisdom!

my orders are at 250, but seems hard to get their right now.

From the "buttom", obviously

Haha. It's funny that you still come and post here.

$240

The price crash can start in the low $200ish? so like $180 then a sudden price drop to $100 is when I`ll start to see it happen.

Its similar when the btc price was up $1,000 - and a couple months later the movement went all the way down to $600ish.

Ha, I think it's hilarious that you are calling this price movement a "CRASH".    Its a fart in a wind tunnel compared to the last year.    ::)

What crash? All I see is profit taking from the recent 225-300 rally. Traders take their profits in markets, that´s why they´re called markets.  ;D

Good luck, g

Sorry for your loss.

buttom at ~$140

3600 BTC x 5$ = 18.000 $/day wort Bitcoins mined per day. That is NOTHING on a world level. BTC is not going under 200$.

Well, if it drops to the Jan. bottom and gets stuck at that level there for a prolonged period most mining is dead for all practical purposes and the market knows this which is why it won´t happen. So, a very solid floor should be at 200-220 ish.

$162

$120

We've broken 250, next temporary stable point i suspect will be around 180 next week.

If this is evolution then we are going well down.

Unless they're monumentally stupid, they'll bide their time to find ways to dispose of it. You don't destroy your ill gotten gains by dumping everything on exchanges that can figure out where the coins came from and nail you.

This is probably orchestrated by the usual suspects to end up on top again.

It is definitely below the point where you will get margin called  :-\

My guess,  172

237.82

Where the SMA/EMA lines last crossed on the 1HR chart. Low 240's will be bottom today or tomorrow. Then the bull will come home.

What SMA/EMA? I mean the settings. Is it a common practice to use this threshold as a resistance line? Or do you only say this because you think it will be around that level?

240 ish this time or more, at about april fools a new long road towards a new ATH begins, so I hope everyone is buying as much as possible for the rest of the summer.

Seems you thought wrong. As so many with you...

Let's see tomorrow if your prediction holds true. I think it's possible, seems like the bear market is over.

It is not the crash as for now, to start with. We haven't corrected more than 20% from the last local top.
It is good a healthy correction, before the next dent up. Dent meaning we are not going to the moon, but we can add another $50 to where we are now.