Without being able to prove it, I really feel like you are undershooting there. It's got to be between $400 and $500 in my opinion, unless of course America bans Bitcoin or something like that.

Bullshit 

Yes but we knew about this grip-tightening for days already.

People act like Bitcoin's future is tied to China. Why? It's simply not true.

Hold on to your hats!

Good morning sir! 

Edward50 just can't wait for your coins people! Me neither  

I was wrong with previous estimates regarding prices.

But this is mad panic behaviour! Everyone has known for days that China is tightening its grip (very small one relative to Bitcoin's early stage) on Bitcoin.

This chance for a cheap price won't come again soon!  I just wish my fiat had arrived at Bitstamp by now 

You can't deny, they must have had fun writing this Edison scenario!

But it does look like there's a better chance than ever before of it being right. Countries are pronouncing their verdicts now and they will continue to do so in January. And when you think about it, so far so good really. Tech start-ups are jostling to be the first to provide a foolproof wallet your grand-dad could use. Things have changed gears and with the whiff of mainstream adoption big companies want to be the first in. And they will race each-other to do it. That's why the next few months actually look the rosiest by far when compared to the tail end of all the previous bubbles. Things actually looked bad then while they look good now, which is why this bubble tail-end is going to stabilize high.

Yeah, in a few weeks time. And in my humble opinion most people think that. That's why there is a general hold going on.

I don't think it is nearly as bad as it seems. It's not as if China had adopted Bitcoin, a billion people were using it, then it got banned. It sounds stupid, but it's this kind of semi-conscious thinking that is creating a "China goes, we all go" illusion. It's not like that. Bitcoin was growing at the same exponential rate before China, and there are billions of other people to keep this rate going for a good long while. That's why the price isn't dropping as much as you might think it would - because the real market for Bitcoin is not just a reflection of the China hype we are getting.

And with all that, it is not even banned in China and I very much doubt it will be. They simply want to control the flow of money into it like they try to do with other assets.

Now aside from the China stuff, Bitcoin is being accepted in many countries now. Not a day goes by now without it being touted as an asset by some European country or another; and it doesn't matter that it's as an asset - it's being accepted and that will allay the principal fear of any average would-be investor. As for the other fears - security, price volatility, etc. - companies are working fast to make it easy and secure to buy and use Bitcoin with a simple username and password, and hedge funds are busy preparing the same graphs you have looked at showing exponential growth, logarithmic rates, etc. to show their clients. A small but significant handful of Wall Streeters and hedge fund people have already put their own money in.

I may be wrong but I bet nobody here thinks Bitcoin will be sub-$1000 at the end of next year; the vast majority think it will actually be much higher. Don't forget, even just a $300 rise from $700 to $1000 in one year is a superb return on investment. Put your $700 in a bank for a year and there's actually a chance with fees you will have less than that in a year's time! A good interest rate might give you a $15 bonus on the money after a year if you are lucky.

People realise that other people are thinking the same. That's why there is less mad panic and more hesitant "dumping" going on. No-one wants to dump and then see the price go up and not come down again. If it doesn't go much lower then trying to trade now is foolish and everyone knows and feels that. It's not worth the stress. So more people than ever before are holding on for next year.

I hope I didn't bore you all!  

Honestly none. But I'm getting some money to an exchange somewhere near you pretty quick. 

Who in their right minds anywhere who has anything to do with Bitcoin (except maybe one or two poor Chinese noobs) really believes that it would stay at a price like $300 for anything more than a minute before bouncing right back up and right out of there? Who thinks Bitcoin is going to have an average price of $300 next year? If such people exist, quite a few of them exist, then he's in with a small chance. If not then forget it - $300 will not happen.

I have a sneaking suspicion that there are just as many analysts keeping quiet as they make losses. The short-term movements seem difficult to predict, no matter how many different types of charts get wheeled out (and of course in the end one of them will probably be right and we will certainly hear about it if it is). For everyone who pipes up after a crash claiming to have "caught the knife" there are more who didn't manage it despite analysis.

Please excuse my layman's bullshit intuition 

"The truth, not what you want". I've got that written on a post-it note on my desk to stop me thinking stupid things about Bitcoin prices.  Sad eh?

They're coming quicker than you think, that's all 

 Now, there is much more money per person and those people aren't going to all take out their money at once.
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There are many more people. That's what will keep things going up for a while and also smooth things out at the same time.

I believe now, after the chaff, most people mean to be in until the middle of next year minimum.

I believe traders are having a difficult time predicting things to their advantages, and in any case the majority try to ride uptrends (not short) and generally bank on Bitcoin going up.

Whatever is happening today and tomorrow, I believe most here believe Bitcoin is going up substantially from January next year.

This makes me believe that at best for the bears, we will go "sideways" (700 - 900 in Bitcoin terms!) for a short time (2 weeks).

A lot of "believing" from me - maybe you "know" better?  

How about Wink Murder, one of my favourite games