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Author Topic: How low will it go?  (Read 578 times)
Crindon (OP)
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July 06, 2013, 10:54:04 PM
 #1

How low do you think Bitcoin will go before it levels off then begins to rise again?

$60 USD/BTC within the next 7 days? 
$55 USD/BTC within the next 7 days?
$50 USD/BTC within the next 7 days?
$40 USD/BTC within the next 7 days?
$25 USD/BTC within the next 7 days?
leopard2
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July 06, 2013, 11:08:03 PM
 #2

The inner value of BTC is zero

The outer value could drop below 10$, depending on whether the Dark Empire manages to stop its peons from owning BTC, or to break BTC as a whole. Sure BTC will survive outside of the US but its dollar value would suffer...after all, most of the worlds monopoly money is printed in the USA.

If you look at the last crash, the current price target would be around $20+/- 5$ before it climbs again, and the next high would then be $2000+

Truth is the new hatespeech.
acoindr
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July 06, 2013, 11:17:57 PM
 #3

This belongs in Speculation.

Also, you forgot the counter position. Why not also ask how high it will go now having reached bottom? Are you looking for cheap BTC?
worldinacoin
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July 06, 2013, 11:39:46 PM
 #4

Bitcoin seems to be hovering at about $70, lets hope that it can climb up after this.
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