The pessimists - post crash stable price guesses?

[BitcoinTate]

Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up.  BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops.  I do believe in the long term future of btc but we've gotten WAY out in front of reality.

Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup.  If I finally become short term bullish it's time to sell for sure ;-)

Bahahaha! And what about the 10,000 new accounts still waiting to move cash in and buy some BTC? BTC could be at $5,000 by the end of the year.

You havent been around long, have you?
Remember, don't bet with money you dont have.

Long enough to see the writing on the wall... barring a government ban, natural disaster such as a giant meteor hitting the earth or some other massive calamity BTC has no where to go but up very rapidly.

[chiropteran]

Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up.  BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops.  I do believe in the long term future of btc but we've gotten WAY out in front of reality.

Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup.  If I finally become short term bullish it's time to sell for sure ;-)

There is no reason whatsoever to think the price will crash so low.

Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$

The June 2011 bubble started at $.50, and then crashed down to $2 and was eventually stable at $5

If this bubble follows the same pattern, it started at $20 and will crash down to $80 and stabilize at $200.

There is no reason to think the value will crash below the pre-bubble level.

[BitcoinTate]

Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up.  BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops.  I do believe in the long term future of btc but we've gotten WAY out in front of reality.

Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup.  If I finally become short term bullish it's time to sell for sure ;-)

There is no reason whatsoever to think the price will crash so low.

Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$

The June 2011 bubble started at $.50, and then crashed down to $2 and was eventually stable at $5

If this bubble follows the same pattern, it started at $20 and will crash down to $80 and stabilize at $200.

There is no reason to think the value will crash below the pre-bubble level.

There is no way the value will crash below pre-bubble level.

[mobodick]

Initial crash down to around $8.50 or so - rebound to around $20-25USD for awhile and then slow climb back up.  BTC is extremely overvalued right now, but there's no saying it can't goto $500+ before this bubble pops.  I do believe in the long term future of btc but we've gotten WAY out in front of reality.

Full disclosure - I've been horribly wrong on price for sometime - I still think the crash is coming, HAS to come, but my level of certainity has dropped from nearly 100% to about 90% in this recent runup.  If I finally become short term bullish it's time to sell for sure ;-)

There is no reason whatsoever to think the price will crash so low.

Markets overshoot, like how we crashed from 31.9$ to just under 2$, to reach stability at 5$

The June 2011 bubble started at $.50, and then crashed down to $2 and was eventually stable at $5

If this bubble follows the same pattern, it started at $20 and will crash down to $80 and stabilize at $200.

There is no reason to think the value will crash below the pre-bubble level.

There is no way the value will crash below pre-bubble level.

The pre-bubble price was around $12 tho and started its rise in the first week of this year.

[Qoheleth]

Tentative floor of somewhere between $13 and $5, based on two factors:

• The first crash's final "New Paradigm" -> "Despair" gap was something like 17x; looking at current prices, any peak < $220, if it falls a similar distance, will end up between the two numbers.
• $5 was the last place we saw long-term stability, and will represent a major psychological rock for people vis a vis BTC's "true value". $13 was semi-stable, but for a shorter time and with greater variation.

This is all spitball, of course. If I really knew where BTC would end up - or when the crash will occur - or even that there will be a crash at all - I'd be trading on my belief instead of yapping about it on a forum.

[BitcoinTate]

Tentative floor of somewhere between $13 and $5, based on two factors:

• The first crash's final "New Paradigm" -> "Despair" gap was something like 17x; looking at current prices, any peak < $220, if it falls a similar distance, will end up between the two numbers.
• $5 was the last place we saw long-term stability, and will represent a major psychological rock for people vis a vis BTC's "true value". $13 was semi-stable, but for a shorter time and with greater variation.

This is all spitball, of course. If I really knew where BTC would end up - or when the crash will occur - or even that there will be a crash at all - I'd be trading on my belief instead of yapping about it on a forum.

Lol I have been wondering where all the bears have been hiding the past couple days