What do you think will happen to the bitcoin price until 2015?

[Ibian]

The best case scenario is that we manage to stay in the triple digits until sometime in January.

The more likely scenario is that we'll see double digits well before Christmas.

Why do you think that?

He's a troll and on most peoples ignore.

And I've been accurately predicting BTC price development for at least four months.

If you are not being a troll please explain why you think this. I am not calling you a troll i am just interested.

Yes it is very hard to see a downward sloping line and predict falling prices. Interestingly when the price bounced 10% in 30 minutes last week you were nowhere to be seen.

Noone except the person selling knows what the price will do in the short term. All the bears on here are doing is looking on the recent chart to extrapolate further falls. The bulls on the other hand look on a slightly longer timeframe than the last 9 months. Unsurprisingly there aren't many bears from earlier bitcoin years still posting here - I will leave you to decide why..

So do you think that bitcoin will make a recovery? Or do you think is the final big fall for Bitcoin?

Instead of asking what random people think, go spend the next few months reading up on what you are throwing money at. The tech, the economic motivations of everyone involved, the political and social ramifications, the legal and business developments in the past year and everything else I forgot. Knowledge is the best medicine against fear.

[exocytosis]

The best case scenario is that we manage to stay in the triple digits until sometime in January.

The more likely scenario is that we'll see double digits well before Christmas.

Why do you think that?

He's a troll and on most peoples ignore.

And I've been accurately predicting BTC price development for at least four months.

If you are not being a troll please explain why you think this. I am not calling you a troll i am just interested.

Too much sell pressure, predominantly from merchants, whales and miners in need of fiat to pay their bills. Increased merchant adoption means falling prices. Also: Every previous bubble and price rise was caused by Markus, Willybot and other Gox shenanigans. With Mark Karpeles out of the game, price can't be sustained in the triple digits forever. The final bubble is still being popped, but in slow motion. We're slowly leaving the delusional three digit price level, and entering a more sane, sustainable level of two digit prices or less.

[picolo]

The best case scenario is that we manage to stay in the triple digits until sometime in January.

The more likely scenario is that we'll see double digits well before Christmas.

Why do you think that?

He's a troll and on most peoples ignore.

And I've been accurately predicting BTC price development for at least four months.

If you are not being a troll please explain why you think this. I am not calling you a troll i am just interested.

Too much sell pressure, predominantly from merchants, whales and miners in need of fiat to pay their bills. Increased merchant adoption means falling prices. Also: Every previous bubble and price rise was caused by Markus, Willybot and other Gox shenanigans. With Mark Karpeles out of the game, price can't be sustained in the triple digits forever. The final bubble is still being popped, but in slow motion. We're slowly leaving the delusional three digit price level, and entering a more sane, sustainable level of two digit prices or less.

It is a theory and some of the dynamics you talked about are true but massive adoption and use of Bitcoin should allow the price to sustained high four digits

[pitham1]

I never actually thought that the bitcoin price would become this low again. I thought the price would stabilize at around $500 and now i'm staggered! Especially with no reason as to why the bitcoin price is falling. What do you think will happen to the price? Will it go back up to $1200 as a Christmas miracle?   

This price is a Christmas gift to all of us.
Why not gift bitcoins this Christmas, instead of traditional gifts? 

[jsmit332]

So, any of you think that the price will boom when pay pal start accepting bitcoin?

[rohnearner]

So, any of you think that the price will boom when pay pal start accepting bitcoin?

Maybe , maybe not..! Depends on how paypal accepts it..? till now they haven't shown any intent of accepting bitcoin with wide open hands instead they are trying to get it through backdoor. But in any case it will have impact Minor or Huge, Positive or Negative

[picolo]

So, any of you think that the price will boom when pay pal start accepting bitcoin?

Maybe , maybe not..! Depends on how paypal accepts it..? till now they haven't shown any intent of accepting bitcoin with wide open hands instead they are trying to get it through backdoor. But in any case it will have impact Minor or Huge, Positive or Negative

When Paypal "accepts" Bitcoin it should be very positive for the price

I never actually thought that the bitcoin price would become this low again. I thought the price would stabilize at around $500 and now i'm staggered! Especially with no reason as to why the bitcoin price is falling. What do you think will happen to the price? Will it go back up to $1200 as a Christmas miracle?   

This price is a Christmas gift to all of us.
Why not gift bitcoins this Christmas, instead of traditional gifts? 

I will be buying some in November and December so I would be happy to see the price back up to 1200$ at the end of the year which doesn't mean I will sell, I will just be able to buy less the following months