Bitcoin prices fall $250 --> $240 where next ? $500 ?

[Morecoin Freeman]

Well the general consensus seems to be prices will go down.
But of course do as you please.

A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight.
Once the bear market is finished there will be plenty of time to buy back in.

When will this bear market end? No one knows...

[inca]

Well the general consensus seems to be prices will go down.
But of course do as you please.

A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight.
Once the bear market is finished there will be plenty of time to buy back in.

When will this bear market end? No one knows...

Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's.

Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term

[okthen]

Well the general consensus seems to be prices will go down.
But of course do as you please.

A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight.
Once the bear market is finished there will be plenty of time to buy back in.

When will this bear market end? No one knows...

Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's.

Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term

Logarithmic downtrend? Didn't even know that was a thing.
What about the uptrend? If there's a up and a down, we'll never know which to follow

[roadbits]

it will go normal now for few days and then again one burst but not very soon

[tokeweed]

Well the general consensus seems to be prices will go down.
But of course do as you please.

A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight.
Once the bear market is finished there will be plenty of time to buy back in.

When will this bear market end? No one knows...

Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's.

Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term

Bullshit, bears see magical downtrends where there are none. If you look at a bigger picture you'll see that Bitcoin is in a long term uptrend. Those who are trying to make you believe that the prices will drop below $100 are projecting their hopes on you. Let's face it some people don't want Bitcoin to succeed, envy others who bought low and can't stand the fact that they will be never able to buy back at $80 and sell at $1000, like it was possible between August and November 2013. You missed your chance whiners

Nope...  

And FYI, that parabolic rise at the end of 2013 was caused by the Willybot manipulating the market.

[Mieehayii]

wish it were true, $500 is a far-away dream for now.

[Lauda]

I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters.
These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much.

[tokeweed]

I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters.
These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much.

Maybe some of them bought at +500 last year. 

[Lauda]

I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters.
These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much.

Maybe some of them bought at +500 last year. 

That's not a maybe, it's quite certain. Due to the high rise in price, they've hoped that it would push further. They bought hoping to get rich quickly. Actually anyone who takes a loss due to this, pretty much deserves it for being a greedy person.

[GrandmaJean]

Upcoming weeks target is around 170-180, stabilize there for a few days up to a week, then hard down to around 100 where we will face some serious resistance that may cause a small dead cat bounce. After that cat dies, bitcoin will likely sink into the forgotten depths to double And single digits to be laughed at in the future.

+1

yeah right pessimists talks like that for over 5 years now and bitcoin still did not fall back to double digits im sure it wont happen now too there always have been and will be pessimistic people

[tokeweed]

Well the general consensus seems to be prices will go down.
But of course do as you please.

A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight.
Once the bear market is finished there will be plenty of time to buy back in.

When will this bear market end? No one knows...

Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's.

Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term

Bullshit, bears see magical downtrends where there are none. If you look at a bigger picture you'll see that Bitcoin is in a long term uptrend. Those who are trying to make you believe that the prices will drop below $100 are projecting their hopes on you. Let's face it some people don't want Bitcoin to succeed, envy others who bought low and can't stand the fact that they will be never able to buy back at $80 and sell at $1000, like it was possible between August and November 2013. You missed your chance whiners

Nope...  

And FYI, that parabolic rise at the end of 2013 was caused by the Willybot manipulating the market.

Nope? We shall see then. Really, all that rise caused by Willy? That's a good one.
Just a small reminder:

In November 2013, BTC China raised $5 million in Series A funding from investors Lightspeed China Partners and Lightspeed Venture Partners.
On 18 December 2013, BTC China announced that it was temporarily suspending acceptance of Chinese yuan deposits, attributing the decision to government regulations, following a 5 December statement from the People's Bank of China (PBOC).


Now look up these dates on a btc price chart and compare.

k

[Amph]

I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters.
These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much.

Maybe some of them bought at +500 last year.  

That's not a maybe, it's quite certain. Due to the high rise in price, they've hoped that it would push further. They bought hoping to get rich quickly. Actually anyone who takes a loss due to this, pretty much deserves it for being a greedy person.

there were many newbie who bought at 500+ and even 1000+, those people now are afraid of buying again of course, and i'm not surprised if they told to their friends to not buy anymore until the price is 50 or something, this is another reason why bitcoin isn't rising

those people are the majority, bitcoin need their support, otherwise the price will stuck at current value forever(unless some willy bot come into play)

[tokeweed]

[MF Doom]

The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ?

I think there is no doubt that there is hope for bitcoin, but short term looks like price is not yet rock solid. might be another 6 months before that

[botany]

I'm sure it won't going to $500
Maybe around $230 to $250 in this week

$500 is still far away from now

It is amazing that we are talking about prices doubling in a week.
Not with Bitcoin, not with any other asset class.

[Lauda]

there were many newbie who bought at 500+ and even 1000+, those people now are afraid of buying again of course, and i'm not surprised if they told to their friends to not buy anymore until the price is 50 or something, this is another reason why bitcoin isn't rising

those people are the majority, bitcoin need their support, otherwise the price will stuck at current value forever(unless some willy bot come into play)

It's not a problem with being a newbie. The problem is that everyone around here seems to think that they are a professional trader if they buy into a few altcoins and Bitcoin. This is completely wrong and they get burned often. This is why we have drama from time to time.
Such people deserved it. Bitcoin was not intended to be bought and held. It's supposed to be a currency.

[bytezero]

If you are bullish on them long term you try to buy on the dips.

[Coinshot]

The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ?

It is simple, if it can go to some 370 then the downturn is over and we will see rallies. On the other hand if it dips below 200, it can easily go to low 100s.

The current sideways movement is not indicative of a rise. I think it is loaded more towards a downturn but lets wait and see.

[networthsigns]

The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ?

It is simple, if it can go to some 370 then the downturn is over and we will see rallies. On the other hand if it dips below 200, it can easily go to low 100s.

The current sideways movement is not indicative of a rise. I think it is loaded more towards a downturn but lets wait and see.

That is some theory you have there if it can go to 370 we see rallies do we, so not massive dumps? Oh and if we go below 200 it can "easily" go to low hundreds because it has done this before hasn't it? No last time we dipped below 200 we flashed to 166 for about 1 minute before going back up to 190-200 pretty much instantly. So yeh lets wait and see would be the best advice lol. OP we won't be going back to 500 anytime soon there is far to much selling pressure from both noobs and whales.

[mrhelpful]

If theres too much supply of bitcoin available the price is going to drop, due to demand being less and less.

Yeah, it can go up a few $50 but itll retract to its natural state of supply and demand.

You can argue with price all you want, but the fundamentals wont change. Unless something drastic happens, which I dont see happening of a huge new number of users coming out of nowhere to buy it.