The price is below 400$, What next?

[dranster]

The price is going down. I expect it to reach below 350$.

What are your thoughts?

[K128kevin2]

The price is going down. I expect it to reach below 350$.

What are your thoughts?

My prediction would be just under $350, and then it starts rising back up. It's hard to say in these situations though. Maybe it would help to look at similar crashes in the past and see how far they went down by %.

[dinda22]

I am also quite confused, whether its time to sell panic or time to buy some bitcoin. but it looks like it will fall to $350

[Mr.grin]

wait and see, the price will definitely go up again, this will only take place quickly, but it's still my prediction, but I think it must be true

[ask]

Up up up

[OmegaStarScream]

Price will more then likely go up again , So it's definitely the best time to buy , also this crash is probably because of the Cryptsy crap that's going on .

[dranster]

Not to mention quitting of Mike Hearn as well

[OmegaStarScream]

Not to mention quitting of Mike Hearn as well

Honestly ? I don't see why he got so much attention , because for me ... he is just another guy who gave his opinion and that's it . If he think that Bitcoin is going to die then this is his opinion and he is free to think whatever he wants , but whoever took his words seriously and really started selling and dumping his coins is dumb IMO .

[CoinCidental]

Bitcoin will die because 1 guy says so.  ..  Lol

I hope nobody dumped their coins after hearing this....

I would guess someone paid him to make that statement to upset the market and, he probably still has his coins....

[DomesticTrader]

People are panicing now. Good for me to buy cheap bitcoins

[dranster]

I will just wait till this weekend and make my moves later. This might be some conspiracy to defame Bitcoin

[sana54210]

People are panicing now. Good for me to buy cheap bitcoins

Absolutely right. This is just a buying opportunity. Only panic sending is witnessed in almost every exchanges. Because $400 was a big resistance but it got broken in the first attempt itself. So, we can expect a short bounce back of bitcoin prices from this level.

[--Encrypted--]

I don't think it will go any lower than $380. most people seem to think that this is a perfect buying opportunity because some stuff have been settled. I personally agree with them.

[SmartIphone]

What happens that the price today is $-39.93 ? anyone can explain it! i don't think it's a dump

[Skjöld]

I find that this is quite awesome how panick is something common in the Bitcoin world. We're not talking about an altcoin. Why those guys, that yesterday said that Bitcoin was all there life now panick and sell ? I'll never understand...

[boopy265420]

I don't think price will drop under 350$ and if somehow this happens will be for temporary or short period of time because we are going towards halving of blocks and then under 350$ in no way mining will be profitable.We should expect and sudden rise in price as soon as this planned drama will be over.

[pumz]

This is an opportunity for those who understands the nature of Bitcoin how its works really.This is a trading tactic to get more profit by bringing unexpected situations into Bitcoin universe timely.

[maokoto]

I think Mike Hearn does have influence on this. If it is true he sold his coins, that should be quite an amount too. Investors do read that things, I am not saying it is all due to that, but I think it has a % of influence.

[bajing]

maybe price will drop to $350 so i waiting bitcoin fall to the that price for buy some coins but im so confused why price fall fast.

[wzrdtales]

maybe price will drop to $350 so i waiting bitcoin fall to the that price for buy some coins but im so confused why price fall fast.

Maybe some kind of swarm stupidity.