$350 will be the bottom

[ingiltere]

Even the worst FUD can't put back Bitcoin under 350$ so I think this place is already a new bottom. I'm buying regularly under 400$ already, when we see 360-370$ I'll buy more. These are great opportunities before block halving.

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[socks435]

Well i think the price is nearly to 350 but i think it will true not on 5 or 6 months but i think sooner or later or this february the price will dump back to 350. if the price reach 368 this is the sign that the price will dump again below 360..
But even it will happen i will still holding my coins because if i sell it i lose some of my coins in exchanger...

[traderbit]

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.

Currently yeah, that is the bottom, but it is just too long if you think for the next 5-6 months, i think by February or March the bottom will be $400+

[MaritiJames3]

Well i think the price is nearly to 350 but i think it will true not on 5 or 6 months but i think sooner or later or this february the price will dump back to 350. if the price reach 368 this is the sign that the price will dump again below 360..
But even it will happen i will still holding my coins because if i sell it i lose some of my coins in exchanger...

We haven't seen the bottom at all. It could be the real bottom is still somewhere at 200 dollar. I don't hope it but it could be.
Maybe it was a pump after all...

[richardsNY]

Even the worst FUD can't put back Bitcoin under 350$ so I think this place is already a new bottom. I'm buying regularly under 400$ already, when we see 360-370$ I'll buy more. These are great opportunities before block halving.

It can. If Mike Hearn can create so much panic with his trash talk, then an other prominent Bitcoiner can make things even worse and make the price sink lower than the $350 that we previously almost touched. Everything is possible and the panic noobs will never change. These guys are way to desperate.

[The Sceptical Chymist]

This section of bitcointalk should be called Wild Guessing instead of Speculation--I think it'd be more accurate.  But seriously OP, you pulled that number out of your ass.  I could just as well say that $391.7 (bitcoin price as I write this) is the bottom +/- $2.00.  And I'd have no basis for saying so.

I'm hoping for a price increase and I'm buying bitcoin in anticipation of this.  That's honest and accurate.

[afbitcoins]

Might be that bottom is already in

[eon89]

Well it seems that it dropped again almost 10$ from 400$ to 390$. It's a bit more unstable than I'd like it to be.

[romero121]

Well it seems that it dropped again almost 10$ from 400$ to 390$. It's a bit more unstable than I'd like it to be.

Thats fair its based on todays start of market, So it can't be predicted a small drop makes it unstable. The value is quiet in its increasing path with little fluctuations which is essential for a growth in value. Now I think $370 seems to be the bottom value

[Nameless Coin]

I think $300 will be the bottom, from there it goes high again to a high amount, bitcoin has a great future but the only thing is, its very unstable nowadays.

[coinzat]

In my opinion, we can not call $350 as the bottom because if some kind of bad news appears like what happen two weeks ago, a lot of people will sell their coins cheaper and the price will reach lower prices. so I think we can not know the bottom unless the block debate ends

[Lutzow]

It could be dropping since there's no positive news to push it up and the whales could be waiting for the consensus before they put in more funds to push the market price. The ones who bought it last $360 are one by one doing their sell orders that's why there's a gradual decrease in price.

[1Referee]

It could be dropping since there's no positive news to push it up and the whales could be waiting for the consensus before they put in more funds to push the market price. The ones who bought it last $360 are one by one doing their sell orders that's why there's a gradual decrease in price.

We have had plenty of positive news in 2015 but the effect on the price was next to nothing. Right now it's purely the block halving that is driving the price. We just have to wait for the Chinese pumpers on OKCoin and Huobi to start the action.

[Altynbekova]

I am afraid that the bottom is somewhere closer to $300 instead of $350.

The bottom price will be around 300 dollars. From there it will rise again to a high amount.
In my opinion this will happen soon.
We will of course still have the halving first, I think it will hit a high amount and than gets lower by time and higher again.

[eon89]

Drop to 300$? I really doubt it. I can't imagine what should happen that the value would drop so low.

[richardsNY]

Drop to 300$? I really doubt it. I can't imagine what should happen that the value would drop so low.

We have seen what panic sellers can do with the price several times before already. If there is some bad hacking news with an exchange as big as bitfinex, then it can get the price even lower than $300.

[interbtc]

Drop to 300$? I really doubt it. I can't imagine what should happen that the value would drop so low.

Before running up, it was stable at around ~230, so it wouldn't be a surprise if it drops to 300. The only thing im certain of is that possible drops
this year wont last long. (the longer you build up pressure, the stronger the bang you get, i guess)

[LarryHocks]

I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

[romero121]

I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

Don't ever compare it with such stuff, which is in the unknown state. Bitcoin is progressing with a unique technology which make competitors difficult to get adopt to the tech. The statement is really true at any point bitcoin won't go down the price of 350$

[Lutzow]

Good thing that the community thinks highly of bitcoin, that way even if we reached $300 mark surely there will be a lot of buy orders and that will bring the price back up.