BTC @ $523 Holy Shit

[vodaljepa]

Any idea what the bottom will be?

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[subohms]

don't know to late to sell getting ready to buy!

[TeeBone]

Double digits by 2017

[bittraffic]

investors will realize its a good time to buy. price will go up eventually

[a7mos]

Double digits by 2017

really ? do you think the price will ever go under $100 again ! there are a lot of people around the world that would buy bitcoin with more expensive prices. it is impossible to happen IMO

[Schuyler]

Let the weak hands be shaken out. I am going to buy some at these levels and see what's going to happen from here. There was so much optimism in the last month or so, with some even saying that price is going to reach $1000 by July. And here we are now at $560.

[MatTheCat]

is crypto done???

[yhansky]

Any idea what the bottom will be?

420$ thats why i already exchamge my bitcoin into fiat when it was at 620.
I cant hold it much longer,already loss some profits .

[talks_cheep]

I'm sounding like a broken record here, I've been saying we'll see 500, 400, 300 and even 200. All before November/December this year when it will rocket to 1000.

[bL4nkcode]

This is a good oportunity for some traders out there its time buy bitcoin while the price is still low and sell when its high.

If all traders do this and others just hold there coins before july the price of btc will increase again.

 Dont panic because everything works as what it is,

Cheers.

[stiffbud]

Maybe we will go back to a stable price around $400 where it was originally at before the pump happened.

[The Sceptical Chymist]

Double digits by 2017

really ? do you think the price will ever go under $100 again ! there are a lot of people around the world that would buy bitcoin with more expensive prices. it is impossible to happen IMO

Well it certainly could, but sentiment has been generally bullish lately--this latest drop notwithstanding.  It would take something way better than bitcoin to drop bitcoin below $100.  I don't know what caused this latest dump.  More sellers than buyers is what I always say, and that's the best way of explaining it, for me at least.  We'll see what the halving brings.

[Edwardard]

I'm sounding like a broken record here, I've been saying we'll see 500, 400, 300 and even 200. All before November/December this year when it will rocket to 1000.

i dont understand that why are you saying that price will skyrocket in nov/dec ? is there any special event in that months ? i understand that btc will skyrocket in this halving on july but what is going to happen in nov/dec. ?

[Shinpako09]

Were still at $500+ price and that is still a good price imo, right? Theres nothing new with that it always happen after a big pump that price will go down.

[lemipawa]

I'm still positive that by next week it will go aback to $600 level, maybe that Bitfinex maintenance scared the hell of those holding some coins and made them sell. I'm looking at preev now and it's already at $590. If everything goes back into place we might see $600 to $650 next week.

[Joel_Jantsen]

investors will realize its a good time to buy. price will go up eventually

How is it a good time to buy when the price is on a falling streak ? I mean you can still have a rough estimate that it is going to fall below the average point.Better to wait until it hits a stable rate to buy.You can get coins for much cheaper that way.

I'm sounding like a broken record here, I've been saying we'll see 500, 400, 300 and even 200. All before November/December this year when it will rocket to 1000.

Isn't halving suppose to be around July ? Why wait for November/December ? What's the point of holding it for that long and what's the guarantee ? I feel the safest thing to do right now is sell when you the prices are even a little bit above margins.

Maybe we will go back to a stable price around $400 where it was originally at before the pump happened.

I feel the same.Infact I'm having second thoughts of it going below that and staying there for a long time.