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Author Topic: Speculate here: Call the bottom  (Read 5565 times)
nobbynobbynoob
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April 11, 2013, 06:42:50 PM
 #41

I call $40 as the bottom, same as before. (Given that the bottom in late 2011 was $2...)

It might not go that low at all. Lower could be an amazing third chance at buying in hard. And, my opinion isn't worth anything. Smiley

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April 11, 2013, 06:43:46 PM
 #42

What time period are you guys going for?


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April 11, 2013, 06:48:22 PM
 #43

Callin around $35.
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April 11, 2013, 06:54:33 PM
 #44

$30/$40

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April 12, 2013, 01:30:41 PM
 #45

31,9x
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April 12, 2013, 02:25:10 PM
 #46

30-35$, hoping.

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April 12, 2013, 02:29:32 PM
 #47

$6 USD
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April 12, 2013, 02:29:42 PM
 #48

$20-$25

This would continue from a exponential curve of historical prices excluding bubble periods (a bit of estimation is required for when the current bubble started tho).

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April 12, 2013, 02:56:18 PM
 #49

What time period are you guys going for?

The time untill it reaches the previous all time high again, which would be around 266 $.

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April 12, 2013, 03:17:32 PM
 #50

At the moment I'm going to call around $40, but all bets are off for me until I see how this weekend plays out.

If FIAT runs dry as it often does over the weekend how will that affect the price?
How many people are still in a rush to cash out and take their profits/minimise their loses?
Will new money arrive on the exchanges Sunday/Monday and will people use that money to buy "cheap" coins?

This for me will give us a clue as to whether a more cautious bull run begins/resumes or whether we are entering a long slide down.
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April 12, 2013, 03:24:03 PM
 #51

What is your speculative guess on what the bottom will be this time around?

"The bottom" in this context shall be defined as the lowest point the USD/BTC price will hit before breaking the all time high again.

I say $ 85

$8 within 2 weeks.  I'm revising my previous bottom due to Mt. Gox having all the eggs in their basket right now.
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April 12, 2013, 03:25:13 PM
 #52

$5
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April 12, 2013, 03:35:17 PM
 #53

Just transferred in more fiat and bought in @ 75 (CAD). I don't think we'll be falling much lower and if we do oh well. Most of my pot was purchased @ $5.
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April 12, 2013, 04:06:33 PM
 #54

What the hell, let's say $30. Nothing like previous highs for last bastion support.

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April 12, 2013, 04:23:40 PM
 #55

I recall watching the decline back in the summer of 2011. With the similar complete reversal of sentiment, the drop will be deeper and longer than many new traders expect. People will be afraid to buy even as the price drops past a a fair value to very attractive levels.

My guess: 19 USD/BTC.

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April 12, 2013, 05:43:02 PM
 #56

$13.



It's the same distance from $260 as $2 was from $33. It's the same distance above $5 as $2 was above 75¢.

It's also the price we had back in September-November - the most recent multi-month stable period.

Breaking through the $10-$13 range would require monumental bearish momentum.

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April 12, 2013, 06:11:31 PM
 #57

My guess: 18 USD/BTC. (the last stable price)
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April 12, 2013, 06:52:03 PM
 #58

My guess: 18 USD/BTC. (the last stable price)
last stable price was around $13

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April 15, 2013, 07:18:13 AM
 #59

Approximately 13.50 next September, based upon analogy with the previous bitcoin bubble.
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April 15, 2013, 07:35:39 AM
 #60

Even with the bear market and crash, I think people are too used to seeing double and triple digits to take this thing below $10.  Seen some weekend tips test ~$85-80 but yeah once the weekday money flows, it's hard to call what'll happen.

I'd imagine $50-60 or so as the bottom since coins are so much more widely used now.  But then before the run-up we had, the slant had been gradual to $70 or so.  I don't think we'll slide much past that but hey, I could be wrong.  Crystal balls aren't my thing.

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