Where do you think bitcoin will drop to?

[5EC948A1]

I predict $55.49 on Mt.Gox in the next week.

[1715111997]

1715111997

[1715111997]

1715111997

[speedyjonzalas]

Why specualate?

They are incredibly volatile and could go either way.

[ThatBitcoinGuy]

Why specualate?

They are incredibly volatile and could go either way.

And have certainly done so over the past month or so...

[za8bit]

My guess is it's going to keep rising and rising, with bubbles every now and then, but as more people buy into it the value can only go up seeing as not only it's a limited currency but also it's going to diminish as people lose wallets, etc In the meantime it's just going to go up and down as any other currency, maybe a bit more violently but same general trend. And as for right now, my guess is it will settle somewhere in the vicinity of 75 - 100 USD and rise gradually until the next bubble.

[lysr]

Sorry to say that 79 is the bottom for this crash cycle, we are heading towards 130+ again.

[tumblerer]

Seems unlikely it should drop below ~$60-70, as below that GPU mining becomes unprofitable.

I'd assume that as it gets close to this point, supply drops off and the price increases.

[ollip1]

Yes, mining price will set the bottom in the long run.
Therefore alt coins will hava some value too, but how mush is another question.

[FeatherLite]

I had 0.07 (so rich!) and got out at $150 per, I think it will end up hovering between $40- $60.

Great chart reference, thanks for posting those comparable trends

[moltenmich]

There's no telling where it will eventually dip to. I try to make safe(r) exchanges by price averaging. I have my personal midpoint, and I buy in small increments as the price goes down and increase as it goes farther away from my midpoint. I also sell in increments as the price increases above my midpoint. I'm not sure if this is the most effective strategy. I'm basically playing with spare change right now until I feel more comfortable with BTC.  I don't think it'll go below 70 anytime this week. And I doubt it'll go above 130. But in reality I have no clue. And unless you have a lot of money/ expert knowledge you don't either.

[FeatherLite]

Mama always said Bitcoins is like a box of choc o lattes loooool!

[frente]

At one point this year - below $40.

[JoeChmoe]

I think it will stick in the $100- $130 range for awhile due to uncertainty and many people shaken from the crash.

[polymyxa]

200 more or less

[flyG]

I think it may experience another hard crash toward $10, but it will probably go back up $100 at some point.

[yuyu123]

I think we saw bitcoin under 100$ in the last time in history.

[bitdib]

ATM BTC is just going dooooowwwn, where do ya think it'll go?

Buy when low, sell when high, net result gain.

Buy when high, sell when low, net result loss.

[microxp]

ye i agree with u

[rambleshack]

 I think the price will stay in this range in the near future.

[reynoles]

we will die..

[dmcdad]

Based on the chart, I think we have a pretty good floor around $65 to $70. I don't think it will go lower than that, and if it does it will be a volatile dip where it bounces back up immediately. That is, of course, unless something drastic occurs (blockchain hack, etc.) in which case all bets are off and we end up with some private keys that aren't worth the paper they are printed on (assuming an offline wallet here).