Where do you think bitcoin will drop to?

[jdot007]

I don't know where is going $70-$80's maybe but what was more interesting to me
is that I think gold & BTC "popped" @ around the same time. 

[zeroday]

Yes, I agree that we are facing significant crash. USD is really in a bubble now. It will fall back to $266 per 1 bitcoin and then will steadily continue going down.

[mrgoodcat1509]

60-70 is my guess

[MA5H3D]

I think we'll see it go below $70 this weekend, then it'll start rising again. Complete guess tho.

Is there a prize if I get this right?

[MiningUnited]

Is the drop from manipulation or panic selling?

[just_me]

.02 cents US after they outlaw btc

[doom309]

I'm new to Bitcoin but not to trading.

the bitcoin charts look like 99% of the previous bubble charts in all manner of commodities (actually, futures contracts) and stock markets.  The recent bubble is an old repeating record to my eyes.

Currently bitcoin is in a short term down trend (bear market)

yes, a lower high around the 90 or so mark would confirm bears have settled in

[Skybits]

I think the BTC rise is over, it can't sustain a high like $266 again. I got in around 90 but now im just looking when to get out, maybe wait till it rises past $100 again. There's always a bull market somewhere, but not here. 

[Jarunik]

I think it will drop to 50$ or lower. Just my gut feeling.

[MiningUnited]

I agree. If the ball gets rolling downhill I think past history shows panic selling will set in and the price will fall, hard. If anyone is taking a beating and lost some $USD since the fall, check us out at MiningUnited.com and earn back some of that BitCoin value! 

[rosatambo]

Looking at the market depth chart, there seem to be many more buy orders than sell orders.  I'm not a technical analyst, but the trend (for the next 10 minutes anyway) seems to be back up.

[rudeguy]

I agree. If the ball gets rolling downhill I think past history shows panic selling will set in and the price will fall, hard. If anyone is taking a beating and lost some $USD since the fall, check us out at MiningUnited.com and earn back some of that BitCoin value! 

Nice plug- giving MiningUnited a try 

[vesper39]

Hopefully it doesn't fall below 70s.

[jetset220]

limitless is a scammer...

my pm to limitless (admin can verify)

"I'll trade you 4000 CNC for 45 LTC"

If he did not take that deal , I will for 42.5 ltc's (all I have left in my account).

what is your ltc addy?

Thanks,
Ray

-----

limitless' reply pm to me: (admin can verify)

He didn't reply to my messages...

LhgPT9f6SmW9qpXWkSCmx1vjhdsT1cMjdu


What's your CNC address ?

-----

 Here is my btc-e.com transaction history showing me sending him the 42.5 ltc's plus .5 fee

http://s2.postimg.org/gnmhzfibd/ltcshot.jpg
#28791523   -43 LTC   Withdrawal LTC to address LhgPT9f6SmW9qpXWkSCmx1vjhdsT1cMjdu


You have been warned,

Ray

[bornloser]

Edit.. I don't know. I dont want get yelled at for having an opinion.

[prophetx]

$50's easy. 500000 share block was sold earlier today. mt gox had to step in and become a buyer. otherwise it would have been another freefall.

yea i would say it is $50 by end of next week

plus all the other alt coins that don't take forever to transfer between exchanges

[bornloser]

So much uncertainty with everything surrounding bitcoin its a tough call. Seems like there are alot of predictions of it going lower, I say we go up from here.

[dumbflex]

So much uncertainty with everything surrounding bitcoin its a tough call. Seems like there are alot of predictions of it going lower, I say we go up from here.

I agree. I think the correction due to recent events is over. If nothing critical happens bitcoin goes up.

[BitcoinUK]

those caring about the longevity of bitcoin should not worry about the high prices. but look at the monthly low prices

i read somewhere else that someone already looked into this and found

February low was $20
March low was $33
April low was $51
and May low so far is $79

which shows an uptrend on the base rate. the highs are pure speculation and will ramp up and down where ever they want but as long as the lows show a natural rise where people get to a point that they wont sell any lower then a certain level then this is good for the long term life of bitcoin.

[bornloser]

good observation +1