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Author Topic: Where do you think bitcoin will drop to?  (Read 2684 times)
bornloser
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May 04, 2013, 07:56:06 PM
 #61

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

I think you can kiss your forecasting career goodbye. Stay with your dayjob and if you make a prediction, at least be realistic.
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aoshea
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May 04, 2013, 08:57:08 PM
 #62

Wouldn't be shocked to see it drop back down to the 60-70 range. However, I see it has rebounded past 100 so that is a "good" sign for me.

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May 04, 2013, 09:43:44 PM
 #63

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

I think you can kiss your forecasting career goodbye. Stay with your dayjob and if you make a prediction, at least be realistic.

As this month has been a lot of days with Bitcoin for less than $ 100, and even more days for $ 120 more, I think that we can look forward to in the future too.

And certainly we also read headlines like: "never double-digit" or "soon to be single-digit" Smiley

In April, the Bitcoin was 13 days cheaper than $ 100, 14 days cost more than $ 120 and only 4 days for the price from 100 to 120 USD ...


MiningUnited
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May 05, 2013, 09:31:03 PM
 #64

Unless there is a panic, like with what happened with Mt.Gox during the bubble, I don't see BitCoin dropping below $100. It seems to have stabilized and will remain at this mark for a while. It will be a steady decline or rise from here on out, unless there is a major event.

What really needs to happen for a nice steady rise is a NEED for BitCoin. This can be created if more merchants offer BitCoin as a payment method.
yugo23
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May 05, 2013, 10:08:59 PM
 #65

It will never drop below 50$ again.
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May 05, 2013, 11:03:26 PM
 #66

Increased ease of availability is what I am watching for.(Debit card purchases or PayPal for the US customers)  Over $250 easy when this happens.

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May 06, 2013, 12:16:46 AM
 #67

I could see some place like CoinBase doing this with plastic cards. When you make a purchase the purchase total is instantly converted to $USD from your BitCoin balance for the merchant. This way the merchant doesn't have to accept BitCoin.
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