BTC excitement is over, value going down.

[Jaroslaw]

Down to $91, but don't worry, it'll be $1k by end of this year, right? wink wink

Actually the latest news regarding the Bitcoin ETF are slightly bullish and got a lot of media coverage. If it gets accepted the $1k Bitcoin may very well come true.

Its so bullish that pre price goes to the mooon at 92

[culexevilman]

We had our chance when the media helped people to discover BTC earlier this year, but now the excitement is over, common sense coming back, and value going down. Post about how high it will go is useless, since the value is going down not up. So the real question is how low will the value go? And how soon? Probably a long gradual decline until someone dumped their big stash on the market to make it flash drop value further reducing confidence. GG

...I will continue to just buy asicminer shares,cause it will skyrocket...look at their HW sales.

[ft73]

...I will continue to just buy asicminer shares,cause it will skyrocket...look at their HW sales.

... as long as BTC is going down (not too much thought).

[jinni]

If Bitcoin ends the year at 100 USD, we are lucky. After the 2011 bubble, it fell from 31 USD back down to 2 USD. A similar fall would bring us to 17 USD. But as the top was less extreme this time, the fall will also be less steep. As long as nothing special happens, we will see a continuing downtrend and end the year somewhere between 50 USD and 100 USD. In 2015, when media will have forgotten about Bitcoin again, we will be ready for the next bubble which will bring us to over 1000 USD.

I was all the time planning on $100 by beginning of 2014 and I would consider anything beneath that a great buying opportunity.

A fall to $17 won't cause me to even break a sweat even though I bought in higher because it is just a great chance to get to BTC100 at which point I will be more than happy to withdraw from buying and hoarding and be happy with having my entire pension secured and I can pretty much cross that worry off my list.

The next bubble will surely bring us over $1000 by 2015, but I think another drop will be in store and we will be back up to $1000 by 2016.

This is all assuming the fiat-based economy keeps muddling on. If it doesn't, Bitcoin will skyrocket faster than even the most bullish bulls ever imagined.

[mco65]

If Bitcoin ends the year at 100 USD, we are lucky. After the 2011 bubble, it fell from 31 USD back down to 2 USD. A similar fall would bring us to 17 USD. But as the top was less extreme this time, the fall will also be less steep. As long as nothing special happens, we will see a continuing downtrend and end the year somewhere between 50 USD and 100 USD. In 2015, when media will have forgotten about Bitcoin again, we will be ready for the next bubble which will bring us to over 1000 USD.

I was all the time planning on $100 by beginning of 2014 and I would consider anything beneath that a great buying opportunity.

A fall to $17 won't cause me to even break a sweat even though I bought in higher because it is just a great chance to get to BTC100 at which point I will be more than happy to withdraw from buying and hoarding and be happy with having my entire pension secured and I can pretty much cross that worry off my list.

The next bubble will surely bring us over $1000 by 2015, but I think another drop will be in store and we will be back up to $1000 by 2016.

This is all assuming the fiat-based economy keeps muddling on. If it doesn't, Bitcoin will skyrocket faster than even the most bullish bulls ever imagined.

For your sake, I hope you are right!

[Jozzaboy]

If Bitcoin ends the year at 100 USD, we are lucky. After the 2011 bubble, it fell from 31 USD back down to 2 USD. A similar fall would bring us to 17 USD. But as the top was less extreme this time, the fall will also be less steep. As long as nothing special happens, we will see a continuing downtrend and end the year somewhere between 50 USD and 100 USD. In 2015, when media will have forgotten about Bitcoin again, we will be ready for the next bubble which will bring us to over 1000 USD.

I was all the time planning on $100 by beginning of 2014 and I would consider anything beneath that a great buying opportunity.

A fall to $17 won't cause me to even break a sweat even though I bought in higher because it is just a great chance to get to BTC100 at which point I will be more than happy to withdraw from buying and hoarding and be happy with having my entire pension secured and I can pretty much cross that worry off my list.

The next bubble will surely bring us over $1000 by 2015, but I think another drop will be in store and we will be back up to $1000 by 2016.

This is all assuming the fiat-based economy keeps muddling on. If it doesn't, Bitcoin will skyrocket faster than even the most bullish bulls ever imagined.

You have a fair point. We value our finite currency to a currency which they freely print. Should the economy collapse, you are damn sure there will be a run to safe havens.

[kokjo]

i heard this before... i give 2 mouths to a year, and we are up again.

[KWH]

$80 - $90 is still pretty good considering BTC was around $3 - $4 when I started mining. If I am making money, I'm excited. 

[samson]

as long as Gox price stays > $88 ...

If you really want your extremely drawn out bear market, borrow a bunch of coin and go sell price below $88 on Gox.  And stop making these ridiculous threads.  Put your (or someone else's) money where your fingers are.

Done

[tokeweed]

as long as Gox price stays > $88 ...

If you really want your extremely drawn out bear market, borrow a bunch of coin and go sell price below $88 on Gox.  And stop making these ridiculous threads.  Put your (or someone else's) money where your fingers are.

lol you may need to gather 1.21 JiggaWatts of power to do so 

yes, and please go to 2140 and tell us what the price of btc is by then.