Bitcoin Speculation will it reach $50/-

[subvolatil]

Looking at the   sinking  price  of  Bitcoin do you  guys  think  it  will  reach  $50 or  even less. i give  it another month and  it  will get to  $50.

[escrow.ms]

It's already 77 ;/ wouldn't take longer...

[blackboy]

For sure it'll hit 50. Most of my friends are buying LTC to ride the upward trend once it hits Gox.

[Benson Samuel]

For sure it'll hit 50. Most of my friends are buying LTC to ride the upward trend once it hits Gox.

Doubt if this is the 50 plunge. may settle around 70.

[bitmit_samar20]

Looking at the   sinking  price  of  Bitcoin do you  guys  think  it  will  reach  $50 or  even less. i give  it another month and  it  will get to  $50.

today`s low is $75 and high $91 per bitcoin. Many people dont have idea about future of bitcoin and its price.

By seeing graph at mtgox for 1 month, trend is negative means more people are selling rather than buying... it is really not good at all...

[buysellbitcoin]

I dont think it will hit 50.. But still even if stays at around 65-75 for few more days it will hurt bulls a lot

Cheers

[bitfromit]

It is going to be a rough ride. However, it is barely noticeable on the log scale :

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

[laserwolf]

It is going to be a rough ride. However, it is barely noticeable on the log scale :

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

yes, i'm sure that brings a lot of relief to people who lost a ton of cash

[Benson Samuel]

It is going to be a rough ride. However, it is barely noticeable on the log scale :

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

If the previous dips have taught us anything before, this one is going to spike back very well.

[subvolatil]

I have my doubts that it  will spike.  looks like 2011 all over  again .  the prices dipped bottomed out and  stayed  constant  throught the  year. 
I think it  will  go down to 50 and stabilize around 55-60 i think . 

[buysellbitcoin]

I have my doubts that it  will spike.  looks like 2011 all over  again .  the prices dipped bottomed out and  stayed  constant  throught the  year. 
I think it  will  go down to 50 and stabilize around 55-60 i think . 

There is whole lot of canvas change in Bitcoin from 2011. I doubt it will go to 2011 all over again. Even in the crazy ride of April it was not able to break 50.

Bitcoin does have few challenges at the moment to sort out, but it does have strong fundamentals and buying demand.

Personally I believe it should not go below 65 and on top of that market should recover now from this seventies.

Cheers

[rezurect]

If the previous dips have taught us anything before, this one is going to spike back very well.

Its a question of timeframe. This is bitcointalk and always long term bullish. I see a lot of bull traps, sucker rallies and dumps coming.
this is going to sound like trolling but still : <100$ for the rest of 2013 seems plausible.

[Benson Samuel]

I have my doubts that it  will spike.  looks like 2011 all over  again .  the prices dipped bottomed out and  stayed  constant  throught the  year. 
I think it  will  go down to 50 and stabilize around 55-60 i think . 

It looks more like the July 2012 curve rather than the 2011.

[subvolatil]

I have my doubts that it  will spike.  looks like 2011 all over  again .  the prices dipped bottomed out and  stayed  constant  throught the  year. 
I think it  will  go down to 50 and stabilize around 55-60 i think . 

It looks more like the July 2012 curve rather than the 2011.

Us oldies remember this happening .

[malarkannan]

I would like to buy some when it is cheapest .
Btw what is this *discount code* in buysellbitco.in ?

[drdanishkhan]

well i cashed out my BTC at around 98 or so and bought it back when it reached 73 or so on BTC e.. i think the low this bubble would be around 60 USD so i bought AM shares with my BTC when the flash crash happened.. even if BTC goes to less than 60 i wont be loosing out much coz price per AM share is usually increasin.. What do you guys think about this strategy??

[Benson Samuel]

well i cashed out my BTC at around 98 or so and bought it back when it reached 73 or so on BTC e.. i think the low this bubble would be around 60 USD so i bought AM shares with my BTC when the flash crash happened.. even if BTC goes to less than 60 i wont be loosing out much coz price per AM share is usually increasin.. What do you guys think about this strategy??

I would not expect 60. With Gox's withdrawal problem being fixed and maybe even improved, am sure it will pick up quite soon.

[drdanishkhan]

I dont know the TA still predicts a slow downward slide.. but who know its bitcoins.. Maybe the twins are pumping it up for the ETF..

[americandesi]

well i cashed out my BTC at around 98 or so and bought it back when it reached 73 or so on BTC e.. i think the low this bubble would be around 60 USD so i bought AM shares with my BTC when the flash crash happened.. even if BTC goes to less than 60 i wont be loosing out much coz price per AM share is usually increasin.. What do you guys think about this strategy??

I would not expect 60. With Gox's withdrawal problem being fixed and maybe even improved, am sure it will pick up quite soon.

I second this thought..! People who use other exchanges like campbx etc through Dwolla were waiting for mtgox to get themselves msb registered.
Now that they are done with it. Feds will have to release the funds of mtgox held in dwolla and un-freeze their accounts.

So probably they should be done with those procedures in the next couple of weeks after which people trading btc's start their arbitrage...
I feel it will be back in 100's by aug.!

[malarkannan]

Who here runs http://buysellbitco.in ?
is it trustworthy?