Call the Bottom Here !

[Ailure]

I'm getting the feeling is that 576 USD is about as low it would go... at least for mtgox. It could hit 1000 by the end of the year again too (but I rather see it stabilize somewhere in the region of 600-800 than oscillate).

[Pooyan]

$-25

They're gonna have to start paying us to buy these things.

[proudhon]

I'm getting the feeling is that 576 USD is about as low it would go... at least for mtgox. It could hit 1000 by the end of the year again too (but I rather see it stabilize somewhere in the region of 600-800 than oscillate).

This.  I get the feeling the bottom is in.

[freequant]

These are my thoughts, call the bottom here !

Bottom! here!!

[seleme]

I'm getting the feeling is that 576 USD is about as low it would go... at least for mtgox. It could hit 1000 by the end of the year again too (but I rather see it stabilize somewhere in the region of 600-800 than oscillate).

This.  I get the feeling the bottom is in.

Too early imo, still most of Saturday and whole Sunday in front of us.

We'll go below 600 again imo, don't have idea how far below.

[wasubii]

my shot in the dark = $450

I think we will find the bottom within 2 days and recover/stabilise

[davidgdg]

On each of the previous three boom bust cycles the low has always been between 2 and 2.5 times the previous peak. This gives a low this time around of 540 to 670 (2 - 2.5 x 270) which is pretty much exactly what we are seeing. Anything below 500 is unlikely and would be  an excellent buy.

[bitleif]

These are my thoughts, call the bottom here !

Bottom! here!!

That was both clever and possibly accurate.

[Light]

Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.

[davidgdg]

Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.

Based on history (!!!) the next cycle will occur sometime in the next 6-18 months (probably closer to 6 than 18) with a rise to 5-10 k and a subsequent fallback to 2.5 to 3k.

[Wilhelm]

Bottom is in now. It will rise now and new people will get confidence and buy more coins making it shoot to 10k before january 1st ( last bit is wishful thinking ;-) )

[eindbaas]

I think the bottom will be between 10 - 10000 dollars this year.

[Tzupy]

1,242 / 266 * 50 ~= 233. Based on the current look of the market, between 200$ and 300$, and it will take several days to reach it.
Of course, if the market will look a lot different tomorrow, this estimate won't hold. It's simply too early to call the bottom.

[T.Stuart]

In my opinion people are playing toss the dead cat right now 

[jamesc760]

We heard you already, kuroth. Stop the inane bragging.

[beaconpcguru]

It took less coins to cause this panic than the drop from 900-450 with a slightly better drop.  Said person has been continuously dropping a nice round hundred every 10 minutes trying to keep the bars of blood coming, but I think we already found a rough bottom with a sparkly top waiting to be breached again.. sideways for now and a slight manip. dip in the short term while the market decides if they are going to get the ledgendary 100$ coin.

[HeRetiK]

Better question: When are you guys going to buy in again?

[Money Raccoon]

Better question: When are you guys going to buy in again?

When it falls again which will be in the next 24 hours and somewhere near the bottom.

Also, to add, it's not going to be $1000 anytime soon. Confidence is low, fear is up. We're in a downward trend! Those that think we're going to hit $1000 are in denial or simply having a laugh.

[GigaCoin]

Honestly, I think we'll see it get to as low as $500 USD sheerly because of the psychological factor of a nice number (just as we started hitting walls at around ~$100 and ~$1000). As to how long it stays there, and whether it returns to peak levels that is really anyone's guess.

Based on history (!!!) the next cycle will occur sometime in the next 6-18 months (probably closer to 6 than 18) with a rise to 5-10 k and a subsequent fallback to 2.5 to 3k.

damn it, this is the worst part i hate waiting for these cycles 

[I_bitcoin]

We have already seen the bottom we are now bouncing off of resistance