Worst Case Scenario - Price Predictions?

[Opsamk]

I sense a crash coming. Share your floor predictions.

[T.Stuart]

No crash is coming. You're thinking in pre-2014 terms. Market sentiment is transformed now. Any selling in the future will happen slowly and deliberately as you can see from the past few weeks, and using previous crash data to calculate lows will fail. 

[fonzie]

We will see 2-300$ coins this year again, maybe not not this weekend. But rather expect sooner than later.

[Denton]

Depends on the scenario. If the USA, EU and China ban bitcoin <30$.

[T.Stuart]

Depends on the scenario. If the USA, EU and China ban bitcoin <30$.

Yeah right - if Bitcoin gets banned in the whole world then I reckon around $25 per coin is the right value. 

[jubalix]

Depends on the scenario. If the USA, EU and China ban bitcoin <30$.

Yeah right - if Bitcoin gets banned in the whole world then I reckon around $25 per coin is the right value. 

super cheap coins, I can only dream....

[piramida]

$800 actual gox bottom, $650 if some major FUD comes out in the following weeks, $500 if proudhon's sources are correct

[trepper]

No crash is coming. You're thinking in pre-2014 terms. Market sentiment is transformed now. Any selling in the future will happen slowly and deliberately as you can see from the past few weeks

Your btc market empathy is quite impressive !
And it's too bad that you wait till november 2013 to share with all forum members your insightful long term analysis 

[aminorex]

450 stamp is where the bottom of a logarithmic channel meets the falling resistance from Jan 5th.  I can't construct anything meaningful lower than that.

[Ibian]

0. That's the worst case scenario. Glad we got that sorted.

[gog1]

$800 actual gox bottom, $650 if some major FUD comes out in the following weeks, $500 if proudhon's sources are correct

proudhon is full of BS, provide links to some Chinese government site to make the FUD look authentic while none of the links contain anything about BTC.

[adamstgBit]

$800 actual gox bottom, $650 if some major FUD comes out in the following weeks, $500 if proudhon's sources are correct

[Denton]

$800 actual gox bottom, $650 if some major FUD comes out in the following weeks, $500 if proudhon's sources are correct

They are official Chinese sources so obviously they're correct.

[Holliday]

You want a worst case scenario price prediction? $0.

Unless you think there is a possibility that in the future you will have to pay people to take your bitcoins.

[Holliday]

Depends on the scenario. If the USA, EU and China ban bitcoin <30$.

We all know that prohibition always makes the thing being prohibited less valuable.

The freedom to transfer value without permission or middlemen is more important to me than ingesting substances which governments around the world have outlawed. We all know how well that worked out.

Bitcoin was designed to be ban proof from the start.

[jeffg]

Depends on the scenario. If the USA, EU and China ban bitcoin <30$.

We all know that prohibition always makes the thing being prohibited less valuable.

The freedom to transfer value without permission or middlemen is more important to me than ingesting substances which governments around the world have outlawed. We all know how well that worked out.

Bitcoin was designed to be ban proof from the start.

True, but then only people will invest who really need bitcoins (drugs, guns, etc). I think currently at least 90% of the investors just want to get rich LEGALLY. Banning bitcoin will definetly have huge impact on the market cap.

[Denton]

Depends on the scenario. If the USA, EU and China ban bitcoin <30$.

We all know that prohibition always makes the thing being prohibited less valuable.

The freedom to transfer value without permission or middlemen is more important to me than ingesting substances which governments around the world have outlawed. We all know how well that worked out.

Bitcoin was designed to be ban proof from the start.

Can't agree with that. As you know Bitcoin was designed to have progressively lower block rewards, while mining revenue was supposed to increasingly come from transaction fees. This means that as time goes by a larger price and volume become necessary to keep mining profitable. By banning Bitcoin governments can destroy every chance of mainstream adoption while leaving Bitcoin a much smaller part of the economy in which it can operate. The price would crash leaving many ASICS unprofitable making the network much weaker. It's role as a transfer of value would be severely damaged because of the difficulty to exchange it for fiat as no formal exchange can exist anymore.

[Ducky1]

I sense a crash coming. Share your floor predictions.

I also sense a crash, but not in bitcoins. Fiat crash is coming to a stock market near you.

http://www.zerohedge.com/news/2014-01-17/terrifying-technicals-chartist-predicts-anti-fed-revulsion-and-plunge-sp-450

S&P 500 -> 450 (now 1830,70)

[SilverandBitcoins]

0. That's the worst case scenario. Glad we got that sorted.

Wow, this post is right on the money.  Zero is the worst case scenario.  I think zero is impossible though - you can always find someone willing to buy something, so maybe it can go down to a few pennies, or something like the price of DEVcoin where it's worth .0004 U.S.D.

[SilverandBitcoins]

It's kind of funny...everyone's talking about/predicting a crash, yet, yesterday, last night and all day today so far it's stayed the same and hasn't crashed at all.