[poll] Call the bottom of The Great Bitcoin Crash of 2014

[evolve]

Pull out your crystal balls and make a prediction!

[TERA]

Either support was already found at 530 or support will be found at 400 in about a month from now.

I'm confused by the poll - I guess it's based on gox? Why would you do that?

[evolve]

I guess it's based on gox? Why would you do that?

Gox is the legacy price, and even though noone wants to admit it, Gox still drives the market in a large way.

[TERA]

I guess it's based on gox? Why would you do that?

Gox is the legacy price, and even though noone wants to admit it, Gox still drives the market in a large way.

Gox does drive the market but only with a smaller ratio of effect now. Yesterday gox price was under half of Bitstamp price. Even though it affects the price, it does not actually represent the price of bitcoin.  If I want to buy a bitcoin right now and use it at a merchant or if I want to sell a bitcoin and receive cash right now, it is going to be based on Bitstamp price. The actual mtgox price is meaningless. Nobody actually thinks bitcoins are worth $300 now.

[evolve]

Bitstamp froze withdrawals too, and as far as I'm concerned their price is just about realistic as Gox's regardless of spread.  

If you have confidence in any of these exchanges, I have a bridge to sell you.  I've been here long enough to watch multiple exchanges fold and run with the money, and none of the current ones inspire any confidence in me, tbh.

Not that it matters, really.....this poll is about Gox price (which is leading/driving the crash). If you prefer Bitstamps price, figure out an estimated spread and apply that to Goxs price and vote.  Seems simple enough to me.

[Holliday]

Somewhere around $3500 in late August (Stamp, Gox won't exist by then).

I like ice cream.

[evolve]

300 broken

[bitcon]

gox should have halted trading when they stoppped withdrawals.   now they should just take their site offline

[zby]

If you call it The Great Bitcoin Crash of 2014 - than it should at least be in the same league as The Great Bitcoin Crash of 2011 - when it crashed 95%. That would be around $60.

[evolve]

Give it a few days, its coming.

[keewee]

Under $300 now so that narrows the choices 

[Mythul]

We will set 0-10 for a few seconds.

[Wilhelm]

This is the same as the $32 --> $2 crash and we all know we hit $1100 that year.
Now we went from $1100 --> $600
We will soon start the rise from $600 to $30k