How Low Will Bitcoin Go?

[kthejung]

How low do you think the price of bitcoin will drop to before bouncing back up?  I'm going to guess $400 based on past rise and fall trends on charts.  What's your guess and why?

[tolstoy]

$450, just a guess.

[kolev]

How low do you think the price of bitcoin will drop to before bouncing back up?  I'm going to guess $400 based on past rise and fall trends on charts.  What's your guess and why?

Somewhere between $250 and $350.

[Bit_Happy]

Gox has already hit it's bottom Low:$91.50, imo.
The other exchanges should stay above $500 since the growth of BTC in the "real-world" is staggering.

[Sindelar1938]

$450/500 I reckon

[LordMeowMeow]

If we break $500 i'll be surprised.

[koshgel]

It wont break $500

[Sindelar1938]

Yeah, now getting a feeling that we might hold $500

Depends a little on how quixkly mt gox goes down, the quicker the better from a market perspective