Bitcoin Forum
May 05, 2024, 11:55:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How Low Will Bitcoin Go?  (Read 1415 times)
kthejung (OP)
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
February 21, 2014, 02:22:59 AM
 #1

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?
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714910156
Hero Member
*
Offline Offline

Posts: 1714910156

View Profile Personal Message (Offline)

Ignore
1714910156
Reply with quote  #2

1714910156
Report to moderator
1714910156
Hero Member
*
Offline Offline

Posts: 1714910156

View Profile Personal Message (Offline)

Ignore
1714910156
Reply with quote  #2

1714910156
Report to moderator
tolstoy
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile
February 21, 2014, 02:29:39 AM
 #2

$450, just a guess.

kolev
Member
**
Offline Offline

Activity: 94
Merit: 10

My name is Nikolay and am a webaholic.


View Profile WWW
February 21, 2014, 02:32:48 AM
 #3

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.

Bitrated user: nikolay.
Bit_Happy
Legendary
*
Offline Offline

Activity: 2100
Merit: 1040


A Great Time to Start Something!


View Profile
February 21, 2014, 02:40:36 AM
 #4

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
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
February 21, 2014, 04:20:42 AM
 #5

$450/500 I reckon

LordMeowMeow
Sr. Member
****
Offline Offline

Activity: 617
Merit: 250


View Profile
February 21, 2014, 04:21:59 AM
 #6

If we break $500 i'll be surprised.
koshgel
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


View Profile
February 21, 2014, 04:46:16 AM
 #7

It wont break $500
Sindelar1938
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
February 21, 2014, 05:09:22 AM
 #8

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

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!