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Author Topic: How Low Will Bitcoin Go?  (Read 1415 times)
kthejung (OP)
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February 21, 2014, 02:22:59 AM
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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?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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tolstoy
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February 21, 2014, 02:29:39 AM
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$450, just a guess.

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February 21, 2014, 02:32:48 AM
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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.

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February 21, 2014, 02:40:36 AM
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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.

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February 21, 2014, 04:20:42 AM
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$450/500 I reckon

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February 21, 2014, 04:21:59 AM
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If we break $500 i'll be surprised.
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February 21, 2014, 04:46:16 AM
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It wont break $500
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February 21, 2014, 05:09:22 AM
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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

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