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Author Topic: Price back to 400$  (Read 5625 times)
gondel
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June 14, 2014, 09:51:53 AM
Last edit: June 25, 2014, 02:33:28 PM by gondel
 #1

Do you think that the price of BTC will go back to 400$ or less ? Was this price of 600$ too much? Is it a bubble popping again?
Tell what you think!
BR
Gondel

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June 14, 2014, 10:07:52 AM
 #2

If the price drops soon below 450$, then the uptrend is broken and sometime later it will drop below the previous low of 340$.

Sometimes, if it looks too bullish, it's actually bearish
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June 14, 2014, 10:09:44 AM
 #3

No it will not. Just relax and wait a week and the price will stabilise back above 600.
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June 14, 2014, 10:12:53 AM
 #4

It's just the Silkroad coins. The drop is so they can be bought cheaper. Nothing more, nothing less.
Relax, sit back and try to buy some Wink
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June 14, 2014, 10:13:40 AM
 #5

No, I don't think that the price will drop down to 400$, that's a too big drop !

When the month of June will pass, price will mantain stable above 600-700$ Smiley
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June 14, 2014, 11:17:49 AM
 #6

It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$

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June 14, 2014, 11:22:04 AM
 #7

It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$

Not good news for us others - who won't buy them. If they buy low and we bounce back, they have the opportunity to dump.
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June 14, 2014, 11:33:37 AM
 #8

Possibly depending on how the markets react to the news
Seeing as a 51% network hashrate is not causing a problem and the market has factored in the sale of the FBI bitcoins
And their still being a general positive sentiment from merchant adoption don't see a drop coming yet Smiley
When merchants start converting bitcoins to fiat at a large scale though it might put a temporary downward pressure on the price though.

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validium
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June 14, 2014, 12:15:30 PM
 #9

It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$

Not good news for us others - who won't buy them. If they buy low and we bounce back, they have the opportunity to dump.

I guess there isn't much we can do as the doj will eventually sell them at some point

coinft
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June 14, 2014, 12:19:24 PM
 #10

It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$

Not good news for us others - who won't buy them. If they buy low and we bounce back, they have the opportunity to dump.

Aside from short term price fluctuations, long term it is very good this chunk is held by enterprising people, not a govmnt with questionable motives. Even if they mean no harm, the doubt and fear of a future selloff would remain. Also they can't easily declare bitcoin itself illegal after selling it, which limits further law making to regulate how you do business with it, not whether at all.
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June 14, 2014, 12:27:09 PM
 #11

If it does I might have to sell my house to grab all those cheap coins.

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June 14, 2014, 12:29:07 PM
 #12

If the price drops soon below 450$, then the uptrend is broken and sometime later it will drop below the previous low of 340$.

I agree with that.But atm the moment the first support is around 520$.

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June 14, 2014, 12:29:54 PM
 #13

it can be Silkroad coins affect or 51% fear but IMO its not going to 400USD again.
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June 14, 2014, 01:34:49 PM
 #14

Do you think that the price of BTC will go [..] to 400$ [..]

Did you mean 4000$?

Arguing that you don't care about the right to privacy because you have nothing to hide is no different than saying you don't care about free speech because you have nothing to say.
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June 14, 2014, 01:41:51 PM
 #15

Do oyu thin that the price of BTC will go back to 400$ or less ? Was this price of 600$ too much? Is it a bubble popping again?
Tell what you think!
BR
Gondel

no, i don't think it will go much lower than it has been going.

$400 is really too low

$600 is not too much, and it's not a bubble, a short while ago we were at $420 and before that we were at $1200. It's not a bubble until it reached at least $2000

gondel
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June 14, 2014, 01:55:47 PM
 #16

Do oyu thin that the price of BTC will go back to 400$ or less ? Was this price of 600$ too much? Is it a bubble popping again?
Tell what you think!
BR
Gondel

no, i don't think it will go much lower than it has been going.

$400 is really too low

$600 is not too much, and it's not a bubble, a short while ago we were at $420 and before that we were at $1200. It's not a bubble until it reached at least $2000


But today i see it is keep going down and down every hour. Possible drop to 400$ is comming ( my prediction only)
Wait and the correct time buy! It wil not drop below 400$ for sure !
BR

CounterStrike
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June 14, 2014, 01:56:37 PM
 #17

Nah, $500 is the lowest!!
Gianluca95
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June 14, 2014, 02:01:12 PM
 #18

Nah, $500 is the lowest!!

Nah, 600$ is the right price now. 500$ is too much low for Bitcoin price. News of Silk Road is not so bad !
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June 14, 2014, 02:24:29 PM
 #19

I think it will go on more decreasing till a visible solution for the double-attack thing is out.

Many people are selling now because they are afraid.

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June 14, 2014, 03:09:28 PM
 #20

yeas 51% attack is still big problems, until something will be done, Im not too optimistic, also it could shift attention to coins that dont have this problem...








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