Price back to 400$

[gondel]

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

[Tzupy]

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

[Unluckyduck]

No it will not. Just relax and wait a week and the price will stabilise back above 600.

[Parazyd]

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

[Gianluca95]

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$

[validium]

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$

[Parazyd]

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.

[Swordsoffreedom]

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
When merchants start converting bitcoins to fiat at a large scale though it might put a temporary downward pressure on the price though.

[validium]

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]

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.

[JustBetweenUs]

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

[Vrontis]

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$.

[griffinriz]

it can be Silkroad coins affect or 51% fear but IMO its not going to 400USD again.

[alch1mista]

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

Did you mean 4000$?

[zimmah]

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]

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]

Nah, $500 is the lowest!!

[Gianluca95]

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 !

[joshraban76]

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.

[ApexEvo]

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...