is Bitcoin going to crash to as low as 200 usd?

[Octavius]

Bitcoin is likely to range between $200 to $300 and maybe less, it will take time... But now I've bought back in. I expect a spike to $550  before the next dumps.

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[fonzie]

Oh god i just realized that some of you are really serious in here. Lol

[wezphoto]

Bitcoin is likely to range between $200 to $300 and maybe less, it will take time... But now I've bought back in. I expect a spike to $550  before the next dumps.

This would really be a huge crash, the final capitulation.
If it will happen, expect a rocket train leaving the station some seconds later.

[Lauda]

Oh god i just realized that some of you are really serious in here. Lol

I'm assuming they are posting just for the sake of making any reply.
If you look at the market depth, for example at Bitstamp, you will see a huge difference.
To get the price to $550+ the ask is around 2.8k, to get it to $450 the bid is around 6.8k.

[mr angry]

i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?

hi guys, looks like it might crash to about 300 range, what you say guys?

If it goes below $400 then the guy who brought the silk road bitcoins might panic dump. He must have paid over $400 and if he sells it could push the price down really fast.

[Wilhelm]

i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/
where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it.

and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet.

we might know if the non-winners disclose there highest bid.

what do you guys thing, would 30k be dumped slowly or like falling brick?

what if he is holding the 30k for months+, regardless buying it for a low cheap?

hi guys, looks like it might crash to about 300 range, what you say guys?

If it goes below $400 then the guy who brought the silk road bitcoins might panic dump. He must have paid over $400 and if he sells it could push the price down really fast.

Maybe he is already dumping and this is the result? That would be good news since Bitcoin seems to be surviving

[zedicus]

Bitcoin is likely to range between $200 to $300 and maybe less, it will take time... But now I've bought back in. I expect a spike to $550  before the next dumps.

This would really be a huge crash, the final capitulation.
If it will happen, expect a rocket train leaving the station some seconds later.

Crashes caused by over leverage can be this large, and bitcoin related crashes have been this large in the past. I think the absolute worse case scenario would be that we see a drop to the mid $200 range and if this were to happen it would be a huge opportunity to buy.

It is important to note that past crashes of bitcoin have been very big however the price would almost always recover quickly (at least partially) within hours.

[Ayers]

the probability say no, but no one know for sure, i just hope the whales don't let it reach that point

[giveBTCpls]

Well technically anything can happen, but let us be realistic on here, there's tons of boat missers with big cash trying to get in BIG into the Bitcoin game. Talk wall street players and co.

[CoinDiver]

There is a ton of support in the $400 range and the $300 range. There is no way we're going lower. I'm buying at any price.

[InwardContour]

We are rebounding high this time, the value in this moment just hit 0.521 on BitStamp, I guess the downtrend is going to be broken.
Anyway I'm almost sure that the price won't crash to $200, it would trigger ALOT of buy volume.

[Octavius]

There is a ton of support in the $400 range and the $300 range. There is no way we're going lower. I'm buying at any price.

There was also  a ton of support in the $1000-$900-$800-$700-$600 range....

[niothor]

There is a ton of support in the $400 range and the $300 range. There is no way we're going lower. I'm buying at any price.

There was also  a ton of support in the $1000-$900-$800-$700-$600 range....

No actually it wasn't.
When the first crashed came the support at the 900+ evaporated in a matter of hours.

[Lauda]

No actually it wasn't.
When the first crashed came the support at the 900+ evaporated in a matter of hours.

Indeed you might think that there is 'strong' support at some prices but there actually isn't. Once the price starts moving down, people start moving their buy orders down. I highly doubt that it will keep going down but who knows (remember $60 last year and what happened after).

[keyxkey]

It's impossible that the value will reach $200 but just in case pm me so I'll buy them all...

[An amorous cow-herder]

It's impossible that the value will reach $200 but just in case pm me so I'll buy them all...

Wow, you have $2.4B?

[Ayers]

No actually it wasn't.
When the first crashed came the support at the 900+ evaporated in a matter of hours.

Indeed you might think that there is 'strong' support at some prices but there actually isn't. Once the price starts moving down, people start moving their buy orders down. I highly doubt that it will keep going down but who knows (remember $60 last year and what happened after).

some of those that dumped at higher price may buy again, in theory the more you come down the more support there is

[Octavius]

No actually it wasn't.
When the first crashed came the support at the 900+ evaporated in a matter of hours.

Indeed you might think that there is 'strong' support at some prices but there actually isn't. Once the price starts moving down, people start moving their buy orders down. I highly doubt that it will keep going down but who knows (remember $60 last year and what happened after).

I've noticed some buy walls are already gone, we are going down.

It's a domino effect. Winklevoss twins, Tim Draper and other big whales could panic sell. Maybe, they are already dumping...

[Lauda]

I've noticed some buy walls are already gone, we are going down.

It's a domino effect. Winklevoss twins, Tim Draper and other big whales could panic sell.

Incorrect. See this kind of writing is not helping anyone.
No really 'whale' will sell out his BTC, especially since the twins say stuff like this: http://www.cnbc.com/id/101190181#.
You don't need to worry.

[fudbuster]

No, 200 it's extremely unlikely 200 will be the price of a Bitcoin ever again.

I completely agree. There is too much money on the sidelines that would hop in long before it ever gets that low.