bitcoin goes down to $200 this week?

[Amph]

^ The only thing the market realizes is there are too many bitcoins being made daily & too many in existence & no where near enough buyers

actually there are too few bitcoin in existence, is that now the buyers are so few is not even funny, when the mass adoption will be complete you will see

21M is a low amount for 7B people...

[goxed]

http://www.theverge.com/2014/12/11/7375771/microsoft-supports-bitcoin-payments

[exocytosis]

http://www.theverge.com/2014/12/11/7375771/microsoft-supports-bitcoin-payments

That's a great reason to short. Sub 250 coming by end of next week.

[BitmoreCoin]

http://www.theverge.com/2014/12/11/7375771/microsoft-supports-bitcoin-payments

That's a great reason to short. Sub 250 coming by end of next week.

Don't think so.

[inca]

http://www.theverge.com/2014/12/11/7375771/microsoft-supports-bitcoin-payments

That's a great reason to short. Sub 250 coming by end of next week.

Really? Let's investigate your recent calls.

I predicted all of this. Read my latest posts.
Sub 250 coming by Monday. Mark my words.

I think we'll mostly trade in the 250-350 range for a couple of weeks or so.

Sub 300 coming by Sunday. Sub 250 by Wednesday, then brief dead cat bounce to 300ish prices.

Double digits by April 2015.

Sub 250 by Christmas. Sub 100 by summer 2015. Sub 50 by 2016. Sub 20 by 2017.

Anyway: Bitcoin is still massively overvalued, and double digits will come soon enough.

Doom, gloom and wildly innacurate predictions - Tick. At least you are consistent..

I believe it will happen in 2014.

At least 10k.

According to certain charts, it will reach 10k in May. 100k in August.

You aren't very good at this are you?

[fewcoins]

^ The only thing the market realizes is there are too many bitcoins being made daily & too many in existence & no where near enough buyers

actually there are too few bitcoin in existence, is that now the buyers are so few is not even funny, when the mass adoption will be complete you will see

21M is a low amount for 7B people...

If you think we will still have 7 billion people you're an idiot lmfao... The world will be MASSIVE by then... We are literally living on mars by that year.

it normally occurs when the collector bitcoin bitcoin much to sell so that its exchange rates to be down, I suggest that the collector and the bitcoin miners not to do a massive selloff for the time being, so that bitcoin prices will return to normal, and we can back to invest in bitcoin, hopefully ... 

This is what the major players are doing REGARDLESS. Either you join in shorting like you should have b een all year or you will get burned!!!

[poncom]

The only thing that I consider could drive bitcoin down to $200 this week is a US marshals announcement of another auction straight after Christmas. Unless that happens I consider $200 highly unlikely this week.

[exocytosis]

It won't drop to 200 this week. And even if it did, it wouldn't be the end of Bitcoin. My bullish prediction is that Bitcoin will stay above $200 until 2015.

Even five years from now, it'll probably still have utility for drug dealers, drug buyers and child pornographers. But it'll be traded in the single digits by then, of course. And the cultist- and bulltard mentality will be almost extinct, along with this forum.

[sherbyspark]

The only thing that I consider could drive bitcoin down to $200 this week is a US marshals announcement of another auction straight after Christmas. Unless that happens I consider $200 highly unlikely this week.

Didn;t they sell all the coins in the previous auction?
Or are you talking about new sites which might be taken down and auctions for those?

[NotLambchop]

...
Didn;t they sell all the coins in the previous auction?
...

No.  They sold 50k BTC.  They still have ~94K to sell.

[yayayo]

Even if it drops to $ 100 it doesn't mean that it's all over.

Bitcoin has corrected within such kind of magnitude before... though I doubt it will reach $ 100 this time.

In my opinion we have already seen the bottom but will need another 6-9 months to establish a new sustainable uptrend.

ya.ya.yo!

[sherbyspark]

...
Didn;t they sell all the coins in the previous auction?
...

No.  They sold 50k BTC.  They still have ~94K to sell.

Haven;t they decided when they will sell them? It would certainly affect the price over the next 2-3 months.

[redsn0w]

If the bitcoin price will drop to 200 $ , it is simple : you should buy  a lot of bitcoin . It is the best thing to do , the other thing is : eat a pizza and watch a film.

[betterangels]

some people can afford to loose $10 - $20per coin.. some can't = panic sell,..

[fewcoins]

Back on topic... a retest of $300 is very possible!

[Dilla]

We might need to double bottom at 270. Upwards from there just in time for mass panic buy and 4-5 digit pricing in 2015 
I can only hope.

[Roy Badami]

http://www.theverge.com/2014/12/11/7375771/microsoft-supports-bitcoin-payments

That's a great reason to short. Sub 250 coming by end of next week.

Really? Let's investigate your recent calls.

I predicted all of this. Read my latest posts.
Sub 250 coming by Monday. Mark my words.

I think we'll mostly trade in the 250-350 range for a couple of weeks or so.

Sub 300 coming by Sunday. Sub 250 by Wednesday, then brief dead cat bounce to 300ish prices.

Double digits by April 2015.

Sub 250 by Christmas. Sub 100 by summer 2015. Sub 50 by 2016. Sub 20 by 2017.

Anyway: Bitcoin is still massively overvalued, and double digits will come soon enough.

Doom, gloom and wildly innacurate predictions - Tick. At least you are consistent..

I believe it will happen in 2014.

At least 10k.

According to certain charts, it will reach 10k in May. 100k in August.

You aren't very good at this are you?

Haha, so lowest prediction $20 and highest $100,000.

I'll buy that.  I predict that the price will remain with the range $20-$100,000 for the foreseeable future :-)

[mlferro]

if the topic was, bitcoin to $ 300 this week, I would find it more Likely. But I do not believe $ 200.00

[arieq]

what do you think if bitcoin drops to $ 200, this may end of bitcoin?

I dont think so, bitcoin will survive in the future... It's just the world is not ready to use btc yet, there must be demise of stock markets and at least part of financial system itself to create a real solid uptrend

[nauane]

will be that this value will reach $ 200.00 !? Hard to imagine, but it can be a good opportunity to get a good dough