$100 to $125 still possible?

[SirChiko]

I'd be surprised if we hit below $150 again...too many people won't be able to resist such cheap coins.

You're looking at this the wrong way. $150 coins aren't cheap. They're ridiculously overvalued. The only thing Bitcoin's "good" for is buying illegal stuff on the deep web. The blockchain can handle a whopping 2.7 transactions per second, which makes Bitcoin completely useless as anything resembling a mainstream currency. After this Gox bubble/speculation phase, Bitcoin will go back to a reasonable and sustainable value which reflects its potential as a deep web currency for criminals. That value is somewhere in the double or single digits.

Bitcoin had its fifteen minutes of fame.

Oh yeah for sure and that's why winkles are investing into this and working on this, cuz it's already doomed. Makes no sense u probably already sold right?

[exocytosis]

I'd be surprised if we hit below $150 again...too many people won't be able to resist such cheap coins.

You're looking at this the wrong way. $150 coins aren't cheap. They're ridiculously overvalued. The only thing Bitcoin's "good" for is buying illegal stuff on the deep web. The blockchain can handle a whopping 2.7 transactions per second, which makes Bitcoin completely useless as anything resembling a mainstream currency. After this Gox bubble/speculation phase, Bitcoin will go back to a reasonable and sustainable value which reflects its potential as a deep web currency for criminals. That value is somewhere in the double or single digits.

Bitcoin had its fifteen minutes of fame.

Oh yeah for sure and that's why winkles are investing into this and working on this, cuz it's already doomed. Makes no sense u probably already sold right?

Large investors put money in Enron too, shortly before it went bankrupt. It's not uncommon for rich people to make bad investments.

[HarmonLi]

Well, it's still possible of course, but double digits are still some time coins away, you should always keep that in mind. Sure, there are a lot of bears that will be shorting the current market, but there's no guarantee they won't be wiped out just like the bulls were before!

[CoinCidental]

I'd be surprised if we hit below $150 again...too many people won't be able to resist such cheap coins.

You're looking at this the wrong way. $150 coins aren't cheap. They're ridiculously overvalued. The only thing Bitcoin's "good" for is buying illegal stuff on the deep web. The blockchain can handle a whopping 2.7 transactions per second, which makes Bitcoin completely useless as anything resembling a mainstream currency. After this Gox bubble/speculation phase, Bitcoin will go back to a reasonable and sustainable value which reflects its potential as a deep web currency for criminals. That value is somewhere in the double or single digits.

Bitcoin had its fifteen minutes of fame.

Oh yeah for sure and that's why winkles are investing into this and working on this, cuz it's already doomed. Makes no sense u probably already sold right?

Large investors put money in Enron too, shortly before it went bankrupt. It's not uncommon for rich people to make bad investments.

it would only fail if we let it fail and i wont ,and i know many others who will continue using it and supporting it
its not a company that can go bankrupt
thats one of the mains strengths of btc  ,there is no greedy CEO to make bad decisions

[Coinbuddy]

Yes possible for sure!

End of bitcoin

[minerpumpkin]

We first have to break the previous bottom of around $150-$175. If we really do approach those levels, a lot of people will anticipate forming a double-bottom there, which would in fact be a very bullish sign and give us much needed support for going up!

[Bitmore]

I'd be surprised if we hit below $150 again...too many people won't be able to resist such cheap coins.

You're looking at this the wrong way. $150 coins aren't cheap. They're ridiculously overvalued. The only thing Bitcoin's "good" for is buying illegal stuff on the deep web. The blockchain can handle a whopping 2.7 transactions per second, which makes Bitcoin completely useless as anything resembling a mainstream currency. After this Gox bubble/speculation phase, Bitcoin will go back to a reasonable and sustainable value which reflects its potential as a deep web currency for criminals. That value is somewhere in the double or single digits.

Bitcoin had its fifteen minutes of fame.

Oh yeah for sure and that's why winkles are investing into this and working on this, cuz it's already doomed. Makes no sense u probably already sold right?

I am a long term bull on bitcoin.  Winkies are obviously too, and as it continues to develop and evolve it will be a roller coaster ride.  I think the real telling point in price will be the halving in, what, 2016?   Until then, if it does get down to under $100 I am going to buy 50 more.  At least.  
Again, this is what I can afford to lose, and basically have written it off, that way I am never tempted to sell, until it is on the far side of the moon anyway, and even then...

[g-unit]

I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

[minerpumpkin]

I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

It's easy... They keep telling themselves it is the right thing they sold or stayed out of the Bitcoin game altogether. They need a lot of confirmation that the thing they did was the right thing and thus tell each other that Bitcoin is going down. It's one way how human psychology works.

[lolled]

I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

Well, maybe they are the people who sold at the right price then. Its hard to be optimistic all the time when price falls from 600 to 200 in a matter of 2 months.

[CoinCidental]

I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

Well, maybe they are the people who sold at the right price then. Its hard to be optimistic all the time when price falls from 600 to 200 in a matter of 2 months.

who said it should be easy ? volatility is not everyone
people who bought in the last year thinking they will triple their money or to  the moon are getting into a panic
its not going to be moon time for awhile ,think of it in years or even decades  ,not  days or weeks or months

[Fabrizio89]

Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

[jcoin200]

Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

[CoinCidental]

Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

i dont know how you can say the interest is not there ,the infrastructure is expanding almost daily and the supply of coins will decrease over time
you got your eft ,block halving,regulated exchanges and maybe mcdonalds coming soon 
its true some people who got goxxed will jump off the train but thats a small % and many more will get on to replace them

[minerpumpkin]

Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

Yeah sure, but at some point the hands just get so 'fat' that there's no breaking that resistance. The greed of people works both ways... People won't be willing to let other buy the 'cheap coins' at $150 while waiting for the price to go lower - which it may not.

[Gio344]

I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

Well you posted a pessimistic question

[1Referee]

Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

i dont know how you can say the interest is not there ,the infrastructure is expanding almost daily and the supply of coins will decrease over time
you got your eft ,block halving,regulated exchanges and maybe mcdonalds coming soon 
its true some people who got goxxed will jump off the train but thats a small % and many more will get on to replace them

Some times I really think it would have been better if we never had Bitcoin above $1000 in 2013.

At that point Bitcoin realistically wasn't even worth $200 but it peaked at over $1100....

We're now much further and enjoy more adoption of merchants than ever before.

Bitcoin believers, including myself, can look through this, but the normal non tech people can't, they see this as a major step back.

It would have been a very healthy situation if we in 2015 would hit an ATH in the range of $400-$500.

[JessicaSe]

before fabuary ends we will see a price mark of 350-400$ per bitcoin,while the year end seems to be closing around 1100usd

[Kipsy89]

Man,  $100 would be a truly psychological barrier for a lot of people. Breaking that would bring us into new realms of desperation. I'm talking about 5 year holders liquidating assets in order not to lose everything... Don't hope we'll see those levels ever again!

[Q7]

It's possible but if it does get to that level, I'm sure the buying frenzy will get the price going back up quickly.. And I'm sure there are a lot of buyers waiting at that level doing the same.