Bitcoin Speculation will it reach $50/- - page 2.

subvolatil

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Quote from: Benson Samuel on July 04, 2013, 04:55:19 AM

Quote from: subvolatil on July 04, 2013, 03:27:01 AM

I have my doubts that it will spike. looks like 2011 all over again . the prices dipped bottomed out and stayed constant throught the year.
I think it will go down to 50 and stabilize around 55-60 i think .

It looks more like the July 2012 curve rather than the 2011.

Us oldies remember this happening .

Benson Samuel

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Quote from: subvolatil on July 04, 2013, 03:27:01 AM

I have my doubts that it will spike. looks like 2011 all over again . the prices dipped bottomed out and stayed constant throught the year.
I think it will go down to 50 and stabilize around 55-60 i think .

It looks more like the July 2012 curve rather than the 2011.

rezurect

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Quote from: Benson Samuel on July 04, 2013, 02:34:42 AM

If the previous dips have taught us anything before, this one is going to spike back very well.

Its a question of timeframe. This is bitcointalk and always long term bullish. I see a lot of bull traps, sucker rallies and dumps coming.
this is going to sound like trolling but still : <100$ for the rest of 2013 seems plausible.

buysellbitcoin

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Quote from: subvolatil on July 04, 2013, 03:27:01 AM

I have my doubts that it will spike. looks like 2011 all over again . the prices dipped bottomed out and stayed constant throught the year.
I think it will go down to 50 and stabilize around 55-60 i think .

There is whole lot of canvas change in Bitcoin from 2011. I doubt it will go to 2011 all over again. Even in the crazy ride of April it was not able to break 50.

Bitcoin does have few challenges at the moment to sort out, but it does have strong fundamentals and buying demand.

Personally I believe it should not go below 65 and on top of that market should recover now from this seventies.

Cheers

subvolatil

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I have my doubts that it will spike. looks like 2011 all over again . the prices dipped bottomed out and stayed constant throught the year.
I think it will go down to 50 and stabilize around 55-60 i think .

Benson Samuel

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Quote from: bitfromit on July 04, 2013, 01:44:25 AM

It is going to be a rough ride. However, it is barely noticeable on the log scale :

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

If the previous dips have taught us anything before, this one is going to spike back very well.

laserwolf

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Quote from: bitfromit on July 04, 2013, 01:44:25 AM

It is going to be a rough ride. However, it is barely noticeable on the log scale :

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

yes, i'm sure that brings a lot of relief to people who lost a ton of cash

bitfromit

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It is going to be a rough ride. However, it is barely noticeable on the log scale :

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

buysellbitcoin

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I dont think it will hit 50.. But still even if stays at around 65-75 for few more days it will hurt bulls a lot

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bitmit_samar20

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Quote from: subvolatil on July 03, 2013, 05:30:24 PM

Looking at the sinking price of Bitcoin do you guys think it will reach $50 or even less. i give it another month and it will get to $50.

today`s low is $75 and high $91 per bitcoin. Many people dont have idea about future of bitcoin and its price.

By seeing graph at mtgox for 1 month, trend is negative means more people are selling rather than buying... it is really not good at all...

Benson Samuel

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Quote from: blackboy on July 03, 2013, 06:50:49 PM

For sure it'll hit 50. Most of my friends are buying LTC to ride the upward trend once it hits Gox.

Doubt if this is the 50 plunge. may settle around 70.

blackboy

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For sure it'll hit 50. Most of my friends are buying LTC to ride the upward trend once it hits Gox.

escrow.ms

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It's already 77 ;/ wouldn't take longer...

subvolatil

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Looking at the sinking price of Bitcoin do you guys think it will reach $50 or even less. i give it another month and it will get to $50.

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