BTC Price going back to $250??? - page 20.

doublemore

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Quote from: Blawpaw on November 06, 2015, 01:48:00 PM

I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???

Nope i dont think its possible, maybe a crash to $250 with some very bad news but not move back there by itself. The price is now going up due to upcoming block halving, we aren't done yet with the rally.

anthonycamp

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its becoming to get to christmas as we all know the price goes down cause people need btc to pay to products for chrisdmas gifts and that puts less pressure into buying but more into selling the more it sells the more it goes down

1Referee

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Quote from: Oscilson on November 08, 2015, 04:18:51 AM

I think the price will fluctuate around $350. It might go below $250 shortly during a flash crash. But the price will go up again. More financial institutions are aware of bitcoin and blockchain technologies now.

Financial institutes were already aware of Bitcoin, the only thing is that some of them approach Bitcoin way too hostile, while Bitcoin can help them in going forward. They are only too cracky to understand that. My guess is that the price will not go below $300 any time soon, unless there is a shitload of bad news popping up.

shadobitz

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Quote from: Oscilson on November 08, 2015, 04:18:51 AM

I think the price will fluctuate around $350. It might go below $250 shortly during a flash crash. But the price will go up again. More financial institutions are aware of bitcoin and blockchain technologies now.

Yes that is price around $350 will be stable and at the moment it looking much hard to below under $250 now current rise with huge support.

Oscilson

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I think the price will fluctuate around $350. It might go below $250 shortly during a flash crash. But the price will go up again. More financial institutions are aware of bitcoin and blockchain technologies now.

Arcteryx

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Quote from: tyrexs on November 07, 2015, 09:22:51 PM

yes i have think like this too, my prediction next month or on december bitcoin price will back to 250$ maybe lower than 250$ Wink

I for one sure hope so. I want to buy at low prices again Undecided

noobtrader

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per mining cost perspective (eletricity price @ 12 cent)....

@ old miner 1T/1000 watt miner , cost of 1 BTC is now 350

@ new miner which 2T/1000watt miner, cost of 1 BTC is around 175

- this is just electricity cost.
- new miner need to ROI

conclusion : current btc price (380) is fair

tyrexs

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yes i have think like this too, my prediction next month or on december bitcoin price will back to 250$ maybe lower than 250$ Wink

UnknownUsername

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Yep, Im sure that there would be a fast dump incoming soon. Just don't know when it would happen

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: sana9821 on November 07, 2015, 02:44:12 PM

its definitely going down though i dont think that it will get back to 250 dollars each as it is not dropping so sharply

Doubt it will go to where it was before the tanking, now that the people saw what it was capable of in such a short time, i only see this zig-zaging
around until it finds corrected price. My guess is that it will end up at 320$ or so, and stay there until xmass. After that who knows, maybe another bullrun ?

sana9821

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its definitely going down though i dont think that it will get back to 250 dollars each as it is not dropping so sharply

rokkyroad

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Quote from: mixan on November 07, 2015, 01:45:38 PM

Quote from: Triple on November 06, 2015, 02:48:15 PM

No it won't drop back down to 250.. It won't just rise like it did and drop down just as fast. It'll prob stabilize above $300. Maybe even $325.

You can never say never in this economical environment we are currently in.
Would you be surprised if the price went down to sub $200 at this point? I wouldn't be as I have seen it before and it wouldn't be a shocker to most of the early adopters around here either. Most of them have seen everything when it comes to this highly volatile currency.

You got that right. The only way to second guess btc prices are to look for patterns and history has a habit of repeating itself.

Dafar

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Quote from: ssmc2 on November 07, 2015, 01:14:37 PM

Quote from: NorrisK on November 07, 2015, 11:50:51 AM

We will probably get a similar run to last week starting from Monday. New cash arriving at the exchanges, and everybody had some time to catch their breath..

The current prices are just a correction after a rise that went waaaaay too fast imo.

This

mixan

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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!

Quote from: Triple on November 06, 2015, 02:48:15 PM

No it won't drop back down to 250.. It won't just rise like it did and drop down just as fast. It'll prob stabilize above $300. Maybe even $325.

You can never say never in this economical environment we are currently in.
Would you be surprised if the price went down to sub $200 at this point? I wouldn't be as I have seen it before and it wouldn't be a shocker to most of the early adopters around here either. Most of them have seen everything when it comes to this highly volatile currency.

ssmc2

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Quote from: NorrisK on November 07, 2015, 11:50:51 AM

We will probably get a similar run to last week starting from Monday. New cash arriving at the exchanges, and everybody had some time to catch their breath..

The current prices are just a correction after a rise that went waaaaay too fast imo.

This

randy8777

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support is holding very well. can't see the price dive below the $300 price level anymore. a lot people have bought their coins between $300-$400 so it doesn't really makes sense to go below $300.

NorrisK

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We will probably get a similar run to last week starting from Monday. New cash arriving at the exchanges, and everybody had some time to catch their breath..

The current prices are just a correction after a rise that went waaaaay too fast imo.

manselr

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We are back to 380-390, pretty damn strong of a support, you guys are insane to think we are going down anytime soon. Everything is looking more and more bullish, positive news everywhere.

Battareus

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Quote from: culexevilman on November 06, 2015, 11:18:34 PM

We could be back to 450+ by Monday Cool

Wich reason for this? Did the pump does not over? Share your confidential information with us.

lumeire

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Quote from: kwukduck on November 06, 2015, 11:08:31 PM

I suspect we will go back to 200-230 within a week or so. That price seems fairly stable. Although we may fall under that to the 160-200 range for a while because of some panic.

I myself see the $160-200 as a buy range, and I suspect a lot of us see it like that too. So maybe, if the price falls to that range a massive buy would occur and push the price back up to $250. The way I see it, $220-250 could be the lowest possible floor - unless a huge bad news happen, like OKcoin going bankrupt.

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