[POLL] Is bitcoin starting to drop? - page 2.

Bitcoin Machine

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Quote from: nahtnam on December 06, 2013, 11:53:37 PM

Quote from: PenAndPaper on December 06, 2013, 11:52:29 PM

What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...

Its at $750 right now, but it was expected to happen.

It was at $400 1 month ago. $750 sounds pretty good from that perspective. Grin

DeathAndTaxes

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Gerald Davis

Quote from: PenAndPaper on December 06, 2013, 11:52:29 PM

What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...

Bitcoin already had a $32 to $2 decline that was >94% loss from the peak. You really think it will be more than that? Put your buy orders in at $69.70 then (0.06 * $1160).

gekkomk

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Going down to around $200 - $400, then stay there a few weeks, then will be over $1,500.

Same process for the next years. Although it's a betting game.

nahtnam

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nahtnam.com

Quote from: PenAndPaper on December 06, 2013, 11:52:29 PM

What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...

Its at $750 right now, but it was expected to happen.

PenAndPaper

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What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...

Bitcoin Machine

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Quote from: nahtnam on December 06, 2013, 11:22:52 PM

Quote from: mbaratta83 on December 06, 2013, 11:20:41 PM

I think it is just a temporary news-based drop (Chinese regulation of BitCoin), kind of like a stock that drops or pops one day based on good or bad news.

Well I guess it should go back down to $300 since the Chinese were the people who made it go to $1000 in the first place...

The Chinese people will continue to buy Bitcoin for long term investments. These speed bumps are generally only temporary for Bitcoin. More and more people are changing their minds about global crypto-currencies and seems to be like the Internet was back in the 1990's. There is huge growing world community who stands by it as a useful holding of financial value for the purpose of long term savings, trading, and global purchasing.

ldh37

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Quote from: cowandtea on December 06, 2013, 11:24:32 PM

Just profit taking, it is going to rally soon...

Agreed. this happened a few days ago as well.

nahtnam

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Quote from: stephaneffenburg on December 06, 2013, 11:39:08 PM

Good time to buy more coins..

Maybe, maybe not. It might drop to $100 by tomorrow, it might not. Its all a game of luck! Wink

stephaneffenburg

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Good time to buy more coins..

cowandtea

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Just profit taking, it is going to rally soon...

nahtnam

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Quote from: mbaratta83 on December 06, 2013, 11:20:41 PM

I think it is just a temporary news-based drop (Chinese regulation of BitCoin), kind of like a stock that drops or pops one day based on good or bad news.

Well I guess it should go back down to $300 since the Chinese were the people who made it go to $1000 in the first place...

mbaratta83

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I think it is just a temporary news-based drop (Chinese regulation of BitCoin), kind of like a stock that drops or pops one day based on good or bad news.

DoubleMoo

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I agree with both of the posters above me. I think it will fall a little more to like 600 before rising up again.

nahtnam

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Quote from: btcton on December 06, 2013, 11:08:19 PM

I think it may go down a bit for now, but it will eventually start going back up. If I had to guess, it will be over $1,000 by the end of the year.

Quote from: atrueresistance on December 06, 2013, 11:08:34 PM

I have a feeling it will setting somewhere above 600 for a couple of weeks before it starts to rise again. Watching that red candle is pretty hard for me right now.. I really don't want to sell just yet.

Personally I think that its going to go down to around $300 and then at one point (when it gets lots of publicity), it will shoot its way back up to $2000.

EDIT: I am guessing that it will be around $2000 1/2 way through next year.

atrueresistance

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I have a feeling it will setting somewhere above 600 for a couple of weeks before it starts to rise again. Watching that red candle is pretty hard for me right now.. I really don't want to sell just yet.

btcton

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I think it may go down a bit for now, but it will eventually start going back up. If I had to guess, it will be over $1,000 by the end of the year.

nahtnam

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Hey!

I just noticed that the bitcoin price on coinbase dropped to $750 and it looks like its staying there. Do you think that it will go up, down or stay at $750?

EDIT: Edited the title!

Topic: [POLL] Is bitcoin starting to drop? - page 2. (Read 1621 times)