700 seems plausible during these holidays. But once new year comes over and people start working, expect it to rise to new heights.
This kind of logic never really works out.
Topic: Serious bitcoin price discussion. Bears only please. How far will it drop? - page 8. (Read 12073 times)
December 12, 2013, 01:17:55 PM
700 seems plausible during these holidays. But once new year comes over and people start working, expect it to rise to new heights.
This kind of logic never really works out.
December 12, 2013, 01:17:11 PM
700 seems plausible during these holidays. But once new year comes over and people start working, expect it to rise to new heights.
December 12, 2013, 01:02:29 PM
I have no idea.
Why is that? Because the price has been so unpredictable lately or you think it can really go either way?
December 12, 2013, 01:01:36 PM
I have no idea.
December 12, 2013, 12:58:03 PM
Please only serious posts by bears only. I need a discussion on how far you think this price will drop.
I am slowly buying bitcoins for non-bitcoin investments that are somewhat price related to bitcoins. I am only investing in non-bitcoin investments which are still cheap even if bitcoin falls below $300.
I personally believe the price is still way too high and all the signs are pointing for a big drop. Volume is also super low which usually means further drops are coming. Bitcoin has been nothing but weak the last few days and I expected the price to be in the $700's when I woke up this morning.
How far do you think this will one go until the price finally stabilizes? I am thinking around $300-500, since I always undershoot it will probably fall in the $600's.
What are you guys thinking? Where do you see bitcoin finally falling and stabilizing at?
I am slowly buying bitcoins for non-bitcoin investments that are somewhat price related to bitcoins. I am only investing in non-bitcoin investments which are still cheap even if bitcoin falls below $300.
I personally believe the price is still way too high and all the signs are pointing for a big drop. Volume is also super low which usually means further drops are coming. Bitcoin has been nothing but weak the last few days and I expected the price to be in the $700's when I woke up this morning.
How far do you think this will one go until the price finally stabilizes? I am thinking around $300-500, since I always undershoot it will probably fall in the $600's.
What are you guys thinking? Where do you see bitcoin finally falling and stabilizing at?
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