So far average is 3500, and median 1200. 
You can already tell this has failed. Very unlikely it'll be above $500. I voted $120.
You can already tell this has failed. Very unlikely it'll be above $500. I voted $120.
$120 seems more ridiculous than the median of $1200 in my neutral opinion. I don't hold large amounts of coin and I don't have huge amount of buy orders or sell orders.
I'm just pointing out that you should caveat what you say...
So you're saying $1200 is more likely than $120? LOL
I'm afraid you've lost touch with reality.
Remember, just 2 weeks ago sub $400 seemed ridiculous... There's a long time to go until March 2015.
$120 is not impossible. If we are talking at the start of the year -- $500 to $600 seems like the high range. I personally think it will dip back down after that and complete a wave lower. On that wave lower, the situation may get out of hand -- I'd hazard to guess that there isn't much of a difference between $250 and $120 because people might panic at that point.
So, basically, we could go anywhere, I figured between $120 and $1,000 in the next year... $400 to $600 seems to be the likely balanced ranges/average, though.
Can't happen
Won't happen
Too much money is invested in BTC and those people won't let it fall. We're talking about billions of dollars invested just in infrastructure..if it goes below $300 those people are losing money and therefore you can expect it to go back to where it came from....01 cent and no rise after that..only fall but that will never happen. EVER!
I remember someone here using the same argument to claim it could never go below $400. I'm not saying it will go below $300 but i am saying that argument did not keep the price above $400.
make sure you get various sources of traffic imo.
