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Topic: Where do you think bitcoin will drop to? (Read 2730 times)

newbie
Activity: 28
Merit: 0
May 05, 2013, 07:16:46 PM
#67
I could see some place like CoinBase doing this with plastic cards. When you make a purchase the purchase total is instantly converted to $USD from your BitCoin balance for the merchant. This way the merchant doesn't have to accept BitCoin.
full member
Activity: 182
Merit: 100
Hodl regularly and often!
Increased ease of availability is what I am watching for.(Debit card purchases or PayPal for the US customers)  Over $250 easy when this happens.
sr. member
Activity: 476
Merit: 252
It will never drop below 50$ again.
newbie
Activity: 28
Merit: 0
Unless there is a panic, like with what happened with Mt.Gox during the bubble, I don't see BitCoin dropping below $100. It seems to have stabilized and will remain at this mark for a while. It will be a steady decline or rise from here on out, unless there is a major event.

What really needs to happen for a nice steady rise is a NEED for BitCoin. This can be created if more merchants offer BitCoin as a payment method.
full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
I think we saw bitcoin under 100$ in the last time in history.

I think you can kiss your forecasting career goodbye. Stay with your dayjob and if you make a prediction, at least be realistic.

As this month has been a lot of days with Bitcoin for less than $ 100, and even more days for $ 120 more, I think that we can look forward to in the future too.

And certainly we also read headlines like: "never double-digit" or "soon to be single-digit" Smiley

In April, the Bitcoin was 13 days cheaper than $ 100, 14 days cost more than $ 120 and only 4 days for the price from 100 to 120 USD ...

full member
Activity: 167
Merit: 100
Wouldn't be shocked to see it drop back down to the 60-70 range. However, I see it has rebounded past 100 so that is a "good" sign for me.
newbie
Activity: 28
Merit: 0
I think we saw bitcoin under 100$ in the last time in history.

I think you can kiss your forecasting career goodbye. Stay with your dayjob and if you make a prediction, at least be realistic.
sr. member
Activity: 302
Merit: 250
Based on the chart, I think we have a pretty good floor around $65 to $70. I don't think it will go lower than that, and if it does it will be a volatile dip where it bounces back up immediately. That is, of course, unless something drastic occurs (blockchain hack, etc.) in which case all bets are off and we end up with some private keys that aren't worth the paper they are printed on (assuming an offline wallet here).
newbie
Activity: 59
Merit: 0
we will die..
newbie
Activity: 11
Merit: 0
 I think the price will stay in this range in the near future.
newbie
Activity: 24
Merit: 0
ye i agree with u
newbie
Activity: 26
Merit: 0
ATM BTC is just going dooooowwwn, where do ya think it'll go?

Buy when low, sell when high, net result gain.

Buy when high, sell when low, net result loss.
newbie
Activity: 40
Merit: 0
I think we saw bitcoin under 100$ in the last time in history.
newbie
Activity: 29
Merit: 0
I think it may experience another hard crash toward $10, but it will probably go back up $100 at some point.
newbie
Activity: 22
Merit: 0
200 more or less
member
Activity: 91
Merit: 10
I think it will stick in the $100- $130 range for awhile due to uncertainty and many people shaken from the crash.
newbie
Activity: 24
Merit: 0
At one point this year - below $40.
newbie
Activity: 56
Merit: 0
Mama always said Bitcoins is like a box of choc o lattes loooool!
full member
Activity: 130
Merit: 100
There's no telling where it will eventually dip to. I try to make safe(r) exchanges by price averaging. I have my personal midpoint, and I buy in small increments as the price goes down and increase as it goes farther away from my midpoint. I also sell in increments as the price increases above my midpoint. I'm not sure if this is the most effective strategy. I'm basically playing with spare change right now until I feel more comfortable with BTC.  I don't think it'll go below 70 anytime this week. And I doubt it'll go above 130. But in reality I have no clue. And unless you have a lot of money/ expert knowledge you don't either.
newbie
Activity: 56
Merit: 0
I had 0.07 (so rich!) and got out at $150 per, I think it will end up hovering between $40- $60.

Great chart reference, thanks for posting those comparable trends
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