Topic: Will Bitcoin price drop even more? (Read 3765 times)

no one really knows what would happen. bitcoin price might shot up again if something good comes up. or it might drop below $200 because dumping and regulations.

i don't think it will drop below 200$ and stay there
it will play in 200-300 range for few months

its going down down down down dooooown

Long term for me is a decade+, in a decade we'll be past 10K, but short term anything is possible in terms of low, this thing is still 0.10 in terms of official development for god's sake, just be happy you are even aware this soon.

we will see more of the sidewards trend, mostly in $200-300 channel. I don't think we should go much outside of that channel. So if you call a big drop going down from $290 to $200 then yes.

No. I dont think it will drop anymore. As it did at the end of the last year, the market will hold steady for most of the year. It might fluctuate again in the end of the year.

I don't see bitcoin dropping below $200 in the short term. Long term $10,000+

It does seem to look like the end of the long drop
I'm wondering if there is one more downward trend or if we can expect to see upward movements back into the 500 to 600 range in the short run
Worth speculating

I doubt.

Fundamentals are good and we are rising even on weekend

Hero members saying we could go to 0. How crazy is that? I think every prediction like that should be clarified by what are the odds of BTC reaching 0$.

Some speculate that even at current prices BTC is hugely overvalued. Quoting SilkRoad/Mtgox as the only reason for the explosion. Then those same pple quote the S curve showing the 1200$ peak as the peak of BTC adoption. Those two arguments dont go well together.

Others feel its hugely undervalued and oversold, seeing strong signals for a 2015/2016 strong rally.
https://twitter.com/chamath/status/557595490192089088 - this guy makes a good point. 

For me the question comes down to this - are more people going to use bitcoin technology in the future or not? Since supply is limited and predictable (well, that is unless Satoshi shows up and starts selling) the use cases and adoption are obviously the driving factor. Many here see adoption as failed, security as being clumsy and ease of use as nutty. Personally I feel all of this will improve dramatically in the next 3-4years. Many uncovered use cases will emerge, many other innovations will be made possible on top this breakthrough technology. Security and ease of use will be superior to any other 'traditional' alternative we are currently using.
Now I am just newbie account on a troll forum, but it seems a lot of deep pocket VCs agree with this sentiment.

well, the answer is no, the price is rising slowly, no sigh of any dump for now, i think they want it to rise, manipulation is really strong here

I doubt that Bitcoin will drop further, if it does more investors will buy in and pop up the prices.

170 was not the bottom, we had a 156-or so down peak at that has been the bottom for now, so we dont know if what we are saying is a small dead cat bounce or a legitimate recapitulation on an up and coming up trend.

I think the opposite. I don't think we will see a dump coming, but rather the price would remaing stable for a while.
This is because of all the good news coming in, people are also aware that it might actually go up soon.

I think it will drop, but not so soon
Maybe in March there will be another dump

I'm thinking it could go lower too. A few more giant dumps could really hammer the price down. There's not that much support left.

bitcoin going to see 150/120/85, we need that por new massive buy and rally to high levels

For now we are cruising pretty low
It might drop a bit lower but at roughly 70 to 80% down from ATH we are hanging out in a low price range
Although one could argue that we are near the top of the 90 to 250 rally range from a few years ago so how much is foundation based support becomes a question.

or it will go to $150 thats my prediction

I doubt we will get even close to 350 in the next month.

But don't dare to speculate how low will we go