Quote from: jovs on February 08, 2017, 12:11:08 PM

Quote from: w00t on February 07, 2017, 02:40:25 PM

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

I think it would range for about 800USD to 1200 USD as how I see its market. I do believe, it won't go down into 700USD again as what happened in the first week of january. As if now, I don't see any votality because the huge issue in China reagrding bitcoin had been closed. Hence, expect that bitcoin will be consistent is this month, I don't expect any quick pump in this month. Maybe this year, it'll reach 1500 USD since its market are widespreading and it is becoming more popular in terms of online business and transactions.

800 USD is far already and I don't think it will hit that price every again, so we missed the chance of buying it at a low price of 750 USD. Right now bitcoin is bouncing back from a sudden drop and I think it will not drop back below 800 USD but probably at around 950 USD which will be its new floor price.