Quote from: SpyX on February 02, 2018, 08:28:26 PM

Haha, I've predicted this fall (check the page before), but not so fast! We're a lot who predict it in this topic.

Quote from: IfixTchenTchen on February 01, 2018, 11:47:07 PM

It was predicted that it would fall at least until 8000$. Now my feeling is that it will drop even until 5000$ or so, even though not in one move. We'll see. Not very funny for holders though.

Personnaly I don't think so, you're too negative, 5000$, even in multi move, will be a desaster and a huge dump. Don't forget the price already dumped a lot, I think we're in the end of theses bads news. We've got a lot of successfully FUD, people try to make panic each other, and I think in reality it isn't to forbide bitcoins, it's to buy it cheaper. Of course, it's only premonition, we're in a unknown situation and nobody can predict the future.

Actually, 5000 is considered by some as the equilibrium value : the ones who have the most market power and are most dependent on the BTC price are the professional miners. The current cost plus some "normal business margin" brings the value to about 5000. I.e. at this level the miners would become active to prop up the market and prevent it dropping below. This would however mean that the market confidence would be pretty much eroded. Even if that happens, however, BTC would likely start rising again, but rather slowly, until another bubble emerges (which certainly will).