In a thread asking for predictions I made my first 'call' in a long time.... I'm not in the business of making wild claims.
$400 would be my prediction. It might dip lower momentarily but I don't see it going below $400 average for any amount of time.
Today I'm right. Only time will tell if I'm wrong.
I've been buying and spending BTC for years, I see the value, I'm not just here as a pure speculator as you are. I'm in the process of launching a bitcoin related business and will have invested a fair chunk of £ doing so. It's a gamble, so not much different to your trading, the difference is I'm betting on the technology and fundamental value rather than simple fact that it may go UP.
So forgive me if I get a bit aggravated at the newbs that come along having only just heard about Bitcoin getting butthurt because they see it fall from $1200-600 and then start making wild claims just stirring up the FUD. You've made a great point to tell everyone that you are out in every thread, what is the point? At this stage you just look like a fool who took a hit and is crying about it. If you are £5k up I see that as a great positive, you would be better served remembering that fact instead of pandering to your fears and trying to spread it around.
$200? Can't see that happening unless there is a cataclysmic bitcoin event like MTGOX getting hacked or some technical issue with the blockchain etc.. Bitcoin still has a long way to go, personally I think the U.S may just blow the next bubble. Coinbase took $25m in VC funding, the mood in the U.S seems to be quietly positive, these big bubbles hurt the perception but in 6 months we may have forgotten all about yesterday.