Quote from: Swordsoffreedom on March 27, 2014, 05:59:19 PM

Quote from: Yololintian on March 27, 2014, 05:50:20 PM

Quote from: boumalo on March 27, 2014, 05:42:32 PM

Quote from: CryptoClassroom on March 27, 2014, 03:30:26 PM

The scary thing is that anything is possible at this point. The announcement of the IRS taxing Bitcoin has already caused it to fall 11% in the past 24 hours, one of the biggest drops since the Mt. Gox incident. If something similar were to happen again now, I could certainly see it going under $300.

However that's quite unlikely. A lot of people have buy orders in the $400 range, including myself. I think Bitcoin will slowly recover and continue to rise. I certainly wouldn't be selling right now.

My vote goes for $800.

Long term the price will rise and there is a lot of support each time we go down a tiny bit

A huge problem in the protocol or something similar is always possible but it is probably priced in and unlikely

A huge problem in the protocol is definitely not priced in.

Well the split issue with two blockchains for a bit and the problem with Gox I say it is partially priced in now

If the blockchain went off in two directions now I think we would be in for some more tumbling!