Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cbeast
on 29/10/2014, 17:29:36 UTC
By the way, while I belive that bitcoin will not survive in the long term, I would not risk any prediction for the price in middle term.  It may even go back to the 1000$ range or more, who knows.  All I will risk saying is that, unless and until a large new market opens, the price will probably keep falling towards the pre-bubble level of ~120$ (or even ~20$, if the Feb/2013 bubble too was made in China).
The markets are already there. It's a few bureaucrat luddites pissing in the soup that keep the doors closed. When the media starts loving bitcoin it will come back.