With Gox, Willy and Markus gone, there's nothing left to fuel another delusional and unsustainable bubble. We're just witnessing the correction back to single digits, where Bitcoin belongs, since that's the natural value of a currency whose only real utility lies in its use as a medium of exchange on the deep web -- by a few thousand child pornographers and drug addicts. Amateur speculators can't drive the price back to the moon again when whales, early adopters, miners, developers and other bag holders are dumping en masse. Tough luck for the cultists and bulltards.
A year from now, Bitcoin will be sub 50.
A few of your recent posts:
That's a great reason to short. Sub 250 coming by end of next week.
I predicted all of this. Read my latest posts.
Sub 250 coming by Monday. Mark my words.
I think we'll mostly trade in the 250-350 range for a couple of weeks or so.
Sub 300 coming by Sunday. Sub 250 by Wednesday, then brief dead cat bounce to 300ish prices.
Double digits by April 2015.
Sub 250 by Christmas. Sub 100 by summer 2015. Sub 50 by 2016. Sub 20 by 2017.
Anyway: Bitcoin is still massively overvalued, and double digits will come soon enough.
I believe it will happen in 2014.
At least 10k.
According to certain charts, it will reach 10k in May. 100k in August.
The only real question is why you expect anyone to listen to your poor attempts to smear the bitcoin price down. Certainly the predictive power of your posts is somewhere between poor and absolutely fucking terrible.