I’ve predicted it would drop to between 30-50 this year.  It all seems in kind of a freefall right now.  The important thing to understand is that we’ve already seen the highs for this year.  The year will end significantly lower than it started.

It will go below a hundred.  It very well could go below 100 soon.  Things are much worse than even I expected.  I believed Bitcoin was going to crash pretty hard this month.  I wasn't expecting it to be as bad as it is.

I said about a month ago that it would drop to 250 during this time.  I'm saying that within a month it will be 175.  It might be less than a month.  By the end of the year I think it will be 30-50.

This is actually a very good question.  It made me think for a bit.  We will know when the price of Bitcoin becomes stable.  When there is very little fluctuation in price.  That is when we know we’ve hit the bottom.  I believe this will happen at around 30-50.  I think an argument could be made that it will happen once the price is around 1-10.

This is not the time to invest in Bitcoin.  Some people maybe able to make money off the swings in price.  But, that’s too risky for most people.  I would advise people to continue to use Bitcoin.  Just don’t hold onto them.  The best thing for the future of Bitcoin is to spend them right away.

The bottom will be when we reach 30-50.  That is a sustainable price for Bitcoin.

I’m ready to make my prediction for the next month.  The price of Bitcoin will drop to 175 within roughly 30 days.

I was right.  It did happen a little faster than I thought.  I’m still new to Bitcoin.  In fact, I still don’t own any.  I’ve been watching the price of Bitcoin very closely for a few months.  I feel that I can accurately predict what the price of Bitcoin will be.  I don’t have any software or anything like that.  I don’t even read much about Bitcoin.  I watch the price flucuations and make my predictions based on them.

I’m not sure about my prediction in a year.  The problem is… so much can change between now and then.  I do think Bitcoin needs to be priced between 30-50 for it to be healthy.

I’m not ready to say where I think Bitcoin will be in the next month.  I certainly wouldn’t be holding onto Bitcoins as an investment.  I’d only have some to buy stuff with them. 

A whole 4 minutes for sex?  What am I supposed to do for the other 3 minutes?

I don't see why it would be needed.  It's just a chance for someone to rip you off.

There is an easy way to solve the problem.  You don't pay until you make sure everything is okay.  Once you do, then you pay.  We can work something out.

I have no Bitcoins to wager.  If I did, I would be cashing out right about now.  I think we are going to be seeing it in the 250 range maybe within 30 days.

The price of Bitcoin will drop to 30-50 USD within the next year.  Bitcoin is about to take another serious nose dive.

Thanks everyone for your replies.  I was hopeful that work and reinvestment in cloud mining might be something that would pull it off.  But, I see now that cloud mining isn't the way to go.  I wish you all success in your Bitcoin endeavors!

Just throw out there one site.  The one you're the most proud of.  I'm curious as to what you're doing.

What business do you have that you pay employees in Bitcoins?  Surely you must have a site.

The level of anger here is fantastic.  I've never understood why message boards attract angry people.  That's the one consistent thing about message boards.  Regardless of the topic, angry people flock to them.

I wouldn't invest anything right now in Bitcoin.  I would invest in businesses that people spend Bitcoin at.  I think Bitcoin has still quite a ways to go down.  At some point people will see they are a good deal.  Once they do they will invest in Bitcoin and some of those people will buy stuff.  That is my interest.

I wouldn't say that I was disparaging Bitcoin.  I was disparaging those who invested in Bitcoins themselves.  As we can clearly see it has not been a good investment this year.  Rich people threw a lot of money at them as some sort of get even richer scheme.  As the market hemorrhages these people, it's actually a good thing.  Only because the next generation of Bitcoin buyer will be people who actually want to use them as currency.  When people actually use Bitcoin instead of hoarding them... that's when the tide will change.

I find the hostility here simply amazing.  It truly defies description.  I somewhat looked into Bitcoin over the years.  The difference between now and then is that I now take it seriously.  I see that  this is far more than just a novelty.  I'm not sure that Bitcoin is the future of cryptocurrency.  But, I am sure there is a future for cryptocurrency.

My interest in Bitcoin isn't investing in it.  I wouldn't invest a single cent in it at this stage.  I think we probably pretty far from the bottom of the current slide.  My interest in Bitcoin is possibly to build an affiliate site.  A site where causal Bitcoin users look to do their shopping.  The people who see this as a novelty or just a bit more than that.  The people who are truly into the world of Bitcoin already know all the shopping opportunities out there.  Think portal site showing people where they can spend their Bitcoins.

I would never put my own money into Bitcoin.  The only way I would ever own Bitcoin is by earning them.  The risk is far too high to invest money into something that's going down the way Bitcoin is.

What you're saying here very well may be true.  Behind the scenes maybe things are moving at a pace that I can't see from the internet.  From the things I see, that doesn't seem to be the case.  I'm surprised by how little development there is online.  I know there are big sites now accepting Bitcoin as a form of payment.  But, I'm surprised there isn't more online shopping focusing only on Bitcoin customers.  A lot of the ones that do, seem like scams.

When I started to get interested in Bitcoin I expected everything to be popping.  There would be cottage industries popping up all over to cater to Bitcoin customers.  I get the feeling that's really not the case.  I could be 100% wrong.  I admit that.  But, there isn't the free flow of money like there was in the past on the internet.  There seems to be something that's holding people back.  There doesn't seem to be enough commerce in the world of Bitcoin.  There needs to be more buying and selling.  You can't just have people investing in the currency and doing nothing with it.  If people were spending them, there would be more sites focusing only on Bitcoin customers.

I want people to understand I'm not saying anything bad about Bitcoin.  The idea of it is fantastic.  Anyone that has ever done business online knows just how valuable something like this has the potential to be.  But, it seems quite a ways off from what it could potentially be.

That's a great question.  I think I came here feeling like this was the new gold rush.  Like those people that go to North Dakota to make insane amounts of money in the oil boom economy.  I thought the world of Bitcoin was somewhat similar.  Maybe the problem is less about Bitcoin and more about my perception.

I came here as a hopeful nerd that was interested in Bitcoin.  I read about it over the past few years like most people.  I saw it as somewhat of a novelty.  Then I figured, I would look further into it.  I thought it would be an exciting place with a lot of activity.  Maybe somewhat similar to what a lot of people experienced with eCommerce in the late 90's early 2000's.  This doesn't feel anything like that at all.  Not even in the slightest.

Maybe I'm not viewing it as what it really is.  I thought of it as a new currency backed by people that really want to change the world as we know it.  There is far less change involved than what I was expecting.  I'm not sure what the motivation is for the people currently dealing with Bitcoin.  My guess is that it's mainly rich people or people with income sources that don't care if they lose it.  I don't see the average person putting their retirement savings in Bitcoin.

I never thought I'd come here and get rich.  I thought I'd come here and learn more about cryptocurrency.  There is very little work to be had in the world of Bitcoin.  Sure, there are some very specialized fields where people are making money.  The average guy, not so much.  The disparity between the rich and poor with Bitcoin is by far greater than any fiat currency in existence.  It will not survive if this remains true.