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Topic: 420 (Read 3165 times)

sr. member
Activity: 252
Merit: 250
420
May 30, 2016, 03:27:33 AM
#65
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

Welcome to the bitcoin world.

You see going back to $420 price is impossible? What if I told you that even below $400 has a high possibility to happen "right now"?

Please keep in mind that $50 price increase or decreased considered as a light margin to break it or to surpass it.

Going back to $420 could happen. If there is a big bad news about the bitcoin, it can go below $400 and stay there.

I cannot imagine any bad news. The bitcoin shall not be banned in any country, it is a legal property.
well it depends on the country if it is legal or not, if a government decides that bitcoin is illegal then it is illegal and you shouldnt use it then in order not to get into trouble

i think that the price will not fall to 420 any more and the price is going to grow only from now because a lot of people are investing in bitcoins in order to make some money

If most civilized world declare the bitcoin legal, it will be legal gradually in many countries. Every country will use it.
hero member
Activity: 770
Merit: 500
May 27, 2016, 01:46:13 PM
#64
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

Welcome to the bitcoin world.

You see going back to $420 price is impossible? What if I told you that even below $400 has a high possibility to happen "right now"?

Please keep in mind that $50 price increase or decreased considered as a light margin to break it or to surpass it.

Going back to $420 could happen. If there is a big bad news about the bitcoin, it can go below $400 and stay there.

I cannot imagine any bad news. The bitcoin shall not be banned in any country, it is a legal property.
well it depends on the country if it is legal or not, if a government decides that bitcoin is illegal then it is illegal and you shouldnt use it then in order not to get into trouble

i think that the price will not fall to 420 any more and the price is going to grow only from now because a lot of people are investing in bitcoins in order to make some money
sr. member
Activity: 840
Merit: 252
May 27, 2016, 12:27:19 PM
#63
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

Welcome to the bitcoin world.

You see going back to $420 price is impossible? What if I told you that even below $400 has a high possibility to happen "right now"?

Please keep in mind that $50 price increase or decreased considered as a light margin to break it or to surpass it.

Going back to $420 could happen. If there is a big bad news about the bitcoin, it can go below $400 and stay there.

I cannot imagine any bad news. The bitcoin shall not be banned in any country, it is a legal property.
sr. member
Activity: 252
Merit: 250
May 23, 2016, 04:29:53 AM
#62
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

Welcome to the bitcoin world.

You see going back to $420 price is impossible? What if I told you that even below $400 has a high possibility to happen "right now"?

Please keep in mind that $50 price increase or decreased considered as a light margin to break it or to surpass it.

Going back to $420 could happen. If there is a big bad news about the bitcoin, it can go below $400 and stay there.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
May 22, 2016, 09:43:28 AM
#61
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

Welcome to the bitcoin world.

You see going back to $420 price is impossible? What if I told you that even below $400 has a high possibility to happen "right now"?

Please keep in mind that $50 price increase or decreased considered as a light margin to break it or to surpass it.
hero member
Activity: 840
Merit: 1000
May 22, 2016, 08:12:29 AM
#60
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

Mate, there is like an 80% chance that Bitcoin is going back down to $420 (and below). Burning question is, whether they are gonna take it back up to $450 first or not.

Bitcoin bulltards just need to keep their fingers crossed that this bearish resolution turns out to be a head fake on the grander scheme of things.
newbie
Activity: 31
Merit: 0
May 22, 2016, 07:03:51 AM
#59
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

$420 impossible? First of all, nothing is impossible when it comes to Bitcoin. Second thing, the price is only $20 away from reaching $420 right now. Only thing needed is a whale to dump around 1000-2000 BTC at once, and the rest will get done by the people that will start selling in panic. Very easy.

The price is around $430 now. So the $420 could be reached without much problem. Although I hope not.
legendary
Activity: 1232
Merit: 1091
May 20, 2016, 04:27:50 PM
#58
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

$420 impossible? First of all, nothing is impossible when it comes to Bitcoin. Second thing, the price is only $20 away from reaching $420 right now. Only thing needed is a whale to dump around 1000-2000 BTC at once, and the rest will get done by the people that will start selling in panic. Very easy.
sr. member
Activity: 420
Merit: 250
May 20, 2016, 03:09:24 PM
#57
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..

I am not sure how this is impossible. If we can go from 460 to 450 to 440, it seems plausible we will go to 420 now. I expect it so i have already place stop loss orders for in the case this happends. Block halving or time are both no guarantees for a higher price.
legendary
Activity: 2016
Merit: 1030
Privacy is always important
May 20, 2016, 01:06:38 PM
#56
Its very impossible right now that the price will going back to 420. but we see 2 days ago from the price of 460+ down to 440+ its mean they are still holding their coins and i think this just the efect of ethereum more traders are converting into ethereum again because of good potancial and profitable mining.. and block halving is too far.. so i think at june we will see the price going to increase again..
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
May 20, 2016, 12:46:08 PM
#55
I see remarks about merchants selling BTC.  I am only one merchant, and not a large one at that either, but I can assure you that every satang I ever earned via the company is still in BTC, and never sold any of it.

If I can afford to run the business and have to wait for BTC to do us all proud, then I'll do that.  It just means that on some sales I have to wear that risk (BTC being a minor payment method to compared to credit/debit cards at the moment), though I am of the mind that says accumulate any BTC that is over and above my need to keep my non BTC suppliers/manufacturers with bread on their respective tables.

The price drop has nothing to do with merchants selling BTC.
On a side note, you would be contributing more if you could get some of your suppliers to accept BTC. That is the way adoption increases.  Smiley
sr. member
Activity: 248
Merit: 252
May 20, 2016, 11:52:29 AM
#54
I see remarks about merchants selling BTC.  I am only one merchant, and not a large one at that either, but I can assure you that every satang I ever earned via the company is still in BTC, and never sold any of it.

If I can afford to run the business and have to wait for BTC to do us all proud, then I'll do that.  It just means that on some sales I have to wear that risk (BTC being a minor payment method to compared to credit/debit cards at the moment), though I am of the mind that says accumulate any BTC that is over and above my need to keep my non BTC suppliers/manufacturers with bread on their respective tables.

legendary
Activity: 896
Merit: 1000
May 20, 2016, 11:30:03 AM
#53
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true evne when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...

In a few years, when the bitcon is more valuable and more stable, and it is tested to be a proper currency, things will be different.
I think the price will never be stable bitcoin future although many countries will begin to adopt bitcoin as alternative currency other than the currency of their country.

Stability just means the bitcoin price volatility is similar to other major currency such as Dollar or Chinese Yuan.

keeping some sort of volatility in any kind of currency or market is the most important aspect as it will attract investors. if there was total stability where the price for example alway sits at $500 then which investor will jump into bitcoin? none.
sr. member
Activity: 840
Merit: 252
May 20, 2016, 11:25:26 AM
#52
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true evne when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...

In a few years, when the bitcon is more valuable and more stable, and it is tested to be a proper currency, things will be different.
I think the price will never be stable bitcoin future although many countries will begin to adopt bitcoin as alternative currency other than the currency of their country.

Stability just means the bitcoin price volatility is similar to other major currency such as Dollar or Chinese Yuan.

When the bitcoin price is stable, it will be inevestable just like other major currency. People will not be afraid to hold it.

When the price is as stable as the US dollar, when people sell things, they can mark it in bitcoin, this will increase its value.
sr. member
Activity: 308
Merit: 250
May 10, 2016, 09:16:29 AM
#51
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true evne when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...

In a few years, when the bitcon is more valuable and more stable, and it is tested to be a proper currency, things will be different.
I think the price will never be stable bitcoin future although many countries will begin to adopt bitcoin as alternative currency other than the currency of their country.

Stability just means the bitcoin price volatility is similar to other major currency such as Dollar or Chinese Yuan.

When the bitcoin price is stable, it will be inevestable just like other major currency. People will not be afraid to hold it.
sr. member
Activity: 252
Merit: 250
May 05, 2016, 02:15:12 AM
#50
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true evne when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...

In a few years, when the bitcon is more valuable and more stable, and it is tested to be a proper currency, things will be different.
I think the price will never be stable bitcoin future although many countries will begin to adopt bitcoin as alternative currency other than the currency of their country.

Stability just means the bitcoin price volatility is similar to other major currency such as Dollar or Chinese Yuan.
hero member
Activity: 518
Merit: 500
May 02, 2016, 02:35:32 AM
#49
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true evne when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...

In a few years, when the bitcon is more valuable and more stable, and it is tested to be a proper currency, things will be different.
I think the price will never be stable bitcoin future although many countries will begin to adopt bitcoin as alternative currency other than the currency of their country.
sr. member
Activity: 252
Merit: 250
May 02, 2016, 02:26:11 AM
#48
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true evne when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...

In a few years, when the bitcon is more valuable and more stable, and it is tested to be a proper currency, things will be different.
legendary
Activity: 3206
Merit: 1069
April 30, 2016, 06:01:57 AM
#47
It is not a drop of price. It is normal fluctuation of currency. And with volatility of bitcoin movement of +-$10 are considered total stability.
I wooed rather advise you to buy some BTC before we still can - halving is getting closer and closer.


2-5% price fluctuation for the bitcoin is very normal. The volatility in the past is much larger than that.

The low volatility will help the adoption of the bitcoin. So it will help the bitcoin price to go even higher.

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

this is true even when the price is stable, they always sell immediately after getting the coin, unless you have proof that merchants are holding right now, seeing how the market is very stable altely...
sr. member
Activity: 252
Merit: 250
April 30, 2016, 05:56:32 AM
#46

When the volatility is high, the merchants will not hold the bitcoin for some time, they will sell it as soon as they receive it.

As a merchant, what problems have you had with volatility? Do these problems differ from other currencies? What options have you explored for mitigating volatility?

You sell your goods for $100 worth of bitcoin, a few hours later, it becomes $80. You lose $20 in the process.
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