Bitcoin bubble starting to burst? | Bitcointalksearch.org

Carra23

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Quote from: ShakyhandsBTCer on June 15, 2014, 10:30:31 PM

Quote from: Carra23 on June 15, 2014, 04:53:15 PM

Quote from: Cryptogirl82 on June 12, 2014, 05:08:30 AM

So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??

This is hardly anything. It is very volatile which makes it great for gamblers like us

I would like to see the price of bitcoin stabilize even if it means that the price is a little bit lower. A stable price will allow for more people to adopt it as a currency

Bitcoin will not be a currency but will be a store of value.

Besides, currencies go up and down all the time.

amencon

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Quote from: ShakyhandsBTCer on June 15, 2014, 10:30:31 PM

Quote from: Carra23 on June 15, 2014, 04:53:15 PM

Quote from: Cryptogirl82 on June 12, 2014, 05:08:30 AM

So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??

This is hardly anything. It is very volatile which makes it great for gamblers like us

I would like to see the price of bitcoin stabilize even if it means that the price is a little bit lower. A stable price will allow for more people to adopt it as a currency

Which will cause the price to go up... oh no.

Glizlack

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I don't want to predict any numbers but the fact of the rising difficulty I believe will cause prices to go up. Because mining needs to at least be break even to keep most of the miners mining obviously.

Steve

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: Carra23 on June 15, 2014, 04:53:15 PM

Quote from: Cryptogirl82 on June 12, 2014, 05:08:30 AM

So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??

This is hardly anything. It is very volatile which makes it great for gamblers like us

I would like to see the price of bitcoin stabilize even if it means that the price is a little bit lower. A stable price will allow for more people to adopt it as a currency

Carra23

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Quote from: Cryptogirl82 on June 12, 2014, 05:08:30 AM

So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??

This is hardly anything. It is very volatile which makes it great for gamblers like us

okthen

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This isn't a bubble.
We are in the midst of a consolidation period, and this was just a news related dip.

Ashbite

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well bitcoins course is never stable.
And we've seen that it can go up and down like crazy so this is no biggie

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: Malin Keshar on June 14, 2014, 04:34:30 PM

Quote from: ShakyhandsBTCer on June 14, 2014, 04:21:29 PM

Quote from: jarrodaxia on June 12, 2014, 04:09:40 PM

Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?

It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again.

at the moment there are other issues( 51% atacks, FUD about exchanges, China atacking again...), and they have more seized coins to sell. So I doubt 27th will be the end

Well it looks like we are getting past "51%" issues, there will always be FUD around everything (not just bitcoin but all investments that are successful), China can likely not get more aggressive then they already are.

Malin Keshar

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Quote from: ShakyhandsBTCer on June 14, 2014, 04:21:29 PM

Quote from: jarrodaxia on June 12, 2014, 04:09:40 PM

Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?

It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again.

at the moment there are other issues( 51% atacks, FUD about exchanges, China atacking again...), and they have more seized coins to sell. So I doubt 27th will be the end

ShakyhandsBTCer

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Quote from: jarrodaxia on June 12, 2014, 04:09:40 PM

Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?

It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again.

toknormal

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Quote from: toknormal on June 12, 2014, 05:19:10 PM

It's what I call a "stilleto heel" correction

Malin Keshar

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Are you a crypto FBI girl with inside info? Few hours before the news about FBI move their coins to a future auction you came here talking about a bubble ^^

http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/

For me it is not a bubble, just people panicking and selling, and rational people that knows that many people will panic sell are selling to buy lower. It will be like a chinese ban soap opera 2.0, but at the end we will be back to 600's

Quote from: jarrodaxia on June 12, 2014, 04:09:40 PM

Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?

1 month for auction, can be more because some FBI guys might find a good idea get time to buy as much bitcoin as they can at the lowest price
more 6 weeks to people stops to be afraid of a big dump from whoever bought the coins.

So around 2-3 months until we back up,I think

toknormal

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It's what I call a "stilleto heel" correction

toknormal

legendary

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Eeer com's t' rebouund - maybe better make that 48 minutes Shocked

toknormal

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I actually think this is quite bullish.

It looks like it's going to get what would normally amount to a 3-week long correction, out of the way in 48 hours.

jarrodaxia

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Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?

serenitys

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Be Here Now

It just dropped to 596...and hovering at 599...

Interesting to see it at work though. Not scared. Not panic selling.

Will still buy next week whatever the price is

GigaCoin

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