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Topic: Bitcoin price - page 2. (Read 1793 times)

legendary
Activity: 2114
Merit: 1015
October 05, 2014, 05:54:22 AM
#7
Do not trade bitcoin for USD because by doing that you support the manipulators and crooked exchanges. However, what you could do is buy NuBits for your bitcoins because NuBits are always 1$ each. That way you are still supporting the cryptos and it's a nice hedge against bitcoin's decline. Oh and what is best about nubits is that you don't need to hold them on an exchange account like it is the case with USD but in your wallet instead.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
October 05, 2014, 05:53:46 AM
#6
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?

It's not low, it is still ridiculously overpriced. Over $300 dollar for a single bitcoin? Give me a break

When the value of bitcoin was  1200 $ , tell me ( please ) was it overpriced  or not?

Obviously, $1200 was insanity, top of a mania
legendary
Activity: 1778
Merit: 1043
#Free market
October 05, 2014, 05:50:47 AM
#5
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?

It's not low, it is still ridiculously overpriced. Over $300 dollar for a single bitcoin? Give me a break

When the value of bitcoin was  1200 $ , tell me ( please ) was it overpriced  or not?
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
October 05, 2014, 05:48:29 AM
#4
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?

It's not low, it is still ridiculously overpriced. Over $300 dollars for a single bitcoin? Give me a break
staff
Activity: 3458
Merit: 6793
Just writing some code
October 05, 2014, 05:45:45 AM
#3
It's good news about price going to low I like to use Value Investment I can hold  Grin
legendary
Activity: 4410
Merit: 4766
October 05, 2014, 05:26:28 AM
#2
small answer: price manipulation

exchanges are only doing a few hundred coins of actual trade vs real bank account withdrawal/deposits. the other 14,000 coins+ volume is from manipulators messing around with the prices on the mysql databases pushing the prices down.

for the last 2 weeks the main traders have been obvious. look at btc-e.

the majority of orders are 0.011 or 0.0212. and then there is an occassional order of 50-250 coins causing a wall, which stops price movements going beyond that wall.

it has been the same pattern for many weeks.

the best advice is to not worry about exchange prices. if you really need fiat (bank account money). then use localbitcoins.com
if you are simply trading for profit, then trade bitcoins for stable altcoins. and ignore the bitcoin-USD value.
newbie
Activity: 43
Merit: 0
October 05, 2014, 05:18:23 AM
#1
Hello, sorry for my English.
Can you tell me why the bitcoin price so low? Can anyone tell me will it go up?
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