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Topic: bitcoin price drop? - page 2. (Read 9316 times)

hero member
Activity: 826
Merit: 501
in defi we trust
legendary
Activity: 1512
Merit: 1012
Still wild and free
June 07, 2013, 04:40:55 PM
#14
The $USD dollar is getting stronger.

I have no expertise at all in economy, but I do wonder what leads you to such a statement?
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
June 07, 2013, 03:21:51 PM
#13
The up and coming regulations and possible new laws may that may appear at any time without notice make selling BitCoin now, if it returns a profit, a great idea.


Selling anything at any time, if it returns a profit, is probably a great idea   Huh Roll Eyes
member
Activity: 84
Merit: 10
'That Guy'
June 07, 2013, 02:58:39 PM
#12
The up and coming regulations and possible new laws may that may appear at any time without notice make selling BitCoin now, if it returns a profit, a great idea.

Who knows, tomorrow we may see the 5 badge seal on CoinBase.com. In the future it will only be harder and harder to liquidate BitCoin. Without the ability to turn BitCoin to fiat currency it is basically useless at this point.

The $USD dollar is getting stronger.

Gold and Silver are tanking too. That bubble is over. Feel bad for the people who bought silver in the $40s range!

Silver is down another 5% just today alone: http://www.kitcosilver.com/charts/24hoursspot.html

Also, in an economic collapse Gold and Silver will not be the savior currency once thought to be so.
full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
June 07, 2013, 02:55:05 PM
#11
A natural thing about people:  When they're told NOT to do something, it makes them want to do it more.  Doesn't matter what the thing is.  This is directly related to "demand".

Prohibition anyone? Tongue
hero member
Activity: 546
Merit: 500
June 07, 2013, 02:12:13 PM
#10
it went from 30 to 2, last time

so 266 to 20 is realistic

the only question is whether money flows into or out of bitcoin, at the moment it looks bad. Obviously newly mined BTC are sold and there are no new investors.

the good thing is, if it goes from 266 to 20, there is no reason why there shouldn't be a third wave which could take it to well over 1000

No. You just made this up because you believe there must be a "pattern".

You can use past history to predict the future.

There are reason for everything and when we can't see the reason we invent something.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
June 07, 2013, 02:05:27 PM
#9
The hype is gone.

Exchanges are getting seized.

Feds are associating BitCoin with 'illegal activity' & 'terrorists', or at least putting this fear out in the media.

Feds are pressuring the BitCoin world.

The IRS is scaring people.

Scammers with trade are rampant as the transactions are irreversible and really nothing can be done.

etc...

etc...

I don't see how this is any good?

A natural thing about people:  When they're told NOT to do something, it makes them want to do it more.  Doesn't matter what the thing is.  This is directly related to "demand".
legendary
Activity: 1372
Merit: 1014
June 07, 2013, 02:03:05 PM
#8
it went from 30 to 2, last time

so 266 to 20 is realistic

the only question is whether money flows into or out of bitcoin, at the moment it looks bad. Obviously newly mined BTC are sold and there are no new investors.

the good thing is, if it goes from 266 to 20, there is no reason why there shouldn't be a third wave which could take it to well over 1000
member
Activity: 84
Merit: 10
'That Guy'
June 07, 2013, 02:02:53 PM
#7
The hype is gone.

Exchanges are getting seized.

Feds are associating BitCoin with 'illegal activity' & 'terrorists', or at least putting this fear out in the media.

Feds are pressuring the BitCoin world.

The IRS is scaring people.

Scammers with trade are rampant as the transactions are irreversible and really nothing can be done.

etc...

etc...

I don't see how this is any good?
sr. member
Activity: 350
Merit: 250
June 07, 2013, 01:57:59 PM
#6
If bitcoin drops to 10-20 it is pretty much dead.

so am i

LOL... Let's hope that does not happen.
legendary
Activity: 2338
Merit: 2106
June 07, 2013, 01:56:43 PM
#5
If bitcoin drops to 10-20 it is pretty much dead.

so am i
hero member
Activity: 546
Merit: 500
June 07, 2013, 01:54:36 PM
#4
If bitcoin drops to 10-20 it is pretty much dead.
sr. member
Activity: 448
Merit: 250
June 07, 2013, 01:30:37 PM
#3
Past week bitcoin has been slowly dropping in price. What you guys think? Will it slowly drop back to 10-20$?


$10-$20? Lol, definitely  Cheesy
member
Activity: 62
Merit: 10
June 07, 2013, 01:24:22 PM
#2
Difficult to see.  Always in motion is the future.
sr. member
Activity: 420
Merit: 250
June 07, 2013, 01:05:42 PM
#1
Past week bitcoin has been slowly dropping in price. What you guys think? Will it slowly drop back to 10-20$?
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