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Topic: Bitcoin Price Is Not Rebounding,why? - page 2. (Read 5957 times)

sr. member
Activity: 476
Merit: 250
October 23, 2014, 05:52:42 PM
#38
This is good for Bitcoin. We need to get a lot lower to shake out all the weak hands. Plus, lower prices means cheaper coins for us true believers! Imagine how many coins we'll buy if we ever go sub 100!!! We'll buy thousands of them! Then, when we drop below $50, we'll buy tens of thousands! Promise!!!
legendary
Activity: 1456
Merit: 1010
Ad maiora!
October 23, 2014, 05:06:23 PM
#37
Supply and demand. The btc economy is small, there are more btc in circulation than are wanted by buyers. Simple as that. You could say btc is at its true value right now, but if more people use it in the future=higher valuation.
full member
Activity: 126
Merit: 100
October 23, 2014, 05:01:24 PM
#36
Stable is better than huge swings.

i prefer i higher price for a stable price

Don't worry it will take a sharp correction like today's to move to the next higher level!
member
Activity: 77
Merit: 10
October 23, 2014, 04:14:06 PM
#35
you gotta understand what happened in these past few years, esp for people to recover.

1) Dumb Mt. Gox (phantom deposits)
2) BTC e incidents (wire transfer delays and selective scamming)

It will drop back to prices way below $300.
legendary
Activity: 3248
Merit: 1070
October 23, 2014, 03:23:04 PM
#34
Stable is better than huge swings.

i prefer i higher price for a stable price
member
Activity: 99
Merit: 10
October 23, 2014, 03:09:18 PM
#33
It will hit 250 by the end of the month im sure.

Just curious.  How do you pronounce your forum name?
hero member
Activity: 924
Merit: 1000
October 23, 2014, 01:43:30 PM
#32
Because markets don't go straight up, that's why.
hero member
Activity: 756
Merit: 500
October 23, 2014, 11:38:33 AM
#31
I believe it's because BTC is in a transition stage.  More and more companies are accepting it and they have to pay employees and suppliers in fiat so they need to turn the BTC into cash as soon as it hit's their wallets.  So there is constant sell pressure from these companies and not enough people buying to make up the difference.  This will change soon enough though I think.  But... time will tell.
legendary
Activity: 1176
Merit: 1000
October 23, 2014, 09:54:12 AM
#30
It will hit 250 by the end of the month im sure.

I'm bearish, but I doubt it will go that low in a week. There was a great deal of buying pressure that appeared when it went down to sub-300 briefly at the beginning of the month. I think it will test 300 again, but bounce up again. Just it wont bounce up quite as far as it did a week ago. That's my tuppence worth...

So your prediction is down in a never ending bear market. Meanwhile every other metric in the bitcoin world points the other way. At some point the two will collide Smiley
full member
Activity: 215
Merit: 100
October 23, 2014, 09:44:24 AM
#29
It will hit 250 by the end of the month im sure.

I'm bearish, but I doubt it will go that low in a week. There was a great deal of buying pressure that appeared when it went down to sub-300 briefly at the beginning of the month. I think it will test 300 again, but bounce up again. Just it wont bounce up quite as far as it did a week ago. That's my tuppence worth...
newbie
Activity: 15
Merit: 0
October 23, 2014, 09:31:28 AM
#28
It will hit 250 by the end of the month im sure.
legendary
Activity: 1176
Merit: 1000
October 23, 2014, 09:29:05 AM
#27
bitcoin dead now at 356.6$

If it's dead now, how are you going to feel when we dip another $100?

What are this week's lottery numbers?
sr. member
Activity: 369
Merit: 250
October 23, 2014, 09:12:44 AM
#26
bitcoin dead now at 356.6$

If it's dead now, how are you going to feel when we dip another $100?
hero member
Activity: 896
Merit: 1000
October 23, 2014, 08:57:00 AM
#25
bitcoin dead now at 356.6$
full member
Activity: 169
Merit: 100
October 21, 2014, 09:23:49 AM
#24
As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$.
Any reason why its not getting his real value after crashing?

The current price is always the real value. It is a price where both buyer and seller agree on being "fair".
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
October 21, 2014, 09:03:51 AM
#23
We should be happy that bitcoin is now steadying at $380. I was a little worried when it hit below 350.

Agree, as long as its staying at least $380 it has high chance of going up...

But not over $420 so easily.
sr. member
Activity: 273
Merit: 250
October 21, 2014, 08:47:17 AM
#22
We should be happy that bitcoin is now steadying at $380. I was a little worried when it hit below 350.

Agree, as long as its staying at least $380 it has high chance of going up...
newbie
Activity: 35
Merit: 0
October 21, 2014, 08:03:44 AM
#21
We should be happy that bitcoin is now steadying at $380. I was a little worried when it hit below 350.
legendary
Activity: 1806
Merit: 1024
October 21, 2014, 06:15:18 AM
#20
As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$.
Any reason why its not getting his real value after crashing?

Because valuation changes constantly.

So far, Bitcoin had the fastest value appreciation of any asset I know. It's only fair to grant Bitcoin a break. I'm more confident than ever that Bitcoin is the future. Consolidation is a healthy process, because people's expectations have to cool down and there's a lot of things to do, before Bitcoin can enter the mainstream.

ya.ya.yo!
member
Activity: 71
Merit: 10
October 21, 2014, 02:19:34 AM
#19
It will rise, but not so fast as you would like to.
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