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Topic: Bitcoin Price Reaction from the community (Read 775 times)

newbie
Activity: 44
Merit: 0
August 22, 2014, 11:23:22 PM
#1
Original topic: https://bitcointalksearch.org/topic/m.8441516

Recently, we conducted a poll here at the Cryptocoin Chronicle. many people voted in the poll, and expressed their views on the price drop of Bitcoin in the Bitcointalk Thread I created. I wanted to do a short write-up based on responses I got on the Bitcoin price as well as overall shifts in the market since the poll.

Based on the poll as of this time of writing, out of the 22 votes, 52% of voters are holding their Bitcoin, 39% were buying more, and 4% were trading on margins trying to make a profit.

These results indicate a strong belief in Bitcoin from supporters. From the sample group and responses on Bitcointalk, the majority of Bitcoin users are un-phased by price drops. though the price drop was minor compared to the drop we saw from Mt Gox, Bitcoin’s supporters are resilient to setbacks.

Read the full article at: http://cryptocoinchronicle.com/2014/08/bitcoin-price-reaction-community/

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