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Topic: Bitcoin Struggling To Hold Above $500 USD. - page 4. (Read 5036 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
November 19, 2013, 08:39:12 PM
#6
Since the crash, the price has kept decreasing.

Otherwise, whats up guys?

Well, it's higher then like, well, last week. So it's not really a crash. More like it was unsustainable for the price to keep going like that.
hero member
Activity: 924
Merit: 1001
November 19, 2013, 08:35:53 PM
#5
I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me.


Huh  You couldn't sell on Coinbase?

What happened?
sr. member
Activity: 406
Merit: 250
November 19, 2013, 08:08:22 PM
#4
I just wish I knew of a good way to buy and sell during these times.

Always used Coinbase but that was a failure.  I bought at $65 so it's not like I'm mad in the least, but I was trying to sell at $850 yesterday and couldn't find anything that wanted to work for me.   I don't trust BTC-E or MtGox since I have heard horror stories out of both of them.

Guess I need to check this CampBX site out.

legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
November 19, 2013, 08:05:31 PM
#3
Since the crash, the price has kept decreasing.

Otherwise, whats up guys?
/
You didn't buy the hype that Bitcoin is "different this time" and stuff can keep going up 50% per day until it hits $1B USD did you?

Long term bullish on Bitcoin but the price gains over the last week or so are just utterly unsustainable.  Will Bitcoin hit $1K someday?  I think so but even the exponential long term growth has been on the order of 0.5% per day not 100x that.

I always thought bitcoin wasnt going to continue to rise rapidly. Too many people would be multi millionaires! As you said, unsustainable.
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 19, 2013, 08:02:51 PM
#2
Since the crash, the price has kept decreasing.

Otherwise, whats up guys?
/
You didn't buy the hype that Bitcoin is "different this time" and stuff can keep going up 50% per day until it hits $1B USD did you?

Long term bullish on Bitcoin but the price gains over the last week or so are just utterly unsustainable.  Will Bitcoin hit $1K someday?  I think so but even the exponential long term growth has been on the order of 0.5% per day not 100x that.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
November 19, 2013, 07:59:58 PM
#1
Since the crash, the price has kept decreasing.

Otherwise, whats up guys?

Feeling generous?  12hYBWiPqfwdveGzpbRdGxeqnoMcNvGNSq
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