Yep ! Welcome to FOREX.
All currencies move.
Topic: Bitcoin ups and downs (Read 660 times)
How low do you guys speculate the price of btc will drop before reaching something relatively stable? Will it never stop? All this negative attention towards the crypto currency is the reason for the panic selling
I doubt Bitcoin price can be stable now because I still waiting what happens with China at the end of this month.
i don't like speculate 
The range will become lower if enough people gonna start using it. Especially when the part of using it for storing and paying becomes significantly larger than the speculating part. But we're not even close to that, it's still "the early days".
I have tried to get into trading. So far I'm not really making money but haven't lost too much.
If I someday figure out how to do it right, how much money can someone expect to make from day trading? I mean, what's reasonable % for some guy working from his computer?
Is it impossible without complicated algorithms and insider info?
21st century Gordon Gecko I am not.
If I someday figure out how to do it right, how much money can someone expect to make from day trading? I mean, what's reasonable % for some guy working from his computer?
Is it impossible without complicated algorithms and insider info?
21st century Gordon Gecko I am not.
The past 24h has been a roller-coaster at the exchange market, at least the one where I usually buy/sell bitcoins. I'm trying to see/learn pattern to start day-trading 
I try to keep track here as well http://bitcoincharts.com/markets/
I try to keep track here as well http://bitcoincharts.com/markets/ global moderator
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How low do you guys speculate the price of btc will drop before reaching something relatively stable? Will it never stop? All this negative attention towards the crypto currency is the reason for the panic selling more specifically, ( http://www.coindesk.com/chinas-ebay-bans-bitcoins-and-mining-gear/ ) and ( http://www.coindesk.com/german-central-bank-official-issues-another-bitcoin-warning/ ). All i wish is that everyone could see the potential and have some faith, also a little more good publicity would be nice too. 
People are fickle and stupid, hence why they Panic sell. It doesn't matter in the grand scheme of things, but these fools wont listen.
How low do you guys speculate the price of btc will drop before reaching something relatively stable? Will it never stop? All this negative attention towards the crypto currency is the reason for the panic selling more specifically, ( http://www.coindesk.com/chinas-ebay-bans-bitcoins-and-mining-gear/ ) and ( http://www.coindesk.com/german-central-bank-official-issues-another-bitcoin-warning/ ). All i wish is that everyone could see the potential and have some faith, also a little more good publicity would be nice too.
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