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Topic: BTC a real Currency!!! Why the price drop (Read 653 times)

full member
Activity: 210
Merit: 100
August 08, 2013, 09:31:33 PM
#12
I understand but I don't get it. Ive seen 15-$30 price jumps on pure speculation. It dont make since to me that proof of acceptance wouldn't make a price increase.  I guess panic drive's prices
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 08, 2013, 09:18:27 PM
#11
In markets growth doesn't occur in one direction.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
August 08, 2013, 08:36:11 PM
#10
Well it's still up from the July low a decent amount.  Price seems to fluctuate a lot lately, it's supply and demand.
newbie
Activity: 46
Merit: 0
August 08, 2013, 08:24:24 PM
#9
Because it's dying!
Sell, sell, before it goes to ZERRROOO!!!

Just like fiat currency, bitcoins also have price fluctuations but it is not dying. As difficulty rises so as the price is.

If the prices of bitcoins are falling then it is good to buy some of it.

The only way to kill bitcoins is to shutdown the Internet if you know what i mean.
full member
Activity: 210
Merit: 100
August 08, 2013, 08:08:06 PM
#8
Because it's dying!
Sell, sell, before it goes to ZERRROOO!!!

I doubt BTC is dying. IF it dies all the other crypto becomes pointless. BTC has to many followers. People just want to make fast money, that's why they switch to the pump and dumps
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 08, 2013, 08:05:29 PM
#7
Correlation is not causation.  The sun also rose this morning so maybe the sun going up makes Bitcoin prices go down.  Bitcoins enjoy the night life.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
August 08, 2013, 08:05:07 PM
#6
Because the $200M Avalon was a fake.
newbie
Activity: 7
Merit: 0
August 08, 2013, 08:04:18 PM
#5
Because it's dying!
Sell, sell, before it goes to ZERRROOO!!!
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
August 08, 2013, 07:59:03 PM
#4
So would it have been better if bitcoin was not a currency? Will government regulation destroy BTC?

I doubt that they can regulate BTC, so idk. People are just freaking out atm, like always.
full member
Activity: 210
Merit: 100
August 08, 2013, 07:56:18 PM
#3
So would it have been better if bitcoin was not a currency? Will government regulation destroy BTC?
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
August 08, 2013, 07:53:44 PM
#2
Because of the taxes and shit. Not that I care or anything, I don't live in the USA.
full member
Activity: 210
Merit: 100
August 08, 2013, 07:50:29 PM
#1
http://rt.com/usa/bitcoin-sec-shavers-texas-231/

I see this today and notice BTC is down from $97 since last night. Whats the deal
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