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Topic: Crossed 500 USD - Bull Market returns ? - page 7. (Read 22520 times)

sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
August 02, 2014, 11:39:57 AM
We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.
Now again its going under 590$ but best thing its most of time staying in 590$
member
Activity: 84
Merit: 10
August 02, 2014, 10:21:48 AM
This endless stairs up never end  Cheesy
sr. member
Activity: 252
Merit: 250
August 02, 2014, 04:19:41 AM
500$+ maybe we need to dispose some altcoin  Cheesy
thus that could be the cause of a dramatic crash down of btc  Undecided
legendary
Activity: 1358
Merit: 1000
August 02, 2014, 04:07:53 AM
We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.

News like this is good for bitcoin.
http://www.boston.com/business/news/2014/08/01/the-suffers-worst-week-years/rxV9jv6DYUimoVC2p4LodL/video.html
full member
Activity: 181
Merit: 100
August 01, 2014, 12:16:21 PM
We just re-crossed 600 from the mid 585.

Tighten your seat belt, the bull has returned.
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
August 01, 2014, 11:48:12 AM
Trend for short term is going down.

Unless there is good news, it will keep going down for a while.
These short term up downs regular thing so no matter of worries now again its going to touch 600$
hero member
Activity: 896
Merit: 1000
August 01, 2014, 03:30:51 AM
Trend for short term is going down.

Unless there is good news, it will keep going down for a while.

And the price is already getting back to around $590 on bitstamp now, and looks to be pretty stable there.
I was in fact planning to buy some more bitcoin if the price drops to $500, but I guess I couldn't do it soon. Smiley
full member
Activity: 231
Merit: 100
Trend for short term is going down.

Unless there is good news, it will keep going down for a while.
sed
hero member
Activity: 532
Merit: 500
Corrections are healthy!

More merchants accepting BTC will lead to greater liquidation (from those merchants) in the short term but the improvement in awareness among customers and adoption by other big merchants will grow the market.

The problem is the balance between investment and medium exchange, the latter won't lead to higher prices and IS the primary objective of the currency.

Primary objective is to be a medium of exchange which will not be subject to inflation.

After large scale adoption, hopefully prices will be stable.


Agree, but personally I hope they stabilize somewhere north of 1000USD.  Smiley
legendary
Activity: 1358
Merit: 1000
20x in 5 months? We probably need a new "Willy" bot on the exchanges to archive that goal lol. Wink

I don't think the bitcoin world is ready for another Mt Gox so soon.  Wink
hero member
Activity: 625
Merit: 500
lets hope it hit 2000$

if history is any indication it should go well above the last high of $1200. I'm hoping for 10k by end of year.

10K by the end of the year? 20x in 5 months? You are expecting the 2013 to repeat itself.  Wink

20x in 5 months? We probably need a new "Willy" bot on the exchanges to archive that goal lol. Wink
legendary
Activity: 1358
Merit: 1000
lets hope it hit 2000$

if history is any indication it should go well above the last high of $1200. I'm hoping for 10k by end of year.

10K by the end of the year? 20x in 5 months? You are expecting the 2013 to repeat itself.  Wink
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Seems to be going on a downward trend right now.... $585

You don't need to worry about the short-term ups and downs if you are planning to hold bitcoin for a long period of time (a year plus). Smiley

Duration does help and on the bright side if it can beat a 3% bond or GIC then your in the clear
20% for a high risk stock lol.
hero member
Activity: 625
Merit: 500
Seems to be going on a downward trend right now.... $585

You don't need to worry about the short-term ups and downs if you are planning to hold bitcoin for a long period of time (a year plus). Smiley
newbie
Activity: 51
Merit: 0
lets hope it hit 2000$

if history is any indication it should go well above the last high of $1200. I'm hoping for 10k by end of year.
legendary
Activity: 1512
Merit: 1218
Change is in your hands
lets hope it hit 2000$
legendary
Activity: 1358
Merit: 1000
Seems to be going on a downward trend right now.... $585
newbie
Activity: 14
Merit: 0
Bull never went away.
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

You are right but it is a bit weird since if people want to buy they should think the price is low at the moment

If we cross 500USD again it will be the return of a severe bear market

I think it could dip to 500, and then head back to 600. I think people just think the 1200 price tag was a fluke and it won't reach that again anytime soon....(this coming from non-bitcoiners looking to it as an investment vehicle).
It will touch this 1200$ again but need some more time and some good news which are not coming right now
newbie
Activity: 51
Merit: 0
A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

You are right but it is a bit weird since if people want to buy they should think the price is low at the moment

If we cross 500USD again it will be the return of a severe bear market

I think it could dip to 500, and then head back to 600. I think people just think the 1200 price tag was a fluke and it won't reach that again anytime soon....(this coming from non-bitcoiners looking to it as an investment vehicle).
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