Well, there was a relatively large bubble last year in btc.
However, the difference between that one and this one is that prices are going up again to almost match the previous price.
I guess people still see the value in this.
Topic: Every time Bitcoin "Crashes" (Read 1250 times)
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
Because you can be sure the sky is falling, a guy on the Internet said so.
The sky is falling. I saw it.
Oh no!
Guys, my funds are already on exchange, I would appreciate it if you guys could panic sell for a bit, I heard the governments are now killing anyone with a bitcoin address, some guy on myspace said so.
A crash is actually good for faucets, they give more since the value of Bitcoin is lower!
I using free faucet and didnt notice increase
I am actually hoping for another crash/dip to pick up some BTC. It's healthy, natural and will make you stronger each time.
cheers,
ioldk
cheers,
ioldk
They say this crash was manipulated, since the amount of orders massively increased.
A crash is actually good for faucets, they give more since the value of Bitcoin is lower!
But by the time they go to change the payouts, the btc value has double back
A crash is actually good for faucets, they give more since the value of Bitcoin is lower!
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
Because you can be sure the sky is falling, a guy on the Internet said so.
Why do you care so much? You look like such a bull that a price of 800$ or 1000$ should hardly make a difference for you. Or you are not such a bull after all and you think that 1000$ is the ceiling?
(as a joke)Compared to the other crashes I have seen, this is hardly worth a mention. I like a crash, that is when I do most of my buying. The question I ask myself is "why is it crashing"?
If all the fundamentals of bitcoin are in tact, I buy.
I love bitcoin, however I love rationality more. For me the glass is not half full or empty. It is completely full; half with water, half with air.
Bitcoin has been volatile since it appeared, it didn't stop it from becoming what is today, so it is not a problem
Volatility is never a 'problem', it's just a statistic about the market. You can use it in one way or another. The south african dollar is volatile, and you could make just as much money trading it as you could mining bitcoins. The question is whether or not volatility will cause a decreasing market: aka, when the south african dollar goes up or down, do people move out of the country in fear? I think the OP is stating (and I agree) that even if bitcoins get volatile to the point of crashing, there are more than enough long-term and stable investors who won't pull out now that it won't reach insane record lows anymore.
Bitcoin has been volatile since it appeared, it didn't stop it from becoming what is today, so it is not a problem
I'm new at this, but here's my thoughts: Highly volatile markets will damper average growth and investment long-term as a currency, so big swings like that are something that long-term players should be 'worried' about. Short-term players who are going long or short on the slides and such will benefit more from a volatile market, provided that there are still enough buyers and sellers for them to dump into a more stable storage of value (such as USD, gold, etc.).
In the case of bit coin, or at least in the last week, increases in volatility do not seem to coincide with a decrease in the overall market growth, so its not really investor scare. More people are coming in despite the jumps up and down. This means that the market is attracting more players who are attracted by volatile "Get rich quick" plans, and they are finding some degree of success.
Which totally makes sense, if you look at the news. More serious investors, who don't know how to operate well in the environment and are struggling over barriers of entry, are going to Bitcoin, and their non-optimal decisions prop up its long-term value for familiar, optimized players in spite of these volatile changes. These crashes are what happens when a big elephant in the room jiggles a little, and the many many mice (scared of the elephant) all overreact very quickly to it. But instead of fleeing the room en masse, they are actually just rearranging themselves.
It's impossible to be rational and worry about it at the same time because so long as the market is moving (up or down), there is always a way to make money. I think the only worry should be worrying about which side of the market you are on and when.
In the case of bit coin, or at least in the last week, increases in volatility do not seem to coincide with a decrease in the overall market growth, so its not really investor scare. More people are coming in despite the jumps up and down. This means that the market is attracting more players who are attracted by volatile "Get rich quick" plans, and they are finding some degree of success.
Which totally makes sense, if you look at the news. More serious investors, who don't know how to operate well in the environment and are struggling over barriers of entry, are going to Bitcoin, and their non-optimal decisions prop up its long-term value for familiar, optimized players in spite of these volatile changes. These crashes are what happens when a big elephant in the room jiggles a little, and the many many mice (scared of the elephant) all overreact very quickly to it. But instead of fleeing the room en masse, they are actually just rearranging themselves.
It's impossible to be rational and worry about it at the same time because so long as the market is moving (up or down), there is always a way to make money. I think the only worry should be worrying about which side of the market you are on and when.
It is funny, the more bitcoin crash, the more the price increase.
Call me when price drop to 2$, a "drop" to 800 worrying? Seriously?
Call me when price drop to 2$, a "drop" to 800 worrying? Seriously?
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
Because you can be sure the sky is falling, a guy on the Internet said so.
Why do you care so much? You look like such a bull that a price of 800$ or 1000$ should hardly make a difference for you. Or you are not such a bull after all and you think that 1000$ is the ceiling?
Everytime Bitcoin Crashes there is good opportunity to buy 
yes, many people want to buy then so demand increases and the previous price before the drop is soon reached again
go bitcoin
Everytime Bitcoin Crashes there is good opportunity to buy
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
Because you can be sure the sky is falling, a guy on the Internet said so.
The sky is falling. I saw it.
Could you guys do me a solid and continue panic selling for two more days? That would be awesome. My funds are on the way to the exchange.
Because you can be sure the sky is falling, a guy on the Internet said so.
Because you can be sure the sky is falling, a guy on the Internet said so.
the fall might be related to the Sheep Marketplace and the Black Market Reloaded shuting down but from past experiences I know that it's going to climb back up again, don't worry
i think this rally is over. long slow slide coming?
Stop worrying because you posted that graph? Well excuse me but you should try harder.
Look at the prices, and look what happened after. Everyone thought that sell off was the end of Bitcoin, now it's just a little blip in the charts.
I don't doubt that i 'm just saying that not every situation is the same...
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