Topic: falling prices - page 2. (Read 2108 times)
I haven't checked the BTC price since early May, and was relieved to see the price hasn't changed at all.
Bitcoin is up 500% this year and Litecoin even more. What's the problem?
it looks like a trend change, thats the problem, bubbles like we had in march/april crash, and then recover, and the volatility keeps it up and down for a while, but its mid june now, and this has more or less settled down, but we are seeing seclining prices, across the board, in the space of under a month, like i said litecoin has shit itself by about a dollar, namecoin is tumbling, bitcoin also falling off a bit, why is this happening to more than just bitcoin? its a bearish trend change signal to the whole cryptocurrency idea which has me concerned
may's low price for the month was $79 dollars..
April's low price for the month was $50 dollars..
so junes price still being well over May's low and sticking to the $100 price area means that the price is not really worth panicking over.
relax. and as mr Miagi says: danielson finance trading, like painting fense. it always Uppp Dowwwn uppp Dowwn.
now go paint all the fense untill you realise it always the same.
and as will smith more recently said "fear and panic is only in your mind. it isnt real"
April's low price for the month was $50 dollars..
so junes price still being well over May's low and sticking to the $100 price area means that the price is not really worth panicking over.
relax. and as mr Miagi says: danielson finance trading, like painting fense. it always Uppp Dowwwn uppp Dowwn.
now go paint all the fense untill you realise it always the same.
and as will smith more recently said "fear and panic is only in your mind. it isnt real"
Price rise was too high, too quick. We are in a consolidation phase.
Bitcoin is up 500% this year and Litecoin even more. What's the problem?
any ideas as to why bitcoin price has dropped so much in the last few weeks? its getting a bit bearish imo, whats concerning me is that prices are falling across the board, litecoin has lost about a dollar, namecoin has lost about 50% in only a few weeks ...
across the board falls like this are not just volatility, or even investor/speculator sentiment on one or more particular cryptocurrency, im a bit concerned it points to some emerging problem in the entire bitcoin idea
people who think its good that price falls because they can get btc cheap should take not of the old wall st analogy of trying to catch a falling knife ...
across the board falls like this are not just volatility, or even investor/speculator sentiment on one or more particular cryptocurrency, im a bit concerned it points to some emerging problem in the entire bitcoin idea
people who think its good that price falls because they can get btc cheap should take not of the old wall st analogy of trying to catch a falling knife ...
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