because 10 is no nense, there will be always a demand for bitcoin no matter what will happen, that demand say that bitcoin is worth 200
also falling from 1200(fake pump) to 200, it's not the same as falling from 200(real floor) to 10, but not just because of the big differece x6 vs x20 but because it was a natural grow
Topic: How Did bitcoin remained at 200 USD - page 2. (Read 2038 times)
The market just corrects at any one time. That is just the natural price with with all past market thought.
I was just wondering because if mtgox was responsible for making the fake increase of the price of bitcoin, then how come it remained at $200 and why it did not fell down to $10 like before?
people accuse Gox from the 200-1000+ rise, not all rise since the 10.
And with or withou Willy bot more people are using BTC and more people know about it, so the rise
the price has been droped 800% but we still are here because this currency has impressed us and still it is developing is a good speed.yes we faced a fall but we will reach there again without any mtgox 
everyone is serious now
everyone is serious now 
I don't think they are as big of a factor as you may believe they are. There are too many traders to fully believe that would be possible.
Remember that MtGox wasn't the only exchange. Even if they had some fake orders that were manipulating price that wouldn't be consistent with all the other exchanges. Bitcoin definitely had some enthusiasm bubbles that would have happened anyway.
I was just wondering because if mtgox was responsible for making the fake increase of the price of bitcoin, then how come it remained at $200 and why it did not fell down to $10 like before?
MtGox was only one of many variables. The price seems to have finally digested all the various news and stabilized. I would say $10 is probably not in the near future, but with bitcoin you never know. Without some major shift is sentiment, we could be trading in this range for a long time.
I'm not sure why it did not fall to $10 USD when Mt Gox fall. Well, my guess is that more people get to know about Bitcoin because of the fall. Thus, the price did not went below $100 USD.
I was just wondering because if mtgox was responsible for making the fake increase of the price of bitcoin, then how come it remained at $200 and why it did not fell down to $10 like before?
mtgox was not responsible for much of the increases.. that was the hype from chinese exchanges that people then sheep followed on US exchanges. but when mtgox finally tumbled and closed its doors(withdrawals), alot of people stopped sheep following mtgox as the funds could not be transfered out and so they realized it had no impact any longer on real trades.
and that is why mtgox sunk to $100 while at the time(winter time 2013-14,), the other exchanges remained at $500ish
.. and all i have to say to that is thank god there were more intelligent investors, rather than MTGOX devoted sheeple.
I was just wondering because if mtgox was responsible for making the fake increase of the price of bitcoin, then how come it remained at $200 and why it did not fell down to $10 like before?
Jump to: