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Topic: Is this price scaring anyone ? - page 4. (Read 4109 times)

member
Activity: 109
Merit: 10
August 19, 2015, 11:54:42 AM
#14
not the price, it is the events surrounding the price that are scary.  Some will say manipulation....no shit, but its seems rather convenient timing considering the xt garbage.

Plus the fed rate stuff today, not sure how relevant but i'm willing to bet a hike will cause a further drop, and that the xt drop isn't over yet on top of it.

legendary
Activity: 910
Merit: 1000
August 19, 2015, 11:46:55 AM
#13
Bitcoin is really 5-10 years away from being mainstream imo.  Buy coins now and put them in cold storage and forget about day to day price swings or you will go gray.  Now if price doesn't get a bump around the halving I will be a little concerned.
hero member
Activity: 854
Merit: 1000
August 19, 2015, 11:32:34 AM
#12
Why scare?

We have been in 2XX the whole year,and even 1XX, that was just a flash dump and produced that price,it will go up again
legendary
Activity: 2632
Merit: 1094
August 19, 2015, 11:30:50 AM
#11
I'm not scared as I just sold my bitcoins yesterday when the price was $250-$260. The price has reached $220 almost and it has come back to the amount it was at 2 months back and it will again increase. I wonder when it will get above $300 now as since months it's stuck on $200-$300.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
August 19, 2015, 11:26:43 AM
#10
I don't care at all about the price. That doesn't matter. The real issue is with the future of BTC, and its scalability. What is going to happen is the number of transactions grow ten-fold? This is the real problem.

And that, I think, is what many have perceived, have sold, and have brought the price down.

The blocksize and XT debate is huge, and that has to be reflected in price.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
August 19, 2015, 11:23:23 AM
#9
I don't care at all about the price. That doesn't matter. The real issue is with the future of BTC, and its scalability. What is going to happen is the number of transactions grow ten-fold? This is the real problem.
sr. member
Activity: 462
Merit: 250
www.AntiBitcoinTalk.com
August 19, 2015, 11:18:19 AM
#8
price drop when there lot who sell bitcoin..
but if you have some faith in bitcoin
the more important right now is how many can you get until the price get higher
legendary
Activity: 963
Merit: 1002
August 19, 2015, 11:08:08 AM
#7



It used to be that way, thanks in part to Mark and his shenanigans on MtGox. Now it has been more of a relaxing steady decline with a few little small climbs.

I am not losing faith in bitcoin, but it is hard to keep getting beat down for so long.
member
Activity: 70
Merit: 10
★777Coin.com★ Fun BTC Casino!
August 19, 2015, 10:59:31 AM
#6
okey... as we know if the price is not stability..
this is risks with BTC, we daring to join here, we should during to encounter with anything risks will be happen..
but, never give up, and stay trying if want to succes. just enjoyed, high or down the price, its okey.
cause this is real fact we should to face.
sr. member
Activity: 336
Merit: 251
August 19, 2015, 10:53:37 AM
#5
I think we might see a dip below $200 before heading up again.

Placed some buy orders on $196, $185 and $170.

Not sure what has the market spooked like this but I'm sure the price will recover again, if not this week maybe the next or even a couple after that. I'm in it for the long run so will buy a bit on the dips and see where this goes.  
legendary
Activity: 1204
Merit: 1028
August 19, 2015, 10:46:02 AM
#4
It was margin call on bitfinex.
Boys and girls who played with leverage just got busted and lost their money.

On Bitstamp, where leverage is not allowed, price dropped just to $221 and then went up to $230+ shortly. It's only 13% move.


The whole fork thing must be having an impact for sure too. Lots of people that don't know whats going on (which is in fact the majority of people out there) instantly think of a doomsday scenario whenever something happens within the Bitcoin world.
donator
Activity: 784
Merit: 1000
August 19, 2015, 10:37:33 AM
#3
It was margin call on bitfinex.
Boys and girls who played with leverage just got busted and lost their money.

On Bitstamp, where leverage is not allowed, price dropped just to $221 and then went up to $230+ shortly. It's only 13% move.

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
August 19, 2015, 10:32:01 AM
#2
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
August 19, 2015, 10:30:31 AM
#1
i am slightly shaken, what exactly is causing this price drop? is it normal?
i wont be dumping but i am still interested as to why we are experiencing a drop
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