Its dropping again! - page 2. | Bitcointalksearch.org

JimboToronto

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Activity: 4186

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You're never too old to think young.

Quote from: jennifer21 on September 15, 2014, 08:05:38 PM

Bitcoin is dropping again! What is happening? Huh

Don't worry Jenny. The price will rise again as it always does.

Unless you're acquiring coins to purchase something, it's wise not to buy any unless you plan to hold them for an absolute minimum of 2 years. Otherwise you risk losing money.

jofus87

member

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A good part of me hopes it goes down more so I can rebuy the BTC I spent on gold the other day. It'd be like getting gold at an even further discounted price than it is already Grin

EsaEzekiel

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Is the action I have done it? Impossible!

GreekBitcoin

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getmonero.org

Quote from: antibitcoinconsortium on September 15, 2014, 09:55:47 PM

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.

our associates are converting fiat to 40k btc the coming days, so its to be expected to not drop a lot more before it recovers much.

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: antibitcoinconsortium on September 15, 2014, 09:55:47 PM

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.

BTCfan1

full member

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Quote from: antibitcoinconsortium on September 15, 2014, 09:55:47 PM

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.

what information are you/they basing this on?

antibitcoinconsortium

member

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Merit: 10

our associates are converting 40k btc to fiat the coming days, so its to be expected to drop a lot more before it recovers a little.

Melbustus

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Quote from: jennifer21 on September 15, 2014, 08:42:21 PM

Quote from: joshv06 on September 15, 2014, 08:07:30 PM

How much do you have invested? And at what price?

Not invested. I am holding it until maybe dec or early 2015 I think. I just want it to reach $600 so that I could sell.

Why $600? Do you think that the fair market-cap of bitcoin is ~$7.8B? Why?

Seems to me the market-cap will converge toward $0 or >$100B.

Beliathon

hero member

Activity: 784

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https://youtu.be/PZm8TTLR2NU

Quote from: franky1 on September 15, 2014, 09:08:52 PM

i read threads like this and immediately think the price must have dropped 10-90%...

.. i then find out it has only dropped 2%

will you bunch of panicking noobs please stop shouting about price drops every time it moves a fraction.

When you see a thread like this, flag as speculation and move on. Fastest way to get rid of it.

franky1

legendary

Activity: 4396

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i read threads like this and immediately think the price must have dropped 10-90%...

.. i then find out it has only dropped 2%

will you bunch of panicking noobs please stop shouting about price drops every time it moves a fraction.

Waramp22

sr. member

Activity: 321

Merit: 250

Quote from: jennifer21 on September 15, 2014, 08:05:38 PM

Bitcoin is dropping again! What is happening? Huh

Since i discovered bitcoin, it went from $230, to $1200, and back to $460. Bitcoin is being used all over the world, and it is impossible to get a grasp as to why it is rising or dropping on any given day. All you can do is buy some with money that you can afford to lose, stick the paper wallet in your "safe place" and forget about it.

If you tend to use it for buying and selling things well then just buy the bitcoin right before you make your purchase. This will eliminate the risk you take by holding...

DannyHamilton

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