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Topic: Next chapter in the life of Bitcoin? - page 2. (Read 2976 times)

hero member
Activity: 763
Merit: 500
August 10, 2011, 06:33:36 AM
#2
my interpretation is, that, if you look at the whole chart history at a logarithmic scale, this has more or less already happened. a few 10% up or down doesn't matter. the entire operation is still in its infancy and one should not think too much about the last months.
legendary
Activity: 1022
Merit: 1001
August 10, 2011, 05:48:41 AM
#1
Ok seems we're at a bit of a crossroad in history with Bitcoin right atm with a fairly recent high of $32, a recent low of $6, and a current value of $10. BTC price was in freefall only a few days ago but it seems to have had a reprieve..but where to from here?

Though I believe in the longer term Bitcoin has a positive future, the question remains as to whether it has yet reached its record low since its high of $32? Are we at a plateau before another drop down or another step up? The next chapter in the life of Bitcoin is due to open shortly, but the question on everyone's lips is : -

Whats it gonna be next for Bitcoin? Which way will the worm turn?

A Dump?

A Pump?

Or a Pump 'n Dump double whammy?

Lets have a poll and see what the general consensus is around here.

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