what happend with bitcoin price?! - page 2.

uvdmnte

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Quote from: bitsmichel on August 16, 2014, 06:41:24 AM

Quote from: Zebra on August 16, 2014, 06:35:56 AM

Quote from: uvdmnte on August 15, 2014, 12:22:13 AM

Quote from: btckold24 on August 14, 2014, 10:58:51 PM

Just like with any stock or market. Some big selling and people have mini panics and sell then more get worried and sell and the next thing you know its $510 people will start buying back in. I am making sure the prices stay stable before buying more just in case it drops into the $400's

hi there..jus wondering..do u think it'll drop to the $400's? i'm new to btc and am trying to work out when is best time to buy..thanks

I don't.
But if you have some USD on an exchange, it is not a bad idea to make some a buy order at $400.
You may be able to get yourself some cheap coins while sleeping.

499$ now, if it goes to $400. You could make 0.2 BTC that way, but it's still gambling.. you may also lose 0.2

Thanks for the advice guys!:)

bitsmichel

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Activity: 518

Merit: 250

Quote from: Zebra on August 16, 2014, 06:35:56 AM

Quote from: uvdmnte on August 15, 2014, 12:22:13 AM

Quote from: btckold24 on August 14, 2014, 10:58:51 PM

Just like with any stock or market. Some big selling and people have mini panics and sell then more get worried and sell and the next thing you know its $510 people will start buying back in. I am making sure the prices stay stable before buying more just in case it drops into the $400's

hi there..jus wondering..do u think it'll drop to the $400's? i'm new to btc and am trying to work out when is best time to buy..thanks

I don't.
But if you have some USD on an exchange, it is not a bad idea to make some a buy order at $400.
You may be able to get yourself some cheap coins while sleeping.

499$ now, if it goes to $400. You could make 0.2 BTC that way, but it's still gambling.. you may also lose 0.2

Zebra

hero member

Activity: 612

Merit: 500

Quote from: uvdmnte on August 15, 2014, 12:22:13 AM

Quote from: btckold24 on August 14, 2014, 10:58:51 PM

Just like with any stock or market. Some big selling and people have mini panics and sell then more get worried and sell and the next thing you know its $510 people will start buying back in. I am making sure the prices stay stable before buying more just in case it drops into the $400's

hi there..jus wondering..do u think it'll drop to the $400's? i'm new to btc and am trying to work out when is best time to buy..thanks

I don't.
But if you have some USD on an exchange, it is not a bad idea to make some a buy order at $400.
You may be able to get yourself some cheap coins while sleeping.

uvdmnte

full member

Activity: 197

Merit: 100

Quote from: patrike on August 16, 2014, 03:55:57 AM

Maybe it's the fact that you can actually use your Bitcoins at more places (Dell, ...) that pushes the price down. People that used to just sit on many coin are now using them, making them available on the market.

Makes perfect sense:)

jaberwock

legendary

Activity: 2772

Merit: 1127

Quote from: Keyara on August 15, 2014, 11:26:39 PM

Read the speculation forum to know what's going on.

He knows that because he did two topics with the same OP in the Speculation forum.

@topic: some say market manipulation, others say that it is coming from China, others it is just a panic sell that triggered the market, while some says bitcoin was a bubble since its inception.

Only thing sure we doing down and with no signs of reversal

wenben

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Activity: 164

Merit: 100

Quote from: maximus1984 on August 14, 2014, 08:32:23 PM

http://blockchain.info

510$$$?!?!?
What happend?

Don't buy bitcoin if you do not have a stomach for it.

patrike

legendary

Activity: 3346

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Maybe it's the fact that you can actually use your Bitcoins at more places (Dell, ...) that pushes the price down. People that used to just sit on many coin are now using them, making them available on the market.

zolace

sr. member

Activity: 364

Merit: 250

Quote from: TeraBox on August 15, 2014, 07:19:55 AM

Big players sell some, small fish panics and sells out all...price drops and smart people buy low again...every time same thing happens

Now watch the price go back to $650 in 7-10 days time

yeah I been hearing this for weeks already even from the speculators say this is healthy for drop like this, then soon we will see 5 times the increase again. Its just matter of time, not when.

Keyara

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Read the speculation forum to know what's going on.

btcguys

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what would be fastest way to move USD fiat to buy bitcoins from an exchange?
Is HSBC good bank to send wires from personal checking accounts to Bitstamp, BTC-e, HitBit and Coinsetter?

techgeek

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It rises and falls everyday lol.

But overall longer term its rising obviously.

karlb187

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Need To Contact Me? Go To My Site!

Quote from: uvdmnte on August 15, 2014, 12:22:13 AM

Quote from: btckold24 on August 14, 2014, 10:58:51 PM

Just like with any stock or market. Some big selling and people have mini panics and sell then more get worried and sell and the next thing you know its $510 people will start buying back in. I am making sure the prices stay stable before buying more just in case it drops into the $400's

hi there..jus wondering..do u think it'll drop to the $400's? i'm new to btc and am trying to work out when is best time to buy..thanks

The present is always the best time to buy bitcoins because in the big picture, bitcoin's value will raise over time because the reward is cut in half every 4 years so it will more rare and the demand will still raise. I think it is wise to get a few bitcoins and hold them to pass on to your kids (like a coin collection) and they will benefit from them when they are worth $5,000 each. Grin

MichaelBliss

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Activity: 526

Merit: 500

There don't appear to be any fundamental reasons for the price drop, in terms of adoption or threats to the network etc. The hashrate just keeps going up exponentially, more and more business are accepting it. So panic selling, and more weak hands giving up seems to be the explanation. It's the perfect time to buy for all those reasons!

lynn_402

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Activity: 462

Merit: 253

Quote from: Coef on August 15, 2014, 07:46:14 AM

Quote from: maximus1984 on August 14, 2014, 08:32:23 PM

http://blockchain.info

510$$$?!?!?
What happend?

I wouldn't worry about this kind of short term up and down. We have seen bitcoin crashing down significantly from time and time.

I still remember and cringe about when it fell from 1000$ to about 500$ in two days. Bad times Cheesy

Coef

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Activity: 882

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Exhausted

Quote from: maximus1984 on August 14, 2014, 08:32:23 PM

http://blockchain.info

510$$$?!?!?
What happend?

I wouldn't worry about this kind of short term up and down. We have seen bitcoin crashing down significantly from time and time.

lynn_402

sr. member

Activity: 462

Merit: 253

The volatility is still considerably better than a few months ago, where it dropped a few hundreds of dollars in a few days, in this happened more than once after December.

TeraBox

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Big players sell some, small fish panics and sells out all...price drops and smart people buy low again...every time same thing happens

Now watch the price go back to $650 in 7-10 days time

visualelite

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★☆★777Coin.com★☆a

Yesterday it was sometime at 585.

johncarpe64

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Quote from: maximus1984 on August 14, 2014, 08:32:23 PM

http://blockchain.info

510$$$?!?!?
What happend?

Everyone is panic selling.... thats why the price drop so much....

valvalis

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Activity: 784

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DeFixy.com - The future of Decentralization

This time too buy more bitcoin
Soon bitcoin will rise to the moon LOL Grin

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