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Topic: What happened ? - page 2. (Read 1915 times)

legendary
Activity: 1456
Merit: 1002
May 25, 2015, 12:54:28 PM
#12
I think people are just fed up with the prices, and they feel its not worth it?

I dont know, but obviously the demand isnt there on what people think so far right now.
hero member
Activity: 756
Merit: 500
May 25, 2015, 11:05:08 AM
#11
I think its ridiculous to explain the move from 600s to our levels because of bots manipulating the price.
hero member
Activity: 686
Merit: 500
May 25, 2015, 10:31:06 AM
#10
Alright , thanks for all your answers guys .
I'am back now and hopefully the forums will be stable and the price of Bitcoin goes up this summer so I can have some fun Grin
legendary
Activity: 3248
Merit: 1070
May 25, 2015, 09:48:45 AM
#9
There is possible to say bitcoin achieve price stability,or USA economy and EU economy is in stagnation and bitcoin follow

Or be optimistic it is silence before storm

I agrre chinise bots make money from daily trading,but there is also silence before storm

if they are indeed making money everyday with trading, it could explain why the swing are becoming more slim each day that pass and why bitcoin is in the current stagnation
legendary
Activity: 2674
Merit: 2965
Terminated.
May 21, 2015, 05:19:09 PM
#8
There is possible to say bitcoin achieve price stability,or USA economy and EU economy is in stagnation and bitcoin follow

Or be optimistic it is silence before storm

I agrre chinise bots make money from daily trading,but there is also silence before storm
Well if you look at the monthly chart, the lowest closing was $219 and highest $243 which seems pretty stable considering what we've had. If you look at the 6m chart the lowest was $171 and highest $379. That tells us that we don't have stability yet.
However I do not believe that this trend can persist. We know that the price tends to depend on the news/major events. It is always calm before a storm.
Pab
legendary
Activity: 1862
Merit: 1012
May 21, 2015, 04:37:52 PM
#7
There is possible to say bitcoin achieve price stability,or USA economy and EU economy is in stagnation and bitcoin follow

Or be optimistic it is silence before storm

I agrre chinise bots make money from daily trading,but there is also silence before storm
sr. member
Activity: 462
Merit: 250
May 21, 2015, 04:11:54 PM
#6
Well there are god and bad news but maybe it just needs time. Right now there is more supply than demand I guess that happened..
Anyways, do not lose your faith and have a part of your money, even a small one, with Bitcoin. Maybe it will be helpful in the future.
legendary
Activity: 2562
Merit: 1414
May 21, 2015, 04:10:06 PM
#5

I don't think I remember that good the price before I went off the forums but I'am pretty sure it wasen't that low .
So what exactly happened ? what did I missed and what caused the drop on the price ? I was absent for the last couple of months by the way. I don't have that much of bitcoin to be honest with you but ... well it's just curiousity i guess

There is a huge gap of posting time for your account there but actually none happening between the time you left the forum and come back. Basically it is being manipulated now , price isnt changing much actually since you left forum.

If you check on bitcoin discussion and economics section you can see that there are alot positive news about BTC but there isnt enough force to move the price up since trader are manipulating it right now

Because the days before I leave there was a lot of hacking and exchanges going down , most of them was chinese Shocked wondering if that continued too

Hacking seems could be the reason but it was only a small amount, basically the large amount of hacked BTC from stamp hasnt move yet
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 21, 2015, 03:04:28 PM
#4
I guess hacks happen all the time, but there hasn't been a Gox or a China ban or anything of similar magnitude. Overall the news has been borderline miraculous.

It's a fine demonstration of who's really in control of this market and how much of a hold speculation has over it. Regular folks are few and far between anywhere near an exchange.
hero member
Activity: 686
Merit: 500
May 21, 2015, 02:09:24 PM
#3
Chinese bots decided they could make more money by pushing prices low?

There hasn't been any radical bad news. There aren't enough people who want to buy it.

So nothing else but bots ?
Because the days before I leave there was a lot of hacking and exchanges going down , most of them was chinese Shocked wondering if that continued too
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 21, 2015, 02:05:45 PM
#2
Chinese bots decided they could make more money by pushing prices low?

There hasn't been any radical bad news. There aren't enough people who want to buy it.
hero member
Activity: 686
Merit: 500
May 21, 2015, 01:54:32 PM
#1

I don't think I remember that good the price before I went off the forums but I'am pretty sure it wasen't that low .
So what exactly happened ? what did I missed and what caused the drop on the price ? I was absent for the last couple of months by the way. I don't have that much of bitcoin to be honest with you but ... well it's just curiousity i guess
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