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Topic: What will bring BTC price back up? - page 2. (Read 2365 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
October 06, 2014, 03:03:32 AM
#8
People getting paid in Bitcoin would counter the companies converting bitcoins to fiat.
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
October 06, 2014, 03:03:16 AM
#7
In stead of companies accepting Bitcoin, companies who NEED bitcoin....
sr. member
Activity: 252
Merit: 250
October 06, 2014, 02:49:32 AM
#6
Have no much more money get into the related industries about BTC!
full member
Activity: 154
Merit: 100
Calling out scams, one HYIP at a time...
October 06, 2014, 02:26:41 AM
#5
Hopes, dreams and speculation without solid reasoning, just like nearly every other major price move on a crypto.
full member
Activity: 154
Merit: 100
October 06, 2014, 02:10:36 AM
#4
It's always amazing to see how people so easily become afraid and loose confidence so quickly.
In the market is normal that price sometimes go up, and sometimes down.
but, average people, when they see that price went down for 10, 20 or 30 %, become scared and in panic trying to sell everything, loosing even more money in this way.
In my opinion, now is the best time to buy bitcoin, not sell, because price is already very low.
In fact, this is great opportunity to collect more bitcoin for very cheap price Smiley


I agree,

This might not be exactly the bottom as no one can predict bottoms and tops but nothing significantly bad has happened to Bitcoin to justify the price fall. I expect a rise again (at some stage) and buying now takes your average bitcoin price down if you bought high.
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
October 06, 2014, 02:08:39 AM
#3
Well, I think the bitcoin community will bring the Bitcoin price back very soon. I still trust Bitcoin and I will support the growth of Bitcoin.
legendary
Activity: 3374
Merit: 1824
October 06, 2014, 02:04:29 AM
#2
It's always amazing to see how people so easily become afraid and loose confidence so quickly.
In the market is normal that price sometimes go up, and sometimes down.
but, average people, when they see that price went down for 10, 20 or 30 %, become scared and in panic trying to sell everything, loosing even more money in this way.
In my opinion, now is the best time to buy bitcoin, not sell, because price is already very low.
In fact, this is great opportunity to collect more bitcoin for very cheap price Smiley

newbie
Activity: 28
Merit: 0
October 06, 2014, 01:46:29 AM
#1
This raises a good question:
http://www.finance-guy.net/finblog/bitcoin-price-extends-losses/6/10/2014

If selling continues, then how can the price bounce back?

What do you think?  is this a time to buy in or is the bottom still ahead?
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