It started to go up again, hope it will continue rising. 
Fail...
Topic: What’s happening with the Bitcoin Price? - page 2. (Read 6556 times)
Fail...
BTC is meant to be a very volatile currency now, its still a baby currency.
It started to go up again, hope it will continue rising.
Panic selling is over, price is going back where it is suppose to be.
This is my perspective.
Like most things its not a single cause.
Like most things its not a single cause.
- Still coming down off a bubble from lots of get rich quick speculators.
- Market cap and global trade volume still small enough to be easily driven up or down at will by those with lots of capital.
- I think projects like Ethereum have people questioning the long term viability of bitcoin. That project has taken in 28,000 bitcoins (@ $475 = $13.3M) over this time period. So far they have liquidated about 3,500 bitcoins but that will create some down pressure as they cash out the rest of it.
Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
The Chinese haven't left, most people in the community know that. The 2013 mean was greater than $100, even if you have Jan-October at $5 and then Nov-Dec at $1,000, as a simplification of the charts. The mean is ~$170. Both of your points wrong; what research did you do? bitcoin game over, the final capitulation incoming!
The price dropped yesterday is due to 1 big holder selling at market price at btc-e. Bitcoin is still very fragile if one to two whales can cause the price to drop 20% in 2 weeks.
There are still whales with their finger over the buy button, waiting.
This is very alarming to those who have bought lots of BTC on a higher price.
Maybe there is still hope that it will rise again and just get even.
Maybe there is still hope that it will rise again and just get even.
Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
<100 is not the end of the world. It will only kill speculators and big mining farms.
Overall ecology might be healthier when there is less speculation.
we will be there soon!
Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
<100 is not the end of the world. It will only kill speculators and big mining farms.
Overall ecology might be healthier when there is less speculation.
bitcoin game over, the final capitulation incoming!
The price dropped yesterday is due to 1 big holder selling at market price at btc-e. Bitcoin is still very fragile if one to two whales can cause the price to drop 20% in 2 weeks.
Please, do not dismiss this message. Bitcoin price going to <$100, returning to mean from 2013 due to market inflation and china leaving the game. This is burn off phase.... cut your loose before it's too late!
bitcoin game over, the final capitulation incoming!
I hope you don't believe that. The springboard part. :|
No, not really. I'm just countering fallllings BTC failing stupidity with BTC's going to the moon stupidity. I actually felt kind of bad doing it in this thread, I usually try to limit myself to the ones he starts so that people who have him on ignore don't have to be inadvertently subjected to his idiocy.
And then in it's going to sprinboard into a new ATH!! FOUR DIGITS, YOU HEARD IT HERE FIRST! buy Buy BUY!
I hope you don't believe that. The springboard part. :| bitcoin is going to nowhere but down, the final capitulation incoming!
And then in it's going to sprinboard into a new ATH!! FOUR DIGITS, YOU HEARD IT HERE FIRST! buy Buy BUY!
bitcoin is going to nowhere but down, the final capitulation incoming!
And no good enough reason for this price drop i dont get it
We posted a video on our Blog by Crypto Market News discussing the price hysteria:
http://bitcoinbarrel.com/why-is-the-price-of-bitcoin-falling/
http://bitcoinbarrel.com/why-is-the-price-of-bitcoin-falling/
I would bet whales are pushing price down to get liquidity at low price. LArge investment firms and others similar are now interested in BTC but they find low liquidity at prices higher than 600.
Wait and see, we might get down to 450 or 350, then spike to 300 then rocket to 800.
remember, the last high price was 1200~, the LOW before that high was ~50 - so if the NEW LOW before the next high is 300~450 then the new high could be 2500 or more (assuming argentina jumps in soon too)
Wait and see, we might get down to 450 or 350, then spike to 300 then rocket to 800.
remember, the last high price was 1200~, the LOW before that high was ~50 - so if the NEW LOW before the next high is 300~450 then the new high could be 2500 or more (assuming argentina jumps in soon too)
What exactly are you basing this off? I mean, if it plummets to under a dollar...I am guessing people won't get involved with it anymore...
Even if it does go to 300-450 I am still guessing it won't go to 2500, maybe just maybe it will go to 1000 but I think that is still high hopes.
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