why price so low | Bitcointalksearch.org

nefanon

member

Activity: 112

Merit: 10

Quote from: t3a on September 28, 2011, 10:56:54 PM

Do you guys think that this is a bit omenous?

All I have gotten so far is "GREAT TIME TO BUY", but as an uneducated person, I would like to see more than one opinion:

http://bitcoincharts.com/charts/chart.png?width=1016&m=mtgoxUSD&k=&r=&i=&c=0&s=&e=&Prev=&Next=&v=0&cv=0&ps=0&l=0&p=0&t=C&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw&

To be honest it looks like we're back at around the average prices before the $30 spike. But what do I know

t3a

full member

Activity: 179

Merit: 100

Do you guys think that this is a bit omenous?

All I have gotten so far is "GREAT TIME TO BUY", but as an uneducated person, I would like to see more than one opinion:

http://bitcoincharts.com/charts/chart.png?width=1016&m=mtgoxUSD&k=&r=&i=&c=0&s=&e=&Prev=&Next=&v=0&cv=0&ps=0&l=0&p=0&t=C&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw&

danman87

member

Activity: 80

Merit: 10

He's talking about Bruce. Not tough to Google.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: MollyR on August 30, 2011, 06:09:31 PM

I think it probably has something to do with our spokesman being revealed as a fraudster? Just my 2c

Can I see a link to this please? As it would be shocking if true.
Thank you

Shawshank

legendary

Activity: 1623

Merit: 1608

You have to keep in mind that every day approximately 7200 new Bitcoins are minted. This sustained supply keeps the price restraint. Eventually, in 2013 the supply will go down to 3600 Bitcoins per day, and it will halve again four years later. If the technical implementation is solid, and people trust its stability, the BTC/US$ exchange ratio may well go up.

idontknow

newbie

Activity: 28

Merit: 0

Quote from: Troll Toll on September 17, 2011, 01:12:10 PM

now that fall is coming and winter after that

Is that from the latest Rebecca Black song?

StanMarsh

newbie

Activity: 14

Merit: 0

I would'nt worry even if it went down to 1 $ or something. I'm sure it will go up like a few months ago, probably even higher!

cbryant23

newbie

Activity: 4

Merit: 0

Hopefully this is the equilibrium point for the price for bitcoin but most likely not

Mrbit

newbie

Activity: 7

Merit: 0

I still don't think we've seen a bottom, I think it will reach 2-3 dollars and then either stabilize or the bottom will fall out and we'll be talking cents.

Troll Toll

member

Activity: 116

Merit: 10

now that fall is coming and winter after that i'll just use my 4 rigs as space heaters.

if only I lived in svalbard

AssemblY

full member

Activity: 392

Merit: 100

We'll mine more and talk less.

Soon they'll have little bitcoins in the market, the cotation will up, and whoever have the most coins will cry less.

Wink

iprivately

newbie

Activity: 28

Merit: 0

Quote from: Cato on September 07, 2011, 12:31:40 AM

The price of Bitcoins will eventually stabilize, but who can say when. Aren't skilled traders benefiting from volatility anyway?

bingo! There's plenty of people making bitcoin money as we speak. don't be fooled

Gyom

donator

Activity: 83

Merit: 10

Price is still much higher than it was a year ago.

Everything depends on timing... buy when people are afraid, sell when people are greedy!

That's what they say on Wall Street Tongue

BitcoinRedLight

newbie

Activity: 38

Merit: 0

It's been a constant string of mishaps. It could readily be lower.

Cato

newbie

Activity: 13

Merit: 0

The price of Bitcoins will eventually stabilize, but who can say when. Aren't skilled traders benefiting from volatility anyway?

Gustavofring

newbie

Activity: 8

Merit: 0

I think it will take a revamp to the wallet system and transfers (alongside stabilization) before more businesses will adopt BTC and further stabilize it. It can take an hour or more before a transaction is 'confirmed' and the receiver has those BTC freed up to use.

mykroft

newbie

Activity: 6

Merit: 0

Quote from: Revalin on September 03, 2011, 06:44:56 AM

Sure, for the short-term, it's leveled off at 8.5. But I'm a long-term player, so here's how I see it:

It's leveled off, but that's a hell of a long slide for you to be saying it's stable at its "true value" now.

True, longer term it's down. I was just referring to the post-conference week after we saw that initial jump before the conference. It's anyone's guess as to what it'll do real long term.

Bitcraft

newbie

Activity: 56

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Enjoying the new difficulty though.

phantomcircuit

sr. member

Activity: 463

Merit: 252

It's been a series of calamities one after another.

Revalin

hero member

Activity: 728

Merit: 500

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Quote from: mykroft on September 02, 2011, 01:02:12 PM

I think the $8-10 range is probably the true value of bitcoin at the moment.
...
(chart)
...

Sure, for the short-term, it's leveled off at 8.5. But I'm a long-term player, so here's how I see it:

It's leveled off, but that's a hell of a long slide for you to be saying it's stable at its "true value" now.

Topic: why price so low (Read 3986 times)