Author

Topic: Will it go up again? (Read 998 times)

legendary
Activity: 1904
Merit: 1002
January 25, 2014, 11:25:42 PM
#11
The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Miners are mostly hodlers.. even worse than the bubble noobs. If things keep up like this the market might get a major miner hoarding crash like in 2011.

2011 happened so fast that nobody had time to sell on the way up.  Look at a log chart, the percent growth per day was insane and makes recent growth look mild.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
January 25, 2014, 11:18:09 PM
#10
So we are stuck at 600€ for weeks now. Will it rise again?
I really wanna see some further increase.

I would expect that it will go up, but not before it dips as the Chinese New Year news continues to cause uncertainty. There has been a load of positive media for Bitcoin recently, but the Chinese news had kind of suppressed it.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
January 25, 2014, 11:15:57 PM
#9
The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Miners are mostly hodlers.. even worse than the bubble noobs. If things keep up like this the market might get a major miner hoarding crash like in 2011.
legendary
Activity: 1904
Merit: 1002
January 25, 2014, 10:01:03 PM
#8
Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.

The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Yep, 3600+ BTC/day are being brought into existence at the moment.  Stable price is a rallying market cap.  Currently, the bitcoin supply is inflating over 10% on an annual basis.
newbie
Activity: 23
Merit: 0
January 25, 2014, 09:56:06 PM
#7
Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.

The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.
legendary
Activity: 1330
Merit: 1000
dafar consulting
January 25, 2014, 08:55:45 PM
#6
It will only increase in USD, not Euro, sorry
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
January 25, 2014, 07:52:41 PM
#5
Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
January 25, 2014, 06:09:58 PM
#4
There've been periods of months where it floated around the same value. That may well happen again. Any eventual rise will most definitely be worth the wait.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
January 25, 2014, 06:08:27 PM
#3
yeah, but what's the hurry. Smiley
sr. member
Activity: 336
Merit: 250
January 25, 2014, 06:03:28 PM
#2
So we are stuck at 600€ for weeks now. Will it rise again?
I really wanna see some further increase.

increase in EUR/BTC or increase in BTC/EUR?

pretty sure, we will see one of them increasing, at least for a short time.
member
Activity: 125
Merit: 10
January 25, 2014, 05:51:49 PM
#1
So we are stuck at 600€ for weeks now. Will it rise again?
I really wanna see some further increase.
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