Author

Topic: Would be a big explosion on Bitcoin price it in this year? (Read 1489 times)

newbie
Activity: 14
Merit: 0
The "explosion" could be either upwards or downwards, in my opinion there are more possibilities we are going up.
full member
Activity: 236
Merit: 100
No.

No explosion.

But no implosion.

We are going nowhere but to nowhere
Your words are philosophical well
full member
Activity: 219
Merit: 100
I have seen a lot of valid explanations on here actually.  I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock.  As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold.  more selling drives price down, and not enough (hardly any) new buyers/new money coming in.
But why the price falls instead?
legendary
Activity: 1120
Merit: 1000
No.

No explosion.

But no implosion.

We are going nowhere but to nowhere
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
because the system is slowly dying
wake up!
true?
that's a really good news, ah
hero member
Activity: 756
Merit: 506
I have seen a lot of valid explanations on here actually.  I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock.  As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold.  more selling drives price down, and not enough (hardly any) new buyers/new money coming in.

Yet who is going to spend BTC at Dell or Overstock if they already have $Fiat?

Seems plausible that all these sales are being driven by Bitcoin whales and professional miners who are dumping.  You  have to wait until these Bitcoin whales / miners run out of BTC so the price can recover.

It could very well take years for Bitcoin to go back to $1000 (due to all the overnight millionaires created overnight who'll need to be liquidated) but then Bitcoin isn't the only game in town, it could be replaced by an alternate in those years of recovery.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
Bitcoin price it in this year!
hero member
Activity: 784
Merit: 500

NO PAIN, NO GAIN!!!

The lower she goes, the higher she'll blow!!!!

Put on your space suit, in 2015 we will be in outer space Smiley

So true. I am waiting for blow then Smiley I think blow will be in the end of this year Smiley
hero member
Activity: 504
Merit: 500
I have seen a lot of valid explanations on here actually.  I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock.  As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold.  more selling drives price down, and not enough (hardly any) new buyers/new money coming in.
sr. member
Activity: 322
Merit: 250
because the system is slowly dying
wake up!
How much does the gov pay you to spread FUD? lol, it will be funny when you end up getting paid in BTC.
legendary
Activity: 1652
Merit: 1265
because the system is slowly dying
wake up!

NO PAIN, NO GAIN!!!

The lower she goes, the higher she'll blow!!!!

Put on your space suit, in 2015 we will be in outer space Smiley
member
Activity: 73
Merit: 10
 because the system is slowly dying
wake up!
legendary
Activity: 2772
Merit: 2846
Look around the sub forum and you won't find any valid answers. Most people here have a horrible bias. The fact is the bitcoin price is hugely volatile so an increase if at all will be highly unpredictable

True, most people here cannot accurately predict what will happen or why it will happen.
full member
Activity: 154
Merit: 100
Look around the sub forum and you won't find any valid answers. Most people here have a horrible bias. The fact is the bitcoin price is hugely volatile so an increase if at all will be highly unpredictable
full member
Activity: 152
Merit: 100
Why did we post 5 pictures of the same graph?
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
What do you want to express, can you write more words well?
full member
Activity: 236
Merit: 100
prolonged timeline a little, you can find prices are being ups and downs in turn  Wink




but not sure that wheather there a bomb in this year like last year
sr. member
Activity: 484
Merit: 250
HubrisOne
Since the last three months, Bitcoin is being dropped quietly, why?












And would it continue to be a big explosion on Bitcoin price it in this year?
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