Bitcoin Forum

$80 wall down on Gox. How high does it go over the next week?

Hell yea bitcoin back on the rise!

I don't believe that bitcoin was ever dead. I have faith in the little cryptocurrency that could! BTC for the win!

How can you see the sell wall? ( like on btc-e?)

http://bitcoinity.org/markets

This will be very nice I see a rise incoming

These falls and rises are the reason regular people will never trust Bitcoin. Don't get me wrong I like Bitcoin, but until this volatility problem can be solved, Bitcoin isn't a currency.

The volatility is natural. Its extremely new and a very shallow market. As it matures it will stabilize, especially with a deeper market.

$87 bucks right now!

I hope > $100

I think the Coinbase news really helped it out as Gox seems to be withering now and CampBX is not the most responsive.

When it was dead?

"When it was dead?"

Exactly.

My exact thoughts. It never died. It just got really low. But it's okay because I think it's around $100/BTC now.

hopefully it will go to 150

266$ !

at least stable above 100

Ah because Bitcoin surviving or not is determined by fluctuations in BTCUSD. Yeah.

Bitcoin never died. Just price dropped.

Yes it's never dead :)

Bitcoin never died, it just lost some of it's value in the post bubble era. We are still in bitoin infancy.

BTC still has some consolidation needed, in the meantime dumps will periodically continue, have your cash ready!

Bitcoin can never die now its too powerful

I don't remember when it was dead.  ???

I will be alive forever. Don't worry.

I bought 5 BTC at $85. Waiting for $100 again.

It will hit $100 soon.

Yes, BTC is alive but your profile is dead. lol

its definitely better then 70-80 a coin ill tell you its alive again.

I always like low price of BTC. Because I want to buy some Bitcoin. It was never dead.

Dang. I'm new to bitcoin, just missed the sweet low price, oh well. BTC to the moon!

Hei, it just hit $100 again with at the time im writing last price is $104

Am I wrong thinking the miners are what cause flux. For instance, say they mine 2000 btc and cash in all at once, then 2000 new btc just hit the street and its readly available. Then it gets pitched up and price climbs again.  I think the trick is going to be holding onto enough of them in the long run.

On a side note- The travel options, like ease of currency conversion, and security is AMAZING.  Say you fly to a btc friendlt place and buy something from a btc and local currency accepting vendor, you can get change from btc to that currency just like that bingo. Also your money can be in the cloud, leaving you with no value for a normal robber. Awesome.

Is infancy compatible with post bubble era?

I only have 1.74 BTC because I use Virwox and they limit how much you can deposit. I just signed up for another service so I will test it out. In my opinion I really believe bitcoin to be a sustainable long term currency. I'm sure the value will keep going up as demand will keep going up. I am eagerly looking forward to seeing the future of bitcoin.

Don't think Bitcoin will be dead.

The internet must die for bitcoin to truely die.
In that case your bitcoins are going to be the least of your worries.

Remember that a rapidly rising price is not inherently good for bitcoin. In order for us to have a solid economy, we have to have a stable price that is attractive to buyers and sellers.

As a merchant that wishes to accept BTC for his goods, I want the price to at least be stable, and lower prices favor me. It may be good for your personal account if you have more BTC than fiat, but its not great for the economy and community at large.

Definitely agree with that.  It is risky accepting a currency that is somewhat troublesome to just convert at the drop of a dime, and also volatile, I was trying to get some coin and b4 I could line it up it fell from 111$ to 66$ lucky me. That was over maybe 2 days.  That's definitely enough to turn away sceptics or ppl in a tighter situation.

Yes, it is alive but I always wants LTC hit on gox. I have 255 LTC.

As more and more people adopt bitcoin, the currency will start attracting viable "competitors" — that's what happens in economics. Economic entities are highly unlikely to thrive on their own without viable and strong alternatives. E.g. the US dollar is widely adopted, but so are other currencies. You can find a Starbucks on every corner, but Peet's Coffee is doing pretty well too. iPhone was dominant, but then Android started eating away at its market share.

If bitcoin survives and thrives, and it's very likely to do so, other crypto-currencies will inevitably gain traction. Currently litecoin is the front-runner among alternative currencies, so it may indeed be a good investment.

Bitcoin doesn't die ;)

Yes, it is alive again. But I need the price $100+ to make profit.

Yes, it is alive but I don't think it will go up $200 again. There are many profitable mining device right now.

I think BTC will be $500 within 1 year.

Bitcoin never died. It was always alive.

Price will be up and down everytime. Don't think it will be die anytime. When price dropped some people makes money too.

Many peoples bought bitcoin @ $240+. So, it's looks dead when the price is only $90.

Last month I thought BTC will hit $20 but thanks God it is stable at $90.

That's the Spirit!! BTC Never Dies!

Since Bloomberg is listing it, it will surely be on the rise.

It's not only alive but also going to hit $200 again soon.

Current price is only 130$ and it was hit because it is not possible to withdraw USD from mt.gox.

with geopolitical factors pushing gold and oil prices, lower stock markets and the US debt limit getting close.... BTC rate should be supported beyond Mt.Gox issues. I hope...

Why it is not possible to withdraw USD from mtgox?

https://bitcointalk.org/index.php?topic=179586.0

In the current macro economic climate, Bitcoin prices are bound to increase. The more countries print money, the worst it is for their currency, the better it is for BTC. Watch out for announcements from Bernanke on QE. The longer the FED sticks to QE, the higher the price of BTC will climb relatively to the USD...

Depends for whom. If you are merchant accepting BTC in your shop then you're right.
But if you're miner or market trader then it is even good for you.

I don't understand why bitcoin rising so fast, I think it only because speculation.
It's very risky.

Actually when BTC dropped at $60 I was upset and thought it will hit below $20 but right now I have confident that it will hit $200 again.

You should not trade with emotions and feelings, or you will lose money.

I bought at $145. So, I have to wait few days to get profit.

It is not only alive it is on the way to hit $200 again. I'm keeping all my coins for next 1 month.

It is stable at $130 to $150 for 2 days. I don't think it will go up this week.

Buy wall and Sell wall is balanced right now. The price also stable at this point.

Why should you be upset when a chance to buy CHEAP bitcoins arrive????? Imagine buying at 20 and selling now, so much profit

I'm new in this community. Too much interested on bitcoin. I will invest $500 on bitcoin this week.

It is new for me. I don't know when it was dead. Just started using my forum accounts. I have to watch the price of bitcoin to buy few.

You can't see the sell wall on mtgox. They don't display the buy or sell wall.

Yes, rise was active for 7 days. But it's now stable. We have to wait for another week to go up.

I missed the price below $100. But I think it will never go down again so, buying now.

It was never dead but price goes down at $60. So, $60 bitcoin price is look like dead.

Do you know why it is stable at this price. I want the price minimum $200 to make profit.

After 2 months it reached $150 from $80. That's mean it will hit $220 within 60 days.

It did not reach 150 actually :)

I guess you need bit more patience then

BTC is dead it's not viable for anyone to just jump into without investing and if you don't have the investment there's no point.

it was always alive

Yes, it is back again on rise. We hope this time it will hit $500.

500 seems like overly wishful thinking. It'll probably peak around 200 and then fluctuate again like it always does. It's not at all a stable currency, is it? ;)

It was going to dead man.

When it was at below $60 I thought it will be dead. It's alive again.

I don't think Bitcoin will be dead anytime. Just started it journey on the currency world.

You are wrong. Bitcoin will hit $500 within few years. Just watch it.

Nobody knows when bitcoin price will be $500. The price of bitcoin may be $50 within few months.

$500 is tomorrow

Yes, When I was started this account price was $10. I thought 1 BTC = $10 is too high price. I didn't bought that time. Now I realized that, I missed a great opportunity.

Anyway, It's alive again.

Alive again? Did Bitcoin ever die?

Haha, no it didn't. When it drops people think it's the end of the world.

Mined my first BTC a few years ago when they were worth a buck or two.  Deleted my wallet when I got done playing with it, didn't really care since it was only 1-2BTC (five bucks or so).  Now I feel a bit sad about that  :'(

That is gutting. Not very nice to see that. That also means there's less bitcoin in circulation.

140$ now... :D

$388 I think we can put the coffin away for a while