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Title: What event or events could cause the bitcoin price to drop drastically? Post by: btcprice on November 16, 2013, 09:41:36 PM I bought in to the bitcoin hype back in the summer of 2011 and also rode the rollercoaster down with the crash. We have also seen other bitcoin price crashes: the April 2013 run-up and crash, the Silk Road seizure in October of 2013.
Yet we again find the price of bitcoin running up. What event or events could cause this bubble to burst? How far down could it go? Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: Guido on November 17, 2013, 12:22:41 AM Monday 18th november imo
check out the multiple threads on the subject in this section ie; beyond silkroad, bitcoin foundation, coin validation etc. Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: Phinnaeus Gage on November 17, 2013, 12:32:40 AM Pick one: http://www.youtube.com/watch?v=PuwstnAvLIY
Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: djalexr on November 17, 2013, 12:39:41 AM Quote Monday 18th november imo check out the multiple threads on the subject in this section ie; beyond silkroad, bitcoin foundation, coin validation etc. Historically, attempts at regulating bitcoin (and indeed other commodities, etc) in the past have actually led to significant price increases, not the other way round. The more the US gov acknowledges that is actually a real thing, actually worthy of regulation, the more attractive it becomes to less technical minded, conservative investors. Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: Spekulatius on November 17, 2013, 12:59:38 AM Quote Monday 18th november imo check out the multiple threads on the subject in this section ie; beyond silkroad, bitcoin foundation, coin validation etc. Historically, attempts at regulating bitcoin (and indeed other commodities, etc) in the past have actually led to significant price increases, not the other way round. The more the US gov acknowledges that is actually a real thing, actually worthy of regulation, the more attractive it becomes to less technical minded, conservative investors. Can you provide examples? Any past attention from regulating bodies towards Bitcoin has with great majority resulted into expression of interest in the technology by regulators and intermittant let go and watch until further investigations would be conducted in other instances Bitcoin has actually been given official recognition by being regarded as money, currency or a taxable good. Thus, there was no real regulation so far only legitimacy boosts and public attention to the topic. This is positive for price. If there were to be concrete regulations to be layed upon Bitcoin it might hamper price appreciation because it would add some dose of reality to the best possible outlook for the currency users were allowed to hope for and assume so far. Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: Rupture on November 17, 2013, 01:11:50 AM Satoshi decides to dump his stash?
Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: bythesea on November 17, 2013, 01:21:47 AM On Monday price will either drop or be 550$+ or much more.
Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: LiteCoinGuy on November 17, 2013, 01:27:07 AM I guess on monday its just Q and A.
Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: MicroGuy on November 17, 2013, 01:28:23 AM https://www.gldtalk.org/devteam/bubble.png
What event or events could cause this bubble to burst? I think if it lands on this kid's head we could have problems. :D Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: BittBurger on November 17, 2013, 01:34:26 AM Any past attention from regulating bodies towards Bitcoin has with great majority resulted into expression of interest in the technology by regulators and intermittant let go and watch until further investigations would be conducted in other instances Bitcoin has actually been given official recognition by being regarded as money, currency or a taxable good. What?Runon sentence much? The guy said attempts at regulation resulted in higher prices. He didnt say any accomplished regulation. Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: BitcoinAddicts on November 17, 2013, 01:51:42 AM All Bitcoin exchange closed down...
Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: dominicwin on November 17, 2013, 02:36:14 AM There's been plenty of ups and downs, and there probably will be more ups and downs. But its up to you of course to decide if you want to keep buying bitcoin at its current price or not. I for one am not selling anymore BTC at this moment.
Title: Re: What event or events could cause the bitcoin price to drop drastically? Post by: p2pbucks on November 17, 2013, 02:37:37 AM hard fork
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