Bitcoin Forum

Economy => Speculation => Topic started by: Catchmeifyoucan on February 25, 2014, 04:45:51 PM



Title: Bitcoin is down by half its value... Strange things are going on.
Post by: Catchmeifyoucan on February 25, 2014, 04:45:51 PM
There are several rumors going on as to MtGox, spreading word that they are getting away with some bitcoins... im sure they wont be able to do so without leaving some trace, but it seems that bitcoin has dropped by half of its value last months. It seems there might be an opportunity to rebound by acquiring some bitcoins.

I fear that most of these rumors are being dispersed with the idea of dropping the market price with the intention of gaining profit out of it. I just don´t seem to know who exactly might be doing this and with what intention. I certainly am keeping an eye on the news and other details to make sure i make my move when its best.

żAny one else have the same feeling?

http://www.theguardian.com/technology/2014/feb/25/bitcoin-exchange-mtgox-offline-amid-rumours-of-theft

http://www.voanews.com/content/value-of-bitcoin-drops-sharply/1858734.html

http://www.bbc.co.uk/news/technology-26118002



Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: Musent on February 25, 2014, 04:54:00 PM
There are several rumors going on as to MtGox, spreading word that they are getting away with some bitcoins... im sure they wont be able to do so without leaving some trace, but it seems that bitcoin has dropped by half of its value last months. It seems there might be an opportunity to rebound by acquiring some bitcoins.

I fear that most of these rumors are being dispersed with the idea of dropping the market price with the intention of gaining profit out of it. I just don´t seem to know who exactly might be doing this and with what intention. I certainly am keeping an eye on the news and other details to make sure i make my move when its best.

żAny one else have the same feeling?

http://www.theguardian.com/technology/2014/feb/25/bitcoin-exchange-mtgox-offline-amid-rumours-of-theft

http://www.voanews.com/content/value-of-bitcoin-drops-sharply/1858734.html

http://www.bbc.co.uk/news/technology-26118002


There is always a big chance on value dropping to buy more coins. If you want more coins, now is the time to buy.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: whtchocla7e on February 25, 2014, 04:56:05 PM
Quote
Bitcoin is down by half its value

That's a false statement. You could just as easily say that Bitcoin was up by 2x its value during the peak.

The only value that matters is what's here now.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: Catchmeifyoucan on February 25, 2014, 05:05:43 PM
We went from $140 to $1163 in a two month period late in 2013.

It's only early 2014 and we are retesting some of these numbers.

Strange things are always going on with Bitcoin. It's a disruptive technology.

People are trying to put a square peg (bitcoin) into a round hole (traditional methods for handling money), and they are getting burned in the process.



I see what you mean, i just dont know if the rumors are being spread on purpose or actually happening. Most of the market is controlled on speculation, besides the hash power and well, false rumors have always had a way of driving the market. I just dont seem to figure out when they expect the bitcion to shoot up again.

But i will be ready.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: E.exchanger on February 25, 2014, 05:16:43 PM
i think its the best time to buy bitcoins if you really want to invest.Its 528$ right now and i think it will go down to somewhere between 400-450$.
Hopefully in end of April we can except a rise in bitcoins upto 900$.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: chesthing on February 25, 2014, 05:50:42 PM
We went from $140 to $1163 in a two month period late in 2013.

It's only early 2014 and we are retesting some of these numbers.

Strange things are always going on with Bitcoin. It's a disruptive technology.

People are trying to put a square peg (bitcoin) into a round hole (traditional methods for handling money), and they are getting burned in the process.


That's what makes it interesting. Traditional investments and bets bore the shit out of me.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: Oldminer on February 25, 2014, 08:48:59 PM
Dont catch a falling knife.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: FierceRadish on February 25, 2014, 08:52:06 PM
Dont catch a falling knife.

Unless you grab the handle.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: akujin on February 25, 2014, 09:06:15 PM
Dont catch a falling knife.

Unless you grab the handle.

grab this!  ;D ;D ;D
http://www.jadknives.com/images/Double%20Blade%202%20Right%20Side.JPG


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: RodeoX on February 25, 2014, 09:08:39 PM
Nothing really that strange about bitcoin being down 50%.


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: kireinaha on February 25, 2014, 10:58:08 PM
bitcoin up 50x compared to one year ago. i dare not even dream where it will be in one more year...  :o


Title: Re: Bitcoin is down by half its value... Strange things are going on.
Post by: hungpham on February 26, 2014, 01:27:50 AM
the next week the price will going up. it's time to buy more bitcoins now