Bitcoin Forum

Economy => Economics => Topic started by: detodo on March 30, 2014, 07:14:09 PM



Title: Bitcoin going down forever?
Post by: detodo on March 30, 2014, 07:14:09 PM
What exactly is going on?
Will bitcoin raise up again?
Are we all going to let it die?
We need btc in the world...


Title: Re: Bitcoin going down forever?
Post by: Arghhh on March 30, 2014, 07:19:58 PM
W-E-A-K H-A-N-D-S


Title: Re: Bitcoin going down forever?
Post by: roslinpl on March 30, 2014, 07:55:15 PM
Come on man :) do not panic.

https://bitcointalk.org/index.php?topic=550197.0;topicseen
https://bitcointalk.org/index.php?topic=548544.0

just relax . :)

This is Bitcoin - price now is very good even if it drops a bit.

Do you know what was a price 1 year ago? :)

So just relax.


Title: Re: Bitcoin going down forever?
Post by: BiteMyShinyMetalAss on March 30, 2014, 09:03:48 PM
If you dont know whats happening, just keep calm and HODL!


Title: Re: Bitcoin going down forever?
Post by: roslinpl on March 30, 2014, 09:32:03 PM
If you dont know whats happening, just keep calm and HODL!

Hodl hodl my friend :)
This is no time to sell! :) IMO - must add .

Everyone should make their own choices :)


Title: Re: Bitcoin going down forever?
Post by: Bit_Happy on March 31, 2014, 12:37:08 AM
Bitcoin going down forever?
Your post is a clear sign we are near the bottom.
Keep it coming.  :D


Title: Re: Bitcoin going down forever?
Post by: kireinaha on March 31, 2014, 12:46:39 AM
Bitcoin going down forever?
Your post is a clear sign we are near the bottom.
Keep it coming.  :D

Like the posts late in Novemeber, "Bitcoin, the new paradigm: The bubble that never pops!"

Yes, it's a similar sentiment but in reverse. We'll probably see a reversal later next month.


Title: Re: Bitcoin going down forever?
Post by: BitChick on March 31, 2014, 01:02:55 AM
Most of us have learned that when Bitcoin is the most depressing it is just the time to pick up more Bitcoins.   ;D

It does not take very long for this to reverse, and when it does it can happen super fast. 


Title: Re: Bitcoin going down forever?
Post by: Bit_Happy on March 31, 2014, 03:01:20 AM
Bitcoin going down forever?
Your post is a clear sign we are near the bottom.
Keep it coming.  :D

Like the posts late in Novemeber, "Bitcoin, the new paradigm: The bubble that never pops!"

Yes, it's a similar sentiment but in reverse. We'll probably see a reversal later next month.

Yes, it just takes time.


Most of us have learned that when Bitcoin is the most depressing it is just the time to pick up more Bitcoins.   ;D

It does not take very long for this to reverse, and when it does it can happen super fast. 

...and when the time is almost up, you need to be ready.


Title: Re: Bitcoin going down forever?
Post by: waldox on March 31, 2014, 03:46:38 AM
bitcoin adoption is still low, there is going to be a crash in the price but slowly over time the price will rise as more and more people get on the bitcoin badger train


Title: Re: Bitcoin going down forever?
Post by: azguard on March 31, 2014, 05:31:18 AM
Same happen last year BTC goes down to ~200$ n then jump 5 times to ~1000$, this is good time to invest in BTC with cash in long terms or change BTC to some alt coin.


Title: Re: Bitcoin going down forever?
Post by: E.exchanger on March 31, 2014, 07:32:34 AM
What exactly is going on?
Will bitcoin raise up again?
Are we all going to let it die?
We need btc in the world...
well answering your first question, the first huge hit in rates was due to gox mess and now proclaiming and false rumors of china banning bitcoins might is the reason for another hit on rates.Yes bitcoin will surely rise but not soon you can't expect a stable $1000 this year. :)


Title: Re: Bitcoin going down forever?
Post by: bitvestor on March 31, 2014, 08:24:19 AM
Bitcoin going down forever?
Your post is a clear sign we are near the bottom.
Keep it coming.  :D

Yea, this should be a quote..


Title: Re: Bitcoin going down forever?
Post by: GhanaGamboy on March 31, 2014, 08:38:11 AM
Nothing is dying, the Bitcoin hashrate is going up  :P
So enjoy the price if your buyer, and hate the price if your seller


Title: Re: Bitcoin going down forever?
Post by: Rias on March 31, 2014, 08:43:17 AM
Nothing is dying, the Bitcoin hashrate is going up  :P
So enjoy the price if your buyer, and hate the price if your seller
Hashrate != price.

Bitcoin always experience this kind of deviations - so don't panic and everything will be fine :)


Title: Re: Bitcoin going down forever?
Post by: azguard on March 31, 2014, 09:14:30 AM
Quote
Quote from: GhanaGamboy on Today at 08:38:11 AM
Nothing is dying, the Bitcoin hashrate is going up  Tongue
So enjoy the price if your buyer, and hate the price if your seller
Hashrate != price.

Bitcoin always experience this kind of deviations - so don't panic and everything will be fine Smiley

It will be fine. But like said if u r buyer enjoy in low price while lasting, for seller w8 for it it will cum up soon.


Title: Re: Bitcoin going down forever?
Post by: Predatorian on March 31, 2014, 09:20:49 AM
Do not panic, it's only for short time cuz many people selling at the same time, keep your btc and buy even more!


Title: Re: Bitcoin going down forever?
Post by: txbt on March 31, 2014, 09:43:15 AM
Nothing is dying, the Bitcoin hashrate is going up  :P
So enjoy the price if your buyer, and hate the price if your seller

Yes, enjoy the price if you are a buyer, and hate the price only if selling is a real emergency. Panic will only prologue the situation for a few weeks but anyway this low rate will not last. It depends mostly on how many people are out there waiting for "a good price to buy" (because they are a lot of them now) and what is that price.


Title: Re: Bitcoin going down forever?
Post by: BitOnyx on March 31, 2014, 09:43:46 AM
Look on two years graph of bitcoin.

Now you see.



Title: Re: Bitcoin going down forever?
Post by: AndBerg on March 31, 2014, 10:01:58 AM
It will raise up again  ;D


Title: Re: Bitcoin going down forever?
Post by: aliceHortrex on March 31, 2014, 10:04:40 AM
I suppose, it's just a great opportunity to buy some bitcoins right now, while price is so low.  :P


Title: Re: Bitcoin going down forever?
Post by: southerngentuk on March 31, 2014, 10:37:01 AM
Are we seeing all those get rich quick kids running for the exit ?

All those who thought them money making machines would bring in a quick buck ?

Those who borrowed to jump on the train and have to pay back the $$'s ?


Where better off without them.

Hodl on !


Title: Re: Bitcoin going down forever?
Post by: azguard on March 31, 2014, 10:45:47 AM
Quote
   
Re: Bitcoin going down forever?
Today at 10:04:40 AM
   
Reply with quote  #21
I suppose, it's just a great opportunity to buy some bitcoins right now, while price is so low.  Tongue

Always is good buying cheap n selling high. This is good opportynity to do just that BTC is going down slowly.


Title: Re: Bitcoin going down forever?
Post by: southerngentuk on March 31, 2014, 10:53:08 AM
Always is good buying cheap n selling high. This is good opportynity to do just that BTC is going down slowly.

This is a great opp, I always find it difficult to pick the bottom and loose out on some margin,

however at these prices if I miss it by $50 I shall still be happy.  8)


Title: Re: Bitcoin going down forever?
Post by: zolace on March 31, 2014, 12:58:33 PM
Why some people panic so easly?They panic and sell bitcoins, price drops and the ones like Chinese government take advantage and buy the bitcoins so they can have more control over it. When you decide to invest in bitcoin have a little patience and trust and don\t believe any rumor !


Title: Re: Bitcoin going down forever?
Post by: spazzdla on March 31, 2014, 01:37:32 PM
Waiting on sub $300 to buy up +$1000, else sit and hold.  I will only sell my crypto for silver/gold/food/clothing/housing... for now but never paper.


Title: Re: Bitcoin going down forever?
Post by: durrrr on March 31, 2014, 06:44:48 PM
bitcoin is not going down forever. if anything it is still on an upward trend overall if you do a positive correlation. tink about it this way in a few monts price sould be higher tan december


Title: Re: Bitcoin going down forever?
Post by: Velkro on March 31, 2014, 06:50:48 PM
:) dont worry it will go up
cheers


Title: Re: Bitcoin going down forever?
Post by: igorr on March 31, 2014, 07:15:23 PM
who will to pay to new rise price ???

Maybe some new MtGox !


Title: Re: Bitcoin going down forever?
Post by: trynmpo on March 31, 2014, 07:30:04 PM
for now "hope not" is the only suitable answer,because many of us invested a lot  ..  :-\


Title: Re: Bitcoin going down forever?
Post by: igorr on March 31, 2014, 07:33:19 PM
for now "hope not" is the only suitable answer,because many of us invested a lot  ..  :-\

And after that, what do you have? Just bitcoin.
But Bitcoin is not recognized by any government and never will be.



Title: Re: Bitcoin going down forever?
Post by: Morpheus. on March 31, 2014, 09:22:49 PM
BitCoin will surely grow again.


Title: Re: Bitcoin going down forever?
Post by: morphtrust on March 31, 2014, 09:48:08 PM
Nothing is dying, the Bitcoin hashrate is going up  :P
So enjoy the price if your buyer, and hate the price if your seller

Yes, enjoy the price if you are a buyer, and hate the price only if selling is a real emergency. Panic will only prologue the situation for a few weeks but anyway this low rate will not last. It depends mostly on how many people are out there waiting for "a good price to buy" (because they are a lot of them now) and what is that price.

many of those people are watching the price and when it starts going up they will jump on it. this is why it bubbles like crazy. the more people think "crap waited a bit to late better buy now before it goes any higher" the higher it goes. lol. it will all be stopping at the top due to people running out of money, nothing more, so these bubbles often happen when people have excess cash for one reason or another. take a look at your own funds, when is the next time you will have a bump in money (or normally would each year if you are having a bad year, and wont this time, expect others will and plan on selling around that time to get some money, but hold on till then, if you can at all :) )


Title: Re: Bitcoin going down forever?
Post by: roslinpl on March 31, 2014, 10:03:19 PM
BitCoin will surely grow again.

this is like 100% chance ;)
People who think bitcoin will cost 0$ again are just not too realistic :)


Title: Re: Bitcoin going down forever?
Post by: Lannister on April 01, 2014, 06:57:16 AM
no, it will climbing up again
buy now when price is cheap
and sold again later for get profit ;D


Title: Re: Bitcoin going down forever?
Post by: roslinpl on April 01, 2014, 05:08:34 PM
I see that this price is bottom for sure :) look at it - it wont come lower ;P

Lets wait till end of a day and tomorrow we will see.



Title: Re: Bitcoin going down forever?
Post by: semaforo on April 01, 2014, 05:23:25 PM
https://i.imgur.com/mTrh4x5.jpg


   That should pretty well answer the question...


Title: Re: Bitcoin going down forever?
Post by: Erdogan on April 01, 2014, 08:35:48 PM
Bitcoin is a get rich quick but not that quick scheme.



Title: Re: Bitcoin going down forever?
Post by: Bit_Happy on April 01, 2014, 08:43:03 PM
Bitcoin is up a lot since yesterday's low.
Will it ever stop going up?  :D


Title: Re: Bitcoin going down forever?
Post by: AndBerg on April 01, 2014, 08:55:01 PM
Ever, ever, ever ;)


Title: Re: Bitcoin going down forever?
Post by: Kokosek on April 01, 2014, 09:59:27 PM
I think that it`s good time to buy BTC sure it will raise up very soon :)


Title: Re: Bitcoin going down forever?
Post by: roslinpl on April 01, 2014, 10:04:08 PM
I think that it`s good time to buy BTC sure it will raise up very soon :)

This is BEST time to buy some BTC's from December 14th-15th :)

Who knows will it happen again or not :)
There is a possibility that there will be no more such a great price like it is now ;)

Anyway everything is possible - time will show us what future will bring to a value of Bitcoin! ♥BTC

Kokosek are you going to buy some now? :) I am not lucky as I haven't got money to buy some now....





Title: Re: Bitcoin going down forever?
Post by: Kokosek on April 01, 2014, 10:21:14 PM
I think that it`s good time to buy BTC sure it will raise up very soon :)

This is BEST time to buy some BTC's from December 14th-15th :)

Who knows will it happen again or not :)
There is a possibility that there will be no more such a great price like it is now ;)

Anyway everything is possible - time will show us what future will bring to a value of Bitcoin! ♥BTC

Kokosek are you going to buy some now? :) I am not lucky as I haven't got money to buy some now....




I haven`t got much money now too so I need to wait and see what will happen with my BTC  :)
but if the price goes down more I will think about it :)


Title: Re: Bitcoin going down forever?
Post by: roslinpl on April 01, 2014, 10:23:33 PM
I think that it`s good time to buy BTC sure it will raise up very soon :)

This is BEST time to buy some BTC's from December 14th-15th :)

Who knows will it happen again or not :)
There is a possibility that there will be no more such a great price like it is now ;)

Anyway everything is possible - time will show us what future will bring to a value of Bitcoin! ♥BTC

Kokosek are you going to buy some now? :) I am not lucky as I haven't got money to buy some now....




I haven`t got much money now too so I need to wait and see what will happen with my BTC  :)
but if the price goes down more I will think about it :)

So I understand :) You are HODLING your BTCs - that is very good strategy!
Sorry to hear you cannot buy some now, but I have same problem as you already know :)

Maybe price wont go up too fast so we can grab some too during next week or two :)


Title: Re: Bitcoin going down forever?
Post by: Erdogan on April 01, 2014, 10:41:32 PM
I can not go down forever - it will stop at zero.

It can go up forever - there is no upper limit. It is also designed to go up forever.



Title: Re: Bitcoin going down forever?
Post by: hungpham on April 02, 2014, 12:40:20 PM
1 btc will reach 1000.000$ in 2150 :D whole the world will use btc for any transactions. cash will disappear. i believe in it


Title: Re: Bitcoin going down forever?
Post by: roslinpl on April 02, 2014, 12:56:45 PM
Look on two years graph of bitcoin.

Now you see.



Yes this is what panic sellers don't do :-)

According to history charts of a btc price we can see that bitcoin seems very alive and price seems very good too :-)


Title: Re: Bitcoin going down forever?
Post by: spazzdla on April 02, 2014, 01:20:58 PM
I'm buying all the way down... :O.

Just became a doge millionare hehehe.


Title: Re: Bitcoin going down forever?
Post by: Kokosek on April 02, 2014, 01:51:00 PM
1 btc will reach 1000.000$ in 2150 :D whole the world will use btc for any transactions. cash will disappear. i believe in it

That would be challenge for economy :) but sounds like impossible :P


Title: Re: Bitcoin going down forever?
Post by: roslinpl on April 02, 2014, 03:24:20 PM
1 btc will reach 1000.000$ in 2150 :D whole the world will use btc for any transactions. cash will disappear. i believe in it

That would be challenge for economy :) but sounds like impossible :P

This sounds like impossible because of few things :) But it is not impossible as impossible is nothing :)

I understand 1000.000$ means  1 million USD - there are few cases when I can imagine 1BTC=1mill$
and IF dollar will disappear and BTC will be a currency - then maybe it will be worth 2 million :)

Any way - this is worthless to think about too much as those are only speculations.

Back to the topic : Bitcoin going down forever? - forever? definition of forever? :)

Bitcoin is going up and down up and down :) and this what I will believe will be happening forever and ever ;)
Up and down :)

Hodl and sodl and panic and buy :)

BTC