Bitcoin Forum

The end of such low prices I mean. It seems that we bottomed out, price is low and if we get to have a few more weeks of low (or lower) prices, then we might go ballistic soon.

You can't deny it, if you had fiat sitting in exchanges, this drop was amazing if you wanted to consolidate your BTC positions. With the summer getting to an end and ETF launching soon, many bears will gradually turn into bulls.

After hitting rock bottom, BTC has started to recover. I invested a lot. Hope it pays me back soon.

I'm hoping so but nobody can say that for sure, bitcoin is so unpredictable in these weeks!

I hope not. Down to 250 and staying in that range for at least half a year would be fantastic IMHO. That would weed out the gold diggers (and create an interesting stress test for miners) and make it possible to focus on the fundamentals - the technology. Bitcoins worth shouldn't be measured in the price per BTC, it goes a lot deeper than that, but for that to really show a lot of developing is still needed.

A stress test as in mining in the negative? 

It would also give me more time to accumulate cheap coins  ;D

The value will skyrocket in few months, the good news are everywhere we can't fall deeper.

no, keep selling everyone.

to me.

We are still in a bear trap, wait a little longer, it may go down even further.

http://i57.tinypic.com/euj3vn.jpg

Weak hands: Shaken.
Whales: Feed.

Couldn't agree more. The weak hands who sold this summer are going to be crying come Christmas.

People is panic selling now but when the price will rise again they will cry on this forum, like in the past years.

we are a the bottom already no more duming, the price is stable now, isn't this the same price of may or june don't remember the date of the last dump

There was a quick dump to $360 in feb I thought but insta recover to low/mid $400's.. looks familiar.

It does seem to take a dive just before a bubble...  :D

No, this is incorrent. Flash crashes in bear markets may rebound to new rally, but flash crash in bear market means more drop in mid term!

Cut your looose before it's too late!

Down to 100 would be even better. I would love to buy bitcoins @ $100 USD for the rest of the year.

And then after that it can sink to $22.79 and you'll panic sell into a loss.

Let's face it, you people missed out on sub-single, single, and double digit BTC.  Hoping for the economy to tank so you can "buy in" is not only selfish, but dangerous for BTC as a whole.

we will go much lower than $100 soon, no worry

yeah it's exactly the same dump that happen back in feb, it should recover and return above 500 quickly

A. It is actually correct, it's done this twice in a row.
B. your entire statement is a contradiction.

Bitstamp is at 482$ right now but it's bouncing up and down, it's too difficult to try to predict the value
but I agree with the fact that we have hit the bottom.