Bitcoin Forum

hi im just wondering why did bitcoin hit $200? will it rise again? please share your honest opinion, thanks!

Definitely. Play the swings!

I think it will.

as to why the price dropped, I'm not sure. I have this dumb guess that it happened because the big fishes are all on new year vacation.  :P

and I saw this news sometime last week telling that dollar is on the rise.

Miners do seem to think so. They are all selling at a loss if they sell their mined BTC now, BUT STILL they keep throwing more and more hash at this fcker... So YES. It will rise for sure. This is just whale dumbings...

And since 2009 Bitcoin has been in this situation many times by now.

http://oi60.tinypic.com/t0kzew.jpg

If it falls below 250, I think there is serious trouble but for right now I think it will rise again.

Calm down still january :P *i'm panic too actually, but not really LOL*

remember when you buy and when you sell it :D

Maybe the whale try to push down the price, then buy back when small investors rush to sell off at low price.

FULL ACK! Let the price fall! Let the whales dump! Let my pants down! Who cares?? Cheapcoins YOLO right?

It will rise again if it not dead.

bitcoin is definitely dead

We did learn a lot from btc though  :)

A part of the reason for the recent drop may be related to the USD getting stronger related to other assets and currencies

And yes, I think it will rise again... but I don't know for sure

looks like market manipulation, remember someone is buying the sells

bitcoin under 10 $

Bagholders

oh no! its time to sell again then..

Slang for idiots that are buying something that will never see another day. OTOH, could also and likely be smart buyers that will see the fruits beyond one's comprehension in due time. My money is on the latter and so are those betting on the all the startups making products that will make the community a better place for the common person via all these bitcoin conferences going on now and into the winter of 2015 and beyond. :)

Yes, almost certainly in 2016 when the mining rewards halves. That would reduce dumps to some extent.

Will rise again and will fall again too. Thats what bitcoin is all about.

If you are concerned about whether the price will rise up again, I can tell you there's always a chance. Number 1 reason is that the community here is still much alive, and the community here will be the one supporting bitcoin all the way through. And whatever selling pressure will be countered by the buy order, that's for sure.

I have no doubt that the price will go up, but I'm not expecting a big rise. But anything can happen.

It's rising right now... look at the charts.

Up 12% so far today.

Well the history always repeats itself, so in that view, it will rise.

From perspective, i think bitcoin has enough potential to climb up again, but the users need to stay calm an not to make any rash decision.