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Bitcoin => Bitcoin Discussion => Topic started by: cryptopick on January 05, 2015, 07:11:18 AM



Title: The Reality Of The 2015 Bitcoin Price Swings!
Post by: cryptopick on January 05, 2015, 07:11:18 AM
https://www.youtube.com/watch?v=e5gLoQHvnjY&feature=youtu.be


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: BitCoinNutJob on January 05, 2015, 09:12:39 AM
https://www.youtube.com/watch?v=e5gLoQHvnjY&feature=youtu.be

Nice vid, im in it for the long, will be buying some more


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: RenegadeMan on January 05, 2015, 10:19:06 AM
https://www.youtube.com/watch?v=e5gLoQHvnjY&feature=youtu.be

Yes, very well put.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: BitCoinNutJob on January 05, 2015, 10:49:46 AM

Seems to be more new bitcoin video bloggers recently, its good to see bitcoiners aren't all pot heads. ;D


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: HarmonLi on January 05, 2015, 11:18:31 AM
Sometimes negative things just are what they are... negative things. We need to acknowledge that more in my opinion. I also find it somewhat hilarious to say that Bitstamp going down would be good for the price, since Bitcoin behaves kind of bizarro right now, but it would be a really bad thing, actually.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: Q7 on January 05, 2015, 11:30:56 AM
Nice one. I'm definitely holding onto my bitcoin for sure and I agree it's basically the fear factor that is pushing the price further down with some panic selling and especially made worse with the latest fiasco with bitstamp. Hopefully we ought to see price recovery pretty soon.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: conizer14 on January 05, 2015, 02:53:22 PM
It's easy to see why people are fretting... but things will improve methinks


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: mlferro on January 05, 2015, 09:27:38 PM
Nice one. I'm definitely holding onto my bitcoin for sure and I agree it's basically the fear factor that is pushing the price further down with some panic selling and especially made worse with the latest fiasco with bitstamp. Hopefully we ought to see price recovery pretty soon.

It's easy to see why people are fretting... but things will improve methinks

yes, of course, for sure !!! things will get better.

I will also not sell, I will only observe. How much panic can calsar problems


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: finlon on January 06, 2015, 12:05:23 AM
https://www.youtube.com/watch?v=e5gLoQHvnjY&feature=youtu.be

Nice vid, im in it for the long, will be buying some more
In for the long for what? The price or the concept of bitcoins?


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: BitCoinNutJob on January 06, 2015, 10:44:23 AM
https://www.youtube.com/watch?v=e5gLoQHvnjY&feature=youtu.be

Nice vid, im in it for the long, will be buying some more
In for the long for what? The price or the concept of bitcoins?

Yeah both, im long term holding now and acquiring more each week.  Even if i had none i support crypto currency for social change potential which all common people will profit from. 


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: picolo on January 06, 2015, 10:56:03 AM
Nice vid, im in it for the long, will be buying some more
In for the long for what? The price or the concept of bitcoins?

Short answer: Both.

I'm buying BTC for the same reasons I'm buying precious metals: I've lost all trust in fiat. All major currencies are hopelessly overprinted and at some point this has to result in high inflation rates. I'm buying now rather than when inflation really picks up because I believe BTC is currently seriously undervalued and experience tells me that markets will price in expectations of high inflation much quicker than I will be able to react.

There are other inflation edges but one of the reason why Bitcoin will appreciate in price is because of the inflation that will decrease the Dollar's value.

OP's video is interesting, summary of it : "calm down, be positive"


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: calaber24p on January 06, 2015, 03:44:45 PM
The problem though is as the price drops, it discourages people from entering the market due to fear. Even people other than speculators who can use bitcoin for remittance might be scared off by shills and negative publicity arisen from the price drops.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: picolo on January 06, 2015, 05:34:33 PM
The problem though is as the price drops, it discourages people from entering the market due to fear. Even people other than speculators who can use bitcoin for remittance might be scared off by shills and negative publicity arisen from the price drops.

You are right but it can revert since when the price rises, it is likely to keep rising as people are margin trading long and the fear is smaller among new buyers.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: dmugetsu on January 06, 2015, 05:49:01 PM
Some media is making sure that bitcoin does not get support and such.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: JLynn171 on January 06, 2015, 05:52:17 PM

Seems to be more new bitcoin video bloggers recently, its good to see bitcoiners aren't all pot heads. ;D

pot heads are good to have alot of in a community someones gotta keep a calm head about them in all this crazy ness


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: cryptopick on January 20, 2015, 03:37:01 AM
Great comments everyone, glad its getting some talk going.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: bornil267645 on January 20, 2015, 10:46:15 AM
I hope it goes to the green side of the numbers for once. This price drop is feeling like a cold, freezing death to bitcoin community and needs to be shake out.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: philiveyjr on January 20, 2015, 12:02:17 PM
It's easy to see why people are fretting... but things will improve methinks

Yeah..!! Pretty sure things r getting better..! n we can already see it.! hopefully it gets smooth 4m now on.!!


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: Q7 on January 20, 2015, 01:12:24 PM
Not bad.. nice video but there's certainly more he can do to elaborate on why the price swing is not necessarily negative and how it relates to future of bitcoins.


Title: Re: The Reality Of The 2015 Bitcoin Price Swings!
Post by: cryptopick on January 20, 2015, 06:48:13 PM
Not bad.. nice video but there's certainly more he can do to elaborate on why the price swing is not necessarily negative and how it relates to future of bitcoins.

I had the same thought so I made another video in you check my page.


Trev