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Title: Nasdaq.com: Current BTC Price Shouldn't Be A Concern Post by: pawel7777 on January 13, 2015, 06:44:52 PM Quite sensible observation by M. Tillier:
Quote Those who stand in implacable opposition to Bitcoin seem to want it both ways. “Look,” they say,” Bitcoin has dropped from over $1100 to under $250; it is obviously worthless!” Then, at the same time, they maintain that the jump up to nearly $1200 was evidence of a massive speculative bubble and had no real bearing on the actual value of the virtual currency. Surely though, if the second contention is true then the first has no validity until we break significantly below pre-bubble levels. Bitcoin’s value against the U.S. Dollar (BTC/USD) started that crazy two month run up from a level just below $200, as the chart below shows. http://www.nasdaq.com/article/bitcoins-bubble-means-that-current-levels-shouldnt-be-a-concern-cm432278 (http://www.nasdaq.com/article/bitcoins-bubble-means-that-current-levels-shouldnt-be-a-concern-cm432278) Title: Re: Nasdaq.com: Current BTC Price Shouldn't Be A Concern Post by: Melbustus on January 13, 2015, 10:24:46 PM Funny that leveler heads regarding Bitcoin are prevailing on Nasdaq.com than around here there days...
Title: Re: Nasdaq.com: Current BTC Price Shouldn't Be A Concern Post by: theblacksquid on January 14, 2015, 12:39:16 AM It's because they've been through price falls worse than what we've ever seen with BTC.
Title: Re: Nasdaq.com: Current BTC Price Shouldn't Be A Concern Post by: Bobsurplus on January 14, 2015, 12:40:27 AM Its going back to $100-$150.
Get your orders ready. Title: Re: Nasdaq.com: Current BTC Price Shouldn't Be A Concern Post by: theblacksquid on January 14, 2015, 12:59:29 AM Better Bet'cha bottoms, I will! ;D
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