Bitcoin Forum

Economy => Speculation => Topic started by: Coinbuddy on January 26, 2015, 02:53:02 PM



Title: Bitcoin UP and DOWN continues
Post by: Coinbuddy on January 26, 2015, 02:53:02 PM
Bitcoin again falling down.So volatile.Any more reasons???


Title: Re: Bitcoin UP and DOWN continues
Post by: Kipsy89 on January 26, 2015, 02:59:37 PM
It was a very strong week after hitting the new alleged bottom. The lunar announcements caused people to panic-buy even more coins. It's just a strong upswing and a correction was inevitable. That's how markets work. Nothing new :)


Title: Re: Bitcoin UP and DOWN continues
Post by: ThatDGuy on January 26, 2015, 03:01:35 PM
Bitcoin again falling down.So volatile.Any more reasons???

It went up over 3 days from a low of $230 to a high of $309.  There's obviously going to be a correction. 


Title: Re: Bitcoin UP and DOWN continues
Post by: ajw7989 on January 26, 2015, 03:02:41 PM
It was a very strong week after hitting the new alleged bottom. The lunar announcements caused people to panic-buy even more coins. It's just a strong upswing and a correction was inevitable. That's how markets work. Nothing new :)

I agree with this. It would be nice though if btc stabilizes around 300 due to the difficulty. It will make cloud mining profitable again


Title: Re: Bitcoin UP and DOWN continues
Post by: Kipsy89 on January 26, 2015, 03:10:49 PM
It was a very strong week after hitting the new alleged bottom. The lunar announcements caused people to panic-buy even more coins. It's just a strong upswing and a correction was inevitable. That's how markets work. Nothing new :)

I agree with this. It would be nice though if btc stabilizes around 300 due to the difficulty. It will make cloud mining profitable again

I think the really scammy cloud mining companies need to be wiped out first. AMHash seems to be reliable and profitable, but others are calling it quits. We need services that are trustworthy in the Bitcoin world. $300 is a nice number, though - I agree :)


Title: Re: Bitcoin UP and DOWN continues
Post by: premium_domainer on January 29, 2015, 01:49:33 PM
everytime scams & ponzi schema kicked price bump & low.

it should be solved in future.



Title: Re: Bitcoin UP and DOWN continues
Post by: carlosiness on January 29, 2015, 01:51:44 PM
sorry for out of topic, but the situation is very close to this song: https://www.youtube.com/watch?v=hlv672jqbtE


Title: Re: Bitcoin UP and DOWN continues
Post by: 1Referee on January 29, 2015, 01:57:11 PM
It's a free market, that's the beauty of Bitcoin.

If people think Bitcoin is worth $500 then it's worth $500.

If people think Bitcoin is worth $150 then it's worth $150.

WE decide the price. If the time is right and people are willing to pay extra for their coins then it will go up automatically.


Title: Re: Bitcoin UP and DOWN continues
Post by: NUFCrichard on January 29, 2015, 02:13:35 PM
Bitcoin again falling down.So volatile.Any more reasons???
More down than up unfortunately, there seems no good reason why the price should fall below last weeks levels, but that isn't to say it won't


Title: Re: Bitcoin UP and DOWN continues
Post by: JessicaSe on January 29, 2015, 02:29:16 PM
bitcoin price pumped after coinbase news about first licensed bitcoin exchange in US, and now dropping after profit taking and some bad may be fake news about coinbase about their financial trading license


Title: Re: Bitcoin UP and DOWN continues
Post by: Coinbuddy on January 29, 2015, 02:46:35 PM
bitcoin price pumped after coinbase news about first licensed bitcoin exchange in US, and now dropping after profit taking and some bad may be fake news about coinbase about their financial trading license

Make a news site and publish good news for bitcoin,it will go up!
HaHa


Title: Re: Bitcoin UP and DOWN continues
Post by: lexuz on January 29, 2015, 07:06:34 PM
No reason its normaly price up and down. So whats a problem.


Title: Re: Bitcoin UP and DOWN continues
Post by: keelba on January 29, 2015, 07:36:49 PM
Bitcoin again falling down.So volatile.Any more reasons???

How long have you had a relationship with Bitcoin? This is normal.


Title: Re: Bitcoin UP and DOWN continues
Post by: Pecunia non olet on January 29, 2015, 09:34:07 PM
Bitcoin again falling down.So volatile.Any more reasons???

pump and dump, inflation and so on

up is illusion, trend is down for now


Title: Re: Bitcoin UP and DOWN continues
Post by: arvindr on January 29, 2015, 09:38:53 PM
Bitcoin again falling down.So volatile.Any more reasons???

been happening since the past month. Looks like it doesn't need a reason to ride the coaster.


Title: Re: Bitcoin UP and DOWN continues
Post by: rosh on January 30, 2015, 01:07:26 AM
Bitcoin again falling down.So volatile.Any more reasons???

By now, everybody should have become used to this roller-coaster ride.  :)