Bitcoin Forum

Economy => Speculation => Topic started by: spazzdla on November 10, 2015, 06:01:50 PM



Title: Back to 220-240 we go..
Post by: spazzdla on November 10, 2015, 06:01:50 PM
We might be at this range for over a decade... just saying..


Title: Re: Back to 220-240 we go..
Post by: dinofelis on November 10, 2015, 07:15:42 PM
If ever that were the case, bitcoin would become a genuine currency...


Title: Re: Back to 220-240 we go..
Post by: morantis on November 10, 2015, 07:16:43 PM
There will be another surge upward before it gets back down to 220.


Title: Re: Back to 220-240 we go..
Post by: bajing on November 10, 2015, 07:22:12 PM
i dont think so because i see big wall in the price $330 i dont all trader trying to dumping price can break that wall or not


Title: Re: Back to 220-240 we go..
Post by: ANdr0id on November 10, 2015, 07:25:14 PM
i dont think so because i see big wall in the price $330 i dont all trader trying to dumping price can break that wall or not
Something always comes up and it bounces back slowly this time everybody is hoping so this disaster doesn't keep reoccurring again anytime soon.


Title: Re: Back to 220-240 we go..
Post by: spazzdla on November 10, 2015, 07:34:59 PM
We seem to always go back there.... I really think we are again.


Title: Re: Back to 220-240 we go..
Post by: gentlemand on November 10, 2015, 07:49:59 PM
A decade? So the block reward will pay about $1500? Looks like I won't even need my laptop to mine. My vibrator should have enough processing power to blow the remaining miners away. Sweet.


Title: Re: Back to 220-240 we go..
Post by: erikalui on November 10, 2015, 08:00:33 PM
Why a decade? I don't think bitcoin price can be stable ever. It will rise and fall but having a stable price might affect the currency as its known for its volatility.


Title: Re: Back to 220-240 we go..
Post by: InvoKing on November 10, 2015, 08:07:15 PM
We might be at this range for over a decade... just saying..

Wow people, saw too many pessimistic posts today.
If the price could stick around 220$ for a decade with a good +100-200$ jump each time then personally I don't mind at all  ;)


Title: Re: Back to 220-240 we go..
Post by: ANdr0id on November 10, 2015, 08:11:00 PM
Why a decade? I don't think bitcoin price can be stable ever. It will rise and fall but having a stable price might affect the currency as its known for its volatility.
This is how other currencies trade too. They rise and fall depending on the other currencies that are trading. And they are somewhat volatile but not as much to notice.
I think for it to not to be erratically as much, would be to find it's anchor to be stable. Like the American dollar's value is dependant on oil.


Title: Re: Back to 220-240 we go..
Post by: mirana12345 on November 10, 2015, 09:13:45 PM
There's a ton of people who sold as soon as price went over 300, and most of the people after that sold at ~400, so if we are to judge by previous
experience - when everyone sells - it usually goes up again. tbh i think it's gonna zig-zag all the time until enough coins are shaken out of people who cant hodl.


Title: Re: Back to 220-240 we go..
Post by: GailSan on November 10, 2015, 09:19:17 PM
WOW its really beginning to collapse.  :-\ I thought it was just games with the shorters but theres more to this for sure. looks like panic or long term holders wanting out?


Title: Re: Back to 220-240 we go..
Post by: NorrisK on November 10, 2015, 09:36:10 PM
Sell now, fast, last chance...

Come on.. Price just rose way to fast and now you feel what a correction is. It should've ended the rally at this price and then retrace back to sub 300 for a bit before rising again.

People are now starting to panic sell, soon will be the time to pick up some cheap coins :)