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Title: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: precrime3 on April 25, 2014, 05:28:36 PM Check marketcaps, bitcoin down to $450, whats causing the trend?
Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: bitcoinsrus on April 25, 2014, 05:30:35 PM http://www.coindesk.com/bitcoin-price-drops-40-following-reports-new-pboc-warnings/
also search google news and type in bitcoin for more news Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: precrime3 on April 25, 2014, 05:36:31 PM Of course, the chinease :/
Thanks for helping me out, what do you think the price will be in a couple of days? Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: byt411 on April 25, 2014, 05:37:21 PM Of course, the chinease :/ Thanks for helping me out, what do you think the price will be in a couple of days? Just usual crap from China as usual... It'll get back to $500 in a few days. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: precrime3 on April 25, 2014, 05:38:53 PM Thats what I thought! i think the community is getting tired of hearing stuff from china ::)
Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: Equate on April 25, 2014, 05:44:29 PM Thats what I thought! i think the community is getting tired of hearing stuff from china ::) There are too many threads about Chinese impact on bitcoin price .If you watch closely , this game is happening for a month , I just sit back and buy when price drops and make easy profit. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: Nagle on April 25, 2014, 06:10:38 PM Why did it go up from $380 to a little over $500? There hasn't been any good news lately.
It's a thinly traded market. There's about $+-100 of noise just from daily trading. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: byt411 on April 25, 2014, 06:16:31 PM Why did it go up from $380 to a little over $500? There hasn't been any good news lately. It's a thinly traded market. There's about $+-100 of noise just from daily trading. Not really, it was at $500, and dropped to $350 due to Chinese crap news, and it went back. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: UnDerDoG81 on April 26, 2014, 09:06:37 AM Any people from China here? What do you think about this rubberbanding situation? I think China seriously starts to hurting Bitcoin.
Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: DustyRah on April 27, 2014, 02:54:14 PM Check marketcaps, bitcoin down to $450, whats causing the trend? What's causing the trend??? Use your common sense, BTC has hardly any practical use and common people have no need to buy it. Its no longer even safe to be considered a long term investment. COMMON SENSE is causing the trend if anything. The only sound way for BTC to have a healthy value is when it is practically adopted and used widely. So if you own BTC, try to use BTC for your transactions instead of fiat. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: BTCtrader71 on April 27, 2014, 05:57:15 PM The only sound way for BTC to have a healthy value is when it is practically adopted and used widely. So if you own BTC, try to use BTC for your transactions instead of fiat. Whenever I use amazon, I buy an amazon gyft card using bitcoin and at exactly the same time, I buy the same amount of bitcoin from coinbase. I miss out on the 1% cash back from Discover, and may lose a percent on the bitcoin conversion (this part is variable), but usually come out ahead with the 3% in rewards points that gyft gives me. Gyft cards come in increments of $5 so if I have, let's say, a $102 purchase on amazon, I'll buy a $100 card at gift and charge the remaining $2 to my credit card. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: DustyRah on April 28, 2014, 02:00:15 AM The only sound way for BTC to have a healthy value is when it is practically adopted and used widely. So if you own BTC, try to use BTC for your transactions instead of fiat. Whenever I use amazon, I buy an amazon gyft card using bitcoin and at exactly the same time, I buy the same amount of bitcoin from coinbase. I miss out on the 1% cash back from Discover, and may lose a percent on the bitcoin conversion (this part is variable), but usually come out ahead with the 3% in rewards points that gyft gives me. Gyft cards come in increments of $5 so if I have, let's say, a $102 purchase on amazon, I'll buy a $100 card at gift and charge the remaining $2 to my credit card. Nicely done! Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: Chopperman on April 28, 2014, 11:57:09 PM The only sound way for BTC to have a healthy value is when it is practically adopted and used widely. So if you own BTC, try to use BTC for your transactions instead of fiat. Whenever I use amazon, I buy an amazon gyft card using bitcoin and at exactly the same time, I buy the same amount of bitcoin from coinbase. I miss out on the 1% cash back from Discover, and may lose a percent on the bitcoin conversion (this part is variable), but usually come out ahead with the 3% in rewards points that gyft gives me. Gyft cards come in increments of $5 so if I have, let's say, a $102 purchase on amazon, I'll buy a $100 card at gift and charge the remaining $2 to my credit card. Sounds like a lot of work. Amazon branded credit card gives you 3% points on all Amazon purchases. Points where you are most likely to use them rather than on more fancy gyft cards. Pay off credit card each month. Bam, done. Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: GodHatesFigs on April 29, 2014, 04:09:31 AM More sellers than buyers.
/thread Title: Re: Haven't heard any FUD/rumors, whats causing the downward trend? Post by: YipYip on April 29, 2014, 04:25:21 AM More sellers than buyers. /thread More Materiality value of sellers vs buyers /thread 8) |