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Title: Would be a big explosion on Bitcoin price it in this year? Post by: titulng on September 16, 2014, 04:32:45 AM Since the last three months, Bitcoin is being dropped quietly, why?
https://i.imgur.com/AEdk2TU.png https://i.imgur.com/d3J1bl7.png https://i.imgur.com/Pm5ngSN.png https://i.imgur.com/VIRkgpd.png https://i.imgur.com/NXCKatH.png And would it continue to be a big explosion on Bitcoin price it in this year? Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Jamacn on September 16, 2014, 07:57:01 AM prolonged timeline a little, you can find prices are being ups and downs in turn ;)
https://i.imgur.com/scXfiXW.png but not sure that wheather there a bomb in this year like last year Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Nrcewker on September 16, 2014, 10:04:31 AM What do you want to express, can you write more words well?
Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: EricTyle on September 16, 2014, 10:16:23 AM Why did we post 5 pictures of the same graph?
Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: hotsaucee on September 16, 2014, 11:18:19 AM Look around the sub forum and you won't find any valid answers. Most people here have a horrible bias. The fact is the bitcoin price is hugely volatile so an increase if at all will be highly unpredictable
Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: HI-TEC99 on September 16, 2014, 01:07:41 PM Look around the sub forum and you won't find any valid answers. Most people here have a horrible bias. The fact is the bitcoin price is hugely volatile so an increase if at all will be highly unpredictable True, most people here cannot accurately predict what will happen or why it will happen. Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: antibitcoinconsortium on September 16, 2014, 01:57:50 PM because the system is slowly dying
wake up! Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Wilhelm on September 16, 2014, 05:33:20 PM because the system is slowly dying wake up! NO PAIN, NO GAIN!!! The lower she goes, the higher she'll blow!!!! Put on your space suit, in 2015 we will be in outer space :) Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: giveBTCpls on September 16, 2014, 05:54:35 PM because the system is slowly dying How much does the gov pay you to spread FUD? lol, it will be funny when you end up getting paid in BTC.wake up! Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: jcoin200 on September 16, 2014, 08:30:51 PM I have seen a lot of valid explanations on here actually. I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock. As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold. more selling drives price down, and not enough (hardly any) new buyers/new money coming in.
Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: AirFlame on September 16, 2014, 10:58:42 PM NO PAIN, NO GAIN!!! The lower she goes, the higher she'll blow!!!! Put on your space suit, in 2015 we will be in outer space :) So true. I am waiting for blow then :) I think blow will be in the end of this year :) Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Xiaoxiao on September 17, 2014, 12:09:32 AM Bitcoin price it in this year!
Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: TaunSew on September 17, 2014, 12:22:28 AM I have seen a lot of valid explanations on here actually. I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock. As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold. more selling drives price down, and not enough (hardly any) new buyers/new money coming in. Yet who is going to spend BTC at Dell or Overstock if they already have $Fiat? Seems plausible that all these sales are being driven by Bitcoin whales and professional miners who are dumping. You have to wait until these Bitcoin whales / miners run out of BTC so the price can recover. It could very well take years for Bitcoin to go back to $1000 (due to all the overnight millionaires created overnight who'll need to be liquidated) but then Bitcoin isn't the only game in town, it could be replaced by an alternate in those years of recovery. Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Nrcewker on September 17, 2014, 02:05:50 AM because the system is slowly dying true?wake up! that's a really good news, ah Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Brewins on September 17, 2014, 02:09:56 AM No.
No explosion. But no implosion. We are going nowhere but to nowhere Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Bejkn on September 17, 2014, 02:27:27 AM I have seen a lot of valid explanations on here actually. I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock. As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold. more selling drives price down, and not enough (hardly any) new buyers/new money coming in. But why the price falls instead?Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: Jamacn on September 17, 2014, 07:17:45 AM No. Your words are philosophical wellNo explosion. But no implosion. We are going nowhere but to nowhere Title: Re: Would be a big explosion on Bitcoin price it in this year? Post by: halfbitcoin on September 17, 2014, 07:32:06 AM The "explosion" could be either upwards or downwards, in my opinion there are more possibilities we are going up.
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