Gonna go up soon, next rise will be pretty quick so keep an eye on those charts  Yeah strong hands are keeping the price where it is. Bears are losing. |
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Got my bid orders at $432, is this too low??
maybe 448 is better
I think 440-450 is good, but 460~ is safer play I don't see the price going any lower than $480 really. There is so much resistance between here and $432 anwyay |
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prices dropped a bit due to Chinese bank account closure. It will rise slowly again.
Still a fairly stable range though so its nice to be above 500 again Below $500 for now. But the appetite is there, just need a few more weak hands to get out of the market and more breathing space from MT Gox and China rumors. |
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I think it's a pretty black and white situation for any specific "coin" or protocol. Either it will make it and keep going up in value (deflation), or it will die completely (or at least down to pennies on the dollar so to speak).
Crytocurrency as a whole will be around for a long long time though.
Just my 2 satoshi
Based on what I have seen so far, it seems like a lot of cryptos don't quite die but just keep slowly losing value and crawling along. I could probably like a hundred examples. It seems like now investors are getting leery of 500 million altcoins, there are too many of them and most flop. If we are strictly talking about Bitcoin, I think it could survive even if mass acceptance is never achieved. It could remain as a niche thing for computer enthusiasts now that so much ground work has already been laid out. Think of it like those credit cards that are not commonly accepted but some people still insist on using them whenever they can. Yes I think it could also survive as a niche payment method for die-hard libertarians |
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Gox's 200,000+ btc is going to be liquidated soon, and that could be bullish or bearish depending on how you look at it. Some people view the recent positive assessment by financial analysts as bullish. I don't really see much on the horizon right now that would draw the masses that we'd need to go from $500 to $5000. The average person who had heard of btc has only heard negative things about it; hacks, stolen coins, drugs, nerds, etc.
How can a sudden rush of supply be good? |
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How much will it fall? I imagine a large chunk of the price is based on future potential, rather than current utility.
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Just to counter-act the bears.
Will update if this situation ever changes, and can be bumped when rumours spread again
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Sub 400 coins in 24 hours.
Source? China Right. You must be doing awesome trading. hahaha It is rallying again |
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All my fiat's value is simply being eroded by inflation and if the UK government defaults on its huge amounts of debt, the £ could be worth next to nothing.
Yeah, Bitcoin fluctuates but the risk of a total collapse of Bitcoin seems less likely than fiat currencies when you think about it.
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It is just a matter of time now
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What would happen if all the dogecoiners persuaded Amazon to accept doge before bitcoin?
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Hey
I will do it for a 50% cut. I will also design ads that are optimized for bring in the most clicks.
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No reason why it should.... but yeah , it might take us even below 0 I think it will take us to $600 |
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Ive never really sat and watched Huobis trades going through. My god that place is insane.
that place is fake... It looks it but while the west follows its every move it cant be ignored! Haha what a world we live in |
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What is the news from China? I don't see anything other than a new ATM...
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There is no more resistance. First $560, then $600, then $2000
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Its happened.
Who is panic buying?
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I hope Amazon never accepts bitcoins, ever. Because if they did, they would convert it to fiat by selling it outright, thus driving down the btc price. Look what happened after overstock and tigerdirect started accepting btc. Amazon is much bigger, thus will have bigger effect.
As mentioned elsewhere, people who spend BTC often buy it back. Also, this is a necessary evil to go through until merchants buy and hold BTC |
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