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nonbody (OP)
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August 21, 2015, 09:18:42 PM |
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As soon as developers and people at respected positions and followers in our little bitcoin word started bashing at each other with those xt vs core deathmatches,
it was obvious that the price will decline.
There is no reason to fear, because now is the time to cash in on the drop, sell and rebuy lower. The downfall will stop as
soon as the dust settles, and prices will recover, so in the longrun everyone is safe, until then, like i said, cash in on the fear and confusion.
i have got no more to invest  , so you think that 200 - 250$ is btcs stable point ? or do you think it will get a bit higher? |
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Ruzka
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August 21, 2015, 09:33:10 PM |
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This price is scaring everyone  Nope not everyone dude, there is a chance to stack some cheap coin. If you have spare funds don't miss it.
OP the same thing is causing this price drop that causes every other price drop. Whales having a whale of a time playing on peoples fear about the forking mass debate Cheesy (bitcoinxt drama) and not to mention getting some cheap coin for their troubles. |
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Shiver
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August 23, 2015, 01:33:34 PM |
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I think the most probable scenario is that there is a human trader (or a group) with large resources gaming the bots. When we get a large move it seems to rebound and then sit around for a while until the nerves settle to make sure it's not for a fundamental issue and just some gaming going on. It also seems to sit in that area whatever 'that area' is, as if the actual price is not that relevant yet to many, just that nothing has happened that breaks the system.
XT/fork/disputes are a factor I'm sure, though less significant.
As for block size and transaction capacity, I think that depends on what Bitcoins most popular use case turns out to be. If it's 100 people moving $10mill each per day then it's no issue. If it's microtransactions of a few cents by a couple of billion people then it would be something that needs attention.
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pitham1
Legendary
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Activity: 1232
Merit: 1000
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August 23, 2015, 02:02:59 PM |
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There is no reason to fear, because now is the time to cash in on the drop, sell and rebuy lower. The downfall will stop as
soon as the dust settles, and prices will recover, so in the longrun everyone is safe, until then, like i said, cash in on the fear and confusion.
The only problem is if the price suddenly shoots up and you keep waiting for cheaper coins. You wouldn't want to miss a bull run. |
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kenbytes
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August 23, 2015, 02:06:53 PM |
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i think is better that way ...maybe the price of bitcoin will stop around 250$ ...is not so good to oscillate from 1000 to 200 ..
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Monopoly
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August 23, 2015, 02:07:59 PM |
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Do not move the opposite direction of the trend market. the trend is sell so sell or hold your coins ...... never bought Steps by Steps at lower levels ......
There is a lot of potentials to seeing price lower than $160 even $100 and even $10 again .....
The bitcoin project is failed in my opinion but is was a good start for changing the rule of economic relations and banking technology
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btccashacc
Legendary
Offline
Activity: 1120
Merit: 1000
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August 23, 2015, 03:50:08 PM |
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i think is better that way ...maybe the price of bitcoin will stop around 250$ ...is not so good to oscillate from 1000 to 200 ..
The first price is only 10cent come on don't compare it, dont make people scared All bitcoiner keep hold your bitcoin |
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Neg
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August 23, 2015, 03:57:05 PM |
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Price doesn't scare me. I'm used to this behavior now. I'm sure this wont be the last predicament that causes a fall in value. As soon as developers and people at respected positions and followers in our little bitcoin word started bashing at each other with those xt vs core deathmatches,
it was obvious that the price will decline.
There is no reason to fear, because now is the time to cash in on the drop, sell and rebuy lower. The downfall will stop as
soon as the dust settles, and prices will recover, so in the longrun everyone is safe, until then, like i said, cash in on the fear and confusion.
The price will fall whenever their is uncertainty or bad news or eve rumors or news. |
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zecexe
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August 23, 2015, 04:01:12 PM |
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i am slightly shaken, what exactly is causing this price drop? is it normal?
i wont be dumping but i am still interested as to why we are experiencing a drop
It's a happy moment for me, I suppose both up and down work just fine and make no difference in meaning. lol |
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MinerHQ
Legendary
Offline
Activity: 1456
Merit: 1023
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August 24, 2015, 07:23:06 AM |
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If I had the funds, I would rack up as much bitcoins as I could. Bitcoin is still at an infant stage, more and more companies and individuals will be slowly attracted towards the decentralised currency. Which means things can only get better henceforth
Every one is thinking it will become better and better but since last one year btc price nothing has improved so need to be very careful when you buy more quantity at one time. |
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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August 24, 2015, 08:45:31 AM |
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i think is better that way ...maybe the price of bitcoin will stop around 250$ ...is not so good to oscillate from 1000 to 200 ..
The first price is only 10cent come on don't compare it, dont make people scared All bitcoiner keep hold your bitcoin this forum is full of people comparing the bitcoin price now to when it was 2013. for some reason they are too much thinking about the +$1000 peak in 2013. people must look forward and focus on new levels as $300 and $400, and not $1000. |
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MF Doom
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August 24, 2015, 02:26:25 PM |
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If I had the funds, I would rack up as much bitcoins as I could. Bitcoin is still at an infant stage, more and more companies and individuals will be slowly attracted towards the decentralised currency. Which means things can only get better henceforth
I'm not sure how simply being decentralized would be attractive to companies. I think its great that some larger companies like dell and overstock have started to test the waters and take btc, but reading about the losses incurred by overstock, I doubt many more will be jumping to start taking btc, at least any time soon. |
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Mr.jatt
Newbie
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Activity: 31
Merit: 0
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August 24, 2015, 03:53:34 PM |
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The price drop is due to the bitcoin XT drama.
But it is not scaring me and I am currently laughing at those people who are selling their bitcoins at this much low prices.
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TuLines
Newbie
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Activity: 30
Merit: 0
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August 24, 2015, 04:03:55 PM |
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The price drop is due to the bitcoin XT drama.
But it is not scaring me and I am currently laughing at those people who are selling their bitcoins at this much low prices.
You really think these are low prices? You would be sitting really good if you sold every time someone said this. Price of bitcoin at time of post: $503Calling the Bottom
Price of bitcoin at time of post: $260so you cry cuz of the low prices ? good. sell them to me and make rich so i can take a bath in your tears.
etc, etc, etc... |
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