BITCOIN going up or down

[JarvisTechnology]

Stop ovethinking the price fluctuations, it's just a matter of time until the price picks up pace again.
Bitcoin should be considered a long term investment, and not be dumped on first shakedown that happens. Be smarter than that.

cheers

Ups and down are the part of bussiness 
It depends on how much electricity and computing power it takes to mine them....
The cost to mine bitcoins is based on how much they are worth. If bitcoins go up in value, more people will mine (because mining is profitable), thus difficulty will go up, thus the cost of mining will go up.   

Soo Cheersss...

[1715657422]

1715657422

[1715657422]

1715657422

[arallmuus]

Ups and down are the part of bussiness 
It depends on how much electricity and computing power it takes to mine them

You have much to learn about this sad truth. No it is not depends on the miners solely but the truth is that it depends on the traders that manipulated the price. Miners dumping their mined coin have less effect to the price as it has been going on for quite some time and people barely noticed the effect of it.

thus the cost of mining will go up.   

You should note that there will be no one that mine BTC anymore if mining isnt profittable for them and it is quite delusional to say that once cost of mining will increase then the price will increase as well .
Manipulation will still be there to manipulate wether the price will go up or down even if the cost of mining > BTC price and the fact that people think that if miners stop dumping their mined coins then the price will increase then it is a delusion BTC.

There are about 144 blocks daily which is 144 x 25 = 3600 BTC daily to add to the total supply in circulation and not every single BTC mined will be dump to the market instantly. Which means that this conclude my statement that miners isnt the major factor to consider if you are looking for a reason of the price decline

[mayflor2]

Bitcoin hit 10$ once? WOW. I did not know that, must be weird for people who really bought a lot of it. And the ones who gave up that time, are probably crying the f out now. What was bitcoin's $ price when it initially came out?

A big, fat zero. In 2010 someone on here tried to sell 10,000 coins. He couldn't get $50 for them.

I'm sure lots of people blew it with BTC. It would've been easy to believe it was going to die or go nowhere in the early days. Hindsight makes everyone a hero. It's not so simple when you're up to your ears in it.

I guess a lot of people who held on are potential success stories, except, hardly few tried to hold on, right?
That is exactly the hope which keeps mostly all btc owners to hold on, that someday their investment will boost similarly. With the recent move of cameroon government using centralised crypto currency, I feel a bit hesitant to make hasty moves.

[Miracal]

the price of the bitcoin now is $ 244 i think still stable on that rate for this month,if going up maybe on rate $244 till $ 250, so hard for bitcoin going up or down with fast right now

Last few days bitcoin isn't stable, the price goes up and down, maybe in the beginning of the next month maybe will increase a bit.

the price of the bitcoin now is $ 244 i think still stable on that rate for this month,if going up maybe on rate $244 till $ 250, so hard for bitcoin going up or down with fast right now

Last few days bitcoin isn't stable, the price goes up and down, maybe in the beginning of the next month maybe will increase a bit.

the price of the bitcoin now is $ 244 i think still stable on that rate for this month,if going up maybe on rate $244 till $ 250, so hard for bitcoin going up or down with fast right now

Last few days bitcoin isn't stable, the price goes up and down, maybe in the beginning of the next month maybe will increase a bit.

I think the price will tend to fluctuate for a couple months and then stabilise soon...
It is normal, it displays inconsistency but use.

[pigzone]

I think that the price will stay around where it usually is.

[oniromancia]

The prices for commodity options are flailing across the board, and btc is not immune. Money is going into stocks, not the btc economy (or metals, oil etc.), and as long as that stays the case, btc will slide gently and will test the mid 100s, if not lower.

If something funny happens with the usd, btc will benefit and massively rise. The days of btc being pumped when there is an announcement of a new merchant or a news coverage of the new atm launched are over. We have the investor class acknowledged about btc, and they don't think it's wise to move into the present environment.

[photon_coin]

over the long term btc should go up -- unless the new btc xt idea is carried out -- if that happens it will dive & we will have two different versions of bitcoin.

[LiteCoinGuy]

it will go up & down - crazy shit 

https://www.youtube.com/watch?v=O0oDDIy0P2s

basicly cryptocoin made for P& D 

yeah, like Stocks or Gold too.... 

[Eastwind]

the price of the bitcoin now is $ 244 i think still stable on that rate for this month,if going up maybe on rate $244 till $ 250, so hard for bitcoin going up or down with fast right now

Last few days bitcoin isn't stable, the price goes up and down, maybe in the beginning of the next month maybe will increase a bit.

If you have been here for long enough, you wouldn't say that 20-30 dollars up or down aren't stable. If you get depression over those bounces, then this is not for you. Strong men survive a loss of 80% and hold through it to meet its long term goal vision, if your mentality can't cope with that you'll get burned.

I think the price is very stable recently.

[shogdite]

It goes both ways everyday. This is a trick question isn't it?

[BitcoinNewbie15]

Bitcoin hasn't been doing good so far this past year, but these past days have been well for Bitcoin. No one really knows if the price is going to drop or go up. A $200 drop would be very drastic. Who knows if this can happen or not, but hopefully the rest of 2015 will be good for Bitcoin.

[Mehek]

The bitcoin now seems to really go up and with this sudden misfortune of Greece economy collapse, they have observed 79% increases in bitcoin purchases in Greece alone, 40% in china. This shows how a decentralised currency is always helpful and how fiat currency is total piece of unreliable shit.

[ThEmporium]

I was worried the same you are, but after few research I came to an conclusion that Bitcoin value indeed raising up, as sneaking into current currency situation it is just a matter of weekly days due to fluctuation, and I keep my finger crossed always that Bitcoin currency will rebound again to our expectations at earliest.

[shogdite]

Bitcoins seems to be going back up. I'll buy more today and continue to buy some all the way up.

[pigzone]

We're at the tipping point of BTC
and I think that BTC will eventually drop down

[pigzone]

This is the tipping point for BTC I think it will eventually drop

[needFREElunch]

yes of course BitCoin prices keep fluctuating but i think its a long term investment and we must have faith in it. the prices shall rise in the long run.

[stallion]

I will be very honest. Bitcoin will maybe go down, yes it will. Not much though, just a little but it will boom up with twice the speed. Fluctuations are a part of the investment and you need to stay strong, confident and really positive. I have a feeling that btc might just hit 400-450 in mid 2016.

Yes, bitcoin will go up and down for quite some time until it stabilizes at the year end. Then it might fluctuate even more, but rise higher. Such fluctuations keep happening and price keeps rising as adoption takes place resulting in large price level and distributed adoption!

[pigzone]

BTC is at the tipping point
I think its going to eventually drop. 

[Rmcdermott927]

I think we will break 250 in the next week and 300 in the next month.    But really, who wants to say that something they have money invested in is going to go to hell?

Bumping this thread just to say I called it!