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Author Topic: Will bitcoin drop to $40 dollars again soon?  (Read 2131 times)
jimg613
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March 24, 2013, 01:24:56 AM
 #1

I am hoping that the bitcoin Curren$Y will be dropping around $40 bucks again so i can buy it while it low cause i except it to get to around 100 Dollars USD of course sometime next month.
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Mike Christ
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March 24, 2013, 01:27:22 AM
 #2

"Very doubtful."

http://www.ask8ball.net/

jimg613
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March 24, 2013, 01:30:45 AM
 #3

that not what i wanted to hear but ya it probably the truth i hope that it even gets down to $50 bucks so i can buy in
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March 24, 2013, 02:02:36 AM
 #4

"My sources say no" - http://www.ask8ball.net/

Buy in now. It will eventually get to $200. When? I don't know. But it will.

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blackknight
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March 24, 2013, 02:04:30 AM
 #5

Some days have wild fluctuations.  The only guarantee is that it will both go up and down.

Today's low was $54.3456.  I suggest placing an order at a price you willing to pay and letting it sit there for a while.
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March 24, 2013, 02:06:02 AM
 #6

jimg613
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March 24, 2013, 02:35:32 AM
 #7

ya i am going to place an order to buy just got to wait to be verified by dwolla thanks for the discussion guys.





 

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March 24, 2013, 02:57:54 AM
 #8

Cyprus was a TEST!!!


They took 10% out of everyone's bank account for the bailout!(BASICALLY THEFT! )
 bitcoin soaaard!!

They are coming for Spain , Argentina , Italy not just Cyprus!! god knows whos next  ... look at the downloads for bitcoin clients in those regions!!


The more the bankers and the governments and .... for the purpose of this conversation lets call them "they".



They more "they" screw us the more btc rises!! I dunno if you have been keeping up with the news world wide but??


What the F*** you think is about to happen??? Ask yourself if you suddenly have become familiar and intimate with these words-----> "osterity measures, sequester, bailout!!! now ask youreself when was the last time you heard these words in a good light.. ------>>>> Federal Reserve, European Central Bank, Bank of England!!!

 and now you know why we are all here and why it wont go below $40.








 

 


 



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jimg613
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March 24, 2013, 03:01:29 AM
 #9

amen to that ya i watch CNBC all day ik what going on with the business sector with cyprus .
faisalp
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March 24, 2013, 03:10:49 AM
 #10

The price is very volatile...it could go as low as that, but not for longer than a minute, or even a few seconds.  Put the bid in and wait...maybe one morning you'll wake up to a nice surprise.
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March 24, 2013, 03:13:46 AM
 #11

ya your right about that put it in for $50 even wouldn't mind that watch it and smile when it gets to $100 this summer
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March 24, 2013, 03:29:01 AM
 #12

No it will not, it is sure to rise to $100+ by the end of the month. Buy quickly Smiley
Amitabh S
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March 24, 2013, 04:56:44 AM
 #13

it it drops to $1 or 2, it will be even better. I missed the boat and wanna buy lots of coins.

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drawingthesun
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March 24, 2013, 06:22:21 AM
 #14

it it drops to $1 or 2, it will be even better. I missed the boat and wanna buy lots of coins.

If it drops to $1 it probably means don't buy because the only reason it would drop that low is that Bitcoin has been fundamentally broken or a sustained 51% attack has been effective.

Notice how the price dropped to $52-$53 for just a few minutes (from over $60). People might panic sell if the price falls but if it falls enough lots of people will buy the coins and the price corrects.

Its highly unlikely the price would drop more than 30% because the drops are because of weak hands and not because of fundamental problems with Bitcoin. Almost every strong hand will buy hard if the value drops even 20% so you would have to ask why the price is at $1. If the price is at $1 then your the only strong hand left and why is that?

It could be every Bitcoin user got scared for no reason, but that's unlikely.
hiltonizer
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March 24, 2013, 06:23:54 AM
 #15

now that coinbase is operational again, and ACH's take 4~ days, expect a nice spike to 90 this week.

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March 24, 2013, 09:20:35 AM
 #16

Wait for another exploit at a BTC bank and the price will drop or Eurozone crisis for a spike - black or round, faites vos jeux...
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March 24, 2013, 09:27:08 AM
 #17

Short term fluctuations of this currency are irrelevant given its long term prospects, in my opinion. Buy and hold.
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March 24, 2013, 10:32:56 AM
 #18

I bought a couple when they were 10 EUR, yesterday I bought a few more at 52 EUR, I think prices will keep rising, so I say don't wait for the price to fall because it won't, or you won't be there in time to buy low before the price rises again. Just by a few ASAP, but never spend more than you can afford to lose, because it can rise to great eights or plummet... no-one knows for sure Smiley

PS if anyone can spare a few Ripple XRP to unlock me (300 needed), that would be great: rtTqbAdFqCypgJDPP1ximr4tBRaNJ3Lk5
I promise to give them back when I'm unlocked.
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March 24, 2013, 11:44:17 AM
 #19

Some people are ignorant, this does not make Bitcoin vulnerable. In this specific case someone has no concept of asymmetric properties of hashing functions. They deserve to stay away from Bitcoin for a few years.

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shep80
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March 24, 2013, 12:20:21 PM
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I think the exchange rates will continue to be highly volatile. Along with that there may be some ebb and flow in folks interested in mining, especially as new hardware comes into production...
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