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Author Topic: bitcoin to rise or fall  (Read 1139 times)
nkspace (OP)
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April 17, 2013, 09:32:59 AM
 #1

bitcoin to rise or fall?
ewitte
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April 17, 2013, 09:48:57 AM
 #2

IMO the real price right now is 60-80 if it goes over its probably going to fall again.  Too much speculation driving wild fluctuations.  This is why I will mine but not buy anything right now.

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muyuu
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April 17, 2013, 09:51:41 AM
 #3

IMO the real price right now is 60-80 if it goes over its probably going to fall again.  Too much speculation driving wild fluctuations.  This is why I will mine but not buy anything right now.

If you don't mind not making the last dollar, $80 is still cheap.

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ewitte
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April 17, 2013, 09:56:23 AM
 #4

Yes I did say "current" price there is a linear increase hidden under the fluctuations. Especially since most fiat/central banking is dying.

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LaggedOnUser
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April 17, 2013, 10:47:09 AM
 #5

bitcoin to rise or fall?

Your question reminds me of the famous quote by J. P. Morgan.  When asked what the stock market will do, rise or fall, he simply replied, "It will fluctuate."  And so will Bitcoin!
udet4food
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April 17, 2013, 10:53:51 AM
 #6

bitcoin to rise or fall?

I bet for a rise, but very slowly, as new and new merchants start accepting it.
b!z
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April 17, 2013, 10:55:13 AM
 #7

Sell. It's about to crash.
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April 17, 2013, 10:57:40 AM
 #8

doesn´t matter if rise or fall, the important thing is that people start to use it more and more.
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April 17, 2013, 11:00:22 AM
 #9

doesn´t matter if rise or fall, the important thing is that people start to use it more and more.

It's important if you want to make sure your coins don't lose value.
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April 17, 2013, 11:02:34 AM
 #10

rise RiSe RISE  RIIISEEE
StarrManUK
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April 17, 2013, 12:13:03 PM
 #11

 Both...it's just not stable at the moment.
pascal257
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April 17, 2013, 12:16:14 PM
 #12

In the long run it will rise. But I guess in the moment theres too much volatility to make assumptions.
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April 17, 2013, 12:17:42 PM
 #13


It will need its time to get up again.

Don't forget that this hard crash leaves some wounds to heal.



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muyuu
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April 17, 2013, 02:46:25 PM
 #14

Sell. It's about to crash.

Hahah nice try.

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dragonlord333
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April 17, 2013, 02:48:03 PM
 #15

bitcoin will stabilize, and will rise gradually I think (hope) lol
biskup123
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April 17, 2013, 03:53:04 PM
 #16

I think, it will fluctuate violently in the near future as market is driven by speculators at the moment. In longer term it may rise as it gets accepted by more retailers until another currencies kick in, especially Ripple seems to be promising and having decent media coverage. Who knows, what other currencies may appear within a year or two and how popular they may become? It they surprass bitcoin, the demand will fall, so will the price.

Personally, I wouldn't trust Bitcoin that much to convert all my fiat currecy into BTC. The current price is too dependant on mood of the investors and hopes of enthusiasts who seem absolutely convinced that BTC must rise.
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April 17, 2013, 04:15:18 PM
 #17

Who nows what is going to happen, it can easily crash tomorrow to .01 and it can easily be $100K in a year
biskup123
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April 17, 2013, 04:18:26 PM
 #18

I think it will keep going up and down short term and then make a major move upwards to like $500+
What do you base it on? IMHO such beliefs is what drives price up, nothing else.
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April 17, 2013, 04:22:13 PM
 #19

I think it will fluctuate a lot, but slowly rise overall.
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April 17, 2013, 04:31:38 PM
 #20

To rise of course
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