The Current price development

[didjaydisteele]

Hi people,

What's going on? For more than a week of Bitcoin price is only fall on. By now, Bitcoin for 10 € offered on Bitmarket.eu already.
Why is this happening? I mean the Mt Gox hack but is now a long time ago, but the course was in between I think also on the rise again shortly.
What do you think, how long will that still go on?

[1715434522]

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[LiteCoinGuy]

people adopt BTC. so price goes up. dont worry, price will go down some day...its a rollercoaster. do you like rollercoasters?


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

[didjaydisteele]

Hopefully, in a couple of years the price will go down.

[LiteCoinGuy]

yeah...maybe it crashes to 4362 USD 

[MaxBTC1]

Hopefully, in a couple of years the price will go down.

I'd rather it went down now than in a few years time.  Buying in is still 'cheap', but it could be at $1k+ in a few years.

[Vandroiy]

I like where it is going . Maybe a small crash would be nice for some more investments.

That is why this can't end in just a simple crash. The rally-to-mars opinion no longer fades that quickly.

No matter where a realistic target price is, the current mood will overshoot it, if it hasn't already. I doubt this can be corrected by just a short-term crash. In other words: I can't tell where the mid-term peak will be, there may be plenty of profit until it's reached, but I expect things to get ugly once it's behind us.

[didjaydisteele]

Hopefully, in a couple of years the price will go down.

I'd rather it went down now than in a few years time.  Buying in is still 'cheap', but it could be at $1k+ in a few years.

Yeah! You can't control time. That's why there's 24 hours.

[dominicwin]

It could be at 1k tomorrow or in a few hours. No one knows.

[xephireusMMX]

Hopefully, in a couple of years the price will go down.

I would preffer the price go down a bit now. I hope correction comes, I have ready some EUR at bitstamp just in case

[didjaydisteele]

Hopefully, in a couple of years the price will go down.

I would preffer the price go down a bit now. I hope correction comes, I have ready some EUR at bitstamp just in case

Like I said. You can't control time. There is no way to do it. You'll just have to wait until they do lower the price.