Is it the end of BTC???

[alexmarkley]

I was really glad to see such a relatively gentle correction to ~$500. The price was going up so fast yesterday it seemed like the market was setting up for a crash.

[mootinator]

I was really glad to see such a relatively gentle correction to ~$500. The price was going up so fast yesterday it seemed like the market was setting up for a crash.

I really wouldn't be surprised if we saw yet another rally to a new all time high/correction before the end of the year.

[pabloangello]

It's not the end, for many many many MAAAAANY people on the world it is just the beginning..

[alexmarkley]

I was really glad to see such a relatively gentle correction to ~$500. The price was going up so fast yesterday it seemed like the market was setting up for a crash.

I really wouldn't be surprised if we saw yet another rally to a new all time high/correction before the end of the year.

I'm not an economist by any means, but I agree with you. It seems like the natural growing pains of a maturing economy.

[deisik]

No, even BTC 1 = USD 10 is perfectly fine for Bitcoin to work as a currency.

Definitely not, such volatility isn't good for any currency and still less for a wannabe...

[LiteCoinGuy]

It's not the end, for many many many MAAAAANY people on the world it is just the beginning..

many.

[donbu7]

Is going down again I am afraid that this time will be the end of BTC and we will all lose our money investe on it.......

[pabloangello]

Is going down again I am afraid that this time will be the end of BTC and we will all lose our money investe on it.......

But on what you based your assumptions?

[wachtwoord]

http://www.youtube.com/watch?v=__VQX2Xn7tI

[pabloangello]

http://www.youtube.com/watch?v=__VQX2Xn7tI

We share same opinion 

[donbu7]

Is going down again I am afraid that this time will be the end of BTC and we will all lose our money investe on it.......

But on what you based your assumptions?

In the price is down to $770

[pabloangello]

Is going down again I am afraid that this time will be the end of BTC and we will all lose our money investe on it.......

But on what you based your assumptions?

In the price is down to $770

Wow that is really huge analysis.. So sell all your bitcoins.

[Fila Ford]

I really hope this isnt the end!  im just getting started! lmbo 

now i just have to convince my husband to buy me a bitcoin for christmas teehee

[pabloangello]

I really hope this isnt the end!  im just getting started! lmbo 

now i just have to convince my husband to buy me a bitcoin for christmas teehee

It will be the end when we will have no electricity on the globe.

[deisik]

Is going down again I am afraid that this time will be the end of BTC and we will all lose our money investe on it.......

But on what you based your assumptions?

It is called gut feeling... Instincts are usually fine when you cross the road, but as a rule they do a poor job in helping you to trade profitably. Market knows your instincts much better that you could think it should and even better than you could think you would...

[pabloangello]

Is going down again I am afraid that this time will be the end of BTC and we will all lose our money investe on it.......

But on what you based your assumptions?

It is called gut feeling... Instincts are usually fine when you cross the road, but as a rule they do a poor job in helping you to trade profitably. Market knows your instincts much better that you could think it should and even better than you could think you would...

Feelings in trading is useless. You have to see things in the long run.

[LiteCoinGuy]

price of bitcoin is like a rollercoaster - up and DOWN. step out if you dont like that.

[horvathgeza]

I think now there was a rapid rise due to a too many new ASIC  miner, but in the long run  if a difficulty is rise will definitely return into the $ 100-level .

[deisik]

I think now there was a rapid rise due to a too many new ASIC  miner, but in the long run  if a difficulty is rise will definitely return into the $ 100-level .

Common sense would suggest quite the contrary (i.e. less supply would cause higher price). Recently there was much debate over here about whether newly minted mined coins and difficulty rising affect Bitcoin price somehow. No definite answer as of yet, but many (me included) think that the price is affected far more by speculation and the introduction of new users to Bitcoin than by hashrate and difficulty...

[Lewis2]

Partly agree, but what about the threat of altcoins and the mental barrier of being able to purchase so little Bitcoin for your dollar? I think this is the biggest barrier for becoming mainstream, making it harder for BTc (or any altcoin) to succeed.