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Bitcoin Forum > Economy > Economics > Speculation > Price down to $800 : Time to Buy!
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BittBurger (OP)
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December 01, 2013, 08:21:27 PM
 #1
Alert alert!  Smiley
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beetcoin
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December 01, 2013, 08:22:45 PM
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i might buy some coin if it hits 600.. i think that's the lowest it will go though.
Novageuse
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December 01, 2013, 08:23:53 PM
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Wondering if I should buy some more now...
BittBurger (OP)
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December 01, 2013, 08:24:35 PM
 #4
Bitcoin does NOT drop for long.  

It has been dropping in the last 20 minutes and it seems (for now) to have stopped at $806 on Coinbase.

It was dropping by the minute prior.  
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BittBurger (OP)
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December 01, 2013, 08:31:41 PM
 #5
And up we go!
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XBBlade
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December 01, 2013, 08:37:24 PM
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 Lips sealed Speculating, but I wait a bit more ^^

Is there a certain reason for this big drop? Or just a lot of people selling and making big bucks?
windjc
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December 02, 2013, 12:24:45 AM
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Quote from: XBBlade on December 01, 2013, 08:37:24 PM
Lips sealed Speculating, but I wait a bit more ^^

Is there a certain reason for this big drop? Or just a lot of people selling and making big bucks?

We were over bought. Bitcoin has been doing this since it was first introduced to an exchange. That doesn't mean we aren't going lower before we go higher though.
bitleif
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December 02, 2013, 12:31:40 AM
 #8
I would have bought at $860, but Gox wouldn't even let me in... (yes I'm using Gox...)
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