nahtnam (OP)
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December 07, 2013, 04:06:36 AM |
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Hey!
I just noticed that the bitcoin price on coinbase dropped to $750 and it looks like its staying there. Do you think that it will go up, down or stay at $750?
EDIT: Edited the title!
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btcton
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December 07, 2013, 04:08:19 AM |
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I think it may go down a bit for now, but it will eventually start going back up. If I had to guess, it will be over $1,000 by the end of the year.
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The signature campaign posters adding useless redundant fluff to their posts to reach their minimum word count are lowering my IQ.
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atrueresistance
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December 07, 2013, 04:08:34 AM |
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I have a feeling it will setting somewhere above 600 for a couple of weeks before it starts to rise again. Watching that red candle is pretty hard for me right now.. I really don't want to sell just yet.
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nahtnam (OP)
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December 07, 2013, 04:13:07 AM |
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I think it may go down a bit for now, but it will eventually start going back up. If I had to guess, it will be over $1,000 by the end of the year.
I have a feeling it will setting somewhere above 600 for a couple of weeks before it starts to rise again. Watching that red candle is pretty hard for me right now.. I really don't want to sell just yet.
Personally I think that its going to go down to around $300 and then at one point (when it gets lots of publicity), it will shoot its way back up to $2000. EDIT: I am guessing that it will be around $2000 1/2 way through next year. |
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DoubleMoo
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December 07, 2013, 04:16:41 AM |
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I agree with both of the posters above me. I think it will fall a little more to like 600 before rising up again.
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mbaratta83
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December 07, 2013, 04:20:41 AM |
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I think it is just a temporary news-based drop (Chinese regulation of BitCoin), kind of like a stock that drops or pops one day based on good or bad news.
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nahtnam (OP)
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December 07, 2013, 04:22:52 AM |
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I think it is just a temporary news-based drop (Chinese regulation of BitCoin), kind of like a stock that drops or pops one day based on good or bad news.
Well I guess it should go back down to $300 since the Chinese were the people who made it go to $1000 in the first place... |
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cowandtea
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December 07, 2013, 04:24:32 AM |
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Just profit taking, it is going to rally soon...
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stephaneffenburg
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December 07, 2013, 04:39:08 AM |
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Good time to buy more coins..
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nahtnam (OP)
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December 07, 2013, 04:45:54 AM |
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Good time to buy more coins..
Maybe, maybe not. It might drop to $100 by tomorrow, it might not. Its all a game of luck!  |
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ldh37
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December 07, 2013, 04:50:32 AM |
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Just profit taking, it is going to rally soon...
Agreed. this happened a few days ago as well. |
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Bitcoin Machine
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December 07, 2013, 04:52:19 AM |
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I think it is just a temporary news-based drop (Chinese regulation of BitCoin), kind of like a stock that drops or pops one day based on good or bad news.
Well I guess it should go back down to $300 since the Chinese were the people who made it go to $1000 in the first place... The Chinese people will continue to buy Bitcoin for long term investments. These speed bumps are generally only temporary for Bitcoin. More and more people are changing their minds about global crypto-currencies and seems to be like the Internet was back in the 1990's. There is huge growing world community who stands by it as a useful holding of financial value for the purpose of long term savings, trading, and global purchasing. |
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PenAndPaper
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December 07, 2013, 04:52:29 AM |
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What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...
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nahtnam (OP)
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December 07, 2013, 04:53:37 AM |
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What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...
Its at $750 right now, but it was expected to happen. |
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gekkomk
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December 07, 2013, 04:57:06 AM |
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Going down to around $200 - $400, then stay there a few weeks, then will be over $1,500.
Same process for the next years. Although it's a betting game.
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DeathAndTaxes
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Gerald Davis
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December 07, 2013, 04:58:18 AM |
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What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...
Bitcoin already had a $32 to $2 decline that was >94% loss from the peak. You really think it will be more than that? Put your buy orders in at $69.70 then (0.06 * $1160). |
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Bitcoin Machine
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December 07, 2013, 04:59:50 AM |
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What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...
Its at $750 right now, but it was expected to happen. It was at $400 1 month ago. $750 sounds pretty good from that perspective.  |
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Pooyan
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December 07, 2013, 05:02:35 AM |
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I'm hoping we're skiing down the mountain now lol. But I think it would be declining more rapidly if it was a real pop.
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Cyberminer
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December 07, 2013, 05:03:12 AM |
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Short term it might drop but to long term I feel it will keep going up. Even if you are buying now I feel that in a year you will still have doubled your money and that is if it's growth slows.
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Bobbydiggital
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December 07, 2013, 05:07:04 AM |
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What do you mean starting to drop. It dropped from 1250 to 650 already... If it goes any lower we are not talking about a drop but about the mother of all crashes...
Bitcoin already had a $32 to $2 decline that was >94% loss from the peak. You really think it will be more than that? Put your buy orders in at $69.70 then (0.06 * $1160). i dont think it will drop to $70 either , not that is impossiblebut i think more and more people see a value into BTC and so at $450 i know alot of people who would see that as a bargin, so its very doubtfull that the BTC can drop 94% again IMHO |
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