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Author Topic: Bitcoin down big time...down $200 in a few hours  (Read 2986 times)
elove123
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December 17, 2013, 03:31:48 AM
 #41

Don't sweat the swings.
It's going to happen throughout Bitcoin's life.  Just hold and be happy to be a part of it all.

I guess in my limited vocabulary this is what I am saying.

Don't focus on the markets move so wildly, this is expected. Focus rather on getting more people to understand the benefits.
bitbridgett
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December 17, 2013, 03:33:55 AM
 #42

does facebook accept bitcoin?

pand70
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December 17, 2013, 05:21:46 AM
 #43

does facebook accept bitcoin?

No but you 'll notice if it does because then the price will skyrocket to 1000000$

BitCoinMiner01
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December 17, 2013, 06:22:21 AM
 #44

Don't expect the sell pressure to be as forceful as it has been in the past.  Bitcoin is just getting started.  Lots of buy support building.

If you look at the log(price) you'll see that the 2011 crash ($0.06 -> $32 -> $2) was by far, the largest in magnitude.
jeremy70
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December 17, 2013, 08:22:00 AM
 #45

Hello all .My name is Jeremy and i am also new here and it is nice to be part of this forum.
Onews1990
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December 17, 2013, 03:52:22 PM
 #46

Don't worry. It'll be back up to its normal price range. And of course, it will then go down again. It's a vicious cycle or at least I think so.
Lone Wolf
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December 18, 2013, 10:52:54 AM
 #47

It is Christmas soon and also a good time for a break. Hopefully the price will have recovered after the holidays. I would recommend to buy at $600 if that ever happens, but it should still be profitable to buy now, especially in the long term.

hey raspcoin, remember me?  still think i should "accept defeat" from the last time you referenced me on dec. 10th when i posted that the btc bubble was imploding?  btc was around $900 then.
aquarius12
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December 18, 2013, 10:56:49 AM
 #48

it now have the price $440 for a BTC. I will buy few BTC if the price go down to $200
c933103
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December 18, 2013, 11:00:33 AM
 #49

Currently, BTC China's price for BTC is 2075CNY each...that mean 341USD...so it seem still long way to be stabilized
Lone Wolf
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December 18, 2013, 11:05:00 AM
 #50

see these 2 charts.  i think we are in the fear phase.  still a ways to go until capitulation and the "point of maximum financial opportunity."  until then trying to pick the bottom is like trying to catch a falling knife.  but draw your own conclusion.

https://twitter.com/YachtsOnTheReg/status/413262813226737664/photo/1

https://twitter.com/YachtsOnTheReg/status/410326529634103296/photo/1
Shaggy2013
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December 18, 2013, 11:05:56 AM
 #51

WOLF WOLF WOLF

LOL

BTC does not need no stinking banks or countries.....
iPaulito
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December 18, 2013, 11:10:22 AM
 #52

luckily i bought puts at 1000
Where could you bought options on BTC?
jonanon
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December 18, 2013, 11:21:38 AM
 #53

In my opinion people should stop worrying about government attitude to Bitcoin, it was created to get away from Government control so the true believers in Bitcoin - such as myself - have little concern for the volatility. There is only one long term direction and that is up, only time will tell by how much.
Ovy112
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December 18, 2013, 01:31:23 PM
 #54

It will go back on track (UP) in a few days.Until then ,wait and let the chinese folks who got a few coins back in the day sell their stock.
OleOle
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December 18, 2013, 01:32:14 PM
 #55

It's great to see it go down Cheesy

BlueMonkey
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December 18, 2013, 03:06:51 PM
 #56

It's great to see it go down Cheesy
Time to buy and collect btc  Cheesy
htspringer
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December 18, 2013, 03:17:32 PM
 #57

I find it laughable that naysayers think bitcoin is a failure because it is not embraced by governments.  Those who panic and sell because of statements by bureaucrats in ivory towers are only in it for the short term to make a quick buck.  All this sell-off is doing is strengthening the base of bitcoin owners.  Now is an excellent time to buy.
ClockCat
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December 18, 2013, 03:27:00 PM
 #58

All the people in a panic will be opportunity. I wouldn't worry too much. It'll recover itself. Smiley
elove123
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December 19, 2013, 01:10:56 AM
 #59

Just like the US stocks in 08, buy buy... more for me.!  Grin
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