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Author Topic: Bitcoin ups and downs  (Read 671 times)
cventura (OP)
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January 07, 2014, 11:08:35 PM
 #1

     How low do you guys speculate the price of btc will drop before reaching something relatively stable? Will it never stop? All this negative attention towards the crypto currency is the reason for the panic selling more specifically, ( http://www.coindesk.com/chinas-ebay-bans-bitcoins-and-mining-gear/ ) and ( http://www.coindesk.com/german-central-bank-official-issues-another-bitcoin-warning/ ). All i wish is that everyone could see the potential and have some faith, also a little more good publicity would be nice too.  Grin
hilariousandco
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January 08, 2014, 11:47:58 AM
 #2

     How low do you guys speculate the price of btc will drop before reaching something relatively stable? Will it never stop? All this negative attention towards the crypto currency is the reason for the panic selling more specifically, ( http://www.coindesk.com/chinas-ebay-bans-bitcoins-and-mining-gear/ ) and ( http://www.coindesk.com/german-central-bank-official-issues-another-bitcoin-warning/ ). All i wish is that everyone could see the potential and have some faith, also a little more good publicity would be nice too.  Grin

People are fickle and stupid, hence why they Panic sell. It doesn't matter in the grand scheme of things, but these fools wont listen.

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Andy2009
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January 08, 2014, 02:46:40 PM
 #3

The past 24h has been a roller-coaster at the exchange market, at least the one where I usually buy/sell bitcoins. I'm trying to see/learn pattern to start day-trading Smiley I try to keep track here as well http://bitcoincharts.com/markets/
moriartypants
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January 08, 2014, 02:58:38 PM
 #4

I have tried to get into trading.  So far I'm not really making money but haven't lost too much.

If I someday figure out how to do it right, how much money can someone expect to make from day trading? I mean, what's reasonable % for some guy working from his computer?

Is it impossible without complicated algorithms and insider info? 

21st century Gordon Gecko I am not.
BlockChainLottery
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January 08, 2014, 03:00:24 PM
 #5

The range will become lower if enough people gonna start using it. Especially when the part of using it for storing and paying becomes significantly larger than the speculating part. But we're not even close to that, it's still "the early days".

rafholly
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January 08, 2014, 04:47:53 PM
 #6

i don't like speculate  Angry
hope4me
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January 08, 2014, 04:58:43 PM
 #7

     How low do you guys speculate the price of btc will drop before reaching something relatively stable? Will it never stop? All this negative attention towards the crypto currency is the reason for the panic selling

I doubt Bitcoin price can be stable now because I still waiting what happens with China at the end of this month.
jimmyjimmy
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January 08, 2014, 09:25:05 PM
 #8

Yep ! Welcome to FOREX.
All currencies move.
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