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Bitcoi2n2n
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January 25, 2014, 10:51:49 PM
 #1

So we are stuck at 600€ for weeks now. Will it rise again?
I really wanna see some further increase.
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January 25, 2014, 11:03:28 PM
 #2

So we are stuck at 600€ for weeks now. Will it rise again?
I really wanna see some further increase.

increase in EUR/BTC or increase in BTC/EUR?

pretty sure, we will see one of them increasing, at least for a short time.
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January 25, 2014, 11:08:27 PM
 #3

yeah, but what's the hurry. Smiley

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January 25, 2014, 11:09:58 PM
 #4

There've been periods of months where it floated around the same value. That may well happen again. Any eventual rise will most definitely be worth the wait.
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January 26, 2014, 12:52:41 AM
 #5

Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.


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January 26, 2014, 01:55:45 AM
 #6

It will only increase in USD, not Euro, sorry




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January 26, 2014, 02:56:06 AM
 #7

Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.

The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.
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January 26, 2014, 03:01:03 AM
 #8

Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.

The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Yep, 3600+ BTC/day are being brought into existence at the moment.  Stable price is a rallying market cap.  Currently, the bitcoin supply is inflating over 10% on an annual basis.

https://www.bitcoin.org/bitcoin.pdf
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January 26, 2014, 04:15:57 AM
 #9

The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Miners are mostly hodlers.. even worse than the bubble noobs. If things keep up like this the market might get a major miner hoarding crash like in 2011.


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BE A HOPE
FOR A LIVABLE WORLD
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January 26, 2014, 04:18:09 AM
 #10

So we are stuck at 600€ for weeks now. Will it rise again?
I really wanna see some further increase.

I would expect that it will go up, but not before it dips as the Chinese New Year news continues to cause uncertainty. There has been a load of positive media for Bitcoin recently, but the Chinese news had kind of suppressed it.
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January 26, 2014, 04:25:42 AM
 #11

The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.

Miners are mostly hodlers.. even worse than the bubble noobs. If things keep up like this the market might get a major miner hoarding crash like in 2011.

2011 happened so fast that nobody had time to sell on the way up.  Look at a log chart, the percent growth per day was insane and makes recent growth look mild.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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