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S4VV4S
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April 07, 2014, 11:21:14 AM |
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The real reason that the price went does down is STUPIDITY!People were panicking and selling coins like idiots. I think you have your answer now  Edit: Fixed that  |
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roslinpl
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Activity: 2212
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April 07, 2014, 11:27:05 AM |
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The real reason that the price went does is STUPIDITY!People were panicking and selling coins like idiots. I think you have your answer now I can agree with that with no problem But this is how it all works over the market .... this is what is making a price lower or higher. People |
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johnytelevision
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April 07, 2014, 11:58:50 AM |
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It fell down so much because of speculation. It will hit normal price at some point and slowly go up from there on.
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FlawlesskKng
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April 07, 2014, 12:01:03 PM |
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The real reason that the price went does is STUPIDITY!People were panicking and selling coins like idiots. I think you have your answer now I can agree with that with no problem But this is how it all works over the market .... this is what is making a price lower or higher. People this, it's pretty obviously stop selling and keep buying! |
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thirdprize
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April 07, 2014, 01:50:26 PM |
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So is this a good time to buy some bitcoins?
Prices for all the main crypto currencies are going down after a December peak. I would say give it another month (or two) and see if they are still going down. That is my plan. Another couple of months falling and they will probably be back where they started. It is the poor saps who brought at $1000 I feel sorry for. |
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cooltoadfrommoon
Copper Member
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April 07, 2014, 09:48:42 PM |
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So is this a good time to buy some bitcoins?
Prices for all the main crypto currencies are going down after a December peak. I would say give it another month (or two) and see if they are still going down. That is my plan. Another couple of months falling and they will probably be back where they started. It is the poor saps who brought at $1000 I feel sorry for. a good time to buy bitcoins is when you need to use them to buy something! |
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benjammin1986
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April 08, 2014, 10:00:43 AM |
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My guess would be - Talks of regulations, fear of government intervention, and investors who just want to cash out.. And don't forget, just like stock market, price is bounded to be manipulated by whales  |
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Light
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April 08, 2014, 10:28:46 AM |
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Why did the value of 1 BTC fall from ~1100 USD in December to ~450 now? I can understand volatility for a couple 100 dollars even, but the value has almost halved. Is this due to the Mt. Gox hacking?
Haha, as if someone can explain the whimsical fancies of humanity. Economics tries hard and the theory works to an extent - but when working with humanity somethings are just completely illogical. I'd say the fall is just fear cramping demand from people simply out there speculating on the price (plus people's expectation that negative news will drop the price so they sell out and hence drop the price - ie self fulfilling prophecy). There is going to be a crapload more volatility before we see anything closely resembling stability. |
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bitsmichel
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April 10, 2014, 10:49:10 PM |
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time to get coins cheap |
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roslinpl
Legendary
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April 10, 2014, 11:01:50 PM |
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time to get coins cheap This is first day from many many many days where I am telling to people: wait one more day before you buy  |
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twiifm
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April 10, 2014, 11:11:42 PM |
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Simple answer: It's a bubble
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bitsmichel
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April 10, 2014, 11:40:54 PM |
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Insert Quote
Simple answer: It's a bubble More detail? Its a technology in the same way like the world-wide-web, its not air that’s being sold here; |
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twiifm
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April 10, 2014, 11:57:34 PM |
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Insert Quote
Simple answer: It's a bubble More detail? Its a technology in the same way like the world-wide-web, its not air that’s being sold here; As a tech its more comparable to torrents than the WWW. Anyways WWW is not a priced commodity so don't make the fallacy of comparison. Just look at the price since thats what you are trading. Its a bubble. I can show you charts of lots of bubbles and they all have a resemblance |
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bitsmichel
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April 11, 2014, 06:06:20 AM |
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Just look at the price since thats what you are trading. Its a bubble. I can show you charts of lots of bubbles and they all have a resemblance
show me |
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LMGTFY
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April 11, 2014, 06:59:33 AM |
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Insert Quote
Simple answer: It's a bubble More detail? Its a technology in the same way like the world-wide-web, its not air that’s being sold here; As a tech its more comparable to torrents than the WWW. Anyways WWW is not a priced commodity so don't make the fallacy of comparison. Just look at the price since thats what you are trading. Its a bubble. I can show you charts of lots of bubbles and they all have a resemblance A resemblance to this? http://bitcoincharts.com/charts/bitstampUSD#tgSza1gWMAzm1g20za2gWMAzm2g1920zl |
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rikkie
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April 11, 2014, 07:20:52 AM |
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I think it went to fast upwards. A correction was needed i think. It will go up again, but nut so fast as the second half of last year. That's what i think.
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Equate
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April 11, 2014, 07:26:41 AM |
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Its all speculation , someone spreads rumour , boom , prices fall .
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2012revisited
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April 11, 2014, 08:21:39 AM |
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It's been one blow after the other: GOX, Silk Road, Silk Road 2, China 1.0, Russia, China 2.0, Blockchain problems etc. etc. But it's still worth more than 10 times what it was worth this time last year
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zolace
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April 11, 2014, 09:39:10 AM |
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Just have some patience,stop selling your bitcoin,buy if you can,i think this is the best thing to do now!
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gridrunner
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April 11, 2014, 02:09:14 PM |
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