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Cryptogirl82 (OP)
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June 12, 2014, 10:08:30 AM |
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So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??
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turvarya
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June 12, 2014, 10:12:03 AM |
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Did I miss a price drop?
It is still up compared to the price 2 weeks ago.
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Mister S
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June 12, 2014, 10:16:02 AM |
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There was a bubble? When? As far as I'm concerned, this is just the price stabilizing after several panic sells.
60 usd swing downward is nothing. Worry if it dips below 400 again.
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DubFX
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June 12, 2014, 10:20:29 AM |
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Did I miss a price drop?
It is still up compared to the price 2 weeks ago.
Well it went down about 30$ oposited to last days but that isn't mutch i think. |
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ljudotina
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June 12, 2014, 10:21:38 AM |
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From 650 to 615 is calm freaking water for bitcoin...
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Mowcore
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June 12, 2014, 10:23:02 AM |
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My £15 worth of BTC I bought the other day is now worth £13-£14.
RABBLE RABBLE RABBLE RABBLE RABBLE.
ha
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✰Humble Weekly Bundle.✰Pay What You Want. Redeem on Steam. Support charity. Pay with BTCitcoin now!✰--> Paypal 
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Malin Keshar
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June 12, 2014, 10:23:30 AM |
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Yes, a 30 dollars fall after a 50% rise means the bubble is bursting  This is called consolidation, after a big rise there is always a small correction like this, then a new stable(for bitcoin pattern) price. Well, some might say that $30 variation is price is "stable" for bitcoin patterns, and I wouldn't disagree. small hint: in the speculation sub forum you'll find many discussions about bitcoin price and if we are on a bubble or in the way to moon |
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Cryptogirl82 (OP)
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June 12, 2014, 10:39:44 AM |
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ok lets see what will happen over the weekend? maybe below 600 or above 700?
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BitCoinDream
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The revolution will be digital
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June 12, 2014, 10:48:59 AM |
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ok lets see what will happen over the weekend? maybe below 600 or above 700?
Yes ...the bubble has burst. Boom ...Boom ...Boooooooooooooom. Immediately sell all your bitcoin holding before it gets to ZERO. p.s. I wonder when this people will STFU ? |
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Scott J
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June 12, 2014, 10:50:35 AM |
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As others have said, this is stable for Bitcoin!
Looks like it is about to make another move up, anyway.
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ljudotina
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June 12, 2014, 10:50:45 AM |
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ok lets see what will happen over the weekend? maybe below 600 or above 700?
Yes ...the bubble has burst. Boom ...Boom ...Boooooooooooooom. Immediately sell all your bitcoin holding before it gets to ZERO. p.s. I wonder when this people will STFU ? They wont. There are always new ppl around that never expirienced MtGox or any other scenario before it, and there are always troll and FUD spreaders. |
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petersiddle98
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June 12, 2014, 11:04:37 AM |
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It won't burst until it hit $1200, its just correction right now...
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brody
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June 12, 2014, 11:12:09 AM |
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consolidation by month and up up up  |
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blatchcorn
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June 12, 2014, 11:21:02 AM |
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Currencies fluctuate on a daily basis. Next time the dollar drops slightly will you be making a post about the dollar bubble bursting?
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Beymond
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June 12, 2014, 11:21:43 AM |
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It won't burst until it hit $1200, its just correction right now...
The last high of bitcoin price are $1250 + I don think it will burst before reaching the double of $1250 . |
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cinnamon_carter
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It's about time -- All merrit accepted !!!
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June 12, 2014, 11:26:31 AM |
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I would not fixate on the day to day or even month to month price.
In the long run it means little unless you are running some expensive mining rigs or or running a bitcoin based business.
And $10,000 ?
Slow down. Not so fast.
Actually I wrote an article quite a while ago as to why over a long time frame the price of bitcoin should rise to very high prices eventually to infinity of current world currencies.
In the shorter term however there will be many price up's and downs which investment people sometimes call 'noise'.
You may need to wait several decades or longer for bitcoin to reach $10,000 each --- eventually it will certainly be reached and beyond......
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Check out my coin Photon Merge Mine 5 other Blake 256 coins - 6x your hash power https://www.blakecoin.org/The obvious choice is not always the best choice. LOOK DEEPER - Look into the Blake 256 Family -- CC |
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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June 12, 2014, 11:50:45 AM |
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bitcoin price is still finding a right value after that 1200$/btc bubble, it may take some time to settle down, but the apsolute floor is about 400$ judging by the market data.
after next halving, there will be much more action, as supply will decrease 50%+all btc that gets lost everyday..
for investers, btc is still a good choice coz its giving almost safe 50% increase in 2 years.
alot of ppl that want a quicker rise, on the other hand will flee to ltc, for sole reason that it has much more chance of rising in x folds.
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JustBetweenUs
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bitcoin is not a bubble, it is the pin
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June 12, 2014, 11:51:29 AM |
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Yes!!!! Bubble is bursting!!! EVERYBODY SODL!!! |
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Parazyd
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June 12, 2014, 11:53:05 AM |
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We're still around the 3-month ATH, why do you think it's falling apart?
10k by 2015 is going to happen.
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Beymond
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June 12, 2014, 11:54:24 AM |
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bitcoin price is still finding a right value after that 1200$/btc bubble, it may take some time to settle down, but the apsolute floor is about 400$ judging by the market data.
after next halving, there will be much more action, as supply will decrease 50%+all btc that gets lost everyday..
for investers, btc is still a good choice coz its giving almost safe 50% increase in 2 years.
alot of ppl that want a quicker rise, on the other hand will flee to ltc, for sole reason that it has much more chance of rising in x folds.
Bitcoin stay at $400 for some times it mean thats the lower amount it can go by and in a week it raise to $630 . Lets see how long it will stay at the price now . |
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Cryptogirl82 (OP)
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June 12, 2014, 12:31:24 PM |
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so are we going to se 10k by 2015 or not?
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ljudotina
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June 12, 2014, 12:34:59 PM |
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so are we going to se 10k by 2015 or not?
Maybe 2016. Wouldnt put it "by 2015", that's only 6 months from now. I think that main event will be in 2 years when halfing will occure. Price going up before as everyone horde, and mad swings after... |
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Jomppe
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June 12, 2014, 12:48:26 PM |
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so are we going to se 10k by 2015 or not?
I do not think we will see 10 k price this year but the highest price of the year is 7000 USD. Next year it will be much more over 10 k. |
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okthen
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June 12, 2014, 01:40:59 PM |
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so are we going to se 10k by 2015 or not?
I do not think we will see 10 k price this year but the highest price of the year is 7000 USD. Next year it will be much more over 10 k. Wise talking. Unless ebay starts accepting btc like right now and everyone goes crazy, in that case we might reach 10000 still this year. |
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Kimowa
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June 12, 2014, 01:45:17 PM |
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It just drop 20$ and people are worry about bubble. What if it drop to 100$  |
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okthen
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June 12, 2014, 01:53:26 PM |
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It just drop 20$ and people are worry about bubble. What if it drop to 100$ That's because this forum is full of bulls  It won't drop to 100. And I wouldn't call it "worrying" about the bubble |
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ThatDGuy
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June 12, 2014, 02:06:28 PM |
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so are we going to se 10k by 2015 or not?
I do not think we will see 10 k price this year but the highest price of the year is 7000 USD. Next year it will be much more over 10 k. I'm thinking this is closer to accurate than 10k in decades, for sure. 3-6k this year would be unsurprising and exploring the 5-digit realm in 2015 |
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10c
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BuyAnyLight - Blockchain LED Marketplace
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June 12, 2014, 02:11:34 PM |
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$20-30 seems like a steep drop if you're not used to BTC
probably not used to 1000$ increase either
10% drop is still stable imo
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segeln
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June 12, 2014, 03:50:28 PM |
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It just drop 20$ and people are worry about bubble. What if it drop to 100$ That's because this forum is full of bulls no,but full of Cowards,weak hands |
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JimboToronto
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You're never too old to think young.
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June 12, 2014, 03:54:20 PM |
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It just drop 20$ and people are worry about bubble. What if it drop to 100$ That's because this forum is full of bulls no,but full of Cowards,weak hands aka bears  |
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segeln
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June 12, 2014, 04:12:31 PM |
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It just drop 20$ and people are worry about bubble. What if it drop to 100$ That's because this forum is full of bulls no,but full of Cowards,weak hands aka bears yeah,I love to be pessimistic since things I am frightened by never occur |
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anu
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June 12, 2014, 04:13:27 PM |
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After the bearish news of today (Expedia accepts Bitcoin payment), a crash is to be expected.
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RodeoX
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The revolution will be monetized!
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June 12, 2014, 04:17:46 PM |
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Maybe China is triple banning bitcoin!!!  |
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GigaCoin
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Giga
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June 12, 2014, 05:25:18 PM |
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From 650 to 615 is calm freaking water for bitcoin...
exactly.. |
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serenitys
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Be Here Now
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June 12, 2014, 08:14:20 PM |
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It just dropped to 596...and hovering at 599...
Interesting to see it at work though. Not scared. Not panic selling.
Will still buy next week whatever the price is
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You say "anti government" like that's a bad thing...
Unfortunate times will bring out the best in good people and the worst in bad people
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jarrodaxia
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June 12, 2014, 09:09:40 PM |
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Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?
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toknormal
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June 12, 2014, 10:16:04 PM |
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I actually think this is quite bullish.
It looks like it's going to get what would normally amount to a 3-week long correction, out of the way in 48 hours.
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toknormal
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June 12, 2014, 10:16:44 PM |
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Eeer com's t' rebouund - maybe better make that 48 minutes |
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toknormal
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June 12, 2014, 10:19:10 PM |
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It's what I call a "stilleto heel" correction |
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Malin Keshar
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June 12, 2014, 10:29:46 PM |
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Are you a crypto FBI girl with inside info? Few hours before the news about FBI move their coins to a future auction you came here talking about a bubble ^^ http://www.forbes.com/sites/kashmirhill/2014/06/12/silk-road-bitcoin-on-the-move-as-government-prepares-to-auction-off-18-million-worth/For me it is not a bubble, just people panicking and selling, and rational people that knows that many people will panic sell are selling to buy lower. It will be like a chinese ban soap opera 2.0, but at the end we will be back to 600's Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?
1 month for auction, can be more because some FBI guys might find a good idea get time to buy as much bitcoin as they can at the lowest price more 6 weeks to people stops to be afraid of a big dump from whoever bought the coins. So around 2-3 months until we back up,I think |
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toknormal
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June 12, 2014, 10:33:02 PM
Last edit: June 12, 2014, 10:55:52 PM by toknormal |
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It's what I call a "stilleto heel" correction  |
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ShakyhandsBTCer
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 14, 2014, 09:21:29 PM |
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Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?
It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again. |
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Malin Keshar
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June 14, 2014, 09:34:30 PM |
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Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?
It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again. at the moment there are other issues( 51% atacks, FUD about exchanges, China atacking again...), and they have more seized coins to sell. So I doubt 27th will be the end |
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ShakyhandsBTCer
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 15, 2014, 08:40:54 PM |
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Anyone have any predictions as to when the price will bounce back up? Are we looking at a price drop for another few days before the bounce back?
It will probably fall in anticipation to the SR auction on the 27th. Once the auction is complete and after any winners of the auction sell their coins bitcoin will start rising again. at the moment there are other issues( 51% atacks, FUD about exchanges, China atacking again...), and they have more seized coins to sell. So I doubt 27th will be the end Well it looks like we are getting past "51%" issues, there will always be FUD around everything (not just bitcoin but all investments that are successful), China can likely not get more aggressive then they already are. |
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Ashbite
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June 15, 2014, 08:59:43 PM |
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well bitcoins course is never stable. And we've seen that it can go up and down like crazy so this is no biggie |
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okthen
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June 15, 2014, 09:50:36 PM |
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This isn't a bubble.
We are in the midst of a consolidation period, and this was just a news related dip.
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Carra23
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June 15, 2014, 09:53:15 PM |
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So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??
This is hardly anything. It is very volatile which makes it great for gamblers like us |
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ShakyhandsBTCer
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 16, 2014, 03:30:31 AM |
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So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??
This is hardly anything. It is very volatile which makes it great for gamblers like us I would like to see the price of bitcoin stabilize even if it means that the price is a little bit lower. A stable price will allow for more people to adopt it as a currency |
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Glizlack
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June 16, 2014, 03:46:09 AM |
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I don't want to predict any numbers but the fact of the rising difficulty I believe will cause prices to go up. Because mining needs to at least be break even to keep most of the miners mining obviously.
Steve
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amencon
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June 16, 2014, 08:45:26 AM |
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So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??
This is hardly anything. It is very volatile which makes it great for gamblers like us I would like to see the price of bitcoin stabilize even if it means that the price is a little bit lower. A stable price will allow for more people to adopt it as a currency Which will cause the price to go up... oh no. |
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Carra23
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June 16, 2014, 10:33:53 PM |
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So what do you guys think? Price drop again - is the bubble bursting before the ralley upwards end of the year? Will we see the 10000$ end of the year??
This is hardly anything. It is very volatile which makes it great for gamblers like us I would like to see the price of bitcoin stabilize even if it means that the price is a little bit lower. A stable price will allow for more people to adopt it as a currency Bitcoin will not be a currency but will be a store of value. Besides, currencies go up and down all the time. |
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