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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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Activity: 72
Merit: 10
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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
Legendary
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Activity: 1260
Merit: 1029
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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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Activity: 1792
Merit: 1000
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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
Legendary
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Merit: 1029
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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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Activity: 290
Merit: 28
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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