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Author Topic: Bitcoin still 300% of the Price 1 Year ago.  (Read 2762 times)
BPMich
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August 19, 2014, 10:30:47 PM
 #21

This is comforting but I wonder if we'll be able to say the same in November.  Bitcoin has had ups and down but usually is higher than it was a year ago.  However, this coming winter will be a big test.

Good Luck.
Are you saying winter is coming?
arbitrage001
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August 20, 2014, 10:19:24 AM
 #22

This is comforting but I wonder if we'll be able to say the same in November.  Bitcoin has had ups and down but usually is higher than it was a year ago.  However, this coming winter will be a big test.

Good Luck.
Are you saying winter is coming?

The price peaked at around $1200 seven to eight months ago. Winter is already here.
Bogleg
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August 20, 2014, 12:22:40 PM
 #23

Plenty of pull back left to go to weed out the non-believer.

What will remain is the true believer who will hoard the coin till the end of time.
noel57
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August 21, 2014, 01:45:07 PM
 #24

This is encouraging by the look of things its possible we have a turn around before the year runs out.''fingers crossed''.

Wooden Plate
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August 24, 2014, 05:17:11 PM
 #25

The pumps and dumps,Rise and Falls is what make people addicted to bitcoin,You never know Btw
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August 24, 2014, 06:57:43 PM
Last edit: August 25, 2014, 05:16:46 PM by negafen
 #26

Reason why there is still plenty of room to go down.

Even in a bull market, huge price correction will occur before making new high.
waterpile
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August 25, 2014, 12:06:36 AM
 #27

The pumps and dumps,Rise and Falls is what make people addicted to bitcoin,You never know Btw

its easier to predict when those pumps and dumps happen
betterangels
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August 25, 2014, 12:17:07 AM
 #28

diff are increasing 15 % every 11 days... so... i don0t know,, maybe... in 2016.. with the new block reward.
botany
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August 25, 2014, 12:27:19 AM
 #29

Plenty of pull back left to go to weed out the non-believer.

What will remain is the true believer who will hoard the coin till the end of time.

At some point, people will have to cash out, won't they?
What is the point of controlling some bitcoins, if you can't enjoy the good life?  Wink
Swordsoffreedom
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August 25, 2014, 07:12:44 AM
 #30


The price peaked at around $1200 seven to eight months ago. Winter is already here.

Yes, and it is a long winter with the nuclear fallout of the collapse of Mtgox and silkroad
Perhaps somewhat effected by the rise of altcoins as well.
That said I hope for a bitcoin spring in the price sooner than later since Bitcoin is getting more adoption and a stronger position and its a significant amount compared to eight months ago.

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Microbit001
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August 25, 2014, 10:38:39 AM
 #31

Of course,everyone witnessed the fact and it's gonna rise up more as we go with the time
RyanPumper
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August 25, 2014, 03:36:55 PM
 #32

if bitcoin becomes the world's most valuable asset, it wouldn't surprise me. So far, the trend has been upwards year after year with each major rally surpassing the previous all time high. Then again, we haven't seen a major crash yet either... so who knows.

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August 25, 2014, 06:15:12 PM
 #33

Usually people,specially beginners can't even hold onto on even a small peak.While I first came to know about bitcoin it was $6.xx per coin.At times it even did crossed $1k each hoping the same to happen again
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August 25, 2014, 10:36:19 PM
 #34

Of course,everyone witnessed the fact and it's gonna rise up more as we go with the time
of course it will rise and rise
RickyRickyyyy
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August 26, 2014, 04:00:34 PM
 #35

As far as im concerned, we've never gone anywhere but up.
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August 28, 2014, 12:52:16 PM
 #36

Bitcoin has only given me nothing but gains thus far.
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August 28, 2014, 04:57:21 PM
 #37

bitcoin will go to $1300 by the first month of next year ( january 2015 ) the whole world begin accept it and everyone began use it, it is mean the capitalization will increase, we never know how fast it is but i think it will move very fast.... Roll Eyes
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August 28, 2014, 06:14:37 PM
 #38

Yep, overall the price has gone nowhere but up.
niothor
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September 19, 2014, 02:00:58 PM
 #39

Hmmm.. is this still accurate? wink wink


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September 19, 2014, 03:25:28 PM
 #40

And only roughly 40% below its peak and since that this was a short lived high you could actually
...

i don't really see where anyone sees an "uptrend" except for they think "it must happen because it happened before". honestly that is all i seem to get out of people.
...

http://www.investopedia.com/terms/u/uptrend.asp

Definition of 'Uptrend'
A formal uptrend is when each successive peak and trough is higher than the ones found earlier in the trend.




As long as BTC stays above $50 then we are still pointing up (a very reliable price analyst mentioned yesterday 205 as their projected low which is comfortably above 50)

https://bitcointalk.org/index.php?topic=747502.msg8445665#msg8445665

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