wobber (OP)
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Activity: 1064
Merit: 1001
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August 19, 2014, 01:20:21 PM |
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The end of such low prices I mean. It seems that we bottomed out, price is low and if we get to have a few more weeks of low (or lower) prices, then we might go ballistic soon.
You can't deny it, if you had fiat sitting in exchanges, this drop was amazing if you wanted to consolidate your BTC positions. With the summer getting to an end and ETF launching soon, many bears will gradually turn into bulls.
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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Fearless
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Activity: 89
Merit: 10
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August 19, 2014, 01:22:34 PM |
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After hitting rock bottom, BTC has started to recover. I invested a lot. Hope it pays me back soon.
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w4ssop
Newbie
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Activity: 42
Merit: 0
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August 19, 2014, 01:32:52 PM |
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I'm hoping so but nobody can say that for sure, bitcoin is so unpredictable in these weeks!
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bananaControl
Sr. Member
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Activity: 322
Merit: 250
Decentralize All The Things!
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August 19, 2014, 01:38:47 PM |
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I hope not. Down to 250 and staying in that range for at least half a year would be fantastic IMHO. That would weed out the gold diggers (and create an interesting stress test for miners) and make it possible to focus on the fundamentals - the technology. Bitcoins worth shouldn't be measured in the price per BTC, it goes a lot deeper than that, but for that to really show a lot of developing is still needed.
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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August 19, 2014, 01:39:40 PM |
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I hope not. Down to 250 and staying in that range for at least half a year would be fantastic IMHO. That would weed out the gold diggers (and create an interesting stress test for miners) and make it possible to focus on the fundamentals - the technology. Bitcoins worth shouldn't be measured in the price per BTC, it goes a lot deeper than that, but for that to really show a lot of developing is still needed.
A stress test as in mining in the negative? |
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blatchcorn
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August 19, 2014, 01:41:31 PM |
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I hope not. Down to 250 and staying in that range for at least half a year would be fantastic IMHO. That would weed out the gold diggers (and create an interesting stress test for miners) and make it possible to focus on the fundamentals - the technology. Bitcoins worth shouldn't be measured in the price per BTC, it goes a lot deeper than that, but for that to really show a lot of developing is still needed.
It would also give me more time to accumulate cheap coins  |
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datehunter
Newbie
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Activity: 42
Merit: 0
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August 19, 2014, 01:42:51 PM |
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The value will skyrocket in few months, the good news are everywhere we can't fall deeper.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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August 19, 2014, 01:44:48 PM |
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no, keep selling everyone.
to me.
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Capt Drake
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August 19, 2014, 02:23:16 PM |
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We are still in a bear trap, wait a little longer, it may go down even further.  |
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Rakitich
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Activity: 70
Merit: 10
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August 19, 2014, 02:59:38 PM |
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Weak hands: Shaken.
Whales: Feed.
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GogglesPisano
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Activity: 68
Merit: 10
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August 19, 2014, 03:01:57 PM |
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The end of such low prices I mean. It seems that we bottomed out, price is low and if we get to have a few more weeks of low (or lower) prices, then we might go ballistic soon.
You can't deny it, if you had fiat sitting in exchanges, this drop was amazing if you wanted to consolidate your BTC positions. With the summer getting to an end and ETF launching soon, many bears will gradually turn into bulls.
Couldn't agree more. The weak hands who sold this summer are going to be crying come Christmas. |
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Soccruo
Member
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Activity: 83
Merit: 10
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August 19, 2014, 03:05:24 PM |
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no, keep selling everyone.
to me.
People is panic selling now but when the price will rise again they will cry on this forum, like in the past years. |
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Ayers
Legendary
Offline
Activity: 2618
Merit: 1024
Seabet.io | Crypto-Casino
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August 19, 2014, 03:07:37 PM |
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we are a the bottom already no more duming, the price is stable now, isn't this the same price of may or june don't remember the date of the last dump
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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August 19, 2014, 03:58:58 PM |
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we are a the bottom already no more duming, the price is stable now, isn't this the same price of may or june don't remember the date of the last dump
There was a quick dump to $360 in feb I thought but insta recover to low/mid $400's.. looks familiar. |
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djangocoin
Sr. Member
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Activity: 474
Merit: 285
Brave New World
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August 19, 2014, 04:18:12 PM |
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It does seem to take a dive just before a bubble...  |
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Chuckee
Member
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Activity: 70
Merit: 10
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August 19, 2014, 04:25:00 PM |
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It does seem to take a dive just before a bubble... No, this is incorrent. Flash crashes in bear markets may rebound to new rally, but flash crash in bear market means more drop in mid term! Cut your looose before it's too late! |
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silversmith
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August 19, 2014, 04:30:44 PM |
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Down to 250 and staying in that range for at least half a year would be fantastic IMHO.
Down to 100 would be even better. I would love to buy bitcoins @ $100 USD for the rest of the year. |
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dropt
Legendary
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Activity: 1512
Merit: 1000
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August 19, 2014, 04:36:51 PM |
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Down to 250 and staying in that range for at least half a year would be fantastic IMHO.
Down to 100 would be even better. I would love to buy bitcoins @ $100 USD for the rest of the year. And then after that it can sink to $22.79 and you'll panic sell into a loss. Let's face it, you people missed out on sub-single, single, and double digit BTC. Hoping for the economy to tank so you can "buy in" is not only selfish, but dangerous for BTC as a whole. |
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falllling
Member
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Activity: 112
Merit: 10
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August 19, 2014, 04:49:17 PM |
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Down to 250 and staying in that range for at least half a year would be fantastic IMHO.
Down to 100 would be even better. I would love to buy bitcoins @ $100 USD for the rest of the year. we will go much lower than $100 soon, no worry |
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Ayers
Legendary
Offline
Activity: 2618
Merit: 1024
Seabet.io | Crypto-Casino
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August 19, 2014, 06:41:44 PM |
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we are a the bottom already no more duming, the price is stable now, isn't this the same price of may or june don't remember the date of the last dump
There was a quick dump to $360 in feb I thought but insta recover to low/mid $400's.. looks familiar. yeah it's exactly the same dump that happen back in feb, it should recover and return above 500 quickly |
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