[2014-08-24] Why the Bitcoin Price Is Falling – and Why It's Not a Crisis

[ganabb]

http://www.marketoracle.co.uk/Article47019.html

Volatility in the price of bitcoin should not impede retailer acceptance of bitcoin, in our opinion, as merchants and payment processors are entirely shielded, and we expect consumers will be shielded in the future.

The remarks on the impact of volatility on future Bitcoin adoption seem insightful. The fact that Bitcoin is not correlated with other assets like stocks or bonds might make it valuable for investors since it provides diversification benefits. This could increase the trading volume in the future as further investors and finance professionals enter the market.

[1715578683]

1715578683

[mercistheman]

Take profits at $620? LMAO... how about ?10,000+

[gmx95]

$10,000 maybe a long term investment. And I am starting to doubt that we will ever see it. Let's at least get back to the $1000 level first.

[kjlimo]

The question is what have you two done lately to help increase the price to that level? 

Plenty of opportunity to get bitcoin involved in new projects.  So get to it!

Take profits at $620? LMAO... how about ?10,000+

$10,000 maybe a long term investment. And I am starting to doubt that we will ever see it. Let's at least get back to the $1000 level first.