Still below $500

[SW725]

Bitcoin (after 3 weeks) is still below $500. When I started this hobby, bitcoin was above $500. When do you think bitcoin price will hit above $500?

[fumanchu808]

I anticipate this price slump to continue until something big happens, such as a currency crisis in a place like Argentina that forces adoption to ramp up or a big news spin that makes it click in the minds of people who are on the fence.

For now alternative choices (such as BitsharesX) are providing enough excitement for me as an enthusiast and investor.


This might help:  http://www.coindesk.com/braintree-ceo-paypal-moving-toward-bitcoin-acceptance/

and this:  http://www.thebitcoinchannel.com/archives/37843

[VidioShare]

The paypal's bitcoin annoucement should have some effect on the market, maybe after the app is released.

[evanito]

I hope that mass adoption could one day happen, and after that, there will be a price increase.

But now, the excitement is fading.

[TheButterZone]

Never. The more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

[counter]

Well after taking a deep and long gaze into my crystal bull..  I've seen the price above 500 and holding around mid October at the very latest .  I personally had thought it will be sooner but I can't argue with the crystal bull..  Buy on the lowest point of this temporary period of dips and hodl.

[falllling]

Never. The more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

agreed

[yokosan]

Bitcoin (after 3 years) is still above $400. When I started this hobby, bitcoin was below $10. When do you think bitcoin price will grow another 4000%?

[hayabusa911]

Nope

[mraveragejoe]

When I heard about bitcoin they were over $1000, I think I missed the right spot to enter the market...

[heypson]

Bitcoin (after 3 weeks) is still below $500. When I started this hobby, bitcoin was above $500. When do you think bitcoin price will hit above $500?

With all the recent great news we have read the pump should be near, I'm expecting it in a couple of weeks.

[falllling]

Bitcoin (after 3 weeks) is still below $500. When I started this hobby, bitcoin was above $500. When do you think bitcoin price will hit above $500?

With all the recent great news we have read the pump should be near, I'm expecting it in a couple of weeks.

not gonna happen, bitcoin is over-price and PayPal or GABI or DUBAI or ETF have all been priced in, what's going to happen would be huge dumps

[oceans]

It's been a harsh few weeks I will admit with us all hoping to see some kind of change and seeing nothing. I am hoping we see something even if it's only small very soon.

[ensurance982]

When I got into Bitcoin, it was very well below this price. I think we're in a phase of great uncertainty now, that'll only be over after some major good news and heavily increased media coverage, or a steady growth over at least another 6 months or even a year maybe!