Would be a big explosion on Bitcoin price it in this year?

[titulng]

Since the last three months, Bitcoin is being dropped quietly, why?












And would it continue to be a big explosion on Bitcoin price it in this year?

[Jamacn]

prolonged timeline a little, you can find prices are being ups and downs in turn  




but not sure that wheather there a bomb in this year like last year

[Nrcewker]

What do you want to express, can you write more words well?

[EricTyle]

Why did we post 5 pictures of the same graph?

[hotsaucee]

Look around the sub forum and you won't find any valid answers. Most people here have a horrible bias. The fact is the bitcoin price is hugely volatile so an increase if at all will be highly unpredictable

[HI-TEC99]

Look around the sub forum and you won't find any valid answers. Most people here have a horrible bias. The fact is the bitcoin price is hugely volatile so an increase if at all will be highly unpredictable

True, most people here cannot accurately predict what will happen or why it will happen.

[antibitcoinconsortium]

 because the system is slowly dying
wake up!

[Wilhelm]

because the system is slowly dying
wake up!

NO PAIN, NO GAIN!!!

The lower she goes, the higher she'll blow!!!!

Put on your space suit, in 2015 we will be in outer space

[giveBTCpls]

because the system is slowly dying
wake up!

How much does the gov pay you to spread FUD? lol, it will be funny when you end up getting paid in BTC.

[jcoin200]

I have seen a lot of valid explanations on here actually.  I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock.  As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold.  more selling drives price down, and not enough (hardly any) new buyers/new money coming in.

[AirFlame]

NO PAIN, NO GAIN!!!

The lower she goes, the higher she'll blow!!!!

Put on your space suit, in 2015 we will be in outer space

So true. I am waiting for blow then I think blow will be in the end of this year

[Xiaoxiao]

Bitcoin price it in this year!

[TaunSew]

I have seen a lot of valid explanations on here actually.  I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock.  As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold.  more selling drives price down, and not enough (hardly any) new buyers/new money coming in.

Yet who is going to spend BTC at Dell or Overstock if they already have $Fiat?

Seems plausible that all these sales are being driven by Bitcoin whales and professional miners who are dumping.  You  have to wait until these Bitcoin whales / miners run out of BTC so the price can recover.

It could very well take years for Bitcoin to go back to $1000 (due to all the overnight millionaires created overnight who'll need to be liquidated) but then Bitcoin isn't the only game in town, it could be replaced by an alternate in those years of recovery.

[Nrcewker]

because the system is slowly dying
wake up!

true?
that's a really good news, ah

[Brewins]

No.

No explosion.

But no implosion.

We are going nowhere but to nowhere

[Bejkn]

I have seen a lot of valid explanations on here actually.  I tend to think its due to some of the larger merchants who have begun to accept btc, like Dell and overstock.  As people spend btc at those merchants and they instantly convert it to usd, its essentially like a lot of coins being sold.  more selling drives price down, and not enough (hardly any) new buyers/new money coming in.

But why the price falls instead?

[Jamacn]

No.

No explosion.

But no implosion.

We are going nowhere but to nowhere

Your words are philosophical well

[halfbitcoin]

The "explosion" could be either upwards or downwards, in my opinion there are more possibilities we are going up.