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Daniel91
Legendary
 Offline
Activity: 3374
Merit: 1824
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October 06, 2014, 07:04:29 AM |
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It's always amazing to see how people so easily become afraid and loose confidence so quickly. In the market is normal that price sometimes go up, and sometimes down. but, average people, when they see that price went down for 10, 20 or 30 %, become scared and in panic trying to sell everything, loosing even more money in this way. In my opinion, now is the best time to buy bitcoin, not sell, because price is already very low. In fact, this is great opportunity to collect more bitcoin for very cheap price  |
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jacktheking
Legendary
Offline
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
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October 06, 2014, 07:08:39 AM |
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Well, I think the bitcoin community will bring the Bitcoin price back very soon. I still trust Bitcoin and I will support the growth of Bitcoin.
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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Nick70001
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October 06, 2014, 07:10:36 AM |
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It's always amazing to see how people so easily become afraid and loose confidence so quickly. In the market is normal that price sometimes go up, and sometimes down. but, average people, when they see that price went down for 10, 20 or 30 %, become scared and in panic trying to sell everything, loosing even more money in this way. In my opinion, now is the best time to buy bitcoin, not sell, because price is already very low. In fact, this is great opportunity to collect more bitcoin for very cheap price I agree, This might not be exactly the bottom as no one can predict bottoms and tops but nothing significantly bad has happened to Bitcoin to justify the price fall. I expect a rise again (at some stage) and buying now takes your average bitcoin price down if you bought high. |
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robhimself
Full Member
Offline
Activity: 154
Merit: 100
Calling out scams, one HYIP at a time...
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October 06, 2014, 07:26:41 AM |
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Hopes, dreams and speculation without solid reasoning, just like nearly every other major price move on a crypto.
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liu405
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October 06, 2014, 07:49:32 AM |
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Have no much more money get into the related industries about BTC!
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Furio
Legendary
Offline
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
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October 06, 2014, 08:03:16 AM |
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In stead of companies accepting Bitcoin, companies who NEED bitcoin....
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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October 06, 2014, 08:03:32 AM |
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People getting paid in Bitcoin would counter the companies converting bitcoins to fiat.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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lihuajkl
Legendary
Offline
Activity: 1596
Merit: 1000
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October 06, 2014, 08:14:41 AM |
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Some really positive news is needed to push up the price. Such as Chinese goc cancels the restriction to financial institutions dealing with bitcoin. Or Chinese banks embrace the bitcoin payment.
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anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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October 06, 2014, 09:49:04 AM |
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If selling continues, then how can the price bounce back?
I guess a lot of those who sold higher will buy back once they believe that bottom has been reached. We probably have seen some of that during the last 24 hours. Volume has been at 750K. Sellers are running out of steam. |
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bitkanu
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October 06, 2014, 10:59:30 AM |
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I will hold my BTC for long term I don't care about current rates of BTC because this fluctuation in rates like last year was go up to 1200$ then we guys have to wait for it I am sure it will come back soon to track of upward looping |
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Sakarias-Corporation
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October 06, 2014, 11:17:39 AM |
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Some really positive news is needed to push up the price. Such as Chinese goc cancels the restriction to financial institutions dealing with bitcoin. Or Chinese banks embrace the bitcoin payment.
This. This would be the rocket we've all been waiting for. |
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micalith
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October 06, 2014, 11:21:58 AM |
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mass adoption. that is all.
patience, the infrastructure is increasingly capable to cater for it
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neurotypical
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October 06, 2014, 12:45:54 PM |
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When merchants in eBay are actually able to use BTC to recieve payments. Then maybe people starts getting aware of what Bitcoin is and start using it, provided it has real benefits against good ol fiat.
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FUR11
Sr. Member
Offline
Activity: 378
Merit: 250
FURring bitcoin up since 1762
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October 06, 2014, 12:48:41 PM |
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Capitulation of a lot of unexperienced 'investors', or better speculators. Well, there is a ton of FIAT on the sidelines now, very ready to be put into BTC again, which will happen as soon as we find the real bottom! If that happens, we will see another rise, increased media coverage, and thus a new bubble!
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Furio
Legendary
Offline
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
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October 06, 2014, 05:58:49 PM |
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Capitulation of a lot of unexperienced 'investors', or better speculators. Well, there is a ton of FIAT on the sidelines now, very ready to be put into BTC again, which will happen as soon as we find the real bottom! If that happens, we will see another rise, increased media coverage, and thus a new bubble!
My thoughts and hopes exactly, this time I will see profit 2!!!  |
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CryptoCarmen
Member
Offline
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
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October 06, 2014, 07:47:28 PM |
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Price will raise up by itself. Nothing special will need to happen.
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4476
You're never too old to think young.
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October 06, 2014, 07:50:08 PM |
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What will bring BTC price back up?
Time. |
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bassclef
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October 06, 2014, 07:51:48 PM |
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Now that the big selling pressure is relieved, I do believe we will go upwards for awhile.
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sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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October 06, 2014, 07:53:54 PM |
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The fact that more people are willing to buy than sell ... there are more and more ppl wanting to buy thus it will go up even in the face of big sellers. |
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