Coinbuddy (OP)
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October 20, 2014, 10:52:33 AM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$. Any reason why its not getting his real value after crashing?
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CryptoCarmen
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October 20, 2014, 12:13:42 PM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$. Any reason why its not getting his real value after crashing?
What is the real value you mention here? Usually value is what sellers and buyers decide on the exchanges. It seems your real value gets decided somewhere else.
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Klubknuckle
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October 20, 2014, 12:55:29 PM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$. Any reason why its not getting his real value after crashing?
It need some time to rise back up to its level, too many people has left and not coming back to bitcoin world..
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Sunderland
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To Be Or Not To Be
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October 20, 2014, 01:31:58 PM |
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As we can see now , we were facing world economy depressed in this year. Some stock market just crash couple weeks ago and gold is down too. That give some effect for bitcoin price , well maybe in this december bitcoin will rebound to $ 500.
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back to work
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Sharpe
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October 20, 2014, 01:34:53 PM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$. Any reason why its not getting his real value after crashing?
What is bitcoin's original value exactly? And the price did rebound, then went down a little, then up a little, then blah blah blah. Bitcoin does what bitcoin does - goes up and down. No point trying to find logic in it or reasons why it does what it does.
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touhonoob
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October 20, 2014, 02:23:16 PM |
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People want to buy cheaper coins. If the price stabilize in current level for a month or so, it may start rising.
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chanz
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October 20, 2014, 02:35:08 PM |
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It's simply supply and demand there's no original value to it. But i think it'll rise up again till the end of this year.
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My BTC address : 1KfS1c14Tg2hgQEVz2bCJeFox6FpyYFvM6
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RodeoX
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October 20, 2014, 02:35:47 PM |
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Because the real value is $380. The price is just naked supply and demand, it's never wrong.
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miketonic
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October 20, 2014, 02:56:54 PM |
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Stable is better than huge swings.
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jbrnt
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October 20, 2014, 03:02:04 PM |
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Prices came back up from $300 and has remain stable at $380. I would say we have done well. Cannot expect price to shoot up overnight. Give it some time.
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zimmah
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October 20, 2014, 03:31:03 PM |
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Stable is better than huge swings.
depends on who you ask
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nikkoy
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October 20, 2014, 03:47:44 PM |
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i believe the value of bitcoin would depend of people who buy and sell it so we have to be patient with its growing value.
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Cryptoalerts.net
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October 20, 2014, 05:58:14 PM |
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Because it has been compressed below the Middle 200day Bollinger Band for almost 17hrs. Volume is very low. Stochastic is on overbought levels for 8hrs. 1HR - Bitstamp Price must break above both the 50MA and 200MA resistance with conviction in order for any meaningful rally to take place. https://i.imgur.com/7aiHmNL.jpg
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transient858
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October 20, 2014, 06:02:56 PM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$. Any reason why its not getting his real value after crashing?
What make you think $380 is not its real value?
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Wilhelm
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October 20, 2014, 06:13:18 PM |
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Bitcoin is more stable than it was. The bubble cycles will be further apart and be more controlled. Also, too many people are "expecting" it to go up. The universe then says "no" ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) We are currently in a slow trend reversal if you ask me.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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ScryptAsic
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October 21, 2014, 01:27:03 AM |
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Bitcoin is more stable than it was. The bubble cycles will be further apart and be more controlled. Also, too many people are "expecting" it to go up. The universe then says "no" ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) We are currently in a slow trend reversal if you ask me. Bitcoin will still be unstable as government continue to control and conquer bitcoin..
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bigasic
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October 21, 2014, 06:43:27 AM |
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i've been dealing with bitcoin for almost 3 years and the only thing that I know for sure made bitcoin skyrocket was the success of SR back in the day. Thats the only time I've ever been able to figure bitcoin out. One time Gavin anderson came and said that something exciting was about to happen to bitcoin to help stable the price, this was in the fall of 2012, i believe. Dont know what that news was supposed to be. Maybe it never materialized, but it got me all excited. Ive given up trying to figure bitcoin out. It will always drop and always go up. I just wish it would go up a little faster, lol..
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Sophie.Greek
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October 21, 2014, 07:08:46 AM |
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Because many people are doing short on some exchange, they leave no stone unturned to make price fell.
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Bulletin
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October 21, 2014, 07:19:34 AM |
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It will rise, but not so fast as you would like to.
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yayayo
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October 21, 2014, 11:15:18 AM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$. Any reason why its not getting his real value after crashing?
Because valuation changes constantly. So far, Bitcoin had the fastest value appreciation of any asset I know. It's only fair to grant Bitcoin a break. I'm more confident than ever that Bitcoin is the future. Consolidation is a healthy process, because people's expectations have to cool down and there's a lot of things to do, before Bitcoin can enter the mainstream. ya.ya.yo!
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