hugger
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Activity: 35
Merit: 0
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October 21, 2014, 01:03:44 PM |
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We should be happy that bitcoin is now steadying at $380. I was a little worried when it hit below 350.
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TheDragonSlayer
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October 21, 2014, 01:47:17 PM |
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We should be happy that bitcoin is now steadying at $380. I was a little worried when it hit below 350.
Agree, as long as its staying at least $380 it has high chance of going up... |
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CryptoCarmen
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Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
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October 21, 2014, 02:03:51 PM |
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We should be happy that bitcoin is now steadying at $380. I was a little worried when it hit below 350.
Agree, as long as its staying at least $380 it has high chance of going up... But not over $420 so easily. |
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Justine
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October 21, 2014, 02:23:49 PM |
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As the title says why bitcoin price is not rebounding ? It is not bouncing back to its original value.It still didn't reached the min 450$. I think now price will be steady at 380$.
Any reason why its not getting his real value after crashing?
The current price is always the real value. It is a price where both buyer and seller agree on being "fair". |
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Coinbuddy (OP)
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October 23, 2014, 01:57:00 PM |
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bitcoin dead now at 356.6$
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MrBig
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October 23, 2014, 02:12:44 PM |
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bitcoin dead now at 356.6$
If it's dead now, how are you going to feel when we dip another $100? |
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 23, 2014, 02:29:05 PM |
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bitcoin dead now at 356.6$
If it's dead now, how are you going to feel when we dip another $100? What are this week's lottery numbers? |
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Deepanal
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Activity: 15
Merit: 0
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October 23, 2014, 02:31:28 PM |
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It will hit 250 by the end of the month im sure.
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ravenjt
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October 23, 2014, 02:44:24 PM |
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It will hit 250 by the end of the month im sure.
I'm bearish, but I doubt it will go that low in a week. There was a great deal of buying pressure that appeared when it went down to sub-300 briefly at the beginning of the month. I think it will test 300 again, but bounce up again. Just it wont bounce up quite as far as it did a week ago. That's my tuppence worth... |
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 23, 2014, 02:54:12 PM |
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It will hit 250 by the end of the month im sure.
I'm bearish, but I doubt it will go that low in a week. There was a great deal of buying pressure that appeared when it went down to sub-300 briefly at the beginning of the month. I think it will test 300 again, but bounce up again. Just it wont bounce up quite as far as it did a week ago. That's my tuppence worth... So your prediction is down in a never ending bear market. Meanwhile every other metric in the bitcoin world points the other way. At some point the two will collide  |
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tripppn
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October 23, 2014, 04:38:33 PM |
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I believe it's because BTC is in a transition stage. More and more companies are accepting it and they have to pay employees and suppliers in fiat so they need to turn the BTC into cash as soon as it hit's their wallets. So there is constant sell pressure from these companies and not enough people buying to make up the difference. This will change soon enough though I think. But... time will tell.
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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bassclef
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October 23, 2014, 06:43:30 PM |
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Because markets don't go straight up, that's why.
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labsbitforum
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Activity: 99
Merit: 10
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October 23, 2014, 08:09:18 PM |
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It will hit 250 by the end of the month im sure.
Just curious. How do you pronounce your forum name? |
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Amph
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Activity: 3206
Merit: 1069
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October 23, 2014, 08:23:04 PM |
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Stable is better than huge swings.
i prefer i higher price for a stable price |
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dariuss
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Activity: 77
Merit: 10
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October 23, 2014, 09:14:06 PM |
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you gotta understand what happened in these past few years, esp for people to recover.
1) Dumb Mt. Gox (phantom deposits)
2) BTC e incidents (wire transfer delays and selective scamming)
It will drop back to prices way below $300.
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fewcoins
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October 23, 2014, 10:01:24 PM |
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Stable is better than huge swings.
i prefer i higher price for a stable price Don't worry it will take a sharp correction like today's to move to the next higher level! |
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gogxmagog
Legendary
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Activity: 1456
Merit: 1010
Ad maiora!
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October 23, 2014, 10:06:23 PM |
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Supply and demand. The btc economy is small, there are more btc in circulation than are wanted by buyers. Simple as that. You could say btc is at its true value right now, but if more people use it in the future=higher valuation.
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exocytosis
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October 23, 2014, 10:52:42 PM |
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This is good for Bitcoin. We need to get a lot lower to shake out all the weak hands. Plus, lower prices means cheaper coins for us true believers! Imagine how many coins we'll buy if we ever go sub 100!!! We'll buy thousands of them! Then, when we drop below $50, we'll buy tens of thousands! Promise!!!
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 23, 2014, 10:58:57 PM |
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I predicted all of this. Read my latest posts.
Sub 250 coming by Monday. Mark my words.
Erm. |
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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October 23, 2014, 10:59:23 PM |
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It will hit 250 by the end of the month im sure.
Lol at your username. |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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