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lili song
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December 20, 2014, 01:22:03 PM |
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Majority make huge loses so if they sell it they can claim some tax. Expect the price to rise on January.
damn..I holding about BTC 1 after receive my stellar trading.... Hope bitcoin will raise up soon |
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311
Full Member
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Activity: 230
Merit: 100
Come original.
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December 20, 2014, 01:30:48 PM |
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Majority make huge loses so if they sell it they can claim some tax. Expect the price to rise on January.
I'm not sure if this is true. Many times I just don't think there's any logic to the price rise and fall but it seems to have a spiral effect and then people panic buy or sell. |
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micky123
Legendary
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Activity: 1022
Merit: 1005
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December 20, 2014, 01:36:58 PM |
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I am just going to stick to my theory, lots of people are cashing out for the holiday season. Bitcoin is good, you can use it to buy a few gifts maybe, but you cannot buy everything for bitcoin (as of right now). This will always be the case as more mainstream adoption is driven. earlier it had gone up in november, but that was when people who knew what they were doing, invested in BTC and then eventually normal people (mainstream) felt they missed the bus and began to see what BTC had to offer and the potential to use it as an investment vehicle. They started investing in BTC and these are the people who are like you and me, who need to buy gifts and spend on festivals like Christmas & Thanksgiving. So when these festivals come around, there is a mad rush to convert BTC to fiat. This is the time the traders take advantage and push the prices lower so they can buy at cheap rates. Once the holiday season is over, you will see the price go back up!  |
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Redwan
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December 20, 2014, 01:37:11 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
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< MONEY IS NOT EVERYTHING BUT EVERYTHING NEEDS MONEY > donate 14V9xuWy2fRzchkpK44ZeDbjdJprXLP2qC
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picolo
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December 20, 2014, 02:28:45 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
It was 10$ then 100$ in 2013 then briefly 1000$ then 700$ 500$ 340$, the long term rally is continuing. |
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Chavez
Member
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Activity: 71
Merit: 10
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December 20, 2014, 02:42:26 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then. |
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silvestar
Legendary
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Activity: 1134
Merit: 1002
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December 20, 2014, 03:35:24 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Why the heck do you copy and paste my old post? Are you a bot? |
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cakir
Legendary
Offline
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
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December 21, 2014, 10:43:02 AM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Why the heck do you copy and paste my old post? Are you a bot? Because he earns btc by posting... He's not trying hard to create "constructive post" just steals them |
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picolo
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December 21, 2014, 12:11:06 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then. It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013 |
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arieq
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December 22, 2014, 01:59:29 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then. It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013 yeah btc was stronger last year when the market cap was over 8 billion, now it's sitting under 5. A bitecoin miner now can only hope the price goes up so he can actually get an ROI to pay for his miner.. |
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lynn_402
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December 22, 2014, 04:36:44 PM |
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The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then. It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013 yeah btc was stronger last year when the market cap was over 8 billion, now it's sitting under 5. A bitecoin miner now can only hope the price goes up so he can actually get an ROI to pay for his miner.. Actually, I believe the best way for a bitcoin miner to make money would be to sell his rig to a noob on eBay, then buy the coin he believes in and hope for an eventual price increase. |
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Sindelar1938
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December 24, 2014, 02:01:53 PM |
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Who cares? your view is as good as mine.
What matters is that this is a really good buying opportunity if you can hold long term
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resya
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December 24, 2014, 09:05:30 PM |
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I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
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██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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December 24, 2014, 10:55:17 PM |
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I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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Mobius7
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December 25, 2014, 08:23:23 AM |
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I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship Sinking ship, when more and more big companies are starting to embrace bitcoin? Where did you get that idea from? |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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December 25, 2014, 09:37:53 AM |
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I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship Sinking ship, when more and more big companies are starting to embrace bitcoin? Where did you get that idea from? That's not sinking ship, but why market cap is going down if - as you wrote: "more and more big companies are starting to embrace bitcoin"? That's strange and for that price is dropping.. and of course more other things  |
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picolo
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December 25, 2014, 12:40:50 PM |
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I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship Sinking ship, when more and more big companies are starting to embrace bitcoin? Where did you get that idea from? That's not sinking ship, but why market cap is going down if - as you wrote: "more and more big companies are starting to embrace bitcoin"? That's strange and for that price is dropping.. and of course more other things There is 10% more bitcoins than when we started the year so 320$ is about the same market cap as 350$ in January 2014 |
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SirChiko
Legendary
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Activity: 966
Merit: 1000
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December 26, 2014, 11:08:59 AM |
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It's about offer and demand. Many people offer btc but less people are interested in buying or they want to buy at lower prices so they put lower bids and when miners/holders are in need of coins they sell for that lower bid making btc go down.
Also sometimes it's fear and panic caused by whales.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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kotwica666
Legendary
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Activity: 2282
Merit: 1035
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December 26, 2014, 02:01:37 PM |
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So guys.. Who tries to predict the price of BTC on January 1?  318,00? |
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AllTheBitz
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December 26, 2014, 07:56:18 PM |
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Kind of like the stock market once it starts going down people start freaking out and start selling.
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