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Author Topic: Is it really THAT bad right now?  (Read 3012 times)
gkv9
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January 24, 2015, 06:46:42 AM
 #41

Remember the pattern? Just check the charts from 10th May, 2014 to 11th June, 2014... The same pattern is going on currently, what do you think?

Will it still be bad now?

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January 24, 2015, 07:21:49 AM
 #42

When it comes to the markets, be greedy when others panic...

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January 24, 2015, 08:44:34 AM
 #43

no, it is not bad.

fundamentals are still untouched. Money keep coming. And GEMNI might come to live and create another bubble
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January 24, 2015, 11:14:40 AM
 #44

Price goes down and up. It's what happens when a governing body isn't controlling the price. I guess you could say that, no, it isn't that bad. The way i see it, bitcoin's price fluctuation is just a little compensation for it's anonymity and freedom.  Smiley

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January 24, 2015, 12:06:08 PM
 #45

Price goes down and up. It's what happens when a governing body isn't controlling the price. I guess you could say that, no, it isn't that bad. The way i see it, bitcoin's price fluctuation is just a little compensation for it's anonymity and freedom.  Smiley

Yeah right, its a nice price us flutuating and some one can buy btc when its price is low like below 200 and sell it at 230$.
So what you think will it go below 200$ this time ?

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Bitcoinexp
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January 24, 2015, 12:12:44 PM
 #46

Price goes down and up. It's what happens when a governing body isn't controlling the price. I guess you could say that, no, it isn't that bad. The way i see it, bitcoin's price fluctuation is just a little compensation for it's anonymity and freedom.  Smiley

Yeah right, its a nice price us flutuating and some one can buy btc when its price is low like below 200 and sell it at 230$.
So what you think will it go below 200$ this time ?

Probably not for now. Nobody knows. I speculate a slow price hike for now  Tongue Just my 2 satoshis.

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January 24, 2015, 12:14:54 PM
 #47

its falling because of chinese people dropping bitcoins everywhere.

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January 24, 2015, 12:34:21 PM
 #48

its falling because of chinese people dropping bitcoins everywhere.
It's not just the chinese, mind you. I think people are panicking because others are dropping. It's all a game of pass the bag.

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January 25, 2015, 02:09:38 AM
 #49

Price fluctuations are usual in bitcoin. Trade and make profit.

Price fluctuations are normal for any traded asset.  The price drop on the Euro is also quite impressive.
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January 25, 2015, 06:45:29 AM
 #50

Remember the pattern? Just check the charts from 10th May, 2014 to 11th June, 2014... The same pattern is going on currently, what do you think?

Will it still be bad now?

So I don't have to look up the prices from last year, would you just tell what happened?

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January 25, 2015, 07:06:41 AM
 #51

@tins
The price bounced back up after hurtling down, almost symmetrical 'v' shape.

Yuki1988
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January 25, 2015, 08:21:13 AM
 #52

@tins
The price bounced back up after hurtling down, almost symmetrical 'v' shape.

And the bitcoin price is now already back up to the $250 level while it was $160 just 10 days ago. Smiley

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January 25, 2015, 08:23:15 AM
 #53

Remember the pattern? Just check the charts from 10th May, 2014 to 11th June, 2014... The same pattern is going on currently, what do you think?

Will it still be bad now?

So I don't have to look up the prices from last year, would you just tell what happened?

last year the Gox influence was way bigger than now. I think compare last year patterns to current patterns might be misleading
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January 25, 2015, 09:43:48 AM
 #54

I understand that the price of bitcoin is slowly dropping, but is there real need for panic?

And also, if anyone knows the mechanics of bitcoin, why is it failing?

The price has been going down in 2014 from the very high price we reached at the end of 2013 but the price is still relatively high compared to anytime before November 2013 and all the arguments for the price to increase are still valid.

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January 25, 2015, 09:54:13 AM
 #55

Remember the pattern? Just check the charts from 10th May, 2014 to 11th June, 2014... The same pattern is going on currently, what do you think?

Will it still be bad now?

You can find a lot of similarities with many months if you want to. It's hard to realize what will happen with such a short time fram of comparison.
And you can also compare this to the SilkRoad crash, which had very high volume and led to happier times Smiley
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January 25, 2015, 12:29:13 PM
 #56

Remember the pattern? Just check the charts from 10th May, 2014 to 11th June, 2014... The same pattern is going on currently, what do you think?

Will it still be bad now?

You can find a lot of similarities with many months if you want to. It's hard to realize what will happen with such a short time fram of comparison.
And you can also compare this to the SilkRoad crash, which had very high volume and led to happier times Smiley

The price is high and everyone is crazy, the price is low and everyone is depressed; sentiments unrelated to fundamentals!

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January 25, 2015, 02:22:58 PM
 #57

Remember the pattern? Just check the charts from 10th May, 2014 to 11th June, 2014... The same pattern is going on currently, what do you think?

Will it still be bad now?

You can find a lot of similarities with many months if you want to. It's hard to realize what will happen with such a short time fram of comparison.
And you can also compare this to the SilkRoad crash, which had very high volume and led to happier times Smiley

The price is high and everyone is crazy, the price is low and everyone is depressed; sentiments unrelated to fundamentals!

It's always funny to see how quick people can change the way they see Bitcoin. Such people are here for the profit.

Those who believe in Bitcoin don't panic or change their mind with a lower or higher price.

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January 26, 2015, 02:58:09 AM
 #58

I prefer thinking about bitcoin as an investment, as a sort of stocks if you may.

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January 26, 2015, 10:17:24 AM
 #59

It`s not bad today. Do not panic, that`s best recommendation.
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January 26, 2015, 08:52:25 PM
 #60

There are always many different factors in a market. If you believe Bitcoin will work out in the long term, then invest long term.

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