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Author Topic: [2015-01-14] Bitcoin Continues to Plummet  (Read 912 times)
zakoliverz (OP)
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January 14, 2015, 08:42:10 AM
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http://time.com/3666651/bitcoins-prices-plummet-to-2013-levels/

The price of Bitcoin dropped again this week, sliding to its lowest level since early 2013, suggesting that confidence in the contentious cryptocurrency may be shrinking.

On Tuesday, the price of Bitcoin dropped from $267 to about $224, sinking below its April 2013 value, which was before its popularity skyrocketed, according to the New York Times.
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CoinMode
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January 14, 2015, 10:12:41 AM
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http://time.com/3666651/bitcoins-prices-plummet-to-2013-levels/

The price of Bitcoin dropped again this week, sliding to its lowest level since early 2013, suggesting that confidence in the contentious cryptocurrency may be shrinking.


I guess they were asleep for the summer and autumn of 2013.
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January 14, 2015, 01:22:28 PM
 #3

Buy buy buy!
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January 14, 2015, 02:38:49 PM
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Buy buy buy!

 Grin But when is the bottom? It is a good time to buy in but the fact that bitcoin can fall to such lows like this for no apparent reason is disturbing.
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January 17, 2015, 06:32:38 AM
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Buy buy buy!

 Grin But when is the bottom? It is a good time to buy in but the fact that bitcoin can fall to such lows like this for no apparent reason is disturbing.

Ask 100 people that question and you'll get 100 different answers.  No apparent reason?  Oh reasons abound but there's never anything really solid.  So many times it's blame China, blame drugs.. Whatever.  As long as people spend, earn and spend more btc it will always have value. 

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January 17, 2015, 07:13:29 AM
 #6

On Tuesday, the price of Bitcoin dropped from $267 to about $224, sinking below its April 2013 value, which was before its popularity skyrocketed, according to the New York Times.

Exchange price is only one aspect. Popularity of bitcoin is still rising.

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January 17, 2015, 11:55:28 AM
 #7

Hope fully it can rise up again, millions of bitcoin users are now hanging in the balance. New adopters are tempted to enter the market as the price is low.

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