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Author Topic: Get ready for incoming crashes  (Read 4154 times)
mmsmears
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January 25, 2015, 09:09:43 PM
 #61

The crashes already over
Now bitcoin price already at $250

We will see more rise for a while Smiley
But bitcoin before the price rise up more guys

still far away from uit's glory price, another crash could be expected at a slightly higher price, than the current one
There will always be consistent downward pressure on bitcoin.  Big Miners have bills to pay and need to sell regardless of price.  They'll sit on what they can while they can afford to.

The current situation is a clear example of problems the bitcoin network will face in the future. Miners only continue to operate when it’s profitable. Bitcoin value will always be tied to operating costs of people, equipment, facilities & energy.
Not always, once big old money comes thanks to initiatives like the Gemini exchange by the Winklevii we'll see a bigger demand than offer which will translate in an uptrend.
Even under the shadow of Mt. Gox & Bitstamp, this will be scary huge.  Strap in, 2015 will be a wild ride if this ETF is approved. This could save the large Mining operations for awhile.  The just curious money alone will create a second bubble, remember to set your sell triggers.  Then buy back after the dust settles.

“But Mr. Luria sees Bitcoin’s wide price fluctuations as a risk for investors. Bitcoin isn’t the only commodity that trades 24 hours a day, but it does have wilder price shifts than many other assets.

“The price could decrease tremendously after the market closes, and you won’t be able to do anything about it,” Mr. Luria said.”

http://[Suspicious link removed]/vnu5HV

Bitcoin was a genius invention, but it's been...
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January 25, 2015, 10:54:43 PM
 #62

it's very clear now that innovation and the world of bitcoin and of course not only the price will go up in every level....

there will be no crashes guys.... buy now is my opinion when you still can.

and of course don't spend more that you can afford....
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January 26, 2015, 11:56:42 AM
 #63

it's very clear now that innovation and the world of bitcoin and of course not only the price will go up in every level....

there will be no crashes guys.... buy now is my opinion when you still can.

and of course don't spend more that you can afford....

There has been a crash, now it is improving; the Euro and the Dollar will go down and the reward halving is coming so we have a good set up for a huge price increase to come back to more than 500$ then higher.

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