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Author Topic: so is 8.5-ish the new floor?  (Read 3296 times)
paulie_w
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July 25, 2012, 12:08:44 AM
 #21

I'll also think we'll see $3  again in the next 12 months.  We are probably a long way to from any significant stability.

oh man that would be AWESOME
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Yuhfhrh
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July 25, 2012, 06:45:24 AM
 #22

The price has been stuck at $8.40 for an hour now, I predict a slight rise now Shocked
Serenata
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July 25, 2012, 07:12:33 AM
 #23

Bitcoin supply is constant (until the end of this year that is)
People joining and using bitcoins is a growing number.

Unless a big issue/flaw/scam goes into wild, I expect the price to continue rising.

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July 25, 2012, 07:39:55 AM
 #24

Bitcoin supply is constant (until the end of this year that is)
People joining and using bitcoins is a growing number.

Unless a big issue/flaw/scam goes into wild, I expect the price to continue rising.

Ive been trying to introduce more people to the benefits of bitcoin .......but many of them
STILL cant see the benefits outside of buying drugs on silk road or avoiding paying tax  etc

Until we get some major acceptance ,i dont know if there are enough geeks willing to download 3 GB
blockchains and put up with multi level encryption to use bitcoins everyday


and we need vendors that are giving incentives to put up with the hassle of learning encrypted wallets

its just  not easy to buy a happy meal or put gas in your car or buy a new pair of shoes with bitcoin ................ yet

thats the major drawback ,its still just too complicated  for the average idiot  to understand but i hope that gets simplified over time Wink

 
adamstgBit
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July 25, 2012, 07:41:47 AM
 #25

The price has been stuck at $8.40 for an hour now, I predict a slight rise now Shocked

8.40 could turn out to be the bottom

its taking a beating but its holding

lets see how things look tomorrow morning!

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July 25, 2012, 09:01:06 AM
 #26

Until we get some major acceptance ,i dont know if there are enough geeks willing to download 3 GB
blockchains and put up with multi level encryption to use bitcoins everyday
They don't need to do that. New users can use www.coinbase.com where they don't need to download blockchain or know anything about encryption.
Bjork
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July 25, 2012, 09:03:14 AM
 #27

We will go lower. 

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July 25, 2012, 09:07:03 AM
 #28

We will go lower. 


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July 25, 2012, 10:58:31 AM
 #29

They don't need to do that. New users can use www.coinbase.com where they don't need to download blockchain or know anything about encryption.

Yes, since having a third party hold on to your BTC has worked out so well in the past!

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Kupsi
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July 25, 2012, 12:21:27 PM
 #30

They don't need to do that. New users can use www.coinbase.com where they don't need to download blockchain or know anything about encryption.

Yes, since having a third party hold on to your BTC has worked out so well in the past!
New users don't know that Smiley
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July 25, 2012, 12:52:54 PM
 #31

We trust banks and savings and deposits and credit unions with our money.
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July 25, 2012, 01:21:37 PM
 #32

I think the rally has lost steam and it's very possible that we'll have a dip. Not sure how big of a dip though, $7.x is surely thought of as a cheap price by the majority at this point so it's very unlikely to go below $7.

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July 25, 2012, 03:18:09 PM
 #33

They don't need to do that. New users can use www.coinbase.com where they don't need to download blockchain or know anything about encryption.

Yes, since having a third party hold on to your BTC has worked out so well in the past!
New users don't know that Smiley

They will know soon enough and then we have another myBitcoin fiasco? No, thanks.

electrum is an option. I use electrum myself to great satisfaction.

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XXthetimeisnowXX
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April 19, 2013, 07:46:19 PM
 #34

lets hope so. haha
simplydt
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April 19, 2013, 08:02:24 PM
 #35

lets hope so. haha
revived an ancient thread? Tongue
molecular
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April 19, 2013, 08:36:30 PM
 #36

I think the rally has lost steam and it's very possible that we'll have a dip. Not sure how big of a dip though, $7.x is surely thought of as a cheap price by the majority at this point so it's very unlikely to go below $7.

yep. never went down to $7 again after your post Wink

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molecular
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April 19, 2013, 08:37:14 PM
 #37

lets hope so. haha
revived an ancient thread? Tongue

it's kind-of funny that 8 month actually does seem like ages.

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April 19, 2013, 11:56:15 PM
 #38

Seriously though right now there's a huge amount of orders around $8-$20 - about $2 Million worth I think

I've never seen it like this before.

For some reason people expect a crash of epic proportions.
BitPirate
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April 20, 2013, 12:49:05 AM
 #39

What utter crap. There are huge volumes trading at $120 too -- I've never seen it like this.

GotBitCoins
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April 20, 2013, 12:54:51 AM
 #40

Seriously though right now there's a huge amount of orders around $8-$20 - about $2 Million worth I think

I've never seen it like this before.

For some reason people expect a crash of epic proportions.

Where do you see these orders? Which web-site?
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