Wow Bitcoin Sadness...

[tek inpektor]

Down to $780 now....

 

https://btc-e.com/

 

When do you think prices will go back up?

[Morpheus]

the very next second after i post this.

[helping]

In the ballpark of 24 hours to 24 months 

 

(as an estimate the above statement is subject to being incorrect) 

[_ASSASSIN_]

price is only dependent on other country's view on its legitimacy or silk road being up or down 

[Levent]

it goes down and up all the time nothing new.

[Bonsai99]

Down to $780 now....

 

https://btc-e.com/

 

When do you think prices will go back up?

Uhhhh it's been in the ballpark of $800 for quite some time now.

[tek inpektor]

Uhhhh it's been in the ballpark of $800 for quite some time now.

I know, but the low last week was like 795.

[Bonsai99]

I know, but the low last week was like 795.

$15 is not a huge deal, the spikes or drops are usually in the hundreds of dollars.

[dizmo]

I predict it will lose a lot of credibility as more new cryptocurrencies pop up.

[xXxYOLOxSWAGxXx_420BlazeIt]

I predict it will lose a lot of credibility as more new cryptocurrencies pop up.

Nice prediction.

 

Shame there is nothing to back it up with.

[scaryjam823]

$15 is not a huge deal, the spikes or drops are usually in the hundreds of dollars.

Exactly, just wait it out, buy now then sell when it's back at $800 in two days. It was at $750 a week and a half ago, you got to play the long term gain, not the short to profit. Too many play the short game and that's why it fluctuates as much as it does.

[RuecanOnRails]

Looks like Bitcoin's on sale to me Sale might not last long, pick up some while you can.

 

There hasn't been any movement in the Bitcoin market since late January, about time we had some action. This might be a pre-rally bear trap for all we know. Shaky investors who don't understand the technology always show their hand first.

No reason to panic until something in the technology behind of Bitcoin is changed for nefarious purposes. Even then any change is opt in, requires the full network to agree and accept it, if you don't like it, don't use it. Until then we are in constant price discovery which can jump up or down by nothing more than a sneeze in the media/press.