The Latest BitCoin Bubble has burst

Thub15

Regular Member

Sep 3, 2011

234

120

• May 17, 2013

• #1

A month ago I was looking at bitcoin when it was priced at $40 something. It surged to $147 like two weeks ago. Now it's down to $112. I wish I would have bought at $47, but I'm not worried.

 

Sam Woods

Junior Member

Mar 5, 2013

132

32

• May 17, 2013

• #2

But now as it's fallen, isn't everyone (or at least a lot) going to jump ship and cause the price to plummet even more?

 

M

Mike Chun

Newbie

Apr 23, 2013

3

0

• May 17, 2013

• #3

They seem to be stabilizing at around 110

 

D

Dr. Dan

Newbie

May 14, 2013

11

5

• May 17, 2013

• #4

There are news that the US wants to regulate it. They closed several of the biggest internet bitcoin exchanges....
So maybe not buying wasn't the worst choice (;

 

Sam Woods

Junior Member

Mar 5, 2013

132

32

• May 17, 2013

• #5

'regulate' lol. More like they want to get a piece of the pie

 

prab1996

Elite Member

Jan 8, 2013

3,492

2,044

• May 17, 2013

• #6

every thing falls , then it climbs .

this is LIFE .

 

W9go

Elite Member

May 16, 2011

5,841

1,308

• May 17, 2013

• #7

surprise surprise

 

P

peterno

Registered Member

Feb 16, 2013

58

5

• May 17, 2013

• #8

It down maybe the demand are low or now one willing to use bitcoin payment gate.

 

donduck

Junior Member

May 9, 2007

162

18

• May 17, 2013

• #9

bitcoin was about $2 about 18 months ago it when to about $266 and is now about $116 which is a very high price

it is high risk

 

A

aldoraine

Regular Member

May 3, 2013

204

75

• May 17, 2013

• #10

It's dropping because early investors are booking profits and selling off. Also, the US and other countries are attempting to destabilize it through regulation. By saying this the BC loses some of its appeal to the masses.

 

bobo4u

Registered Member

Sep 20, 2011

69

14

• May 17, 2013

• #11

If you missed the bitcoins train, try litecoins. They are quite cheap right now.

 

gcgipson

Regular Member

Nov 10, 2012

300

65

• May 19, 2013

• #12

I have become a believer in BitCoins now, and the way I see it, the dramatic price ride was due to BitCoin's growing pains. The ability to pay anyone or receive payments instantly from anyone in the world, without a middle man like PayPal, is definately the payment technology of the future. BitCoin has its flaws, no doubt, but anyone who is in the business of receiving or sending payments online should difinately get behind it. Right now, unfortunately, people are using BitCoin like Forex, and this, I feel, is a bit of a shame because the technology has so much more potential behind it.

 

Sneeks

Power Member

Dec 29, 2009

629

181

• May 21, 2013

• #13

I'm looking to buy 1/10 of a bitcoin now ;-) hehe. via paypal.

 

Qokaine

BANNED

Mar 8, 2009

416

164

• May 21, 2013

• #14

i would not put money into something that can crash cuz of ddos attacks on mtgox

 

terengganu.boy

Registered Member

May 20, 2013

90

18

• May 21, 2013

• #15

so u mean bitcoin is not a safe currency?easy to be hack or something...

Sent from my i9400 using Tapatalk 2

 

C

chansyoman

Newbie

Jul 31, 2013

5

0

• Jul 31, 2013

• #16

Cryptocurrency is worthless but worth it.

 

Garcian

Registered Member

Nov 27, 2011

56

26

• Aug 1, 2013

• #17

Bitcoins and litecoins are only going to increase in value as people get more paranoid, want more "privacy", want to try something new etc etc.

 

T

toyou

Newbie

Jul 28, 2013

6

0

• Aug 1, 2013

• #18

bitcoin is not safe currency