I see it dropping back down to $300-600 level over the next 6 months. It rose too fast to be stable.
Bitcoin falls below $13K
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Re: Bitcoin falls below $13K
#12the emperor wears no clothes.....now people are seeing that bitcoin is useless for anything except gambling. it is not dollar. it is not gold. it is not visa. it is not bank.
People liquidate assets during December Holidays for buying presents, vacationing, and so forth.
In other news, water is wet.
Re: Bitcoin falls below $13K
#13the emperor wears no clothes.....now people are seeing that bitcoin is useless for anything except gambling. it is not dollar. it is not gold. it is not visa. it is not bank.
People liquidate assets during December Holidays for buying presents, vacationing, and so forth. In other news, water is wet.
Really ? People sell stock to buy presents and go vacations ?
Re: Bitcoin falls below $13K
#14As expected from a technical point of view. Meanwhile I have transactions stuck with over 40 euro's of fees. Pretty crazy and annoying. It's not my money and I warned for this still, I wish there was an easy way to up the fees or cancel transactions in this moment of collective panic. Or hey, perhaps I'm lucky and it gets back up in the mean time ;) I think there is money to be made helping people speed up their transactions for a fee.
Re: Bitcoin falls below $13K
#15the emperor wears no clothes.....now people are seeing that bitcoin is useless for anything except gambling. it is not dollar. it is not gold. it is not visa. it is not bank.
I'm going to leave this here: https://99bitcoins.com/bitcoinobituaries/
Re: Bitcoin falls below $13K
#16I see it dropping back down to $300-600 level over the next 6 months. It rose too fast to be stable.
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Re: Bitcoin falls below $13K
#17Earlier quoted context omitted.
People liquidate assets during December Holidays for buying presents, vacationing, and so forth. In other news, water is wet.
Really ? People sell stock to buy presents and go vacations ?
Sure, check the S&P 500 index price. It always dips come December.
Re: Bitcoin falls below $13K
#18Re: Bitcoin falls below $13K
#19the emperor wears no clothes.....now people are seeing that bitcoin is useless for anything except gambling. it is not dollar. it is not gold. it is not visa. it is not bank.
People liquidate assets during December Holidays for buying presents, vacationing, and so forth. In other news, water is wet.
Something something correlation causation.