Now we are stable at about $400, the calm before the storm :P
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Bitcoin Close to $400
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Posted on September 22, 2014 at 5:38 AM0 likes
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Posted on September 22, 2014 at 3:22 PM
value price BTC down and down and now stable price in four hundred dollar per one btc
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Posted on September 22, 2014 at 5:58 PM
now price btc still stagnant in $400 no down no up
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Posted on September 23, 2014 at 2:28 PM
I suggest you should buy now rather than buying it later, while the price of btc another massive discount
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Posted on September 23, 2014 at 2:59 PM
I've seen people associate today's price jump with PayPal's announcement about integrating Bitcoin payments for purchases of digital goods (using PayPal, Coinbase & GoCoin). And I'd guess that is what happened. But PayPal is not allowing sellers to keep the Bitcoin, every payment made will be converted to fiat. So if you believe the downward price movement has been due to the existing companies who accept Bitcoin but use a processor to convert to fiat, this seems like it will extend that trend.
Big picture is, this seems good for Bitcoin to me. But will the favorable sentiment overcome the downward price pressure of so many big companies using payment processors to convert Bitcoin payments to fiat? And note that, I think small Bitcoin enthusiasts tend to restock their Bitcoin when they buy. But big whale Bitcoiners probably don't, and that seems like a way that prices are pushed down (rather than selling Bitcoin, whales buy stuff with Bitcoin, and that's effectively selling when payment processors are converting to fiat for their customers).
What say you?
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Posted on September 24, 2014 at 1:28 AM
price value bitcoin now $436 in justcoin dot com
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Posted on September 25, 2014 at 5:58 AM
There was a pump because of the paypal news but now the downtrend has been resumed.
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Posted on September 25, 2014 at 7:00 AM
I hope bitcoin up to $1000 again
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Posted on September 25, 2014 at 7:47 AM
@wizard777 I hope bitcoin up to $1000 again
very diffifuly in bitcoin up $1000 again
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Posted on September 25, 2014 at 8:22 AM
@rob But big whale Bitcoiners probably don't, and that seems like a way that prices are pushed down (rather than selling Bitcoin, whales buy stuff with Bitcoin, and that's effectively selling when payment processors are converting to fiat for their customers).
What say you?
Sounds reasonable, I can agree.
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