Quote from: neurotypical on January 25, 2015, 06:30:16 PM

Quote from: mmsmears on January 25, 2015, 04:44:50 PM

Quote from: Amph on January 25, 2015, 04:36:58 PM

Quote from: ETFbitcoin on January 25, 2015, 08:33:24 AM

The crashes already over
Now bitcoin price already at $250

We will see more rise for a while

But bitcoin before the price rise up more guys

still far away from uit's glory price, another crash could be expected at a slightly higher price, than the current one

There will always be consistent downward pressure on bitcoin. Big Miners have bills to pay and need to sell regardless of price. They'll sit on what they can while they can afford to.

The current situation is a clear example of problems the bitcoin network will face in the future. Miners only continue to operate when its profitable. Bitcoin value will always be tied to operating costs of people, equipment, facilities & energy.

Not always, once big old money comes thanks to initiatives like the Gemini exchange by the Winklevii we'll see a bigger demand than offer which will translate in an uptrend.

Even under the shadow of Mt. Gox & Bitstamp, this will be scary huge. Strap in, 2015 will be a wild ride if this ETF is approved. This could save the large Mining operations for awhile. The just curious money alone will create a second bubble, remember to set your sell triggers. Then buy back after the dust settles.

But Mr. Luria sees Bitcoins wide price fluctuations as a risk for investors. Bitcoin isnt the only commodity that trades 24 hours a day, but it does have wilder price shifts than many other assets.

The price could decrease tremendously after the market closes, and you wont be able to do anything about it, Mr. Luria said.

http://[Suspicious link removed]/vnu5HV