Quote from: Oscoda on May 30, 2016, 02:21:07 PM

Quote from: n2004al on November 05, 2015, 08:22:03 AM

Quote from: jacee on November 04, 2015, 11:11:46 PM

We fall down from $500 just a while ago and when I last checked we are like in $385 .
I have a question here, I am not really good at bitcoin so I just want some explanations or something like that.
Will the price continue to fall or will it bounce again?
Is $500 the new ATH now?
What is causing this?
Does this mean the end of the bull?

Don't wait explanation. All the story of bitcoin has one name: volatility. At exception of the last 10 months when its price was almost stable all the story of bitcoin is up and down. The reason: Immature currency, no Central Authority to help it to be stable, short life in the market and very few spread in the overall population are some of the most important. In other words: bitcoin is yet a "innocent child currency".

We are now going up. I think it is a old topic. But we are rising now very fast and I hope it will go on for a long time. The people that has made an investment than they can get some a lot of profit in the future and that will be good. I hope bitcoin will have a good future later in the value.

The price rose 25% over the last 10 days. That is quite big rise in the recent history of the bitcoin.