Quote from: SmartIphone on July 24, 2016, 12:37:35 PM

Quote from: GregH37 on July 24, 2016, 08:47:15 AM

Quote from: SmartIphone on July 23, 2016, 08:29:50 PM

Checking the last few weeks trend we can see that bitcoin price pretty much the same as 1 month ago even through the recent days the graph shows that price is going down slightly.
The trend of new coins in the market it slowing down so the price should not decrease if more people join and use bitcoin.

Well, More peoples are getting start using bitcoin every day. but as you know bitcoin price is quite high. 670$ is not a joke it is too much money. and everyone (almost 80%) are not afford to buy bitcoin at this price. and bitcoin price up is depends on buying bitcoin.

lots of new people who came into bitcoin want to just earn it for free. and lots of people have small investments so they prefer to altcoin trading and buying.

but I don't think 670$ is bad at all. if it stable it this price it is also good.

What's the meaning for someone to join bitcoin at the lower price, those new people should consider bitcoin as a currency, same like buying a GBP, it cost what it costs and continue trading it.
We should continue working with the actual price and not thing that we should wait for $100/BTC when I think it's to late to think what to do next.

Moving on is a must now, if you look at the current price that is like 500% more so do not expect that the price will still goes back to $100 as that would only be possible if there is a strong crisis that will happen and I believe it will not be happening again like what happen in the past.