Quote from: The Pharmacist on October 15, 2018, 07:55:55 PM

Quote from: gentlemand on October 15, 2018, 12:16:13 AM

I just can't see them buying their tampons with it.

I fully agree. I'd have a hard time convincing myself to spend bitcoin for something I could just as easily buy with fiat. For me, bitcoin has always been for keeping. Cash is for spending.

Neither do I, didnt really see a reason to spend out my BTC just for a thing that i can easily purchase with fiat since we do have in mind that BTC is more worth to be hold on.

Quote from: thecodebear on October 15, 2018, 07:58:11 PM

ha no $3k or $1500 is not gonna happen. I don't know why anyone would think that would happen. The market has been very clear all year that $6000 is the bottom and any price below that is unacceptable to the market. $6000 is the firmly established bottom of the market, if you want $3000 or $1500 you should have bought the first half of last year.

The price of Bitcoin isn't stable, it is just in the relatively stable phase as it transitions between bear and bull market. This is normal and to be expected. The bear market has ended, the bull market won't begin for a bit longer (maybe by end of this year), so in between the bear and bull forces are cancelling each other out and we get a fairly stable price at the bottom of the market before the next long incoming bull run begins.

Anything is possible with bitcoins price even its already unbelievable to got below into that price points there would be always a tendency yet theres no such bottom price when it comes to it.
We can somehow conclude some stuffs because we have seen theres a strong support on 6k but that isnt a guaranteed thing.