Quote from: boumalo on September 07, 2014, 09:36:08 AM

Quote from: InwardContour on September 01, 2014, 03:13:17 PM

Quote from: waqas on September 01, 2014, 03:07:12 PM

Quote from: gelross2014 on August 27, 2014, 02:34:39 AM

It went down but I guess its going a little bit back up again, I hope it would stop being unstable.

Its going more down now touching almost 479$ now waiting for big jump because every time its touch under 480$ then suddenly jump very good

Yes this is the right time to buy more bitcoins, some bearish people thinks that we will reach $300 but in my opinion the downtrend stops here.

The current price is a great buying opportunity, if it goes lower it will be an even greater buying opportunity

We could be close to the next shift up in price to thousands of Dollars a coin

Yep I agree but... the problem is that mining has became so polpular and there are so many new deployments of new designs... It reminds me of the situation we had in 2011 when the costs of mining went higher than the BTC mined. History likes to repeat itself in cycles. We may see another downfall, 'death of bitcoin' titles in the press etc. I agree that long term BIT is the winner or at least some other coin (besides LiteCoin actually QuarkCoin is my favourite because of it's speed and very clever approach to the economy). Sufficient to say that once BTC goes higher all other cryptos will follow. I am sure the future for cryptos is bright.