Silk Road forums

Discussion => Security => Topic started by: deadkndys420 on August 19, 2012, 05:53 pm

Title: Price of Bitcoins starting to drop
Post by: deadkndys420 on August 19, 2012, 05:53 pm
A few days ago I saw that 1 BTC was 13 something now its down to 8 something.


I hope it goes back to around 2 -5 dollars a coin.
Title: Re: Price of Bitcoins starting to drop
Post by: dkmonk on August 19, 2012, 05:56 pm
It will be dropping all day all the way until speculators know what is happening with tomorrow and pirateat40 and his business. This is why it is going down so much. He is suppose to close shop tomorrow and sell a lot of his coins off.
Title: Re: Price of Bitcoins starting to drop
Post by: theonetheonlyandy on August 20, 2012, 01:42 pm
buying and selling of coins. if someone buys a shitload the price goes up and if they sell a shitload price goes down. hopefully the price does go down hopefully as deadkeeddys suggested.