Bitcoin Price is Record Low: The Best Time to Buy Bitcoins?

Bitcoin Price is Record Low: The Best Time to Buy Bitcoins?

In the last week we have witnessed sell orders of more than 1000 bitcoins at a time pushing the Bitcoin price downwards. The Bitcoin price has fallen from a stable 590 USD per Bitcoin (August 10th) to now 450 USD per Bitcoin. There have been no recent negative news or happenings that could explain the big sell offs, and one might start to wonder. I've recently written a few theories of why the Bitcoin price has crumbled while Venzen wrote about BitFinex' "shorting" function. The Bitcoin price has still been falling today with more than 50 USD per Bitcoin. Is this Tim Draper getting cold....


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