Bitcoin Forum

Economy => Economics => Topic started by: teknetz on March 23, 2013, 09:06:53 PM



Title: Is it me, or is the market tanking right now?
Post by: teknetz on March 23, 2013, 09:06:53 PM
How long until we can expect to recover some losses?


Title: Re: Is it me, or is the market tanking right now?
Post by: Dangolbery on March 23, 2013, 09:58:11 PM
I bought my first bitcoin so yep.


Title: Re: Is it me, or is the market tanking right now?
Post by: alir on March 23, 2013, 10:00:06 PM
If you decided to buy while it was climbing you made a bad choice. Might not see it go back up anytime soon.


Title: Re: Is it me, or is the market tanking right now?
Post by: jwzguy on March 23, 2013, 10:05:17 PM
We're up over 100% in the last 30 days. So I'd say no.

New money is coming in and old money is leaving. We are getting more attention than ever before. MtGox has thousands of people waiting for verification, Coinbase has thousands of people trying to buy in.

If you bought to invest you should have done enough homework to know this is going to happen along the way. Sit tight and enjoy the ride!


Title: Re: Is it me, or is the market tanking right now?
Post by: bb113 on March 23, 2013, 10:37:52 PM
Quote
The MtGox price of bitcoin will reach $100 USD before the end of 2013

The price of bitcoin will be exchanged for $100 USD or more at any time before 12:00am January 1st, 2014. It need not hold for any period of time, bet closes as soon as it hits $100 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

Info
Opening date: July 1, 2012
Bet deadline: July 1, 2013 end of day Eastern Time
Event date: Dec. 31, 2013 end of day Eastern Time
Category: Economics
Total agree bets: 361.48
Total disagree bets: 150.16
Total weighted agree bets: 979820.463
Total weighted disagree bets: 538262.538

http://betsofbitco.in/item?id=470


Title: Re: Is it me, or is the market tanking right now?
Post by: oOoOo on March 23, 2013, 10:40:45 PM
... the NSA could have secretly spent years and billions developing a bitcoin wrecking machine ...

Satoshi Dice..?


Title: Re: Is it me, or is the market tanking right now?
Post by: lebing on March 24, 2013, 07:22:32 PM
Quote
The MtGox price of bitcoin will reach $100 USD before the end of 2013

The price of bitcoin will be exchanged for $100 USD or more at any time before 12:00am January 1st, 2014. It need not hold for any period of time, bet closes as soon as it hits $100 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

Info
Opening date: July 1, 2012
Bet deadline: July 1, 2013 end of day Eastern Time
Event date: Dec. 31, 2013 end of day Eastern Time
Category: Economics
Total agree bets: 361.48
Total disagree bets: 150.16
Total weighted agree bets: 979820.463
Total weighted disagree bets: 538262.538

http://betsofbitco.in/item?id=470

lol someone added 650 to the buy side.


Title: Re: Is it me, or is the market tanking right now?
Post by: chrsjrcj on March 25, 2013, 02:16:32 AM
How long until we can expect to recover some losses?


Bitcoin price is like the weather in Texas. If you don't like it, just wait a few minutes.


Title: Re: Is it me, or is the market tanking right now?
Post by: bubblesort on March 25, 2013, 05:27:25 AM
LOL, it hit $80 USD twice in the last 6 hours on bitcoin24. (http://bitcoinity.org/markets?currency=USD&exchange=bitcoin24)

People are crazy.


Title: Re: Is it me, or is the market tanking right now?
Post by: BitPirate on March 25, 2013, 05:57:48 AM
Tip #1: Zoom out the charts.

Tip #2: Pour a drink and get on with life.


Title: Re: Is it me, or is the market tanking right now?
Post by: stepkrav on March 25, 2013, 10:31:33 AM
can someone explain the word "tanking" to me?  ::)


Title: Re: Is it me, or is the market tanking right now?
Post by: Bitcoinpro on March 25, 2013, 11:04:48 AM
can someone explain the word "tanking" to me?  ::)

http://defense-update.com/images/tank2batsh.jpg


Title: Re: Is it me, or is the market tanking right now?
Post by: chrsjrcj on March 25, 2013, 11:19:31 AM
LOL, it hit $80 USD twice in the last 6 hours on bitcoin24. (http://bitcoinity.org/markets?currency=USD&exchange=bitcoin24)

People are crazy.

high: 99.99   :o  :o  :o