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Title: I can't believe the Washington Post is running this headline Post by: the founder on April 05, 2013, 08:16:06 PM WASHINGTON POST: Dollar, euro fall sharply against bitcoin http://www.washingtonpost.com/business/economy/dollar-euro-fall-sharply-against-bitcoin/2013/04/05/5adbab6c-9e0c-11e2-9a79-eb5280c81c63_story.html Normally they put Gold in that sentence, not bitcoin. Title: Re: I can't believe the Washington Post is running this headline Post by: jackofspades on April 05, 2013, 08:29:52 PM hey at least its making news...thats a good thing right hahah
No such thing as bad press Title: Re: I can't believe the Washington Post is running this headline Post by: Littleshop on April 05, 2013, 08:33:16 PM WASHINGTON POST: Dollar, euro fall sharply against bitcoin http://www.washingtonpost.com/business/economy/dollar-euro-fall-sharply-against-bitcoin/2013/04/05/5adbab6c-9e0c-11e2-9a79-eb5280c81c63_story.html Normally they put Gold in that sentence, not bitcoin. I was at the gym yesterday and bitcoin was all over the TV's there on CNBC as well. This would be the first time I saw something on TV about bitcoin without searching it out myself. Title: Re: I can't believe the Washington Post is running this headline Post by: Rassah on April 05, 2013, 08:36:49 PM That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before?
Title: Re: I can't believe the Washington Post is running this headline Post by: DataPlumber on April 05, 2013, 08:55:37 PM That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before? This.People have to stop complaining when it doesn't manage to go up more than 5% every single f'n day. Has no one kept in mind that a normal rate of return for an established commodity is under 10% every YEAR? Title: Re: I can't believe the Washington Post is running this headline Post by: DigitalDoom on April 05, 2013, 09:05:33 PM Oh...I believe it! ;)
Title: Re: I can't believe the Washington Post is running this headline Post by: DigitalDoom on April 05, 2013, 09:08:46 PM That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before? This.People have to stop complaining when it doesn't manage to go up more than 5% every single f'n day. Has no one kept in mind that a normal rate of return for an established commodity is under 10% every YEAR? There has to be a huge correction at some point! Maybe not a complete crash, but a correction of giant proportion. Everything that goes up, must come down...it'll happen eventually. Might even see $1000+ BTC before it does...but it WILL happen! Title: Re: I can't believe the Washington Post is running this headline Post by: DataPlumber on April 05, 2013, 09:12:16 PM That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before? This.People have to stop complaining when it doesn't manage to go up more than 5% every single f'n day. Has no one kept in mind that a normal rate of return for an established commodity is under 10% every YEAR? There has to be a huge correction at some point! Maybe not a complete crash, but a correction of giant proportion. Everything that goes up, must come down...it'll happen eventually. Might even see $1000+ BTC before it does...but it WILL happen! Title: Re: I can't believe the Washington Post is running this headline Post by: drrussellshane on April 05, 2013, 09:57:18 PM WASHINGTON POST: Dollar, euro fall sharply against bitcoin http://www.washingtonpost.com/business/economy/dollar-euro-fall-sharply-against-bitcoin/2013/04/05/5adbab6c-9e0c-11e2-9a79-eb5280c81c63_story.html Normally they put Gold in that sentence, not bitcoin. Bitcoin is gold for the internets. Title: Re: I can't believe the Washington Post is running this headline Post by: Elwar on April 05, 2013, 10:19:10 PM That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before? This.People have to stop complaining when it doesn't manage to go up more than 5% every single f'n day. Has no one kept in mind that a normal rate of return for an established commodity is under 10% every YEAR? There has to be a huge correction at some point! Maybe not a complete crash, but a correction of giant proportion. Everything that goes up, must come down...it'll happen eventually. Might even see $1000+ BTC before it does...but it WILL happen! So, when is Google's stock going to crash? They have been going up for several years. Just a warning to those doing any speculation, I plan on selling about 100 BTC when the price reaches $5,000/BTC. Plan accordingly. Title: Re: I can't believe the Washington Post is running this headline Post by: BTC Books on April 05, 2013, 10:28:06 PM That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before? This.People have to stop complaining when it doesn't manage to go up more than 5% every single f'n day. Has no one kept in mind that a normal rate of return for an established commodity is under 10% every YEAR? There has to be a huge correction at some point! Maybe not a complete crash, but a correction of giant proportion. Everything that goes up, must come down...it'll happen eventually. Might even see $1000+ BTC before it does...but it WILL happen! Right. Because comparing money to gravity is perfectly logical. Not that the exchange rate won't fluctuate - but I really don't think that particular law of physics will ever have much to do with it. Now seriously - do you? Title: Re: I can't believe the Washington Post is running this headline Post by: DeathAndTaxes on April 05, 2013, 10:30:29 PM I plan on selling about 100 BTC when the price reaches $5,000/BTC. Plan accordingly. Sets massive limit order at $4,999.99 :)Seriously articles like this show how far Bitcoin has come. The news is mostly getting it wrong but at least trying to explain Bitcoin compare the coverage after the crash of '11 and it is night and day. Title: Re: I can't believe the Washington Post is running this headline Post by: Rassah on April 06, 2013, 08:26:29 PM Just a warning to those doing any speculation, I plan on selling about 100 BTC when the price reaches $5,000/BTC. Plan accordingly. I think if Bitcoin actually reaches $5,000, at that point you won't be "selling" as much as buying/investing in Dollars/Euros. Title: Re: I can't believe the Washington Post is running this headline Post by: Zomdifros on April 06, 2013, 08:38:24 PM There has to be a huge correction at some point! Maybe not a complete crash, but a correction of giant proportion. Everything that goes up, must come down...it'll happen eventually. Might even see $1000+ BTC before it does...but it WILL happen! That doesn't have to be the case. Since investors in Bitcoin aren't expecting a return on their investment, as they do with stocks or bonds, there doesn't have to be a reason to sell their coins. As long as the Bitcoin economy manages to stay large, it's legal status remains clear and people are able to easily store their coins in a safe manner, it just might go up indefinitely. |