Bitcoin Forum

Economy => Speculation => Topic started by: bitcoin carpenter on November 07, 2013, 03:51:44 AM



Title: less than 20000 btc on gox stamp and btc China.. Moon or anchor?
Post by: bitcoin carpenter on November 07, 2013, 03:51:44 AM
BTC almost gone.  
Will people keep defeating the value or will bitcoins implode


Title: Re: less than 2 btc on got stamp and btc China.. Moon or anchor?
Post by: antimattercrusader on November 07, 2013, 03:52:23 AM
What?

Update: Nevermind. Either title was updated or a misread it. :)

Double Update: No, bitcoin won't implode. This is a free market, and it appears like people are not willing to sell at the moment, which will reduce the available supply, and probably lead to a stronger price. Once the price reaches a point in which people are willing to sell, more coins will be transferred to the exchanges.

This actually makes me feel kinda good - if there are not many coins on the market, and people actually have to transfer them in to sell - it might prevent a panic situation, like happened last time with Gox and may indicate a stronger faith/less twitchy attitude? Just a thought.


Title: Re: less than 20000 btc on got stamp and btc China.. Moon or anchor?
Post by: bitcoin carpenter on November 07, 2013, 03:53:44 AM
Too many glasses of wine followed by nonsensical typing sorry


Title: Re: less than 20000 btc on got stamp and btc China.. Moon or anchor?
Post by: antimattercrusader on November 07, 2013, 03:55:10 AM
Too many glasses of wine followed by nonsensical typing sorry
:)