Bitcoin Forum

Economy => Speculation => Topic started by: bitcoinsrus on February 21, 2014, 01:24:48 AM



Title: Why are the prices plummeting?
Post by: bitcoinsrus on February 21, 2014, 01:24:48 AM
Why are the prices plummeting?


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: Dragonkiller on February 21, 2014, 01:25:45 AM
overstock did not stop accepting btc


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: sgbett on February 21, 2014, 01:26:11 AM
Perhaps it's this thread! So effect.


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: Tirapon on February 21, 2014, 01:26:32 AM
Price has been dropping.  Is it gox, overstock not accepting btc anymore, russia/china banning
All the above, manipulation etc?

thoughts appreciated

n00bs failing to verify news?


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: pungopete468 on February 21, 2014, 01:33:41 AM
Overstock has 0 risk by dealing with CoinBase...

As long as CoinBase is still operating merchant accounts, Bitcoin will be accepted.


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: proudhon on February 21, 2014, 01:35:37 AM
Ok, I know I've played to it, and made fun of it, but, seriously, too much of this community is really stupid.  lol


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: Ibian on February 21, 2014, 01:36:46 AM
What's the odds that the price is falling because gox is dumping coins? Some of it has to be due to idiots not understanding what's going on, sure, but this much?


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: Walsoraj on February 21, 2014, 01:38:05 AM
Gox isn't crashing. You're looking at the chart upside down.


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: sgbett on February 21, 2014, 01:39:41 AM
Gox isn't crashing. You're looking at the chart upside down.

You win this thread. Marvellous  :D


Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: kireinaha on February 21, 2014, 01:40:26 AM
lol and this is the same community that relishes in scolding journalists for getting facts wrong. i swear at least half the people here are unable to perform a quick google search to verify information relating to their own investments!


Title: Re: Why are the prices plummeting?
Post by: TooDumbForBitcoin on February 21, 2014, 01:51:16 AM
Quote
too much of this community is really stupid.

Quote
i swear at least half the people here are unable to perform a quick google search to verify information relating to their own investments!

Okay, look into the future, either five minutes or five years.  Bitcoin is widely accepted, meaning the intelligence of the average bitcoin user is more or less equal to the intelligence of the average human (use your own language to express what I'm trying to express).

The fact (opinion?) that the intelligence of this community is falling below what would be expected (desired?) from an elite community is an inevitable symptom of widespread adoption of bitcoin, yes?

Or do you want only the smartest x% to adopt bitcoin?



Title: Re: Why are the prices plummeting? Is it due to gox, overstock not accepting btc
Post by: MatTheCat on February 21, 2014, 02:23:46 AM
lol and this is the same community that relishes in scolding journalists for getting facts wrong. i swear at least half the people here are unable to perform a quick google search to verify information relating to their own investments!

Meaning?