Bitcoin Forum

I think it will. And no, I'm not going to buy low, I just think that bitcoins is a great idea in a prefect world, but can't fit in an imperfect world.

Did you really need to register a new account and post your first and only post in the wrong forum something which has been brought up more than enough times today alone?

Maybe it will, but i'm no fortuneteller. It's very entertaining right now. I guess, it will fall below, but i may be wrong. If it does, even more sheeps will try to sell their bitcoins, resulting in a even lower price.

Once it does so, there will be a buying a panic.

Agree

I am philosophically against selling Bitcoins, I only buy.

100% agree

I just got done buying a bunch of them.  Market down 30% == BUY, BUY, BUY

I'm buying tomorrow.

I have a sinking feeling that everybody has seen the correlation between weekends and huge drops in price.  Expect heavy buying tomorrow and Monday morning instead of Tuesday like usual.

I got out early at $27 per, hopefully buy back in around 13-15 sometime tomorrow.

What have I told ya, guys?!

It's getting closer and closer to $10

Sometimes the Greater Fool theory works the other way around... Who's the greater fool this time?

Only someone who listens to you :)

Goons.

bump

This weekend dip was insane. How does 18 sound to you? (current price 18.69) Farcry from your projected $10 mondays :p.

Made a mistake at 10.25, thought it was going to drop sub-10's so I kept waiting. Had to buy at 11.9 when the rise was evident, lost $1.65/btc profit eventually at 19.98 sell.

I can honestly say that I have never exchanged a bitcoin for USD ever.  I am philosophically against buying or selling bitcoins with USD.  I only trade them for goods and services.

Then how do you get them in the first place? Either they were gifted or you have mining equipment that you at one time purchased with USD (perhaps before you considered it for mining).

most miners are gamers who bought their computer to game, mining is just a pure profit bonus.

If i wasnt mining i would still have this computer.

It's still a conversion from USD to bitcoins, because you didn't use bitcoins to get the computer.

Or maybe he traded some good or service for them.

No...I didn't buy a computer to game and no I didn't purchase mining equipment.


Bingo.  Honestly, although I'm a big supporter of bitcoin, I am honestly worried about the economy when I see so many posts from people who assume the only way to get bitcoins is through mining or speculative trade for USD.

For most people, mining and buying are the easiest ways to get them.  That will change over time as the market grows.  Penetration is low so far, so it is hard to work for coins directly, because finding people that know about and have coins is still rare.  This will improve.

buying tomorrow ....who would sell bitcoins ? that is just dumb haha ...