Bitcoin Forum

Bitcoin => Press => Topic started by: thezerg on August 14, 2013, 09:57:14 PM



Title: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: thezerg on August 14, 2013, 09:57:14 PM
http://blogs.marketwatch.com/thetell/2013/08/14/bitcoins-are-a-buy-at-50-richard-bove-says/?mod=MW_story_latest_news (http://blogs.marketwatch.com/thetell/2013/08/14/bitcoins-are-a-buy-at-50-richard-bove-says/?mod=MW_story_latest_news)

its showing up in the "latest news" section (in the header) on the front page of marketwatch... click and drive it higher :-)


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: DeathAndTaxes on August 14, 2013, 10:05:10 PM
Wow nice.  I doubt he will get the option to enter but nice to see some in the industry realizing Bitcoin isn't going away.


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: Whtwabbit on August 14, 2013, 10:52:33 PM
Gold is a good buy @ $50 too ;D


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: kjlimo on August 15, 2013, 12:00:37 AM
I love how the $50 comes from nowhere... just like other speculation... so silly.  Bitcoins are a good buy at $100, too... or $150 for that matter... in 5 or 10 years...


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: vokain on August 15, 2013, 12:02:23 AM
In that case I'll set my limit order for $51 :p


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: odolvlobo on August 16, 2013, 07:31:43 AM
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: Foxpup on August 16, 2013, 09:51:18 AM
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.
??? "One X is worth $Y" is the standard way of quoting currency/commodity prices, regardless of divisibility or lack thereof.


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: zeroday on August 16, 2013, 10:55:36 AM
Quote
Bove decided to write about bitcoins after a top New York bank regulator issued subpoenas to several major bitcoin companies and issued a memo on virtual currencies.

I hope there will be enough chickens to panic and dump their "becoming illegal" coins for $50 :)
Get ready for some cheap coins soon!


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: J603 on August 16, 2013, 03:22:24 PM
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.

What should he have said? "Recently, 1.03527 bitcoins fetched 116.726693 on Mt. Gox."

Obviously he's going to go by the per-unit price.


Title: Re: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
Post by: Joerii on August 16, 2013, 03:30:17 PM
Pretty silly and bland article.

Ofcourse a bitcoin is an awesome buy at 50 bucks. Hell, I'll sell my house and buy 200k euro worth of BTC at $50. Sell them the next day at $100 and buy my house back plus a whole warehouse full of ASICs :)