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Title: Bitcoin is approaching its usable value Post by: bitcola on October 26, 2011, 08:09:41 PM I bought it in at 5. Annoyed to see it at $2.50.
This tells me one thing. It is going to go down till it reaches its usable value. Given that hardly anyone trades in it, I see it plumetting all the way to a matter of cents. It won't even be worth a buck. Might sell out my tiny holding tonight. Or use it to buy something - anyone got any ideas where I can splurge it on something actually useful? Title: Re: Bitcoin is approaching its usable value Post by: wobber on October 26, 2011, 08:16:43 PM How much do you want to sell? Go to the trade page of the wiki to find stores.
Title: Re: Bitcoin is approaching its usable value Post by: miscreanity on October 26, 2011, 08:22:39 PM Understanding capital flows (https://bitcointalk.org/index.php?topic=48850.msg594832#msg594832) will help bolster your confidence. Right now, there is very little external wealth flowing into or out of Bitcoin. After a period of time, which looks to be relatively short-lived, there is a high likelihood that Bitcoin will resume its gradual ascent in relation to other currencies that are becoming less desirable.
Patience. Title: Re: Bitcoin is approaching its usable value Post by: bitcola on October 26, 2011, 08:33:38 PM Understanding capital flows (https://bitcointalk.org/index.php?topic=48850.msg594832#msg594832) will help bolster your confidence. Right now, there is very little external wealth flowing into or out of Bitcoin. After a period of time, which looks to be relatively short-lived, there is a high likelihood that Bitcoin will resume its gradual ascent in relation to other currencies that are becoming less desirable. Patience. It can take years for the fundamentals to play out. I don't want to wait years for my 15 bitcoins to be worth $5 each again. Title: Re: Bitcoin is approaching its usable value Post by: cypherdoc on October 26, 2011, 10:08:58 PM Understanding capital flows (https://bitcointalk.org/index.php?topic=48850.msg594832#msg594832) will help bolster your confidence. Right now, there is very little external wealth flowing into or out of Bitcoin. After a period of time, which looks to be relatively short-lived, there is a high likelihood that Bitcoin will resume its gradual ascent in relation to other currencies that are becoming less desirable. Patience. It can take years for the fundamentals to play out. I don't want to wait years for my 15 bitcoins to be worth $5 each again. or it could take 3 mo. Title: Re: Bitcoin is approaching its usable value Post by: gewure on October 27, 2011, 12:48:55 AM I bought it in at 5. Annoyed to see it at $2.50. This tells me one thing. It is going to go down till it reaches its usable value. Given that hardly anyone trades in it, I see it plumetting all the way to a matter of cents. It won't even be worth a buck. Might sell out my tiny holding tonight. Or use it to buy something - anyone got any ideas where I can splurge it on something actually useful? Silkroad. buy some drugs, make yourself happy again ;) Title: Re: Bitcoin is approaching its usable value Post by: adamstgBit on October 27, 2011, 01:40:03 AM check out this site, it lists over 700 bitcoin sites you can buy stuff with
http://www.thebitcoinreview.com/ (http://www.thebitcoinreview.com/) Title: Re: Bitcoin is approaching its usable value Post by: mobodick on October 27, 2011, 04:17:24 PM check out this site, it lists over 700 bitcoin sites you can buy stuff with http://www.thebitcoinreview.com/ (http://www.thebitcoinreview.com/) Yeah, it's realy nice and all, but did you check if the links actually work? I tried one and it sent me to one of those 'parked domain, click here for anything you may think you want' pages. Not a good sign. Title: Re: Bitcoin is approaching its usable value Post by: skilo on October 29, 2011, 10:11:45 PM Its on its way back up again now, at $3.50 as i type this.
I bought in at $14 then sold when it hit $13 as i noticed a drop starting to happen. Then it stabilized at $4 for a while then it dropped to $2 or less but im still in at $4, gonna just hang on a see what happens. |