I would have to claim to have lost a huge amount of money (by my standards) by virtue of not cashing out a bunch during the big run-up.
Missed potential profit doesn't really count as a loss, so I wouldn't worry about it too much. No, I should be able to claim the millions I lost by not investing my life savings at $.01 per BTC and selling at exactly $260 as a loss on my taxes. |
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 Here's a picture of the Campbx's transaction server. Don't stare at it too hard, it might get nervous and freeze up. |
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 Oh Shit! The chart is showing signs of SELL SELL SELL! The letters match up perfectly! |
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My prediction is that it will stabilize around 68-69 tonight, fluctuate ±$3 Saturday and Sunday, and drop by Monday down to low 60's.
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It's all my perception and of course really crazy events aren't included in this scenario, but even with a ban in some countrys it's value won't be zero though.  I agree. Bitcoin is resilient to law. It is not resilient from technology. Any of the largest governments, and even some of the large banks, if they wanted Bitcoin gone, could 51% it. They could 90% it. We are a mote. No mistaking it, we can go to zero. I am optimistic, I think this will not happen, but I also recognize that it might. It will never reach zero, because if it every reaches $.00000000001/ BTC, I'll buy them all lol. |
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Even in America there is no longer such a thing as Freedom of speech And this is Worldwide forum. You are still free to say what you want, just as long as they can listen.  |
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I traded all my bitcoin for cheap USB Block Erupters. I can either keep them to mine if the price of bitcoin goes back up, or dump them on Ebay for a minimum 1.5x profit in USD.
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BTC is unrelated to Precious Metals, but ok.
I'm not an economist by any means, but the reason PMs are deflating is because they were in their own bubble not too long ago, perpetuated by FUD caused by the global recession. During the recession, the value of important currencies like USD and Euro dropped with their respective economies, so investors wanted to hedge their losses by investing in Precious Metals. The price began to rise and rise, so people started buying Gold and Silver not because of their value as a hedge against inflation, but because the spot price was hitting record highs every day. (Trademark sign of a speculative bubble). As the global economy began to improve, investors drew their money out of Gold and Silver to reinvest into the rising stock market. This caused the bubble to deflate.
Bitcoin is dropping in a similar way. The bubble is still deflating.
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I thought they bought in around $14?
They are probably trying to make their investments worth more by improving access to Bitcoin.
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Bots are important for market stability.
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Feeling good about my decision to buy USB Miners for 1BTC and resell for about $180 a piece on ebay this past week!
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Reselling a $1 Humble Bundle for $50? lol
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Decided to delist the item from Bitmit, You can buy it from me directly for $30BTC PM if interested.
Only $2700! What a steal! |
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The lines match up perfectly! It's a sign!!  |
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You will never find someone on here willing to outbid those idiots on Ebay.
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