Hi,
I've been watching the value of BTC drop and it's dropped to the lowest I've seen it in months. What are the general causes of this and will it drop further? Or, once ASIC finally 'hit' the market, and if BTC gets on the exchange, will it smoothen' and will the price rise back to I'm guessing a rough $120 value?
What if PayPal decides to implement BTC?
I personally think now is the time to buy if you aren't getting into mining.
Thoughts?
Cheers,
jmevz
I've been watching the value of BTC drop and it's dropped to the lowest I've seen it in months. What are the general causes of this and will it drop further? Or, once ASIC finally 'hit' the market, and if BTC gets on the exchange, will it smoothen' and will the price rise back to I'm guessing a rough $120 value?
What if PayPal decides to implement BTC?
I personally think now is the time to buy if you aren't getting into mining.
Thoughts?
Cheers,
jmevz
Paypal will never implement Bitcoin. Paypal will never give bitcoin any opportunity to be popular. They will try to destroy it.