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That's easy, it happened with every alternate cryptocurrecny in history.
Essentially it's a shakeout, people who got lots of them are dumping to pick up more of them before the pump. XRP started at 1BTC/50K. But they have the potential to go up further than any coin since they are truly deflationary, are useful and professionaly implemented.
If you were surprised by the course LTC has taken just watch what will happen to XRP.
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Ich würde umfallen vor lachen wenn BFL derweil munter Geräte baut, klammheimlich an einer 51% Attacke arbeitet und dann mit dem Geld der Vorbestellungen den Kurs in die Knie bringt. Dann ein Bankrun auf mtgox, ein Zurückrollen des blockchain über checkpoints und ein angenehmeres Klima in der BTC community für Jahre. Ok ein eher unwahrscheinliches Szenario, was zur Zeit passiert ist ja auch Gold wert.  |
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Linear trendlines and logarithmic trendlines have one thing in common:
They all get broken, the logarithmic ones just sooner.
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Was ich bei dem ganzen Mist nicht verstehe ist:
Wenn du ein Konzept hast, das mit Fiat Geld funktioniert warum nutzt du nicht die zur zeit niedrigen Kreditzinsen aus anstatt hier für ein vielfaches der Rendite nach Geld zu fragen? Selbst mit dem Überziehungsrahmen lässt sich schon einiges machen ohne das du vorher groß der Bank Bescheid geben musst.
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In retrospect is tells you who the real clowns are.  |
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Bitcoin isn't a flawed technology.
It is just not designed to function as a practical system to build a society on. It was meant as a proof of concept and was hijacked by a weird libertarian cargo cult.
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Bitcoin is not a zero sum game!
Only if it lasts forever. If it doesn't it is indeed a zero sum game, it is also a zero sum game over any finite time period. |
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I hope the block reward is 10
Nah, trolls when in groups rarely troll themselves. It will be 1 coin reward most likely |
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How about this one:
If price goes over USD250 first I owe you USD250
If price goes under USD50 first you owe me BTC5
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This is the low.
Do you want to buy any? I have some for sale.
HAHAHAHA |
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A universal answer to such kind of chart is a quesion: Where are we now in the following chart?  It is meaningless to discuss the chart without understanding underlying fundamentals And how is that related to the valuation of bitcoin? |
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Well I guess we have to ask the maker of this template if "valuation" is on a log scale.  The problem is on a log scale that graph spans over 8 magnitudes from the current point. That would make one BTC worth approximately USD 20,000,000,000. Now if somebody comes up with an explanation besides hyperinflation I am all ears. But that wouldn't be "valuation" then. oh btw: don't blink Oh and media attention was the good wife episode. |
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The funniest thing about this is that the template is already so imprinted into your memory that all I have to do is post this one for your brain to associate it with it. Your denial mechanism prevents you from admitting it but subconsciously you can't help it.  Thankfully, the procedure I posted works just as well for this one too (caution: will also disable this exact view at bitcoincharts.com). Ignorance is Bliss |
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no comment |
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The funniest thing about this is that the template is already so imprinted into your memory that all I have to do is post this one for your brain to associate it with it. Your denial mechanism prevents you from admitting it but subconsciously you can't help it. |
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BTC Books, your point?
I made it. All I see is a hint that you don't like me. To actually defend myself from this idiocy: I know little about economics and make use of the things I know, being confused about a subject is a normal process in learning something new. But that doesn't mean that I can't use the things I am comfortable with. Now if you have a problem with that that is your predicament. And if you were interested in the subject at all instead of looking for a fight you would have addressed the other issues I raised of why I think western union will not do something like Bitcoin ATMs. |
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BTC Books, your point? But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
All of that is taken into account by the investors, making the stock price a fairly good indicator of investor confidence in the company. If the investors (who as shareholders, are typically in a good position to know) think the company's circling the drain, they'll want to sell. Just like in bitcoin, a lot of sells tend to push the price down. Of course, there's always the chance that the company could be lying to it's stockholders (see: Enron) but no company is going to claim to be doing worse than they actually are. So, to expand, Price go down = bad; Price go up = good (usually) thanks, that makes sense. |
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But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
Yeah myrkul! What about that - HUH? HUH?Because... I don't know enough about stocks to judge that. I am asking for somebody to educate me what is so hard to understand?  |
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Well the last micro-dip was lower than the previous one so my guess is it'll go down some now.
Trading in this time frame is too risky in any regard anyway.
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I don't know enough about stocks to judge that.
Price go down = bad. thanks!  Seriously it's not that easy - I think. All I know there is more to a stock that the price, like dividends, the way they are payed out, the distribution of shareholders, etc.. What I do know it's not like the price of bitcoin. The biggest thing that could affect a stock's price that wouldn't necessarily show on that chart is a split (1 stock @ $20 becomes 2 @ $10). WU has never split. Dividends are just profits paid out to shareholders at some rate per share. But since WU has never split, It's enough like the BTC price to say "Price go down = bad." But what about those dividends not actually payed out, or reinvested, shares hold internally, or internally reinvested profits not subject to dividends? What I mean by this is: The amount of dividends shoudn't necessarily be fully proportional to the stock price. |
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