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C'mon, bitcoin is barely used as a currency, and being this volatile it isn't even useful as a currency. It's a nice concept, but it obviously wasn't traded as anything else than an investment during the rush.
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Dunno if this is a true warrior:   |
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Ok?  Care to explain? |
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Om den fortsätter svänga så här mycket och krashar gång på gång, så tvivlar jag på att den någonsin kommer tas seriöst.
Vennligst se på versjonsnummeret til den offisielle Bitcoin-klienten. Bitcoin er ikke i versjon 1 enda en gang, selvfølgelig må man regne med litt turbulens  Lol? Referensklienten och Bitcoin-protokollet är två olika saker. Givetvis var det inte klienten som orsakade en krash. |
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Om den fortsätter svänga så här mycket och krashar gång på gång, så tvivlar jag på att den någonsin kommer tas seriöst.
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"spiken i kistan", "jämn stigning ". Sry guys, but you were completely wrong. :-D Blinded by greed? A good lesson nonetheless.
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Verkar som att Cornucopia hade rätt. :-P Det var bara en bubbla.
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A few weeks ago I would have said its a stupid price, but no more. We are automatically comparing a bitcoin with a dollar, and wonder why its so expensive in compassionate. But what if a bitcoin was called a bit kg of gold? Then $240 is cheap - and considering that nobody outside this forum and a few internet sites even knows anything sensible about bitcoin - This could run for at least another 2 years before we get to a point where people stumble. I really can't see anything stopping it going up for at least another 6 months - even if it does slow down a little!  The price of bitcoin is arbitrary. It doesn't really matter if a single bitcoin costed $ 1 or $ 1000. Because that depends only on the number of bitcoins for sale and the demand. The problem is the unmotivated, ridiculous growth of the value. It's not sensible with this current growth rate. |
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Eh, why would you make money for us for free? That is obviously too good to be true and probably a scam. BTW, how hard can it be to trade bitcoin when it only goes upwards anyways?  Who said anything about free?  So, basically, you want people to deposit their money into your site, so you can use their money for the trading? For a fee. Nice way for you to earn money, and at the same time letting the "customers" take the whole risk. |
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it wont hit 250... It'll fly through it!
Yeah, no reason to stop at 250. It obviously has a higher value! |
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$ 240 and it's still April 9th. Seems like the speed is accelerating and like we will reach $ 300 a lot earlier. Great, ehh, right...?
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I do not believe a crash will happen anytime soon. From the market data it appears there is substantial demand and flash crashes are not causing panic selling on a large scale. The small dips are leading to alot of bids, or people trying to get a discount to short term average.
There is a demand from the hoarders. The value bitcoin once had is more or less gone. It has turned into roller coaster for greedy speculators. When they realize that their imaginary, digital numbers isn't worth anything than for trading I predict it will crash. This. Early adopters fleecing late adopters, creating volatility and undermining the bitcoin economy. It's disgusting. I was attracted by the technology behind bitcoin, but it obviously had to get exploited. For a full on crash to happen, EVERY speculator would want to dump all at the same time. There'd have to be a specific reason for this. Like major exchanges getting hacked, or a difficulty spike prevents blocks from being made... as it stands now, a flash crash down to 25 or even 50% would be bought back up by additional speculators easily. You couldn't even call a 50% dip a crash right now, hoarders won't be phased by it and will continue hoarding. The only thing that can create enough of a panic to crash the price is news of a fundamental or potential flaw in bitcoin.
The 0.8.1 required upgrade coming in May could possibly have a bug that would cause this. That's where I'd put my money on the first sign of a crash happening.
It's enough with a few people starting to sell. When the rest see that the price is dipping they will get uneasy, considering all the money they put into the system. Then will not much be needed for a panic to break loose. |
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Seriously, what happened during the last 8 hours that justifies an increase in value with 15 %? Oh, wait, stupid question. It's obviously only greedy speculators that are driving up the price to the heaven.
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How long can this keep on rolling?
The End Is Near  I'm almost starting to hope so. Because this is getting ridiculous, and I don't want to see too many people becoming poor when it crashes. Better to crash sooner than later imo. |
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Until everyone on earth is filthy rich.
It's not a money making machine. Everybody can't get rich. Some people will win, some people will lose. |
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Bitcoin is an amazing piece of technology - anyone can go dig up a tulip bulb this comparison is ridiculous
Tulips are an amazing piece of natural bioengineering, and anyone can go mine a coin. I think this comparison is comparable. The market cap for tulips is currently higher than the market cap for bitcoins. Add daffodils, and roses and we are entering stratospheric prices. And that's discounting the lily and the orchid as a minor players in this market. You are comparing natural resources with a currency. And during the tulips mania the tulips obviously weren't bought for their physical properties, which explains the crash, because people realized that the tulips as products weren't worth the ridiculous price. |
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I do not believe a crash will happen anytime soon. From the market data it appears there is substantial demand and flash crashes are not causing panic selling on a large scale. The small dips are leading to alot of bids, or people trying to get a discount to short term average.
There is a demand from the hoarders. The value bitcoin once had is more or less gone. It has turned into roller coaster for greedy speculators. When they realize that their imaginary, digital numbers isn't worth anything than for trading I predict it will crash. |
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The value has increased with 15 % during the last 8 hours. Isn't that sick? How long can this keep on rolling? It has to stop, right? I just can't wrap my head around this, it feels like madness. It's feels like an increasingly growing train wreck. I mean, there are barely any merchants/sites that even take bitcoin. The number of merchants can't justify the ridiculous value growth, right? I just hope that people don't get broke when the train crashes.
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Price doesnt matter, volatility matters, and in those terms bitcoin is doing worse than ever before.
What do you mean? It's undervalued and hasn't reached its potential. Barely any sites take bitcoins today - so imagine its complete future potential! Of course it will have a incredibly high growth rate considering the huge adoption rate, therefore bitcoin is doing better than ever. |
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The thread is 2 years old... |
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