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Hussarrrrrrrrrrrrr!
Husars and bravos to you sir!
I still have the blues but I am now 0.01 more happy than I was before.
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Would you say that Liverpudlians are naturally happy or naturally miserable, on average.
Just saying. I got the blues.
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There is no reason why something that it is decentralized should not have a volatile price. Of course people can manipulate the price; that's freedom. What they cannot manipulate, crucially, is the maximum money supply.
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I'm a bit grumpy about it to be honest. Also, I do wish I understood it better.
Someone cheer me up.
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Yes, mining shares might not be a bad starting point. Mining could be good but it is very tricky and may not be very profitable.
Good luck.
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Of course. I wish so many things.
One thing I wish is that I had made a greater investment in bitcoins in 2011.
I wish that when I sold a portion of my holding, I did so at a higher price.
I appreciate that you are upset by the current price drop. However, there won't be many on this forum who could not have done better or for whom things could have gone better.
The price will probably go back up and therefore I am not too unhappy. In the long term I think that bitcoins price will go up because of two fundamental factors:
*It is a good idea and there is a need for it in the long term.
*The worlds population is over 6 billion and rising and there will only ever be 21 million bitcoins.
Therefore I think that holding bitcoins over the long term is a good idea.
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Fleabag: I bought this currency when it was around $4. You are asking me to see a price of $79 as some sort of cataclysm??
Why would a price drop to $79 need an excuse. The price was less than that a few months ago. Then it went up. Then it came back down.
"you would have to be a fool to actually invest in something that is intangible, unregulated and any other adjective that would describe the wild wild west." I agree about this point concerning fiat currency but this is a bitcoin forum.
Seriously, why would have to be a fool to invest in bitcoin. Like anything else, some people have made a lot of money investing in bitcoin. If the price is unstable then people have more opportunity to make money. If you are talking about holding bitcoin long term as an asset class then your point is slightly more reasonable.
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A very well considered opinion that.
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If you don't ever think it will even out then you expect the price to drop to zero.
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Nobody knows what the "real" price of bitcoin is. Its price is determined almost entirely by speculative forces.
Finding out the "real" price of bitcoin would be a process of discovery that would take at least decades. The real bitcoin economy would have to grow to a point where it actually mattered in determining the price. Macroeconomic factors such as prices and wages would need to matter.
As long as the price of bitcoin is determined by speculative forces then it is unwise to talk about the "real" price, in my opinion.
I hope we see an unswing in price soon.
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If you buy and hold bitcoin your unlikely to lose. Just hold onto it until the price goes up.
What professional services are you going to offer.
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Any that you could fund with a debit card or UK bank transfer that anyone knows of?
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It always seems difficult to fund these alternative exchanges. I could fund it by SEPA but there's a 1% fee which is horrendus.
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Hi all
I'm just looking for peoples experience with Litecoin exchanges. Which do people feel is the best and do people have any bad experiences that might discourage one from using a particular exchange. The two I am aware of are crypto-trade and BTC-E.
Thanks for your help.
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Can I deposit GBP from a UK bank?
Can I withdraw to a UK bank?
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Having an investment level at £25k might filter out less serious investors but is a barrier to investment by people with more modest resources. £25k is a big punt when there is no guarantee of return.
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I need some action on this issue now friend. I've been patient. Please contact me.
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Like I said its not done yet as a site. I'm just testing the water. I'll put loads of content on it and I'll update it all the time. People can join be in the project, in addition. If people want to contribute content then I'll even give them a share of any donations. That map you mentioned would be awesome.
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