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So what do you think The Manipulator is going to do now with the crash to $2? Will he buy? Will he wait?
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The only thing I'm really worried about, regarding very low prices, is a non-secure hash rate. A price of below $1 could prove to be catastrophic for Bitcoin's technical security because with low hash rates the block chain becomes much easier to attack. This is why I really hope, as a supporter of Bitcoin, that the price doesn't go too low.
Is this certain? I asked in the technical forum once and while I don't understand any of it, it sounded like it didn't matter and the hash rate would have the same security. |
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Tupilak are cursed, but not yet applied to a specific victim. The curse could be activated before shipping, but to whom would I apply the curse? My customers?  The tupilak are the real deal. You basically give the tupilak pieces of your victim so that he can smell and taste your victim and then you set him free. I suspect most people would prefer to keep them in the house as decoration and only activate (and lose) them later. It's up to you. If you prefer, send me pieces of your victim and I (or someone more experienced) will activate them for you; I just hope he doesn't eat his way out of the postal system. So those things can't bring good luck like all the genie rings sold on the metaphysical category of eBay? |
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ElectricMucus, I get bearish when it stagnates. If it was stable, it would move a bit around a range, but move. Stagnating means lack of interest in the coins.
Right now at such an extreme low it looks like it's just about to surge high. I may be wrong and it may crash to $1, but it looks like it's going to go up big. It may take a month. It may take till next Spring, but it's near the sweet bottom.
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Yes but we don't have unlimited money to buy all the coins being dumped.
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I updated the poll and you can change your votes whenever. |
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I think it will be determined by how much the average miner spends: hardware (factoring in free) + electricity (factoring in free). Then take a dollare value based on that. Then cut it in half for a good buy in point.
Because there's a good chance miners won't sell for half what they paid to mine, they'll hold onto the coins. And cutting it in half is because of early adopters who paid less to mine.
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It is very close to the bottom! What we need to figure out is where the bottom price is.
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Cluster2k, that's true. The price is collapsing and it will eventually rise again like the phoenix.
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STABLE =\= BitCoin
The problem is, it never stabilizes, it only stagnates somewhere before a big jump. Stable would be like if it always will jump back to $10 if you wait. So then when it goes below you know it's a good time to buy and when it goes above you know it's a good time to sell. But nope. Nobody knows where it will go and when it stops moving, it just stagnates and you know it eventually will move somewhere bad--either bad for buyers or bad for sellers. |
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They are cursed. Please avoid.  Actually they are not ...yet.  I'll include some instructions with each delivery. Typically, you dig up ancestor (or children) bones, collect some artifact of your specific victim (blood, hair will do) and send them off to sea or deep into a glacier. Real 'activated' curses are difficult to find, because they've typically been buried, lost or drowned along with their victim. The description said they're cursed. So that's just advertising? And are they made of bone? You sometimes suggest it but you also say you can't export it out of Greenland so it sounds like a no. |
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It just seems unnaturally low here, like it's bound to go back up to $5. It may take time for it to happen though. It may fall more first, but it just seems so unnaturally low here. I wish I wasn't broke or I'd buy a lot.
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By law, as long as they don't do anything illegal, they can protest forever.
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Question is: Where is the bottom?
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Both Terra Nova (TV series) and LisaNova (YouTube channel) are highly popular. Both are also rather mediocre. (I think Terra Nova could've had a better plot and Lisa Nova's comedy got dull.)
Anyway, similar names so I am making a poll. Vote please!
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Didn't rally  |
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go aks magicaltux, he can raise the limits of your account. the rules are in place, to prevent laundry. you can also fill out the verification form: https://mtgox.com/forms/verification it will raise your limits. Most people won't put up with that. Right now bitcoins are worth $2 each. They may soon be worth less than $1. It's ridiculous that you want to buy something with bitcoins and then can only withdraw soon to be about $30 from your account. Sure rich speculators may do this, but the average guy buying stuff with bitcoins just simply will go "jeez what a joke!" and not use bitcoins. And so the prices will continue to fall. And the Gox stuff does not stop money laundering since a launderer will just open multiple accounts. |
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I'm glad I got out last month. I do have 0.01 BC sitting in my wallet but that's all I have.
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