That poll was posted when bitcoins were 150-170, I believe so maybe those numbers were realistic, but right now we are looking at bitcoins at 65.
I think they will climb above 100 again but it might take more than a week. There is likely to be a crash tonight though, when mtgox comes back up.
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MtGox halted trading for 12 hours, so 120 was the last trade.
The real price is about 60-65 right now.
Great time to buy.
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I was gonna panic sell but I've since changed and I'm gonna panic buy. Wish I had more dollars on gox right now though.
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Long term bull here. Prices will rebound slightly and then rise steadily. I'm buying when mtgox comes back up.
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Aftter some though, I decided to buy when the exchange comes back on.
I don't care if it is dropping, I beieve it will recover in the next month. Maybe not to $265, but 100's at least.
If not, I am looking long term. Bitcoin is not dead.
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I bought 10 coins at 238.
But I had also bought 750 coins at 10 and 17 so I'm still not too upset.
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Ugh, yeah I had 20 times proft at 265 and that was actually my target price to sell but I didn't sell in time that fateful morning. Now it looks like I'm down to...nothing. I anticipate a huge crash when mtgox comes back. I think a lot of people are getting out of bitcoin for good. I'm not selling now though, whats the point. I might actually buy more. And hold on to them for the long haul.
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Bought 10 coins at $238 thinking I was getting them "cheap", then another 40 coins at 126 during the second dip.
Since I had sold 50 coins yesterday at 199, I have the exact same number of coins now, but I have an extra 1k in cash so I am slightly better off presently at 175 if I had not bought any.
At worst point I had lost 100k today from the high at 265. Presently I'm down 65k or so from the high, but I prefer to think of it as up 125k from my 10k investment.
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I think this is good news. Not a DOS and them adding servers will alleviate fears that this could happen again.
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You might sleep a long time.
But asia was asleep for this. Maybe they won't realize what happened and continue buying....
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Stabilize a little under $200 today and steady growth over the next few weeks.
Not the ridiculous growth we saw the past few days, but even growth hitting $250 or $275 by June 1.
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There likely was a DOS, a massive one. That triggered panic selling that caused the bubble to burst. The more bitcoin went up, the more people were worried about it and it only took a DOS to start panic selling.
I think people are going to be more wary of bitcoin until there are more exchanges out there that deal with more volume. I saw in the news a startup was just funded to launch one. Hopefully they can get it up and running quickly.
I don't think this is the end of bitcoin, I think we will bounce back, but we might not see $250 again for a bit.
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This happens everytime the mt gox lag goes up. I'm betting it will rebound in the next 12 - 24 hours once the lag clears. It's possible it is another DDOS attack as the trade volume is not high enough to explain the lag.
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You need to get verified to withdraw more that $1,000 per day and $10,000 per month.
I noticed you need a copy of an id and utility bill with an "apostille". I'm wondering how hard this is to get in the United States. Do you actually have to go to your local state government secretary of state's office or can you get this done by a notary, say, at a bank?
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Gold is more durable that bitcoins.
Very little gold is every lost. 22k gold coins are rather robust and 24k gold bars aren't bad either. Gold doesn't rust or tarnish and isn't too difficult to separate it from other metals (for example, extracting it from jewelry).
Bitcoin is vulnerable to hard drive crashes, forgotten passwords and internet theft. There are viruses out there that look for bitcoin wallets, key log until they see the password and then send the wallet out. You could turn on your computer to find all the bitcoins are gone and there is no way to get them back (since bitcoin is anonymous). There have been several high profile security breaches on online exchanges and wallets. The police will be no help recovering bitcoins (though they may help you recover gold).
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I was sleeping but bitcoinity, which was still open on my computer in my bedroom starting playing some music or something and woke me up. I freaked out, where was that music coming from!
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Most moden economist won't accept a deflationary currency. They believe that inflation is necessary to stimulate investing and thus the economy. The governemtns won't go for it because they can't control it.
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No you would not need to declare capital gains because you are not converting into dollars.
this is wrong. please stop perpetuating this uninformed myth. tax on capital gains is realized upon any disposition of capital assets, except where there is a specific exception (as for gifts, for example). you are making uninformed assumptions about how the united states tax code works. It actually depends. If the money you have is in a foreign currency for personal use and you use it to pay for goods and services you don't owe taxes on the appreciation. I don't really understand exactly how it works but basically you don't owe taxes if you are spending foreign currency when traveling and that currency appreciates. I'm trying to figure out whether this could be true for bitcoin too.
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Have you received your gold yet I_Wanna_Ride?
I ordered from coinabul very recently (just a tiny bit) and I'm a little worried.
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I'm looking into using coinabul to purchase some gold with my bitcoins and I'm wondering what the typical turnaround time is from ordering to shipping from people who have used them before.
I am located in the US and I plan on buying 1 ounce credit suisse gold bars.
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