Bitcoin Forum
June 29, 2024, 11:01:19 AM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.0
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Other
>
Beginners & Help
>
Bitcoin on CNBC
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Bitcoin on CNBC (Read 542 times)
noob_jul11
(OP)
Member
Offline
Activity: 119
Merit: 100
Bitcoin on CNBC
March 27, 2013, 08:57:21 PM
#1
Just saw this article ...
http://www.cnbc.com/id/100597242
Thought it might be interesting to share it here ...
Tea, Towels, Vogons etc.
Newbie
Offline
Activity: 20
Merit: 0
Re: Bitcoin on CNBC
March 27, 2013, 09:20:21 PM
#2
You know what happens when some new asset gets promoted on CNBC as being "the most remarkable appreciation ever"?
1. It gets dumped by all the big players once Main Street buys into it
2. Once the carnage is over, it gets rebought at bargain prices.
Or, that's how it typically works with the corporate news cycle and Wall St. Personally, I don't see the current prices as being stable enough not to worry about a potential crash...it's in the back of everyone's mind that this thing has blown up way too fast to be sustainable. And the bitcoin confirmation times are certainly showing that the computing power is struggling to keep up with the new transaction volumes. That and Mt. Gox is on some pretty unstable footing right now being able to process it's own trades...
Gator-hex
Hero Member
Offline
Activity: 490
Merit: 500
Re: Bitcoin on CNBC
March 27, 2013, 09:24:07 PM
Last edit: March 27, 2013, 09:43:57 PM by Gator-hex
#3
Quote
"They won't make a sound no matter how many of them you try to toss in a bucket, and you can't pitch them in a fountain and wish for good luck." - Jeff Cox (CNBC)
LOL, he shows a picture of the physical Casascius Bitcoin and then claims it makes no sound and cannot be tossed into a fountain. What an idiot!
"MtGox was.. attacked by the government" - Jim Rickards (Author of Currency Wars/Pentagon currency war games.)
Stealth
Newbie
Offline
Activity: 14
Merit: 0
Re: Bitcoin on CNBC
March 27, 2013, 09:28:52 PM
#4
Send those exchange rates higher... I guess more exposure is good exposure?!
bitrocket
Member
Offline
Activity: 71
Merit: 10
Re: Bitcoin on CNBC
March 27, 2013, 09:31:04 PM
#5
interesting, more mainstream publicity for bitcoin
NEW Rocketpool Giveaway [POOL][DOGE] 10,000 Doge Block Finder Bonus on now:
http://doge.rocketpool.org
>50,000 Dogecoin bounty in blockfinder rewards
Tea, Towels, Vogons etc.
Newbie
Offline
Activity: 20
Merit: 0
Re: Bitcoin on CNBC
March 27, 2013, 09:31:42 PM
#6
Quote from: Stealth on March 27, 2013, 09:28:52 PM
Send those exchange rates higher... I guess more exposure is good exposure?!
Only as long as the system keeps processing the rapid influx of cash...confirmation times are getting pretty slow these days...
noob_jul11
(OP)
Member
Offline
Activity: 119
Merit: 100
Re: Bitcoin on CNBC
March 27, 2013, 09:31:55 PM
#7
Well, I think everyone that is in BTC is in it for a long term. And everyone that is in btc is prepared to lose it all without hurting for money. I am the same ... I enjoy the ride and in btc for the long term.
I cannot remember ... is USD90/btc all time high? Didn't it go to USD300 / btc one time? Or maybe it was a dream .. can't find it
http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zv
robinhood9845
Newbie
Offline
Activity: 7
Merit: 0
Re: Bitcoin on CNBC
March 27, 2013, 09:34:42 PM
#8
Quote from: noob_jul11 on March 27, 2013, 09:31:55 PM
I cannot remember ... is USD90/btc all time high? Didn't it go to USD300 / btc one time? Or maybe it was a dream .. can't find it
http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zv
That must have been a dream, it has never been higher than now.
gochk
Full Member
Offline
Activity: 133
Merit: 100
Re: Bitcoin on CNBC
March 28, 2013, 02:37:01 PM
#9
Quote from: noob_jul11 on March 27, 2013, 09:31:55 PM
Well, I think everyone that is in BTC is in it for a long term. And everyone that is in btc is prepared to lose it all without hurting for money. I am the same ... I enjoy the ride and in btc for the long term.
I cannot remember ... is USD90/btc all time high? Didn't it go to USD300 / btc one time? Or maybe it was a dream .. can't find it
http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zv
lol .. I think it's a dream. It's okay ... we've all been there
Redi
Newbie
Offline
Activity: 14
Merit: 0
Re: Bitcoin on CNBC
March 28, 2013, 02:49:31 PM
#10
There is so much stupidity in discussion under that CNBC post that I can't even...
BBQSauce
Newbie
Offline
Activity: 6
Merit: 0
Re: Bitcoin on CNBC
March 28, 2013, 03:27:12 PM
#11
Interesting. Thanks
Pages: [
1
]
Print
Bitcoin Forum
>
Other
>
Beginners & Help
>
Bitcoin on CNBC
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...