Bitcoin Forum
April 19, 2024, 11:26:21 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why Bitcoin price will go up  (Read 1992 times)
btcash (OP)
Hero Member
*****
Offline Offline

Activity: 968
Merit: 515



View Profile
August 18, 2012, 09:08:38 PM
 #1

Of course the Bitcoin price will drop xx% on monday but I am pretty sure that it will go up longterm.
The reason is the collapse of Liberty Reserve. Liberty Reserve was the most used payment processor in the shady/grey/dark areas of the internet. Last week they started locking accounts without any reason.
So thousands of dealers/merchants/hyip admins/fraudster/exchangers need a new ecurrency to continue their business. Which ecurrency is better suitable than Bitcoin?

I don't think this will be good for the future of bitcoin but the price will go up and that is for sure.

Information about the current situation of Liberty Reserve:
http://translate.google.com/translate?sl=ru&tl=en&js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fmmgp.ru%2Fshowthread.php%3Ft%3D136356&act=url
http://www.talkgold.com/forum/showthread.php?t=366628


BTW: Aurumxchange stopped exchanging LR.
1713569181
Hero Member
*
Offline Offline

Posts: 1713569181

View Profile Personal Message (Offline)

Ignore
1713569181
Reply with quote  #2

1713569181
Report to moderator
1713569181
Hero Member
*
Offline Offline

Posts: 1713569181

View Profile Personal Message (Offline)

Ignore
1713569181
Reply with quote  #2

1713569181
Report to moderator
1713569181
Hero Member
*
Offline Offline

Posts: 1713569181

View Profile Personal Message (Offline)

Ignore
1713569181
Reply with quote  #2

1713569181
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
drakahn
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
August 18, 2012, 09:09:51 PM
 #2

with just about everyone betting on a price drop on monday i'm half expecting the opposite

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
Tril
Full Member
***
Offline Offline

Activity: 213
Merit: 100


View Profile
August 24, 2012, 02:36:39 PM
 #3

LR responds-

 http://blog.libertyreserve.com/2012/08/maintenance-update_22.html
Yuhfhrh
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
August 24, 2012, 02:46:52 PM
 #4

http://betsofbitco.in/item?id=586
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!