bitcats (OP)
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August 19, 2012, 11:14:08 AM
Last edit: August 19, 2012, 11:25:52 AM by bitcats |
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There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
Not pirate is responsible for the current crash but the amok runners.
Stop the panic!
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"Unser Problem ist nicht ziviler Ungehorsam, unser Problem ist ziviler Gehorsam." - Howard Zinn
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Comodore
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August 19, 2012, 11:16:26 AM |
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Yeah the panic is here. Sell all your bitcoins now.
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ThomasV
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August 19, 2012, 11:16:36 AM |
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There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
Not pirate is responsible for the current crash but the amok runners.
Stop the panic!
why? there's no need to stop the panic, because Bitcoin is still the same awesome, safe and ingenious thing it was last week. the panic does not decrease the value of Bitcoin |
Electrum: the convenience of a web wallet, without the risks
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420
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August 19, 2012, 11:19:50 AM |
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OMG THE DOLLAR JUST GAINED 30% in value as seen from the recent exchange rate vs bitcoins going up!
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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ribuck
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August 19, 2012, 11:22:57 AM |
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Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
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420
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August 19, 2012, 11:25:13 AM |
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Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
+1 thousand |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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drakahn
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August 19, 2012, 11:26:42 AM |
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WHATEVER WE DO, WE CAN'T PANIC! ARRRRRGHGHGHRGHARGHRGRRRHGHGHGHHHH!
No but seriously, we were expecting some downwards motion before pirate announced anything, some guessed a bottom as low as $8, but don't worry, after a quick refuel we will be back on course for the moon
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14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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Electricbees
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We are bees, and we hate you.
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August 19, 2012, 11:29:39 AM |
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Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
Thank you for spelling this right. Seeing too many people spelling it "Panicing" or "Panic-ing." This bothers me.  |
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1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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bitcats (OP)
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August 19, 2012, 11:32:31 AM
Last edit: August 19, 2012, 11:43:37 AM by bitcats |
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Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
Sorry but an exclamation mark and a bold type is definitely no sign of panic  There is a essential difference between deliberate trading and panic trading ! |
"Unser Problem ist nicht ziviler Ungehorsam, unser Problem ist ziviler Gehorsam." - Howard Zinn
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420
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August 19, 2012, 11:33:28 AM |
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Bitcats, your use of large font, exclamation mark and bold type tells me that you're the one panicking. There's no point demanding that others stop panicking if you're panicking yourself.
The price at the exchanges is just the price at which people are trading if they want/need to trade right now. If you don't want/need to trade right now, the exchange price is totally irrelevant to how much a bitcoin is worth to you.
Thank you for spelling this right. Seeing too many people spelling it "Panicing" or "Panic-ing." This bothers me. I'd like the letter 'c' eliminated from the alphabet |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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bitcats (OP)
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August 19, 2012, 11:35:14 AM |
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the panic does not decrease the value of Bitcoin
Good point. Not the value - but the price. |
"Unser Problem ist nicht ziviler Ungehorsam, unser Problem ist ziviler Gehorsam." - Howard Zinn
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420
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August 19, 2012, 02:00:21 PM |
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I'd like the letter 'c' eliminated from the alphabet
Off topic but you might like this: http://www.g3npf.co.uk/humour.htm#euregsSorry for off topic. PANIC, SELL EVERYTHING, WE'RE ALL GONA DIE IN POVERTY!!! Kickass and gives me sorta deja vu but only half ass |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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mobodick
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August 19, 2012, 02:23:03 PM |
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I'd like the letter 'c' eliminated from the alphabet
Off topic but you might like this: http://www.g3npf.co.uk/humour.htm#euregsSorry for off topic. PANIC, SELL EVERYTHING, WE'RE ALL GONA DIE IN POVERTY!!! Wat ist so funny about zet? |
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justusranvier
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August 19, 2012, 02:31:00 PM |
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Who cares about the exchange rate? Just use Bitcoin as a payment processing tool and you don't need to worry about it.
You are adding actual value to the economy by producing products and/or services that other people want to buy instead of hoping to get rich from gambling (speculation), aren't you?
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Maged
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August 19, 2012, 05:57:13 PM |
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There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
That's the problem. It's also "the same awesome, safe and ingenious thing" as it was a few months ago. Why is it a problem if the price goes back to those levels? Ask yourself, what fundamentals (since it seems that's what you believe in) were behind us going up from $5 in the first place? |
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AndrewK
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August 19, 2012, 06:19:04 PM |
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Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
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1K4BacKKdssA5RGzaFx3D4LC9HVXjE2NvS
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FreeMoney
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Strength in numbers
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August 19, 2012, 06:56:46 PM |
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There is no need for panic as Bitcoin is still the same awesome, safe and ingenious thing it was last week.
Not pirate is responsible for the current crash but the amok runners.
Stop the panic!
Also, just as awesome as last month when the price was... about what it is now. |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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Domrada
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August 19, 2012, 07:27:50 PM |
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Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open. |
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istar
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August 19, 2012, 07:49:43 PM |
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Eh... if we break 7 start getting worried... If we get close to 3 I'm buying hand over fist.
I'm sure there are plenty of people, myself included, that would be buying hand over fist *right now* if we didn't have to wait until Monday morning for the banks to open. Thats why this was pulled off right now, so there would be less competition in buying cheap. |
Bitcoins - Because we should not pay to use our money
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Fluttershy
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August 19, 2012, 08:22:00 PM |
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Let the fools panic. The smart people will always profit off them.
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