Bitconian (OP)
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Activity: 101
Merit: 10
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January 18, 2013, 06:38:39 PM |
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Last night I dreamed that the bitcoin drops to $4/BTC (now it's $15 yay  ) and I saw (in my dreams) many reactions, some sold all their btc because they thought that btc was a failure, some others bought more, some others just held. What would you do if tomorrow the btc is at $4? |
You can make me smile 1GEUEBTm6XfRuqAswrR6LbofnMq6VN5A5P |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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January 18, 2013, 06:43:14 PM |
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You mean absent an obvious reason (like mayor government declares war on bitcoin, a successfull attack or something like that)?
Hell, I would bend over to kiss my lucky ass and buy the hell out of it...
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MJGrae
Full Member
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Activity: 134
Merit: 100
Sold.
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January 18, 2013, 06:44:59 PM |
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I think bitcoin, while still arguably in its infancy, is big enough that it would be able to withstand a massive sell off. I would buy a risk-adjusted amount relative to my risk capital reserves. (i.e. as much as I could possibly afford while still being able to sleep at night)
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TraderTimm
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Activity: 2408
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January 18, 2013, 06:46:08 PM |
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I'd add to my holdings, in a second.
The future isn't the dollar valuation of bitcoin - it is merely possessing bitcoin that will be key.
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fortitudinem multis - catenum regit omnia
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Spaceman_Spiff
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Activity: 1638
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₪``Campaign Manager´´₪
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January 18, 2013, 06:46:15 PM |
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(i.e. as much as I could possibly afford while still being able to sleep at night)
This |
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Ryland R. Taylor-Almanza
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Merit: 1001
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January 18, 2013, 06:52:27 PM |
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I'd add to my holdings, in a second.
The future isn't the dollar valuation of bitcoin - it is merely possessing bitcoin that will be key.
I agree. I don't see why price should indicate whether or not bitcoin has succeeded. |
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SgtSpike
Legendary
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Activity: 1400
Merit: 1005
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January 18, 2013, 06:55:43 PM |
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I'd add to my holdings, in a second.
The future isn't the dollar valuation of bitcoin - it is merely possessing bitcoin that will be key.
I agree. I don't see why price should indicate whether or not bitcoin has succeeded. Because Bitcoin is only successful if lots of people value it, and lots of people valuing it will be reflected in the price. |
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Gabi
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If you want to walk on water, get out of the boat
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January 18, 2013, 07:02:37 PM |
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The same thing we did when it was at 2$  |
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Skirmant
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Activity: 112
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Such is life in crypto paradise
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January 18, 2013, 07:03:18 PM |
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Celebrate  |
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jojo69
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Merit: 4309
diamond-handed zealot
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January 18, 2013, 07:11:42 PM |
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sell house
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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mjc
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January 19, 2013, 03:20:31 AM |
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I would BUY!
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01BTC10
VIP
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Merit: 503
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January 19, 2013, 03:21:51 AM |
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Sell kidney for bitcoin.
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bbit
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Merit: 1000
Bitcoin
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January 19, 2013, 03:47:34 AM |
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I buy all the BTC I can.
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K1773R
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Merit: 1008
/dev/null
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January 19, 2013, 03:48:47 AM |
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I buy all the BTC I can.
same  |
[GPG Public Key]BTC/DVC/TRC/FRC: 1 K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM A K1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: N K1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: L Ki773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: E K1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: b K1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
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bbit
Legendary
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Activity: 1330
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Bitcoin
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January 19, 2013, 03:50:59 AM |
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I buy all the BTC I can.
same Liquid gold! |
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siesatsu
Newbie
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Activity: 28
Merit: 0
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January 19, 2013, 03:53:31 AM |
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I would buy, but be very depressed to learn that my BTC I bought worth 13$ per have devalued so much.
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21after2
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January 19, 2013, 04:01:35 AM |
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I wouldn't buy all I could, but I'd buy a decent amount while I could.
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ElectricMucus
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Merit: 1057
Marketing manager - GO MP
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January 19, 2013, 04:03:32 AM |
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I would wait till it drops to USD parity or lower.
If it were to drop this fast, further devaluation would be almost certain.
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bbit
Legendary
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Merit: 1000
Bitcoin
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January 19, 2013, 04:15:33 AM |
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I would wait till it drops to USD parity or lower.
If it were to drop this fast, further devaluation would be almost certain.
It's like pretty simple for me fiat or bitcoin yeah I think you know the rest.... |
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Poll
