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Author Topic: The Price is crashing people!! get out while you can!!  (Read 7741 times)
ErgoOne
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June 10, 2011, 09:58:40 PM
 #21

I wish I'd logged on and spotted this sooner. Sad  I just installed Bitcoin, but have no bitcoins yet and need to acquire some.  Mining appears to require dedicated machines these days; too much work.  So I have to buy them or figure out something to sell for them...

Pity that none of the auction houses let you pay in bitcoins, or I could auction off the pile of duplicate books that my husband and I need to get rid of. Wink
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str4wm4n
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June 10, 2011, 10:16:18 PM
 #22

open a bitcoin bookstore
ErgoOne
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June 10, 2011, 10:27:58 PM
 #23

Actually, that's an idea....  It would give me somewhere to try this whole thing out, deal with the technical, legal, and financial issues, and not sink too much money or time into it.

<thinking>

onesalt
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June 10, 2011, 10:41:04 PM
 #24

Price back up to $25 already.

Which is 7 dollars less than what it was yesterday.
rezin777
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June 10, 2011, 10:43:56 PM
 #25

Price back up to $25 already.

Which is 7 dollars less than what it was yesterday.

And twice what it was June 3rd.

What's your point?
kiba
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June 10, 2011, 10:44:42 PM
 #26

Did somebody say...the price is crashing?

If so, here's the comic: http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value

Crs
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June 10, 2011, 10:46:00 PM
 #27


If my post has been useful, you might want to donate: 1V7zr2jmQQXS5gv2kKNpUkgG6qmDffTZp
rezin777
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June 10, 2011, 10:46:57 PM
 #28

Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin
ocharry
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June 10, 2011, 10:48:47 PM
 #29

This is a very volatile market. If it were to crash I'd expect it to happen in only a few hours.
vuce
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June 10, 2011, 10:49:57 PM
 #30

Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin
bubble?

http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value
rezin777
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June 10, 2011, 10:50:53 PM
 #31

Did somebody say...the price is crashing?

Kiba, no one said bubble. Sheesh, as if you don't have enough opportunities to link that particular comic. Grin
bubble?

http://bitcoinweekly.com/articles/comic-reaction-after-dramatic-rise-of-bitcoin-s-value

Touché
Man From The Future
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June 10, 2011, 10:53:41 PM
 #32



Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.
SIR, I detect use of both hyperbole and... INCORRECT IMAGE TAGS!

Fixed for you.

TAKE 2!
gigitrix
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June 10, 2011, 11:14:33 PM
 #33

[img=http://i.imgur.com/ks0IA.png][/img]

Seriously, calm down. Markets are about as stable as anti-matter these days, but they have always trended upwards and unless you have reason to think they won't, they'll continue to do so. Justr because the fall from $30 to $20 feels like more than a fall from $1.00 to $0.66, doesn't mean it's not exactly the same. This has happened many times now: you'll just make the daytraders richer if you 'cut your losses' IMHO.
SIR, I detect use of both hyperbole and... INCORRECT IMAGE TAGS!

Fixed for you.

:facepalm: Sorry about that. I don't think I'm being hyperbolic though: if you check the history bitcoin did pretty much the same % "flood crash" on many an occasion. I'm not one of these chart voodooist "everything is cyclical" types, I'm just using the evidence available to me because I don't think the social situation has changed at all.
Man From The Future
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June 10, 2011, 11:18:35 PM
 #34

I successfully unsuccessfully corrected your img tags. Cheesy
TAKE 2
ps: I was referring to "as antimatter". Smiley
Ricochet
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June 11, 2011, 12:15:57 AM
 #35

IT WAS ME...
IM SORRY...


I.... PUT THE SCREW.... IN THE TUNA

You sir win the internets.  Love me some Kenan and Kel.
giszmo
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¡ɥɔʇɐʍ ʇsnɾ &#7


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June 11, 2011, 12:48:06 AM
 #36

bubbles??
http://www.youtube.com/watch?v=ART2V2ICxZI

zhalox
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June 11, 2011, 04:58:30 PM
 #37

Uber crash again today Sad

allinvain
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June 11, 2011, 05:07:18 PM
 #38

OMG not another one of these "the sky is falling" threads! This makes what..4? or 5?

imperi
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June 11, 2011, 05:54:21 PM
 #39

At this rate, we will be seeing negative values in approximately 28.5 hours! Sell everything!!
Man From The Future
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June 11, 2011, 06:01:43 PM
 #40

ar har.... so, based on the definitely correct info from above, I should wait until then and then buy every single bitcoin I can and profit in both USD and bitcoin! Nothing wrong with that idea!
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