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Man From The Future (OP)
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June 12, 2011, 12:35:50 PM
Last edit: June 12, 2011, 04:21:19 PM by Man From The Future |
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Topic says it all.  edit:23! |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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kajoman
Newbie
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Activity: 29
Merit: 0
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June 12, 2011, 12:40:00 PM |
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Sweet... Sustainable? I'd love to start using my BTC to shop for my everyday needs, but there is a lack of supply in terms of BTC businesses where I live.. Anyways, hurray!
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Man From The Future (OP)
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June 12, 2011, 12:49:17 PM |
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I'm just waiting for it to hit twenty, so I can make an annoying poster. I've been sure not to mention the b-word, so no comics will turn up, at least!
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kajoman
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Activity: 29
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June 12, 2011, 12:54:33 PM |
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I'm just waiting for it to hit twenty, so I can make an annoying poster. I've been sure not to mention the b-word, so no comics will turn up, at least!
hahaha |
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Bit_Happy
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Activity: 2100
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A Great Time to Start Something!
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June 12, 2011, 01:00:40 PM |
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My post is a negative warning, with a positive message for Bitcoin Health.
Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.
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tysat
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Activity: 966
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Keep it real
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June 12, 2011, 01:06:28 PM |
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My post is a negative warning, with a positive message for Bitcoin Health.
Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.
One can only hope for so much, and that it goes back up... and then back down and back up again! |
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hugolp
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Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
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June 12, 2011, 01:09:02 PM |
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My post is a negative warning, with a positive message for Bitcoin Health.
Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.
Bitcoin is a young project and a small market. Volatility is spected, it should not be a surprise. Only with time and more acceptance will volatility go away. |
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Oldminer
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Activity: 1022
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June 12, 2011, 01:18:54 PM |
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Its $19!! SELL SELL SELL
lol
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w0mbat
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June 12, 2011, 02:08:37 PM |
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i personally think that the real value is much, much higher than right now.
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*** http://btcxc.info/ <-> Your source for everything around trading & mining Bitcoins! *** |
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stick_theman
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June 12, 2011, 02:41:59 PM |
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I was hoping it could correct more so I can back up my truck and load up... Atlas, I took a nap. |
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Goldenmaw
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Activity: 84
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June 12, 2011, 03:29:41 PM |
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Hmmn. I wonder when the next crash will come? Certainly within a week. I'm starting to see a pattern, here. I really ought to start playing the game - I've been strictly a miner up to this point.
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chungenhung
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June 12, 2011, 04:05:06 PM |
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maybe there are some investors taking advantage of this.
I mean, it doesn't' take too much $ to run up or down the price at mtgox
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neptop
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June 12, 2011, 04:24:24 PM |
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Damn, it takes to long to move money.  |
BitCoin address: 1E25UJEbifEejpYh117APmjYSXdLiJUCAZ
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BTCPrizes
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Activity: 28
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June 12, 2011, 04:46:22 PM |
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Don't let the guy who lost his retirement money see this thread. People freak out too easy too fast.
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padrino
Legendary
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Activity: 1428
Merit: 1000
https://www.bitworks.io
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June 12, 2011, 05:08:17 PM |
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Don't let the guy who lost his retirement money see this thread. People freak out too easy too fast.
Lost his retirement money? I suppose I can see the greed take over and then see people get scared, did someone buy in really high and then decide not to wait it out? |
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Shuffle
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Activity: 42
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June 12, 2011, 05:22:11 PM |
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anybody who invested over $600 in btc and sold when it crashed deserves to lose all their money, investing while not knowing anything about how markets work is just plain dumb
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bitstarter
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June 12, 2011, 06:59:10 PM |
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awesome haha |
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finnthecelt
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June 12, 2011, 07:39:19 PM |
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My post is a negative warning, with a positive message for Bitcoin Health.
Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.
Bitcoin is a young project and a small market. Volatility is spected, it should not be a surprise. Only with time and more acceptance will volatility go away. Correct. Volatility will be with us for a looooooooooong time. I think all the coins will need to be mined and then maybe 5+ years after that will need to pass. It's all quite fascinating really. |
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Crazy
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June 12, 2011, 08:44:09 PM |
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I'm upset I didn't have enough liquid capital to dump at the $10-$11 valuation. I must say I'm surprised there was such an early rebound.
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Elon Krusky
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