adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 04, 2015, 04:17:41 PM |
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Only minutes left until a triangle should break either way, my money is on down.
It looked like breaking down, but didn't follow, now breaking up...  LOL i know eh, unbelievable! |
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kromtar
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Activity: 172
Merit: 100
contracorriente
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November 04, 2015, 04:19:07 PM |
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Here we go the next wave...
CCMF!!!!!!!!!!!!!!!
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BitUsher
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Activity: 994
Merit: 1035
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November 04, 2015, 04:19:37 PM |
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So its current price is entirely speculative.
The price of any stock, currency, or commodity is entirely "speculative." That is how markets work. Intrinsic value is dynamic and found within anything of value/utility. Bitcoin has tremendous utility and value and its assets can be considered both the collective IP, userbase, and hardware that supports our ecosystem. In a sane system, stock pay dividends and some worth can be assigned to a company based on actual returns. However, as with so many other things, the government fucked that up and now a company that never returns anything of actual value to its shareholders can go through the roof. This suits the government which needs to find a sinkhole to dump its filthy fiat into. Agreed... but stock owners are speculating on future dividend gains that may or may not be realized when they purchase stock. Just like with bitcoin. But unlike bitcoin, stocks have little use or utility while you own them. A lot of stock doesn't even allow you any voting power. |
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yolalanda
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Activity: 56
Merit: 0
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November 04, 2015, 04:19:45 PM |
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TaurusBit
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Activity: 183
Merit: 100
TaurusBit.com Administrator
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November 04, 2015, 04:20:22 PM |
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Only minutes left until a triangle should break either way, my money is on down.
Wrong again.. Bad time to be an hardcore bear. |
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Richy_T
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Activity: 2604
Merit: 2316
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 04, 2015, 04:22:04 PM |
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So, ya know how YouTube pushes ads at you, right?
No. Adblock. |
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MICRO
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Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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November 04, 2015, 04:22:44 PM |
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Is the November of 2013 repeating itself?  |
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TooDumbForBitcoin
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Activity: 1638
Merit: 1001
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November 04, 2015, 04:22:53 PM |
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Six times the Army of Northern Virginia BTC assaulted the heights of Little Round Top 500. Six times the 20th Maine 500 repelled them.
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Richy_T
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Activity: 2604
Merit: 2316
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 04, 2015, 04:24:06 PM |
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Agreed... but stock owners are speculating on future dividend gains that may or may not be realized when they purchase stock.
This is true. There are no guarantees in life. |
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Asrael999
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November 04, 2015, 04:24:40 PM |
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So its current price is entirely speculative.
The price of any stock, currency, or commodity is entirely "speculative." That is how markets work. Intrinsic value is dynamic and found within anything of value/utility. Bitcoin has tremendous utility and value and its assets can be considered both the collective IP, userbase, and hardware that supports our ecosystem. In a sane system, stock pay dividends and some worth can be assigned to a company based on actual returns. However, as with so many other things, the government fucked that up and now a company that never returns anything of actual value to its shareholders can go through the roof. This suits the government which needs to find a sinkhole to dump its filthy fiat into. Agreed... but stock owners are speculating on future dividend gains that may or may not be realized when they purchase stock. Just like with bitcoin. But unlike bitcoin, stocks have little use or utility while you own them. A lot of stock doesn't even allow you any voting power. Owning a bitcoin is more like owning a royalty dividend on the intellectual property of the blockchain, than owning a stock. The more things the blockchain is used for the more your royalty payment should be worth. Value of bitcoin today = NPV of the value of all the fees on all the future transactions. Bitcoin traders are in effect speculating on future volumes of transactions and speed of adoption. One could argue that recent positive coverage and investment might significantly increase speed of adoption - which would lead to a real reason for a rising price. |
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brg444
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November 04, 2015, 04:24:56 PM |
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Six times the Army of Northern Virginia BTC assaulted the heights of Little Round Top 500. Six times the 20th Maine 500 repelled them.
There's a bunch of bid over 500$ over at $GBTC Soon it will be history. |
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Richy_T
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Activity: 2604
Merit: 2316
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 04, 2015, 04:25:27 PM |
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Bout time to break out a rpi and spare monitor and have bitcoinity going full-screen I reckon.
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Meuh6879
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Activity: 1512
Merit: 1012
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November 04, 2015, 04:25:35 PM |
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There are no guarantees in life.
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inca
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Activity: 1176
Merit: 1000
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November 04, 2015, 04:25:55 PM |
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Is the November of 2013 repeating itself? Remember remember the 5th of Novemb ar!  Great name for a bitcoin bar |
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ImI
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Activity: 1946
Merit: 1019
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November 04, 2015, 04:26:57 PM |
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  (you know what comes next) hey, yolanda please post that 280$ gif! will you? |
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TooDumbForBitcoin
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Activity: 1638
Merit: 1001
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November 04, 2015, 04:28:04 PM |
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Over at polo, people putting coin back into the ETH POT, which signals THE TOP for btc.
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gentlemand
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Activity: 2590
Merit: 3015
Welt Am Draht
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November 04, 2015, 04:29:33 PM |
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Over at polo, people putting coin back into the ETH POT, which signals THE TOP for btc.
Boy, we'd better tell China so they can pack up and go home. |
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peonminer
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November 04, 2015, 04:30:32 PM |
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Over at polo, people putting coin back into the ETH POT, which signals THE TOP for btc.
Boy, we'd better tell China so they can pack up and go home. That BTC price has these bears feelin https://youtu.be/-KKbdErJkiY |
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