bitteriest (OP)
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Activity: 52
Merit: 0
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June 09, 2013, 08:16:32 AM |
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value dropping like a rock....  |
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Come-from-Beyond
Legendary
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Activity: 2142
Merit: 1009
Newbie
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June 09, 2013, 08:18:03 AM |
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value dropping like a rock.... Value or Price? |
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tclo
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June 09, 2013, 08:18:34 AM |
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it was at 87 a few weeks ago and bounced back to 130. I'm sure you said it was "game over" then too. If you say that every time it drops, you will be right eventually but wrong every other time of course.
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bitteriest (OP)
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Activity: 52
Merit: 0
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June 09, 2013, 08:26:19 AM |
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It's been very quite recently as far as it concerns the bitcoin.
After the big headlines in the news papers, the buzz is over.
I don't see many people are trading bitcoin for goods. Most people are just holding their coins so the volumes are low.
I have a feeling it is dieing slowly and quietly.
Correct me if I am wrong.
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worldinacoin
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June 09, 2013, 08:28:02 AM |
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Bitcoin prices drop does not mean game is over. There is a lot of VCs and capital coming into Bitcoin to develop Bitcoin as a payment method. The drop may help others who are waiting at the sidelines to go in and grab some coins themselves.
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rudystyle
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June 09, 2013, 08:35:46 AM |
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Yes I guess the hype is over
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aceking
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June 09, 2013, 08:37:34 AM |
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nice now we can buy cheap and sell higher  |
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96redformula
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June 09, 2013, 08:38:45 AM |
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Hm...seems to have a strong upward trend coming
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wopwop
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June 09, 2013, 08:39:12 AM |
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nice now we can buy cheap and sell higher nop |
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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June 09, 2013, 09:11:02 AM |
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Game over. 3 year old crypto-currency selling for 93 times that of the dollar issued by the worlds largest economy. Run for the hills.
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madamamialin
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Activity: 6
Merit: 0
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June 09, 2013, 09:12:09 AM |
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Wait for it...will buy in when I have some cheap bitcoins  |
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CtrlAltBernanke420
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June 09, 2013, 09:15:42 AM |
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$4/bitcoin is still 4 times that of a dollar. price is arbitrary.
So what is a good price to buy a bitcoin? Obviously 95$ and higher is not a good price to buy at, so what is and why?
Should the price EXPLODE tomorrow, that also does not help its cause.
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wopwop
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June 09, 2013, 09:16:51 AM |
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$4/bitcoin is still 4 times that of a dollar. price is arbitrary.
So what is a good price to buy a bitcoin? Obviously 95$ and higher is not a good price to buy at
where drug trade vs mining costs is in an equilibrium |
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CtrlAltBernanke420
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June 09, 2013, 09:17:53 AM |
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$4/bitcoin is still 4 times that of a dollar. price is arbitrary.
So what is a good price to buy a bitcoin? Obviously 95$ and higher is not a good price to buy at
where drug trade vs mining costs is in an equilibrium Which is? |
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tiberiandusk
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June 09, 2013, 09:19:31 AM |
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Game over? Hahahaha! You're cute.
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CtrlAltBernanke420
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June 09, 2013, 09:32:20 AM |
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it is not game over, but it is not time to buy or hold. based on all the fundamentals, bitcoin is worth A LOT LESS than 94x the dollar. Until oil(or major commodity) is sold for bitcoin, this is a speculative price that has no basis in reality.
I also think a bitcoin can be worth 0 dollars and still not be game over.
1 bitcoin can be worth 1 barrel of oil.
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KSV
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June 09, 2013, 09:42:34 AM |
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it is not game over, but it is not time to buy or hold. based on all the fundamentals, bitcoin is worth A LOT LESS than 94x the dollar. Until oil(or major commodity) is sold for bitcoin, this is a speculative price that has no basis in reality.
I also think a bitcoin can be worth 0 dollars and still not be game over.
1 bitcoin can be worth 1 barrel of oil.
a dollar is worthless. . . a bitcoin is a global currency and is worth way more than 200 dollars. |
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CtrlAltBernanke420
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June 09, 2013, 09:44:24 AM |
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it is not game over, but it is not time to buy or hold. based on all the fundamentals, bitcoin is worth A LOT LESS than 94x the dollar. Until oil(or major commodity) is sold for bitcoin, this is a speculative price that has no basis in reality.
I also think a bitcoin can be worth 0 dollars and still not be game over.
1 bitcoin can be worth 1 barrel of oil.
a dollar is worthless. . . a bitcoin is a global currency and is worth way more than 200 dollars. So WHAT IS IT WORTH?! You will never be able to accurately determine what it is worth, do not even try. Every other answer is just a guess. The honest answer is that you do not know. The number you want will change constantly. The sooner it goes to zero, the more we begin to see what bitcoin really is and if the network allows for the world to trade it like a visa card processes transactions, for now the dollar is worth more because of that. Just imagine being a bug, walking through the lush forest. Have you ever noticed just how many spiders and spiderwebs their are? |
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tiberiandusk
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June 09, 2013, 09:45:17 AM |
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I'm starting to call these dumps "noob scrubs" since they clean out they spineless riffraff. Good riddance I say.
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CtrlAltBernanke420
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June 09, 2013, 09:52:56 AM |
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I'm starting to call these dumps "noob scrubs" since they clean out they spineless riffraff. Good riddance I say.
How did you obtain your bitcoin? Why have some transactions with a .30cent fee attached still take 30+minutes to clear. Granted we get to argue and poke holes at something that is real. |
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