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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-08-14 Bitcoins are a buy at $50, Richard Bove says
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Author Topic: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says  (Read 997 times)
thezerg (OP)
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August 14, 2013, 09:57:14 PM
 #1
http://blogs.marketwatch.com/thetell/2013/08/14/bitcoins-are-a-buy-at-50-richard-bove-says/?mod=MW_story_latest_news

its showing up in the "latest news" section (in the header) on the front page of marketwatch... click and drive it higher :-)
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August 14, 2013, 10:05:10 PM
 #2
Wow nice.  I doubt he will get the option to enter but nice to see some in the industry realizing Bitcoin isn't going away.
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August 14, 2013, 10:52:33 PM
 #3
Gold is a good buy @ $50 too Grin

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August 15, 2013, 12:00:37 AM
 #4
I love how the $50 comes from nowhere... just like other speculation... so silly.  Bitcoins are a good buy at $100, too... or $150 for that matter... in 5 or 10 years...
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August 15, 2013, 12:02:23 AM
 #5
In that case I'll set my limit order for $51 :p
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August 16, 2013, 07:31:43 AM
 #6
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.
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August 16, 2013, 09:51:18 AM
 #7
Quote from: odolvlobo on August 16, 2013, 07:31:43 AM
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.
Huh "One X is worth $Y" is the standard way of quoting currency/commodity prices, regardless of divisibility or lack thereof.
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August 16, 2013, 10:55:36 AM
 #8
Quote
Bove decided to write about bitcoins after a top New York bank regulator issued subpoenas to several major bitcoin companies and issued a memo on virtual currencies.

I hope there will be enough chickens to panic and dump their "becoming illegal" coins for $50 Smiley
Get ready for some cheap coins soon!
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August 16, 2013, 03:22:24 PM
 #9
Quote from: odolvlobo on August 16, 2013, 07:31:43 AM
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.

What should he have said? "Recently, 1.03527 bitcoins fetched 116.726693 on Mt. Gox."

Obviously he's going to go by the per-unit price.
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August 16, 2013, 03:30:17 PM
 #10
Pretty silly and bland article.

Ofcourse a bitcoin is an awesome buy at 50 bucks. Hell, I'll sell my house and buy 200k euro worth of BTC at $50. Sell them the next day at $100 and buy my house back plus a whole warehouse full of ASICs Smiley
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