deisik
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November 26, 2013, 01:58:25 PM |
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Partly agree, but what about the threat of altcoins and the mental barrier of being able to purchase so little Bitcoin for your dollar? I think this is the biggest barrier for becoming mainstream, making it harder for BTc (or any altcoin) to succeed.
Yes, I also thought of this. My best take on this so far would be to think up some catchy name for, say, 0.001 BTC, so people don't get scared off by the minuscule amount their hard earned dollar represents in Bitcoin...
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Lewis2
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November 26, 2013, 02:33:56 PM |
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Perfect thing would be some kind of stock split, which is impossible. Renaiming has to happen as it is quiet odd to order a coffee for zero point zero zero zero five btc please.
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troy112
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November 26, 2013, 03:17:53 PM |
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There was another guys doing this renaming thing i remember. But to be true milli and micro is by far the best names.
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deisik
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November 26, 2013, 03:50:46 PM |
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There was another guys doing this renaming thing i remember. But to be true milli and micro is by far the best names.
My stance is different because there are many things out there to which milli and micro are applicable. We need some proper name, something like Satoshi, but bigger in scale indeed...
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mattessow
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November 26, 2013, 06:44:42 PM |
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According to Bitcoinwisdom is one bitcoin for around 880 dollars. So it's close enough 900$. And if you look back, there is great development of bitcoin. So to the question if is the end of bitcoin, I answer: absolutely not! I do believe bitcoin will be growing a lot more. But anything could happen... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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donbu7 (OP)
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November 27, 2013, 06:39:35 PM |
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I think now is the end of BTC first it was at 1,040 usd and now is going down like a stone is at $930 in this moment, it will drop to zero today, I am very afraid....
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mattessow
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November 27, 2013, 09:08:02 PM |
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I think now is the end of BTC first it was at 1,040 usd and now is going down like a stone is at $930 in this moment, it will drop to zero today, I am very afraid....
Now it is at 1,050... So don't worry ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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malaimult
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November 28, 2013, 01:28:00 AM |
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I think now is the end of BTC first it was at 1,040 usd and now is going down like a stone is at $930 in this moment, it will drop to zero today, I am very afraid....
Now it is at 1,050... So don't worry ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) it is nice if btc will remain between 900 and 1k.
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theecoinomist
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November 29, 2013, 12:25:30 PM |
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I think now is the end of BTC first it was at 1,040 usd and now is going down like a stone is at $930 in this moment, it will drop to zero today, I am very afraid....
That has to be the weakest hand I've seen..
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donbu7 (OP)
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December 02, 2013, 12:20:30 AM |
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this is the big crash, is down to 900 and keep going dow.... What do we do? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ??
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aspiring
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December 02, 2013, 01:05:11 AM |
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Just hold, it'll come back up pretty soon, we're in the adjustment period of a 9 day cycle, so all good.
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KonstantinosM
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December 02, 2013, 05:59:53 AM |
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this is the big crash, is down to 900 and keep going dow.... What do we do? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?? Obviously you do not panic. Also don't be greedy, seriously, money can't be pulled out of a magic hat with no risk.... In the long-term bitcoin can still go up at least another 10 times (within 4 years). Now we have to switch to using mBTC, especially when dealing with exchange rates.
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Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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niothor
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December 02, 2013, 07:53:33 AM |
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this is the big crash, is down to 900 and keep going dow.... What do we do? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?? Nothing , just we hit the ignore button of people who yell crash crash crash all day.
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laowai80
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December 02, 2013, 08:16:48 AM |
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We just had a mini crash (less than 50%), so what, it's the nature of this market still in its infancy. Mini crashes correct back up in under a few days.
A big crash will happen when there'll be nobody left yelling 'crash, crash soon', instead everybody will be yelling 'buy, buy'. That's when you should expect a big crash.
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Lewis2
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December 02, 2013, 11:30:08 AM |
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Just hold on to your coins and pitty the fools that sold at bottom prices.
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laowai80
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December 02, 2013, 01:43:55 PM |
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Just hold on to your coins and pitty the fools that sold at bottom prices.
Later this week can expect 'I trade it and end up with twice less money than I had before the trade, what am I doing wrong?' kind of threads.
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techstorm2
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December 02, 2013, 06:00:08 PM |
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after been at 900 usd, now is down to 500, is it the end of BTC? I think it could.
What do you think??
Yes it's the end. I will do you a favor and buy your bitcoins for 10 dollars a piece ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I'll give you $11 for them. Lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Dime 7Q3cZtyJemmE8pJsrYgX24mHnkqZX6M6hP BTC 18vbvovBeM5ZTZqR5ZWAy75EXE7qTNipuo Mooncoin 2QgyivUMa7Zun6oPdxeE1yry1aNp5hqrDb LTC Lg3UYGCAe3Tb146PiMqeGNLR7bnjdM447d Doge DPd1XejW8TabJu5gfjyKnuQYQ9Vzw1anXN
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mds_crypt
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December 02, 2013, 07:01:19 PM |
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We adapted to using cents. And then we all got rid of them because they weren't worth anything.
MicroBits and MilliBits.
I think we can get used to it. Heck, call them millis and micros. Or maybe Mews. "Can I have a latte?" - "8 and a half Mews please." .... lol.
I'm totally ready for paying by bitcoin. Have only done it a couple times, but it makes more apparent that my money stash is just numbers. That reality is more apparent in the crypto currrency world. I find it easier to detach myself from it, and be more objective about purchases.
Anyone else reflect on how spending in bitcoin changes how they view wealth? Does it make you feel more like life is a video game?
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I_bitcoin
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December 02, 2013, 07:03:28 PM |
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We adapted to using cents. And then we all got rid of them because they weren't worth anything.
MicroBits and MilliBits.
I think we can get used to it. Heck, call them millis and micros. Or maybe Mews. "Can I have a latte?" - "8 and a half Mews please." .... lol.
I'm totally ready for paying by bitcoin. Have only done it a couple times, but it makes more apparent that my money stash is just numbers. That reality is more apparent in the crypto currrency world. I find it easier to detach myself from it, and be more objective about purchases.
Anyone else reflect on how spending in bitcoin changes how they view wealth? Does it make you feel more like life is a video game?
Go for one syllable. "Mill and Mike"
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No matter where you go, there you are.
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