Is it the end of BTC???

[deisik]

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...

[Lewis2]

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.

[troy112]

There was another guys doing this renaming thing i remember. But to be true milli and micro is by far the best names.

[deisik]

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...

[mattessow]

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...

[donbu7]

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....

[mattessow]

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

[malaimult]

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

it is nice if btc will remain between 900 and 1k.

[aylwood]

This is the end
Beautiful friend
This is the end
My only friend, the end

http://www.youtube.com/watch?v=MJNsQPRSWpY

(not)

[theecoinomist]

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..

[donbu7]

this is the big crash, is down to 900 and keep going dow....

What do we do???

[aspiring]

Just hold, it'll come back up pretty soon, we're in the adjustment period of a 9 day cycle, so all good.

[KonstantinosM]

this is the big crash, is down to 900 and keep going dow....

What do we do???

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.

[niothor]

this is the big crash, is down to 900 and keep going dow....

What do we do???

Nothing , just we hit the ignore button of people who yell crash crash crash all day.

[laowai80]

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.

[Lewis2]

Just hold on to your coins and pitty the fools that sold at bottom prices.

[laowai80]

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.

[techstorm2]

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 

I'll give you $11 for them. Lol

[mds_crypt]

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?

[I_bitcoin]

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"