Mjbmonetarymetals (OP)
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Activity: 1096
Merit: 1067
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August 08, 2011, 12:25:10 AM |
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Is there going to be a major world wide Market crash on Monday ? Could that drive money back into bitcoin ?
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Bitrated user: Mick.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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bb
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Activity: 84
Merit: 10
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August 08, 2011, 12:41:47 AM |
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Maybe. No.
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wumpus
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August 08, 2011, 12:43:48 AM |
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Is there going to be a major world wide Market crash on Monday ? Could that drive money back into bitcoin ?
My crystal ball just malfunctioned. |
Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through File → Backup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts. |
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bb
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August 08, 2011, 12:51:59 AM |
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Is there going to be a major world wide Market crash on Monday ? Could that drive money back into bitcoin ?
My crystal ball just malfunctioned. My crystal ball says you never had a crystal ball. |
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shotgun
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August 08, 2011, 01:00:17 AM |
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um. no, there is not. move along, nothing to see in this thread.
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<luke-jr> Catholics do not believe in freedom of religion.
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Bitman_Begins
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August 08, 2011, 01:07:07 AM |
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LOL BTC ain't gold! Why would the economic situation help our cause?
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bb
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Activity: 84
Merit: 10
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August 08, 2011, 01:07:18 AM |
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Shinobi
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August 08, 2011, 02:12:45 AM |
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LOL BTC ain't gold! Why would the economic situation help our cause?
The loons here think that others are as crazy as they are to view BTC as an investment vehicle. |
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Tasty Champa
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August 08, 2011, 02:14:48 AM |
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I'll buy at 2USD.
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The_JMiner
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August 08, 2011, 02:16:49 AM |
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Yes and US Futures are open and are also down. |
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BitcoinStars.com
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August 08, 2011, 02:24:44 AM |
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Selloff all week would seem standard
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hmblm1245
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August 08, 2011, 02:40:01 AM |
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Is black Monday referring to black Friday (the day after thanksgiving)? That would mean we will all be profitable and not in the red, or black Monday as in death and just a continuation in the decline in price.
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Bitcoin_Silver_Supply
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August 08, 2011, 02:45:19 AM |
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LOL BTC ain't gold! Why would the economic situation help our cause?
It certainly isn't; however, in the case of a US dollar decline (or crash) BTC could become an attractive alternative means of exchange. That said, it is held back by the software/volatility/security issues that this forum has been beating to death over the last month. |
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westkybitcoins
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Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
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August 08, 2011, 05:08:37 AM |
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I'll buy at 2USD.
Who wouldn't? This selloff is an excellent opportunity to acquire more coins. |
Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
... ... In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber... ... ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)... ... The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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