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Author Topic: Bitcoin at USD $6.50... is something burning?  (Read 1925 times)
HappyFunnyFoo (OP)
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September 06, 2011, 06:04:30 PM
 #1

<insert cool terran firebat quotes from starcraft here>

Denial phase.. Wink
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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bitcon
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September 06, 2011, 06:26:14 PM
 #2

need a light?
tacotime
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September 06, 2011, 09:54:46 PM
 #3

No, it's going down to what it's probably worth in the mind of speculators.

https://bitcointalk.org/index.php?topic=34978

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
Oldminer
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September 06, 2011, 10:03:57 PM
 #4

The whole fucking house is burning lol

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
Minsc
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September 06, 2011, 10:05:13 PM
 #5

No, it's going down to what it's probably worth in the mind of speculators.

https://bitcointalk.org/index.php?topic=34978


Edward50 has always been right when he's made predictions https://bitcointalk.org/index.php?topic=41925.msg510288#msg510288

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kpriess
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September 06, 2011, 10:49:10 PM
 #6

Let's turn up the heat..
gw4tt
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September 06, 2011, 10:50:03 PM
 #7

$0.10 bitcoins
smoothie
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September 06, 2011, 10:52:48 PM
 #8

$0.10 bitcoins

All the technology is in place for bitcoins to be replaced. Change the source code that is used (alt-chain) and voila.

Plus there are much more bitcoins than the alt-chains. The  supply part is out of whack too.

Bitcoin was a proof-of-concept. Another chain can replace bitcoins, not saying it will happen, but it could.

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mizike29
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September 06, 2011, 11:02:39 PM
 #9

Bitcoins have lost its flame.  Its burning out and burning fast.  Mining is pointless, no one accepts it, no point in using it, takes 4 days to even get money anywhere to buy bitcoins, price is way to unstable to be used realistically were fucked.  Great concept.  Great pyramid scheme for the first guys, now its just a little toy for nerds to play with.

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September 06, 2011, 11:03:27 PM
 #10

Someone put a huge buy wall of about 4000 coins in at 6.66.  HAIL SATAN!

It's down to 3120 coins now, but HAIL SATAN!

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critmass
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September 06, 2011, 11:29:57 PM
 #11

Bitcoins have lost its flame.  Its burning out and burning fast.  Mining is pointless, no one accepts it, no point in using it, takes 4 days to even get money anywhere to buy bitcoins, price is way to unstable to be used realistically were fucked.  Great concept.  Great pyramid scheme for the first guys, now its just a little toy for nerds to play with.
it never anything but a nerd toy
Minsc
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September 06, 2011, 11:31:17 PM
 #12

Oh here's my old post.  I could not find it in search so I had to make a new thread.  6.66 buywall is gone and the price looks like it will fall.

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mizike29
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September 07, 2011, 12:29:22 AM
 #13

Theres only a couple thousand coins available for 8 bux or under, so in the grand scheme of things its a small market and it will drop, rise, drop, rise, back up to 6.8 right now.  All we can hope for is it doesnt hit 5.  If it hits 5, the floor will drop out and everyone will panic and sell, equals crash, bitcoins worthless.

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September 18, 2014, 09:12:17 PM
 #14

...The mindless troll post...


#we'veTalkedAboutThisBefore

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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