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Author Topic: Price drop : bitcoinners happy ?  (Read 8673 times)
tyrexs
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January 18, 2015, 05:37:46 AM
 #101

yes im so happy and im waiting bitcoin under $100  Wink

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January 18, 2015, 05:51:04 AM
 #102

Hello all ,
Why people are happy about the prices drop
I ask a miner he said that he is happy too why ? his profile will drop also

A miner shouldn't be happy in this situatuion. He has to pay maintenance to keep the rigs functioning. The lower the BTC price, the harder it becomes to run a mining rig.

If he was just someone who wanted to purchase BTC with fiat, I would understand that he is happy - cheap coins.
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January 18, 2015, 07:46:07 AM
 #103

I saw two things happen recently:
1. A big increase in difficulty
2. Exchange rates dropping

What this means:
1. It costs more to mine
2. Mines get less fiat for their BTC

At some point it is going to level off, where a large percentage of miners decide it is no longer profitable to mine (we already see this with cex.io/ghash.io). Another large percentage of miners who are still able to mine for a small profit probably because of cheap electricity (we see this with that  large Unknown miner). Over time, the exchange value for BTC will become stable. In my opinion the exchange value will drop to around $100-$150 before that happens. The up & down swings are making too many people nervous, especially large investors.


Big increase in difficulty happened before the drop, currently it's decreasing
bornil267645
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January 19, 2015, 12:49:13 PM
 #104

Not sure about the bit-coiners. but some of the early new are very happy to buy bitcoin at a low price.

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January 19, 2015, 01:30:57 PM
 #105

I don't know why, but I hate this.  Undecided
Maybe anyone who love faucet will happy with this, because the price effect the faucet claim value Cheesy
xmasdobo
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January 20, 2015, 02:33:22 AM
 #106

Not sure about the bit-coiners. but some of the early new are very happy to buy bitcoin at a low price.
I take it as a wealth distribution. Everyone that wanted to get in in mid 2013 has been waiting for something like this to happen. At this point one is risking to wait for too long for that ideal price.
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January 20, 2015, 04:07:12 AM
 #107

Some of don't think Bitcoin is here to take over fiat however we think that Bitcoin has a chance as a token-currency (like loyalty points).

Until Bitcoin gets to fractions of a dollar this won't happen.
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January 20, 2015, 04:13:59 AM
 #108

It looks like it is stable enough where I can purchase some.
Oscilson
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January 20, 2015, 11:43:27 AM
 #109

If the price stays here for long time, then creeps up slowly, then it is good for the bitcoin economy.
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May 25, 2015, 10:38:52 PM
 #110

An investor is a person who allocates capital with the expectation of a future financial return. Types of investments include: equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc.

Bitcoin investors are happy when they get profit, raise or lower the price.


Internet of things.
Fatov
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May 25, 2015, 10:51:54 PM
 #111

like always...
bulls are sad
bears are happy
Profit decides

Fatov was here
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