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Author Topic: Bitcoin is below 250  (Read 1252 times)
thirdprize
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January 13, 2015, 10:58:07 AM
 #21

I have to say that I'm really worried with this negative trend of bitcoin.
This will not inspire others, average users or businesses to join us.
Many other crypto currencies started recently, and becoming popular...
It doesn't look good...

It is probably a good thing in the long run.  The value of Btc is probably about $100.  For no apparent reason it went up to $1000 and has been coming down ever since.  Once it is back to its old price, it will steady off and become a bit more useful.  It is just taking a long time to do it.  Does it matter if 1 Btc is worth $10, $100 or $1000?  As long as it is stable then you don't have to worry about losing money as soon as you convert something to Btc, then people might use it.

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