Topic: 376 918 Btc down to $1 - page 2. (Read 3697 times)
If bitcoin is $1, I'm going to buy a lot of coins right away without second thoughts.
All it takes is 376,918 Btc to push price down to $1.25.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
No he cant. Just like selling 400K bitcoins would crash the price, buying back >400K coins will cause a price jump like we've never seen.
All it takes is 376,918 Btc to push price down to $1.25.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
For me the BTC investment are similar to gold investments, this is enough hint to what I would do.Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
The question is: Do you believe in Bitcoin or not?
In my view only ignorant people or very poor, do not own atleast a couple of Bitcoins.
I´m telling you. Never sell all your Bitcoins.
But I´m looking at facts. A currency that might go from $10 to $1 in any minute, at the whim of only one person is a very dangerous place to have to much value in, and such an event would be seen as a confirmation that you should avoid Bitcoin by those who are still in doubt about it.
So what I believe is right now of little importance.
Yeah, it would be a panic alright. A panic to get $$$ on any exchange asap.
All it takes is 376,918 Btc to push price down to $1.25.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
For me the BTC investment are similar to gold investments, this is enough hint to what I would do.Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
The question is: Do you believe in Bitcoin or not?
Sure but all the bad press will hurt Bitcoin for a long time.
It will surely cause some commotion and distress, as would happen with any asset losing nine tenths its value, but Bitcoin is definitely more valuable than $21,000,000 so the true value per coin will always be above $1, and that's not even including USD inflation...
Sure but all the bad press will hurt Bitcoin for a long time.
All it takes is 376,918 Btc to push price down to $1.25.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would men he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would men he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
The informed will buy while the emotional and panicked sell
All it takes is 376,918 Btc to push price down to $1.25.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
Below $1 is just panic.
What if Pirateat40 does just that.
What if that is in his interest to do so?
Maybe he is working on a competitor to Bitcoin ie another micropayment system or payment company.
That would mean he would get plenty of dollars. Now he can buy all those cheap < $1 Bitcoins.
And thus give his interest rate with Bitcoins back to those who invested.
That would also mean he would kept his promise get rich doing so and make Bitcoin look like a joke.
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