It has been down to the 400's so many times in the last few months. It's a yawnfest.
I took out my original fiat stake when we were at 630, so I am now playing with 'free coins' I made by reading so I care less about the price now. If it goes down to 100 I'll inject some new fiat.
Topic: $473 on bitstamp? WTH! - page 3. (Read 6748 times)
fucking A lol i have 30 bitcoins already now i see the price drop pretty fast should i buy more? and how high will it rebound within a few days or a week? what is the expert speculation?
it's $511 now it has bottomed out. buy as much as you can the whales are going to be in
soon and it will be over $600 in a week
I'm not a Bitcoin maniac, so I'm not gonna say I hate to say it, but I did predict this on March 8th when BTC traded at $620:
We haven't hit rock bottom yet. Bitcoin is doomed. Mark my words.
We got a clairvoyant here! Quickly, sell your bitcoins! Why? Because Mr. Newbie said it's doomsday, mark his words!I'm quite bearish on Bitcoin's short-term price.
Admit it, the current media coverage is quite negative. And there is no outsight of this changing. Quite the contrary, it's only a matter of time until another exchange gets hacked and BTC makes another dive.
Furthermore, we're on the brink of more regulations. And what do you think will happen when, as rumored, part of Mt. Gox coins are released and everyone jumps to the exit?
If there was a valid way to short BTC, buy put options or even buy a CDS on a BTC index, I'd be all over it right now.
Admit it, the current media coverage is quite negative. And there is no outsight of this changing. Quite the contrary, it's only a matter of time until another exchange gets hacked and BTC makes another dive.
Furthermore, we're on the brink of more regulations. And what do you think will happen when, as rumored, part of Mt. Gox coins are released and everyone jumps to the exit?
If there was a valid way to short BTC, buy put options or even buy a CDS on a BTC index, I'd be all over it right now.
We haven't hit rock bottom yet. Bitcoin is doomed. Mark my words.
I smell a FAT bear trap. (I hope). Price will rebound to 540 then stabilize back to the 520 we've seen lately. Just my guess.
I'm not a Bitcoin maniac, so I'm not gonna say I hate to say it, but I did predict this on March 8th when BTC traded at $620:
We haven't hit rock bottom yet. Bitcoin is doomed. Mark my words.
I'm quite bearish on Bitcoin's short-term price.
Admit it, the current media coverage is quite negative. And there is no outsight of this changing. Quite the contrary, it's only a matter of time until another exchange gets hacked and BTC makes another dive.
Furthermore, we're on the brink of more regulations. And what do you think will happen when, as rumored, part of Mt. Gox coins are released and everyone jumps to the exit?
If there was a valid way to short BTC, buy put options or even buy a CDS on a BTC index, I'd be all over it right now.
Admit it, the current media coverage is quite negative. And there is no outsight of this changing. Quite the contrary, it's only a matter of time until another exchange gets hacked and BTC makes another dive.
Furthermore, we're on the brink of more regulations. And what do you think will happen when, as rumored, part of Mt. Gox coins are released and everyone jumps to the exit?
If there was a valid way to short BTC, buy put options or even buy a CDS on a BTC index, I'd be all over it right now.
We haven't hit rock bottom yet. Bitcoin is doomed. Mark my words.
I'm not really bothered even if every government bans Bitcoin. There will always be ways to convert to fiat money or goods and services.
I wouldn't want to be a speculator, though. I expect that the exchange rate will always fluctuate violently.
I wouldn't want to be a speculator, though. I expect that the exchange rate will always fluctuate violently.
There was an article on the web not to long ago about the current method to move lots of money out through human smugglers.
Bitcoin offers an inexpensive way plus family members could be used. I find it hard to believe that BTC will be outlawed given that the wealthy are the main users.
Maybe all these bank rumors are a message that someone high up in a position of authority, wants their cut.
Bitcoin offers an inexpensive way plus family members could be used. I find it hard to believe that BTC will be outlawed given that the wealthy are the main users.
Maybe all these bank rumors are a message that someone high up in a position of authority, wants their cut.
coherent much?
Translation for the small head crowd:
In China there is a great demand for money smugglers. Many close knit organizations exist smuggle money for a cut. Bitcoin offers an inexpensive way to move money around, especially if you have family/relatives working or going to school in the states. Basically BTC offers a capability to move money out of China for the middle class/small business person. This is a big deal. The rumors might be a signal that some one or some organization wants their cut.
I have yet to figure out what "FUD" stands for.
This link explains it very well: http://lmgtfy.com/?q=fud
Oh ho ho! You got me there. I haven't been around this community long so I didn't know if that was the actual meaning around here.
This is going to sound embarrassing i've been buying and selling bitcoins for like over a year now and i've lost track if i'm currently losing money or up any money... i suck with math and there's so many pages of transactions is there a program to import everything into it and see lol.... (yeah this is pretty bad hahaha) any help would be appreciated i use coinbase...
Just look at total: Total USD deposited and withdrawn, then compare that to your current BTC value
Otherwise: http://www.coinreporting.com/ lets you import your trading history and shows nice data
This is going to sound embarrassing i've been buying and selling bitcoins for like over a year now and i've lost track if i'm currently losing money or up any money... i suck with math and there's so many pages of transactions is there a program to import everything into it and see lol.... (yeah this is pretty bad hahaha) any help would be appreciated i use coinbase...
There was an article on the web not to long ago about the current method to move lots of money out through human smugglers.
Bitcoin offers an inexpensive way plus family members could be used. I find it hard to believe that BTC will be outlawed given that the wealthy are the main users.
Maybe all these bank rumors are a message that someone high up in a position of authority, wants their cut.
Bitcoin offers an inexpensive way plus family members could be used. I find it hard to believe that BTC will be outlawed given that the wealthy are the main users.
Maybe all these bank rumors are a message that someone high up in a position of authority, wants their cut.
fucking A lol i have 30 bitcoins already now i see the price drop pretty fast should i buy more? and how high will it rebound within a few days or a week? what is the expert speculation?
will people stop spreading FUD
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
even though the rumors may or may not be true. people are panicking for valid reasons. the rumors are that the banks are going to be forced to close accounts that the largest bitcoine exchanges have.... this would kill the exchanges. with out a bank account to hold their fiat funds. Banks being closed also hurt and ultimately lead to gox collapsing as well (amongst other things).
it is something people should be concerned about. at least in regards to the exchange rate of bitcoin, especially in the short term...... however the people who understand the technology behind bitcoin understand bitcoin is a long term thing and weither china is on board or not the infrastructure around bitcoin will continue to grow and the benefits the technology offers will continue to lead to more adoption across the globe, even if that excludes china.
I have yet to figure out what "FUD" stands for.
This link explains it very well: http://lmgtfy.com/?q=fud
will people stop spreading FUD
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
I have yet to figure out what "FUD" stands for.
will people stop spreading FUD
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
in china the BANKS themselves cannot have bitcoin as part of the BANKS investment portfolio. this has nothing to do with citizens or private investment firms.
469
somebody is going to be very very rich after all this..hopefully the difficulty will drop a bit..
Won't happen
Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON
Ppl cause you will be mining at lost after tx and paper work.
Taxes ? paperwork ? wtf lol
469
somebody is going to be very very rich after all this..hopefully the difficulty will drop a bit..
Won't happen
Why would it happen ? nobody will turn their ASIC off... Why would they ? even if i made a NET 0.1$ per day with mines i'd leave it ON
I think he's hoping some ppl will sell off their stuff and forget bitcoin
I would say that is pretty much a given considering that it isn't the easy money that most people thought that it was.
Stop worrying about fiat exchange price, it's still 3-5 years away from being an accurate speculative representation of the actual utility of this technology.
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