$486 WOT the hell is going on???????? - page 6.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Denker on November 04, 2015, 11:35:48 AM

Quote from: zimmah on November 04, 2015, 10:19:55 AM

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

But no one will buy at $500 because who spends $500 on a coin really?

/s

One day people have to accept that buying a whole Bitcoin will be very hard and incredibly expensive.I mean who is able to buy a whole bullion of gold just that easy?!
People will have to buy mBTC and later even smaller units.

I think also that this day will come. As the price rises, we will have to learn how to operate in satoshis and honestly, people will not even notice a difference.

Maybe us, older users and early adopters will find this very nostalgic, the use of whole bitcoins but I am sure even we will get over this!

Denker

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Activity: 1442

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Quote from: zimmah on November 04, 2015, 10:19:55 AM

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

But no one will buy at $500 because who spends $500 on a coin really?

/s

One day people have to accept that buying a whole Bitcoin will be very hard and incredibly expensive.I mean who is able to buy a whole bullion of gold just that easy?!
People will have to buy mBTC and later even smaller units.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

I have a crazy theory that this has something to do with the ratio between supply and demand. Grin

BitcoinRepublic

newbie

Activity: 19

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Quote from: Jon Connor on November 04, 2015, 10:56:20 AM

Quote from: zimmah on November 04, 2015, 10:19:55 AM

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

But no one will buy at $500 because who spends $500 on a coin really?

/s

The same people who bought at 1100, 1000, 900, 800, 700, ect. 500 is still a great buy if we are going back to at least our ATH

In 2013, the all time high (£1200) was 24 times of the price before the jump. The bitcoin was around $220 before the jump. The new ATH could be $5000 this time.

Jon Connor

jr. member

Activity: 46

Merit: 1

Quote from: zimmah on November 04, 2015, 10:19:55 AM

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

But no one will buy at $500 because who spends $500 on a coin really?

/s

The same people who bought at 1100, 1000, 900, 800, 700, ect. 500 is still a great buy if we are going back to at least our ATH

chesthing

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Activity: 1414

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China controls the btc price, bad news instant crash good news instant pump. Or so it seems.

TaurusBit

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TaurusBit.com Administrator

Quote from: pawel7777 on November 04, 2015, 08:54:50 AM

Most mainstream mentions of 'blockchain' (or 'blockchain technology) don't involve Bitcoin.

What's the most secure blockchain out there? Shocked

Mhhhm, Bitcoin.

zimmah

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Activity: 1106

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Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

But no one will buy at $500 because who spends $500 on a coin really?

/s

Amph

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Activity: 3248

Merit: 1070

Quote from: God Donut on November 04, 2015, 10:01:47 AM

It looks very much like a bubble right now. There were no big news that could justify such gigantic price spike

how so?

did you look around recently

https://bitcointalksearch.org/topic/china-unofficially-authorizes-bitcoin-1220428

this one alone can be the reason, no need to add the other

there is not much sense to talk about a bubble when the price was very shitty before

gentlemand

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Welt Am Draht

More people are buying than there are selling. Er, that's about it. If there'd been a rise another time there would've been good news somewhere to pin that on too. Good news is a remote player at best. Only bad news gets the job done.

LEONPATTON

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Activity: 170

Merit: 100

Quote from: Hunyadi on November 04, 2015, 08:15:22 AM

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

Exactly!

I fully agree it is undervalued when considering not only the market cap but the entire ECO system surrounding BTC. FACEBOOK is massively overvalued at 200 billion. Its use is limited and it wont last 20 years. Bitcoin will still be around in 20 years and its value will far exceed anything Facebook ever achieved.

God Donut

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It looks very much like a bubble right now. There were no big news that could justify such gigantic price spike

azguard

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Crypto-News.net: News from Crypto World

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

its exploding right now how know on what price will be held cuz price change every minute

r0ach

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Activity: 1260

Merit: 1000

Quote from: pawel7777 on November 04, 2015, 08:54:50 AM

Or maybe I'm just butthurt for selling at ~430 and chances of buying back at 414 look rather pale.

pawel7777

legendary

Activity: 2436

Merit: 1561

It's all moving too fast and definitely looks like a bubble not as steady growth. It will burst eventually, but I hope the new low will settle above $350.

Or maybe I'm just butthurt for selling at ~430 and chances of buying back at 414 look rather pale.

Quote from: Paashaas on November 04, 2015, 08:17:31 AM

Blockchain is on a verge to go mainstream, enjoy the ride!

Most mainstream mentions of 'blockchain' (or 'blockchain technology) don't involve Bitcoin.

Ankara

legendary

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You don't need to be scared, next stop is 1000$. People wait for this time in 2 years. Now what a time to be alive!

DieJohnny

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Quote from: veryscared on November 04, 2015, 08:09:23 AM

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?

self feeding, there need be no real reason behind a bubble, only that there are people that do not want to miss out, and holders that will only exit much higher. New entries for cash, a pop in price, a panic buyer, an optimistic holder = bubble insanity

Paashaas

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Blockchain is on a verge to go mainstream, enjoy the ride!

veryscared

newbie

Activity: 16

Merit: 0

so wot does this mean then china can trade freely with the rest of the world for the not so average joe without being restricted by paypal, mastercard ?? this is an exchange in china yes

Hunyadi

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☑ ♟ ☐ ♚

Quote from: Alley on November 04, 2015, 08:13:16 AM

Bitcoin was heavily undervalued. 1 billion invested in infrastructure. Only 3 billion market cap? You do the math. It was bound to explode.

Exactly!

Topic: $486 WOT the hell is going on???????? - page 6. (Read 7841 times)