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Topic: Bitcoin crash starts today - page 2. (Read 5093 times)

legendary
Activity: 1274
Merit: 1000
December 06, 2013, 05:02:47 PM
#43
I sell now and buy back at 200$
You all should do that too.

HAHAHAHA

So many weak hands in here. Give me your cheap coins, you don't deserve them!


I get cheap coins at 200$, if I dont sell now I cant buy back at 200$
full member
Activity: 201
Merit: 100
December 06, 2013, 05:01:40 PM
#42
I sell now and buy back at 200$
You all should do that too.
I hope that works out for you.  I'm going to hold for now.
hero member
Activity: 784
Merit: 1000
December 06, 2013, 04:53:36 PM
#41
I sell now and buy back at 200$
You all should do that too.

HAHAHAHA

So many weak hands in here. Give me your cheap coins, you don't deserve them!
legendary
Activity: 1274
Merit: 1000
December 06, 2013, 04:44:00 PM
#40
I sell now and buy back at 200$
You all should do that too.
full member
Activity: 195
Merit: 102
DiMS dev team
December 06, 2013, 01:20:32 PM
#39
It seems that the volume of BTC transactions being made for speculation still far outweighs the economic usage of BTC. As long as that's true, volatility will still happen and we will still crash and tumble and spike back up over and over again.

In order for BTC to become a legitimate currency, its non-speculative economy will have to step up and become much bigger than it is now, so that the speculation and volatility becomes less of an issue. There's still a long way to go for that to happen.

Every person that makes your argument misses out on STORE OF VALUE. Who cares about commerce? If me and enough liberbros agree that Bitcoin is better than any savings account we've ever had (which it is) then it can exist at any level just fine.

I don't think store of value will mean anything if there's no commerce behind it. Even gold has inherent usage in non-speculative commerce (jewelry, etc). A savings account that is so volatile that you can never know what it will be worth at any point in time, is not a very good savings account.

I disagree.
I agree with your disagree
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
December 06, 2013, 12:52:31 PM
#38
Hmm... sounds like someone's sour that they missed the boat...

Welcome to bitcointalk.org. Place is full of cryptoplebs slagging off all other coins except the ones they hold. They think they're serious currency traders cos they bought a million bbqcoins and infinitecoins off ebay for $10, and now want to become millionaires because pizza.
sr. member
Activity: 532
Merit: 261
­バカ
December 06, 2013, 12:42:54 PM
#37
Didnt read the news? Baidu and Chinese Telecom dumped the btc option to pay....china is not a real player anymore Smiley

Who the fuck needs China anymore, they've done their part, Wall Street is taking over now  Grin

Anyway, Bitcoin economy is going to suffer without those 1.75 BTC Baidu collected in last few weeks  Cheesy Grin Cheesy

lol when we started going up everybody here was saying "Hey China is panic buying! BUY BUY BUY" and now that there are some problems in China you are like "Who cares about China anyway?..."  Roll Eyes
newbie
Activity: 9
Merit: 0
December 06, 2013, 12:35:31 PM
#36
Hmm... sounds like someone's sour that they missed the boat...
hero member
Activity: 1302
Merit: 502
December 06, 2013, 12:32:53 PM
#35
Yet I'm still 1000% up from when I bought.

I am up more than 10.000% with the last ones I held...  and it will stay there, whatever bitcoin does Smiley

I love you guys! 19200% here, we make this shit possible.
sr. member
Activity: 361
Merit: 250
December 06, 2013, 12:30:18 PM
#34
It seems that the volume of BTC transactions being made for speculation still far outweighs the economic usage of BTC. As long as that's true, volatility will still happen and we will still crash and tumble and spike back up over and over again.

In order for BTC to become a legitimate currency, its non-speculative economy will have to step up and become much bigger than it is now, so that the speculation and volatility becomes less of an issue. There's still a long way to go for that to happen.

Every person that makes your argument misses out on STORE OF VALUE. Who cares about commerce? If me and enough liberbros agree that Bitcoin is better than any savings account we've ever had (which it is) then it can exist at any level just fine.

your store of value has deteriorated by 25% in less than 48 hours. I prefer a fiat saving account over btc at prices in high tripple digits.
Yet I'm still 1000% up from when I bought.

I am up more than 10.000% with the last ones I held...  and it will stay there, whatever bitcoin does Smiley
full member
Activity: 241
Merit: 100
December 06, 2013, 12:26:57 PM
#33
Dont panic just sell BTC!!! Its for your good! In 2090 Year A.D. it will cost only 1ct/BTC!
full member
Activity: 241
Merit: 100
full member
Activity: 201
Merit: 100
December 06, 2013, 12:25:18 PM
#31
The price of bitcoin is now dropping it is now at $945 and going lower and lower

I bet that the price of bitcoin will go to less than $100 before the year ends
Shall we bet then? Let's say 1btc?

LOL.  I see what you did there.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
December 06, 2013, 12:23:10 PM
#30
The price of bitcoin is now dropping it is now at $945 and going lower and lower

I bet that the price of bitcoin will go to less than $100 before the year ends
Shall we bet then? Let's say 1btc?
member
Activity: 112
Merit: 10
Looking to start various enterprises
December 06, 2013, 12:22:20 PM
#29
It seems that the volume of BTC transactions being made for speculation still far outweighs the economic usage of BTC. As long as that's true, volatility will still happen and we will still crash and tumble and spike back up over and over again.

In order for BTC to become a legitimate currency, its non-speculative economy will have to step up and become much bigger than it is now, so that the speculation and volatility becomes less of an issue. There's still a long way to go for that to happen.

Every person that makes your argument misses out on STORE OF VALUE. Who cares about commerce? If me and enough liberbros agree that Bitcoin is better than any savings account we've ever had (which it is) then it can exist at any level just fine.

your store of value has deteriorated by 25% in less than 48 hours. I prefer a fiat saving account over btc at prices in high tripple digits.
Yet I'm still 1000% up from when I bought.
hero member
Activity: 1302
Merit: 502
December 06, 2013, 12:20:49 PM
#28
It seems that the volume of BTC transactions being made for speculation still far outweighs the economic usage of BTC. As long as that's true, volatility will still happen and we will still crash and tumble and spike back up over and over again.

In order for BTC to become a legitimate currency, its non-speculative economy will have to step up and become much bigger than it is now, so that the speculation and volatility becomes less of an issue. There's still a long way to go for that to happen.

Every person that makes your argument misses out on STORE OF VALUE. Who cares about commerce? If me and enough liberbros agree that Bitcoin is better than any savings account we've ever had (which it is) then it can exist at any level just fine.

I don't think store of value will mean anything if there's no commerce behind it. Even gold has inherent usage in non-speculative commerce (jewelry, etc). A savings account that is so volatile that you can never know what it will be worth at any point in time, is not a very good savings account.

I disagree.
member
Activity: 110
Merit: 10
December 06, 2013, 12:18:39 PM
#27
It seems that the volume of BTC transactions being made for speculation still far outweighs the economic usage of BTC. As long as that's true, volatility will still happen and we will still crash and tumble and spike back up over and over again.

In order for BTC to become a legitimate currency, its non-speculative economy will have to step up and become much bigger than it is now, so that the speculation and volatility becomes less of an issue. There's still a long way to go for that to happen.

Every person that makes your argument misses out on STORE OF VALUE. Who cares about commerce? If me and enough liberbros agree that Bitcoin is better than any savings account we've ever had (which it is) then it can exist at any level just fine.

I don't think store of value will mean anything if there's no commerce behind it. Even gold has inherent usage in non-speculative commerce (jewelry, etc). A savings account that is so volatile that you can never know what it will be worth at any point in time, is not a very good savings account.
sr. member
Activity: 361
Merit: 250
December 06, 2013, 12:18:33 PM
#26
It seems that the volume of BTC transactions being made for speculation still far outweighs the economic usage of BTC. As long as that's true, volatility will still happen and we will still crash and tumble and spike back up over and over again.

In order for BTC to become a legitimate currency, its non-speculative economy will have to step up and become much bigger than it is now, so that the speculation and volatility becomes less of an issue. There's still a long way to go for that to happen.

Every person that makes your argument misses out on STORE OF VALUE. Who cares about commerce? If me and enough liberbros agree that Bitcoin is better than any savings account we've ever had (which it is) then it can exist at any level just fine.

your store of value has deteriorated by 25% in less than 48 hours. I prefer a fiat saving account over btc at prices in high tripple digits.
sr. member
Activity: 308
Merit: 251
Giga
December 06, 2013, 12:17:11 PM
#25
hero member
Activity: 658
Merit: 500
Small Red and Bad
December 06, 2013, 12:16:54 PM
#24
Didnt read the news? Baidu and Chinese Telecom dumped the btc option to pay....china is not a real player anymore Smiley

There was never a real "option to pay", people like to exaggerate. First somebody spread fake news that Baidu accepts BTC and everyone rushed to the exchanges, now all i can hear is "china bans BTC" and everyone escapes to fiat. People are sheep, I heard that some sheep got robbed of their btc lately, what a coincidence.
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