Topic: bitcoin target $50 (Read 1108 times)
I contribute the recent selling panic to new articles posted about fed regulations.
loool, even if he sais it should be worth 50 (or whatever number he imagines), how would he make people trade it for 50.
50, you sure? Not 40 or 70?
You completely just made up that number, right?
Anyway, it's a funny article:
You completely just made up that number, right?
Anyway, it's a funny article:
Quote from: Bart Chilton, one of five commissioners at the Commodity Futures Trading Commission
"Here's what I know for sure: we could regulate it if we wanted. That is very clear,"
Uhh, I wonder if mr. Chilton has a proper understanding of what Bitcoin actually is. But I'd definitely love to hear how he plans to regulate Bitcoin, should they choose to do so 
I see $50 as being very rare and having a very small chance of occurring. Though I know that if it does occur, I'll be buying up because in my opinion that is a great deal and BTC are definitely worth buying at that price unless they do something extreme like making the currency illegal.
Quote
(Reuters) - The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be subject to its rules,
I'm seriously confused by "Its Rules". Is this top U.S derivatives regulator, who probably lost people billions of dollars in the market crash of 08', really thinking BitCoin is 'his' to make 'rules with'? Really?
You are not a newbie anymore. Why don't you take your try-to-get-everybody-to-sell game to the speculation sub-forum?
Opinions are like assholes*... You will find plenty of both there.
*everybody has one
50? noooooo
So you have quantified your guess, based on your lack of knowledge and resulting number is $50? How is this supposed to inform anyone?
can't they just ban certain exchange websites, like they did when they stop internet gambling sites
I don't see how they will be able to regulate the price let alone track people to enforce their rules.
hooray
LOL, So they have admitted that bitcoin is a currency. We win!
Price aside, the government regulating cryptocurrencies is not a step in any direction I'd like to head.
below 100$ isn't profitable for big players as MtGox (they got commision depending of how high the price is)
It got close to $50 quite recently didn't it?
100$ now
Never sell your bitcoin under $120 as you can be victim of bear trap.
Start buying if it goes under $100, it's good price.
It will be unique chance to buy cheapest bitcoin in your life if the price goes as low as $50 (which is very unlikely to happen).
Start buying if it goes under $100, it's good price.
It will be unique chance to buy cheapest bitcoin in your life if the price goes as low as $50 (which is very unlikely to happen).
This!
It could always crash to there is a brief moment of panic but dips will be bought.
I'll be adding IF the price moves lower
I'll be adding IF the price moves lower
$50 is possible, but it seems unlikely. Something really dramatic would have to happen to make it drop that far.
Anything is possible, though I think market forces will keep it well above $50 for the immediate future.
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