after more crashes then i can count, bitcoin is worth 47$, that is the fair value... deal with it.
High five adam. I knew we'd be back on the same page soon!
Topic: Fair price of bitcoin after a crash - page 2. (Read 5200 times)
We all know what current bitcoin price is artificial. But even a MtGox can't maintain it for a long. Don't know if bitcoin can touch $50 in next several days, but following crash is inevitable.
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
Bearshit
after more crashes then i can count, bitcoin is worth 47$, that is the fair value... deal with it.
It'll never go that low, why not? I'll be buying way before the price goes that low. I suggest you start living with the fact you missed the train back then and it won't come back. We're not in a bubble atm. Hence why price bounces straight up when it 'crashed' in previous weeks.
We all know what current bitcoin price is artificial. But even a MtGox can't maintain it for a long. Don't know if bitcoin can touch $50 in next several days, but following crash is inevitable.
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
Bearshit
Fair price, after a crash, is currently ~$47.
I think that bitcoin has reached a metastable state. It's a bit like an aerogel. Permanently frozen bubbles.
aha, you are working on something releated to Bitcoin?
yes but that's not protocol documentation. but I don't complain, too. the code and testbase are pretty self-documenting
without clean and modular codebase and without documentation of the protocol
Looks like you have a lot of work to do instead of wasting your time here! You know, in bitcoin world whoever complains about something - goes and does it! Or hires programmers to do it. Or stops complaining
aha, you are working on something releated to Bitcoin?
without clean and modular codebase and without documentation of the protocol
Looks like you have a lot of work to do instead of wasting your time here! You know, in bitcoin world whoever complains about something - goes and does it! Or hires programmers to do it. Or stops complaining
without clean and modular codebase and without documentation of the protocol and all dependent stuff all above 1-2$/BTC is overpriced.
https://bitcointalksearch.org/topic/m.1537077
https://bitcointalksearch.org/topic/m.1537077
Poll options are amusing...i guess OP is either trolling or talking their book.
The next crash will be less pronounced than the last one, probably. I think, absent total network failure or widespread adoption of a more advanced cryptocurrency, $4 is the lowest BTC can go, and even that is unlikely. There are already early adopters who have cashed out at least some of their coins and hold significant amount of fiat, and who'll be buying back en masse if the price drops back to single digits.
We all know what current bitcoin price is artificial.
We as in "we, delusional people who have no bitcoins but want to buy at 2009 prices because we also have no balls to accept reality"? Then yes, we all do
But otherwise no, your poll is pathetic. You are trying to hide from facts, which is a thing that leads to insanity quickly. Let me explain in simple terms just how idiotic your poll's proposition is: You are estimating that demand for coins would drop to such low levels, that less than 10 million dollars would be able to buy out all of the coins in existence. There is about 5 times as much dollar money invested in servicing bitcoin economy now; draw a straight line here from fact A to conclusion B. Even a major crash and devaluation of bitcoin following world governments starting to kill any holders of bitcoin on sight, will not be able to go below $2.
So to add an option to your poll that makes a little sense - Fair price of bitcoin after a crash is $30. Accept it.
The exchange rate of bitcoin does not matter for "correct usage". Why do you care about price? You will be able to buy Bitcoins for fiat, and spend on goods/services denominated in that same fiat.
If Bitcoin "takes over", then you will be paid in Bitcoins and not fiat, so exchange rate still doesn't matter. It only matters at the time this theoretical "take over" occurs.
The only reason you could care about price is if you are risking fiat in bitcoin currency speculation.
If Bitcoin "takes over", then you will be paid in Bitcoins and not fiat, so exchange rate still doesn't matter. It only matters at the time this theoretical "take over" occurs.
The only reason you could care about price is if you are risking fiat in bitcoin currency speculation.
Starts a poll with the only options indicating a crash of between 97% and 99.7% of current market price...
How about some other numbers like $10, or $30. Can't believe I am even replying to idiotic drivel like this..
How about some other numbers like $10, or $30. Can't believe I am even replying to idiotic drivel like this..
Mark thread: Extremist Bears Only.
Don't get me wrong. I strongly believe in bitcoin success. In twenty or may be ten years it can reach $50 again. But with current level of volatility it cost nothing.
I think you could be very wrong. But who knows...
We all know what current bitcoin price is artificial. But even a MtGox can't maintain it for a long. Don't know if bitcoin can touch $50 in next several days, but following crash is inevitable.
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
...
Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
Yeah, Nothing has happened in the last two year, which drug-dealer "not use bitcoins" specifically ?Because the real value of bitcoin have not changed in the last two years since bubble begun to grow (come on, even a drug-dealers still not use bitcoins), we are going to the same basic level about 0.8$. So, the question is where exactly it will stop to remain still?
IGNORE, that's what it's for.
A breakage in the Bitcoin client didn't kill the market.
Yes, but why? Was not that warned you? Deep inside your mind, haven't that tells you what something is very wrong with the prices?
Seriously, this is ridiculous. The second major trouble with bitcoin and… nothing happens! Are you believe in BTC holders that much?
By the way, proximity of crash was seen before 12/03. It was inevitable anyway.
No, it makes perfect sense. People are hungry for a value store.
It was actually quite reassuring.
And after each of these corrections, BTC holding has diversified into more hands, right?
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