Author

Topic: Great comic about the bitcoin market. (Read 942 times)

sr. member
Activity: 434
Merit: 250
100%
June 18, 2011, 06:13:34 PM
#5
:)
member
Activity: 84
Merit: 10
June 12, 2011, 04:34:28 AM
#4
What a market. I sure hope things stabilize. It is certainly a deterrent to try to sell goods and services when the price changes are so dramatic. There literally isnt enough time to take bitcoin and sell it on the market for USD without the possibility of losing 10-20% in the process.



True the volatility is bad, it is to be expected of any new system like this. It will stabilize overtime.

Yes, you could lose 10-20% but you could also gain 10-20%. No risk, no reward.
member
Activity: 75
Merit: 10
June 12, 2011, 04:32:17 AM
#3
What a market. I sure hope things stabilize. It is certainly a deterrent to try to sell goods and services when the price changes are so dramatic. There literally isnt enough time to take bitcoin and sell it on the market for USD without the possibility of losing 10-20% in the process.

donator
Activity: 392
Merit: 252
member
Activity: 84
Merit: 10
June 12, 2011, 04:16:56 AM
#1
Very true Cheesy

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