We don't want to spend bitcoins, hey are best saved, that is, used as a store of value.
The price of most alt coins is ridiculously low in terms of bitcoins, so although we would love to buy bitcoins with them doing so at these ridiculously low exchange rates is just a waste of altcoins, better to wait for their price in bitcoins to go up first.
Does talking about them effect their price-in-bitcoins? Hmm, dunno, lets try it and see.
Oh look, bitcoins are going up, no wonder altcoins prices are down, everyone who was able to get a much better price than the currently ridiculous rates for altcoins maybe bought bitcoins with them.
Wow, altcoins are cheap, one could buy up oodles of them for such trivial numbers of bitcoins that I doubt the bitcoin price would even notice. SO maybe my bitcoins will keep going up in value even if I dump a trivial amount of them on some of those ridiculously cheap altcoins...
I know some players look at http://galaxies.mygamesonline.org/digitalisassets.html and figure hey, bitcoin is no longer going down relative to alternatives, maybe bitcoin is the one to be holding right now...
-MarkM-
The price of most alt coins is ridiculously low in terms of bitcoins, so although we would love to buy bitcoins with them doing so at these ridiculously low exchange rates is just a waste of altcoins, better to wait for their price in bitcoins to go up first.
Does talking about them effect their price-in-bitcoins? Hmm, dunno, lets try it and see.
Oh look, bitcoins are going up, no wonder altcoins prices are down, everyone who was able to get a much better price than the currently ridiculous rates for altcoins maybe bought bitcoins with them.
Wow, altcoins are cheap, one could buy up oodles of them for such trivial numbers of bitcoins that I doubt the bitcoin price would even notice. SO maybe my bitcoins will keep going up in value even if I dump a trivial amount of them on some of those ridiculously cheap altcoins...
I know some players look at http://galaxies.mygamesonline.org/digitalisassets.html and figure hey, bitcoin is no longer going down relative to alternatives, maybe bitcoin is the one to be holding right now...
-MarkM-
I was speaking about mining equipment however....
