Topic: we just hit 10 USD (Read 9845 times)
Lol I meant to say low
The reality is bitcoin is NOT gold. it can't be used for anything other than currency. USD can inflate 100 times (against tangible real assets) but it doesn't mean 1 BTC will be worth 100 times of its current value.
no it means that 1 btc will be worth 150 times its current value 
Judging by current price action, it's unlikely. I believe it's heavily overvalued now (until it's been widely adopted by the general public).
Then why is the price so slow?
Define "slow". It was under 8 a little over a month ago.
The reality is bitcoin is NOT gold. it can't be used for anything other than currency. USD can inflate 100 times (against tangible real assets) but it doesn't mean 1 BTC will be worth 100 times of its current value.
no it means that 1 btc will be worth 150 times its current value Judging by current price action, it's unlikely. I believe it's heavily overvalued now (until it's been widely adopted by the general public).
Then why is the price so slow?
The reality is bitcoin is NOT gold. it can't be used for anything other than currency. USD can inflate 100 times (against tangible real assets) but it doesn't mean 1 BTC will be worth 100 times of its current value.
no it means that 1 btc will be worth 150 times its current value Judging by current price action, it's unlikely. I believe it's heavily overvalued now (until it's been widely adopted by the general public).
The reality is bitcoin is NOT gold. it can't be used for anything other than currency. USD can inflate 100 times (against tangible real assets) but it doesn't mean 1 BTC will be worth 100 times of its current value.
no it means that 1 btc will be worth 150 times its current value Judging by current price action, it's unlikely. I believe it's heavily overvalued now (until it's been widely adopted by the general public).
The reality is bitcoin is NOT gold. it can't be used for anything other than currency. USD can inflate 100 times (against tangible real assets) but it doesn't mean 1 BTC will be worth 100 times of its current value.
no it means that 1 btc will be worth 150 times its current value
The reality is bitcoin is NOT gold. it can't be used for anything other than currency. USD can inflate 100 times (against tangible real assets) but it doesn't mean 1 BTC will be worth 100 times of its current value.
[/quote]
If bitcoin truly is as good as gold (as is often claimed on these forums) it should be rocketing up in value right now.
[/quote]
the problem is only a small percentage of the population knows about bitcoin, whereas everyone knows what gold is.......
I don't understand why people are still buying and why people want the price to go DOWN
Do you want to lose money?
If anything buy but push the price UP
+. that's only what i'll plus. this forum stinks so bearish and spreading fear...Do you want to lose money?
If anything buy but push the price UP
PS: obviously, they want to beat price down because they missed the jump-in point for some reason
Maybe they're stating their honest opinion that bitcoins have few uses and so far have been used as a highly speculative investment by most users. In times of trouble (USA/PIIGS at the moment) very risky assets get sold off while investors flock to safety. If bitcoin truly is as good as gold (as is often claimed on these forums) it should be rocketing up in value right now.
Stupid people want prices to go down so they can buy more. Bear in mind that raising prices is harder than bringing it down. Lots of small businesses went down because of this. Thinking that even if they're only making a small profit per item, the volume will make up for it. Then suddenly, competition pops up nearby with the same prices. BAM! Volume is halved.
I don't understand why people are still buying and why people want the price to go DOWN
Do you want to lose money?
If anything buy but push the price UP
+. that's only what i'll plus. this forum stinks so bearish and spreading fear...Do you want to lose money?
If anything buy but push the price UP
PS: obviously, they want to beat price down because they missed the jump-in point for some reason
I don't understand why people are still buying and why people want the price to go DOWN
Do you want to lose money?
If anything buy but push the price UP
Do you want to lose money?
If anything buy but push the price UP
as for me, i'm pretty sure that we won't break 13 USD barrier in short-term. partial buying now seems wise solution to me.
I'll take you up on that. I think $13 will be well ass broken by EOB today.
+1
+2
as for me, i'm pretty sure that we won't break 13 USD barrier in short-term. partial buying now seems wise solution to me.
I'll take you up on that. I think $13 will be well ass broken by EOB today.
where is your God now?
in 1-2 days IMO we don't break 13 USD mark. and if trading will close above 14$ there are obvious signs of mini-rally.
as for me, i'm pretty sure that we won't break 13 USD barrier in short-term. partial buying now seems wise solution to me.
I'll take you up on that. I think $13 will be well ass broken by EOB today.
+1
as for me, i'm pretty sure that we won't break 13 USD barrier in short-term. partial buying now seems wise solution to me.
I'll take you up on that. I think $13 will be well ass broken by EOB today.
as for me, i'm pretty sure that we won't break 13 USD barrier in short-term. partial buying now seems wise solution to me.
I wish we did, Id like some more coins.. If it hits $10 again, I'll be increasing my stash further.
regardless of what the short-term profiteers wail about, I havent seen anything better, or even in the same ballpark come along yet. Unless it does, I'm still confident that BTC have a big future.
Want to sell me some $10 coins ? ;-)
If it hits $10 again, I'll be increasing my stash further.regardless of what the short-term profiteers wail about, I havent seen anything better, or even in the same ballpark come along yet. Unless it does, I'm still confident that BTC have a big future.
Want to sell me some $10 coins ? ;-)
OMG WE JUST HIT $ 10!!!!!!!!!!!!!!!!!!1111111111111111111
There seems to be a lot of hope that Bitcoin could be a serious currency in the future. Even though the price action is explosive the Bitcoin story is just starting to get mass recognition.
Jump to: