Discussion in 'CryptoCurrency' started by whatyoudoingmaan, Jan 4, 2015.
$281 per BTC ? Really ? Unbelievable
If I remember right I sold LTC NXT and DOGE Jan 2014. Bought myself a car, good times. Too bad the market imploded shortly after.
at least bitcoin is still even an option
Too bad for me . Yes
....but you forget what it started at..........
Oh, its was 320 a day ago and now $279.
I hope it bounces back.
It just a level of consumer distrust currently. Security Breaches, Missing Coins, Mining computing power being less distributed. If Bitcoin was a physical bank, would you do business and trust your assets with them ? They are having lot's of problems. I hope they bounce back, I have a lot of faith in the future of cryptocurrencies. If they bounce back and some type of anonymous exchange is created to hide owners from transactions I think they would soar. But until then, I don't know. I'm just glad I got out when the get'n was good..
Most recent almost 19,000 bitcoins got stolen again:
You were invested and got out when the price was high - which is cool - and something a lot of people did. Think they'll come back buying in as long as its so volatile? Nope. No fresh money -> price will fall.
The price is going back up gradually. I personally love BTC and hope it's just temporary issues.
Anyone who enjoys privacy is going to love bitcoin. Still the price could go up but ebay did not budge it so what really is left to make it go up these days? Nothing..
current price 1 btc = 207$ only
$210.7 now -- Its buying time.
I might buy if it goes down to 10$.
I really wish I paid more attention to the whole crypto currency thing. I've got a few bitcoin wallets but man what a mission. I don't even know how to log into them anymore....lol. I did see though that the are are new bitcoin ATM that starting to pop up in the US when I visited there in November last year.....I saw one on Vegas...perhaps if these bit coin ATMS became more accessible and prevalent around the world then it would help the currency gain momentum again and start soaring
Its a market that is really new and unstable and basically any bad things that occurs for bitcoin causes all cryptocurrencies to tank.
I see more merchants taking bitcoin. I know there are a few atm's that spit out cash from bitcoin accounts. We're in a major deflation economy right now, so nothing is taking off.
What is the lowest it has gone so far?
The lower the better to buy cause it will go back up. There is nothing like it and some people like it for their own reasons like using cash or cc to by something.
Bitcoin was overvalued and overhyped, there wasn't enough merchants and still isn't to support a high price.
It's a pump and dump, guys. Just like every other shitty altcoin ever created that followed. Look at the long term graphs. All the same.
It will never recover back to that 1xxx dollar level. Why? Because that was pure manipulation by mt. gox and chinese bots. The euphoria stage is over. Nobody outside of day traders really care about it anymore in the real world.
The only ones hyping it up now are the bagholders hoping for a way out.
It could go to 1,xxx level again, but its going to take years since the amount of merchants needs to get up to the few million range.
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