Post
Topic
Board Economics
Re: Is bitcoin dead?
by
Abiky
on 31/08/2015, 17:33:52 UTC
bitcoin is still standing strong why consider it dead though

because some people here want to buy cheap coins and spread FUD.

Would you imagine Bitcoin's price to lower down to $100? This could all be possible thanks to Bitcoin XT. If that happens, I'll buy a big sum of Bitcoins and hold them for the next increase in price.
If the price of bitcoin increase after 2 years would you keep it? Because anything can happen, so you can't say that you can keep it until the price of bitcoin goes up again.

You do have a point there. I'll just hold them until there's an increase in price (around $1000) and hopefully cash out some coins into fiat. The rest of Bitcoins would be exchanged into Nubits. They're are pegged to the value of USD and thus, it would be a good option just in case Bitcoin's price goes down (I think). Just my opinion.  Roll Eyes

Yea but they are not pegged 100%, because they use a basked with like Peercoin and such.

If you really want a crypto-USD then try BITUSD, that one is really pegged to the dollar!

I know that BitUSD is an BitAsset from Bitshares. But I've never thought of it. As I can see, it is a better option than Nubits (which are not 100% pegged).


what is nubits?  yeah great idea that you will halved your coins and change it into different things such as fiat money and nubits and i don't have idea what is nubits.

Nubits is a crypto coin like Bitcoin. The only difference is that it has price stability which is pegged to the value of fiat.  Smiley