Post
Topic
Board Economics
Re: Why bitcoins are dropping, and will continue to do so
by
evoorhees
on 18/07/2011, 15:31:16 UTC
Even the most ardent bitcoin booster must wonder whether if it's worth buying bitcoins today at US$12.85 when they could be US$11 tomorrow.


The shortsightedness of some of these comments amazes me. Bitcoin is either worth pennies as a silly tech-geek collectors item, or worth thousands of dollars a piece as the new currency of the internet and international trade. There is not much middle ground, and the true value will be realized over the next 6-24 months.

Trying to ponder whether to sell at $12.85, or $11, or $13.46... so silly!