Quote from: monsieur on December 19, 2013, 05:57:00 AM

Quote from: opentoe on December 19, 2013, 05:43:32 AM

Considering BTC is going through a slow crash we may not see those awesome high prices again just a few weeks back. I remember selling 1 coin for $1000. Not it is half that, and my miner isn't making coin any faster. This down trend makes me think twice before dumping any more money into mining hardware. KNC "should" sell their Jupiters for what they were charging for their Saturns, which was $2995. I actually paid the higher original price and then KNC lowered the price on all of us and gave us the middle finger if we asked to be compensated for the difference. Right now preev has it at $550. And now an entire government is trying to ban bitcoin from its own country. This is a real hard time for bitcoin right now, because we are putting basically value on nothing. At least with real money, it is tangible in my pocket. This is the first time I'm feeling pretty bad about the whole industry....I think the global banking world is just too powerful right now for bitcoin and we'll probably never see BTC go over $100 again once it eventually dips that low. Most of bitcoin users hoard their coin anyway. And that's not helping anything. They just can't let it go.

Then on the Jupiters possibly going on sale....I'm sure you noticed that KNC has posted their holiday hours right on their front page recently. This is in preparation to list the Jupiters, because if they are listed anytime before Januray we all know we won't see a delivery until after the New Year, but KNC will be added a few million to their bottom line numbers before the year is out. They wanna go out with a bang apparently.

It was fun while it lasted I guess....

I am not so pessimistic. Way too much money has and is being poured into bitcoin-related businesses and it has very good worldwide exposure. I think of it as facebook of cryptos. Probably not the best, but will be dominant due to overwhelming popularity. So, I am setting aside my 10 btcs and not touching it. If new Jupiters are priced so that I have to dig into that, well then no Jupiter for me.

10 BTCs may not be enough if the drop keeps dropping. You'll need more like 15+ as it what seems to be happening.