Heh, today's cheap coin can be tomorrow's expensive coin
Not that cheap though... Hoping this would go below 200. But support at 235 - 238 is strong with this one.
It can break easily.
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Re: It will drop under 100
by
kutaka
on 05/02/2015, 22:57:00 UTC
He might be right. Marshall will dump hard, also, there is a lot of negative energy around bitcoin in the air. I am not planning to buy at 200$, waiting for 100-125$. Real bottom might be around summer.
While I am pleased to be a participant in the whole Bitcoin experiment (and have a decent chunk), I would be very hesitant to dismiss gold, which has a 5000 year + history as the world's premier store of value.
Bitcoin's future history is quite unproven. Gold will do just fine for many years to come.
Buy and hold both!
Gold as a currency represents hopelessness. We should all hope that gold is used for circuits and electronics instead of money.
Gold is actually something tangible that you can hold. Why does it represent hopelessness? I don't follow your point?
Because it is not very useful for shopping and easy to counterfeit. I also think that it is a shame that people need to store their wealth in gold in XXI century. I like gold... on my woman.
More like, the "back to reality phase" that bitcoin essentially holds no advantages over traditional payment systems aside from some "pseudo anonymity" and really shouldn't be valued more than a couple dollars per coin at best.
Other than it's faster, safer and cheaper than any other payment system, which is huge.
Faster and cheaper? Of course. Safer? Not even remotely. FDIC ensures most people have nothing to worry about when it comes to USD and banking. This industry is ripe with scammers and fly by night companies. Not to mention that with the large mining farms and dedicated TX nodes Bitcoin has become more and more centralized.
Bitcoin was a great experiment. Unfortunately it has a huge flaw in its model - the human element.
There are no scammers outside of bitcoin. Yeah, sure...
NXT is the red-headed stepchild in this crypto space. Learn the history and you'll come to understand why this is so.
The children mocked on the playground are often those that make it later in life, while those that bullied, neglected and laughed, fall to the wayside.
I note that NXT is gaining traction, for example, it's the first time I see people discuss it in the speculation forum. And not just one, several people immediately talk positive about it.
I think I recall hearing that some companies like Overstock.com were actually keeping and not selling at least some of the bitcoin they got from sales. I think the biggest detriment to btc value is the inherent fear and uncertainty caused by the crooks who do various crimes rather it be Mt Gox or just hacking a weak password. There are failures on multiple levels and the responsibility is on the shoulders of users, website managers, business owners, bitcoin devs, etc. But really, if bitcoin were really secure from inception then we wouldn't have any of these problems. Maybe some other currency that is user friendly and secure will supplant bitcoin. It's really not that far fetched even though bitcoin has it's followers it also has pretty severe flaws.
Bitcoin is not secure? Bullshit. Computers are not secure, if you lost control of your computer, do not blame bitcoin, blame yourself. If you lost control of you computer, hacker gets all the data you own, including bitcoin keys if you happen to have them. He also gets your uncle Tom's wedding photos which you kept on the compromised machine, does it make jpg insecure?
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Re: What will you do if bitcoin price fall down to $100 ?
You guys lost credibility calling bitcoin a good buy at 900... You took another chance calling the bottom at 850,800,700,600,500,400....... Now it is just annoying and ridiculous
You guys lost credibility calling bitcoin a good buy at 900... You took another chance calling the bottom at 850,800,700,600,500,400....... Now it is just annoying and ridiculous! x2
Lmao troll forgot to switch accounts and replied to himself!:DDD
Apple certainly won't accept bitcoin, especially not in the near future. They seem quite serious about their Apple Pay system. Bitcoin is pretty much their enemy right now, i would assume.
Microsoft has taken some VERY strange steps lately. They seem to make some big changes, and i really like them. (open source .NET for example) Perhaps this move to bitcoin is another step in their big plan to change their stategy.
I can see google taking the step, but then again, i find google quite hard to predict sometimes.
When I see how many Google-employees are trading Bitcoin privately, I wouldn't be surprised if they build a lobby within the company for supporting BTC....
It does not work that way. They have smart people dedicated to looking for trends and technology opportunities, then they make a decision on higher level. I am pretty sure they have already considered it. They just don't see the potential, plan something on their own or do not think that it will fit their business model. Or just wait to see how it goes before making a decision.
Personally, I think that they are trying to snipe some promising startup, just haven't really finalized anything.
Google is a smart company, they are waiting the perfect moment... Maybe they are accumulating :/
They ar elikely making their own. They will realise late that they dont have the first mover advantage. For example see google plus.
Honestly what does Google do is a big puzzle for me. There are surely many people familiar with bitcoin who work there, I'm pretty sure that some of their technical employees also hold some coins. If they wanted, they would already be in, by buying coins, or more probably, some btc startup. They clearly do not do that, which means they either think that btc is not gonna make it (which worries me) or they plan on making their own (at which they will probably fail like many times they did).
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Re: What will you do if bitcoin price fall down to $100 ?
by
kutaka
on 13/12/2014, 22:23:38 UTC
I have some money prepared for case it falls down to 200$, I have some prepared for 100$. Without going crazy, though.
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Re: permabulls not only lost the control over this section-in fact they are extinct
So we can forget about that Bitcoin ATM, huh? K. We've narrowed our target demographic to under-18 gamer kids, without cash, who make Bitcoin online. That's pretty specific. How many do you suppose that is?
At least 1, as you are paid in bitcoins for trolling.
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Re: the last 3 days price, the huge arb space
by
kutaka
on 08/12/2014, 07:05:00 UTC
BTC-e is too shady for me, I will not eat the risk for one buck per btc.
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Re: ripple shot up.. why?
by
kutaka
on 30/11/2014, 22:26:00 UTC
Are we already in the dump phase?
Nice money could be done on that p'n'd, although too risky for me. I would stay away from Ripple even if I had information about incoming pump, entire coin is too fishy.
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Re: DigiByte Receives $250,000 USD Investment, Opens Global Offices
Re: Volatility, ain't seen nothing yet, 10K to 1M in 1 year???
by
kutaka
on 25/11/2014, 18:42:30 UTC
Anything more than 10k is unsustainable in current mining era. 100k coins? That would be a mining bonanza, I guess Intel ATI and other big players would join.
Just as Bitcoin saw a huge rise in November of 2013 it will see the same in November of 2014 leading into 2015 which will be known as the year of Bitcoin.