$300 Bitcoin

Discussion in 'Digital Currencies' started by aleks, Apr 9, 2013.

  1. aleks

    aleks Well-Known Member Silver Stacker

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    wow big dumps, down to $225
     
  2. Lead Chucka

    Lead Chucka Member

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    Yeah, next stop should be about 215 on bitfinex
     
  3. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    Been watching it get smashed today? Any reasons?
     
  4. aleks

    aleks Well-Known Member Silver Stacker

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    $145 on houbi
     
  5. aleks

    aleks Well-Known Member Silver Stacker

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    Silversales call from a while ago is now close enough that makes no difference
     
  6. goldpelican

    goldpelican Administrator Staff Member

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    Currently around $190 USD on most exchanges - Bitstamp touched $152 before recovering 30% in value. If it gets under $100 it will be very interesting.

    Money to be made in this volatility if you've got the risk appetite to day trade it (or more relevantly, minute trade it!).
     
  7. Argentum

    Argentum Well-Known Member

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    its funny it took really of when precious metals started going down, it would be interesting if it went down to i dont know $5 and for precious metals to restart their rise
     
  8. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Giveth the decreasing returns on mining and the low prices you have to wonder about bitcoins future. It's utility hasn't really increased, tor nodes being owned isn't going to help, projects to bring bc to the masses like the bc atm fizzling out and laws preventing it's use in physical wallets being enforced...does it really have a future?

    That's before you mention the exchange hacks abs user extortions.

    I think it will be around for a long while and has genuine utility but are there any reasons on the horizon for the price to bottom any time in the near future? What stops the price going to $10? Scarcity isn't really doing it.

    Really not trying to attack bc, I'm genuinely interested in knowing what people who follow it think.
     
  9. Golightly

    Golightly Well-Known Member Silver Stacker

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    Well you could all sell your btc to me now?? I'm in the market for a few :)
     
  10. Altima

    Altima Well-Known Member Silver Stacker

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    At the price before the drop? :p
     
  11. aleks

    aleks Well-Known Member Silver Stacker

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    Send money to an exchange???


    100K silk road coins will apparently be auctioned in the first quarter of 2015
     
  12. Altima

    Altima Well-Known Member Silver Stacker

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    Hey look at the bright side. If you came in 2 years ago you're still in the green!

    [​IMG]
     
  13. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    The guy who sold a pizza for 10,000 btc is probably laughing too but I think he'd probably be laughing harder if he sold a year ago. Certainly makes me feel better about metals prices.
     

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