$300 Bitcoin

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

Page 4 of 6
  1. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Hmm. Seems like it is hovering just above 300. Wondering what will happen once that level is breached.
     
    Altima, Dec 19, 2014
    #61
  2. Golightly

    Golightly Well-Known Member Silver Stacker

    Joined:
    Oct 4, 2013
    Messages:
    1,411
    Likes Received:
    60
    Trophy Points:
    48
    Location:
    Newcastle
    Bit arse when I bought some the other week
     
    Golightly, Dec 19, 2014
    #62
  3. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Just seems to be on a downward trend though I must say.
     
    Altima, Dec 19, 2014
    #63
  4. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    Hash rate is heading down aswell
     
    aleks, Dec 19, 2014
    #64
  5. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    House, Dec 19, 2014
    #65
  6. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    About time!!

    :lol: :lol: :lol:
     
    JulieW, Dec 19, 2014
    #66
  7. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Hmm, went to check the price and it is now at 290 USD!

    Trending lower and lower?
     
    Altima, Jan 3, 2015
    #67
  8. Golightly

    Golightly Well-Known Member Silver Stacker

    Joined:
    Oct 4, 2013
    Messages:
    1,411
    Likes Received:
    60
    Trophy Points:
    48
    Location:
    Newcastle
    Urgh...$286

    Having said that I would buy more at this price
     
    Golightly, Jan 3, 2015
    #68
  9. billybob888

    billybob888 Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2014
    Messages:
    1,662
    Likes Received:
    108
    Trophy Points:
    63
    Location:
    Australia
    Will go down to zero - its intrinsic value, given its not even legal tender and thousands of more crypto currency can be created with no barrier to entry
     
    billybob888, Jan 3, 2015
    #69
  10. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    [​IMG]
     
    aleks, Jan 3, 2015
    #70
  11. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    277 USD and counting.
     
    Altima, Jan 4, 2015
    #71
  12. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    $266 on futures
     
    aleks, Jan 4, 2015
    #72
  13. dccpa

    dccpa Active Member

    Joined:
    Aug 29, 2010
    Messages:
    3,079
    Likes Received:
    8
    Trophy Points:
    38
    Location:
    USA
    Saw it at .12. Spent about 2-3 minutes looking at it and then forgot about it. Didn't make sense to me that people would value a currency created and controlled by one person. $20 back then would have been about 160 bitcoins. :eek:
     
    dccpa, Jan 4, 2015
    #73
  14. MaC

    MaC New Member

    Joined:
    Apr 18, 2013
    Messages:
    88
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    From what I can tell it looks like a bit of manipulation from china. I guess someone wants to buy big but is looking for a better price.
     
    MaC, Jan 4, 2015
    #74
  15. Golightly

    Golightly Well-Known Member Silver Stacker

    Joined:
    Oct 4, 2013
    Messages:
    1,411
    Likes Received:
    60
    Trophy Points:
    48
    Location:
    Newcastle
    Nah, to much money tied up in it, the amount of mining costs spent to get them gives it a value,
    It usually has a bubble every two years after a low time like this, Wall st is buying it up too, no other crypto in sight has this sort of infrastructure.
     
    Golightly, Jan 4, 2015
    #75
  16. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    I got out a while ago. Volatility was driving me nuts and it didn't suit me any more as a buy and hold investment.

    If we see prices under $100 I will jump in again. The BitCoin ecosystem is certainly growing, but the volatility has taken any lustre off the currency as a store of wealth. Wouldn't be surprised to see rebounds over $300 again in the short term.
     
    goldpelican, Jan 4, 2015
    #76
  17. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    it hit $266 on BTC China and houbi, $275 on Bitfinex and $277 on bitstamp
     
    aleks, Jan 4, 2015
    #77
  18. Silver Saver

    Silver Saver Member

    Joined:
    Apr 17, 2012
    Messages:
    55
    Likes Received:
    2
    Trophy Points:
    8
    Location:
    Singapore
    Wow! It has been sometime since I looked at the Bitcoin status. I wonder whether it could drop below $200 by end 2015.
     
    Silver Saver, Jan 4, 2015
    #78
  19. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Probably will. I found a use for Bitcoin but definitely not as an investment. The only way I believe for it to gain mass adoption is if the price starts stabilizing.
     
    Altima, Jan 4, 2015
    #79
  20. Silver Saver

    Silver Saver Member

    Joined:
    Apr 17, 2012
    Messages:
    55
    Likes Received:
    2
    Trophy Points:
    8
    Location:
    Singapore
    Because of an encouragement from a friend, I opened an ewallet just a month ago. I will consider buying a few bitcoins if it falls below $200. I think Bitcoin is here to stay for many more years and I think it will be useful for me in future. I missed the boat when it was $0.20. I recalled thinking of just buying 1,000 bitcoins at that time.
     
    Silver Saver, Jan 4, 2015
    #80
Page 4 of 6

Share This Page