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Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 10:43 am
by Winchester
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 10:44 am
by Bauce
Glad I didn't buy in at 800 when people were promising me they'd hit 10K
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 10:45 am
by Winchester
Oh this is a lovely market depth chart on MTGox this morning:
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 12:00 pm
by Dylan
This whole thing is kind of a joke. I feel bad for the people losing money on it
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 12:03 pm
by Hyperion
At that particular exchange BitCoin trades near $250. On the wider market it's about $500. Bitcoin prices have fluctuated like this before and ignorant commenters tried to dismiss the protocol in the same way the Internet allegedly died in 2000. Yeah short term speculators are screwed. Good. I use bitcoin as a secondary currency so I'm not affected by this at all.
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 12:05 pm
by Hyperion
To be fair most of the people on this forum defending BitCoin were speculators when the success of the currency ultimately relies on its utility.
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 12:08 pm
by Winchester
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 12:26 pm
by Mr.Bill
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 3:47 pm
by The Dharma Bum
Re: Bitcoin - is this the end?
Posted:
Sun Feb 16, 2014 3:49 pm
by The Dharma Bum