posted Fri, 03/08/2013 - 09:30
1170
Bitcoin price is off the charts
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I just checked the bitcoin price...holyshit it's nearly 45 dollars. Damn I wish I would've taken out a loan to invest in bit coin when it was 20 dollars. Buff must be sitting on a pile of money saying, "I told you fools!"
I'm not sure how high it will go, but guys if you ever hear in the news that Amazon.com or Ebay decides to accept bitcoins as a form of payment you better believe I'm putting a couple G's in bit coin.
What are y'alls thoughts on the price? Where do you see it going from hear, because right now it's a very speculative market, and no one knows exactly how high it will go.
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I'm thinking its gonna level off soon though or even return to the price of 13-15 dollars it once was
Very interesting market indeed
Just curious. What makes you think it will drop back down in price?
Because everything does and they are rapidly on an uprise
It makes me wonder when they pull the rug out
Tbh there is talk that the entire bitcoin market is operated by organized crime and they create a "market" and make people believe the bits are worth money and have a value ; and after people poor in to invest actual currency
Then they "drop" the market and collect
I'm not saying that is even what reality is!
I want te bit to gain power as an alternative currency but only currently black and grey market are where bit is used!
It's very very interesting and I've been following the trend for a while although not an expert by any means I just keep lil eye on it
Ha it's definitely not operated by organized crime although I'm sure there are organized criminals use bit coin, but the corporations that run bitcoin and bitcoin exchanges are entirely legitimate. The price fluctuates, because supply and demand. The price fluctuations are just the reflection of the confidence in the currency. It's exactly like penny stocks. The idea that they "drop" the price artificially just to collect is just conspiracy theory. If it was found to exploit commodity prices they would be charged in federal court like many micro-cap stocks do sometimes. But, exploiting the bit coin system is difficult, because the system is open source while the exchanges operate as 3rd parties. Gaming the system in the way you described would be more risky than making bitcoin a legitimate successful company.
I made $168.00 dollars the other day on Bitcoins not much money but a hell of a return % wise...
It will vary like the market. What is driving it currently is the underground anonymous market. And that will never be stable if the powers that be find a away to penetrate and disrupt the bitcoin system. And that has happen with all the other new forms of anonymous payment plans. So if you want to see what this market will do keep up on the current info of world wide financial regulations.
SONOFABITCH!!! I nearly bought $5000 in bitcoins on mtgox.com a few weeks ago ($28) and was interrupted. Been too busy to log back in and do it. DAMN! That $5000 would be $7678 in that account today. That's a helluva lot of HGH. Oh well, you win some, you lose some.
I bought about $300 worth when they were about $21. I've since spent this digital currency on the dark side of the moon. I wish I would have just held on. It's a risky market,though
AnonIt was worth 13 about 4 months ago :/ shiiite
It paid for my upcoming cycle
I'm out now though, I fear this uncertain market.
I know bro i wosh i would have taken the plunge, i just bought some as an investment, hopefully it keeps goong up at the same rate.