DUMP YOUR BITCOINS

[Ahldagor]

Originally Posted by r00t [You must be logged in to view images. Log in or Register.]

As to my last point there, there is no way most merchants will begin accepting Bitcoins, at least any time in the near future. Bitcoins are so volatile their value never stabilizes at any price point, and they crash regularly. In order for a merchant to accept a Bitcoin, they would have to adjust prices virtually every 20 minutes and sell coins as soon as they get them. This is way too much effort, some of which cannot be necessarily accurately automated and audited by analysts of a larger company. Why waste effort when stable currencies already exist?

not to mention that they are a limited thing like gold.

[Orruar]

Bitcoin tops $1000

http://www.wired.com/business/2013/1...-one-thousand/

[r00t]

It did that a week ago too before halving back in value again. Which is why I said it can't be used for anything than nerd's circle jerking and druggies

[Kraftwerk]

Beat me to it, but you were right on LC. Tapped $26 today from $4 a week ago:

http://www.zerohedge.com/news/2013-1...coin-tops-1000

[Orruar]

Originally Posted by r00t [You must be logged in to view images. Log in or Register.]

It did that a week ago too before halving back in value again. Which is why I said it can't be used for anything than nerd's circle jerking and druggies

Actually, today is the first day it has reached over $1000 on an American exchange. And it didn't come anywhere near a 50% drop after breaking $900. But keep it coming with your misinformation. I'm sure you actually do believe these things you say, as it's about the only way you can maintain the last shred of self esteem.

[Swish]

Too volatile to be a long term investment, if you've made $100s or $1000s since buying them - get out before it tanks and invest in physical gold/silver when you think the time is right.

[r00t]

Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]

Actually, today is the first day it has reached over $1000 on an American exchange. And it didn't come anywhere near a 50% drop after breaking $900. But keep it coming with your misinformation. I'm sure you actually do believe these things you say, as it's about the only way you can maintain the last shred of self esteem.

actually you're wrong, as always, and projecting. heres 9 days ago moran

http://www.zerohedge.com/news/2013-1...tly-thereafter

[r00t]

oh lol I like how you say only on an american exchange, how arrogant. big fukn woop it was still like $960 american and dropped to $500

[r00t]

hhaha from the article

"BitCoin touched $900 on Mt Gox... and promptly tanked to just under $600, entering a bear market in the span of seconds on what appears to be about 10,000 trades"

It tanked in seconds lol good job computer trading

[Orruar]

Originally Posted by r00t [You must be logged in to view images. Log in or Register.]

actually you're wrong, as always, and projecting. heres 9 days ago moran

http://www.zerohedge.com/news/2013-1...tly-thereafter

Your reading skills are only rivaled by your math skills. I specifically said American exchanges since nobody reading these forums buys shit on Chinese markets. And a 30% drop is not a halving in value, unless you're using some form of mathematics unknown to me.