Bitcoin Crash: Beginning Of The End?

[mjmacky]

Since you mentioned the first few lines, I'm assuming you're talking about commodity currencies?

No, I had only previously invoked "commodity money" as the source of your confusion, i.e., why you think one cannot be classified into another.

Neither of those links brought me to anything useful since I'm trying to open them in a mobile browser. Cookie page, main page, and internal Tapatalk link?

I'll go ahead and spell it out slowly for you. Like, when I get on a real computer. Hold your breath.

[jondgls]

Hope its not the end. Perhaps it just an opportunity buy more BTC cheap

[gilley6948]

Hope its not the end. Perhaps it just an opportunity buy more BTC cheap

Lets hope so!

[piercerseth]

http://arstechnica.com/business/2014...wn/?comments=1

Next few days ought to be interesting. Color me surprised when the exchange doesn't guarantee the deposits.
Can't help but feel a bit of schadenfreude reading some of these 'informed' nerds having conniptions.


EDIT: ^Didn't mean posters in this thread. Was referring to the charlatans and pretend econ majors in some subreddits and elsewhere.

[pythoncancer]

Now what you got you need to spend it too , Provided you are casual user and not hoarder or broker .

http://bit.ly/OB6Jzo

[megabyteme]

Now what you got you need to spend it too , Provided you are casual user and not hoarder or broker .

http://bit.ly/OB6Jzo

LOL. Here is the page that comes up from your link:

Uh-oh!


It looks like something broke. We’ve been notified and will have the problem fixed as soon as possible.

Thank you for your patience, please try again later.

I'd say "something broke".


This whole collapse strikes me as more of a CIA operation than individuals getting greedy. 1.2.3... More like a 3rd world government toppling based on information leaks and people missing. Hmmmm.

And, no, conspiracy theory is not my typical realm. Just plays out more like a pre-written script with those who do not like to be fucked with (those who control/print "real" money) staying in power, and maybe even looking to be a "more reliable investment" at the end.

[megabyteme]

EDIT- FFS, still "worth" $550. If I am correct, more front page stories discrediting the stability will occur. Soon.

[Alien5]

this is not really a great piece of news, they want you to think its coming to an end, when in reality it's only beginning.

Their value, when expressed in terms of another currency such as US Dollars, is simply what people perceive them to be worth.

http://www.nasdaq.com/article/bitcoi...-bust-cm327206

Read more: http://www.nasdaq.com/article/bitcoi...#ixzz2uYOSAcod

Investors need a way to create some kind of controversy to increase the value:

Bitcoins may have lost half their value since last year's peak, but they're still selling for 56 times the price they were at the beginning of 2013.

http://www.latimes.com/opinion/edito...#ixzz2uYGrTqMK

google bit coin historical prices for instance:

http://bitcoincharts.com/charts/bits...zm1g10zm2g25zv

In financial accounting, an asset is an economic resource. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

This story makes much more exciting History, if they had let him live or survive maybe he could have written a book about his life or done some public speaking to make a few extra bit coins.

http://www.thenewamerican.com/econom...astated-dollar

[pythoncancer]

Mt. Gox announcing that it lost $473 million worth of the virtual currency, many people who saw their money disappear have called for CEO Mark Karpeles to be imprisoned. Well, funny thing: it wouldn't necessarily be the first time Karpeles has been arrested for fraud.

http://gawker.com/does-mt-goxs-ceo-h...yme-1534752110

[vaiden]

Anyone tried the Mt. Gox hotline? I heard they don't even speak English there.