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-   -   Bitcoin bottoms out & springs back up... (https://gfy.com/showthread.php?t=1285803)

NatalieK 11-29-2017 03:02 PM

Bitcoin bottoms out & springs back up...
 
So what happened about 1hour ago to create the market to drop from a steady rise all day until it hit over 11000 this afternoon, a level off & then a fall from 10500 to 9500. It thought it was crashing, was ready to sell...

https://i.gyazo.com/8190a86ac0654517...ac0b8da049.png

what´s your thoughts?

bns666 11-29-2017 03:05 PM

what can you buy or sell with something so unstable?

Smack dat 11-29-2017 05:12 PM

Quote:

Originally Posted by bns666 (Post 22090455)
what can you buy or sell with something so unstable?

Try bitcoin lol

TheDynasty 11-29-2017 05:34 PM

I bought some Ripple , Ethereum Classic today.

Bitcoins back up as of now!

pimpmaster9000 11-29-2017 05:37 PM

Merchants love volatile currency...LOVE IT!...soooooo fucking convenient!...accounting? LOVE IT!...

Differences over 1000$/day? LOVE IT!...sheeeet you may as well go to a casino LOL

Bladewire 11-30-2017 11:31 AM

$9,668 now :2 cents:

NatalieK 11-30-2017 02:53 PM

Quote:

Originally Posted by crucifissio (Post 22090746)
Merchants love volatile currency...LOVE IT!...soooooo fucking convenient!...accounting? LOVE IT!...

Differences over 1000$/day? LOVE IT!...sheeeet you may as well go to a casino LOL

apart from Bitcoin worth more than gold, silver & iron :2 cents:

bronco67 11-30-2017 09:52 PM

Eventually it will bottom out and stay there long enough to make a few people jump in front of a train. Nothing lasts forever...especially the artificially inflated stock price of a digital currency that's not even widely accepted.

GFED 11-30-2017 11:01 PM

Quote:

Originally Posted by bronco67 (Post 22093614)
Eventually it will bottom out and stay there long enough to make a few people jump in front of a train. Nothing lasts forever...especially the artificially inflated stock price of a digital currency that's not even widely accepted.

The entire stock market is artificially inflated. Digital cash will be the new norm. The dollar will die.

pimpmaster9000 12-01-2017 01:17 AM

Quote:

Originally Posted by GspotProductions (Post 22092987)
apart from Bitcoin worth more than gold, silver & iron :2 cents:

Dude what?

bronco67 12-01-2017 05:04 AM

Quote:

Originally Posted by GFED (Post 22093674)
The entire stock market is artificially inflated. Digital cash will be the new norm. The dollar will die.

The dollar is actually tied to physical commodities...like gold. A digital vapor is going to replace that?

jscott 12-01-2017 05:06 AM

The US gov prints how much worth of USD per day? This can't be a fair type of currency, no matter what's backing it.

GFED 12-01-2017 05:19 AM

Quote:

Originally Posted by bronco67 (Post 22093992)
The dollar is actually tied to physical commodities...like gold. A digital vapor is going to replace that?

It's been a very long time since the dollar was backed by gold. Now, it's only backed by DEBT.

NatalieK 12-01-2017 05:13 PM

https://www.thebalance.com/u-s-debt-...it-own-3306355

China China China...


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