During trading yesterday the value of Bitcoin. it said the resulting lag then caused traders to panic and sell off currency — triggering the drop.Tips, donations, and bribes welcome: 1NvJJcmw9RCs8tUwfJ1GGzZufD3ENqPhkS.
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Quote from: Anonymous on February 21, 2011, 05:10:47 AM I can tell you bitcoin is very wife unfriendly at the moment.
This will lead to a boost in BTC value, just as when the CPU miners stopped their machines last year.The post was written by Ian Worrall of Sembro Development LLCNormally in the Bitcoin world sudden.Last Friday (Jan. 6) was tough for bitcoin users around the world.Quote from: vladimir on February 18, 2011, 11:20:26 PM Speculation is good, it brings liquidity to the markets.
For the longer term, I think the network hash rate, difficulty, btc exchange rate should all move in tandem. unless I see a significant drop of interest in bitcoin, which should be reflected on the hash rate, current value drop feels artificial.The price of Bitcoin in USD as per MtGox on bitcoincharts will.Therefor they will hold on to as much as they can, and will spend or exchange only when they need to, which will be in smaller amounts.The value of bitcoin is. productivity will drop because...Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.Quote from: Raulo on February 18, 2011, 09:43:41 PM Quote from: kiba on February 18, 2011, 09:33:58 PM This is only on MtGox.I can tell you bitcoin is very wife unfriendly at the moment.
Thats a tough question, the value of Bitcoin will be determined by regulation and some other factors which are ultimately controlled by government.My post from yesterday was perhaps not specific enough, so let me outline one possible scenario in which the value of Bitcoin (and other cryptocurrencies) would fall.So zcash will do what bitcoin does but with the added privacy which is great.
Investors in China have been using Bitcoin as a way to protect themselves should the yuan fall in value.I think anybody who wants a long-term success of Bitcoin should welcome price drops.
Quote from: Bimmerhead on February 20, 2011, 12:22:07 AM. or if a mildly wealthy retiree who was fascinated by the technology started telling his mildly wealthy buddies.Why Bitcoin Just Dropped 30%. losing nearly 30% of its value in just two days,.Sponsored by Private Internet Access, a Bitcoin-accepting VPN.