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It's down to ~480 so it's lost $100 in 30 minutes. Let's just say that my strange way of picking numbers can be described as "flattering" ... at worst.
by taspeotis 13y ago
It's down to ~480 so it's lost $100 in 30 minutes. Let's just say that my strange way of picking numbers can be described as "flattering" ... at worst.
- BrokenPipe 13y agoToday I've seen it back at 530 and now at 520. Who knows, I wouldn't be surprised if by EOB we're back above 600. As parent said, with Bitcoin you have to look at things in a different way since it works in a very different way than anything else we've ever seen.
- ohashi 13y agoBut does it really? It looks like rampant speculation to me. I've seen that many times in markets.
- BrokenPipe 13y agoHave you seen before a functioning globally distributed ledger system being speculated on in the markets ?
- ohashi 13y agoHave you seen a <insert something that for some reason it will be different this time thing here> is generally a poor argument. But one speculators cling to and try to convince others of adamantly.
- ekianjo 13y agoNo, you should pick numbers on a daily average with an indication of the daily variation on the value if you want to be fair, not at a precise instant, because Bitcoin can have as much as 30% variation in a given day, so I too can make up numbers out of thin air by picking up a very biased time during the day.
- taspeotis 13y agoIt ended the day at $582 [1]. > because Bitcoin can have as much as 30% variation in a given day Hence, "pretty fucked up". [1] https://coinbase.com/charts https://coinbase.com/charts
- ekianjo 13y ago30% is either "f+++ed up" or a massive opportunity for daily trading, depending on your point of view. I see it rather as the second.