Bitcoin investing.

wow big rich 200 was a bad move tbh, it should go back up tho so not a loss.

 

Ok well I know jack shit about investments of any kind. Can someone tell me if it's wise to buy bitcoins after a crash?

 

sure, if they crash hard they should no doubt rise again

 

To a point. For all you know it rises so people could dump more.

http://www.pcmag.com/article2/0,2817,2417700,00.asp?kc=PCRSS03069TX1K0001121

Sounds like they had a role in the panic rise.

 

Crash time, under $100 per coin now.

 

Under 100 is crazy man, I am pretty shocked at that.

 

Yea, but I bet it goes down even more.

 

pretty shocking to see it getting stuck under 100.

 

will rise.

 

And how long you think it's gonna take. I need to invest again.

 

I am thinking about investing into BitCoins for short term gain, not sure tho.

 

its <80 nw, nt sure if its a gd time to go in or would it drop further more.

 

dj weasle 5$ bet it hits 200 by 6/17/13

 

I'm looking to start buying a few now tbh, can anyone tell me how to keep my wallet secure like if I have to system restore and loose all my coins lol

 

djweasel dog. I'm gonna invest in it once my taxes come back. At least buy like 5 coin and sit on it. since when did you buy coin?

Why not use MtGox?

 

MT is a pain in the ass for UK people.

 

I think it has potential to go up a lot in the future, but don't think it makes sense for it to happen that soon.

I'll bet any amount you want, up to $5000 that bitcoin doesn't have a day trading over $200 weighted average before then.
Video as OMM (I'd consider others as well). They'll take the money as soon as we agree to it. PM me.
I can take back this offer due to market changes at any time before you accept it.


Anyway, I think this whole situation is incredibly interesting, and I'm watching closely despite being back on the sidelines for now.

 

The problem of bitcoin is that it is solely holding its value by the subjective intentions of the population, and what we "think" it's worth.

There's no use comparing it to gold and silver, because there is actually a demand for gold and silver to make jewellery, watches, teeth etc.

What the belief is that government has been inflating paper and that eventually, a greater "value" would be put on bitcoin, for something to only hold weight by "value" is very dangerous.. as we have ALREADY SEEN, the only reason people are so interested in it now is because somehow it had risen to $200 per.. thus people see a "value" as there is a belief it is investable.

I'm curious as to see if it will happen again, you never know.

 

Bitcoin is just relying on the few places that have started to accept it, and Silkroad.

 

Well considering Bitcoin is going up again I could see it ballooning out again but I'm scared to buy a few just to hold. I figured that @ $60 it's not bad but $100+ eh.