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Wow bitcoin huge crash

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#21 by sweetpie3000 » Mon Feb 05, 2018 05:17

Bitcoin is in bear market. Bitcoin is back down 7500
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#22 by jjohnson777 » Mon Feb 05, 2018 20:14

Payza disabled withdrawals of bitcoin.
Bitcoin withdrawals are temporarily unavailable, please try your transaction again later.
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#23 by tasman1 » Mon Feb 05, 2018 22:30

Now at 6000 , end of February at 3000 or less
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#24 by sweetpie3000 » Mon Feb 05, 2018 23:22

I hope bitcoin go down as low 1 cent in late February. I will be getting some bitcoin
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#25 by Charez » Tue Feb 06, 2018 04:08

Why don't you say Bitcoin et al aren't the only markets experiencing a pull-back and the fact the Dow dropped over 1,000 points and lost over $300 billion but I don't see people calling it a crash. Another example is Google, it lost $40 billion
fortune.com/2018/02/05/stock-dow-bitcoin-market-crash

you're just good to spread the panic :lol: :roll:
Last edited by Charez » Tue Feb 06, 2018 04:12 » edited 1 time in total
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#26 by BouldRake » Tue Feb 06, 2018 05:50

Bitcoin is worth as much as it was a couple of months ago. It's worth $3,000 more than it was in October.

The hype train crashed, and it's back to where we'd expect it to be.

I mean, don't get me wrong, there are massive problems in Bitcoin, and the network has done nothing to convince me they can fix their problems, but let's be honest, the spike was the anomaly, not the drop...in fact, if you run the numbers and draw a graph of the trend alongside the price (Wolfram Alpha can help you), you can barely even see the spike.

Day trading isn't Investment in the same way Weather isn't Climate.
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#27 by Charez » Tue Feb 06, 2018 06:35

I like to compare Bitcoin with for example Debian, It was not built in one day and many forks come from it, and the communities help to improve GNU/Linux overall...

By the way, what do you think about the lightning network?
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#28 by BouldRake » Tue Feb 06, 2018 11:25

I think it offers a whole world of opportunities for a company like Xapo to extend their service in some really awesome ways...but whether it's any good or not depends on how many people want to run, and how many people want to use companies like Xapo.
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