Comments on: Bitcoins crash from $94 to under $80 in the last hour with no sign of slowing down. http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down Buttcoin - It's Bitcoins with Butts! Thu, 02 Mar 2017 10:36:00 +0000 hourly 1 https://wordpress.org/?v=4.7.5 By: Philippe http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-1336 Mon, 24 Jun 2013 15:54:00 +0000 http://buttcoin.org/?p=1067#comment-1336 wow the price of bitcoin is dropping ? breaking news ! what about the price of corn ? rice ? gold ? yep it’s going up and down that’s life and if you behave like an animal following the emotion of the herd then maybe you shouldn’t trading anything at first

]]> By: Clint Shaw http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-1126 Fri, 10 May 2013 11:05:00 +0000 http://buttcoin.org/?p=1067#comment-1126 wise words…i see the force is strong in you. What do you suggest then? Make a logic guess and then do the opposite?

]]> By: Mickey_disqus http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-896 Wed, 03 Apr 2013 12:51:00 +0000 http://buttcoin.org/?p=1067#comment-896 And now it’s back up over 140. Trusting your instincts in currency trading is a way to lose money fast. The market can stay irrational far longer than you can stay solvent.

]]> By: broosky http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-875 Sun, 31 Mar 2013 23:59:00 +0000 http://buttcoin.org/?p=1067#comment-875 Every time the price drops you scream the sky is falling. Then after a few hours or days the price is back where it was. How much longer will you keep posting these retarded posts?

]]> By: ClementC http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-868 Fri, 29 Mar 2013 19:22:00 +0000 http://buttcoin.org/?p=1067#comment-868 Hahahahaha. I saw “Bitcoin over $100!” and my immediate reaction was “looks like time to short!”

I didn’t actually do it because I’m broke, but it appears my instincts were spot-on.

]]> By: David Wendt http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-861 Thu, 28 Mar 2013 23:06:00 +0000 http://buttcoin.org/?p=1067#comment-861 If you could actually find somewhere willing to let you spend Bitcoins for that deluxe cheeseburger, we wouldn’t be having this problem. The price volatility of Bitcoin is directly connected to the lack of Bitcoin merchants, and the lack of Bitcoin merchants is connected directly to the price volatility of Bitcoin. Accepting Bitcoin means pegging your prices to the exchange rate (which is the opposite of how a functioning economy works), which is so volatile because everyone with Bitcoin has to dump it for cash to spend it due to a lack of Bitcoin merchants. And pegging your prices to the exchange rate means learning how exchanges work and either overpricing your goods or getting screwed over whenever MtGox’s trade lag spikes (which is all the time).

You’ll notice no real economy pegs prices to the exchange rate for very long. (This is also why games are twice as expensive in Australia.) Price volatility is a bad thing.

]]> By: Anonymous http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-860 Thu, 28 Mar 2013 23:02:00 +0000 http://buttcoin.org/?p=1067#comment-860 You have no idea how this game works.

]]> By: Bitcoin! http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-859 Thu, 28 Mar 2013 22:52:00 +0000 http://buttcoin.org/?p=1067#comment-859 Yeah, it’s back up now. 20% Drops and gains are just the normal features of the Currency of the Future. If you don’t have enough change for that deluxe cheeseburger, just wait 20 minutes. But don’t wait 40 minutes or you won’t be able afford anything but the free water cup!

]]> By: Jm Jm http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-858 Thu, 28 Mar 2013 22:31:00 +0000 http://buttcoin.org/?p=1067#comment-858 SELL SELL SELL. EVERY MAN FOR HIMSELF!

]]> By: Panzerbadger http://www.buttcoinfoundation.org/bitcoins-crash-from-94-to-under-80-in-the-last-hour-with-no-sign-of-slowing-down#comment-857 Thu, 28 Mar 2013 22:23:00 +0000 http://buttcoin.org/?p=1067#comment-857 Don’t worry, tis but a minor correction. Some shitty site somewhere lets you pay for something with Bitcoin, so the fundamentals are looking strong..

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