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Bitcoin’s Price Falls 12%, to Lowest Value Since May

78 点作者 conover将近 11 年前

13 条评论

gexla将近 11 年前
And I&#x27;m happy to be someone about to jump fully on the Bitcoin train and never have to think about the price of Bitcoin.<p>As a U.S. citizen living abroad, Bitcoin is now at the intersection of cheapest, fast (but not instant) and most convenient for receiving my money. There are exchanges here which work automatically and have lots of options for me to receive my money. At this point, I can&#x27;t say there is a better method available for me.<p>I&#x27;m getting the pathways setup (accounts mostly) and then all of my money transfers will be going through Bitcoin.<p>When people like me who don&#x27;t care about the price, but get real utility out of Bitcoin (beyond just the gimmick of merchants accepting payments in Bitcoin which make up less than 1% of sales but much more than that in marketing publicity) then the prices will really start to take off. But, we still won&#x27;t care about the prices then.<p>Edit: That said, Ripple or Stellar may be an even better option for moving money. Once Cryptocurrency becomes so widely used that Bitcoin is just another option, then Bitcoin could drop massively. But we still won&#x27;t care about price. ;)<p>Edit2: I would NOT be holding Bitcoin. I would only be using it as a transfer medium.
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matthewbauer将近 11 年前
I don&#x27;t like the reasons this article gives for the decrease. I mean if regulations had been the cause of this price drop we would have seen this sort of thing happening in July.<p>My best guess is that this is caused by fear-based speculators who were trying to get rich on Bitcoin.
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nhaehnle将近 11 年前
This is pretty much a cheap and default comment, but I would be <i>so</i> happy if everybody (<i>especially</i> websites calling themselves the &quot;DealBook&quot;) would start plotting prices on a logarithmic scale.
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TomGullen将近 11 年前
Price drop was most likely caused by cascading margin calls.<p>As exchanges add more sophisticated features (such as trading on margin) amateurs continue to suffer and learn expensive lessons.<p>Many Bitcoin advocates will heave at the idea of any form of regulation, Bitcoin unfortunately appears to be most attractive to libertarians. Yet their fellow advocates are suffering all around them for it. As an example, any leveraged trading instrument regulated by the FSA in the UK is plastered with warnings about leveraged trading, in a (admittedly probably lacking) effort to warn amateurs of the dangers. I see no such warnings on Bitcoin exchanges offering leverage.
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kolev将近 11 年前
I think the true colors of Bitcoin &quot;believers&quot; become pretty obvious when they are all so very preoccupied with the price per piece. I read some pretty ridiculous explanations that volatility is good, because it attracts &quot;investors&quot;, and this is supposed to be good for it.
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danbruc将近 11 年前
This price fluctuations will not end until the destiny of Bitcoin has been decided, either fail and drop to zero or succeed and rise probably well above 1000 dollars. It&#x27;s kind of remarkable that it did not die within the first 5 years if you consider all the small and big disasters but in my opinion Bitcoin is still in is infancy and it is far from clear where the journey will end. Compared with other means of payment Bitcoin still plays no important role at all - its still a very nerdy thing only a tiny fraction of people know about and the hand full of opportunities to do something meaningful with your Bitcoins besides speculating with them is not even a drop in the ocean of the world&#x27;s economy.
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avyfain将近 11 年前
At the end of the article the guy says: “What really defines the price is its reputation and expectations for the future.”<p>But isn&#x27;t that true of any currency? Isn&#x27;t that why a green piece of paper with Benjamin Franklin&#x27;s face on it is worth anything at all, just because we believe in the US government&#x27;s stability?
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gbachik将近 11 年前
I love how this is news when BTC value used to change by 40-60% a day lol...
nickthemagicman将近 11 年前
I shyed away from bitcoin after finding out about the group that captured 51% of the blockchain.<p>Just knowing that&#x27;s a possibility is a big nope for me
higherpurpose将近 11 年前
And this is NYT-worthy news?
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nfriedly将近 11 年前
Awesome, my bot got me some while they were cheep :)
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StavrosK将近 11 年前
Goddamnit, my $50 is only worth $44 now...
beedogs将近 11 年前
This isn&#x27;t the end of it either. In a month or two, 475 dollars will look nice.
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