4 votes

Holy crap Bitcoin is going down!

I hope you people didn't put your life savings in Bitcoin. You might want to drive yourself to the ER. They can revive you after any sudden heart attacks.

You could always sell them for Silver. Except one. Gotta keep one.

http://www.coinabul.com/

Is the bubble popping, or is it about shoot past $150?

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I was listening

to a mainstream financial show today. The propaganda war has begun. The hosts stated that only drug dealers, money launderers, and criminals use bitcoin. That is propaganda. But they also said that the FEDs will eventually shut it down...and they are right about that. Sadly.

The Feds can't shut it down...

No more than they can shut down the Internet. They may cut the tail off the lizard, but it will grow back.

The Red Coats are coming!

I Didn't Realize

...the Federal Reserve, the pharmaceutical industry and U.S. politicians were the first to begin using Bitcoin. Are you sure about the news?

uhhh

bwahahahaha

Ron brought the Liberty movement together, Rand is expanding the crap out of it! :)

Yeah just like they shut down

Yeah just like they shut down Bit Torrent.

What is driving this?

What happened to shoot the price way up like that?

How many bitcoins are there?

Increased demand limited

Increased demand limited supply. Almost 11 million in existence. 21 million will be the total.

Why did the demand increase

Why did the demand increase so rapidly?

TwelveOhOne's picture

In a word:

Cyprus.

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)

Thanks for the Post!!

yeah I really hope they come back down... although I personally doubt it will come back to the price of my first purchased (3.45$)...

I actually find it difficult for bitcoin to come even down past 50$.

Thanks for the coinabul.com reference.

check out this Jeffrey Tucker interview on Bitcoins:

http://www.dailypaul.com/280612/peter-surda-on-the-bitcoin-r...

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

122.23$$

... no they are not going down...

the prize is actually stabilizing...

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

pop goes the weasel

.

Bitcoin bubble pops, back to

Bitcoin bubble pops, back to where we were 24 hours ago

We'll be close to $200 this

We'll be close to $200 this time tomorrow... Wait till the EU conducts business overnight