Bitcoin dropped 3k in the last few days. Several articles in forbes and other money outlets predict the bitcoin will fail because it is too unstable for retailers to gauge a price index.
aka. they dont want to use it anymore because they will charge 1 price for an item and then they are worried the value of bitcoin will go down, thus you would be underpaying for an item at retail.
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google showing 14k but it dropped from close to 17k, it was 13.5 k this morning.
did you lose money or something ?????
I wonder if Bitcoin will ever be stable.
It's not cash. It's gold.
>forbes
>predicting anything
Oh no
It's crashing, this wasn't the plan at all for the coming week! Bubble is officially burst, SELL GOYIM SELL!
I know I did :^)
More people have to buy into the system before the price will stabilize.
Pyramid scheme
If it drops to near zero I might buy some this time.
Rofl. It is impossible for it to even drop below 4 figures now.
Speculators ruin everything.
I think it will drop to zero and then start climbing again.
How so?
Retailers are dropping out because customers complain to them about high fees and how long it takes. Confirmation times have hit retard levels now.
From my crappy understand bitcoin is volatile as, but as long as people place value in it i don't think its going anyway soon. I wish i bought some when some conspiracy fortune teller told me to, it was $32 or whatever but alas story of my life.
Getting tired of these buttcoin threads. IF ONLY THERE WAS A BOARD FOR THIS TOPIC.
SAGE
bump
It will rise again. Many people like me are waiting for it to crash to 10k to buy again.
So if I don't buy in? And what if (((you))) cant buy out in time?
Why?
Its a scam DO NOT BUY
It's so unstable because no one actually uses coins as a damn currency, instead it's just a fucking meme used for speculation by a circle jerk of assholes
As a concept crypto has the potential to take the power of currency away from the (((fed))) and friends but it will require enough people to buy in to allow it to actually function as a currency, and be more than just a a speculation number. Once it's able to be used in a wider scale it will start to stabilize as a more practical conception of the coins value forms. In fact, because the fed or any other such entity doesn't control it and it is instead limited to a slow predictable curve of currency supply growth and no govements stability backs it, it may even become more stable as it reaches maturity compared to national currency.
Retard
>tfw only want to see it crash so /biz/ commits mass sudoku
Lmaoing at all the faggots that bought in at 17k.