Author Topic: Bitcoin at $330 ?  (Read 12056 times)

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Offline gamey

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Time to make a post on bitcointalk telling people how they can hedge into dollars in a non centralized trusted manner for the time being ?
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Offline jsidhu

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its bottoming out soon dont worry  :P
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Offline tonyk

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It could have waited 6-9 more months, to give us a better footing, I guess.

As per the AGS fund - I started advocating for turning at least 50% to fiat, probably 5 months ago...
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline gamey

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Geez $330.  This is not good for the crypto world.  Maybe it makes us stand out as we hold value, but the crypto/blockchain scene as a whole is going to take a hit.  Not to mention how much AGS value I3 has lost for development.  Think of Ethereum etc who had a lot in BTC.  It is kinda sad, not as many nerds going to get paid jobs getting to do neat stuff. :(  We might get a short term boost but I have a hard time seeing this being longterm positive.

We're even under 60 million on coinmarketcap. 

When will it stop and we see a legit rebound ? 

I'm going to feel like I'm sticking my tongue out at anyone @ inside bitcoins by wearing Bitshares X related shirt.  Usually people are sad at the end of their Vegas trip, not sad going into it like the people attending Inside Bitcoin.  I guess this will help us sell our product though ?
I speak for myself and only myself.