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re: Will Bitcoin be built under rather than on top of?
Posted on 2/6/14 at 2:47 pm to joshnorris14
Posted on 2/6/14 at 2:47 pm to joshnorris14
quote:Wiki used it at about this time last month in his "predict the price of bitcoin at the end of this year" thread on here.
You try way to hard to be a convincing liar.
Mt Gox has been abandoned, the community hasn't used the Gox price for at least 6 weeks now.
Are you calling wiki a liar? Or is he not part of the bitcoin "community"???
quote:It dropped $51 on bitstamp and $40 on btc-e.
(Bitstamp, BTC-e, et cetra) have only dropped $20-30.
Btw, it's 'too' not 'to.'
1
Posted on 2/6/14 at 2:55 pm to LSURussian
False dichotomy, I think Wiki should've used the Bitstamp or a index of prices as the exchange rate, but Mt Gox had been used for years so I can see why he chose that. Today it's really not accurate to cite the Gox price. It's been $100+ higher than all of the major exchanges with higher volumes since mid-December.
And regardless of the lows on Bitstamp and BTC-e (which are considerably higher than -$100 and are actually used to exchange fiat currencies for Bitcoin) it's still disengenious to make it seem like the drop on Gox has anything to do with bitcoin. They have stopped a ton of withdrawals in non-USD fiats. They are likely experiencing a run.
And regardless of the lows on Bitstamp and BTC-e (which are considerably higher than -$100 and are actually used to exchange fiat currencies for Bitcoin) it's still disengenious to make it seem like the drop on Gox has anything to do with bitcoin. They have stopped a ton of withdrawals in non-USD fiats. They are likely experiencing a run.
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