Welcome, Guest. Please login or register.
Forums
« previous next »
Pages: [1]   Go Down

Author Topic: Bitcoin is crashing  (Read 218 times)

0 Members and 1 Guest are viewing this topic.

Offline Drexme

  • Global Moderator
  • Established Nxter
  • *****
  • Posts: 231
  • My current job is to keep these forums in order
    • View Profile
Bitcoin is crashing
« on: December 07, 2013, 04:14:05 AM »
Does this mean the value of NXT with go down?
https://btc-e.com/exchange/btc_usd

Discuss.
Logged
Helpful Links: NXT Intro | What is NXT? | NXT Install Guide | NXT Giveaway NXT:8333778433828768082     http://doges.org

Offline xyzzyx

  • Fresh Nxter
  • *
  • Posts: 6
    • View Profile
Re: Bitcoin is crashing
« Reply #1 on: December 07, 2013, 08:52:33 AM »
I was a bit disappointed that I didn't buy on Nov 10th as I watched Bitcoin go down to 264.99 USD per coin on Coinbase at 11:36am EST, only to watch it rise back up to over 1k USD per coin soon after.  I nearly bought at 277.60 USD per coin at 1:02pm EST, and again at 285.00 USD per coin at 3:24pm EST, but I hesitated.  This is just another opportunity to buy cheap Bitcoin before it rises again IMHO, so this time I'll not hesitate.

Bitcoin is currently the leader in cryptocurrencies, and people tend to judge the value of other cryptocurrencies based on it, so yes, I think for the near future NXT will fluctuate with the value of Bitcoin.

A strength Nxt Coin has, as apposed to the alt-coins, is that it is not a fork of the Bitcoin code base.  I think in order to decouple the price of Nxt Coin from Bitcoin, the differences must be highlighted in a friendly and easy to understand manner in order to build confidence in it. 

The decentralized wallet is a huge strength Nxt Coin has over Bitcoin.  My first thought when I learned I could access my wallet from anywhere with network connectivity, was "hell yeah, sign me up!"

Bitcoin has a nice video introduction that is easy to understand.  Nxt Coin should have something similar. 

But I digress; perhaps another thread would be more appropriate for further ramblings.
Logged
NXT: 
Code: [Select]
10303990950237931602

Offline oakwarrior

  • Fresh Nxter
  • *
  • Posts: 16
    • View Profile
Re: Bitcoin is crashing
« Reply #2 on: December 07, 2013, 04:49:32 PM »
Nothing to see here folks, just a small panic attack because of Baidu :)
Logged
NXT: 17065502803177782100
BTC: 19Qq6bnMJY5RZnEooHYmHguYLhabKtdNdc

Offline 3911358776832818966

  • Fresh Nxter
  • *
  • Posts: 11
    • View Profile
Re: Bitcoin is crashing
« Reply #3 on: December 07, 2013, 11:40:28 PM »
I've been following the BTC course, never seen such a volatile currency.  Trading might have huge pay off (or you lose it all)
Logged
NXT: 3911358776832818966

Offline gnuberg

  • Fresh Nxter
  • *
  • Posts: 12
    • View Profile
Re: Bitcoin is crashing
« Reply #4 on: December 08, 2013, 12:54:33 AM »
oakwarrior, agree
BTC didn't drop more than 1/2 of his top state. So some fluctuations is OK.
Logged
NXT: 8903153847365704329

Offline DiCE1904

  • Nxter
  • **
  • Posts: 52
    • View Profile
Re: Bitcoin is crashing
« Reply #5 on: December 08, 2013, 11:50:30 AM »
nows the time to buy low. sit on it and sell high. Or let a trade bot take care of it  8)
Logged

Help me add more SCUM nodes
NXT: 18422382461553642657

Offline qibucks

  • Fresh Nxter
  • *
  • Posts: 5
    • View Profile
Re: Bitcoin is crashing
« Reply #6 on: December 09, 2013, 02:02:45 AM »
Personally I bought btc and nxtcoin when they were high last week and now my holdings have gone down by 30 and 75% respectively for both coins but this is just a short term blip. I would like to see though the coins becoming more mainstream and less technical and nerdy for the la folks like myself. :)
Logged

Offline opticalc

  • Global Moderator
  • Nxter
  • *****
  • Posts: 107
    • View Profile
Re: Bitcoin is crashing
« Reply #7 on: December 09, 2013, 11:54:44 PM »
well everything is well on the way back up.  QRK is leading the charge.  Even IFC is starting to pick up.  And Nxt is still dropping.
Logged
Not a stakeholder, so NXT accepted here: 12692935506199079028 if you think I've given value here

Offline coinseller2014

  • Fresh Nxter
  • *
  • Posts: 14
    • View Profile
Re: Bitcoin is crashing
« Reply #8 on: December 10, 2013, 04:42:38 AM »
Yep good time to buy qrk
Logged

Offline DiCE1904

  • Nxter
  • **
  • Posts: 52
    • View Profile
Re: Bitcoin is crashing
« Reply #9 on: Today at 02:34:35 AM »
Quote from: coinseller2014 on December 10, 2013, 04:42:38 AM
Yep good time to buy qrk

LoL  ;D

are you a bag holder from the qrk pump and dump?
Logged

Help me add more SCUM nodes
NXT: 18422382461553642657

Offline Kazing

  • Fresh Nxter
  • *
  • Posts: 6
    • View Profile
Re: Bitcoin is crashing
« Reply #10 on: Today at 03:09:09 AM »
Everything seems to be on track to being back to where we were before the crash. I hope you guys bought as much as you could during the crash?
Logged

Offline DiCE1904

  • Nxter
  • **
  • Posts: 52
    • View Profile
Re: Bitcoin is crashing
« Reply #11 on: Today at 04:45:31 AM »
Quote from: Kazing on Today at 03:09:09 AM
Everything seems to be on track to being back to where we were before the crash. I hope you guys bought as much as you could during the crash?

bought a couple K at 640-724

woooo!  8)
Logged

Help me add more SCUM nodes
NXT: 18422382461553642657
Pages: [1]   Go Up
« previous next »