Quote:
Originally Posted by directfiesta
Aside from gambling, what is ' backing ' the value of Bitcoin ?
Seriously ...
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Nothing. I think...
Quote:
Originally Posted by tammix
the cryptos are very volatile for now, as we see with this South Korea issue, maybe in the future they will be more stable
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The article says it sparked a panic sell-off. This makes sense if its hard to get actual money in SK and if they charge the 70% premium charge is true. No wonder people paniced.
Quote:
Originally Posted by Paul Markham
When you deal in BTC or any cryptocurrency, you take a gamble. Prices are not guaranteed value can go up or down.
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But this is true of any stock too is it not?
Quote:
Originally Posted by onwebcam
The exchanges need to ban the trading bots...
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But aren't bots allowed to trade on the NYSE and others?
Quote:
Originally Posted by nikki99
btc is already a bit higher than this morning....
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Yup. It's up from $9500 at around 11am to Just over $10,000 USD now (at 12:30pm eastern time), so.... time to dance!
