GoldCoin Talk
Main Category => GoldCoin Discussion => Topic started by: Alty on December 18, 2013, 04:07:51 AM
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Goldcoin crashing because Bitcoin taking a battering:
This is the reason:
http://www.nytimes.com/2013/12/19/business/international/china-bitcoin-exchange-ends-renminbi-deposits.html?_r=1& (http://www.nytimes.com/2013/12/19/business/international/china-bitcoin-exchange-ends-renminbi-deposits.html?_r=1&)
Bitcoin has shown enormous resistance in the past and so has Goldcoin.
There is no reason why this isn't just another temporary blip, albeit a big one.
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Yep. Will be purchasing more GoldCoin as a result.
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I to will be purchasing more GoldCoin now is the time
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low price yay~~!
now my wallet is 5 digits~~yayy
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This is not the first time China has cracked down on digital currencies. In 2009, the government banned an online currency developed by Tencent, one of the country’s biggest Internet companies.
Purchasing more GoldCoin now is the time Buy Buy Buy
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I think the fact that bitcoin did not drop below $400 (unless i missed it) is huge for the coin.....and for the market in general with all the bad press the last few days....it definitely feels orchestrated but a few countries stepped in to slow it down....I picked up a lot of GLD yesterday and so far today and i am still mining like crazy...so....hopefully 2014 is the year of the alt!
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These are growing pains for CryptoCurrency.
Fill your wallets
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.. Bitcoin down almost $200.00, GoldCoin down less than 2 cents! :D ;D :D
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Remember the secret of success in life is for a man to be ready for his opportunity when it comes.
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Remember the secret of success in life is for a man to be ready for his opportunity when it comes.
Amen!
the fact BTC dropped like 60% is not a huge news, it's just the fact now its value so high that people panic
and the press makes it even more scary to those who jumped in for quick buck
cryptos are a marathon, long term investment and not just that - change of our monetary system
so keep your cool, don't do anything stupid and if you can afford.... buy more coins!
or mine.. mine.. mine ;)
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Damn - and I bought a lot more yesterday....!
Sent on the move
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None of this will happen overnight. Truthfully, all news is good news when it comes to bitcoin. The run-up, the frenzy. It helped bitcoin and the alts gain some great exposure. Put it more in the mainstream for adaptation. Don't fool yourself if you think it is going away. I guarantee there are start-ups out there which are fighting to be the first to the punch. Time will tell. All we can do is build up the community as well as the technical and marketing infrastructure in the meantime.
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The dip is smaller this time than the last time (in april) so no need to worry
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Not much to worry for us looking into the long term but I can see how devastating it can be for short term investors. I try not to look at the values of crypto each day but... haha
Now that I'm mining, im definitely in it for 2+ years. I will reward myself at each milestone as gld increase in value