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Bitcoins

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  • China is a regime where they shoot you dead and harvest your organs based on your differing political views. I'd hope most countries are not quite so harsh in their controls

    So long as people arent stopped from use, I cant see its that bad. I dont see BTC as steady enough to be used in B2B commerce, China also restricted usage of raw copper as capital in building deals
  • Hey I have lot of doubt in bit coin? Is that bit coin is the virtual currency? So Can I deposit and use it when I travel abroad
  • manhattan
    manhattan Posts: 1,461 Forumite
    Uniform Washer
    Down -30% today... The Chinese are panic selling.
  • Poor DJBenson... I wonder how those that bought in at $1k+ are feeling.
  • I'm now 36% down and have to say, the feeling of panic has now set in!!
  • dryhat
    dryhat Posts: 1,305 Forumite
    DJBenson wrote: »
    I'm now 36% down and have to say, the feeling of panic has now set in!!

    Unless it was your life savings, I wouldn't worry about it.

    Regardless of the price drops (fuelled by events in China) Bitcoin is here to stay.
    Panic selling will soon stop and the price will rebound.
  • Not quite my life savings, but a good chunk of my liquid assets (the rest being tied up in regular savers, shares etc.)

    Part of me wants to get some more whilst their cheap, I must be mad...
  • dryhat
    dryhat Posts: 1,305 Forumite
    DJBenson wrote: »
    Not quite my life savings, but a good chunk of my liquid assets (the rest being tied up in regular savers, shares etc.)

    Part of me wants to get some more whilst their cheap, I must be mad...

    In about an hour or so when America starts to wake up and sees the price they are going to be buying like crazy.
  • mmedia
    mmedia Posts: 38 Forumite
    Does anyone know of an easier way to become a seller than do Bitbargains 26 question paid test? Can i send my coins elsewhere and sell? (Not that i am selling now)
  • mmedia
    mmedia Posts: 38 Forumite
    edited 18 December 2013 at 1:06PM
    By the way, im sure 1 BTC was going for £300 and hour ago and now back upto £400.

    I was about to buy back in lol
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