Bitcoin heading towards $200, new bubble forming

Re:Bitcoin heading towards $200, new bubble forming by peteretep on Saturday October 19, 2013 @07:43AM (#6576062)

So take a decision now about when you'll sell, write it down, and stick to it. Mine has a 5 year timeline, or a specific value (a few orders of magnitude more than today) at which I'll sell.

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Re:Bitcoin heading towards $200, new bubble forming by pmarca on Saturday October 19, 2013 @08:04AM (#6576110)

"When the facts change, I change my mind. What do you do, sir?" --JM Keynes

:-)

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Re:Bitcoin heading towards $200, new bubble forming by yafujifide on Saturday October 19, 2013 @09:05AM (#6576254)

If bitcoin replaces the dollar as the unit of account, currency of international trade, world reserve currency, and so on, it might be better simply to spend the bitcoins than to "sell" them.

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Re:Bitcoin heading towards $200, new bubble forming by jafaku on Saturday October 19, 2013 @10:26AM (#6576506)

If that ever happens, our homes are gonna be visited by flying drones. But you don't need that to happen for Bitcoin to make you rich. It could very well just stay as a high value, scarce commodity. A few whales buying in can make it happen.

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