Bitcoin breaks $200

Always said:
Though I could eat my words if they do carry them, and at 5 each, there probably isn't a lot of harm in buying some up.
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People who bought ixcoin, solidcoin, or terracoin would disagree with you. I think litecoin is less likely to totally fail but coins do fail all the time.
 


conv3rsion said:
People who bought ixcoin, solidcoin, or terracoin would disagree with you. I think litecoin is less likely to totally fail but coins do fail all the time.
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But none of those coins had the MtGox hype behind them like LTC does, so short term, if this rumor keeps persisting, they might rise in value, or god forbid MtGox actually carries them, there is a definite rise in value - no real reason for any of those coins to rise in value
 
Always said:
Why is the number of people accepting LTC growing? Show me a single person accepting LTC as payment. Like literally. Anyone.
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I accept it. I know several who do too.

Always said:
Dude, you didn't give a single reason why they would carry it to counter my points. LTC is not "too big not to carry". Look at the charts. They just recently got ANY value. LTC is not big, people are buying them up speculating that MtGox will carry them, that is the only value.
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Relax bro. Relax

Always said:
That and they are the alternative cryptocurrency currently worth the most, so if something were to happen, like MtGox carrying, it would be to them.

Though I could eat my words if they do carry them, and at 5 each, there probably isn't a lot of harm in buying some up.
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...
 
Always said:
Why is the number of people accepting LTC growing? Show me a single person accepting LTC as payment. Like literally. Anyone.

Dude, you didn't give a single reason why they would carry it to counter my points. LTC is not "too big not to carry". Look at the charts. They just recently got ANY value. LTC is not big, people are buying them up speculating that MtGox will carry them, that is the only value. That and they are the alternative cryptocurrency currently worth the most, so if something were to happen, like MtGox carrying, it would be to them.

Though I could eat my words if they do carry them, and at 5 each, there probably isn't a lot of harm in buying some up.
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In a bubble as bitcoins are people are always searching for an alternative. If Bitcoins are worth $230 then Litcoins should be worth easily $57.50 ( Since there are 4 times as many litcoins as bitcoins so $230 / .25 = $57.50)
 
Always said:
But none of those coins had the MtGox hype behind them like LTC does, so short term, if this rumor keeps persisting, they might rise in value, or god forbid MtGox actually carries them, there is a definite rise in value - no real reason for any of those coins to rise in value
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Mt Gox carrying litecoins will not cause me to buy litecoins. Its much easier to buy litecoins with bitcoins (at btc-e or vircurex) than it is to buy bitcoins with cash.

To me, saying an exchange will carry a currency, so therefore the currency will go up, is not exactly logical. Maybe it can happen, but I'm not betting a single bitcoin on it.
 
conv3rsion said:
Mt Gox carrying litecoins will not cause me to buy litecoins. Its much easier to buy litecoins with bitcoins (at btc-e or vircurex) than it is to buy bitcoins with cash.

To me, saying an exchange will carry a currency, so therefore the currency will go up, is not exactly logical. Maybe it can happen, but I'm not betting a single bitcoin on it.
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Well you wouldn't. But it would bring a ton of attention to Litecoins, and a ton of people will hop on the speculation bandwagon making them rise, just like bitcoins with all this media attention (though on a smaller scale)
 
Always said:
Well you wouldn't. But it would bring a ton of attention to Litecoins, and a ton of people will hop on the speculation bandwagon making them rise, just like bitcoins with all this media attention (though on a smaller scale)
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I'm not convinced.
 
stages_bubble.png
 
cpauser said:
I can see litecoin at 7 soon, but bitcoin is still the best in terms of stability and viability
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sounds like some more very savvy predictions but the real question is where do you see the bulk instagram account market in a few weeks?
 
I'm guessing I'm going to seem like a complete douche and must be missing something, but hasn't LTC increased by the same factor as BTC over the last 60 days, if not more? Like 10 fold from what I saw on the LTC graphs. If you'd put the same amount into LTC as you did in BTC back in February you'd be sitting even prettier right now.

Except of course that buying the damn litecoins is even harder than buying BTC, so much so that the btc-e exchange is fucked to the point of people not being able to log in anymore.
 
Kiopa_Matt said:
Another quick note. You guys all realize that Bitcoins have already been headlined on Wall Street Journal, CNN, Foxnews, MSNBC, etc... right?

So I could be wrong, but there's a decent chance this is as good as it gets for Bitcoin. There's still loads of demand, so give it another 2 - 3 weeks to start simmering down, then make sure you get out before BTC goes the way of tickle-me elmos. I would imagine the demand you see now is as high as it'll ever get, unless something out of the ordinary happens, like Spain trying to pull a Cyprus.
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this is happening. The "bail-in" templates have been written in all these countries INCLUDING USA just in time for the dominoes to fall. Confiscation is happening...Not joking here. FDIC will not be able to save you if a big bank goes under.
 
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