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Bitcoin down 60% to $100

bitstamp.net

11–20 of 94 posts

Re: Bitcoin down 60% to $100

#15

Note that the price may not be live, but instead a CloudFlare cached version. The price may be incorrect.

If I wanted to sell my bitcoins right this minute do you think I could get a higher price? I don't. And that's the only measure of price that matters.

Re: Bitcoin down 60% to $100

#16
post #8
post #5

Earlier quoted context omitted.

There is a significant change at this time (it was at $80 20 minutes ago)

Where do you get those valuations? Every site I know of is down.

From intermittent access to the live version of bitstamp, sorry but I don't have any screenshot nor high res graph of this exchange. And bitcoinity has lot of lag.

Re: Bitcoin down 60% to $100

#18

Tell me again why any sane person would accept bitcoin as a currency for goods?

Please quit with the superficial throwaway comments, that's two content-free crowd-pleasers in under 15 minutes.

In answer to your question, pricing goods in a fluctuating currency is a well understood problem, and even with a single Google you'd find the Bitcoin community already have established solutions. The short answer: spot price is 99% noise, so don't use it.

Unapologetic for being annoyed at this stuff. Check parent's submission history, top-voted wise cracks have a ripple effect on the remaining comments for a particular submission.

Re: Bitcoin down 60% to $100

#20
post #15

Note that the price may not be live, but instead a CloudFlare cached version. The price may be incorrect.

If I wanted to sell my bitcoins right this minute do you think I could get a higher price? I don't. And that's the only measure of price that matters.

What I meant by that is the page will sometimes call a cached version from earlier today, which would be more inaccurate. I had the page load a cached version that had it at $225, and after retrying for a live version, it had it down to $160.
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