Silk Road forums

Discussion => Newbie discussion => Topic started by: aussiebuyer12 on March 27, 2013, 11:19 pm

Title: Why do bitcoins rise in value so fast? and can or will they crash ?
Post by: aussiebuyer12 on March 27, 2013, 11:19 pm
Why do bitcoins rise in value so fast? and can or will they crash ? if so by how much and why?

and also how do u convert ur bitcoins into real life money?
Title: Re: Why do bitcoins rise in value so fast? and can or will they crash ?
Post by: LexLuthor on March 27, 2013, 11:42 pm
Financial crisis in europe plus more mainstream attention. As long as SR grows btc will probably grow in value, might dip in the short term though.
Title: Re: Why do bitcoins rise in value so fast? and can or will they crash ?
Post by: MordoandRigs on March 27, 2013, 11:50 pm
I think the rise is due to more people learning about it, more news coverage, and the situation in Cyprus. Can they fall? Certainly, but when they will I'm not sure. It's all speculation to go up or down so I don't know. I still think there's some type of scheme going on with the early adopters cashing out big time which is why I'm not dumping any money in, just 1 or 2 coins.