Bitcoin Forum

Is anyone going insane due to this wild roller coaster ride? I just cannot take my off of the chart.

I certainly am. I've been waiting for a bank deposit to clear since Monday.

I fell asleep, it gained $1 ...

Not sure if I should ever fall asleep again.

*Can't sleep bear will eat me*

I am, I just got some funds cleared in Gox now my balls dropped off and I daren't place an order.

Yes.

Exactly same thing happened last year also.

This doesn't excite me too much anymore. I'm a veteran. I went through all this last year. Had sleepless nights for weeks when the price crawled up from $5 to $10, $15..... When my money finally arrived at MtGox I bought at $30.

Muahahahaha! Suckers! You don't know the pain! You just don't know the pain!!

well I just bought at £9.55  :-\

You must have gotten into bitcoins just before I did. By the time my money cleared to an exchange, the price had dropped below 15 USD/BTC. Looks like it has just about recovered :)

Ouch! Try to eats some spinach, me thinks the price will go up to $40 ug ug ug Olive

I kept buying after that. minus a couple coins spent I'm a few hours away from break even it seems.

I wish I'd been around when the price dropped to $2, I started buying in at £3.40 (about $5 I think)

Next week will be even more fun. Either Pirate can meet his obligations and 100's of 1000's of btc's will find their way back to investors, many of whom may be looking to cash out. Or it turns out to have been a ponzi and people have 100's of 1000 of btc less than they thought.  Either way, its gonna shake the market.

Place your bets now :).

I think one day we'll laugh about even bothering to convert bitcoin to another currency.

price is dropping right now! I bought at £9.55 2 hours ago and last trade was £7.88 !

Spinach! Now!

It' going to affect the other HYIPs too, so there'll be a domino effect.

It's been a turbulent couple of weeks between one thing and another.

Never a dull moment in Bitcoin land.

YEEEEEEEEHAWWWWWWWW!!!

https://i.imgur.com/oNv3al.png (https://i.imgur.com/oNv3a.jpg)

Gotta love the 24/7 rollercoaster.  All successful products benefit from having an exciting story behind them, if only to generate ongoing publicity and easy translation to media narrative.  Satoshi is far more interesting than Bill Gates/Steve Jobs/Mark Zuckerberg, and the story of Bitcoin is already packed with colorful anecdotes and characters to rival any tale from the technology industry.  Perhaps not enough material yet for a movie but, at a minimum, I'm pretty sure eventually a book will be written and a documentary will be filmed covering the events we are currently witnessing.

Personally, I think there's too much material. Not too mention, too many characters. How would you pack the following into a film that could be viewed in one sitting?

• Satoshi's white paper
• Mining the Genesis Block
• Development team forms
• Bitcoin forum is created (first incarnation)
• 10,000 BTC exchanged for pizza
• Satoshi disappears
• Numerous altcoins
• Dollar parity
• First Slashdot article
• First Bubble
• MyBitcoin.com fiasco
• First major price drop
• Mt. Gox incident and subsequent rollback of trades
• Second price drop (bubble officially burst)
• Gavin's CIA visit
• Silk Road (and their continued existence)
• etc. (it's been a really long day and I'm much too tired to go on)

I can honestly say I've been driven to the edge as I'm now checking on my trades constantly 24/7 at 2 exchanges.What drove me nuts was the fact that I tried to sell ~9.47BTC (when BTC was £10.20 each) at intersango yesterday,it never got carried out so I lost out big even though others were successful when they old BTC each at around $15.Thanks a lot intersango :( I thought BTC trades were more responsive to market conditions like NYSE and other stock exchanges.Any of you guys know of a good exchange that does BTC to GBP? As I'm fed up with Intersango.

Just Intersango or Mt.gox I think, and there's not much between them, they are both ok IMO, on the odd occasion I've had issues they've been sorted *reasonably* promptly. I don't use Intersango these days much because I use cash mainly and I can't get it into their exchange since they switched to MetroBank.

Is Mt Gox a good exchange?If so I'll move to them.Are trades quicker on Mt Gox than Intersango? As I can't afford to wait a lifetime to profit.

With that much material, we can plan for a docudrama about bitcoin and make it trade exclusively with bitcoin.

Like I said they're both pretty similar, both 'gox and 'Sango grind to a halt when everyone's  trying to profit on a rapid swing in rates. If anything I prefer Intersango because you can see the order book on your trade form, but I find myself using gox more because of the cash funding option.

I have not slept in over 36 hours because of my large PPT investments  :'(

Watching idiots lose their money is hilarious to me. I don't speculate and I don't invest in very obvious scams. If this volatility is scaring you then either Bitcoin isn't for you or you can use this as a teaching moment. Specifically don't invest your life savings in some nobody's scheme.

whats PPT

I'm not going insane

Pirate Pass Through. Basically a way to get into BTCST without actually getting into BTCST. Think of it like a grocery co-op for losing your shirt.

Definitly not insane, I'm doing great....smelled danger, and got out of the market with a profit and didn't expose myself to the pirate ponzi (again, didn't seem right) now I'm holding usd until the next opportunity...

If you can buy now, I think you should go ahead. I'd guess lot of USD is about to hit the exchanges. It's faster to deposit bitcoins onto an exchange than it is to deposit USD.

TL;DR Very roughly, the sellers have sold before the buyers could buy. Undervalued in my opinion.

OK, what's the satoshi disappearing shit?

I was insane before the charts started going wild... After having watched from a distance for quite some time now, I think I'm finally back to sane status.

But don't quote me on that.

Seriously, don't quote me. I don't grant you permission to use my words in any replies you may have. Shame on you if you already opened a reply with my quote.

shame on me too

If you can't handle a little market fluctuation, investments aren't for you. I'm sure there were people post-1929 who made a killing from predicting the market.

Your stupidity harms the community. It is people like you who made the price fall. I hope you've learnt your lesson.

When bitcoins were first introduced, Satoshi was active on the forums and helped the developement team. Then he just stopped posting. Nobody knows who he was (except maybe Gavin, but he won't say one way or another). Satoshi might be one of the dev team, or just one of us, or he might have just walked away from his creation. Nobody knows.

who MADE the forum?

where's a post by satoshi

https://bitcointalk.org/index.php?action=mlist;sort=registered;start=0

i have more posts than satoshi, i win

most of the fools who gave pirate40 are or will be going insane for about 36 hours also