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Title: One week bit coin rally - what happened? Post by: twolifeinexile on January 17, 2013, 10:53:10 PM Any ideas?
Some asset manager allocate capital into bitcoins???? Some wash sale by a big drug cartel?? Some new year optimism? Some exchange lose their private key on a liquid hot wallet??? Please speculate! Title: Re: One week bit coin rally - what happened? Post by: Luno on January 17, 2013, 11:04:56 PM the return from $2 looked like this. Slow steady rise every day for weeks with no serious dumps. The market was much smaller then than now though.
Title: Re: One week bit coin rally - what happened? Post by: kokojie on January 17, 2013, 11:12:36 PM Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the price to $30+ Title: Re: One week bit coin rally - what happened? Post by: Luno on January 17, 2013, 11:19:19 PM Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the price to $30+ And live like this??? http://media.reason.com/mc/kmw/2010_10/homeless.jpg?h=322&w=500 Title: Re: One week bit coin rally - what happened? Post by: gimme_bottles on January 17, 2013, 11:29:45 PM Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the price to $30+ And live like this??? http://media.reason.com/mc/kmw/2010_10/homeless.jpg?h=322&w=500 he will just have to wait a few years until it pays back :P Title: Re: One week bit coin rally - what happened? Post by: tbcoin on January 17, 2013, 11:34:19 PM some people are hoping see bitcoin in Mega
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