Bitcoin Forum

10 pounds go for 15.95 US$ at current rates. We already got there this morning and soon we could be above it stably.

I hope we can keep this value for some time as I explain people around here about Bitcoin.  :P

Yeah, it's nice to have a round value. A while ago it was ~10€.
Hope we reach 20€ soon  ;D

£10.6  8)

£10.85  8)

£11.6

Woha.

£12.20!!!!!!!!!!!!

Last price:£10.52600
High:£12.31018
Low:£9.95680

 :(

£12.4  :)

£13.4

1 BTC ~=£100


£100  8) :o

This is hilarious 8)

Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!

Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future.  If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.

Well, 2GBP meant a 20% increase then.

I recognise it was a big shift then - especially given growth was slow but steady around that time.  But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding.  My flabb is ghasted!

I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.

:D ;D

Granted.  Cheers gents :)

It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.

I sure wish things calmed down a bit because it cannot end well following this curve for too long.

But in the other hand I'm loving it.

This is why it's a good idea to always look at the price with a log y axis - it's like an axis rescale to show percentage changes rather than linear changes. It makes the changes easier to eyeball.

Absolutely agreed with you both on looking at percentages/log scale y when it comes to making realistic comparisons and rational judgments.

It was just a harmless expression of astoundedness from seeing in such a tiny time span my holding go up by the value of the whole of my holding when it was at £12 - and it looks like it's happening again as we speak!

Yep. Right now even on a log scale, it curves up (exp of an exp). A bit scary to be honest.

A half gold sovereign is worth £130 right now. We're getting there (£127).

Yahoo. 1 BTC > 1 half gold sovereign

https://i.imgur.com/kZMviqq.png

Yes, but you can't make a ring out of a bitcoin and smash someone's face with it, can you? I'll stick with sovs, thanks.

https://www.casascius.com/  ;D

:groan: :)