Bitcoin Forum

Economy => Trading Discussion => Topic started by: bitcoincraps on April 09, 2013, 03:04:52 PM



Title: $2000 / 5 hours This is insane !!!!
Post by: bitcoincraps on April 09, 2013, 03:04:52 PM
3 moths ago i have bought BTC 100 for $2000.

Today i went to shopping with my wife. When i came back, the price for a bitcoin was up $20. That means, the value of my 100 btc increased $2000 in 5 hours, which is the price i have initially paid to buy my BTC.

This is just insane. It looks like the mother of all bubbles....


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: RaTTuS on April 09, 2013, 03:07:13 PM
so cash out the initial investment and carry on ;)


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: momagic on April 09, 2013, 03:11:50 PM
so cash out the initial investment and carry on ;)

+1


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: Minor Miner on April 09, 2013, 03:16:15 PM
3 moths ago i have bought BTC 100 for $2000.

Today i went to shopping with my wife. When i came back, the price for a bitcoin was up $20. That means, the value of my 100 btc increased $2000 in 5 hours, which is the price i have initially paid to buy my BTC.

This is just insane. It looks like the mother of all bubbles....

The only thing that's insane is people still measuring the
value of things in fiat. Might as well value how much things
are worth in monopoly dollars.

Exactly, the US Dollar has fallen 75% against the lumber contract in the last three years (where are the headlines?).   How is the US $ doing against the price of gas at the pump?


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: RaTTuS on April 09, 2013, 03:23:04 PM
https://i.imgur.com/o70uUSr.png


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: Newscastix on April 09, 2013, 03:40:51 PM
3 moths ago i have bought BTC 100 for $2000.

Today i went to shopping with my wife. When i came back, the price for a bitcoin was up $20. That means, the value of my 100 btc increased $2000 in 5 hours, which is the price i have initially paid to buy my BTC.

This is just insane. It looks like the mother of all bubbles....

Its not insane... think in percentages...

Means it will become more extreme if the price increases...

10% rise at $5 is 50 cent
10% rise at $200 is $20
...


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: BitCoinLoft on April 09, 2013, 05:47:28 PM
3 moths ago i have bought BTC 100 for $2000.

Today i went to shopping with my wife. When i came back, the price for a bitcoin was up $20. That means, the value of my 100 btc increased $2000 in 5 hours, which is the price i have initially paid to buy my BTC.

This is just insane. It looks like the mother of all bubbles....

What has happened to Cyprus, that's what I call insance.


Title: Re: $2000 / 5 hours This is insane !!!!
Post by: georgeu2000 on April 10, 2013, 12:58:04 AM
3 moths ago i have bought BTC 100 for $2000.

Today i went to shopping with my wife. When i came back, the price for a bitcoin was up $20. That means, the value of my 100 btc increased $2000 in 5 hours, which is the price i have initially paid to buy my BTC.

This is just insane. It looks like the mother of all bubbles....

Actually USD is the mother of all bubbles at the moment: $15 trillion. That is about $1,000,000 per bitcoin.