Bitcoin Forum

Economy => Speculation => Topic started by: xlKamikazeels on November 18, 2013, 05:23:35 PM



Title: I think we'll see 800 by the end of the day???
Post by: xlKamikazeels on November 18, 2013, 05:23:35 PM
The way that it's been increasing, and if this trend continues, I think it's going to hit 800 by the end of the day.  I been watching this like a hawk
(http://bitcoinity.org/markets)  I'm assuming this is what everyone uses here cuz it's effing awesome!!  Anyway I think this is the most I've see the All time highs going off in one day-so closely to another spike day.  Like some kinda of a rouge wave or something.


Title: Re: I think we'll see 800 by the end of the day???
Post by: move_zig on November 18, 2013, 05:25:20 PM
It's close already.

4,600.00 CNY = 754.816 USD


Title: Re: I think we'll see 800 by the end of the day???
Post by: xlKamikazeels on November 18, 2013, 05:32:29 PM
Ok Im a uber n00b, what do those hieroglyphics mean?  Be gentle, I'm a moron  :-\.


Title: Re: I think we'll see 800 by the end of the day???
Post by: rampantparanoia on November 18, 2013, 05:34:08 PM
Ok Im a uber n00b, what do those hieroglyphics mean?  Be gentle, I'm a moron  :-\.

Hieroglyphics?

CNY = Chinese Yuan
USD = United States Dollar


Title: Re: I think we'll see 800 by the end of the day???
Post by: film2240 on November 18, 2013, 05:35:21 PM
I think it'll hit £600 GBP by end of the week as when I woke up this morning it was £327 now over £415 GBP (time of writing).I wish I held onto more of my bitcoins earlier (got around 0.684BTC at the moment) though so I can really benefit from the recent hike in value. :)


Title: Re: I think we'll see 800 by the end of the day???
Post by: move_zig on November 18, 2013, 05:42:25 PM
Latest price on btcchina:

4,748.97 CNY = 779.561 USD


Title: Re: I think we'll see 800 by the end of the day???
Post by: culexevilman on November 18, 2013, 05:46:18 PM
wow broke 800!


Title: Re: I think we'll see 800 by the end of the day???
Post by: move_zig on November 18, 2013, 05:53:59 PM
Confirmed.

ATH at btcchina:

4,879.00 CNY = 800.634 USD


Title: Re: I think we'll see 800 by the end of the day???
Post by: BittBurger on November 18, 2013, 05:56:39 PM
Why isn't everyone crapping their pants right now like me?



Title: Re: I think we'll see 800 by the end of the day???
Post by: Mirsad on November 18, 2013, 05:57:15 PM
China is on the way down (little correction) before 5000!


Title: Re: I think we'll see 800 by the end of the day???
Post by: thetopham on November 18, 2013, 05:58:01 PM
Why isn't everyone crapping their pants right now like me?



I've crapped my pants daily ever since 200


Title: Re: I think we'll see 800 by the end of the day???
Post by: BittBurger on November 18, 2013, 05:59:18 PM
Why isn't everyone crapping their pants right now like me?



I've crapped my pants daily ever since 200

Thats good to know.   Im running around my house texting people.


Title: Re: I think we'll see 800 by the end of the day???
Post by: NUFCrichard on November 18, 2013, 06:31:33 PM
New all time high has almost lost meaning now!
When we broke 266 I was excited, then with 300, now it's just crazy!


Title: Re: I think we'll see 800 by the end of the day???
Post by: True___Blue on November 18, 2013, 06:37:46 PM
New all time high has almost lost meaning now!
When we broke 266 I was excited, then with 300, now it's just crazy!

x2


Title: Re: I think we'll see 800 by the end of the day???
Post by: SgtSpike on November 18, 2013, 06:39:25 PM
Interesting that the US exchanges are so far behind, but it definitely shows that China is still the backbone of this rally!


Title: Re: I think we'll see 800 by the end of the day???
Post by: BitchicksHusband on November 18, 2013, 06:39:43 PM
I think people watching Bitcoinity are getting ALL TIME HIGH burned into their monitors now.


Title: Re: I think we'll see 800 by the end of the day???
Post by: Rival on November 18, 2013, 07:10:18 PM
Interesting that the US exchanges are so far behind, but it definitely shows that China is still the backbone of this rally!

It's just that it takes a ton of time to get cash into any other exchange. Nearly every cent of fiat in the other exchanges has already been spent. Everywhere around the world ACH and wire transfers are piling up in the slow queue as the prices keep rising. Gotta hate that dinosaur system we are still stuck with.

Chinese can deposit today and buy today. Western regulation is making the Chinese rich at our expense.


Title: Re: I think we'll see 800 by the end of the day???
Post by: Cryddit on November 18, 2013, 07:24:08 PM
The large holdings in bitcoin from the early days of mining are mostly American.

Naturally the supply curve looks different in the US, and they have a lower price.  But it seeks a global equilibrium as money flows across borders. 

It interests me that Chinese money is flowing into America at an increasing rate right now in order to buy bitcoins.  Probably good for the American Economy, but not a very noticeable effect until/unless Bitcoin picks up another order of magnitude in price.





Title: Re: I think we'll see 800 by the end of the day???
Post by: Bitbuy on November 18, 2013, 07:54:10 PM
Why isn't everyone crapping their pants right now like me?



I've crapped my pants daily ever since 200

I had to cash out to pay for all the diapers I have been needing since 250  :o


Title: Re: I think we'll see 800 by the end of the day???
Post by: wblabla4 on November 18, 2013, 08:26:26 PM
pop