Bitcoin Forum

Apple unban bitcoin related apps.

Full story
http://www.coindesk.com/bitcoin-wallet-apps-re-enter-ios-store-apples-digital-currency-policy-shift/

This is old news (apple policy change). Plus, nothing short of bitcoin opening on nasdaq tomorrow would could such a sudden giant unnatural shift in trend as that.

If apple started accepting for everything and launched their own super fast low rates exchange, that would get $700 but we all dream. 

Or if Obama announced "Start buying bitcoin or you are going to die!"

I don't think even that would do it. As we've seen over and over, merchant adoption just doesn't have anywhere near the immediate price impact that we expect it to. This is because there is no immediate increase in bitcoin usage because of this. New users don't start using bitcoin right away just because a merchant adopted it - it is mostly existing bitcoin users having one extra way to spend (dump) their coins. Eventually it manifests as growth but not right away. I'm not saying adoption is bad; I'm just saying it doesn't have the immediate effect that you'd expect. There is no technical force behind an immediate effect.

Infrastructure improvements to broaden the exchange system, on the other hand, do have an immediate effect - this is because the in-flow of money and ability of new users to enter the system is increased.

Agreed, increase is always slow if the drive is from new users/routes. Its always a shame in markets that the drop is so much quicker than the climb. A nice stable price with plenty of trade/spend option is a much nicer dream than sky high flaky prices.   

forget 700 lets hope for 600$ ;)

It is still a very positive news like expedia, monoprix, yahoo finance

Yes, thats right, but it is not enough for now. Think the price is going to400$ and will stay for some time like this. Hope will be700 in a few weeks.
BR
Gondel

Up down, up down, this is the life of BTC for a while. One day it will be stable.

Because i need to sell btc to pay my bills. Please you GOD bitcoin, ask for my whishes!

There is no God of BTC, only the devil of BTC.

It is very unlikely we will go up to 700$ but it is possible ;) I don't want to kill all your dreams and hopes

Try to earn more fiat not to touch your BTC stash next month ;)

I earn my fiats with bitcoins, i work online, lol.

No this wont make any major price changes. It's good news but nothing that will make people buy coins. Not this alone at least.

Surely is a good news but, is too much soon to say that bitcoin price will rise to 700$ tomorrow.

I can wait a few weeks for that; 700$ will just be the starting point to go to 1000$ then higher ;)

Guys, I just found another good news, it should hit 700$ this time if not close.

http://www.coindesk.com/digitalbtc-makes-history-australian-stock-market-debut/

Obama is starting to accept btc for obamacare premiums... Lol

I have to say this is some great news indeed and the timing well let's just say I'm not complaining hahaha.  Two excellent pieces of news that would have been huge not very long ago almost feels like "the norm".  The price is isn't really what matters most but instead the adoption is key for overall success.

It's at $587 at preev, I doubt that it will even hit $600 tomorrow, but I do hope I am wrong.

Here are the announcements on the ASX..... share price has jumped this morning from 5c to 29c.

https://dl.dropboxusercontent.com/u/20972718/document(3).pdf

https://dl.dropboxusercontent.com/u/20972718/document(4).pdf

I don't see why this should affect the bitcoin price in any significant way. It is neither a way for people to buy bitcoins nor is it a way for people to even buy some kind of bitcoin derivative - it is simply shares in a company. It would be like if ButteryFly labs opened on the stock market. Perhaps this is a way for the common person to help improve bitcoin architecture (provided by a single company) so maybe it would improve the price slightly.

slightly...
yap, if we're talking bout small amount of peoples

nah, like i care, lets hoping that in the end of year, it'll be burst up to 800
so we can throw a big party in the new year night  :D  :D

I believe it does has a big impact cause if its listed, many investor would read about it and might purchase btc directly.

We crossed 600$, maybe we will go back on track and cross 700$ this week

I surely hope we will, we had a lot of positive news

We need longer than a week to break $700. A week isn't enough time to fill in the chart properly. News doesn't matter.

OP failed miserably  ;D

don´t think it would hit 700 tommorrow,

because there are too much stupid bears and sellers on market. :o

A few minutes ago the weekly MACD shows the first green sign. Only short time before crossing MACD! ;)

But the market don´t understand it, i think. :o

They got all scared of the FBI Coins ....

correctly! - All shit down...

Back to top they are lame, down they are damn fast, especially bearstamp  ;)

Yeah he really did.

Well the FBI drop wasnt that bad, seems we are slowly creeping up again.

Bitcoin wallet won't make a huge price jump. It will allow more users to get into bitcoin in the first place, but not to that degree. And definitely not tomorrow.

In a regular market but it is not a regular market and 610>700 is only 15%

I'm actually basing it on how bitcoin typically trades, not based on regular markets.

Sooo..... yeah we didnt get any where near the $700 mark in the end.... expected really!!