Bitcoin Forum

Local => Marketplace (India) => Topic started by: dishwara on April 07, 2013, 11:58:00 AM



Title: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 07, 2013, 11:58:00 AM
Today bitcoin crossed 150 USD.
http://bitcoincharts.com/markets/mtgoxUSD.html


Title: Re: bitcoin crossed 150$
Post by: NilamDoc on April 07, 2013, 12:26:34 PM
It was goin to cross. I am sure we will just count the days before it crosses $200 soon.


Title: Re: bitcoin crossed 150$
Post by: Benson Samuel on April 07, 2013, 05:28:08 PM
Amazing gain post Cyprus


Title: Re: bitcoin crossed 150$
Post by: Benson Samuel on April 07, 2013, 06:36:54 PM
$ 160


Title: Re: bitcoin crossed 150$
Post by: Benson Samuel on April 08, 2013, 06:07:56 AM
Almost at 10K INR for each BTC.


Title: Re: bitcoin crossed 150$
Post by: Zaih on April 08, 2013, 08:43:05 AM
Next up: $200!


Title: Re: bitcoin crossed 150$
Post by: buysellbitcoin on April 08, 2013, 09:21:27 AM
185 now :)

Cheers


Title: Re: bitcoin crossed 150$
Post by: buysellbitcoin on April 08, 2013, 02:58:43 PM
And we are going to reach 200 soon... 194 now :)

Cheers


Title: Re: bitcoin crossed 150$
Post by: Pinwheel on April 08, 2013, 06:59:32 PM
so  ... what  .. to do  ??? sell or hold


Title: Re: bitcoin crossed 150$
Post by: buysellbitcoin on April 09, 2013, 05:44:58 AM
so  ... what  .. to do  ??? sell or hold

Bitcoin is going to touch sky highs in the coming years. But still its very small economy compared to other markets ( around 1 bln ) and will see lot of ups and downs, challenges, market manipulations and what not. So if you are uber long with bitcoin, just hold and do not worry much about price going high or low.

But again we need to pay bills and do business :)

So simple advise, book some profit regularly when you find you are making good money. In case you find bitcoin price going low and can afford buy, buy again. But in any case you must have certain % ( it can be anything 10, 20, 50, 90, 99 ) as your long term investment.

One more thing is always try to spend bitcoins rather than selling. For example you want to buy BFL single or planning to buy some property near your town. Sell some coins for INR ( I dont think property owner will take bitcoin at the moment ) and buy whatever you have planned. I dont find a good reason to convert bitcoins to FIAT and hold that. But you can convert it to FIAT as medium of exchange for buying something or investing in something.

Also, Never put all eggs in one basket :). Try to diversify your portfolio with some portion going in Gold, Property, Insurance and pension plans  and what not :)

Cheers


Title: Re: bitcoin crossed 150$
Post by: Benson Samuel on April 09, 2013, 06:09:17 AM
so  ... what  .. to do  ??? sell or hold

Create an Ecosystem. :)

Trade with it. Do not buy or sell :)

Once you have some, that is.

But that's me, limited material requirements.

Everyone needs to get their own speculation on this one as no one has seen trends like what Bitcoin has created.


Title: Re: bitcoin crossed 150$
Post by: Pinwheel on April 09, 2013, 10:11:54 AM
so  ... what  .. to do  ??? sell or hold


One more thing is always try to spend bitcoins rather than selling. For example you want to buy BFL single or planning to buy some property near your town. Sell some coins for INR ( I dont think property owner will take bitcoin at the moment ) and buy whatever you have planned. I dont find a good reason to convert bitcoins to FIAT and hold that. But you can convert it to FIAT as medium of exchange for buying something or investing in something.

Also, Never put all eggs in one basket :). Try to diversify your portfolio with some portion going in Gold, Property, Insurance and pension plans  and what not :)

Cheers

thanks for advice, much appreciated.  I already invested to BFL, not much but what I can loose easily, now will wait till it turn into something real. I seriously considering now to buy some ASICminer shares. Sort of bitcions which not only grow but also pays some dividends.

FIAT ? why would you like to buy that car, stay away. If you like the look buy small model and keep it on your table. For guy who trade bitcoins for longer then most members here knew about it, you must be driving Bentley by now.


Title: Re: bitcoin crossed 150$
Post by: buysellbitcoin on April 09, 2013, 10:16:36 AM
FIAT ? why would you like to buy that car, stay away. If you like the look buy small model and keep it on your table. For guy who trade bitcoins for longer then most members here knew about it, you must be driving Bentley by now.

rofl :P

Cheers

Edit : +1 for car analogy :)


Title: Re: bitcoin crossed 150$
Post by: apurvslam on April 09, 2013, 10:49:03 AM
!!!!!200!!!!! :o


Title: Re: bitcoin crossed 150$
Post by: buysellbitcoin on April 09, 2013, 10:49:27 AM
And crossed 200 :)

Cheers


Title: Re: bitcoin crossed 150$
Post by: buysellbitcoin on April 09, 2013, 10:51:49 AM
!!!!!200!!!!! :o

You bit me there :P

Cheers


Title: Re: bitcoin crossed 150$
Post by: apurvslam on April 09, 2013, 11:56:03 AM
!!!!!200!!!!! :o

You bit me there :P

Cheers

haha :p
The greatest redistribution of wealth in human history is happening right in front of our eyes. proud to be a part of it ...go bitcoins go keep on rising!!    :)


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 09, 2013, 12:13:48 PM
next destination will be 500 USD


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: buysellbitcoin on April 09, 2013, 12:16:26 PM
next destination will be 500 USD

ha ha ha :P
I see what you did with Title :)

Cheers


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: skang on April 09, 2013, 01:39:43 PM
300$ on or before 15 April.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 09, 2013, 02:15:39 PM
This looks like someone big is coming onboard Bitcoin.

Nothing can grow Market Cap like this unless someone was planning on involving in million/billion+ dollar transactions.

This is a market pump. May be a true valuation, but expect a nasty drop when 'Mr Big' decides to come onboard finally.

'Mr Big' will also be the cause for 500$ and maybe even $750.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 09, 2013, 02:18:35 PM
Any possibility of converting this thread to INR rather than USD?



Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 09, 2013, 03:27:45 PM
that is not one man behind or group. Started from Cyprus, fear to loose their savings pushing people toward btc. that is some serious money and a lot of rush.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 09, 2013, 03:30:43 PM
Follow the money Mr Pinwheel.
You will be surprised as to how many people are really really contributing to BTC right now.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 09, 2013, 06:37:23 PM
Dat Bitcoin is gonna make 10K USD before I wake up.

WTF is it doing?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 09, 2013, 09:12:18 PM
Converting to INR, instead of USD is not easy.
The main & most trading is done in USD & EUR only.
If some able to write a script or something to convert USD to INR, it may show in INR.
The price buysellbitco.in asks can be used, still the variations are very much & very fast.

3000 INR to 14280.11 INR in a month is very fast.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 09, 2013, 09:18:04 PM
Update this thread with INR Dishwara,

It is what we really need and you are the most experienced person here to bring us this data accurately and honestly.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 09, 2013, 10:14:56 PM
The truth behind Mr.BIG, is same as the illegal or dirty work done in any country, in the name of corruption.

Before the ASIC starts mining, the price MUST be increased, then only many can't/won't enter mining easily.
AMD cards available everywhere, so GPU mining became a profitable & next step in mining.
The next step after GPU must be a shady one, coz from simple experiment, bitcoin turned in to a serious "THE ONE" way of money making, which never happened in this world for the past 10000+ years.

If any one can get powerful chips & mine, then where is the control?
Yes, bitcoin is decentralized, BUT controlled by people, who in this community called by the name "MINERS".

Miners control price according to difficulty, so that bitcoin difficulty can be CONTROLLED & can be mined the way they want.
supply and demand.

Price will become stable, once the miners find mining with ASIC or whatever ABC, is profitable to them & it can't be mined by others.
Bitcoin is corporate now.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 10, 2013, 01:28:34 AM
The truth behind Mr.BIG, is same as the illegal or dirty work done in any country, in the name of corruption.

Before the ASIC starts mining, the price MUST be increased, then only many can't/won't enter mining easily.
AMD cards available everywhere, so GPU mining became a profitable & next step in mining.
The next step after GPU must be a shady one, coz from simple experiment, bitcoin turned in to a serious "THE ONE" way of money making, which never happened in this world for the past 10000+ years.

If any one can get powerful chips & mine, then where is the control?
Yes, bitcoin is decentralized, BUT controlled by people, who in this community called by the name "MINERS".

Miners control price according to difficulty, so that bitcoin difficulty can be CONTROLLED & can be mined the way they want.
supply and demand.

Price will become stable, once the miners find mining with ASIC or whatever ABC, is profitable to them & it can't be mined by others.
Bitcoin is corporate now.

ASIC is mining already, first was ASICminer (China), after GPU step is already going on for more then one year called FPGA.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 10, 2013, 04:26:42 AM
Their is difference between 10 Gh/s & 10 Th/s.
Bringing ASIC or whatever huge mining power will increase the difficulty very much, but the coins going to be mine won't increase.
This makes mining not profitable.
To make mining profitable, price must increase.
Even though all saying, use bitcoins as currency, miners see them as commodity only.
Miners pay for everything in fiat currencies, so btc value in usd & other fiat currency must increase.
Increasing price will increase difficulty again, so they will increase mining power.
An endless loop.
Miners decide when to increase price & how much to increase.

https://bitcointalk.org/?topic=7427.0


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 10, 2013, 07:12:28 AM
Their is difference between 10 Gh/s & 10 Th/s.
Bringing ASIC or whatever huge mining power will increase the difficulty very much, but the coins going to be mine won't increase.
This makes mining not profitable.
To make mining profitable, price must increase.
Even though all saying, use bitcoins as currency, miners see them as commodity only.
Miners pay for everything in fiat currencies, so btc value in usd & other fiat currency must increase.
Increasing price will increase difficulty again, so they will increase mining power.
An endless loop.
Miners decide when to increase price & how much to increase.

https://bitcointalk.org/?topic=7427.0

at current bitcoin price mining is very profitable, regardless of difficulty spike.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 10, 2013, 07:22:49 AM
@pinwheel, what you trying to say?
Just saying opposite to my post, make me feel, you trolling.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: buysellbitcoin on April 10, 2013, 09:03:59 AM
@pinwheel, what you trying to say?
Just saying opposite to my post, make me feel, you trolling.

I think what Pinwheel is saying is Bitcoin Mining is at its best profitable stage due to sudden rush in BTC USD prices. All Pinwheel is emphasizing that holding bitcoin or mining bitcoin will be much more profitable even if ASIC/orXChip come in to the radar.

While your point is more related to Economy and mining in general. You are trying to put light on one of the bigger aspects, that how this economy may/is/can being/be controlled by Mining... :)

Cheers


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 10, 2013, 10:49:48 AM
@pinwheel, what you trying to say?
Just saying opposite to my post, make me feel, you trolling.

what I'm saying is what I'm saying, with bitcoins now 248,  people now back mining with GPU and making good money like never before regardless of difficulty factors been on highest level 7672999.92016

and you writing - "This makes mining not profitable." and what I'm saying is that your assumption is WRONG

mining at current difficulty level with three 7970 GPU at 1950 mh/s will give you more then usd1000 per month. same rig was giving usd180 per month at difficulty level 4672999 and bitcoin cost 27

does it look like trolling to you


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 10, 2013, 12:42:30 PM
Yes, mining become profitable after the price increase.
Also mining litecoins & selling it for bitcoin gives maximum profit now.



Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 10, 2013, 12:50:40 PM
@buysellbitcoin
You can update this thread with INR value, which will help Indians who calculate in INR.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: skang on April 10, 2013, 12:54:21 PM
Going on 20,000 Rs any minute now!


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 10, 2013, 06:01:55 PM
It fell from $260 to $190:(


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 11, 2013, 03:15:40 AM
That, my fellow enthusiasts is the weakness of today's Bitcoin markets.

Pump & Dump will never go away in the Bitcoin world. It is the easiest way for few people to get rich.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: StLucifer on April 11, 2013, 03:37:12 AM
That, my fellow enthusiasts is the weakness of today's Bitcoin markets.

Pump & Dump will never go away in the Bitcoin world. It is the easiest way for few people to get rich.

i read somewhere that it was a panic sell off due to DDoS attack on mtgox...
if you search bitcoin news in google, the first few articles say this.. dunno how reliable.

If its true, this is just temporary.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 11, 2013, 03:41:59 AM
Yeah. Just read that Mt Gox had the highest volumes as they had added a bunch of accounts, But watching the troll box in btc-e made it evident that there was a pump operation yesterday and the day before.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 11, 2013, 03:52:04 AM
That, my fellow enthusiasts is the weakness of today's Bitcoin markets.

Pump & Dump will never go away in the Bitcoin world. It is the easiest way for few people to get rich.


when in flat currency trade there is regulations against such illicit activities, in bitcoins it is just wilde.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 11, 2013, 04:18:21 AM
I was about to sell when its value was more than $230 but now it fell too much. Btw, what could be the causes for the changes in BTC value? How does this actually work? Any good article?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 11, 2013, 04:26:07 AM
I can try to explain how it works.

Person A walks in with a huge amount of money and begins to buy Bitcoins all the way from 150$ to 266$, once he has finished his pump, he will have an average price for his all buys which will be far lower than the high that he has created.

He then sells all his Bitcoin that he purchased on the pump for that average price plus his profit, crashing the market. Other people jump in and scream bloody murder crashing the prices even more.

Bitcoin is awesome in a way that it will never lose value, but will always be susceptible to market forces until supply and demand begin to set the prices rather than Mt Gox speculators.

At a theoretical true end valuation of approx $190K each coin, Bitcoin's base value will grow way way more than it currently is.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 11, 2013, 04:43:20 AM
price will go up soon. now good time to buy.

mtgox has 15000 accounts waiting for approval.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 11, 2013, 04:44:33 AM
I agree.

What nobody is pointing out here is that although it crashed from $266, it gained 10% since start of play yesterday.

And seems to be holding out for now.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 11, 2013, 04:54:44 AM
@Benson, thank you for a simple xplaination:)


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 11, 2013, 05:04:16 AM
Saw this on twitter today:

David Seaman ‏@d_seaman 4h
Hey! If you really believe in #Bitcoin, you shouldn't be anxiously day trading it. This isn't http://Pets.com  stock, it's the future


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: buysellbitcoin on April 11, 2013, 06:33:02 AM
So what we learned yesterday is..
105 is new low :) and its not bad.. Its good news for long time investors..
Bitcoin has finally proved it is worth more than 100$ in such panic sell too :)

Cheers


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 11, 2013, 06:36:40 AM
Actually, $150 is the new low, that is why it stabilized around it. The drop to $105 regained very fast.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 11, 2013, 06:38:35 AM
It seems the price drop is just due to huge trading on mtgox, which frozen mtgox servers, that created illusion that price falling down.
So the value will again rise very soon & reach 500$.

https://mtgox.com/press_release_20130411.html


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 12, 2013, 12:16:09 PM
Actually, $150 is the new low, that is why it stabilized around it. The drop to $105 regained very fast.
What do you have to say now? :P $65 is the new low?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 12, 2013, 12:17:41 PM
Well, that was yesterday :p

Lol.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 12, 2013, 12:41:15 PM
Today, story got much exciting... $54.2:):D @Benson bro,do u think it can go down today?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 12, 2013, 12:44:40 PM
I am not sure.

A lot depends on Mt Gox and North America should just be coming on.

It is a Friday as well, so need to wait and watch.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 12, 2013, 12:55:56 PM
^^So, how does it usually go on Friday or weekends?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 12, 2013, 12:57:28 PM
Not sure, but there should be a difference as people would be unable to get deposits into Mt Gox on the weekend.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 12, 2013, 02:11:25 PM
tomorrow when mtgox will open at 7:30 Indian time that will be a lot of fun again.  I doubt they will solve problems in next 3-4 days or even in one week, so it will be all same again and again. I lovin in.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 13, 2013, 07:21:59 PM
by now, I'm pretty much sure it is Ddos, started around 00:10 am on 14 April. mtgox was working fine all day without any lag and went on  26 minutes  lag in few minutes, then price dropped fast from 114 to 101. if it is Ddos then it may happens again tomorrow.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Sarfraz18 on April 14, 2013, 01:46:18 PM
The bubble has burst


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: estray on April 14, 2013, 05:32:13 PM
this is a good sign  ;)


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 15, 2013, 05:34:35 PM
Was stable at 94 for a while and here it goes down again...


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 15, 2013, 06:36:54 PM
Everyone is busy with gold, silver, crude oil price drop.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Thezjame on April 15, 2013, 07:59:04 PM
Good info and sure Bitcoin is going to touch sky in the next years


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 18, 2013, 03:47:39 PM
500 Internal Server Error


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Fernandez on April 19, 2013, 10:37:24 AM
Its a long term game - the market is too volatile at moment; good for buying though.

Have a couple of BTCs - will buy that Honda City when each is worth 5 lacs INR  :P


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 19, 2013, 11:36:01 AM
Its a long term game - the market is too volatile at moment; good for buying though.

Have a couple of BTCs - will buy that Honda City when each is worth 5 lacs INR  :P

+1


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 19, 2013, 11:46:53 AM
5 lakh is a very long target, at that time the price of honda city will be more.
1000 USD = 50K INR
10000 USD = 500K INR, thats 5 lakh.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 19, 2013, 11:55:04 AM
5 lakh is a very long target, at that time the price of honda city will be more.
1000 USD = 50K INR
10000 USD = 500K INR, thats 5 lakh.

I do believe that Bitcoin will shoot past that amount as well. Would be nice to see some calculations on timeframe for that to occur.

I assume that should be in the next 5-6 years.

Once Bitcoin goes out of beta and the marketplace settles down.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 19, 2013, 12:48:23 PM
Its a long term game - the market is too volatile at moment; good for buying though.

Have a couple of BTCs - will buy that Honda City when each is worth 5 lacs INR  :P
ago I invested some coins into

instead of waiting, for your bitcoins to rise, why not to trade or invest your coins.

for example few days ago in bought some ASICMINER-PT shares and almost like next day I got dividends 0.00696732 per share   total ฿ 1.23321564. Shares traded in btc, and share cost on rise too. That s better strategy.

another example mtgox today. if you manage to sale 2 btc today on mtgox for 135x2 = usd 270
then by situation on that current moment you may be able to buy your 2 btc back at rate of 113 and it will be
270/113 =  2.389 that way you just made .389 in few hours.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 19, 2013, 01:05:59 PM
I had invested in GLBSE.. Who runs BTC TC?

Would like to chat with the dev/ owner before venturing into it.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 19, 2013, 01:18:54 PM
I had invested in GLBSE.. Who runs BTC TC?

Would like to chat with the dev/ owner before venturing into it.

company registered in Beliz, run by burnside

https://btct.co/faq

https://bitcointalk.org/index.php?topic=148350.0


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 19, 2013, 02:07:13 PM
Threw some coin at gox bot.. gone down from 1.3 to 1.16.. That seems to be a ripoff.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 19, 2013, 02:36:21 PM
Threw some coin at gox bot.. gone down from 1.3 to 1.16.. That seems to be a ripoff.

def it s look that way, but maybe you did not tested it for long enough. what bot was that?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 19, 2013, 02:42:50 PM
Using the chrome extension.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 21, 2013, 06:05:46 PM
Using the chrome extension.

I'm testing beta Cortex7, need some work, but that can be big thing in btc trading, as it can predict mtgox price, not sure how accurate these predictions will be.

i was just about to trade today based on Cortex7 sale/buy advises, but Mtgox went under Ddos and stack at 125.000 at 2:27:08 utc



Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 21, 2013, 06:16:27 PM
Using the chrome extension.

I'm testing beta Cortex7, need some work, but that can be big thing in btc trading, as it can predict mtgox price, not sure how accurate these predictions will be.

i was just about to trade today based on Cortex7 sale/buy advises, but Mtgox went under Ddos and stack at 125.000 at 2:27:08 utc



What trading system is it based on?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 21, 2013, 06:28:28 PM
here it is
http://www.cortex7.net/forum/showthread.php?tid=87


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 21, 2013, 06:32:30 PM
I spent today playing the manual market.. made 2.1 BTC from investment of 1.16.

That is decent as hell.. Not sure if a bot can do this efficiency.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 21, 2013, 06:55:14 PM
I spent today playing the manual market.. made 2.1 BTC from investment of 1.16.

That is decent as hell.. Not sure if a bot can do this efficiency.

not bad at all,  congratulations. I did not traded, I was waiting to buy at 118-119 tomorrow, but seem like I can buy at much better rate once Mtgox back from Ddos.

Cortex is not a bot, kind of which you can program to do trades for you, it is rather analysis platform with advanced prediction of future trades. Trading at this moment is not implemented.

also in Cortex you can see chronological data much clearly. it can help you to trade more frequently with better result. soon it will have automated trading and trading simulator.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 21, 2013, 08:27:33 PM
I spent today playing the manual market.. made 2.1 BTC from investment of 1.16.

That is decent as hell.. Not sure if a bot can do this efficiency.
How guys u able to earn.
Whenever i try, i see loosing only due to the fees mtgox charge


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 21, 2013, 09:04:18 PM
I purchased today bitcoins for 110 and for 117 and 118 and for 119. 110 I even did not see that purchase, it happens I guess when DDos started.
I can sale it not 123, well enough to cover mtgox fee and buy some beer. But I would rather hold as I projecting tomorrow rate be around 127.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 22, 2013, 08:59:25 PM
I purchased today bitcoins for 110 and for 117 and 118 and for 119. 110 I even did not see that purchase, it happens I guess when DDos started.
I can sale it not 123, well enough to cover mtgox fee and buy some beer. But I would rather hold as I projecting tomorrow rate be around 127.

I was right it closing to 127


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: skang on April 23, 2013, 05:59:47 AM
Pinwheel is our desi Fontas ! \m/


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 23, 2013, 09:41:47 AM
seems, he is gone somewhere. I dont know what Fontas been using, I using Cortex7 and it pretty accurate on predictions.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: skang on April 23, 2013, 10:43:04 AM
seems, he is gone somewhere. I dont know what Fontas been using, I using Cortex7 and it pretty accurate on predictions.

He is there on BTC-e pumping NMC since morning. I made some ;) in the process. Although he said NMC pump to begin at 9pm EDT. FEw hours still remain!

Link to cortex?


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Pinwheel on April 23, 2013, 10:53:51 AM
http://www.cortex7.net/forum/index.php


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: skang on April 23, 2013, 11:12:56 AM
http://www.cortex7.net/forum/index.php

Thanks! I have done some neuralnet programming for apps. Let me see if I can tweak it further if this is opensource. Nonetheless, end result is still usefull so definitely a checkout.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: sumantso on April 24, 2013, 12:29:54 PM
Got through 150 again  :D


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: tryingtobeperfect on April 24, 2013, 03:07:39 PM
161
Again it will reach 200 very soon:)


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 24, 2013, 03:09:42 PM
This is not the correct price.

It seems to be a pump.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 24, 2013, 03:30:56 PM
Explain!

We have not seen a stable $48 since it reached there. I would assume $78-88 as the fair price for 1 BTC based on the current infrastructure.

Mt Gox's prices are only speculation. If PayPal blocks out 1 Bitcoin transaction, it will fall.

I know it will rise like crazy again. This price up feels like a pump.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Global BTC on April 24, 2013, 03:35:03 PM
Mt Gox's prices are only speculation. If PayPal blocks out 1 Bitcoin transaction, it will fall.

What? Paypal has blocked numerous bitcoin transactions.


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 24, 2013, 03:37:07 PM
Mt Gox's prices are only speculation. If PayPal blocks out 1 Bitcoin transaction, it will fall.

What? Paypal has blocked numerous bitcoin transactions.

After todays release on Bloomberg :p


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: dishwara on April 24, 2013, 03:40:50 PM
Mt Gox's prices are only speculation. If PayPal blocks out 1 Bitcoin transaction, it will fall.

What? Paypal has blocked numerous bitcoin transactions.

After todays release on Bloomberg :p
You sure?
I think u understood wrongly
https://bitcointalk.org/index.php?topic=186364.0
http://thenextweb.com/insider/2013/04/24/paypal-president-is-fascinated-by-bitcoin-says-company-is-thinking-about-including-the-virtual-currency/

& google search says paypal thinking about ACCEPTING bitcoin


Title: Re: bitcoin crossed 150$, 200$ & soon 500$
Post by: Benson Samuel on April 24, 2013, 03:42:24 PM
Mt Gox's prices are only speculation. If PayPal blocks out 1 Bitcoin transaction, it will fall.

What? Paypal has blocked numerous bitcoin transactions.

After todays release on Bloomberg :p
You sure?
I think u understood wrongly
https://bitcointalk.org/index.php?topic=186364.0
http://thenextweb.com/insider/2013/04/24/paypal-president-is-fascinated-by-bitcoin-says-company-is-thinking-about-including-the-virtual-currency/

& google search says paypal thinking about ACCEPTING bitcoin

This is what I am trying to say.

PayPal has not yet agreed that it can be used for Bitcoin.

The price is being driven up by hope. The same hope that saw LTC crash 300%