Bitcoin Forum

Other => Off-topic => Topic started by: BCEmporium on April 22, 2011, 08:08:56 PM



Title: Euro Parity
Post by: BCEmporium on April 22, 2011, 08:08:56 PM
Bitcoin is 3 cents away from Euro parity... will it be reached this weekend?


Title: Re: Euro Parity
Post by: bitdragon on April 22, 2011, 08:11:34 PM
Yes!


Title: Re: Euro Parity
Post by: BCEmporium on April 22, 2011, 08:18:49 PM
My bad, 9 cents away:

1 Euro = 1.4544 U.S. dollars
1 BTC =  1.3666 U.S. dollars

But almost there  :)


Title: Re: Euro Parity
Post by: The Script on April 22, 2011, 08:34:54 PM
Eff this.  Bitcoins needs to drop so I can buy more.  :(


Title: Re: Euro Parity
Post by: Ian Maxwell on April 22, 2011, 09:44:06 PM
I know the feeling, Script.

The funny thing is that a couple days ago I accidentally made a sell order on Mt Gox instead of a buy order, and sold all the bitcoins I had stored there... then consoled myself by saying, "Ah, well, 1.165 is a good price anyway, it'll probably be down tomorrow." Still waiting.


Title: Re: Euro Parity
Post by: mewantsbitcoins on April 22, 2011, 09:58:19 PM
When it was about $1.20 I thought I'll wait a little while and it will settle at about $1.00 and then I'll buy. Look now what happened - it's trading at nearly $1.40. Just don't know what to do


Title: Re: Euro Parity
Post by: The Script on April 23, 2011, 01:48:15 AM

Yeah, I was like "I'll play around with the bitcoin market a little".  I sold my bitcoins in Mt. Gox for about a $1 thinking it would drop back down to 80 or 90 cents and then I'd buy back in.  Stupid.  Oh well, we'll see what happens...  :P


Title: Re: Euro Parity
Post by: Nefario on April 23, 2011, 03:33:44 AM
Same thing happened to me when bitcoin was on a bear run. Got burned, bought back into bitcoin, lost a little and decided that's enough for me for the time being, I'm better at creating than trading.


Title: Re: Euro Parity
Post by: The Script on April 23, 2011, 03:41:11 AM
The market is bent on screwing the maximum of market participants. Nothing new here. Max Pain Theory is the name for this phenomena.

Meanwhile subj is imminent.

What is imminent? 


Title: Re: Euro Parity
Post by: bitdragon on April 23, 2011, 07:27:59 AM
The subject is imminent:
Euro Parity

on Oanda: 1 Euro = $1.45736
The High on Mtgox is at $1.45

:)


Title: Re: Euro Parity
Post by: BioMike on April 23, 2011, 08:10:59 AM
Or have USD to drop in value ;)

People who sold early. Long term outlook is $2 to $2.3, you can still buy. Or wait until people notice they can't do anything (except buying , now expensive, socks) with it at the moment and start selling it.

I wonder how much this rise damages the trade from merchants (people will most likely wait until they adjusted their prices).


Title: Re: Euro Parity
Post by: The Script on April 23, 2011, 08:47:33 PM
Annnnndddd  parity with the Euro is achieved.   Actually way past it now.  The high on Mt. Gox is $1.70.  This is madness.....


Title: Re: Euro Parity
Post by: BCEmporium on April 23, 2011, 08:50:50 PM
Annnnndddd  parity with the Euro is achieved.   Actually way past it now.  The high on Mt. Gox is $1.70.  This is madness.....

Euro parity is history now, now it's already GBP parity  ;D


Title: Re: Euro Parity
Post by: Ian Maxwell on April 24, 2011, 12:37:06 AM
Still wavering back and forth around GBP parity.... but I suspect we're not breaking 2 today.

Maybe tomorrow.


Title: Re: Euro Parity
Post by: BCEmporium on April 24, 2011, 08:57:18 AM
Still wavering back and forth around GBP parity.... but I suspect we're not breaking 2 today.

Maybe tomorrow.

What you mean?

MtGox: Last Price: 1.73
Google GPB USD: 1 British pound = 1.6515 U.S. dollars


Title: Re: Euro Parity
Post by: bitdragon on April 24, 2011, 09:11:08 AM
It has dropped below GBP over the last 12 hours and now back over again-
The next level is $2, new funds have not been added over the last days and not before Tuesday either I believe-


Title: Re: Euro Parity
Post by: deadlizard on April 24, 2011, 12:40:47 PM
It has dropped below GBP over the last 12 hours and now back over again-
The next level is $2, new funds have not been added over the last days and not before Tuesday either I believe-

bcmPPUSD is at $2

https://bitcoinmarket.com/


Title: Re: Euro Parity
Post by: BCEmporium on April 24, 2011, 01:24:14 PM
It has dropped below GBP over the last 12 hours and now back over again-
The next level is $2, new funds have not been added over the last days and not before Tuesday either I believe-

bcmPPUSD is at $2

https://bitcoinmarket.com/

That last 24 BTC trade is mine, so I guess I was the first man to ever reach the 2 USD on BTC  ;D