i will buy, but i am wait for good moment. fuck!)))
So, uh, still waiting?
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for a week btc was 50$, yesterday 60, today 75, tomorow 90 ?? is this normal? Bitcoin needed 3 years to touch 20$ I want buy some coins, but i cant. I have fear For bitcoin, there is no normal. What we know is that the good news is flowing like so much mana from heaven and that more and more people are learning about it and, thus, likely to start to use it.
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For all of you who think the price is rising too quickly, see it as an indicator of the scale and degree the governments fucked things up.
I lol'd But it kinda true tho too
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What's the next largest exchange after Gox based on volume?
Bitcoinwatch says it's bitstampUSD with 9,000btc over that last 24/hr. Gox is more than 10 times that.
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http://qz.com/65709/bitcoin-is-out-of-control-soaring-57-this-week/Bitcoin, the alternative currency hailed either as the future of money or speculative nonsense, has soared 57% this week, continuing its puzzling climb in 2013.
Analysts and people who help administer bitcoin have been at a loss to explain its newfound strength, beyond vague theories about increasing confidence in bitcoin’s viability as an accepted currency. This week’s surge is even harder to figure out.
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1 comment in that article awaiting moderation about that the image is out of date. Meze Grill no longer accepts BTC
I'm pretty sure it accepts nothings if it's closed
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You bears are trying real hard. It's all they have left to do I guess. That, or you know, be smart and either hold or sell like a normal person would. Seems the dump has already been neutralized. This pattern has become so predictable I'm surprised any bears still try to dump. At least with walls they get full value for their coin instead of losing thousands to slippage.
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To be honest, something fishy is going on. Prepared to be surprised soon. This kind of slope on the graph is not normal.
Bitcoin is not normal
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"it multiplies and then it halves... it's very complicated".
I think this should be the official bitcoin slogan.
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http://www.brandchannel.com/home/post/2013/03/21/Bitcoin-Currency-032113.aspxBitcoin, the virtual currency anonymously exchanged through an online peer-to-peer network, has hit the mainstream radar as ironically, a technical glitch caused a “flash crash” this week, sending Bitcoin on a 23 percent tumble and into financial headlines. Seems oddly out of date. Is that restaurant in the picture one that was confirmed closed?
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total bid: 7,302,846 USD | total ask: 36,417 BTC | ratio: 200.53 USD/BTC
total bid: 6,779,654 USD | total ask: 45,645 BTC | ratio: 148.53 USD/BTC something has changed suddenly! Time for people who don't know how to bitcoin to try and dump but just end up sad they gave everyone else cheap coins.FTFY But really, it's just the standard retaliatory dumps we experience during these rallys.
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can someone please explain to me what is happening? who the hell is buying?
People who are newly introduced to bitcoin. Remember, even though we have gotten tons of press lately we are still nearly microscopic. Every new press mention brings in new people who will buy for any number of reasons.
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Bids remain above 7mil USD, sells struggling to reach 40k BTC.
We're still on our way to Xanadu, gentlemen.
Below 7m according to this (if we're picky) but is it the Bid sum / Ask sum that is being referred to as the mccorvic index - which is currently still around the 220 mark? Well, it WAS above 7mil when I posted The mccorvic index is the number of pizza rolls 1 btc can buy at current price.
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Bids remain above 7mil USD, sells struggling to reach 40k BTC.
We're still on our way to Xanadu, gentlemen.
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Within the realm of possibility, but you never know
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It really is funny to see how the information about bitcoin gets processed by people new to BTC. I know we all want to blame them for not "Getting it" but we also have the opportunity to look inward and adjust how we introduce people to BTC and teach them about it.
Though, the guy who said that the purpose of currency is to tax it is beyond hope and needs to just take a basic econ course or something.
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The logic of someone with a LTC address in the sig is suspect by default.
Quoting for emphasis
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Recently I've started to think about buying an ASIC miner, not as an investment, but simply to support the network and help protect the bitcoins I already own. Is this logical even if I only cover my costs?
I think if you can afford it and rationalize it as paying for itself as security as opposed to mining out put, I think this is a good plan. I use this sort of rational whenever I spend BTC. I'm supporting the system which, in turn, makes my own investment actually become worth more.
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