I like using Canvirtex. I find it frustrating sometimes how much they lag in price though. I'd like to see Mtgox become a bit more user friendly for Canadians. There would be a big bump in price and volume at Canvirtex IMO as arbitrage kicks in. Right now I only have Arr!-bit-rage!
where's this virtex trade site not versatile when it comes to deposit methods? meaning only suitable for local canadians Hence the name "Canadian Virtual Exchange" Its a gr8 platform, easy to get money in and out, we can even load a debit card using our bitcoins. Plus for some odd reason coins are always like 5% less then mtgox.  |
|
|
|
you just wait and see... We are entering a stable period, despite the increased demand, due to profit taking. I believe the profit taking is minimal, and will not deplete the increased demand. So I predict the stable period will be short lived (no more then 2 weeks) and we will head higher once its done.  |
|
|
|
 Virtex just had a mini rally from 11.75 to 12 ~400 coins bought  and then someone took a dump, down to 11.35! Some might say watching smaller bitcoin markets is useless, as they simply follow MtGox I do not agree, I would not of been able to call the bottom, if i had no looked closely at the actions of Virtex traders during the plunge. Virtex has a mind of its own and does not simply fallow MtGox... It is clear to me Virtex price is being suppressed by people selling off for a profit. I suspect the same thing is happening on MtGox on a larger scale. We will be going sideways, until this profit taking period is over, then price will explode! Up Up Up!  |
|
|
|
If you're correct on point 2, I submit silkroad supplies natural demand. Whether you agree with the politics/morals of it or not, they have done more for bitcoin as a proof of concept for use as a medium of exchange than any other site out there.
u can buy weed with usd and bitcoin still act like money, the full quote can help you You can't buy MY weed with USD, i only take CAD or BTC |
|
|
|
Bitcoin is better then gold in every way...
nope. i said this before, there are 2 main arguments against bitcoin: 1) bitcoin did not come out like a wining commodity and also become money, there was no "natural selection" like in case of gold and silver, gold and silver removed salt, stone, big stones, colored stone and allot of other stuff that was used like money ( a good read for spanish ppl http://www.casadellibro.com/libro-historia-del-dinero/9788449322945/1565423 ) 2) there is no "natural demand" for bitcoin in the same way there is a natural demand for gold in some industries and for jewels point 1) I don't understand. Why is natural selection necessary and how can you argue bitcoin was/is not subject to this kind of thing. Point 2) is ridiculous. You're saying gold is better because it's shiny?!? The regression theorem has been talked about a lot in regards to bitcoin and I think it does apply to bitcoin and is misinterpreted by many. I'm looking forward to Peter Surdas (lonelyminers) just-finished paper on this and other subjects. I'm looking forward to discussing this on the forums. 1) There have been many tries at making e-money, none came close to the having the same kinda of dedicated FAN base, as bitcoin does. 2) Not sure what you mean, If you NEED bitcoin to buy something you can't get without bitcoin, would you consider that "natural demand" for bitcoin |
|
|
|
Did you know almost every gold bug would laugh at everyone here for putting their USD into something as stupid as bitcoin instead
of buying physical gold?
Bringing up gold to compare to bitcoin is the most retarded thing I have ever heard.
Bitcoin is better then gold in every way... |
|
|
|
a little downhill from here
no... Up! |
|
|
|
thanks fcmatt, keep selling us your coins. are you done mining onces having / asics hits?
I am going to keep mining with the gpus until diff rises much higher. The block reward halving, from the perspective of a miner, is as if the difficulty were to double. No? short term, yes, but the smaller miners are probably going to drop off more, as well as those with high power costs so the diff should adjust down a bit before asic hits. I have the slight suspicion some ASICs might've come online during the last couple of days:  It's just a suspicion, but the hashrate should actually drop rather than rise, no? Of course it might just be noise or more GPU rigs coming online for some reason. GPU miners switching off provides great cover for secretly testing ASIC devices, what better time to do it? everyone wanted to get in as much mining b4 the reward halving? its likely that some beta ASICs are being "stress tested" |
|
|
|
+1 Adam explains bitcoin and why its relevant very well |
|
|
|
Selling BTC for fiat is far from the only action you can take with it. If you see that as the only option, you are treating BTC like a ponzi.
Lots of people do. SADLY. Thankfully, notme, me, and alot of other people don't
Bold PredictionWalls evaporate, Pressure builds, New highs set! |
|
|
|
Noob question: why does the block reward appear to be 38,xxx coins? I mean I get the 25btc reward, but arent the btc to pay the transaction fees supposed to come from the users?
38,xxx coins i guess your looking at the amount of coins transferred in that block. transaction fees are paid by the sender. The Miner reward for finding a new block is now 25BTC + TX Fees |
|
|
|
If God is the universe then we are a part of god. a small insignificance part, but maybe we can serve a purpose! The truth is out there! |
|
|
|
Why does it feel like once the last 50 BTC block gets mined, there's gonna be a massive 100k dump? I can't shake the feeling off lol
why whyWhy do you have this feeling  THINK BIG, Bitcoin! |
|
|
|
I'm not bipolar, I'm just high  |
|
|
|
The bitcoin people are a very bipolar people. I've come to learn this. lol! |
|
|
|
 UP! |
|
|
|
sell off is going to happen
sell off already happened we are just encountering resistance ATM |
|
|
|
Looks like we have a heavy amount of bears lol
or bulls want to keep prices low |
|
|
|
|
Show Posts
