you might get a slightly better rate over the weekend, but... maybe you'd save a few bucks, but is it worth the headache? the point is you bought in mid June and got the mid June price  |
|
|
|
is mtgox live bugged? its not loading the chart for me  |
|
|
|
|
could this be why the price is rising?
people gifting bitcoin?
|
|
|
|
 quick update |
|
|
|
|
Yo WTV, Eight Dollars Bitches
I really hoping for a good drop to jump on the train tho.... come to papa 5.30
|
|
|
|
- bitinstant and massive availability of "cash for btc" trade
- bit-pay massive growth, reportedly 200-300% per month
- bitcoin magazine
- GPU -> FPGA change of guard
- investments being rounded up for bitcoin mining ASIC's by multiply independent parties (meaning by the end of 2013-2014 51% could be out of reach of most viable attackers today and that we will be measuring hashing power in petahashes and exahashes)
- upcoming FIRST EVER bitcoin subsidy cut
- massive and mostly positive news flow
- many significant projects in development, including zipconf, kronos, hermes, ellet hardware wallet, that bitcoin card, proper hosting services suitable for hosting bitcoin wallets etc...
- improvement on the decentralisation front. For example, say, mtgox (or and other exchange or biz) folds now, it is only problem for their customers, the rest of the world will just move on. Deep bit is taking relatively small fraction of mining power as opposed to flirting with 51% level.
We are now at some very much solid footing as compared to about 1 year ago when we 2 digit valuations of BTC. I would think that market is grossly undervaluing Bitcoin and its potential.
If a (centralised) company with anything close to Bitcoin's "product" and growth history and potential to effectively replace most of modern banking system which has estimated valuation at almost 10% of worlds assets (excluding all the off-balance shit, lol). Such a company would be valued at billions already, not some puny 50MM which is a valuation reserved for smalltime 3 man teams starting some scam and trading it on pink sheets.
Do post if I have missed something of note.
I would think that fair Bitcoins valuation should be in middle 2 digit right now, not 5-6$.
Why do you think valuation should be in "middle 2 digit" right now? Check out what I highlighted in bold from your post. This is the only non-speculative indicator you listed that suggests that the value of Bitcoin should increase. The value of Bitcoin should only increase when people buy them and use them. Now, the value of Bitcoin may increase due to the other things you mentioned, and I would be inclined to agree that it will. But, they are in no way definitive reasons that the value of Bitcoin should be in double digits. its shows us that, demand is growing "bit-pay growth", miners are confident value will not drop GPU -> FPGA change of guard (multiply independent parties), project development is not slowing (their only getting more ambitious). improvements all round. price lingers behind? Maybe! 8$  |
|
|
|
Um...data from the future?
So instead of using our time machine for bitcoin prices, how about some heads up to skynet? ok heads up skynet will soon take over! You WILL be TERMINATED! all your bitcoins are belong to us Hmmm... well if there is one thing I can do...  Skynet isn't getting my coins. is that a really big bitcoin around his neck? |
|
|
|
Um...data from the future?
So instead of using our time machine for bitcoin prices, how about some heads up to skynet? ok heads up skynet will soon take over! You WILL be TERMINATED! all your bitcoins are belong to us |
|
|
|
This data was obtain using a highly sofiscated piece of C++ #include "Future.h"
int main
{
BTC::SetDate(3294857023485);
BTC::DrawChart();
}
outputs:  |
|
|
|
runaway train..
up up and away? runaway train's tend to crash. unless the track never ends  |
|
|
|
you simply cant do that, circumstances are different your fucked ( and so am i ) and you know it i'm seeing three possible scenarios how it can play out in the near future: - slow steady growth - bubble v2 due to regained media attention - manipulation with huge walls - simple profit taking, rinse and repeat any of them have equal chances of happening, and i wouldn't dismiss third option based on past history what about slowish and very much Not steady growth kinda like gold did for the past 10 years... |
|
|
|
i guess this move has erased all theories about Pirate artificially maintaining a price zone around $5.  either that or he's about to go BK. remember how in the beginning of the year price was pushed from 7.2 back to $5 levels? it could happen again, given one has enough bitcoins to suppress demand you simply cant do that, circumstances are different your fucked ( and so am i ) and you know it |
|
|
|
The wall at Bitstamp just moved to 5.9.
 no more bitcoins  |
|
|
|
|
pure maddness!
no end in sight!
|
|
|
|
Haha I doubt bitcoins would be worth >$100 right now, but definitely not below $4 ever again, maybe even $5. The great spring stability is a great indicator since during that period the price remained stable despite the amount of bitcoins circulating increasing, telling us it will have only 1 general direction: UP Golden Opportunities are falling under the iron grip  I think we underestimate the devastating effect the MtGox hack had.. We understand bitcoin clearly so we knew this didn't mean bitcoin was not secure, and most here understand how a hack like this, after such explosive growth, was unavoidable and ... neededbut the to everyone else ..... I find the reasoning quite odd. Why would bitcoins be worth over $100 when there is such a small spending infrastructure in place for bitcoin? I would expect it to be a ways bit higher than it is now but definitely not a huge difference like that. if 2X as many people hopped on board 1 year ago, bitcoin would be 10tmes bigger by now |
|
|
|
Haha I doubt bitcoins would be worth >$100 right now, but definitely not below $4 ever again, maybe even $5. The great spring stability is a great indicator since during that period the price remained stable despite the amount of bitcoins circulating increasing, telling us it will have only 1 general direction: UP Golden Opportunities are falling under the iron grip I think we underestimate the devastating effect the MtGox hack had.. We understand bitcoin clearly so we knew this didn't mean bitcoin was not secure, and most here understand how a hack like this, after such explosive growth, was unavoidable and ... neededbut the to everyone else ..... |
|
|
|
i guess this move has erased all theories about Pirate artificially maintaining a price zone around $5. either that or he's about to go BK. BK? Burger King? |
|
|
|
Where is the none of the above option?
lol! |
|
|
|
I LOVE BITCOIN 19AnRx6JSDBrd2cP5W51qtnYHjXvujHBrR I sincerely hope you get your bitcoins back! not just for my donation, but for the much more deserved donations you have listed I will donate the coins to how every i see fit. not sure who yet.... |
|
|
|
|
Show Posts
