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Ok it's done now. For the first time Bitcoin has traded above one ounce of gold.
The price quoted at that instant was on GOX : 1,244.09997 USD against 1241.8 for Gold on kitco.com
For some reason GOX didn't record the trade as new ATH
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That's it folks. For the first time in history 1,000,000 bits sold for more than an ounce of gold.
$1242.00
Not yet, when bitcoin hit 1242, Gold was at 1242.5 USD Gold is now below 1242 but bitcoin has still never traded above gold at the same time |
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ATH @ 1241 usd , gold is getting very nervous at 1242
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I only feel good at ATH  |
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I just bought in for about 1080, i only bought 1 btc. It is expensive and depresses me a little bit as just two weeks ago when it was only about 400 i wanted to try and start buying them but with all the time its taken to get verified and have my wire transfers get in its soared to over 1k. But in the end from everything ive read it seems unlikely that there won't be some moment to come when i can sell it with profit over the coming months/years even at this price, though with that said i still think ill wait for the prophecised drop before investing the majority of my cash.
There are more and more people watching with interest and waiting for a drop. But most bitcoin holders don't want to sell them, even at 1200 USD... There will always be predictions of drops - but there will not always be future drops lower than today's price level. Localbitcoin.com allows you to buy them with no delay with an escrow system and bank transfer payments. |
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ce sera le 16 avril 2014
crash de 4224 USD jusque 3115 USD - en à peine 2 heures de temps
le 30 avril bitcoin dépasse néanmoins les 5000 usd pour la première fois
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China is now just under its ath, lets see how strong is the resistance
China likes to buy at ATH |
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how am i supposed to sleep when i can just make money???
I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out
It is obviously not free. You are enslaved and forced not to sleep. Not to mention that the price could shoot up from 1160 just after the sell. You would then either loose the spread with your buy limit order or loose a bitcoin if you don't go back in. |
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If bitcoin is a ponzi regular money is also a ponzi. Why can't people be honest with themselves??
Regular money, the financial and monetary system, is much MUCH more of a ponzi than bitcoin... The whole value of bitcoin is that it is not a ponzi and provides an exit from the ponzi system ! |
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Can you see the headlines
"Bitcoins worth more than GOLD!"
Eek!
What does Peter Schiff say? Expect another big stream of headlines as BTC blasts through gold's price. After the one ounce of gold mark, we'll have to look at the 1kg mark |
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What you all think will happen to our coins if war comes? China is provocating and USA is loving war.
I believe war would be very bullish for bitcoin and very destructive for fiat. Most global scenarios in which the internet infrastructure survives are mostly bullish for BTC |
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BTC price going down on BTC-E.com. It's only 880 USD there !
Everyone selling BTC to buy LTC.....
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So LTC is better than BTC? Did I miss something??
For the past week it has provided a much better return than BTC, but who knows about the next ? |
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will we see $40 ltc soon?
It just hit 40 USD right now |
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Probably.
But LTE is in serious danger of over-correcting on the downside if there is a bitcoin correction.
I agree that the price seems slightly ahead of itself right now.
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You know what, Jojo? Your answer to the merchant situation is the best I've heard.
So what is the hold up? The software side shouldn't be very difficult. Educating the merchants might take a while, but the advantages would be apparent. The public shouldn't care much either way.
Perhaps the one thing the merchant will need is a way to get his fiat back quickly.
/Frank
At that point there will start to have more professional use of the bitcoin as well. Why should that be an instrument only for consumers ? Companies might very well decide to hold bitcoins and not only USD for future payments in bitcoins. Many businesses will not mind the exposure to the usd variations that are mostly to the upside anyways. My company is selling online and we are adding bitcoin as a payment method, you can be sure I am deciding that the company will keep bitcoin payments as bitcoin. |
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Wow damn I´m so pissed that I missed bitcoins where it was on 2 digits. And now I´m pissed that I missed the 1 digit LTC train  Always coming too late... How do you know it's too late ? Instead of feeling pissed for what you missed, feel excited and grateful for the opportunities ahead If you want to double your money on LTC now the price must go up to 80$. If you bought in at 9$ you would have 4x your money already. I can calculate. Not an excuse to feel pissed in my opinion. The guy who bought bitcoin at 20 usd might have hesitated and have felt pissed looking at a past price of 0.3 usd. What is the point of making yourself feel pissed ? Regret is a waste of energy and a recipe to create more regret in the future. It makes no sense to me. |
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Wow damn I´m so pissed that I missed bitcoins where it was on 2 digits. And now I´m pissed that I missed the 1 digit LTC train Always coming too late... How do you know it's too late ? Instead of feeling pissed for what you missed, feel excited and grateful for the opportunities ahead |
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I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts. Since breaking $1000, Bitcoin hasen't done much. In 12 hours, Litecoin is up from ~$20 to $37. Come on Bitcoin bulls, you're falling behind. Very impressive. Bitcoin is doing a lot but percentage wise, LTE is blowing it. Let's see if LTE rise continues without big correction. |
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i think were at like 8 qu-bit (quantum bit? ) computing.. that lasts hours..and im not sure if thats just data storage. To say were going to hear news of a 32000 qubit computer any time soon seems unlikely.. I believe that was the power required to crack the sha 256...however to some this was more likely then bitcoin being a 1000$usd lol
Of course it is unlikely and would require a major breakthrough. I certainly do hope that it is highly unlikely! But breakthroughs do happen in technology. The greatest threat to a technology based currency is technology's progress itself. |
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