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Someone bought 2500 coins from 7.50-7.60 about 8 hours ago and the price didn't go up at all except for his bid, then it fell and fell. Lots of miners are quitting.
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Well I'm going to sleep in about 5 minutes. If it jumps while I am asleep, I will be pissed. I am drinking a lot of water so it will wake me up every few hours to check on Mt. Gox.
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I think it will bottom at $5.
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I'm still waiting to buy. I hope it doesn't suddenly go way up while I sleep. I've got my iphone next to my bed so I can look and see if it does, but it looks like it will keep falling for a little longer.
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That is indeed one example of a nerd who believes everything he reads online. Let me guess, you also fell for the bitcoin schemes?  Most of them are people I know. |
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Sure, they never got a girl, but at least they got BITCOINS!
I'm an older nerd, but younger nerds have no problem getting girls. Even one guy who was in lulzsec I saw on a news article he never left his room except to go to the bathroom but had a hot girl go to him for a purely physical relationship. And that's just one example. |
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I think bitcoin falls according to how many stupid topics get opened on this forum. Right now, you (the opener) is a major contributer to the fall of bitcoinprice. Please stop breaking bitcoin and quit opening 700 new silly topics.
Hey so next time I sell my coins, I'll open lots of topics and the price will fall? |
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I only seem to be able to buy and sell in USD now. If Gox allows lots of currencies then it will be a cheaper version of the forex website. I wonder how Gox will even out all the different currencies vs. bitcoins.
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How can we do that, airdata?
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We need to get more coins out to more people
Why do we need to do that? To ensure the position of the bitcoin wealthy? I’d say we need to polish the Bitcoin client, infrastructure, everything, before we try to attract new people.
Holly Crap! Whats a real grown-up post like yours doing in a thread like this?!?  No we need to attract money launderers and tax evaders. |
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I don't understand why. I would think it would do the opposite like gold.
Anyone have a graph of US dollar value vs. bitcoin value that's up to date with early September?
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It takes a couple days to transfer funds though and people think bitcoins will crash more.
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I have Schwab. I am charged $2-3. Schwab then refunds me at the end of the month for those fees.
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In 2140 one of these will happen:
* Rise of The Apes
* Skynet takes control of the world
* Skynet did rule the world, but The Sage of Six Paths (Naruto) learned how to manipulate bio-energy into superpowers (e.g. Rock Lee of Naruto moves faster than a vampire), taught people it, and they faught off the machines.
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@Stephen Gornick
Yeah, but if you deposit it in a bank, it leaves a record the IRS sees. And anything over $3000 may get a suspicious activity report filed.
The usefulness of buying bitcoins with lots of pure cash is no paper trail and that is what will get people coming in.
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Thankfully I was wrong this time. It is still tanking and my coins are sold off.
But of course when I sleep it might sneak back up to $10 and then just sit there for a month. It always jumps somewhere bad for me and sits there for a month.
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I did that in the crash about a month ago. It never came back up and I wished I would've sold to buy it back at 5 or 6 dollars. This time it could go even lower who knows? When it started crashing below $10 a couple weeks ago, I sold and was glad because it quickly went to $8. I really thought it would have swung up by now but oddly it's still falling. If you look at the front page of https://deepbit.net/, mining difficulty has decreased a little bit but it's still higher than July. |
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Just lingering at 5 or 6 for a month before it jumps to some random price.
From what I've seen, the price jumps somewhere and then just lingers and lingers.
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My guess is $10,000 a day.
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