That wall at $85 has grown in size
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Quote: "Today $1.00 is worth about 100 bitcoins"
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wow I can't even read this thread: I'd already ignored everyone here lol
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A short sample. Hope springs eternal It's gonna be bitcoin for sure. It cannot be stopped anymore, no way. I think it will reach $1M (per BTC) before Christmas this year, but the long-term value is not so high.
If you want to make 30x your initial investment, buy bitcoins, and do not trade or sell them. I believe by October 31st, this year, you have it.
I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.
I have always prompted people to read my diary first, before daytrading (if any). Since bitcoin is going to $300k in the long run (and higher in the short), it does not make so much sense to fish the bottom unless you do it full time with an organization primed for the task (a supernode).
Just buy and hold. Buying bitcoins at any price sub-100k is not as large a mistake, as it would be to be left out of a supermove, such as the ones in the period between 8/2010-6/2011 and the one started in January 2013.
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It seems like everything has gone exactly as the last crash though. Huge bubble... pop. Recover and second run but not so high. Downfall again. Then slow decline?
And last time Mt Gox was hit with a hack shortly after the bubble popped. This time it's hit with a $75m lawsuit. This is certain to affect the price
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Hi folks, I posted before about Bitnz.com asking for anyone to vouch for them. Daniel you can't vouch for yourself. There were no replies. A friend of mine had used the site and gave it the thumbs up. So I put some dollars in last week and successfully bought some bitcoin and transferred them out to my wallet. So this is a Thumbs up from me.It would be awesome to see more people trading there as it's a little light on liquidity. The more the merrier. The faster we can get Bitcoin working for New Zealanders. Mr Newton I love that you are contactable by phone. Don't lose that Please. How long did you have to wait for your deposit to appear in your account? The site states "next working day" but I'm starting to think that's ambitious. I don't think making a deposit hoping to catch the bottom is going to work here NZD withdrawals take several days too. Having said that, I've heard the horror stories regarding deposit and withdrawal delays with Mt Gox so I guess anything under a week should be considered reasonable
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it can't be possible that volume is so low, it must be some data lag... 15 trades in last 20 minutes??
Yea volume has been somewhat like this all day.. Slow day No, it's not have been like this. It was not big volume but I've never seen last trade to happen 3-4 minutes ago. Don't think that's possible nowadays. I think it's just a slow weekend. It happens sometimes. It was so slow one weekend someone started this thread about it: https://bitcointalk.org/index.php?topic=148596.0
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Price seems to be crashing.... up
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don't know if this was posted already if true it could be fun today ... http://pastebin.com/QAPxhEbPedit: supposed to start in 4 hours edit 2: paste; " ===OPERATION SHOCK AND AWE ===Date: Monday 2013-04-22 ===Start time of event: 15:30 UTC ===Goal: Bring bitcoin price < $30 US dollars Members, here it is, today's timeline of events. 15:30-15:45 UTC - Spread bogus AP press releases to 50+ national US and British media outlets and 100+ local outlets indicating exchange site Mt. Gox under investigation by Japnese government for securities fraud, with seizure and asset freeze soon 15:45-16:00 UTC - After initial publication of bogus AP press releases, spam story on reddit and upvote with sock accounts, spread panic in comments using sock accounts 16:00 UTC - Several sellers lined up for a coordinated dump of 250,000+ BTC which will crash the price to under 100 to correlate in time with publication of bogus AP reports 16:10 UTC - Massive coordinated http packet flood (distributed F5) from botnet of 1,000,000+ compromised machines on the following sites: - https://www.mtgox.com - https://btc-e.com - https://www.coinbase.com - https://www.bitpay.com - https://www.bitinstant.com - https://www.bitcoitalk.org - http://s2.bitcoinity.org - http://bitcoinium.com/ - http://bitcoincharts.com/ 16:30 - 17:00 UTC - During the ddos, buy only from Bitstamp which will not be included in the ddos but was included in the coordinated dump. 17:00 UTC - Stop ddos, buy as much cheap bitcoin from MTGOX as possible as quickly as you can 17:00 or later - Bogus AP reports will be corrected / debunked as hoax, price will rebound Potential profit 200-300%" Well due the fact that Bitstamp is down due to an "unscheduled service outage" it's not looking good for their plan is it
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eToro seems to be doing this already
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one of the most boring bitcoin nights in last few months... volume is like it's nvc, not btc
We've had days with extremely low volume (a few 10's of 000's) in the last few weeks. The current volume isn't so low at over 200,000. It's probably just a case of burnout, coinciding with the weekend
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You need to ignore the last value. The increase in interest has been increasing nicely. Ignoring the period of the price spike to $266 there has only been a small drop off recently, this could pick up again if the bitcoin price recovers sooner rather than later
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Perhaps the company itself would use bitcoin as a tool to transfer funds internationally, and as a result cut down on their overhead so they can put more money in their own pockets while charging customers the same fees?
Or they could reduce their fees. The first one to embrace Bitcoin would get a jump on the competition
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