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It looks like the total market cap is calculated wrong:
Total Market Cap $537.91 million
Market Price $47.49 USD (weighted)
That is about 11,3 million bitcoins.
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Yes Adam. Start listen to your self!  |
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I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ ) and if it goes up to 100's of dollars, that's cool too  $20 is cheap already? Not many weeks ago that was eye-wateringly expensive! < $40 is cheap. Next month < $50 will be cheap. |
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Why can't we remove the hard limit and let the miners/pools choose their limit for how large blocks they would accept into the blockchain? (If they are 3 blocks behind, they should accept the first rejected block regardless of size.)
They would have to agree on a size that makes sense, or they will loose money when their blocks get orphaned.
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I will do the same that I will do from $300. Sell/spend 0.5% - 1% om my remaining coins every month.
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rwwGJCbTCu1L21d4E7qdrYGq9NB6xqiXk
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last chance to buy at almost record highs?
Get used to it |
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No, I'm perfectly fine |
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Back at $27 |
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Okay I get that but bitpay takes ownership of the coin right? So if they take a coin valued at 20 and it drop to 2. You have an issue.
Not if they sell the coin at Gox immediately. |
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I'm just pissed off because i sold on BOTH bear traps....
Why would you be pissed? Who cares you made good moves in my opinion. It might edge higher but what do you care you hedged against system failure. If you bought in at 5, 13, 17 and sold off at 22 you made a good call. It was a hell of a dip followed by hell of a bounce. Everyone should know that this is not the price. I sell coins to the public. I talk to almost every person I come in contact with about BTC not one person has said they have heard of it before. I have handed out around 300 business cards and explained what it is and what it is used for, not one person bought BTC from that. We I first started selling BTC on ebay the price was 13.5 or so and i had a lot of customers come on board the week before it started this run up sales had been slow. As for btc being useful, what a crook of shit. There is no market for btc or availability. Who in their right mind believes people are out there using bitcoin as a convenience? Who thinks that it is end users who are driving up the price? Adam is 100% correct when he says it is the little fish that make the market, because in the end all that matters is if people like it and use it. So let sum it up.. people cant get it, dont know what it is, dont know why you would need it, think that is a scam, think that it is pyramid scheme, and the only people after it are customers on the SR and greedy assholes. ...said the litecoin guy |
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Day trading! a day in the life I see the price fall... i can feel a knife coming. i place a ask at 25.5 on virtex and it fills! Yaye i got out Just In Time Price crashes down! down! Down! Ok watch for bottom... looks like 21's not breaking Quick Quick Place bid at 22 .... out bid Quick Quick Place bid at 22.3 .... out bid Quick Quick Place bid at 23 .... out bid .... out bid .... out bid .... out bid ops i think... i fucked up...  Why am I not surprised? When I discovered Bitcoin in May 2012, I bought my share at around $5. I then discovered this forum and Adam was screaming for $8 and posted pictures of rockets. He became my hero. But now... I just feel sorry for him. |
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I don't know much about the SR situation, but SatoshiDice hasn't seen that much increase in business. Maybe a bit from a large player who played for about two months.
But I'd like to point out SatoshiDice is becoming more and more popular and now represents the majority of transactions, and money is mostly moving back and forth between SD and the user, in very small amounts per transactions.
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