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Not sure what happened with cryptonit, didn't it close and leave with peoples coins?
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Was it vircurex? Mine seem to be stuck on 7 confirms over there...
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Wow didn't realise It had gone to BTC-e, cheers
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PM me with offers, looking for about 5 BTC
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I was literally just about to start a thread about this. The number of alt-coins being released is just silly. On the one hand I'm concerned that the situation will discredit Bitcoin and open source crypto-currencies in general. On the other, the whole point of it being open source in the first place is that people replicate the software, make changes and improvements, and let the best one win.
We have a situation where people will jump on any new coin because they believe price will go up. As a result, price does go up - its a self fulfilling prophecy. But what will the end result be? Will this effect of dilution/inflation simply continue
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Price seems to simply be given as the price at which the last trade was made
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Lol now wait for the backlash...
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the price is not done by how much is deposited or withdrawn. the price comes from the order book.. (in laymans: the lists of buys and sell)
i know of people that have alot of BALANCE but dont always have orders set. so their balance has no bearing on the price.
what you will find is the sheep on btc-e are following MTGOX valuations. when mtgox jumps up they follow, when it falls they follow.
same as the LTC/USD if you compare the 2 graphs of BTC/USD to LTC/USD they are near on exactly the same.
its the orders that set th value and there a lot of large players that throw in large orders or eat up a certain number of orders to make BTC-e prices follow mtgox prices.
Its not necessarily about sheep following price. For quite a while there was around a 7% difference in price with BTC-e prices being lower. As its more difficult to get dollars on BTC-e, they sell for a premium. I think the price difference was a reflection of the fees applied when moving fiat from Gox to BTC-e, making arbitrage between the two exchanges quite difficult. Interestingly, during the recent price drop the price on BTC-e was higher than Gox, which actually shows that price is in fact somewhat independent on each. You'll always find that a big enough price difference will be evened out by arbitrage between the exchanges. |
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Americans write the day and month the wrong way round
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Yeah price has been pretty boring lately, hasn't it?
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Thanks to StarenseN for a smooth purchase, and to Dooglus for providing escrow.
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1. Anyone that needs to announce their leaving or coming is an attention whore. MNW yes you are this way too. 2. Your trolling, in my view, wasn't trolling at all. I honestly think you believed many of the things you posted (the bearish BS). 3. Thanks for the 1 BTC when Bitcoin hit $100 (see I can be nice) lol 4. Get over yourself.  Something about pots and kettles...  LOL I figured this was coming. Where do you see a thread where I am posting about me coming or going or ARRIVING or DEPARTING and all the details about my self developing into a better person blah blah blah? LOL Smoothie I don't think you need to make posts about your arriving or departing, people will know when you turn up and you won't leave until you've had the last troll... For the record I voted 'I like smoothie' in nkspace poll  |
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1. Anyone that needs to announce their leaving or coming is an attention whore. MNW yes you are this way too. 2. Your trolling, in my view, wasn't trolling at all. I honestly think you believed many of the things you posted (the bearish BS). 3. Thanks for the 1 BTC when Bitcoin hit $100 (see I can be nice) lol 4. Get over yourself. Something about pots and kettles... Proudhon, thanks for the entertainment you've provided - I will be looking out for your posts elsewhere on the forum |
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If Bitcoin teaches the world that no money has 'intrinsic' value, and that the real wealth comes from our own productivity - then EVERYONE will benefit.
If you don't see that happening, just buy some bitcoins now and keep them safe.
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Just completed a trade with Boxman - Trustworthy
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oh come on, don't be so serious, op was obviously joking ...
am i wrong?
OP turned up and trolled for a few days until he was payed (quite well) to go away... |
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If they adopt Bitcoin and provide a wallet service in countries where having your own computer is uncommon, they could gain revenue. They would potentially become the equivalent of a bank.
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Make a backup of your wallet.dat. You can find where its located using google.
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