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921  Bitcoin / Bitcoin Discussion / Re: We just hit $30 on: June 09, 2011, 05:15:48 AM
Don't listen to him. It's slowing at 2:45PM PST. Sell before then.
922  Other / Meta / Re: Require a registration fee for the Bitcoin Forum? on: June 09, 2011, 02:20:25 AM
I just took a shower. Time to check my Bitcoin balance.
923  Economy / Economics / Re: Did gold ever drop to worthless? on: June 09, 2011, 01:54:40 AM
In the Inca/Aztec civilizations, they had an over abundance of it and I don't think it was nearly as highly valued as the rest of the world considered it.
924  Bitcoin / Bitcoin Discussion / Re: Reminder - *no one* knows what is going to happen with Bitcoins. on: June 09, 2011, 01:46:16 AM
Historically, bitcoins have doubled in value roughly every 31 days. Keep this in mind. There's been 8 or 9 doublings so far since October, I believe.

OK, your predicting ~$54 within a month(?), and I say "trading range + we need to build the economy".
Let's see who is correct, OK?    Cheesy


I'm just looking at the data trend which has been a clear exponential increase, although rough. If people see the economy will really go somewhere, that could make the trading value jump from future speculation. Any number of factors could increase the value a lot. It could also stagnate for two or three months, and then suddenly shoot up 3x or 4x for some new reason.
925  Bitcoin / Bitcoin Discussion / Re: Reminder - *no one* knows what is going to happen with Bitcoins. on: June 09, 2011, 12:50:37 AM
Historically, bitcoins have doubled in value roughly every 31 days. Keep this in mind. There's been 8 or 9 doublings so far since October, I believe.
926  Bitcoin / Bitcoin Discussion / Re: Reminder - *no one* knows what is going to happen with Bitcoins. on: June 09, 2011, 12:44:15 AM
Endgame: I will hire gabriella for a night for only 0.5 BTC.
927  Bitcoin / Bitcoin Discussion / Re: Thank You Senator Schumer!!! (an open letter) on: June 09, 2011, 12:41:50 AM
When the first drugs story broke I was like "Holy shit, this is getting real!!" and immediately started a transfer to dwalla.com. The transfer completed last night. I bought a bunch of coins (my first) at 21.8.
928  Bitcoin / Bitcoin Discussion / Re: Who said the bubble burst today on: June 09, 2011, 12:31:09 AM
Haven't you heard? It burst at $5, $10, $15, $20, $25, and it's about to burst again! Sell sell sell sell!! It's all gonna be worthless!
929  Bitcoin / Bitcoin Discussion / Re: security concern on: June 08, 2011, 10:10:50 PM
It is impossible to fully secure anything involving computers. There are just different levels of it.
930  Bitcoin / Bitcoin Discussion / Re: A lot of scare tactics going on on: June 08, 2011, 10:05:10 PM
I love Bitcoins. Even if they go down to 0.0001 that is fine with me because they are awesome and I want to have them.
931  Bitcoin / Bitcoin Discussion / Re: Market Tumbles down to 18.00. Mtgox seem to be shut down. on: June 08, 2011, 09:59:01 PM
I think this thread should be deleted since the title was a complete lie. At no point did it reach anywhere near 18 today. It scares people who might not have opened it.
932  Bitcoin / Bitcoin Discussion / Re: Selloff! on: June 08, 2011, 09:50:51 PM
I think it was intervention of the U.S. government. They pulled out ENIAC, dusted the mothballs off, and set it up to mine. The influx of hashes caused a flurry of chaotic activity in the markets.
933  Bitcoin / Bitcoin Discussion / Re: Market Tumbles down to 18.00. Mtgox seem to be shut down. on: June 08, 2011, 09:26:15 PM
Hahahahahahaha.

You're a smart one, OP.
934  Bitcoin / Bitcoin Discussion / Re: Selloff! on: June 08, 2011, 09:09:30 PM
Everyone sell everything for a straight week, until my new funds clear!! :-)
935  Bitcoin / Bitcoin Discussion / Re: Selloff! on: June 08, 2011, 08:47:35 PM
I would buy right now... I wish I had more money in dwolla.
936  Bitcoin / Bitcoin Discussion / Re: Bitcoin Worldwide Exclusive: New Competitor to MtGox: http://TradeHill.com on: June 08, 2011, 08:42:32 PM
Yay! I bet the existence of the site will boost Bitcoin value.
937  Economy / Economics / Re: BTC Approaching Current Price of Silver on: June 08, 2011, 08:02:10 PM
Cool, then we can rename it to Bitgold or maybe even eGold.
938  Bitcoin / Bitcoin Discussion / Re: Selloff! on: June 08, 2011, 07:49:21 PM
If it's a truly a paradigm change (like horseback to automobiles), then no, there doesn't have to be a substantial correction.
939  Bitcoin / Bitcoin Discussion / Re: Selloff! on: June 08, 2011, 07:30:51 PM
It seems like people are scared of having it above the $30 mark.
940  Economy / Economics / Re: Bitcoin gonna burst? on: June 08, 2011, 07:25:42 PM
You're delusional... the bubble has popped... it is accelerating downwards and will reach -10 BTC per dollar by Saturday.
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