Don't listen to him. It's slowing at 2:45PM PST. Sell before then.
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I just took a shower. Time to check my Bitcoin balance.
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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.
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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? 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.
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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.
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Endgame: I will hire gabriella for a night for only 0.5 BTC.
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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.
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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!
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It is impossible to fully secure anything involving computers. There are just different levels of it.
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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.
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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.
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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.
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Hahahahahahaha.
You're a smart one, OP.
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Everyone sell everything for a straight week, until my new funds clear!! :-)
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I would buy right now... I wish I had more money in dwolla.
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Yay! I bet the existence of the site will boost Bitcoin value.
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Cool, then we can rename it to Bitgold or maybe even eGold.
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If it's a truly a paradigm change (like horseback to automobiles), then no, there doesn't have to be a substantial correction.
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It seems like people are scared of having it above the $30 mark.
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You're delusional... the bubble has popped... it is accelerating downwards and will reach -10 BTC per dollar by Saturday.
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