How do you carry out an internal transfer, I might be interested in trading my bitcoin for mtgox coin for a good offer.

hi could I have some please

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To play devils advocate, the government in china is pretty much controlled by the same rich businessmen. Is it not in their interest to have the chinese government pushing up the value of their investments.

hiya can I have some please?

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Thanks alot

Past performance does not reflect future returns!!

Even if bitcoin were to gain as high a market capitalisation as gold its price per coin would be about $120,000 a piece, realistically in the most optimistic example inn the next 5 years it could maybe make 10% of this at very most.

This implies a fair price at the end of those 5 years of $12,000 now lets say it doubles that due to fluctuations which a trader could take advantage of that's $24,000.

Lets just run the 25 time the current price (mtgox) $1000 is $25000.

In other words this five year crazy optimist scenario already stretched to double the most optimistic price would have to happen in a year to have the trader come even close to breaking even.

Fairly new to bitfinex but a long time lurker

That's madness, it implies at least a 25 times gain in bitcoin price per year.

Bitfinex USD borrowing rates are skyrocketing, any views on what this means in terms of demand for bitcoins?

If I had to be I'd be guessing early juneish.

gox

Might try applying my model to bitstamp in the future but would take a while.

I have my own model I trade with and based on that it is a bull trap, my model could well be wrong however.

My prediction is that we will hit a minima of of around $360 USD as the market moves into panic mode, those with long term investment in mind will be able to enjoy this cheap period before the market corrects and the cycle starts again.

Lol no thanks, i'm hoping to short this turd of a coin so buying them wouldn't help me.

Thanks for the offer tho, seems your looking to dump them too

Hello everyone  for one year. Can someone give me an interest rate they would be willing to accept for repayment of principle and interest on January 2nd 2015.

Great way to get the coin upside and earn money on them at the same time.

Hello everyone looking to borrow 1,000,000 meows for one year. Can someone give me an interest rate they would be willing to accept for repayment of principle and interest on January 2nd 2015.

Great way to get the coin upside and earn money on them at the same time.

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Can I have some some please

So true, lol.

This ban is interesting tho, I hope they don't lift it. The ban creates an interesting test case for what happens when a country attempts to restrict bitcoin, it should tell us allot about its long term viability when larger scale action is inevitably taken should bitcoin truly take off.

??

Oh he's a forum member... thought that might be the most surreal comment ever.

Interesting that Thailand has made bitcoin illegal, even more interesting to see the latest Google search data from Thailand for bitcoin.

http://www.google.co.uk/trends/explore?q=bitcoin#q=bitcoin&geo=TH&date=1%2F2013%2012m&cmpt=q

Seems search volume has double in the last few days, important to bear in mind the large normal variance in these numbers however.

Put in my buy orders now at near this price, think we have hit fair value although it may fall further in the short term.

Been a bear for the past month nice to get bullish again.

lol

Based on this $60 to $70 seems a reasonable target price.