Disclaimer: Pretty soon I'm going to run out of disclaimers.

Nothing much to report: DDoS yawn, weak hands shaken, as you were gentlemen.

Disclaimer: The more things change, the more they stay the same.

Nothing dramatic but you *could* imagine the price waiting to rejoin THAT trendline couldn't you?

Disclaimer: Consult your financial advisor before buying Bitcoins. Then ignore him.

It seems Mt Gox has been trading for 1,002 of the 1,007 days since it opened.

No cake? :p

Edit: oops - wrong forum!

I suspect there will be no cake anyway.

Over the 1.8% daily growth one that held for 10 weeks - which is still a mighty fine trend!

And towards $150, the next milestone.

It *might* (caveat - speculation!) just join the last pre-crash trendline of about 6% daily growth

Trendline: "Hey, where you been?"

Price: "Ah nowhere, just crashed, nothing major. How's things?"

Edited: My bad, it seems it is as it was before and nothing has changed!

Please delete!

I've missed you old friend.

Just over half the volume traded of the previous day but a clear, massive bullish sign.

I expect a lot of to-ing and fro-ing before we jump $100 although looking back at what happened the first time we broke $100, trading was very steady for over a day before it happened.

The usual recap of recent activity.

Should we close above $68.36 (and I would wager that we will), it would be the first green daily candle since the crash.

So I go to sleep and my favourite thread has been nuked - probably for the best!

Is there a replacement for it where we can include wall updates but don't have to?

If not, may I suggest this one?

I'm prepared to start the banter:

Ooh look at that Bitcoin, it's undervalued right now, I'd expect some upwards price movement today. I must be a perma-bull.

Teddies attack!

Disclaimer: there is no disclaimer.

As you can see the...nah.

Chart says it all.

Disclaimer: you don't actually need to drink 8 glasses of water a day to stay healthy.

Moar chartsez? http://tonycoleby.com/bitcoin

I'm really curious to know what's happened the Gox verification queue over the last couple of days.

In spite of the fact that many waiting to become verified may have simply been scared off, someone must be awaiting verification, be lurking here and have that little rounded-off number to share with us?

Anyone?

See that little dog paw under the yellow speculative arrow. That's your crash that is.

Average daily growth for the last 25 days is now at a less insane 4.8%.

Disclaimer: I didn't shoot JR.

Someone asked, so if we double every 8 days, how close is the singularity?

I ignored the bit about the doubling increasing in frequency because THAT would be even freakier.

:p

Today's update.

Disclaimer: the maths is doing the talking here, the What If? premise is: what happens if the last trend of 6.8% average daily growth over 24 days carries for the same period of time?

From the last chart of 9th April 2013, the average daily growth is now 6.8% from 6.2%.

This average absorbs yesterday's insane 23% growth. If we start projecting THAT we get into gagagoogoo territory.

Also see my just-for-fun chart looking at projected daily 9% growth here: http://tonycoleby.com/shared/2013-04-09b-9pc_bitcoin_growth-for-fun-only.png

http://www.ebay.co.uk/itm/1-BITCOIN-satoshi-sale-/200911620774

3 sales too? I think he must have shilled the first sale.

How can the buyer be happy?

He even says he prefers PayPal - I don't get it.

Is he stupid, clever, both?

Sorry, I've been inserting these into random posts including the Wall Observer, probably best if I just give it a post in Speculation.

It's interesting to note that the daily growth which was running at an average of 1.8% from January to March changed dramatically on 17th of March to the current average of 5.9%.

The two previous sustained moves up in price saw average daily growth of 5.4% (2010) and 6.5% (2011).

I wouldn't like to draw any comparisons just yet.

Disclaimer: I'm just a bloke who loves Bitcoin, not a financial wizard as you can probably tell

Oh, I'll keep these charts up-to-date over at: http://tonycoleby.com/bitcoin

The chart shows price growth at Mt Gox (closing prices) and a projection of price of the 3 major rallies including this present one.

Price axis is logarithmic of course - is there any other way of looking at it right now?

This is the third and by no means the biggest sustained rally in price since Mt Gox started trading in BTC at $0.05.

Of course things are different from the collapse of 2011: acceptance by major global players, mainstream media attention to mention a couple.

Sure this is speculative but if someone had posted the chart to date at the beginning of January they would have been laughed at right?

I've searched and found nothing similar or certainly not posted recently so I thought I'd share what I'm doing to help this thing.

1) Ask your favourite online retailers if they plan to accept Bitcoin. No need to go into a spiel - many may be considering it already but the volatility might be a negative factor. See this is a simple registering of interest.

2) Tell your friends about Bitcoin. Don't be preachy, don't be techy. Just link to a plain English, non-biased (yeah I know!) explanation of what Bitcoin is and what it has done recently. Perhaps drop in the caveats "What goes up.." Past performance is not an indicator..." etc.

3) Get a friend of family member to buy 1 BTC - damn this now reads like a pyramid scheme. Perhaps just ask, don't force. Now all my family know about it. Even my Mum asked "Where can I buy them?" <- Bears you may now reply using the word bubble or crash as you see fit.

My Bitcoin news posting on social networking mostly tends to fall on deaf ears but a couple of the more smart friends have asked me to explain more, which I have done. Perhaps in a year or two I will retroactively become their best friend ever when they come to cash in their pet Bitcoin

Anything else anyone would like to add?