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So how many bitcoins has the new wall guy bought so far?
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DING DING DING, 5k buy at $97
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And how many boys? Got to be more than 30M boys in the US alone?
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When I see the 1k and 600 wall moving around I try to imagine what that guy is thinking. Obviously he is really rich, and he also don't really understand what he is doing. It's nice to know that one loaded guy is starting to get interested in bitcoins. After playing around, reading around and trying to convince his friend, who knows what crazy ideas he might get and might buy for much much more than 1600BTC...
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93.8, I like this new guy. Probably just change for him, he just adds one digit as he feels like it. Probably bored that the bots keeps minraising him. $94.5 will happen soon!
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$93k says we are gonna stay above 93
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Yeah, the leftist have way too much money, they should give 90% of their income to poor africans. Not so fun anymore?
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Took me a while but I finally beat Civilization III Conquest on difficulty level "Sid". Give that a try, it will keep you busy for a few days!
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Maybe just a little worried that not everything is in the image of 2011:
Honestly, 2011 is a vague guide, not a rule-book. There was a fundamental difference right at the start. In 2011 when the bubble began the base was just under $1, so increased over 30x to peak. But the fall was only to $10, still 10x base. So it had a long way to fall, and it did for 5 months. In contrast, 2013 dropped straightaway to barely 3.5x the base of $13-$14. So a low was quickly tested. 2011 was the first bubble so a lot of people did not know what to expect. In 2013, everyone was looking at this prior event and obviously many people cashed out fast. If 2013 crashed only to $135 and bounced around that for a few months then the argument that the bottom had not been tested would be very sound. But this is not what happened. not to mention in 2011 there was 2x more bitcoins produced than it is now, and way less people interested. I doubt we will be repeating 2011 post bubble, it will be more like 2012 one. But 50% of those mined coins went to hoarders instead of today when 100% goes to miners who insta-cashout. |
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DING DING DING! $100  |
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It works, was first and technology demands it.
Not necessary because of being first. Google was the 20th search engine to emerge. It learnt from all it's previous competitors mistakes. Bitcoin wasn't the first either. There were crypto currencies before Bitcoin, but none effectively solved the double spend problem. Perhaps, and this may be bold, but perhaps Bitcoin learned from it's predecessors... which is why bitcoin will not be the end all of cryptocurrencies. it is the firsts successful one but there will be others that will prove to have advantages over bitcoin. this is still a pioneer industry and it still in development. it is not ready for prime time but it is close, about 3-5 years away from true public adoption. which is why TCP/IP will not be the end all of protocols. it is the firsts successful one but there will be others that will prove to have advantages over TCP/IP. this is still a pioneer industry and it still in development. it is not ready for prime time but it is close, about 3-5 years away from true public adoption. Some history lesson for you guys. TCP/IP was developed 1969 and became a standard 1973. We still use it for 99% of all traffic even though the size of data, its applications and what kind of people use it has changed. I can definatly see the same with bitcoins, everyone using bitcoin but for some weird applications like transactions on Mars, microtransaction etc people use different protocols on top of bitcoin. |
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It works, was first and technology demands it.
Not necessary because of being first. Google was the 20th search engine to emerge. It learnt from all it's previous competitors mistakes. Google is a service provider, not a standard. |
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The same reason TCP/IP prevailed. It works, was first and technology demands it.
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I love bitcoinity with sounds. Reading a fantasy book and then it just goes beep beep beep beep beep beep beep and and know that each one of those is a 100BTC+ buy where the price went up.
$85, I am expecting it to go to $100, probably the brothers who don't want their ETF to look stupid.
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