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Technically hit a high of $417 over on btcchina before correcting back below $400. Getting a little crazy over in china right now.
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$20 swings on btcchina, mtgox, and coinbase.... WTF is going on....
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Yes I am sure because prices don't just rise 20% in 3 hours on one exchange. It's already correcting, but yes the general uptrend will continue atleast for now.
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btcchina is running up the wall over there and the other exchanges are struggling to keep up. Does anyone see an end in sight to this madness?
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This is out of control. IMO price is rising too quickly and there's going to be a correction. Let's hope we get our sell orders in prior....
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Two things:
1. Any chance of being able to buy direct shares?
2. How much hardware is waiting to be shipped from cointerra? (In Th/s please)
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mtgox @ 362 and climbing... do I hear 400 tomorrow?
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Is it me or is difficulty starting to slow down?...
only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more) You think it will be that much? I feel like no one is even considering mining anymore because there are no gains left to be had. But then again if they price it decently it may prove worthy to buy. Speaking of does anyone know when they will be ready to ship them? |
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I think it would be nice to pay rent or buy gas in bitcoin. I mean its so much more simple than using a credit card and all you would need with you is your phone. Maybe it even gets to the point where we can pay credit card bills with bitcoin to save some time.
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Yeah it would definitely get a lot of press attention, but that amount of capitalization in bitcoin is going to take some serious time. 1% of lets say 10T is still 100B and thats 30x more than current prices today, so this just means we have to wait another year or two lol.
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It should be noted that if for some reason bitcoin fails, we would need an alt currency to take its place. Bitcoin 2.0 or something which corrects the flaws created by the currency and brings the cryptocurrency to a whole new level. Of course I would never want bitcoin to fail, but just as the most secure systems in the world are eventually cracked, bitcoin may fall as well.
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IMO better off guessing the hashes than actually trying to work out the algorithm lol. Don't have too good of a chance to crack SHA-256 even with the fastest group of supercomputers anyways.
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Pushing $334 atm on coinbase and looks like the price will continue to rise tn. Mtgox is over $356 and theres still only 7k btc sell orders up atm.
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My sell order went automatic at 350 and just sold all my coins in Gox...
Profit taken.
Are you trying to buy back in? You think price is dropping? |
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Anyone know how secure the investing is here? After the shutdown of btct and bitfunder I'm a little worried on investing here.
Online gambling is a bit of a legal gray area in many jurisdictions. Dooglus is from Canada, the site runs on Amazon AWS in Ireland. It's definitely in a better spot than BTCT and BF, which were operated by Americans. I'm probably going to hold off seeing as the risk is far greater than the reward at this point. |
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I'm not sure any pool would use it as it undermines bitcoin as a whole and reduces the long term viability of the currency...
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Is it me or is difficulty starting to slow down?...
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We could really use some statistics on coinbase, such as volume and historical pricing. I think there's a chance they might have huge volume. They started off tracking the MtGox exchange rate, then it was inline with Bitstamp, and now it is somewhere in between. I bet they have high enough volume both buying and selling that they can discover the price internally pretty well without having to exchange too much with Bitstamp or MtGox (which they probably don't do at all).
I don't think they want us to know the statistics on coinbase. They don't want it to be used for 'trading' but for actual 'exchange'. I second this opinion, they don't want to turn out like mtgox or anything. They just want to bring a suitable, easy to use exchange for people more casually using the currency. |
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I'm calling the top in the $1k range only because I feel that this bubble will last longer than the previous one and inevitably break the 4 digit barrier.
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Could u extend the graph? I'd like to see when it touchs the one million mark.
Seriously people! 1.000, 10.000 or 100.000 $ for one BTC? BTC will become more and more attractive for hackers and thieves. There will be massive waves of wallet.dat stealers, trojan horses, etc. People will kill to get one lousy Bitcoin. Don't you see the massive implications that this will bring? And that this alone will stop BTC from rising "forever". Yeah but also people will have less and less on average as more people come into the scene buying bitcoins. Stealing bitcoins will be just as lucrative as it is today. |
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