These walls have gone up many times of course, these attempts to push the market around aren't new.
Indeed,The wall fake or otherwise will not stop the fundamentals of why there is a rally,especially with the continued EU debt crisis this is but the beginning....wall or no wall! I think it may just be an attempt to get some cheap coins actually. |
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Hashrate UP = Price of BTC UP ?  If that is how it works in 6 months we are going to all be rich:) If this were the case it would make more sense to invest in buying more BTC.....than getting an ASIC,lol. I'm thinking that Many Asics shipping+EU debt crisis=volatility for BTC increase=Buy more BTC,lol. |
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can someone please explain to me what is happening? who the hell is buying?
It's the Chinese,they are hoping to use Bitcoin as a catalyst to replace the dominant US dollar.:evil: |
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Damn,Just checked the site and found someone willing to pay $80 per BTC. BTC is now worth more than 1 gram of gold.  |
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RIP to the BTC traded for LTC....lol
It won't stop the Spanish BTC rush! Ole!
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I was hoping for some stability but it looks like there's plenty of people out there willing to pay $60+ at the moment if people will sell.
It's crazy isn't it ?In January I don't think anyone could have seen this in their wildest of expectations. |
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I didn't buy since $13.5. I've made a deposit on cavirtex and now I'm wondering what should I do?   That's tough,I bought in and sold multiple times and still have profited.I think you should wait until a dip as 60 seems kinda high right now. |
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With the way this is going I wouldn't sell.I wonder if this could go ever higher due to the Cypriot problems. |
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A bitcoin is currently worth 2 ounces of silver and ~1 gram of gold.
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Lol I meant BTC,but I guess one could hash PPcoin. |
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I think there will come a point where individuals who have been selling will realize the mistake of having one user holding so much BTC value is not a good idea when the whole point is about distribution and acceptance of the idea of Bitcoin.It's better to hold at the moment and wade in the shallows than going into deep with a life vest saying,"Don't Eat me!".
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yeah I sold. At $17. Took me till about $27 to realize I had made a huge fucking mistake and bought back in. THANK GOD I DID.
Individuals following this for years make mistakes like this but man 27 a long realization. |
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All I know is that individuals should hold,I'm not sure this is over yet.
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Change it to "Will Bitcoin ever hit $10k?"  lets go for 60 first... we might get that within this week 60 has already been hit.Perhaps a 70 thread. |
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Who's up for a $60 thread?
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50 cents meet you brother 50 bill
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I can see it now a bitcoin worth 2 pieces of silver....mateys!
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It seems that way... In its heyday, Tradehill was the second largest exchange for experimental virtual currency Bitcoin. But the site closed down due to a protracted regulatory dispute and a string of payments fraud charges.
With a new team and a design reboot, Tradehill is ready for a relaunch. The new site goes live today with a new business-focused product dubbed “Prime.”
“We want to be the grownups in the Bitcoin space,” said chief operating officer Ryan Singer in an interview. “Our goal is to be the institution that other institutions turn to when they have needs related to digital currencies.”
Bitcoin is a cryptographically secure currency that operates without a central authority, unlike the dollar or yen. It burst into the public eye in the spring of 2011, and its value has fluctuated widely ever since. Last week, the currency collapsed 23 percent due to a technical glitch.
Bitcoin is a favorite of the libertarian and hipster crowd. Criminals too. The FBI fears the anonymous payment network is a haven for money laundering and other criminal activity.
However, Tradehill’s founders are convinced their first product will be a hit with business and accredited investors who need a better way to engage with the digital economy. Every client will receive a $75 credit to test trading and can activate an account with a deposit of at least $10,000, 200 Bitcoins, or $5,000 in Mt. Gox codes.
The difficulty in managing online transactions and exchanging digital wealth for hard cash led to the rise of exchanges like Tradehill, which use online wallet services to move real money around. Money transfers are regulated and require licenses.
Tradehill claims to be the first institution in the Bitcoin market to hold over $5 million in user funds and process full payouts. “Every other Bitcoin company that achieved scale either lost money in a hack or went insolvent,” a press release states.
Still, the Bitcoin currency has a few advantages — namely, it allows for complete anonymity and privacy. Once a transaction is completed, there is no central server with information that a government agency could subpoena. In addition, Bitcoin advocates will tell you that about 60 countries are blocked completely from PayPal, so sites like WordPress will accept Bitcoins for blog upgrades.
The team is confident it can deal with any potential problems that may arise.
“We have more lawyers than engineers,” said Singer, who stressed that the new Tradehill will be fully compliant. Likewise, the site’s defenses are up. To avoid being hacked, the founders recruited a chief technology officer from Google’s privacy unit.
It has been just over a year since Tradehill went bankrupt. In February 2012, founder Jered Kenna shut down the site after losing $100,000 in a dispute with one of its payment processors.
Singer said the company made the decision to keep the Tradehill name as it’s an “established brand” with a strong network.
Tradehill refunded its investors when the site shut down.
The founders say they have strong relationships with other Bitcoin sites and services (and potential competitors) Mt. Gox, Coinbase, BitInstant, and BitPay.
The new team, based in San Francisco, has raised a small seed round of funding from angel investors and expects to close a first round of about $300,000 in the coming months. |
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Hey, how does this work with overclocking? Set it up via a config or use CCC/Afterburner?
Also, Im having issues connecting to a pool, I can solomine fine via localhost 9332 but when I enter my pool info it never connects.
Yet, I have no trouble connecting using the same info in cgminer...
Yeah,I'm getting these very same issues in addition to trying to hash in multiple gpus using Catalyst 11.12/AMD SDK 2.5 under XP. |
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"days" is like Soon™ right?
I don't know why but I got the impression for moment BFL was the Duke Nukem of ASICs. |
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