MtGox fixes their withdrawals, BTC sum skyrockets to 150-200k.

MtGox doesn't fix their withdrawals, sooner or later the BTC will begin hitting Bitstamp.

I think people are delusional to think current Bitcoin supply is anywhere near "normal" levels. Consider for a moment that over 100k BTC are created every month (and we are about 30% quicker), plus miners' marginal profits continue their collapse with about halving every month. They'll have to sell more and more to amortize their newly shipped ASICs, and when we squeeze even more, to cover their electricity costs.

There's no new money flow in truth, only an illiquid primary exchange that is delaying and distorting everything.

I'm gonna make another crazy prediction since the bitcoin ETF seems to be all but sure thing at this point.

We're gonna have emerging countries switch to an alt coin and very possibly to Bitcoin.  I'm gonna even call the first country to do so:  INDIA!

In actuality it could be Indonesia, Brazil or any other emerging country but I'll stick to India.  The dollar's loose policy is destroying the currencies of these struggling economies.  They have to act soon and if just one switches then there will a very much expected snd desired chain reaction which should take Bitcoin to $10,000.

I know, we haven't even gotten to my $1,000 prediction and I've already upped it to $10,000.  That's how I roll.


Here's a taste of India's problems and it's only gonna get worst.  They're gonna play right into the Bitcoin plan:  Mass Global Adoption.


http://finance.yahoo.com/news/rupee-where-currency-collapse-confounds-210459680.html

Man its good I got out when I did. Things ain't lookin so hot for you guys. Can't wait to plunge back in though. Long term investments are the only way to go

Where do you find $40 BTC? It isn't there yet, but likely in the next couple of days it will

This is a long slow slide. Fear that politicians will use Bitcoin witch hunting to attract financial contributions from the banking industry will suppress widespread adoption. Playing by the rules will be difficult when they make special rules just for Bitcoin. One of two things will break this slide. Either someone will succeed in getting Wall Street to recognize the profitability of Bitcoin as a payment system, or the technology will evolve beyond the ability to regulate against widespread adoption. Until then, Bitcoin has no reason to be worth more than about $30-50. Let's hope all this speculation inspires lawgivers and developers to find some common ground and/or agree to disagree.

I am getting sick of seeing all of these threads of people panicking!  I have not even been into BTC that long, only a few months, and I can already see that this is just typical for the history of BTC.

What we know:  We are still very early in this.  BTC is volatile.  It goes up, it goes down, it goes up again and plateaus at a higher point.

So what is the big deal everyone?

I for one am holding.  I will turn off my computer this weekend (I am going out of town anyways) and hopefully return to some normal boring activity with BTC around $90 to $100 next week.

Call me crazy but holding could just be the smart move in all of this.

E speculatie pentru ca nu avem de unde sa stim, nu exista dovezi in nici un sens, deci e speculatie prin definitie. Sa spunem ca nu am cumparat ASIC-uri, am cumparat Bitcoin cand pretul era $150, si acum vad ca pretul o ia la vale. Nu am sa vand? Mi se pare acelasi lucru. Pentru mine cel putin, vand Bitcoin daca ma astept ca pretul sa scada, cumpar daca ma astept ca va creste. N-are nici o legatura daca am ASIC sau nu.

Se mineaza mai eficient, dar nu "mai mult", rata la care noi bitcoini intra in circulatie e aproape constanta. De exemplu, in momentul de fata hash rate-ul este cam 170TH, daca eu maine vin cu inca 170TH de ASIC-uri in total tot la fel de multi bitcoini sunt generati. Faptul ca minerii cu ASIC-uri sunt mai tentati sa vanda e speculatie, si la fel hash rate-ul total nu influenteaza pretul, corelatia exista dar cauzalitatea este inversa (cu cat pretul e mai mare, cu atat hash rate-ul va creste mai repede).

I'm pretty surprised that it's been going about as I predicted.  I made a bunch of money this year on LTC and BTC, which is good.

Around the end of last year I predicted that the price of BTC would hit some new high above $100.  I sold the majority of my BTC when the bubble hit and have no regrets.  I also predicted that as ASICs hit, mining profit would tumble and we'd see a new low around that of the previous bubble's high ($30).  As before, the tumble to $30 or so will be slow and agonizing.

I would caution against the buying of large quantities of ASICs right now as the price may go so low that you'll be able to pick them up for next to nothing at the end of this year.  I bought 5 USB Block Erupters for shits and giggles, but I wouldn't go farther than that from any company -- unless you really want to worry about mining with your shiny new $120 GH/s ASIC that pulls 600 W from the wall and nets you barely nothing in the event the price collapses but the difficulty remains high.  Further, the effect on resale value of the devices will be catastrophic, so you may encounter horrible losses even if you try to resell it after.  If this happens, then it's probably a good idea to buy ASICs and sit on them until the network and price sorts itself out.

That's just my two fiat buck cents on where the market is going.

       Salut tuturor.
        Despre bit-coin stiu de mult din 2009 cand chiar am avut o initiativa sa'mi cumpar cativa, atunci cand se dadeau 1000 la dolar, fiind mai mult interesat de conceptul acestei "monede", nici o clipa gandindu'ma c'si putea face un profit... dar n'a fost sa fie si intre timp am si uitat de el. Interesul mi'a revenit relativ curand, adica prin aprilie anul acesta si studiindul mai in detaliu am ajuns sa fiu chiar fascinat de BTC, LTC, etc... Momentan nu ma ocup cu minatul dar putinii "biti-coini" pe care'i am i'am investit in ASICM pe havelockinvestments si TAT-ASICMINER pe btct (fiind de fapt aceleasi shares, doar ca pe doua platforme diferite).
        Acum sa trec direct la subiect... Ideea mea ar fi deschiderea unei companii cu shares in BTC care sa fie back'up'ed de imobiliare. Spre exemplu: Compania detine un spatiu estimat la 100.000 eur, se traduce in BTC care ar insemna la momentul actual approx 1000 BTC, se emit 10.000 shares fiecare cu valoarea 0.1 BTC si de aici ce urmeaza, adica: plata dividentelor lunare care vine din inchirierea imobilului (spatiu comercial, apartament, teren, hala, etc)
        Sau varianta doi, compania nu detine nici un imobil si emite bonds pentru al cumpara, si la fel se obliga sa plateasca dividente pt o perioada de x ani, dupa aia cu posibilitatea de rascumparare sa spunem la 110 la suta din valoarea lor actuala pe piata.
        Putinele cifre pe care le'am spus sunt pur teoretice, neefctuand nici un studiu in privinta asta, importanta fiind doar ideea.

        Momentan eu sunt in Danemarca, dar asi vrea sa infiintez/infiintam aceasta companie in Romania, dupa ce ma intorc, asta putand fi peste un an.

        Astept pareri/opinii despre:
 
 - cat de realizabila este ideea
 - daca mai exista asa ceva
 - exista background legal pentru o astfel de companie
 - ar fi posibila listarea share'urilor pe o platforma de trading
 - ati cumpara share's intr'o astfel de companie
 - ati fi dispusi pentru asociere in crearea une astfel de companii
 - pareri pro si contra

Astept parerile voastre.

Eu am folosit numai pentru testing Gox Trading Bot ( se poate adauga ca extensie la Google Chrome si se gaseste in Chrome apps store iar threadul din forum este aici https://bitcointalk.org/index.php?topic=67591.0.
Mie mi-a pierdut banii ( apropape un bitcoin ...) vindea si cumpara pe dos ...dar altii spun ca merge..oricum este foarte usor de instalat si de modificat .

Poate il rezolva cineva si ne spune si noua pe romaneste ce setinguri sau modificari tre facute sa produca si el ceva bitcoini

Calling it.

Salutare  eu minez pe acest pool si  avem nevoie de  niste hashpower in plus daca binevoiti sa dati o "placa" de ajutor n-ar strica.
Multam frumos!

Sunt relativ nou in domeniu si de curand m-a prins partea asta, de trading.
Pana acum merge binisor insa as vrea sa grabesc putin lucrurile
Am observat, citind topicurile straine, ca sunt unii care folosesc boti pt trading.

Cine ma poate lamuri ce sunt aia, cum functioneaza si daca se merita, sau tot metoda clasica ( ochii in monitor) e mai buna.

Merci

Tare am eu impresia ca toate firmele producatoare de ASIC trag cat mai mult de timp cu livrarea produselor pentru ca toata lumea le vrea. Ideea e ca fiecare persoana in parte are impresia ca va mina mai mult daca investeste mai mult, ceea ce duce la o investitie totala enorma in putere de procesare, ceea ce teoretic inseamna ca atunci cand vor ajunge intr'un final toate ASICurile (care dupa cum stiti nu pot fi folosite la nimic altceva decat minare de BTC), cei ce mineaza vor mina in continuare la fel de incet, dar valoarea BTCului va creste foarte mult din cauza investiei care a fost facuta in el (sub forma de ASICuri). Sau in alte cuvinte, sugerez celor care au bani de investit sa astepte (dar nu prea mult!) pana ajunge BTC la o valoare relativ scazuta si sa cumpere mai mult, urmand pana in toamna, cel mult iarna, valoarea BTC sa creasca de cateva ori.
Nu sunt economist, n'am jucat niciodata la bursa, etc, dar parca are logica, nu ? Acu' ziceti si voi daca sunt realist sau bat campii.
O zi buna si spor la minat!

It was narrowed down to one of the components however I am still waiting on confirmation.

Thank you, added to the Op.