WE FELL TO $10.65!!!!

[aadje93]

but ill just buy some shares on glbse and get dividends while my coins are doing nothing

Have you ever wondered how this works?

yes, glbse is stock exchange with bitcoins...

you pay a person/fund whatever for shares in the company, you get dividend in return for your investment. And you can sell the share to other people if you dont like it anymore...... And i am in tyggr bond P....

[myrkul]

but ill just buy some shares on glbse and get dividends while my coins are doing nothing

Have you ever wondered how this works?

yes, glbse is stock exchange with bitcoins...

you pay a person/fund whatever for shares in the company, you get dividend in return for your investment. And you can sell the share to other people if you dont like it anymore...... And i am in tyggr bond P....

Well, technically speaking, your coins aren't "doing nothing", they're off making the person you invested with money, a chunk of which they send to you, as thanks, and payment for the use of those coins.

[Ziyonex]

You guys have fun! I'm going camping for the weekend. When I come back I expect 2x up or ~$10   

I hope your camping trip is amazing... because coming back is going to suck. $7.5/BTC as I'm posting.

[navigaverint]

[...]... because coming back is going to suck. [...]

I seriously love reading these comments. 

[Ziyonex]

I warned you yesterday:

https://bitcointalk.org/index.php?topic=100706.msg1103589#msg1103589

It will reach around US$ 15 at Mt.Gox market, then will blow like a true Japanese volcano. US$ 13 is just the vibration which precedes the eruption.

 

http://bitcoincharts.com/charts/mtgoxUSD#rg2zig15-minztgCzm1g10zm2g25zi1gAccDistzi2gOBVzv

http://anonymouse.org/cgi-bin/anon-www.cgi/http://img163.imageshack.us/img163/1066/eruptionr.png

Uploaded with ImageShack.us

I don't understand the warning sign. Can you elaborate a little more about why that wasn't just a small fluctuation and nothing more?

[elux]

New daily low from MtGox just now: 7.58

August 17. High: 15.40 / 2 = 7.7

Bitcoin has now dropped by more than 50% since the peak.

[smoothie]

I feel sorry for the guy who bought bitcoins at $15. Just wait....price will get there eventually....

[papaminer]

this is going crazy..

i just did my bitcoinx calculation...

and now i need 1011days to break even with the hardware.. instead of 114days when it was 15

daffuuqqq

[GeniuSxBoY]

and now i need 1011days to break even with the hardware.. instead of 114days when it was 15

uhh... you did your damn math wrong.


If it take 114 days at $15 dollars, it should only take twice as many days at $8.50. That 228 days, not anywhere near 1011

[Yuhfhrh]

this is going crazy..

i just did my bitcoinx calculation...

and now i need 1011days to break even with the hardware.. instead of 114days when it was 15

daffuuqqq

Yeah I feel bad for all the miners and butterfly lab preorders, I bet they are starting to sweat it lol

[papaminer]

and now i need 1011days to break even with the hardware.. instead of 114days when it was 15

uhh... you did your damn math wrong.


If it take 114 days at $15 dollars, it should only take twice as many days at $8.50. That 228 days, not anywhere near 1011

i know.. i did that earlier at home... basically i am just throwing numbers.. but it is around there..

1000+ days to break even.... then 115days before the "CRASH"..

[eleuthria]

and now i need 1011days to break even with the hardware.. instead of 114days when it was 15

uhh... you did your damn math wrong.


If it take 114 days at $15 dollars, it should only take twice as many days at $8.50. That 228 days, not anywhere near 1011

Depends on what your overhead is.  If you make $0.50 profit per day at $8.50, you'll make significantly more profit per day at $15 (until the price/difficulty ratio catches up).

[papaminer]

I feel sorry for the guy who bought bitcoins at $15. Just wait....price will get there eventually....

I was honestly tempted to buy at 15 because people are saying it will go up to 20 or 30... good thing buying bitcoin is as hard as going to CVS store.. lol

[Yuhfhrh]

So are we going back up past $15.40, or is this just a temporary correction before we go even lower? Discuss.

[myrkul]

So are we going back up past $15.40, or is this just a temporary correction before we go even lower? Discuss.

If the previous pattern holds, and the last one was "burp 2", then this is the spike. That's a lot of ifs, though.

[Yuhfhrh]

So are we going back up past $15.40, or is this just a temporary correction before we go even lower? Discuss.

If the previous pattern holds, and the last one was "burp 2", then this is the spike. That's a lot of ifs, though.

Why does it feel like 15 was the spike to me >.<

[TRUERELIGION]

Don't know if this was already posted on here,  but this is significant:

WikiLeaks bypasses financial blockade with Bitcoin
http://www.hangthebankers.com/wikileaks-bypasses-financial-blockade-with-bitcoin/

[Yuhfhrh]

LET THE RALLY BEGIN! 

[kentrolla]

http://betsofbitco.in/item?id=619


grrr why so many agrees?

[paraipan]

LET THE RALLY BEGIN! 

+1