illWill (OP)
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Merit: 10
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September 06, 2012, 04:01:57 AM
Last edit: September 06, 2012, 08:38:16 AM by illWill |
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Yup were heading up it would seem folks! brace your self for battle  |
BTC 1LX1whdHhGHdchyQVKgWsRnVRYsrBEjept
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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illWill (OP)
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Activity: 68
Merit: 10
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September 06, 2012, 04:11:41 AM |
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just hit 11.02 |
BTC 1LX1whdHhGHdchyQVKgWsRnVRYsrBEjept
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Kazimir
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Merit: 1001
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September 06, 2012, 07:56:23 AM
Last edit: September 06, 2012, 08:26:48 AM by Kazimir |
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11.5  I don't think so. Don't get me wrong, I'm all positive about Bitcoin. But it's currently at € 8.60 and there's no way it will go up almost € 3 in just two days. |
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illWill (OP)
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Activity: 68
Merit: 10
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September 06, 2012, 08:16:02 AM |
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11.5 I don't think so. Don't get me wrong, I'm all positive about Bitcoin. But it's currently at € 8.60 and there's no way it will go up almost € 2 in just two days. 11.5 USD....  |
BTC 1LX1whdHhGHdchyQVKgWsRnVRYsrBEjept
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Kazimir
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September 06, 2012, 08:28:38 AM |
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USD.... Oh, American money... Right, so that would be like € 9.1 Hmm that's still 0.50 up in only 2 days, but yeah I can kinda see that happening  |
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Kazimir
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September 10, 2012, 07:18:09 AM |
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Well, apparently not... Seems to be stuck at ± 8.50
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tronics
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September 10, 2012, 07:53:14 AM |
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So expensive now, wonder how might it will get to next year
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Kazimir
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September 10, 2012, 08:03:38 AM |
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So expensive now, wonder how might it will get to next year Expensive? Bitcoin is extremely cheap at the moment, after the rate drop due to the pirate scam a few weeks ago. And remember, mining rate will be halved in 3 months. Guess what's that gonna do for the EUR/BTC rate? |
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c4n10
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September 10, 2012, 09:50:40 AM |
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So expensive now, wonder how might it will get to next year Expensive? Bitcoin is extremely cheap at the moment, after the rate drop due to the pirate scam a few weeks ago. And remember, mining rate will be halved in 3 months. Guess what's that gonna do for the EUR/BTC rate? The value is only going to increase because as we feed the network more processing power the difficulty will grow proportionally, it's a self-feeding cycle where we'll catch up to a decent mining speed but then the difficulty will reach a level of insanity that will eventually outdate the new asic's coming out next month... |
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SuperHakka
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September 10, 2012, 09:54:33 AM |
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11.5 I don't think so. Don't get me wrong, I'm all positive about Bitcoin. But it's currently at € 8.60 and there's no way it will go up almost € 2 in just two days. 11.5 USD.... Can anybody explain in simple language what the orange, green and blue lines on this graph mean please? Thanks in advance! |
'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi
"Whenever I'm about to do something, I think, 'Would an idiot do this?' and if he would, I do not do that thing." - Dwight Schrute
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c4n10
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September 10, 2012, 10:00:05 AM |
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The orange and blue lines are high and low margin predictions of the bitcoin value over time based on the high and low trends, the green line represents the median prediction which is basically an average of the high and low margin predictions.
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peepee
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September 10, 2012, 12:40:13 PM |
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The orange and blue lines are high and low margin predictions of the bitcoin value over time based on the high and low trends, the green line represents the median prediction which is basically an average of the high and low margin predictions.
No.  |
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greyhawk
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September 10, 2012, 12:47:23 PM |
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The orange and blue lines are high and low margin predictions of the bitcoin value over time based on the high and low trends, the green line represents the median prediction which is basically an average of the high and low margin predictions.
Please don't play the Bitcoin Exchange market. You'll hurt yourself. The orange line are current buy orders, the blue line current sell orders, the green line is the price with the x coordinate showing price of the transaction and the y coordinate showing time (invisibly) with current time being right at the bottom of the axis. |
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c4n10
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September 10, 2012, 12:59:33 PM |
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The orange and blue lines are high and low margin predictions of the bitcoin value over time based on the high and low trends, the green line represents the median prediction which is basically an average of the high and low margin predictions.
Please don't play the Bitcoin Exchange market. You'll hurt yourself. The orange line are current buy orders, the blue line current sell orders, the green line is the price with the x coordinate showing price of the transaction and the y coordinate showing time (invisibly) with current time being right at the bottom of the axis. I see |
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freefal
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September 10, 2012, 02:34:41 PM |
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"And remember, mining rate will be halved in 3 months. Guess what's that gonna do for the EUR/BTC rate?"
Hmm...I'm not sure why this necessarily is going to happen. People can anticipate these events.
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