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Author Topic: we just hit 10 USD  (Read 9081 times)
marcus_of_augustus
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June 03, 2011, 07:42:35 AM
 #21

wow... it's kinda nerve wrecking that it's going up so quick.

only if you didn't expect it ... the steel balls will be necessary when it blasts through a $100.

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kinghajj
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June 03, 2011, 07:46:38 AM
 #22

I predict we'll surpass $20 by the end of the month.

Astro
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June 03, 2011, 08:04:48 AM
 #23

I predict we'll surpass $20 by the end of the month.

What about when the Al Jazeera story hits, some Saudi prince sees it and decides to switch the reserve currency of oil to bitcoin. 

It could happen.
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June 03, 2011, 08:10:58 AM
 #24

What about when the Al Jazeera story hits, some Saudi prince sees it and decides to switch the reserve currency of oil to bitcoin. 

I doubt that they'd change their reserve currency in a month. But maybe the story will encourage them to try it out, which would definitely drive the price up further.
TurboK
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June 03, 2011, 08:30:00 AM
 #25

Jumped to 13.5 from 11.5 right now.

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darvil
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June 03, 2011, 08:45:25 AM
 #26

This is unreal.
iCEBREAKER
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June 03, 2011, 08:51:00 AM
 #27

What about when the Al Jazeera story hits, some Saudi prince sees it and decides to switch the reserve currency of oil to bitcoin. 

Muslim elders/scholars/lawyers could declare that bitcoin is in compliance with Islamic law, unlike trashy heathen fiat fun-bux.

Also, Hugo Chavez might decree bitcoins be the new People's Currency, and only sell oil to the Imperial swine for them.

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
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marcus_of_augustus
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June 03, 2011, 09:04:50 AM
 #28

What about when the Al Jazeera story hits, some Saudi prince sees it and decides to switch the reserve currency of oil to bitcoin. 

Muslim elders/scholars/lawyers could declare that bitcoin is in compliance with Islamic law, unlike trashy heathen fiat fun-bux.

Also, Hugo Chavez might decree bitcoins be the new People's Currency, and only sell oil to the Imperial swine for them.

The mullahs will appreciate bitcoin.

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June 03, 2011, 09:26:43 AM
 #29

That's an incredible idea, how does someone contract the Venezuelan treasury?

Cheesy mine mine mine mine mine mine mine Cheesy
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caveden
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June 03, 2011, 09:32:53 AM
 #30

Also, Hugo Chavez might decree bitcoins be the new People's Currency, and only sell oil to the Imperial swine for them.

hehe, don't dream, Hugo Chavez loves having control over Venezuela's currency in order to finance his "bolivarian socialism" with money printing when petrodollars aren't enough. They've faced more than 30% annual inflation recently. He started some price control schemes. If Venezuela adopts bitcoin, it will be because its people will do it on their own to protect from inflation, not because of their dictator.

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Nesetalis
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June 03, 2011, 09:40:56 AM
 #31

i'm so sad ;.; i only have 1 bitcoin to my name... and the prices are skyrocketing making it even harder to buy back in. :<

ZOMG Moo!
d.james
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June 03, 2011, 10:13:59 AM
 #32

14!!! FOURTEEENNNNNNn?Huh?!!! Huh Huh

You can not roll a BitCoin, but you can rollback some. Cheesy
Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
Enzo
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June 03, 2011, 10:20:53 AM
 #33

Beware of the bubble Smiley
Bazil
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June 03, 2011, 10:41:37 AM
 #34

Beware of the bubble Smiley


Seems to be busting wide open right now

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zpinto
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June 03, 2011, 10:45:48 AM
 #35

BUBBLE!!

Just sold mine at 13.4
d.james
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June 03, 2011, 10:55:32 AM
 #36

bah I just bough some at 13+, Cry hoping it'll hit 20 soon Smiley

You can not roll a BitCoin, but you can rollback some. Cheesy
Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
foo
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June 03, 2011, 10:58:47 AM
 #37

Obligatory:

I know this because Tyler knows this.
TurboK
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June 03, 2011, 01:07:52 PM
 #38

Thanks to the increasing prices, I got +40$ just by buying and selling.

Ah, free money.

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Litt
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June 03, 2011, 01:47:05 PM
 #39

woke up this morning: +3$ / BTC  Shocked

a lot of people are buying --> mining is f****** profitable  Smiley

price going up and if trend continues, buying is still more profitable. I honestly thought prices were going to calm down but it's not the case and making buying look much more attractive option of the two.
jonathonr635
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June 03, 2011, 03:51:52 PM
 #40

Is mining really still profitable? I thought because of the amount of people mining right now it was hard unless you dedicated all your time to it.
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