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milaliss (OP)
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November 03, 2015, 05:35:20 AM
 #1
Bitcoin price hits $360
Monday saw the price of the digital currency breaking the year’s maximum. The rally continues second week in a row.
http://www.coinfox.info/news/3568-bitcoin-price-hits-360
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 03, 2015, 05:58:03 AM
 #2
Quote from: milaliss on November 03, 2015, 05:35:20 AM
Bitcoin price hits $360
Monday saw the price of the digital currency breaking the year’s maximum. The rally continues second week in a row.
http://www.coinfox.info/news/3568-bitcoin-price-hits-360

And it's already $374.5 on preev. Looks like it's possible to even reach $400 this week. Cheesy
 
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November 03, 2015, 08:17:48 AM
 #3
The price has risen so fast. Maybe the bull market has begun. We already suffered two long years of bear market.
tiggytomb
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November 03, 2015, 08:22:34 AM
 #4
Glad to see the price moving on up when I checked this morning, at this rate we could indeed break $400 this week.
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November 03, 2015, 08:48:00 AM
 #5
Quote from: tiggytomb on November 03, 2015, 08:22:34 AM
Glad to see the price moving on up when I checked this morning, at this rate we could indeed break $400 this week.

It could be very possible to break through the $400 price level this week, but I find the price is going up a bit too fast. If it was 3 months before the halving, I could understand the pace, but we're still 9 months away from the halving.
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November 03, 2015, 01:39:40 PM
 #6
Don't fucking jinx it! I'm enjoying profit right now!
BitcoinRepublic
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November 03, 2015, 02:34:40 PM
 #7
Quote from: Lethn on November 03, 2015, 01:39:40 PM
Don't fucking jinx it! I'm enjoying profit right now!

There is no profit if you do not sell your bitcoin. If you sell your bitcoin and the price continues to rise, you will suffer psychologically. It is a difficult decision.
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