Bitcoin nearly reaching its highest ever market capitalisation

[matthewh3]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

[adamstgBit]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

ya so everyone clam down and wait for dumps! 

[matthewh3]

Currently now it is holding at the longest amount of time that the BTC market capitalisation has been above $125,000,000.

[Realpra]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

ya so everyone clam down and wait for dumps! 

I don't know about that. I still think there is upwards pressure due to the halving. That pressure will likely persist as a strong factor until we reach 15$/BTC or more.

Plus Bitcoin is looking more and more mature by the day. I myself am working on a bitcoin card that will let anyone pay to any Android phone user in the world in a secure and fast manor. (https://bitcointalk.org/index.php?topic=7539.140)

Wordpress accepts Bitcoin along with thousands other online shops now. The list goes on. Even skeptics I am talking to are starting to take it a little more serious when you throw around the big numbers Bitcoin has already and they are impressed when largely any country they can name shows up on LocalBitcoins.

The USA alone has 100 billion $ in fraud costs per year due to VISA/MasterCards; sooner or later people will start using Bitcoin for everything at all times.

[adamstgBit]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

ya so everyone clam down and wait for dumps!  

I don't know about that. I still think there is upwards pressure due to the halving. That pressure will likely persist as a strong factor until we reach 15$/BTC or more.

Plus Bitcoin is looking more and more mature by the day. I myself am working on a bitcoin card that will let anyone pay to any Android phone user in the world in a secure and fast manor. (https://bitcointalk.org/index.php?topic=7539.140)

Wordpress accepts Bitcoin along with thousands other online shops now. The list goes on. Even skeptics I am talking to are starting to take it a little more serious when you throw around the big numbers Bitcoin has already and they are impressed when largely any country they can name shows up on LocalBitcoins.

The USA alone has 100 billion $ in fraud costs per year due to VISA/MasterCards; sooner or later people will start using Bitcoin for everything at all times.

i agree, by the way thebitcoinreview.com will be going BetaGold sometime in 2013... Alpha 1.2 worked out pretty good but i need a good few months worth of weekends to get it up where i want it.  

[420]

*Watching*

[Endgame]

damn that market cap has been really climbing this year. I feel like we should celebrate once we hit the 150 million mark. Its pretty significant milestone imo.

[420]

damn that market cap has been really climbing this year. I feel like we should celebrate once we hit the 150 million mark. Its pretty significant milestone imo.

hell yeah. whip out the Alize

[Jack1Rip1BurnIt]

I can't wait till it hit hits the Billion dollar cap. At that point I would recommend a bottle of Cristal and a seat belt.

[420]

I can't wait till it hit hits the Billion dollar cap. At that point I would recommend a bottle of Cristal and a seat belt.

once ASIC's hit...

[TheButterZone]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

ya so everyone clam down and wait for dumps! 

[arepo]

>clam down

[cbeast]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

ya so everyone clam down and wait for dumps! 

I think once Bitcoin has unique applications and network stability, we will see a new class of investor enter the market that won't be so reactive to the pump-n-dump speculators. They are called savers. You might think they are extinct, but this evolutionary trait may once again find a niche in the deflationary-based economic climate created by Bitcoin.

[420]

Bitcoin; you're so deflationary

[Akka]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

And it did now, hurray!


Also:

[420]

I think reaching a new all time high market capitalization is more important that straight bitcoin price high

hence; I made a video on this:

http://youtu.be/HpikGDDcpE4

[Spaceman_Spiff]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

And it did now, hurray!

Huh? No it didnt , are you looking at 1-year chart?

[ATC777]

I think this spike is a good sign... it suggests Bitcoin may be beginning to reach "critical mass"... but I'm not buying on the way up. I sell your greed and buy your fear. Next week when you're all ready to dump your coins because it falls back towards $12 just let me know and I will step in! heheh

[Akka]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

And it did now, hurray!

Huh? No it didnt , are you looking at 1-year chart?

Yes it did! Quoted Chart doesn't update, though.

Updated: http://blockchain.info/de/charts/market-cap

[hannesnaude]

On a seven day average bitcoin is nearly reaching its highest ever market capitalisation - http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

And it did now, hurray!

Huh? No it didnt , are you looking at 1-year chart?

Yes it did! Quoted Chart doesn't update, though.

Updated: http://blockchain.info/de/charts/market-cap

No, that is indeed a 1-year chart.