Bitcoin nearly reaching its highest ever market capitalisation

[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

No, that is indeed a 1-year chart.

Damn it. Note to myself. Only Post after my first coffee.

In that case:

Nothing to see here , false alarm. Move on.

[muyuu]

Short term the capitalisation record would be broken at about 18 US$/BTC.

Watching out for this figure.

[420]

Short term the capitalisation record would be broken at about 18 US$/BTC.

Watching out for this figure.

if it happened right now?

wait till asic's hit and we get weeks of fast blocks mined

[Richy_T]

wait till asic's hit and we get weeks of fast blocks mined

But I thought we were capped at 21 million bitcoins?

[jl2012]

wait till asic's hit and we get weeks of fast blocks mined

But I thought we were capped at 21 million bitcoins?

Yes but the rate of generation will be increased temporarily because the difficulty is not adjusted in real time

[Richy_T]

wait till asic's hit and we get weeks of fast blocks mined

But I thought we were capped at 21 million bitcoins?

Yes but the rate of generation will be increased temporarily because the difficulty is not adjusted in real time

I was being a bit facetious in suggesting that we'll have all the bitcoins mined by the time the ASICs get here

[jl2012]

http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=13&show_header=true&scale=0&address=

We have reached an all-time-high market cap at 13-day average

[420]

http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=13&show_header=true&scale=0&address=

We have reached an all-time-high market cap at 13-day average

well bucko we're waiting for this one:

http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

[Raize]

ASICs notwithstanding, if my calculations are correct, when Bitcoin passes $18/coin...
http://www.youtube.com/watch?v=2Byz7eU8jF0

[420]

ASICs notwithstanding, if my calculations are correct, when Bitcoin passes $18/coin...
http://www.youtube.com/watch?v=2Byz7eU8jF0

so if ASIC delay another 2 weeks we'll see $18?

[Kupsi]

ASICs notwithstanding, if my calculations are correct, when Bitcoin passes $18/coin...
http://www.youtube.com/watch?v=2Byz7eU8jF0

so if ASIC delay another 2 weeks we'll see $18?

We'll see $18 regardless of ASIC 

[420]

ASICs notwithstanding, if my calculations are correct, when Bitcoin passes $18/coin...
http://www.youtube.com/watch?v=2Byz7eU8jF0

so if ASIC delay another 2 weeks we'll see $18?

We'll see $18 regardless of ASIC 

well I meant in that 2 week timespan

if ASIC come I think $18 is a month or two or 3 away

[Kupsi]

ASICs notwithstanding, if my calculations are correct, when Bitcoin passes $18/coin...
http://www.youtube.com/watch?v=2Byz7eU8jF0

so if ASIC delay another 2 weeks we'll see $18?

We'll see $18 regardless of ASIC 

well I meant in that 2 week timespan

if ASIC come I think $18 is a month or two or 3 away

Why would they sell before this rally is over?

[oakpacific]

Being there, done that.

[notme]

ASICs notwithstanding, if my calculations are correct, when Bitcoin passes $18/coin...
http://www.youtube.com/watch?v=2Byz7eU8jF0

so if ASIC delay another 2 weeks we'll see $18?

We'll see $18 regardless of ASIC 

well I meant in that 2 week timespan

if ASIC come I think $18 is a month or two or 3 away

I see $18.30. 

[notme]

Also, we're getting close:
http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

[420]

here we go boys. $200 Million
http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

and trading $1 Million a day

[Bitcopia]

Also, we're getting close:
http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

This market capitalization looks quite a bit healthier than the last!! This gives me a good feeling.

[cbeast]

market cap is bigger than when price was 33

[420]

market cap is bigger than when price was 33

oh noes...charts back down