Bitcoin Forum
May 06, 2024, 02:10:05 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: $15.00 again  (Read 2402 times)
Gyrsur (OP)
Legendary
*
Offline Offline

Activity: 2856
Merit: 1518


Bitcoin Legal Tender Countries: 2 of 206


View Profile WWW
January 17, 2013, 02:50:11 PM
 #1

We reached $14.99 again today on MtGox.

 Shocked Shocked Shocked

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
January 17, 2013, 02:55:31 PM
 #2

Party over in the Wall thread! Cheesy

But seriously, I think people who will buy will buy. What we should do is discourage people from dumping/shorting/whatever. They're just gonna end up real sad.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
Gyrsur (OP)
Legendary
*
Offline Offline

Activity: 2856
Merit: 1518


Bitcoin Legal Tender Countries: 2 of 206


View Profile WWW
January 17, 2013, 02:58:23 PM
 #3

What we should do is discourage people from dumping/shorting/whatever. They're just gonna end up real sad.

correct!

Luno
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250


View Profile
January 17, 2013, 03:05:23 PM
 #4

What we should do is discourage people from dumping/shorting/whatever. They're just gonna end up real sad.

We tried that in June of 2011. It didn't work out so well. The people dumping weren't the sad ones, they got to buy back in at $2.50.

If people want to sell, let them! Some resistance would be healthy.

Now that I've said that, I, personally, won't be selling any.  Cheesy
+1
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
January 17, 2013, 03:08:17 PM
 #5

We tried that in June of 2011. It didn't work out so well. The people dumping weren't the sad ones, they got to buy back in at $2.50.

If people want to sell, let them! Some resistance would be healthy.

Now that I've said that, I, personally, won't be selling any.  Cheesy

I find the circumstances between now and 2011 or 2012 totally different.  But yes, in reality some resistance is a good thing.

I will be standing by my motto of "Never sell. Buy or spend" regardless of what happens.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1002


View Profile
January 17, 2013, 03:18:54 PM
 #6

We tried that in June of 2011. It didn't work out so well. The people dumping weren't the sad ones, they got to buy back in at $2.50.

If people want to sell, let them! Some resistance would be healthy.

Now that I've said that, I, personally, won't be selling any.  Cheesy

I find the circumstances between now and 2011 or 2012 totally different.  But yes, in reality some resistance is a good thing.

I will be standing by my motto of "Never sell. Buy or spend" regardless of what happens.

I'm more of a "Only sell locally for cash, rebuy immediately on exchange, buy regularly with a small portion of each paycheck, spend when it is easier than fiat" kind of guy myself.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Fuzzy
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
January 17, 2013, 03:53:24 PM
 #7

1/2 of all bitcoins are currently mined and in the system.

And I bet a large fraction of those are permanently lost, either from when BTC was new and worthless and miners didn't bother backing up their wallets, or forgot their passwords etc.
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1002


View Profile
January 17, 2013, 03:55:14 PM
 #8

1/2 of all bitcoins are currently mined and in the system.

And I bet a large fraction of those are permanently lost, either from when BTC was new and worthless and miners didn't bother backing up their wallets, or forgot their passwords etc.

I mined a few bitcents to the ether just the other day.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
AmDD
Legendary
*
Offline Offline

Activity: 1027
Merit: 1005



View Profile
January 17, 2013, 04:30:47 PM
 #9

We reached $14.99 again today on MtGox.

 Shocked Shocked Shocked

Just reached $15 even.

BTC tip jar: 18EKpbrcXxbpzAZv3T58ccGcVis7W7JR9w
LTC tip jar: Lgp8ERykAgx6Q8NdMqpi5vnVoUMD2hYn2a
Gyrsur (OP)
Legendary
*
Offline Offline

Activity: 2856
Merit: 1518


Bitcoin Legal Tender Countries: 2 of 206


View Profile WWW
January 17, 2013, 04:34:54 PM
 #10

We reached $14.99 again today on MtGox.

 Shocked Shocked Shocked

Just reached $15 even.

wow, strong buy!

jl2012
Legendary
*
Offline Offline

Activity: 1792
Merit: 1093


View Profile
January 17, 2013, 04:37:38 PM
 #11

The $15 wall is torn down in one shot

Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
Bowjob
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
January 17, 2013, 04:49:58 PM
 #12

To add to this rally glory, S.Dice shares are booming. Smiley I wish I hadn't sold soo many shares a few days ago. It's reaching 0.006/share.

It seemed like a good idea at the time.
epbaha
Member
**
Offline Offline

Activity: 82
Merit: 10


View Profile
January 17, 2013, 04:52:21 PM
 #13

The $15 wall is torn down in one shot

The large orders to come will be large sells because no one wants to buy into an ask wall that isn't there.

deadweasel
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
January 17, 2013, 05:15:01 PM
 #14

To add to this rally glory, S.Dice shares are booming. Smiley I wish I hadn't sold soo many shares a few days ago. It's reaching 0.006/share.

I'm fear buying shares of anything but I do want to get in on SDICE.  Is there a safe way to go about getting shares yet?

deadweasel
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
January 17, 2013, 05:37:25 PM
 #15

https://bitfunder.com/asset/G.SDICE & https://bitcointalk.org/index.php?topic=102181.0

 or you can also get in thru btct.co coinbr or havelockinvestments if you do not wish to personally deal with MPEX

Have any of these guys been vetted?  Is their architecture protected from what happened to GLBSE?

Would I make more just speculating?

gimme_bottles
Sr. Member
****
Offline Offline

Activity: 316
Merit: 250



View Profile
January 17, 2013, 05:40:21 PM
 #16

https://bitfunder.com/asset/G.SDICE & https://bitcointalk.org/index.php?topic=102181.0

 or you can also get in thru btct.co coinbr or havelockinvestments if you do not wish to personally deal with MPEX

Have any of these guys been vetted?  Is their architecture protected from what happened to GLBSE?

Would I make more just speculating?


btct.co seems to be well better prepared to a closedown than GLBSE was. they mail lists of shareholders to the issuers twice a day, so at least the issuer knows who owns how many shares.
deadweasel
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
January 17, 2013, 05:48:14 PM
 #17

I'll start there with my research then.  Thank you!   Smiley

phelix
Legendary
*
Offline Offline

Activity: 1708
Merit: 1019



View Profile
January 17, 2013, 05:49:09 PM
 #18

We reached $14.99 again today on MtGox.

 Shocked Shocked Shocked

any particular reason?
gimme_bottles
Sr. Member
****
Offline Offline

Activity: 316
Merit: 250



View Profile
January 17, 2013, 06:08:57 PM
 #19

btct.co seems to be well better prepared to a closedown than GLBSE was. they mail lists of shareholders to the issuers twice a day, so at least the issuer knows who owns how many shares.

The way BitFunder deals with the problem by using a public asset list is preferable.

my opinion:
if you feel safer with a public asset list it means you don't fully trust the issuer, in which case you should not give him your money.
Kempelen
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
January 18, 2013, 12:32:31 AM
 #20

I am worried about the price rising too quickly. Don't want to see a repeat of 2011. Prefer slow, steady growth.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!