adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 17, 2013, 09:10:08 PM |
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why this rally?
maybe a better question, why is demand growing?
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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.
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Kupsi
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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January 17, 2013, 09:22:00 PM |
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Because Bitcoin is awesome!
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RodeoX
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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January 17, 2013, 09:27:38 PM |
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I'm not exactly sure why. But there is growth on all fronts. Look at how many people are on this forum at the moment. The cat is out of the bag!
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Nachtwind
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January 17, 2013, 09:29:56 PM |
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Strange that noone mentioned it yet... but...  |
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phatsphere
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January 17, 2013, 09:37:13 PM |
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renewed trust in our god  |
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Bowjob
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January 17, 2013, 09:39:03 PM |
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You'd do well to buy shares of Satoshi dice. Think of it as an investment of an investment. Bitcoins grew in value, and Satoshi dice did too. From 0.0048 - 0.006 now. That's a nice increase.
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It seemed like a good idea at the time.
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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January 17, 2013, 09:39:26 PM |
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mega+refunds
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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January 17, 2013, 09:45:24 PM |
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there has been upward pressure for awhile Adam, just look at the dumps that were tried and failed last month. Once those got burned out, its only natural that the upward pressure continued. The original reason for the pressure was wordpress + bitpay numbers.
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Bro, do you even blockchain?
-E Voorhees
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cypherdoc
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Activity: 1764
Merit: 1002
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January 17, 2013, 09:47:36 PM |
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there has been upward pressure for awhile Adam, just look at the dumps that were tried and failed last month. Once those got burned out, its only natural that the upward pressure continued. The original reason for the pressure was wordpress + bitpay numbers.
yes, there were alot of dumps. adam, did you let lucif influence you? |
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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January 17, 2013, 10:18:13 PM |
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You'd do well to buy shares of Satoshi dice. Think of it as an investment of an investment. Bitcoins grew in value, and Satoshi dice did too. From 0.0048 - 0.006 now. That's a nice increase.
I wish I could trust MPEX.... |
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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January 17, 2013, 10:23:00 PM
Last edit: January 17, 2013, 11:04:03 PM by marcus_of_augustus |
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Just look at the long term chart, it is a classic breakout rally after breaching first leg up high from back in late Aug. 2012. No other explanation needed.
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myself
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 17, 2013, 10:46:29 PM |
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why not ?
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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January 17, 2013, 10:48:34 PM |
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why not ?
circular reasoning. Never argue with a fundamentalist technical analyst. |
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gimme_bottles
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January 17, 2013, 10:50:34 PM |
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 if this offends anyone, i'll remove it asap |
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Fuzzy
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January 17, 2013, 11:21:52 PM |
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srsly fuk u guyz So offended right now  |
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Third Way
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January 17, 2013, 11:47:43 PM |
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if this offends anyone, i'll remove it asap This is worse than the holocaust, remove this immediately or I will call the JIDF. |
blease resbond -> 1BYJKxpntNn6TZbM5M5CWkEb8vr8vDcBrr
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SlaveInDebt
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January 17, 2013, 11:55:24 PM |
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if this offends anyone, i'll remove it asap  |
"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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gimme_bottles
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January 18, 2013, 12:20:29 AM |
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IMAGE
if this offends anyone, i'll remove it asap
This is worse than the holocaust, remove this immediately or I will call the JIDF. after checking their site, i really don't want to deal with those people  |
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StarenseN
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Activity: 2478
Merit: 1362
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January 18, 2013, 02:29:44 PM |
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You'd do well to buy shares of Satoshi dice. Think of it as an investment of an investment. Bitcoins grew in value, and Satoshi dice did too. From 0.0048 - 0.006 now. That's a nice increase.
Indeed. 80% ROI in less 2 weeks but what's the next step  |
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2weiX
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Activity: 2058
Merit: 1005
this space intentionally left blank
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January 18, 2013, 02:32:03 PM |
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mega+refunds
ding ding ding |
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