1 bitcoin ~= £10

[muyuu]

10 pounds go for 15.95 US$ at current rates. We already got there this morning and soon we could be above it stably.

I hope we can keep this value for some time as I explain people around here about Bitcoin. 

[ingrownpocket]

10 pounds go for 15.95 US$ at current rates. We already got there this morning and soon we could be above it stably.

I hope we can keep this value for some time as I explain people around here about Bitcoin. 

Yeah, it's nice to have a round value. A while ago it was ~10€.
Hope we reach 20€ soon 

[muyuu]

£10.6 

[muyuu]

£10.6 

£10.85 

[muyuu]

£11.6

Woha.

[thoughtfan]

£12.20!!!!!!!!!!!!

[ingrownpocket]

Last price:£10.52600
High:£12.31018
Low:£9.95680

 

[muyuu]

Last price:£10.52600
High:£12.31018
Low:£9.95680

 

£12.4 

[muyuu]

Last price:£10.52600
High:£12.31018
Low:£9.95680

 

£12.4 

£13.4

[muyuu]

1 BTC ~=£100


£100 

[b!z]

1 BTC ~=£100


£100 

This is hilarious

[thoughtfan]

1 BTC ~=£100


£100 

This is hilarious

Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!

Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future.  If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.

[muyuu]

1 BTC ~=£100


£100 

This is hilarious

Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!

Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future.  If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.

Well, 2GBP meant a 20% increase then.

[thoughtfan]

1 BTC ~=£100


£100 

This is hilarious

Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!

Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future.  If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.

Well, 2GBP meant a 20% increase then.

I recognise it was a big shift then - especially given growth was slow but steady around that time.  But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding.  My flabb is ghasted!

[organofcorti]

[....] My flabb is ghasted!

I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.

[deadweasel]

[....] My flabb is ghasted!

I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.

some of us are quite excited for flasted gabbers.

[thoughtfan]

[....] My flabb is ghasted!

I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.

some of us are quite excited for flasted gabbers.

Granted.  Cheers gents

[muyuu]

I recognise it was a big shift then - especially given growth was slow but steady around that time.  But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding.  My flabb is ghasted!

It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.

I sure wish things calmed down a bit because it cannot end well following this curve for too long.

But in the other hand I'm loving it.

[organofcorti]

I recognise it was a big shift then - especially given growth was slow but steady around that time.  But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding.  My flabb is ghasted!

It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.

I sure wish things calmed down a bit because it cannot end well following this curve for too long.

But in the other hand I'm loving it.

This is why it's a good idea to always look at the price with a log y axis - it's like an axis rescale to show percentage changes rather than linear changes. It makes the changes easier to eyeball.

[thoughtfan]

I recognise it was a big shift then - especially given growth was slow but steady around that time.  But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding.  My flabb is ghasted!

It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.

I sure wish things calmed down a bit because it cannot end well following this curve for too long.

But in the other hand I'm loving it.

This is why it's a good idea to always look at the price with a log y axis - it's like an axis rescale to show percentage changes rather than linear changes. It makes the changes easier to eyeball.

Absolutely agreed with you both on looking at percentages/log scale y when it comes to making realistic comparisons and rational judgments.

It was just a harmless expression of astoundedness from seeing in such a tiny time span my holding go up by the value of the whole of my holding when it was at £12 - and it looks like it's happening again as we speak!