Bitcoin Forum
March 29, 2024, 05:26:11 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: 1 bitcoin ~= £10  (Read 2662 times)
muyuu (OP)
Donator
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
April 08, 2013, 08:19:00 AM
 #21

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.

Yep. Right now even on a log scale, it curves up (exp of an exp). A bit scary to be honest.

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
muyuu (OP)
Donator
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
April 08, 2013, 03:44:54 PM
 #22

A half gold sovereign is worth £130 right now. We're getting there (£127).

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
muyuu (OP)
Donator
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
April 09, 2013, 11:16:46 AM
 #23

A half gold sovereign is worth £130 right now. We're getting there (£127).

Yahoo. 1 BTC > 1 half gold sovereign


GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1007


Poor impulse control.


View Profile WWW
April 09, 2013, 01:00:39 PM
 #24

A half gold sovereign is worth £130 right now. We're getting there (£127).

Yahoo. 1 BTC > 1 half gold sovereign



Yes, but you can't make a ring out of a bitcoin and smash someone's face with it, can you? I'll stick with sovs, thanks.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
muyuu (OP)
Donator
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
April 09, 2013, 01:20:27 PM
 #25

https://www.casascius.com/  Grin

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1007


Poor impulse control.


View Profile WWW
April 09, 2013, 01:21:51 PM
 #26


:groan: Smiley

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
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!