Bitcoin will hit $50 this month.

[RodeoX]

Is someone making big buys in Europe? It seems like these spikes are happening overnight for us in the U.S.

[Morblias]

Anyone else out there thinking what I'm thinking? This kind of buying activity and accumulation in the last week didn't just come out of nowhere. I'm thinking it's insider information. Big players are starting to collect in anticipation of big news? I'm betting that if I'm right, it has something to do with the Gox-Coinbase thing

We are hitting 50 too quickly. It's already broken the exponential growth trend observed the past few months

I'm thinking this had something to do with it:

https://twitter.com/KimDotcom/status/308615839974817793

https://twitter.com/KimDotcom/status/308617409311432706

[blackreplica]

Morblias, you could be right there.

I live in timezone GMT + 8. During daylight hours over here is when i observe the greatest increase in price (considering past few days). When i woke up it was almost $45 and now before I sleep its already close to $50. All this demand could be coming from China which is smack in my time zone. Only question is how come now, and all at once? Was there some huge Chinese news on the bitcoin runup recently?

[RodeoX]

Morblias, you could be right there.

I live in timezone GMT + 8. During daylight hours over here is when i observe the greatest increase in price (considering past few days). When i woke up it was almost $45 and now before I sleep its already close to $50. All this demand could be coming from China which is smack in my time zone. Only question is how come now, and all at once? Was there some huge Chinese news on the bitcoin runup recently?

If it is coming from China, that could be interesting. There are many intriguing possible actors. 

[onealfa]

Good god, somebody please hack somebody, scam some coins, something - this is insane. Slow this train DOWN!

hmmm... WHY do you say this

$49.099 a while ago....  Hello FIFTIES !!!

[lebing]

Morblias, you could be right there.

I live in timezone GMT + 8. During daylight hours over here is when i observe the greatest increase in price (considering past few days). When i woke up it was almost $45 and now before I sleep its already close to $50. All this demand could be coming from China which is smack in my time zone. Only question is how come now, and all at once? Was there some huge Chinese news on the bitcoin runup recently?

If it is coming from China, that could be interesting. There are many intriguing possible actors. 

Yep.

https://bitcointalk.org/index.php?topic=146768.msg1589309#msg1589309

[julius]

Will reaching 50$ have some kind of special impact in speculators decisions? In other words, are the chances of a bubble bursting when we break a round number (such as 50, or 100) higher than reaching any other price?

[Bitcopia]

Will reaching 50$ have some kind of special impact in speculators decisions? In other words, are the chances of a bubble bursting when we break a round number (such as 50, or 100) higher than reaching any other price?

$50 is a large psychological barrier. Lots of people are willing to take profits here. Just look at the depth chart.

[molecular]

Is someone making big buys in Europe? It seems like these spikes are happening overnight for us in the U.S.

No, Asia.

When I get up in Europe, usually a big increase has happened over night. It continues (albeit slower) during the Euro-day and when the US people wake up you don't know what'll happen

[molecular]

Will reaching 50$ have some kind of special impact in speculators decisions? In other words, are the chances of a bubble bursting when we break a round number (such as 50, or 100) higher than reaching any other price?

$50 is a large psychological barrier. Lots of people are willing to take profits here. Just look at the depth chart.

True, but once a psychological barrier is broken, buying usually intensifies (because of the holdback). Sorta like when making love... well, that's a different story.

[Herodes]

Is someone making big buys in Europe? It seems like these spikes are happening overnight for us in the U.S.

No, Asia.

When I get up in Europe, usually a big increase has happened over night. It continues (albeit slower) during the Euro-day and when the US people wake up you don't know what'll happen

I would think many of the increases happens when americans are having their evening?

[samson]

I would think many of the increases happens when americans are having their evening?

Yes, I noticed this too.

I've often noticed big differences happen late in the afternoon through to about midnight US Pacific time.

This is midnight until 8am UK time.

[Tomatocage]

If you told anyone a few months ago that Bitcoin will be $40, they'd be surprised. Bitcoin will easily hit $50 this month at the very least.

I hope you're right. Is love to pick up some cheap coins!

[Coincrazy]

If you told anyone a few months ago that Bitcoin will be $40, they'd be surprised. Bitcoin will easily hit $50 this month at the very least.

it did today - april 11 - 2013

[piramida]

necrodig from when $50 seemed like "wow such high".

[samson]

necrodig from when $50 seemed like "wow such high".

Again I find myself looking forward to $50 Bitcoins...

[YipYip]

necrodig from when $50 seemed like "wow such high".

Again I find myself looking forward to $50 Bitcoins...

...lolz go hungry bearboy

[samson]

necrodig from when $50 seemed like "wow such high".

Again I find myself looking forward to $50 Bitcoins...

...lolz go hungry bearboy

lol, never say never !

[ElectricMucus]

Anyone else out there thinking what I'm thinking? This kind of buying activity and accumulation in the last week didn't just come out of nowhere. I'm thinking it's insider information. Big players are starting to collect in anticipation of big news? I'm betting that if I'm right, it has something to do with the Gox-Coinbase thing

We are hitting 50 too quickly. It's already broken the exponential growth trend observed the past few months

I'm thinking this had something to do with it:

https://twitter.com/KimDotcom/status/308615839974817793

https://twitter.com/KimDotcom/status/308617409311432706

loling at this

[piramida]

loling at this

The broken embedded gox chart is funny yeah