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Author Topic: Another possible reason for the price run-up that we haven't thought of?  (Read 2056 times)
zby
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April 08, 2013, 05:33:32 AM
 #21

What is up with the Coinalab - MtGox deal?
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Elwar
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April 08, 2013, 06:35:54 AM
 #22

Remember it hit $0.001 when mtgox was hacked? It could hit $1,000,000 for 0.000001 bitcoin as well, when we run out of asks. It's just technical temporary liquidity squeeze. Hope no one is putting his life savings on it, it will end in tears.

That reminds me, I should really put 1.0 BTC up for sale on Gox for $100,000 and another 1.0BTC up for sale for $1,000,000.  Then I'll just pray for that liquidity squeeze and an ill-timed, large market order.  Wink   Oh - and no stealing my idea.

I did this way back when it was under $10 and we had a big swing up one day.

Had 100 for sale at 100...unfortunately that one kicked in before I could take it out (I did not have 100 in my account).

I have one for selling 100 at 5000, one at 10,000, and a few others up there.

So sure, drive that price up Smiley

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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April 08, 2013, 06:41:15 AM
 #23

i doubt Amazon workers have millions to pickup cheap coins on the sly.


Maybe not, but Google workers do. Bitcoin being integrated into Google Wallet should lead to what, $500 US prices within a week at least.   Wink
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