adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 09:16:46 PM |
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massive bid walls on virtex, i'm glad i bought back in  |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Sitarow
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Activity: 1792
Merit: 1047
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November 07, 2013, 09:19:44 PM |
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miningnew
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November 07, 2013, 09:25:20 PM |
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massive bid walls on virtex, i'm glad i bought back in When did you sell? |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 09:26:16 PM |
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massive bid walls on virtex, i'm glad i bought back in When did you sell? i sold a bunch during the run up, playing with triggers. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 09:28:23 PM |
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rpietila
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Activity: 1722
Merit: 1036
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November 07, 2013, 09:31:24 PM |
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Bitcoin value doubled in 3 months
19 times in a row
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molecular
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Activity: 2772
Merit: 1019
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November 07, 2013, 09:33:23 PM |
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My old man (72 years old) just sold 100 BTC at $110.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
My old man is at it again. Sold 100BTC at AUD$205 This time I'm getting half of a 5KW Solar Panel setup. Total Sold: 200BTC for $31,000. Just short of 300% realized profit on investment. Remaining Balance: 799.5 BTC He said he is getting old and plans to sell 100BTC at each "hundred" mark. e.g $300, $400 etc... He's expecting to have less than 500BTC by June 2014. The old man has been awed by this latest rally and almost considered waiting for higher prices. "I feel it will go higher but the plan is in place. Discipline son. Discipline." He has moved another 100BTC onto an exchange.... kudos to your dad for sticking to the plan. It's not easy. |
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molecular
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Activity: 2772
Merit: 1019
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November 07, 2013, 09:34:10 PM |
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Would someone define ATH?
select max(price) from trades; |
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chriswilmer
Legendary
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Activity: 1008
Merit: 1000
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November 07, 2013, 09:34:15 PM |
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Bitcoin value doubled in 3 months
19 times in a row
This is like Moore's law but for Bitcoin. Maybe we should call it Rpietila's Law |
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Le Happy Merchant
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November 07, 2013, 09:37:05 PM |
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Bitcoin value doubled in 3 months
19 times in a row
This is like Moore's law but for Bitcoin. Maybe we should call it Rpietila's Law I can get behind this. |
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wachtwoord
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Activity: 2324
Merit: 1125
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November 07, 2013, 09:37:55 PM |
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a real bubble would be one where the price goes beyond the expect value of bitcoin if bitcoin was 3% of the world  Yeah, quite certainly there will be a bubble in bitcoin, and then we are talking about a serious bubble where million satoshis is called a millionaire and similar crazy stuff. Remember, long term, not much above $300k is realistic  It can be as Bitcoin is better and can do more than gold. A premium would be appropriate. |
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 07, 2013, 09:38:56 PM |
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Would someone define ATH?
select max(price) from trades; Gotta love a place where someone can answer in SQL and no one bats an eye. |
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chriswilmer
Legendary
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Activity: 1008
Merit: 1000
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November 07, 2013, 09:39:34 PM |
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[Interview with financial engineers in 2024, one bitcoin is $3 billion USD]
"Yes, many people have been predicting the end of Rpietila's Law, but year after year financial engineers and entrepreneurs have found innovative new uses for Bitcoin. When Bitcoin crossed the $10 million dollar mark, many said 'this is the end, the Bitcoin market cap cannot exceed the sum of all wealth on Earth,' but this proved to be just as short-sighted as those who thought a bitcoin could never be worth $100. By enabling new micro-transactions, and now even nano-transactions (and possibly even pico-transactions further down the road), we have dramatically increased the total wealth of all people on Earth just so that Bitcoin could accommodate it."
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BRADLEYPLOOF
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November 07, 2013, 09:41:39 PM |
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[Interview with financial engineers in 2024, one bitcoin is $3 billion USD]
"Yes, many people have been predicting the end of Rpietila's Law, but year after year financial engineers and entrepreneurs have found innovative new uses for Bitcoin. When Bitcoin crossed the $10 million dollar mark, many said 'this is the end, the Bitcoin market cap cannot exceed the sum of all wealth on Earth,' but this proved to be just as short-sighted as those who thought a bitcoin could never be worth $100. By enabling new micro-transactions, and now even nano-transactions (and possibly even pico-transactions further down the road), we have dramatically increased the total wealth of all people on Earth just so that Bitcoin could accommodate it."
I'm going to start a thread and mention this, and Rpeitila's Law will become standarized!!! |
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psjw4450
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November 07, 2013, 09:43:27 PM |
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Bitcoin value doubled in 3 months
19 times in a row
damn but what about that $32 to $2 thing? that was more than 3 months. that was some sad times... Sad for who, probably the best time ever to gobble up some cheap coins. |
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BRADLEYPLOOF
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November 07, 2013, 09:45:00 PM |
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[Interview with financial engineers in 2024, one bitcoin is $3 billion USD]
"Yes, many people have been predicting the end of Rpietila's Law, but year after year financial engineers and entrepreneurs have found innovative new uses for Bitcoin. When Bitcoin crossed the $10 million dollar mark, many said 'this is the end, the Bitcoin market cap cannot exceed the sum of all wealth on Earth,' but this proved to be just as short-sighted as those who thought a bitcoin could never be worth $100. By enabling new micro-transactions, and now even nano-transactions (and possibly even pico-transactions further down the road), we have dramatically increased the total wealth of all people on Earth just so that Bitcoin could accommodate it."
https://bitcointalk.org/index.php?topic=327369.new#new |
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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November 07, 2013, 09:45:21 PM |
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Bitcoin is the first engineered sound money.
I like this description of Bitcoin so much, that I decided to drop this in here. I think it's quite accurate. |
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Richy_T
Legendary
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Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 07, 2013, 09:45:41 PM |
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I'll just put this here for later...  |
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BlueTemplar
Full Member
Offline
Activity: 164
Merit: 100
Gone for a minute now back again
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November 07, 2013, 09:46:54 PM |
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Bitcoin value doubled in 3 months
19 times in a row
damn but what about that $32 to $2 thing? that was more than 3 months. that was some sad times... Sad for who, probably the best time ever to gobble up some cheap coins. For those that have never seen a bubble before and bought at the top thinking it would keep doubling once a week... |
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miningnew
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November 07, 2013, 09:47:23 PM |
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Bitcoin is the first engineered sound money.
I like this description of Bitcoin so much, that I decided to drop this in here. I think it's quite accurate. I dont get it. |
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