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seanneko
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December 04, 2013, 09:23:28 AM |
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Someone keeps putting a 100-200 coin buy order right at the current market price on Gox, and moving the order up as the price rises. Choo choo?
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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kehtolo
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December 04, 2013, 09:29:48 AM |
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I'm not convinced that mBTC is a good idea. Seems like some people just want to fool the market and noobs into thinking that bitcoins are cheaper than they are. One thing about Bitcoin is that it is the first 100% honest money. If it costs $1100 for each coin, then so be it!
I think it's evolution, not just for the noobs. Unless you look at it as commodity, not money. When my friends ask me how much have I paid for something in BTC, answering something like 0.055 sounds geeky, but that doesn't serve a purpose. I think its fine for websites and shops to use mBTC. But the exchanges are a different story. Google shares are $1050, Platinum oz is $1350, Berkshire Hathaway shares are $172k. Let's see Bitcoin pass this sucker: http://finance.yahoo.com/q?d=t&s=BRK-AI agree with this. I think there should at least be a link on bitcoinity to switch back. I personally don't like it so much. I looked at the live ticker and thought holy shit, someone just bought 13,000 bitcoins.. .. no, wait.. ah right. Confusing for my poor hungover noodle this morning. Also, when i looked over and saw a volume spike on Dec 1-2 for 50 Million.. i was also like.. whoah.. that's a lot... no.. wait a min. Would be nice to at least have the option for the old way too. |
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beetcoin
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December 04, 2013, 09:30:56 AM |
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I'm not convinced that mBTC is a good idea. Seems like some people just want to fool the market and noobs into thinking that bitcoins are cheaper than they are. One thing about Bitcoin is that it is the first 100% honest money. If it costs $1100 for each coin, then so be it!
I think it's evolution, not just for the noobs. Unless you look at it as commodity, not money. When my friends ask me how much have I paid for something in BTC, answering something like 0.055 sounds geeky, but that doesn't serve a purpose. I think its fine for websites and shops to use mBTC. But the exchanges are a different story. Google shares are $1050, Platinum oz is $1350, Berkshire Hathaway shares are $172k. Let's see Bitcoin pass this sucker: http://finance.yahoo.com/q?d=t&s=BRK-AI agree with this. I think there should at least be a link on bitcoinity to switch back. I personally don't like it so much. I looked at the live ticker and thought holy shit, someone just bought 13,000 bitcoins.. .. no, wait.. ah right. Confusing for my poor hungover noodle this morning. Also, when i looked over and saw a volume spike on Dec 1-2 for 50 Million.. i was also like.. whoah.. that's a lot... no.. wait a min. Would be nice to at least have the option for the old way too. there is an option. just click on preferences in the top right hand of the page and switch it back to BTC. |
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KieranJones1
Member
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Activity: 126
Merit: 10
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December 04, 2013, 09:35:40 AM |
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Anybody else really, really surprised by the poll results? I mean, I'm very bullish (despite not really being a trader, just someone who has a non-life changing amount of BTC) and I think there's a small chance indeed that Bitcoin won't be superseded by the time the price is $30,000. I'm not saying "sell now" at all - I think there's a long way left for Bitcoin - but $30,000 would be my prediction for, like, 2025, by which time I'm sure that there'll be a more dominant cryptocoin around. But as I said earlier, I'm a novice to this game, so please take my comments as mere speculation, not advice to more serious players  |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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December 04, 2013, 09:43:09 AM |
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Someone keeps putting a 100-200 coin buy order right at the current market price on Gox, and moving the order up as the price rises. Choo choo?
Choo choo or stupid  |
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kehtolo
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December 04, 2013, 09:52:14 AM |
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there is an option. just click on preferences in the top right hand of the page and switch it back to BTC.
Thanks. |
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Parazyd
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December 04, 2013, 09:59:01 AM |
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Someone keeps putting a 100-200 coin buy order right at the current market price on Gox, and moving the order up as the price rises. Choo choo?
Choo choo or stupid Choo choo  |
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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December 04, 2013, 10:40:35 AM |
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Anybody else really, really surprised by the poll results? I mean, I'm very bullish (despite not really being a trader, just someone who has a non-life changing amount of BTC) and I think there's a small chance indeed that Bitcoin won't be superseded by the time the price is $30,000. I'm not saying "sell now" at all - I think there's a long way left for Bitcoin - but $30,000 would be my prediction for, like, 2025, by which time I'm sure that there'll be a more dominant cryptocoin around. But as I said earlier, I'm a novice to this game, so please take my comments as mere speculation, not advice to more serious players IF current network growth/usage is sustained AND the price continues to correlate strongly with network growth, as it has done for >3 years already, then 30,000 is to be expected before end of 2015, maybe towards early-mid 2015 even. |
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Lewis2
Member
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Activity: 70
Merit: 10
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December 04, 2013, 10:42:56 AM |
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Transfer times will become insane though if usage keeps growing at current rate, things have to be streamlined.
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Davyd05
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December 04, 2013, 10:57:25 AM |
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The best thing about the recent stability.. it lets me sleep regular hours.. I woke up to catch the possible beginning of the daily rally , lets go |
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Pompobit
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December 04, 2013, 10:58:18 AM |
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is there a thread that follows the news about the 90k bitcoin stolen from sheep market?
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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December 04, 2013, 11:04:12 AM |
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Transfer times will become insane though if usage keeps growing at current rate, things have to be streamlined.
... those are the considerations encapsulated by the big 'IF' |
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KieranJones1
Member
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Activity: 126
Merit: 10
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December 04, 2013, 11:06:13 AM |
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is there a thread that follows the news about the 90k bitcoin stolen from sheep market?
The subreddit for Sheep follows the news pretty closely. |
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seanneko
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December 04, 2013, 11:24:14 AM |
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Less than $15 behind gold now, and no resistance in the books. This time we're going to fly past it rather than bouncing off like the last two times.
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lucas.sev
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December 04, 2013, 11:40:00 AM |
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It's quiet...
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SnowMonkey_CG
Newbie
Offline
Activity: 38
Merit: 0
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December 04, 2013, 11:45:31 AM |
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Gox just touched 1.2 USD/mBTC...
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lucas.sev
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December 04, 2013, 11:47:24 AM |
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Gox just touched 1.2 USD/mBTC...
no it didn't. Also stop with dumb mBTC. We don't say google costs 1mUSD. EDIT: Now it did. |
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Davyd05
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December 04, 2013, 11:48:25 AM |
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Gox just touched 1.2 USD/mBTC...
lets go, eat that wall 1200 wall |
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gambitv
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December 04, 2013, 11:48:46 AM |
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And we are through... and climbing...choo choo. Plus... is there a thread that follows the news about the 90k bitcoin stolen from sheep market?
The subreddit for Sheep follows the news pretty closely. I think what the bitcoin bandit could do is syphon off couple of hundred coins at a time, and just dump them on some of the latest transactions addresses to appear in bitcoin blockchain. Imagine if you checked your wallet, and found your balance had 200 extra coins. Would you go and find out where they came from and politely return them. Or would you rush to an exchange and cash em out. And of course, he now makes a bunch of strangers targets for the bitcoin mobsters whose money he stole. |
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