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ssmc2
Legendary

Activity: 2002
Merit: 1040
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December 11, 2015, 10:51:13 PM |
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chesthing
Legendary

Activity: 1414
Merit: 1000
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December 11, 2015, 10:53:47 PM |
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7:00am in China right now
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ChartBuddy
Legendary

Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 11, 2015, 11:00:45 PM |
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MinermanNC
Legendary

Activity: 2212
Merit: 1000
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December 11, 2015, 11:04:41 PM |
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Get a million of those little buggers out there in use, and somebody will have a nice chunk of the network hash rate for their pool.... 21
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pleaseexplainagain
Member


Activity: 115
Merit: 10
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December 11, 2015, 11:16:05 PM |
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Its beginning to look a lot like Christmas .... come on 500  A little bit of December of 2013 maybe? yes the willybot has been replaced by the yuan-a-bot and now that it has finally created much FOMO with a touch of MMM for good measure so .the price just like dec 2103 is running itself. 500 or even 1000 is possible as we found out in 2013. party time for others (as I remain staunchly bearish) 
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chesthing
Legendary

Activity: 1414
Merit: 1000
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December 11, 2015, 11:17:43 PM |
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I'm calling $500+ weekend. I sure hope it doesn't end in a crash, I don't have any meds to take -alcohol will have to do.
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brg444
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December 11, 2015, 11:18:20 PM |
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That volume though...
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readysalted89
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December 11, 2015, 11:25:53 PM |
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Its beginning to look a lot like Christmas .... come on 500  A little bit of December of 2013 maybe? yes the willybot has been replaced by the yuan-a-bot and now that it has finally created much FOMO with a touch of MMM for good measure so .the price just like dec 2103 is running itself. 500 or even 1000 is possible as we found out in 2013. party time for others (as I remain staunchly bearish)  It went over 3000 CNY on Huobi, then back down again. Now it's retesting that 3000 CNY target. If it can get above it, and stay above it things will continue to be bullish. That 3000 is a giant psychological barrier for the Chinese early in the morning.
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peonminer
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December 11, 2015, 11:29:21 PM |
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Wiping the the floor with shorters like 
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chesthing
Legendary

Activity: 1414
Merit: 1000
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December 11, 2015, 11:31:05 PM |
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Wiping the the floor with shorters like  For sure - shorters getting slaughtered.
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chesthing
Legendary

Activity: 1414
Merit: 1000
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December 11, 2015, 11:34:35 PM |
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Huobi moving fast 2992 already I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
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MinermanNC
Legendary

Activity: 2212
Merit: 1000
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December 11, 2015, 11:39:13 PM |
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Huobi moving fast 2992 already I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
Yep, and even a few coins is better than no coins right now 
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JimboToronto
Legendary

Activity: 4704
Merit: 6169
You're never too old to think young.
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December 11, 2015, 11:40:45 PM |
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I don't get what drives the price.
Demand?
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MinermanNC
Legendary

Activity: 2212
Merit: 1000
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December 11, 2015, 11:41:32 PM |
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I don't get what drives the price.
That's always a bit of a mystery.... and likewise what drives the price down. Its as clear as muddy water lol Edit: of course as in anything demand sets the price, but what drives that demand like, as in now? 
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gentlemand
Legendary

Activity: 2604
Merit: 3090
Welt Am Draht
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December 11, 2015, 11:42:27 PM |
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Huobi moving fast 2992 already I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
Everyone's a financial god in retrospect. If I'd had the spare money I would've bought more in the 200s but my limit was reached. This is a fine way to round off what's been a pretty indifferent year for the value overall. Let's hope both newcomers and those who hung in there have a juicy 2016.
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TERA
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December 11, 2015, 11:46:32 PM |
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I don't get what drives the price.
Short term prices are driven by speculation and traders. Mid term prices are driven by the rise and fall of exchanges and fresh fiat injections. Long term prices are driven by adoption
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marcus_of_augustus
Legendary

Activity: 3920
Merit: 2350
Eadem mutata resurgo
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December 11, 2015, 11:46:51 PM |
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I don't get what drives the price.
... free energy mostly and maybe a little negative entropy gradient from the increased information flux due to Bitcoin.
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marcus_of_augustus
Legendary

Activity: 3920
Merit: 2350
Eadem mutata resurgo
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December 11, 2015, 11:48:16 PM |
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We are up 8.6% in the last 24 hours. I'm opening a short position. This thing is gonna dip. I will buy back in at 435, or maybe 420.
or you'll close your short at 475 and buy back in 485.
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