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Author Topic: Bitcoin Value - Please read!  (Read 5461 times)
jhfire
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June 20, 2011, 06:08:24 AM
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What is the current bitcoin value now? Are we back at 0.01? Has that fucking over of Mtgox changed the value? When is everything getting back to normal?!
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Alex Beckenham
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June 20, 2011, 06:11:15 AM
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What is the current bitcoin value now? Are we back at 0.01? Has that fucking over of Mtgox changed the value? When is everything getting back to normal?!

Bitcoins are worth $4.80... would you like to sell me a few thousand?

Seriously, bitcoins are worth whatever a buyer/seller agree to trade them for... how much would you sell me yours for?


imperi
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June 20, 2011, 06:12:46 AM
 #3

What is the current bitcoin value now? Are we back at 0.01? Has that fucking over of Mtgox changed the value? When is everything getting back to normal?!

Bitcoins are worth $4.80... would you like to sell me a few thousand?

Seriously, bitcoins are worth whatever a buyer/seller agree to trade them for... how much would you sell me yours for?



I'll buy them from you for $5.50 after.
jhfire
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June 20, 2011, 06:12:55 AM
 #4

What is the current bitcoin value now? Are we back at 0.01? Has that fucking over of Mtgox changed the value? When is everything getting back to normal?!

Bitcoins are worth $4.80... would you like to sell me a few thousand?

Seriously, bitcoins are worth whatever a buyer/seller agree to trade them for... how much would you sell me yours for?



I only got one... I traded my 6 for $200 before mtgox was raped and pillaged.
mjsbuddha
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June 20, 2011, 06:15:05 AM
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close your eyes and pretend yesterday never happened. bitcoins havent changed. they are worth exactly what they were the day before yesterday.
DamienBlack
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June 20, 2011, 06:15:37 AM
 #6

After the sell of mt gox was still functioning for a while. The price was fluctuating pretty wildly, but it was around $12 to $16. At trade hill, the prices were around $14 before they paused.

Once everything gets back online, there might be a panic sell, cause the price to plummet. But since bitcoins are the easiest way to get from mt gox to tradehill, there might be a panic buy as well.

I trade bitcoin options at https://bitoption.org/ ... Join me.
I play poker at https://betco.in/ ... Join me.
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Alex Beckenham
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June 20, 2011, 06:17:58 AM
 #7

What is the current bitcoin value now? Are we back at 0.01? Has that fucking over of Mtgox changed the value? When is everything getting back to normal?!

Bitcoins are worth $4.80... would you like to sell me a few thousand?

Seriously, bitcoins are worth whatever a buyer/seller agree to trade them for... how much would you sell me yours for?



I'll buy them from you for $5.50 after.

You'd have to pry them from my cold dead hands... Anything below $100 each I'm still a buyer not a seller Smiley

flug
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June 20, 2011, 08:32:24 AM
 #8

Once everything gets back online, there might be a panic sell, cause the price to plummet. But since bitcoins are the easiest way to get from mt gox to tradehill, there might be a panic buy as well.

This would be a weird scenario: prices on mt gox plummet to $5 while prices on tradehill soar to $40, but no one trusts mt gox enough to go there and buy. Hmmm
deadlizard
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June 20, 2011, 08:37:49 AM
 #9

Once everything gets back online, there might be a panic sell, cause the price to plummet. But since bitcoins are the easiest way to get from mt gox to tradehill, there might be a panic buy as well.

This would be a weird scenario: prices on mt gox plummet to $5 while prices on tradehill soar to $40, but no one trusts mt gox enough to go there and buy. Hmmm
That kind of arbitrage would be more than worth trusting mtgox for a short time Wink

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
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DamienBlack
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June 20, 2011, 08:39:52 AM
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Once everything gets back online, there might be a panic sell, cause the price to plummet. But since bitcoins are the easiest way to get from mt gox to tradehill, there might be a panic buy as well.

This would be a weird scenario: prices on mt gox plummet to $5 while prices on tradehill soar to $40, but no one trusts mt gox enough to go there and buy. Hmmm
That kind of arbitrage would be more than worth trusting mtgox for a short time Wink

Indeed, I'd buy.

I trade bitcoin options at https://bitoption.org/ ... Join me.
I play poker at https://betco.in/ ... Join me.
Support the bitcoin economy, what do you do?
Tips: 1NfXhiTFEdKQTdLy49s6DYAP1K7MeFWyao
BitVapes
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June 20, 2011, 08:46:35 AM
 #11

Until Tradehill and/or MtGox open up and start trading, I'm having to set my own market price.   I chose $7, so the products on my store are priced according to a $7 BTC/USD exchange rate.   They are probably worth more, but I'm being cautious until I see what the markets have to say

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deadlizard
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June 20, 2011, 08:50:13 AM
 #12

Until Tradehill and/or MtGox open up and start trading, I'm having to set my own market price.   I chose $7, so the products on my store are priced according to a $7 BTC/USD exchange rate.   They are probably worth more, but I'm being cautious until I see what the markets have to say
http://bitcoincharts.com/t/weighted_prices.json

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

Jaagu
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June 20, 2011, 11:52:22 AM
 #13

Bitomat.pl is up and trading. Current bitcoin price is ~ 38 Polish zloty. That is approximately 13-14 USD per bitcoin.  As if nothing had happened  Smiley
Prze_koles
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June 20, 2011, 12:06:45 PM
 #14

Because nothing really bad happened? People will just withdraw their BTC/USD and go to Tradehill or something and everything will be ok  Wink

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