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Question: When will Bitcoin reach dollar parity?  (when will 1 USD = 1 BTC)  (Voting closed: January 15, 2011, 10:17:16 AM)
Before March 30, 2011 - 6 (9.1%)
Before July 31, 2011 - 13 (19.7%)
Before December 31, 2011 - 27 (40.9%)
After January 1, 2012 - 18 (27.3%)
Never - 2 (3%)
Total Voters: 65

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Author Topic: Bitcoin parity.  (Read 9134 times)
fabianhjr
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February 01, 2011, 08:52:45 PM
 #61

I'm (only half-jokingly) claiming that I caused the bitcoin rally:

http://bitcointalk.org/index.php?topic=2555.80

After my post yesterday, the price jumped hard to 0.95, then dropped. Since then, it has been headed up rapidly.

It sucks though because I wasn't done buying my bitcoins!

If the rally made you happy (and you agree that I might have caused it), you can always thank me with a tip: 19hMEAaRMbEhfSkeU4GT8mgSuyR4t4M6TH

Uhm, not really, this are normal market forces and if you want to buy you still can, though I recommend to sell.(Call me bearish)

Maybe this could indicate a bigger adoption and somone who doesn't know to much about the market just buying it for buying it. There was a big volumn when it started and now there is almost nothing. So it went to 0.9 and now it is under 0.8, in my opinion it is worth 0.6 at the current difficulty.

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February 02, 2011, 12:26:32 AM
 #62

Maybe this could indicate a bigger adoption and somone who doesn't know to much about the market just buying it for buying it.

Five million dollars means absolutely NOTHING to a central bank.

If I were the head of Chinese or Russia central bank, I'd order my operations buy up 90% of all available bitcoins, regardless of the price. A very very cheap insurance policy.
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February 02, 2011, 01:34:22 PM
 #63

I only assumed it was a rich kid not an organization. Tongue

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