I Don't see much in the forum about the multi billion pound chinese firm accepting bitcoin or about e-gifter a walmart .
But the bitcoin markets are definitely shouting about it $177:00 per bitcoin from £110:00 in a week is serious price movement .
I posted couple of ees ago that when we broke $150 that $170 ish would come quickly but I honestly never meant this quickly .I was thinking more in terms of months ,quick not days/a week .
If anyone was thinking of trading in bitcoin ,now I would use the previous $150 ish level to buy and be selling at $170 ish ,kinda start buying in at a sell off Entering at $160 and adding below that level ,then unwinding at $170 ish .
Buy when price is going down ,sell when it is going up.
Unfortunately human nature is to do the exact opposite .
Warren Buffet said something to this effect and I have never forgot it .
i hate these bubble like moves. i cant help but have the feeling that atleast in the short term this price is not for real. lets home im wrong.