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gjgjg
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November 17, 2013, 12:58:48 PM |
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wow, so we hit 500$/3000CHY this morn! got me thinking about the Monday 18th meetings-in the forex trading world i dabble in, this kind of huge steady increase in the days before large announcements/discussions that have a large impact on the affected currencies' value is due to a leak on the info to be announced... maybe were seeing buy ups because the US is about to give it a thumbs up. because its the chinese buying doesnt necessarily indicate much. OR maybe because a lot of the buying is outside of US it indicates the US investors know its going to be bad news and are waiting for the crash... not much help am i  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Arksun
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November 17, 2013, 01:44:00 PM |
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wow, so we hit 500$/3000CHY this morn! got me thinking about the Monday 18th meetings-in the forex trading world i dabble in, this kind of huge steady increase in the days before large announcements/discussions that have a large impact on the affected currencies' value is due to a leak on the info to be announced... maybe were seeing buy ups because the US is about to give it a thumbs up. because its the chinese buying doesnt necessarily indicate much. OR maybe because a lot of the buying is outside of US it indicates the US investors know its going to be bad news and are waiting for the crash... not much help am i As much as I want to believe this and hope this is the case, if you look at the behaviour of other markets prior to big announcements, what you usually see is a pre-emptive swing in one direction, then as the announcement gets made a huge swing in the opposite direction, its basically traders exploiting the opportunity for some quick fast gains in the market. Granted there aren't any actual decisions being made at these hearings, but it'll definitely have a big impact. |
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rampalija
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November 17, 2013, 11:16:44 PM |
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Eventually.
YES, And the 300$/btc will buy a tank of gas in France. at one time a guy paid 10,000 btc for a pizza, the day will come when ya can buy 10,000 pizzas for a btc that guy should kill himself now |
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Inedible
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November 18, 2013, 07:16:26 PM |
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Eventually.
YES, And the 300$/btc will buy a tank of gas in France. at one time a guy paid 10,000 btc for a pizza, the day will come when ya can buy 10,000 pizzas for a btc that guy should kill himself now You do realise that without people like him, your Bitcoin would be worthless today? |
If this post was useful, interesting or entertaining, then you've misunderstood.
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Delethes
Newbie
 Offline
Activity: 2
Merit: 0
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November 18, 2013, 07:46:20 PM |
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The question still remains.. Do you think BTC will hit $300?
It's now something like $580 and rising steep. I know want it to drop so I could buy, but will it ever do that?
As soon as it starts to drop even a bit, people start buying, not selling - so how can it really go down?
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jjtech
Newbie
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Activity: 55
Merit: 0
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November 18, 2013, 07:54:23 PM |
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Another waste of space thread. Those replies look dumb in the hindsight and show how little one can predict. People keep trying to apply classic rules of totalitarian economy to something that is designed to counter it. It will never stick. Nobody knows how bitcoin will behave. Same people who last time when it lost value managed to sell on top and did the same now can clearly see this. Since I got into this I decided to buy it and keep, not speculate on it. What will be the future value of bitcoin is more philosophical question than economical one
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AndrewWilliams
Full Member
Offline
Activity: 182
Merit: 100
Fourth richest fictional character
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November 18, 2013, 07:55:47 PM |
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Another waste of space thread. Those replies look dumb in the hindsight and show how little one can predict. People keep trying to apply classic rules of totalitarian economy to something that is designed to counter it. It will never stick. Nobody knows how bitcoin will behave. Same people who last time when it lost value managed to sell on top and did the same now can clearly see this. Since I got into this I decided to buy it and keep, not speculate on it. What will be the future value of bitcoin is more philosophical question than economical one
Bitcoin cannot be controlled. It can only be speculated upon. |
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soothaa
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November 18, 2013, 07:59:13 PM |
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Well this is a funny title now!
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jetfox
Legendary
Offline
Activity: 1008
Merit: 1000
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November 18, 2013, 08:03:50 PM |
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Well this is a funny title now!
Who knows, maybe tomorrow it will be $ 1,000 |
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wagonrepairer
Newbie
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Activity: 6
Merit: 0
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November 18, 2013, 08:24:44 PM |
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It's late but I did not think they would hit 300.
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renwaldo
Newbie
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Activity: 2
Merit: 0
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November 18, 2013, 09:42:02 PM |
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Btc is heading twoards $600+ already
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zeraTunerse
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November 18, 2013, 09:47:16 PM |
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The question still remains.. Do you think BTC will hit $300?
It's now something like $580 and rising steep. I know want it to drop so I could buy, but will it ever do that?
As soon as it starts to drop even a bit, people start buying, not selling - so how can it really go down?
Ony time will tell if under $300 happens. So far there is huge demand so I dont see the price go under $300 this month |
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raspcoin
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November 18, 2013, 09:57:11 PM |
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Btc is heading twoards $600+ already
You mean $700+? It already passed $600, and will probably stay above $500 for the rest of the year. |
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Onimir
Newbie
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Activity: 3
Merit: 0
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November 18, 2013, 10:13:44 PM |
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I agree, BTC 700+.
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elasticband
Legendary
Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 18, 2013, 10:15:30 PM |
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whats a bitcoin and why would it cost $300.
congrats folks high $750
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toy4lov3rs
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November 18, 2013, 10:19:50 PM |
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whats a bitcoin and why would it cost $300.
congrats folks high $750
MtGox does not count No seriously, $1000 tommorow probably, or this week |
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sausalito
Newbie
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Activity: 3
Merit: 0
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November 18, 2013, 11:01:44 PM |
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the sky is the limit =P
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gjgjg
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November 18, 2013, 11:02:56 PM |
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think you mean 3000, great times
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elasticband
Legendary
Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 18, 2013, 11:08:20 PM |
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whats a bitcoin and why would it cost $300.
congrats folks high $750
MtGox does not count No seriously, $1000 tommorow probably, or this week people in the EU and japan can still use gox, normally i wouldn't count it, but BTC china was at about $850 |
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rampalija
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November 18, 2013, 11:09:54 PM |
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FUNNY topic name now, Like i hope that 1000$ name will be funny
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