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Le Happy Merchant (OP)
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October 28, 2013, 07:08:05 AM |
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As of October the 27th, the new all time high is $500.  And nobody noticed. |
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MAbtc
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October 28, 2013, 07:32:58 AM |
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Local bitcoins? Can we confirm that trades actually occurred at those levels? I'm not sure how that works, never used it.
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steelboy
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October 28, 2013, 07:38:31 AM |
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Not massively reliable. Theoretically you could make a sell offer at $1000000 per bitcoin then open another account and buy 0.0000001BTC for $1.
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somestranger
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October 29, 2013, 01:33:35 AM |
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This is a worthless figure.
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yuvadm
Newbie
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Activity: 43
Merit: 0
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October 29, 2013, 08:18:37 AM |
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Look at the top bar - it's a trade on localBTC
Of course someone could've traded locally at $500, even if that's a pretty hefty premium.
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TERA
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October 29, 2013, 05:33:44 PM |
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Its meaningless because localbtc is a bartering directory, not an exchange. There are no bids and asks that the price has to go through to reach a certain level. Anyone can trade with anyone else at any price at any time.
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theonewhowaskazu
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October 29, 2013, 05:40:29 PM |
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Seriously, there have been times where I'd pay $0.50 for 0.001 when I realize that last transaction fee put me slightly below what I need in my hot wallet and I don't want to break my paper wallet.
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joesmoe2012
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October 29, 2013, 05:41:36 PM |
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Also could just be people messing around. Nothing prevents me from creating 2 accounts and selling myself .001 BTC for $100 or whatever.
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steelboy
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October 29, 2013, 05:51:28 PM |
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Seriously, there have been times where I'd pay $0.50 for 0.001 when I realize that last transaction fee put me slightly below what I need in my hot wallet and I don't want to break my paper wallet.
Can you explain this please? I didn't know you could break a paper wallet |
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silverbox
Legendary
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Activity: 966
Merit: 1003
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October 29, 2013, 06:10:46 PM |
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Seriously, there have been times where I'd pay $0.50 for 0.001 when I realize that last transaction fee put me slightly below what I need in my hot wallet and I don't want to break my paper wallet.
Can you explain this please? I didn't know you could break a paper wallet Like breaking a 100 dollar bill.. To get into a paperwallet requires you to put the public address and private key into wallet software to make a transaction on the network. Thus the paperwallets security has been comprimsed to use some of the BTC in it. |
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steelboy
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October 29, 2013, 06:12:16 PM |
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Seriously, there have been times where I'd pay $0.50 for 0.001 when I realize that last transaction fee put me slightly below what I need in my hot wallet and I don't want to break my paper wallet.
Can you explain this please? I didn't know you could break a paper wallet Like breaking a 100 dollar bill.. To get into a paperwallet requires you to put the public address and private key into wallet software to make a transaction on the network. Thus the paperwallets security has been comprimsed to use some of the BTC in it. Oh, I get you. I thought you meant actually break it.  |
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