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Author Topic: It's official, BTC is $500 on MtGox exactly at 5:47 AM CST  (Read 1901 times)
Simran (OP)
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November 17, 2013, 11:54:46 AM
Last edit: November 18, 2013, 12:22:18 AM by Simran
 #1

http://thecryptoblog.com/its-official-btc-is-500-on-mtgox-exactly-at-247-am-cst/

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bitnpieces
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November 17, 2013, 12:07:00 PM
 #2

To the moon Alice!!
AnonyMint
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November 17, 2013, 12:12:15 PM
 #3

Lucky me, I was too busy farting around to sell my 0.2 BTC yesterday.  Cry

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LiteCoinGuy
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November 17, 2013, 01:26:54 PM
 #4

a little milestone for BTC  Smiley

MilesJohan
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November 17, 2013, 01:46:26 PM
 #5

Wow nice, now LTC is going to go up too...

MileyJohanson
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November 17, 2013, 04:17:43 PM
 #6

Good work BTC!

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bythesea
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November 17, 2013, 04:40:31 PM
 #7

Just don't be to hyped about it, as any bubble it will burst in time.
eindbaas
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umad?


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November 17, 2013, 04:46:54 PM
 #8

Bitcoins are like partyhats on runescape. They go so much higher the anyone think. Wink
lepirate
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November 17, 2013, 04:52:20 PM
 #9

Just don't be to hyped about it, as any bubble it will burst in time.
Party pooper!  Sad
bythesea
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November 17, 2013, 05:03:35 PM
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Just don't be to hyped about it, as any bubble it will burst in time.
Party pooper!  Sad

No, not really Smiley I'm just realistic, we all know that at least 90% of all bitcoins trades are done solely for "shady" businesses, what will happen if Bitcoin reaches, some magic number of 10.000$ ( that most people here hope it will ). I'm atm holding some 60BTC that I keep just to trade ( buy low, sell high ), that is the amount i am willing to risk. What do you thing will happen when price goes to even few K? Everyone will start to cashout, If you are not lucky enough to be in the top few % who will sell for that you will lose. And keep in mind that someone has to be willing to pay that amount for 1 BTC Smiley
lepirate
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November 18, 2013, 07:25:30 AM
 #11

600$ on gox!  Grin


Just don't be to hyped about it, as any bubble it will burst in time.
Party pooper!  Sad

No, not really Smiley I'm just realistic, we all know that at least 90% of all bitcoins trades are done solely for "shady" businesses, what will happen if Bitcoin reaches, some magic number of 10.000$ ( that most people here hope it will ). I'm atm holding some 60BTC that I keep just to trade ( buy low, sell high ), that is the amount i am willing to risk. What do you thing will happen when price goes to even few K? Everyone will start to cashout, If you are not lucky enough to be in the top few % who will sell for that you will lose. And keep in mind that someone has to be willing to pay that amount for 1 BTC Smiley
It could be that way, so I hope at the time when 1 bitcoin goes for 10.000$ there will be a bitcoin economy big enough to handle a cash out from all speculators! Smiley
cooldgamer
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November 18, 2013, 11:50:34 AM
 #12

The rest of the exchanges will probably bust $600 today, this is insane!

Mysticsam_3579
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November 18, 2013, 12:00:24 PM
 #13

Bitcoin have broken the $600 mark ,,this is crazy in short. My question is "Who is buying all the bitcoins?"
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November 18, 2013, 12:12:20 PM
 #14

Bitcoin have broken the $600 mark ,,this is crazy in short. My question is "Who is buying all the bitcoins?"

Judging from the fact that my facebook inbox is filled with people asking me about bitcoin, I'd say it's people in masse.

more or less retired.
AlgoSwan
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November 18, 2013, 12:23:44 PM
 #15

600 was Kaiser's first short-term target. I think five digits are quite possible once we enter mania-phase which is probably located @ around 3000's. So, you ain't seen nothing yet.

Looking to buy a verified betfair account with escrow.
LightningBlade
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November 18, 2013, 12:31:11 PM
 #16

And it is hitting $650 soon...

davidorentol
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November 18, 2013, 12:38:07 PM
 #17

We're Going to 1 000 000 in 1 month lol
1 trillion in 5 months
So, you ain't seen nothing yet
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November 18, 2013, 01:47:29 PM
 #18

Bitcoin have broken the $600 mark ,,this is crazy in short. My question is "Who is buying all the bitcoins?"

It has to be the Chinese people.... no body on earth would have such high impact...

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