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Author Topic: $7 today?!!  (Read 6840 times)
SgtSpike
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January 05, 2012, 09:43:50 PM
 #41

I'm going to CES for a day next week.

I understand Roger Ver (MemoryDealers) is going to be there selling physical bitcoins for cash.  Since I had to drop $600 a night just to get a hotel room there - nothing on the LV strip decent available for under $400 - it's not like people there are going to be poor, nor few in numbers, nor (it being CES) will they be techno noobs.

I anticipate bringing tons of them to keep them stocked up just in case.  I will probably bring several dozen 1000 BTC bars, and numerous 25 and 100 BTC items.  Who knows what'll sell, but everything that sells is going to see an offsetting transaction on MtGox.
You're going to wait to fill the bars and coins until they are sold, I presume?  And you don't have that much BTC, so you'll buy BTC for each one that sells?

EDIT:  Just bought back in with the proceeds from my last month and a half of mining that I had been selling.  Sucks to effectively get half of the Bitcoins I sold, but I am very bearish at the moment.  We'll see...
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Litt
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January 05, 2012, 09:53:06 PM
 #42

I just spammed my FB hard about BTC -- 300 of the people I know best are either going to lose or win here

A few friends of mine are getting anxiously waiting right now for the dwolla deposit to show up. They have been complaining how the price have gone up so much since they decided to buy. And no I didn't let them buy my coins.  Grin

Not my problem! I've been telling them to buy since last year to take advantage of this rally in progress. Better late than never though..
casascius
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January 05, 2012, 09:56:16 PM
 #43

I'm going to CES for a day next week.

I understand Roger Ver (MemoryDealers) is going to be there selling physical bitcoins for cash.  Since I had to drop $600 a night just to get a hotel room there - nothing on the LV strip decent available for under $400 - it's not like people there are going to be poor, nor few in numbers, nor (it being CES) will they be techno noobs.

I anticipate bringing tons of them to keep them stocked up just in case.  I will probably bring several dozen 1000 BTC bars, and numerous 25 and 100 BTC items.  Who knows what'll sell, but everything that sells is going to see an offsetting transaction on MtGox.
You're going to wait to fill the bars and coins until they are sold, I presume?  And you don't have that much BTC, so you'll buy BTC for each one that sells?

EDIT:  Just bought back in with the proceeds from my last month and a half of mining that I had been selling.  Sucks to effectively get half of the Bitcoins I sold, but I am very bearish at the moment.  We'll see...

I have 50k of mtgox USD locked and loaded, not on the order book anywhere, so I can dispense BTC based on market rates without worrying about my personal BTC or whether the rates will go up or down until then.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
Mushoz
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January 05, 2012, 09:57:52 PM
 #44

I'm going to CES for a day next week.

I understand Roger Ver (MemoryDealers) is going to be there selling physical bitcoins for cash.  Since I had to drop $600 a night just to get a hotel room there - nothing on the LV strip decent available for under $400 - it's not like people there are going to be poor, nor few in numbers, nor (it being CES) will they be techno noobs.

I anticipate bringing tons of them to keep them stocked up just in case.  I will probably bring several dozen 1000 BTC bars, and numerous 25 and 100 BTC items.  Who knows what'll sell, but everything that sells is going to see an offsetting transaction on MtGox.
You're going to wait to fill the bars and coins until they are sold, I presume?  And you don't have that much BTC, so you'll buy BTC for each one that sells?

EDIT:  Just bought back in with the proceeds from my last month and a half of mining that I had been selling.  Sucks to effectively get half of the Bitcoins I sold, but I am very bearish at the moment.  We'll see...

I have 50k of mtgox USD locked and loaded, not on the order book anywhere, so I can dispense BTC without worrying about my personal BTC.

Quick! You can still catch the rally with your 50k Grin

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Serge
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January 05, 2012, 09:59:11 PM
 #45

I have 50k of mtgox USD locked and loaded, not on the order book anywhere, so I can dispense BTC based on market rates without worrying about my personal BTC or whether the rates will go up or down until then.

chain that ubikey
DeathAndTaxes
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January 05, 2012, 10:00:08 PM
 #46

Bit-pay is going to have a booth at CES (consumer electronic show) in Vegas next week


Wow is there a there a thread on that.  Pretty big news.
Serge
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January 05, 2012, 10:00:53 PM
 #47

Bit-pay is going to have a booth at CES (consumer electronic show) in Vegas next week


Wow is there a there a thread on that.  Pretty big news.

https://bitcointalk.org/index.php?topic=56706.0
SgtSpike
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January 05, 2012, 10:05:22 PM
 #48

I'm going to CES for a day next week.

I understand Roger Ver (MemoryDealers) is going to be there selling physical bitcoins for cash.  Since I had to drop $600 a night just to get a hotel room there - nothing on the LV strip decent available for under $400 - it's not like people there are going to be poor, nor few in numbers, nor (it being CES) will they be techno noobs.

I anticipate bringing tons of them to keep them stocked up just in case.  I will probably bring several dozen 1000 BTC bars, and numerous 25 and 100 BTC items.  Who knows what'll sell, but everything that sells is going to see an offsetting transaction on MtGox.
You're going to wait to fill the bars and coins until they are sold, I presume?  And you don't have that much BTC, so you'll buy BTC for each one that sells?

EDIT:  Just bought back in with the proceeds from my last month and a half of mining that I had been selling.  Sucks to effectively get half of the Bitcoins I sold, but I am very bearish at the moment.  We'll see...

I have 50k of mtgox USD locked and loaded, not on the order book anywhere, so I can dispense BTC based on market rates without worrying about my personal BTC or whether the rates will go up or down until then.
That's good!  That'll buy a decent amount of BTC... at least for now.  Tongue
simonk83
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January 05, 2012, 10:52:34 PM
 #49

$7 is actually looking possible today..... crazy
istar
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January 05, 2012, 10:57:21 PM
 #50

Bit-pay is going to have a booth at CES (consumer electronic show) in Vegas next week

prepare for lift off

$10 is easy on the horizon

Seriously?! Wow, that's one of the best spots I can image to bring this technology to the media and to more people. Loads of smart and technically inclined people, who will definitely understand this much faster and see the benefits it can bring. Kudos to Bit-Pay! Let's hope the media coverage will be good Smiley

Not sure people will care that much.

Bitcoins - Because we should not pay to use our money
BrBoy
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January 05, 2012, 11:22:04 PM
 #51

$7 is actually looking possible today..... crazy
In the point we are now $7 is possible today.

intersango.com and btcex.com already touched $7.
Serge
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January 05, 2012, 11:35:11 PM
 #52

6.5 - bold move
Serge
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January 05, 2012, 11:37:38 PM
 #53

TOUCHDOWN! 7!
freshzive
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January 05, 2012, 11:37:54 PM
 #54

Wow.

jothan
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January 05, 2012, 11:39:56 PM
 #55

TOUCHDOWN! 7!

Holy mother of elliptic cryptography !

I pussied out at 5.60 yesterday, hoping to buy back at 5.40.

Sheesh, 7.1 ATM.

Bitcoin: the only currency you can store directly into your brain.

What this planet needs is a good 0.0005 BTC US nickel.
druid
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January 05, 2012, 11:41:06 PM
 #56


Holy mother of elliptic cryptography !

I pussied out at 5.60 yesterday, hoping to buy back at 5.40.

Sheesh, 7.1 ATM.
same, Im such a noob :/
Serge
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January 05, 2012, 11:45:57 PM
 #57

it's going to be crazy ups and downs from now on

rebuy and hold 'em tight, else sharks will get all your cheap coins
BrBoy
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January 05, 2012, 11:53:02 PM
 #58

That was faster!

MTGOX:   Last    7.1200
BTCEX:   Last   7.3999
the joint
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January 05, 2012, 11:53:47 PM
 #59

Haha man oh man, this shit is like christmas!

SgtSpike
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January 05, 2012, 11:54:26 PM
 #60

Glad I bought back in then.  Smiley

The question remains, how much of this rally is simply anticipation of the CES?  How much will the price fall again after said conference is over?
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