Euro Parity

[BCEmporium]

Bitcoin is 3 cents away from Euro parity... will it be reached this weekend?

[bitdragon]

Yes!

[BCEmporium]

My bad, 9 cents away:

1 Euro = 1.4544 U.S. dollars
1 BTC =  1.3666 U.S. dollars

But almost there 

[The Script]

Eff this.  Bitcoins needs to drop so I can buy more. 

[Ian Maxwell]

I know the feeling, Script.

The funny thing is that a couple days ago I accidentally made a sell order on Mt Gox instead of a buy order, and sold all the bitcoins I had stored there... then consoled myself by saying, "Ah, well, 1.165 is a good price anyway, it'll probably be down tomorrow." Still waiting.

[mewantsbitcoins]

When it was about $1.20 I thought I'll wait a little while and it will settle at about $1.00 and then I'll buy. Look now what happened - it's trading at nearly $1.40. Just don't know what to do

[The Script]

Yeah, I was like "I'll play around with the bitcoin market a little".  I sold my bitcoins in Mt. Gox for about a $1 thinking it would drop back down to 80 or 90 cents and then I'd buy back in.  Stupid.  Oh well, we'll see what happens... 

[Nefario]

Same thing happened to me when bitcoin was on a bear run. Got burned, bought back into bitcoin, lost a little and decided that's enough for me for the time being, I'm better at creating than trading.

[The Script]

The market is bent on screwing the maximum of market participants. Nothing new here. Max Pain Theory is the name for this phenomena.

Meanwhile subj is imminent.

What is imminent? 

[bitdragon]

The subject is imminent:
Euro Parity

on Oanda: 1 Euro = $1.45736
The High on Mtgox is at $1.45

[BioMike]

Or have USD to drop in value

People who sold early. Long term outlook is $2 to $2.3, you can still buy. Or wait until people notice they can't do anything (except buying , now expensive, socks) with it at the moment and start selling it.

I wonder how much this rise damages the trade from merchants (people will most likely wait until they adjusted their prices).

[The Script]

Annnnndddd  parity with the Euro is achieved.   Actually way past it now.  The high on Mt. Gox is $1.70.  This is madness.....

[BCEmporium]

Annnnndddd  parity with the Euro is achieved.   Actually way past it now.  The high on Mt. Gox is $1.70.  This is madness.....

Euro parity is history now, now it's already GBP parity 

[Ian Maxwell]

Still wavering back and forth around GBP parity.... but I suspect we're not breaking 2 today.

Maybe tomorrow.

[BCEmporium]

Still wavering back and forth around GBP parity.... but I suspect we're not breaking 2 today.

Maybe tomorrow.

What you mean?

MtGox: Last Price: 1.73
Google GPB USD: 1 British pound = 1.6515 U.S. dollars

[bitdragon]

It has dropped below GBP over the last 12 hours and now back over again-
The next level is $2, new funds have not been added over the last days and not before Tuesday either I believe-

[deadlizard]

It has dropped below GBP over the last 12 hours and now back over again-
The next level is $2, new funds have not been added over the last days and not before Tuesday either I believe-

bcmPPUSD is at $2

https://bitcoinmarket.com/

[BCEmporium]

It has dropped below GBP over the last 12 hours and now back over again-
The next level is $2, new funds have not been added over the last days and not before Tuesday either I believe-

bcmPPUSD is at $2

https://bitcoinmarket.com/

That last 24 BTC trade is mine, so I guess I was the first man to ever reach the 2 USD on BTC