Bobby (OP)
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Activity: 12
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April 15, 2011, 05:59:29 AM |
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Anyone know what has generated so much buying interest in the past four days? And today is looking to become the highest volume day in the last several months. Have there been any major news articles about BitCoin coming out lately?
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BioMike
Legendary
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Activity: 1658
Merit: 1001
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April 15, 2011, 06:06:25 AM |
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Wasn't there a post of someone wanting to buy like 100000 BTC and was redirected to MtGox?
That would explain this.
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Gluskab
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April 15, 2011, 06:10:53 AM |
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Lots of rich, young internet poker players were also recently introduced to Bitcoin, plus some traders and quants who frequent the same forum.
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kiba
Legendary
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Activity: 980
Merit: 1020
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April 15, 2011, 06:44:39 AM |
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Or maybe it was the right time for a big rally.
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stakhanov
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April 15, 2011, 09:55:38 AM |
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All time record allmost beaten!
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Nefario
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April 15, 2011, 10:28:10 AM |
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Im rich again!
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PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com |
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theGECK
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April 15, 2011, 06:44:13 PM |
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Now I wish I hadn't put in that "sell" order at .95. But it seemed so high compared to where we were...
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Use my referral codes for Bitcoin faucets and I'll send you 30% of my referral bonus - Win/Win! PM for details on all sites available or use one of the links here. FreeBitco.in | FreeDoge.co.in |
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Raulo
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April 15, 2011, 07:14:19 PM |
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It's funny that so many forum members get excited when they revalue their bitcoin holdings in the depreciating currency they loathe.
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1HAoJag4C3XtAmQJAhE9FTAAJWFcrvpdLM
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MoonShadow
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Activity: 1708
Merit: 1010
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April 15, 2011, 07:23:17 PM |
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It's funny that so many forum members get excited when they revalue their bitcoin holdings in the depreciating currency they loathe.
It's what we deal with everyday, so it's kind of natural. But you are right, it would be more accurate to value bitcoins in gold. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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stakhanov
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April 15, 2011, 07:39:15 PM |
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It's funny that so many forum members get excited when they revalue their bitcoin holdings in the depreciating currency they loathe.
I don't think all of us loathe the USD. I use bitcoin because it's cool and convenient, not because I'm at war against the current economic system. |
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fornit
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April 15, 2011, 07:46:26 PM |
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it would be more accurate to value it in bitcoin -> 100% accurate  seriously, you dont count your dollars in gold. when you have 3000$ you just think "thats quite a bunch of money" not "thats 100g of gold" or something like that. |
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MoonShadow
Legendary
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Activity: 1708
Merit: 1010
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April 15, 2011, 08:32:23 PM |
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it would be more accurate to value it in bitcoin -> 100% accurate seriously, you dont count your dollars in gold. when you have 3000$ you just think "thats quite a bunch of money" not "thats 100g of gold" or something like that. But you do value your dollars in their trade value. Said another way, you value your dollars in what you can trade it for. You could be valuing it in the dollars/beer-can metric or the dollars/hooker-blowjob metric or the dollars/pot-ounce metric; but we always value anything as compared to other things, not itself. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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slush
Legendary
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Activity: 1386
Merit: 1097
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April 15, 2011, 08:34:00 PM |
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Now I wish I hadn't put in that "sell" order at .95. But it seemed so high compared to where we were...
Now you have chance to buy it again on the same or very similar price  . |
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theGECK
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April 15, 2011, 08:52:23 PM |
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It's funny that so many forum members get excited when they revalue their bitcoin holdings in the depreciating currency they loathe.
I'm just sad because this is my "speculation" money. I don't ever plan to withdraw any USD out of mtgox.com, but I'm happy to sell it to people who are looking to buy into the bitcoin economy. Even if I end up paying far over what I sold to repurchase my BTC, I'll be buying them back eventually. |
Use my referral codes for Bitcoin faucets and I'll send you 30% of my referral bonus - Win/Win! PM for details on all sites available or use one of the links here. FreeBitco.in | FreeDoge.co.in |
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rezin777
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April 15, 2011, 09:44:00 PM |
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It's funny that so many forum members get excited when they revalue their bitcoin holdings in the depreciating currency they loathe.
I understand what you are saying, but I disagree. If one loathes the USD, and he sees BitCoin increasing in value compared to the USD, he has reason to be excited! The very thing he desires is coming to fruition. Also, very often it is necessary to convert BitCoin to USD to make purchases. Again, it's exciting to gain purchasing power due to revaluation. |
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allinvain
Legendary
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Activity: 3080
Merit: 1083
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April 15, 2011, 10:06:56 PM |
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Hmm, I wonder if this rally was purely market driven (ie buyers entering the market) or just cause of the increased difficulty...miners had to increase their ask rates to cover increasing costs of mining bitcoins. But then again one does wonder if the increased difficulty justifies a jump from 0.77 all the way to 1.03...so indeed this may be simple increased demand.
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asdf
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April 15, 2011, 10:54:54 PM |
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Hmm, I wonder if this rally was purely market driven (ie buyers entering the market) or just cause of the increased difficulty...miners had to increase their ask rates to cover increasing costs of mining bitcoins. But then again one does wonder if the increased difficulty justifies a jump from 0.77 all the way to 1.03...so indeed this may be simple increased demand.
difficulty drives price? wat? |
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epii
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April 15, 2011, 11:15:54 PM |
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Today's now the single biggest trading day yet (in USD). Fascinating to watch...
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allinvain
Legendary
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Activity: 3080
Merit: 1083
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April 15, 2011, 11:27:02 PM |
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Hmm, I wonder if this rally was purely market driven (ie buyers entering the market) or just cause of the increased difficulty...miners had to increase their ask rates to cover increasing costs of mining bitcoins. But then again one does wonder if the increased difficulty justifies a jump from 0.77 all the way to 1.03...so indeed this may be simple increased demand.
difficulty drives price? wat? Can it not? I mean those miners gotta sell some portion of their bitcoins to cover the running costs of their rigs. If it does not *drive* price it certainly affects it! |
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ffe
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April 15, 2011, 11:28:56 PM |
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It's funny that so many forum members get excited when they revalue their bitcoin holdings in the depreciating currency they loathe.
Of course everything else is quoted in dollars so that means your bitcoins buy more stuff. |
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