600$ Crossed.

[Fernandez]

Imagine Dish introducing a new coin , for buying their subscriptions and on demand movies . They install an asic into their receivers which mines only their coins . More the user watches Dish , more coins they'll mine to pay for on demand movies or to pay their subscriptions .

who knows they may be mining bitcoins silently

Its like a virus, but a hardware virus

Holding well above $600.

Waiting for big boost soon it will be above 700.

Don't think it will happen soon. I think $600 might be the new $120 of last rainy season.

[deadley]

Imagine Dish introducing a new coin , for buying their subscriptions and on demand movies . They install an asic into their receivers which mines only their coins . More the user watches Dish , more coins they'll mine to pay for on demand movies or to pay their subscriptions .

who knows they may be mining bitcoins silently

Its like a virus, but a hardware virus

Holding well above $600.

Waiting for big boost soon it will be above 700.

Don't think it will happen soon. I think $600 might be the new $120 of last rainy season.

Yup 600$ is making base that is good for future price of Bitcoins.

[newIndia]

Imagine Dish introducing a new coin , for buying their subscriptions and on demand movies . They install an asic into their receivers which mines only their coins . More the user watches Dish , more coins they'll mine to pay for on demand movies or to pay their subscriptions .

who knows they may be mining bitcoins silently

Its like a virus, but a hardware virus

Holding well above $600.

Waiting for big boost soon it will be above 700.

Don't think it will happen soon. I think $600 might be the new $120 of last rainy season.

Yup 600$ is making base that is good for future price of Bitcoins.

Bitcoin is below 600 again. Right now it is 583 USD.

[Benson Samuel]

That is because the US government is auctioning off its Bitcoins. (methinks)

[BitCoinDream]

That is because the US government is auctioning off its Bitcoins. (methinks)

It may also be because of GHash.IO. They were frequent at 49%. Today, they have reached 51%.

[deadley]

That is because the US government is auctioning off its Bitcoins. (methinks)

It may also be because of GHash.IO. They were frequent at 49%. Today, they have reached 51%.

Market is very volatile because of this, touched twice 550 and then jumped to 600 again.

[BitCoinDream]

That is because the US government is auctioning off its Bitcoins. (methinks)

It may also be because of GHash.IO. They were frequent at 49%. Today, they have reached 51%.

Market is very volatile because of this, touched twice 550 and then jumped to 600 again.

Looks like this jumping will continue for some day till GHash.IO mining power gets reduced.

[Equate]

That is because the US government is auctioning off its Bitcoins. (methinks)

I too think so but things will get more interesting as soon as auction starts and how market reacts to that.

[rohnearner]

Seems like we are going down to 500$ mark again , All those news about Auction of seized coins might have created some panic but I found no substance behind it, apart from few transactions from the wallet.
there has been no official word from CEX.IO on hitting 51% hashrate. just a tweet From

Jeffrey Smith @jeff_smith01

I want everyone to know - we are aware of the 51% on @ghash_io We would never harm the community. Our official statement is coming soon.

[Equate]

This is the week of FUD - US Auction , 51% attack , Chinese FUD as usual and all the speculation about 30000BTC held by US marshals.

[deadley]

This is the week of FUD - US Auction , 51% attack , Chinese FUD as usual and all the speculation about 30000BTC held by US marshals.

Nothing good happening with Bitcoins, everything against this week.

[ravin]

Seems like we are going down to 500$ mark again , All those news about Auction of seized coins might have created some panic but I found no substance behind it, apart from few transactions from the wallet.
there has been no official word from CEX.IO on hitting 51% hashrate. just a tweet From

Jeffrey Smith @jeff_smith01

I want everyone to know - we are aware of the 51% on @ghash_io We would never harm the community. Our official statement is coming soon.

Coins are listed by US Marshals for the auction. Registration starts today.
http://www.usmarshals.gov/assets/2014/bitcoins/

[Fernandez]

That is because the US government is auctioning off its Bitcoins. (methinks)

It may also be because of GHash.IO. They were frequent at 49%. Today, they have reached 51%.

Its not the debate here, but I have a very big concern with the Cartel controlling Bitcoin. Shame how a decentralized movement ended up being owned by a few rich techies.

[rohnearner]

Coins are listed by US Marshals for the auction. Registration starts today.
http://www.usmarshals.gov/assets/2014/bitcoins/

So This auction is taking place on 27june that is how I read it..! and this will be an online auction , so now looking into bigger picture, lets say if they succeed in selling 29,656.51306529 bitcoins that are on auction what are the chances that those coins will hit the market all at a time, and if they do how much Impact they will have on market..!
According to what I read the bidding will be held for all the 29,656.51306529 bitcoins so all the coins will go to one person or an organization , correct me if I'm wrong.

 Bidding more than the market price will be totally absurd so I'm hoping someone will get BTC at good rate , we never know how the bidders brain functions they might buy it over the market price.
Lets see how much they go for.

[Equate]

Coins are listed by US Marshals for the auction. Registration starts today.
http://www.usmarshals.gov/assets/2014/bitcoins/

So This auction is taking place on 27june that is how I read it..! and this will be an online auction , so now looking into bigger picture, lets say if they succeed in selling 29,656.51306529 bitcoins that are on auction what are the chances that those coins will hit the market all at a time, and if they do how much Impact they will have on market..!
According to what I read the bidding will be held for all the 29,656.51306529 bitcoins so all the coins will go to one person or an organization , correct me if I'm wrong.

 Bidding more than the market price will be totally absurd so I'm hoping someone will get BTC at good rate , we never know how the bidders brain functions they might buy it over the market price.
Lets see how much they go for.

Bidding is for US citizens only and buyers have to deposit at least $200,000 to participate in bidding , it just shows the scale at which bidding is going to take place and nobody will buy at prices higher than market price . I am thinking how that will impact  BTC trading when those somewhat cheaper coins enter the market.

[rohnearner]

Coins are listed by US Marshals for the auction. Registration starts today.
http://www.usmarshals.gov/assets/2014/bitcoins/

So This auction is taking place on 27june that is how I read it..! and this will be an online auction , so now looking into bigger picture, lets say if they succeed in selling 29,656.51306529 bitcoins that are on auction what are the chances that those coins will hit the market all at a time, and if they do how much Impact they will have on market..!
According to what I read the bidding will be held for all the 29,656.51306529 bitcoins so all the coins will go to one person or an organization , correct me if I'm wrong.

 Bidding more than the market price will be totally absurd so I'm hoping someone will get BTC at good rate , we never know how the bidders brain functions they might buy it over the market price.
Lets see how much they go for.

Bidding is for US citizens only and buyers have to deposit at least $200,000 to participate in bidding , it just shows the scale at which bidding is going to take place and nobody will buy at prices higher than market price . I am thinking how that will impact  BTC trading when those somewhat cheaper coins enter the market.

I don't think someone will get 30k coins at $200k, although I know its just Initial deposit  but even if someone successfully gets 30k btc below $10000000 it will be called good deal according to current market rate.
 Talking about if these coins enters into market , I'm sure whoever owns those coins after bidding will be wise enough to understand that how they can manipulate market in their favor I'm sure they don't want to sell coins on lower price.

[ravin]

Coins are listed by US Marshals for the auction. Registration starts today.
http://www.usmarshals.gov/assets/2014/bitcoins/

So This auction is taking place on 27june that is how I read it..! and this will be an online auction , so now looking into bigger picture, lets say if they succeed in selling 29,656.51306529 bitcoins that are on auction what are the chances that those coins will hit the market all at a time, and if they do how much Impact they will have on market..!
According to what I read the bidding will be held for all the 29,656.51306529 bitcoins so all the coins will go to one person or an organization , correct me if I'm wrong.

 Bidding more than the market price will be totally absurd so I'm hoping someone will get BTC at good rate , we never know how the bidders brain functions they might buy it over the market price.
Lets see how much they go for.

Bidding is for US citizens only and buyers have to deposit at least $200,000 to participate in bidding , it just shows the scale at which bidding is going to take place and nobody will buy at prices higher than market price . I am thinking how that will impact  BTC trading when those somewhat cheaper coins enter the market.

I don't think someone will get 30k coins at $200k, although I know its just Initial deposit  but even if someone successfully gets 30k btc below $10000000 it will be called good deal according to current market rate.
 Talking about if these coins enters into market , I'm sure whoever owns those coins after bidding will be wise enough to understand that how they can manipulate market in their favor I'm sure they don't want to sell coins on lower price.

$200k is just to demonstrate the capability and real interest to pay. Usual thing in auctions I guess. 

[finalelement]

I have a few dollas invested in btc stock few days it was 611 nw low

[dashingriddler]

I have a few dollas invested in btc stock few days it was 611 nw low

But you have 1 extra post count now Be happy !

[Fernandez]

I have a few dollas invested in btc stock few days it was 611 nw low

But you have 1 extra post count now Be happy !

 

Don't look in such short terms, have a longer term view.