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Author Topic: Euro Parity  (Read 2001 times)
BCEmporium
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April 22, 2011, 08:08:56 PM
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Bitcoin is 3 cents away from Euro parity... will it be reached this weekend?
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bitdragon
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April 22, 2011, 08:11:34 PM
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Yes!

BCEmporium
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April 22, 2011, 08:18:49 PM
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My bad, 9 cents away:

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

But almost there  Smiley
The Script
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April 22, 2011, 08:34:54 PM
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Eff this.  Bitcoins needs to drop so I can buy more.  Sad
Ian Maxwell
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April 22, 2011, 09:44:06 PM
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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.

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April 22, 2011, 09:58:19 PM
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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
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April 23, 2011, 01:48:15 AM
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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...  Tongue
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April 23, 2011, 03:33:44 AM
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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.

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April 23, 2011, 03:41:11 AM
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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
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April 23, 2011, 07:27:59 AM
 #10

The subject is imminent:
Euro Parity

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

Smiley

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April 23, 2011, 08:10:59 AM
 #11

Or have USD to drop in value Wink

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).
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April 23, 2011, 08:47:33 PM
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Annnnndddd  parity with the Euro is achieved.   Actually way past it now.  The high on Mt. Gox is $1.70.  This is madness.....
BCEmporium
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April 23, 2011, 08:50:50 PM
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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  Grin
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April 24, 2011, 12:37:06 AM
 #14

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

Maybe tomorrow.

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April 24, 2011, 08:57:18 AM
 #15

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
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April 24, 2011, 09:11:08 AM
 #16

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-

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April 24, 2011, 12:40:47 PM
 #17

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/

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

BCEmporium
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April 24, 2011, 01:24:14 PM
 #18

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  Grin
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