Gold collapsing. Bitcoin UP.

[cypherdoc]

Zerg?

[1714058568]

1714058568

[1714058568]

1714058568

[1714058568]

1714058568

[cypherdoc]

ok justus,

only 3d in BTC history where the price has closed higher than now.

[cypherdoc]

ok justus,

only 3d in BTC history where the price has closed higher than now.

Pretty damn awesom

once we clear 165, it will only be 2 days.

[thezerg]

I was hoping to wait for > $166 but I guess I'll just do another.  So here we go!

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 164.49 (148.56 btcChina in USD).  Gold is 1317.00.  Nasdaq is 3894.00
Bitcoin: 2946.11% (2651.14%)
Gold:    -22.07%
Nasdaq:  27.46%
Gold Diff:  3809% advantage Bitcoin
Nasdaq Diff:  2290% advantage Bitcoin

[cypherdoc]

I was hoping to wait for > $166 but I guess I'll just do another.  So here we go!

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 164.49 (148.56 btcChina in USD).  Gold is 1317.00.  Nasdaq is 3894.00
Bitcoin: 2946.11% (2651.14%)
Gold:    -22.07%
Nasdaq:  27.46%
Gold Diff:  3809% advantage Bitcoin
Nasdaq Diff:  2290% advantage Bitcoin

Gold collapsing, Bitcoin UP!

[cypherdoc]

ooh, touched 165.

[NamelessOne]

ooh, touched 165.

I do hope we smash through 166 today, it seems like the momentum is locked on attack mode.

[cypherdoc]

[cypherdoc]

ok justus,

2 days.  did i count that right?

[Spaceman_Spiff]

VisionVictory made quite an awesome Bitcoin propaganda video explaining bitcoin to the metal-head-crowd:

http://www.youtube.com/watch?v=T_hBhymFfm8

Do you happen to have the link to the James Rickards interview?

[justusranvier]

ok justus,

2 days.  did i count that right?

Two days have closed above $165.21413, but five days (besides today) have seen trades at or above that level.

I like to keep it apples-to-apples, so if we're talking about today's daily high we should compare it to historical daily highs, not closing prices.

Either way, we're back at levels where Bitcoin has spend very little time in the past.

[derpinheimer]

just fyi: google hit 1,000 usd

Holy shit, massive gains.. 
1,002.70
+113.91 (12.82%)

[wachtwoord]

just fyi: google hit 1,000 usd

Holy shit, massive gains.. 
1,002.70
+113.91 (12.82%)

On news that Motorola (bought for 12 B) is still losing money and that the ppc prices are still going down (number of clicks is up a lot though).

[justusranvier]

Now we've seen $166.88529 today, which is an intra-day high that has only been exceeded four days in history.

[justusranvier]

Damn, as I was uploading the screenshot we blew right past that into a new high.

As far as this game of keeping track of old highs goes, nothing interesting happens now until $187.50.

[SkRRJyTC]

This BTC rally.

Can you feel it? http://www.youtube.com/watch?v=yWAiNTxXfa8

Haven't listened to this one since April. I think I may have even posted it in this thread somewhere.

[oakpacific]

So Gox USD price broke the 6 month high, right before it is not. And the bitstamp price is offically above $150, during a weekend.

Did the bears finally realize it is not a drill?

[cypherdoc]

Gold collapsing. Bitcoin UP.

[molecular]

VisionVictory made quite an awesome Bitcoin propaganda video explaining bitcoin to the metal-head-crowd:

http://www.youtube.com/watch?v=T_hBhymFfm8

Do you happen to have the link to the James Rickards interview?

yep: http://www.youtube.com/watch?v=fVOmVbHtz1k

and it's really good, too. I'll definitely read his upcoming book. If you haven't read "currency wars", it's probably good to read it beforehand in case you plan to read the new one.

oh and he has a message for us at the end:

The governments watching everything you do. So, if you're in bitcoin,... enjoy it, but don't kid yourself and think the government's not watching.

[tvbcof]

...
oh and he has a message for us at the end:

The governments watching everything you do. So, if you're in bitcoin,... enjoy it, but don't kid yourself and think the government's not watching.

I'd trust Rickards on this one.  He's likely in a good position to know.  I've assumed this from (my personal) zero-day in Bitcoin-land.  For this reason, I plan to cross all my 'i's and cross all my 't's in any interactions.  Indeed, I am now only willing to do formal paper transactions for values in excess of $10,00.00 so I cannot be (falsely) charged with 'structuring' if the powers that be decide to bring the hammer down.

I bet that a lot of people who came out on top in Bitcoin speculation are going to throw away a good thing by trying to avoid the Feds and their maddeningly unfair but very real implementations of capital control.