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Author Topic: Semi-rational exuberance anyone?  (Read 10850 times)
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May 15, 2011, 02:21:50 AM
 #21

It's weird, because I started mining when it was $3 a coin, and that was so recently...

Hope this means a solid $7.5/btc for the weeks to come, right guys?

Time to buy, while they're cheap. Cheesy

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May 15, 2011, 03:03:13 AM
 #22

It's weird, because I started mining when it was $3 a coin, and that was so recently...

Hope this means a solid $7.5/btc for the weeks to come, right guys?

Time to buy, while they're cheap. Cheesy

Or not, me and a buddy are farming to build up some money for a rig that isn't wasteful on power or our wallet to start up. So can't get into trading just yet :/
But when we do. we'll get the spray paint out and label each box specifically "Hookers" or "Blow" so that we know exactly where we should put the money when it comes time to invest.
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June 02, 2011, 11:28:43 AM
 #23

Bitcoin Prices: Just Hit $10!!!

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June 02, 2011, 12:18:16 PM
 #24

Hot Tip: Now place your orders to buy at ~$8.30 to $8.50, since a healthy rally will make corrections.

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June 02, 2011, 12:30:53 PM
 #25

I'll just use this thread to thank all of the people who refused to sell me btc last week because all i have is paypal.  Thank you...  The money I had to spend then would have bought 62 and now it will buy less than 50 Smiley
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June 02, 2011, 12:44:16 PM
 #26

The scammers who use Paypal for fraud are the root cause of people not accepting your funds. There are ways to buy...

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June 02, 2011, 12:55:37 PM
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meh.. verified paypal vs random person on message board claiming to have digital currency.

I would assume the burden would be on the person w\ the digital currency.
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June 02, 2011, 12:59:44 PM
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you could buy and then chargeback right after receiving your coins with paypal

can't reverse BTC
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June 03, 2011, 06:53:53 AM
 #29

Just went over $11.00!!!   Shocked

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June 03, 2011, 07:43:44 AM
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 Shocked this is amazing. I predict $14 sometime next week
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June 03, 2011, 07:47:37 AM
 #31

I predict this will remain an amazing story!   Grin

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June 03, 2011, 07:56:31 AM
 #32

Every time I go to Mt Gox to see that the price has significantly risen from the previous day, I say to myself, "this is insane." 

Every time I go there, I think "why does it take so long to move money into Mt Gox?"

Yeah, I was trying to buy last week and literally just made my first buy because of dwolla setup and transfer times. Wanted to buy at 8, had to buy at 11.49
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June 03, 2011, 07:58:37 AM
 #33

How sustainable is this though?  Are there any analyses out there about this crazy rise in bitcoin value?

I would like to hear some good arguments to persuade me this isn't a self-reinforcing bubble with nothing at the end of it except a loud 'pop'...

Don't sweat cat-pipe, he's an expert at being the killjoy.

The best argument I can think of is the resources and capital already expended in the market. Wherever you have vested interest, a sustainable market is sure to follow, even if some of the participants are pure egomaniacs.

Have a good one!

fortitudinem multis - catenum regit omnia
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June 03, 2011, 08:43:06 AM
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Shocked this is amazing. I predict $14 sometime next week
Try $14 tonight!  At least, that's my prediction the way things are going right now...
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June 03, 2011, 09:27:30 AM
 #35

Shocked this is amazing. I predict $14 sometime next week
Try $14 tonight!  At least, that's my prediction the way things are going right now...
Make that $14 in a few minutes! Guys, this isn't funny anymore Cheesy
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June 03, 2011, 10:46:02 AM
 #36

Hope it can jump to 15 in the future week.

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June 03, 2011, 10:53:04 AM
 #37

Shouldn't we be concerned about this guys?

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June 03, 2011, 11:05:32 AM
 #38

This sudden growth seems rather unnatural... Hope I'm wrong and it's just a side effect of growing interest in BTC. But from my experience, when something seems too good to be true, it usually is.
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June 03, 2011, 09:01:19 PM
 #39

This is beyond amazing. I am starting to get rather frightened now....
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June 03, 2011, 11:15:07 PM
 #40

Shouldn't we be concerned about this guys?

This sudden growth seems rather unnatural... Hope I'm wrong and it's just a side effect of growing interest in BTC. But from my experience, when something seems too good to be true, it usually is.

This is beyond amazing. I am starting to get rather frightened now....

It could be called Semi-rational exuberance a.k.a. A Bit Crazy
IMO, Bitcoins will be either worth over $5000/BTC or < $0.01/BTC and everything in-between is an amazing adventure.



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