BitcoinTate
Full Member
 Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 02:48:52 AM |
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- aka The "DigiMan"
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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solex
Legendary
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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April 03, 2013, 02:49:42 AM |
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Heh. This is what's called a correction. You'd expect a deflationary currency to correct upwards  HAHAHA Brilliant! |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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April 03, 2013, 02:50:49 AM |
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 THIS IS MADNESS !!!2 minute lag!? Where's the lulslug?! |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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mccorvic
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April 03, 2013, 02:54:25 AM |
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So, who knew that the price would hit hyper-drive after 109? I sure didn't.
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bzzard
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April 03, 2013, 02:55:16 AM |
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wtf?  |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 02:55:49 AM |
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- aka The "DigiMan"
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 02:56:32 AM |
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Gox lag can suck my balls!
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- aka The "DigiMan"
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BitPirate
Full Member
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Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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April 03, 2013, 02:59:49 AM |
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... just a normal Tuesday / Wednesday then!!
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oakpacific
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April 03, 2013, 03:01:34 AM |
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Haven't seen Loaded around for quite some time.
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 03:01:45 AM |
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$123
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- aka The "DigiMan"
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BitPirate
Full Member
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Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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April 03, 2013, 03:04:23 AM |
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Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?
Not at all. This is exactly the same behaviour as when we breached $50. The % gains aren't all that odd -- same as before. Only now the numbers are bigger. |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 03, 2013, 03:05:34 AM |
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- aka The "DigiMan"
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bzzard
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April 03, 2013, 03:06:38 AM |
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Dude! +30% in 1.5 day?  |
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TheJuice
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April 03, 2013, 03:06:56 AM |
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Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?
Not at all. This is exactly the same behaviour as when we breached $50. The % gains aren't all that odd -- same as before. Only now the numbers are bigger. BTC China is at 144 per BTC. |
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Surpbitcoin
Member
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Activity: 112
Merit: 10
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April 03, 2013, 03:07:42 AM |
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124$
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befuddled
Member
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Activity: 73
Merit: 10
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April 03, 2013, 03:09:51 AM |
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Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?
Yes, a bit. The forum is showing that giddy kind of euphoria with lots of swagger and bravado and posts about huge anticipated prices that once often sees at the top in a market. However. Keep in mind this is just the forum. Which is the tiniest sliver of the world. Sentiment indicators tell you it's a top when the sentiment is at a max. But the vast majority of potential bitcoin buyers probably don't know it exists yet. So I wouldn't take the sentiment you see here as any kind of broad indicator. Just read the comments in the latest Zero Hedge article that might mention bitcoin. They are almost uniformly hostile towards it, and so complacent in their ignorance. And those are relatively well-informed people who should know better. Here are a couple things I think give some perspective: The Fed's open market operations are buying up ~$80B every month. New money into the monetary base. At the current price bitcoin's total value (valued at $100/coin) is about $1B (order of magnitude). So the fed is "spending" 80x bitcoin's market cap every single month. That's a lot of dollars looking for somewhere to go. If the bitcoin were regarded as an equal asset class as gold, such that the value of all bitcoins had the same dollar value as all gold in existence, bitcoins would be worth ~ $1 million/coin. (based on ~$10 trillion being the value of all gold in existence, and the current ~10 million bitcoins). |
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ineededausername
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April 03, 2013, 03:11:52 AM |
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Bull 1: Where's proudhon in this picture?
Bull 2: Oh, right there maybe! Enhance!
Bull 1: Don't see him. Wait, I have an idea, let me zoom out!
Bull 2: Still no proudhon.
Bull 1: Wait hold on, zoom out a little more. Just a sec.
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There he is!
Bull 2: I can't see him.
Bull 1: Right there, back at $8. He sold everything at $8. Ha! We sure left him behind...
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(BFL)^2 < 0
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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April 03, 2013, 03:13:40 AM |
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Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?
Yes, a bit. The forum is showing that giddy kind of euphoria with lots of swagger and bravado and posts about huge anticipated prices that once often sees at the top in a market. This always gets trotted out during gains. I've only been active on these forums for a few short weeks (since ~$30-odd), but it seems that it's like clockwork: After every big gain, people get nervous and start calling out irrational exuberance. However, it seems the real irrationality is usually always on the side of the bears. |
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The-Real-Link
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April 03, 2013, 03:14:26 AM |
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Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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mccorvic
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April 03, 2013, 03:14:59 AM |
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Things are kind of reaching a fever pitch here. Anyone else scared? Even a bit?
Yes, a bit. The forum is showing that giddy kind of euphoria with lots of swagger and bravado and posts about huge anticipated prices that once often sees at the top in a market. This always get trotted out during gains. I've only been active on these forums for a short weeks (since ~$30-odd), but it seems that it's like clockwork: After every big gain, people get nervous and start calling out irrational exuberance. However, it seems the real irrationality is usually always on the side of the bears. Also, the forums aren't all of bitcoin. We're actually a minority. |
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