TomRado
Newbie
Offline
Activity: 28
Merit: 0
|
|
March 21, 2013, 12:22:10 PM |
|
Decent price for half a pizza anyway.. I hope we'll see 67ish before 70 or once again I fed MtGox without putting anything on my table There we go
|
|
|
|
Zomdifros
|
|
March 21, 2013, 12:22:59 PM |
|
I smell a small crash... OMG, we are down to the level we were two hours ago!
|
|
|
|
gimme_bottles
|
|
March 21, 2013, 12:26:13 PM |
|
some coins trading for €60 at bitcoin.de that's $77.3
|
|
|
|
ehoffman
|
|
March 21, 2013, 12:27:16 PM |
|
I smell a small crash... OMG, we are down to the level we were two hours ago! That's good, it means people still believe in price rising today, and that 67+ is fair price
|
Like my comments? Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc
|
|
|
Zomdifros
|
|
March 21, 2013, 12:29:53 PM |
|
some coins trading for €60 at bitcoin.de that's $77.3 That makes sense, I believe the attention Bitcoin had in German newspapers a week ago is an important yet slightly overlooked factor in the recent price developments: https://bitcointalk.org/index.php?topic=152239.0Remember that it takes some time to get familiar enough with Bitcoin before people decide to buy some. Also, Germany is a huge market with good internet penetration. I smell a small crash... OMG, we are down to the level we were two hours ago! That's good, it means people still believe in price rising today, and that 67+ is fair price I agree, this is quite bullish.
|
|
|
|
rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
|
|
March 21, 2013, 12:31:55 PM |
|
1470 - 67 | 11:00 | 69 - 9460 1470 - 67 | 12:00 | 69 - 9160
Not much motion right now, as expected.
Now I lough so hard if all the latest boost in price was people trying to get their money off MtGox fearing US legislation. Anything I overlook that renders this hypothesis wrong?
That can be right, at least it is a possibility. MtGox does allow BTC2,000 to be repatriated per day, but only $10,000. There is a huge gap there, so your only way of cashing out in time is to buy BTC and run.. But it is misinformed anyway, since didn't they say that nobody's existing account information is given to the US Feds (anymore than what's already the case) without the account holder's approval..?
|
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
|
|
|
TomRado
Newbie
Offline
Activity: 28
Merit: 0
|
|
March 21, 2013, 12:47:41 PM |
|
But it is misinformed anyway, since didn't they say that nobody's existing account information is given to the US Feds (anymore than what's already the case) without the account holder's approval..?
How much this can be trusted is written on another page. Wouldn't be the first time the feds know about something they legally can't. So lets be a bear for the fun of it and say that's just the us silk roaders trying to cash out in BTC right now Paradoxically, this wouldn't hurt the course anyway, as fewer btc on mtgox can only be good.
|
|
|
|
Puppet
Legendary
Offline
Activity: 980
Merit: 1040
|
|
March 21, 2013, 01:08:40 PM |
|
Added a shoutbox for all you wallwatching talking heads, if you want to have a live chat:
|
|
|
|
oakpacific
|
|
March 21, 2013, 01:10:19 PM |
|
Next week or so will be exciting. Possibly have a new client.
I hope that new client takes out this wall right now Last chance for the new client to buy below 70 Nope, the wall is going to give us a massive crash down to $67. Fuck yeah. Big wall you rock!
|
|
|
|
The-Real-Link
|
|
March 21, 2013, 01:23:49 PM |
|
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
This is crazy... choo choo!
Blocks 227154
Total BTC 10.929M
Difficulty 4847647
Estimated 5829845 in 654 blks
Network total 56.080 Thash/s
Blocks/hour 9.70 / 371 s
|
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
|
|
|
Puppet
Legendary
Offline
Activity: 980
Merit: 1040
|
|
March 21, 2013, 01:37:10 PM |
|
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
facepalm
|
|
|
|
Zomdifros
|
|
March 21, 2013, 01:38:46 PM |
|
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
The correlation between the hashrate and price is due to mining being more profitable when the price increases, not the other way around. It would be possible that the hashrate, and thus the difficulty, is rising in anticipation of higher prices (which would be logical in a strong bull market), but mostly this is caused by the coincidental arrival of the asics during the current bull market.
|
|
|
|
thefiniteidea
|
|
March 21, 2013, 01:51:34 PM |
|
Added a shoutbox for all you wallwatching talking heads, if you want to have a live chat: lol I just love that pizza wall man hahaha...
|
|
|
|
mccorvic
|
|
March 21, 2013, 01:54:37 PM |
|
Added a shoutbox for all you wallwatching talking heads, if you want to have a live chat:
Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
|
|
|
|
zby
Legendary
Offline
Activity: 1592
Merit: 1001
|
|
March 21, 2013, 01:56:39 PM |
|
Where are the chartists? Looks like we are at a critical point, move either way and boooom.
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1013
|
|
March 21, 2013, 02:01:57 PM |
|
Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
I've given up on work...
|
|
|
|
deeplink
|
|
March 21, 2013, 02:03:56 PM |
|
Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
I've given up on work... Working to pay taxes? No thanks.
|
|
|
|
narousberg
Legendary
Offline
Activity: 1753
Merit: 1007
|
|
March 21, 2013, 02:04:18 PM |
|
Two russian TV chanels speak today about Bitcoin succes!!!
|
I AM NOT SELL MY BITCOINTALK ACCOUNT !!!
|
|
|
Zomdifros
|
|
March 21, 2013, 02:07:23 PM |
|
Well even though we're beyond that price/difficulty slope now, a higher difficulty is soon incoming so that's some reason for the price to adjust (in theory).
The correlation between the hashrate and price is due to mining being more profitable when the price increases, not the other way around. It would be possible that the hashrate, and thus the difficulty, is rising in anticipation of higher prices (which would be logical in a strong bull market), but mostly this is caused by the coincidental arrival of the asics during the current bull market. this is a fair theory but not a fact. Well I certainly prefer it over the persistent, yet flawed theory that difficulty somehow can influence the Bitcoin price. Arguments in favor of this theory are scarce and unconvincing.
|
|
|
|
|
|