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matthewh3 (OP)
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July 10, 2012, 08:53:56 AM
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Over 90,000BTC traded in the last thirty days.



The growth to this spike is a lot more gradual than the January spike so maybe the bubble won't burst.  Where will it be in thirty days >£5 it's looking.  People reckon the block reward drop will send the price skywards and it's getting nearer and nearer.  Looks like it could easily be ~£7 by the new year.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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July 10, 2012, 08:56:37 AM
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Intersango GBP price always follows MtGox USD, as every other currency. In case of any difference, users will buy/sell to make it back to normal.
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July 10, 2012, 09:40:22 AM
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Quote from: lenny_ on July 10, 2012, 08:56:37 AM
Intersango GBP price always follows MtGox USD, as every other currency. In case of any difference, users will buy/sell to make it back to normal.

No I don't think every other exchange follows MtGox USD any more.  I think MtGox USD is now following trends and not just setting them.  MtGox market share is down.  GBP market share of currency's is down even tho it's volume is up.
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July 10, 2012, 10:11:40 AM
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It's not even true this is the highest price ever. I bought 196 coins in January at an average of 5.0 GBP/BTC. And yes, I do think everyone keeps an eye on the "official price" and then buys or sells accordingly if there is any arbitrage opportunities.
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