majamalu (OP)
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Activity: 1652
Merit: 1000
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July 30, 2012, 07:32:39 PM |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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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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cypherdoc
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Activity: 1764
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July 30, 2012, 07:34:30 PM |
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its going up.
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majamalu (OP)
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July 30, 2012, 07:35:56 PM |
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the volume is monstrous.
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cypherdoc
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July 30, 2012, 07:40:35 PM |
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the volume is monstrous.
they led us up last time, remember? |
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Mike Jones
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July 30, 2012, 07:42:12 PM |
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Will the Chinese be the ones that hold Bitcoin up?
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smoothie
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LEALANA Bitcoin Grim Reaper
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July 30, 2012, 07:49:07 PM |
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Will the Chinese be the ones that hold Bitcoin up?
Like dollars...they will be the ones holding the most bitcoins....perhaps they should convert their treasury holdings into cash then bitcoins? |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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majamalu (OP)
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Activity: 1652
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July 30, 2012, 07:58:52 PM |
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the volume is monstrous.
they led us up last time, remember? True. It was the starting point. I guess it doesn't matter if we have a few big players or a lot of small players over there: if Bitcoin is catching on in China, we will have an exciting trip. |
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cypherdoc
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July 30, 2012, 08:02:46 PM |
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there have been alot of articles about how the Chinese elite are moving their money out of China to perceived safe havens. Bitcoin has got to be one of them.
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molecular
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July 30, 2012, 08:08:51 PM |
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there have been alot of articles about how the Chinese elite are moving their money out of China to perceived safe havens. Bitcoin has got to be one of them.
*looks at volume data* That's miniscule amounts of wealth for even one member of the Chinese Elite. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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cloon
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July 30, 2012, 08:11:17 PM |
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while usd has its overvalued pirate40 discussion, btcchina continues with normal trading...  |
donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
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cypherdoc
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July 30, 2012, 08:11:20 PM |
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there have been alot of articles about how the Chinese elite are moving their money out of China to perceived safe havens. Bitcoin has got to be one of them.
*looks at volume data* That's miniscule amounts of wealth for even one member of the Chinese Elite. they're not going to move everything they have at once. elites make it their job to know everything that's going on in the money world. yeah, i think they'd take a flyer on several thousand Bitcoins but yes, its a process. |
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notme
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July 30, 2012, 08:13:36 PM |
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the volume is monstrous.
All the way up to 3.4K BTC. That puts them in 4th for the day so far, although there several exchanges not far behind. |
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majamalu (OP)
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Activity: 1652
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July 30, 2012, 08:22:17 PM |
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the volume is monstrous.
All the way up to 3.4K BTC. That puts them in 4th for the day so far, although there several exchanges not far behind. Yes, I meant compared to the average btcchina's volume. |
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niko
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July 30, 2012, 08:55:30 PM |
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Probably something about bitcoin in the news.
I disagree. No matter how hard I tried, I could not find correlation between changes in price and media reports. It seems to me that the price is currently driven by a few speculators in conjunction with the herd mentality of small players (like myself). Add to it a pinch of random fluctuations, and you'll get a realistic picture. |
They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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majamalu (OP)
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July 30, 2012, 09:00:44 PM |
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Probably something about bitcoin in the news.
If a major media outlet has published something, we'll know soon. But the last time we saw such high volumes there was no connection with the media. |
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cypherdoc
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July 30, 2012, 09:02:52 PM |
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the awareness cycles upwards.
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cypherdoc
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July 30, 2012, 09:11:11 PM |
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Seems to have tapered off a bit, will keep a close eye on that though, if it stays fairly consistent day and night it could be a major buy-in.
this is just the start. |
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genuise
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July 30, 2012, 09:17:40 PM |
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Can anybody advice how to find any official representative from btcchina here on forums?
I am interested to contact them in order to get access to thier orderbook api, if it exists to include CNY to bitcoin-analytics.com charts.
I already sent them email using address on thier website but nothing in return.
thank you indvance.
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bitsire
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July 30, 2012, 10:01:54 PM |
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this is just the start.
Exactly. I've been predicting a full blown frenzy into Bitcoin due an intensifying collapse in confidence of the world financial system for a while now - it looks like it has begun. Just wait until September when Europe is back from vacation and the shit really starts to hit the fan. September is THE month for banking crises, and I have a feeling that this September will make 2008 look like a blip. |
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FreeMoney
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Strength in numbers
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July 30, 2012, 10:05:55 PM |
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this is just the start.
Exactly. I've been predicting a full blown frenzy into Bitcoin due an intensifying collapse in confidence of the world financial system for a while now - it looks like it has begun. Just wait until September when Europe is back from vacation and the shit really starts to hit the fan. September is THE month for banking crises, and I have a feeling that this September will make 2008 look like a blip. Summer 2011 will look like a blimp to, know what I mean? know what I mean? |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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