:groan:
Topic: 1 bitcoin ~= £10 (Read 2667 times)
A half gold sovereign is worth £130 right now. We're getting there (£127).
Yahoo. 1 BTC > 1 half gold sovereign
Yes, but you can't make a ring out of a bitcoin and smash someone's face with it, can you? I'll stick with sovs, thanks.
A half gold sovereign is worth £130 right now. We're getting there (£127).
Yahoo. 1 BTC > 1 half gold sovereign
A half gold sovereign is worth £130 right now. We're getting there (£127).
I recognise it was a big shift then - especially given growth was slow but steady around that time. But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding. My flabb is ghasted!
It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.
I sure wish things calmed down a bit because it cannot end well following this curve for too long.
But in the other hand I'm loving it.
This is why it's a good idea to always look at the price with a log y axis - it's like an axis rescale to show percentage changes rather than linear changes. It makes the changes easier to eyeball.
Yep. Right now even on a log scale, it curves up (exp of an exp). A bit scary to be honest.
I recognise it was a big shift then - especially given growth was slow but steady around that time. But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding. My flabb is ghasted!
It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.
I sure wish things calmed down a bit because it cannot end well following this curve for too long.
But in the other hand I'm loving it.
This is why it's a good idea to always look at the price with a log y axis - it's like an axis rescale to show percentage changes rather than linear changes. It makes the changes easier to eyeball.
It was just a harmless expression of astoundedness from seeing in such a tiny time span my holding go up by the value of the whole of my holding when it was at £12 - and it looks like it's happening again as we speak!
I recognise it was a big shift then - especially given growth was slow but steady around that time. But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding. My flabb is ghasted!
It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.
I sure wish things calmed down a bit because it cannot end well following this curve for too long.
But in the other hand I'm loving it.
This is why it's a good idea to always look at the price with a log y axis - it's like an axis rescale to show percentage changes rather than linear changes. It makes the changes easier to eyeball.
I recognise it was a big shift then - especially given growth was slow but steady around that time. But even in percentage terms it's a big difference between 20% in 6 days to 13.5% in one day - and in terms of the increase in the value of anyone's holding who was pleased that it got to £12 we have just in a single day seen that much again added to the value of our Bitcoin holding. My flabb is ghasted!
It all depends on the particular 12 hours you choose post-fact. In 1 day it's up 15%. It's still true that at the time, it was a jump when things were steady and right now it's just mercilessly following a double-exponential.
I sure wish things calmed down a bit because it cannot end well following this curve for too long.
But in the other hand I'm loving it.
[....] My flabb is ghasted!
I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.
some of us are quite excited for flasted gabbers.
Granted. Cheers gents
[....] My flabb is ghasted!
I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.
some of us are quite excited for flasted gabbers.
[....] My flabb is ghasted!
I'm fairly certain that it's your flabber that is gasted. No one wants to think about your flabb being ghasted.
Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!
Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future. If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.
Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future. If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.
Well, 2GBP meant a 20% increase then.
Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!
Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future. If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.
Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future. If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.
Well, 2GBP meant a 20% increase then.
Even funnier when looking at my celebration above when it went up by another £2 in only 6 days to £12 whereas today it went up £12 in just over 12 hours!
Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future. If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.
Quite astounding really and though I'd be less surprised to see a significant downturn than back then I'm just as if not more confident in Bitcoin's future. If bitcoin is to be distributed enough for it to be common for someone to pay for their coffee or pizza when we happen to have come out without change (maybe in many places that don't offer car payments - or do so but only with a 50p charge) the price needs to go up by an enormous amount more - especially if a high proportion of it is for a long while going to be held onto by speculators and savers.
1 BTC ~=£100
£100
£100
Last price:£10.52600
High:£12.31018
Low:£9.95680
High:£12.31018
Low:£9.95680
£12.4
£13.4
Last price:£10.52600
High:£12.31018
Low:£9.95680
High:£12.31018
Low:£9.95680
£12.4
Last price:£10.52600
High:£12.31018
Low:£9.95680
High:£12.31018
Low:£9.95680
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