Topic: [2014-05-23] Bitcoin Buoyant as Price Surges Past $500 (Read 1045 times)
I agree it's becoming reasonably stable "perhaps due to increased investments and holders?". it still makes enough movement to make it quite volatile "and might potentials for large future growth"
Well that and having Budweiser accepting Bitcoin MIT as well and coinbase along with other things are starting to remove the bad taste gox left
Anyways happy to see the uptick myself
Anyways happy to see the uptick myself
The Budweiser thing was not important, and I really doubt whether it had any impact on the exchange rates. The MIT initiative, as well as the Bitpay fundraising, on the other hand received widespread media coverage.
It's part of the overall combined effect I agree it was not as important but it did help
If I was to be technical I would also have to add that coinbase giving 10 dollars to any top 500 university student with a .edu address helps to promote it.
Well that and having Budweiser accepting Bitcoin MIT as well and coinbase along with other things are starting to remove the bad taste gox left
Anyways happy to see the uptick myself
Anyways happy to see the uptick myself
The Budweiser thing was not important, and I really doubt whether it had any impact on the exchange rates. The MIT initiative, as well as the Bitpay fundraising, on the other hand received widespread media coverage.
I think there is a network effect in the bitcoin world, the more people will use it the higher the value. Its a matter of time
Well that and having Budweiser accepting Bitcoin MIT as well and coinbase along with other things are starting to remove the bad taste gox left
Anyways happy to see the uptick myself
Anyways happy to see the uptick myself
The Budweiser thing was not important, and I really doubt whether it had any impact on the exchange rates. The MIT initiative, as well as the Bitpay fundraising, on the other hand received widespread media coverage.
I wouldn't get too excited yet. Can easily go back the opposite way.
At the end of the year it will be +/- $2k;)
put your money where your mouth is!do you want to sign a contract to buy BTC for $2000 at yr end???
https://bitcointalksearch.org/topic/m.6877038
https://bitcointalksearch.org/topic/m.6877073
Finally we are seeing some uptick. That means that the Mt Gox effect is starting to wean off. I think that the Investments from Li Ka Shing and Branson have fueled this upward march.... let's see how much it will last.
Well that and having Budweiser accepting Bitcoin MIT as well and coinbase along with other things are starting to remove the bad taste gox left
Anyways happy to see the uptick myself
At the end of the year it will be +/- $2k;)
put your money where your mouth is!do you want to sign a contract to buy BTC for $2000 at yr end???
At the end of the year it will be +/- $2k;)
put your money where your mouth is!do you want to sign a contract to buy BTC for $2000 at yr end???
At the end of the year it will be +/- $2k;)
Finally we are seeing some uptick. That means that the Mt Gox effect is starting to wean off. I think that the Investments from Li Ka Shing and Branson have fueled this upward march.... let's see how much it will last.
http://www.coindesk.com/bitcoin-buoyant-price-surges-past-500-mark/
All these factors contributed to a massive price slide earlier this year. However, for all the talk of bitcoin volatility and hype-fed bubble, the price has remained relatively stable since the slump.
A month ago the price stood at $484, a month before that it was at $564 and on February 22 it was $604. Compared to national currencies, these are still significant swings, but they pale in comparison to what the market went through in November and December.
All these factors contributed to a massive price slide earlier this year. However, for all the talk of bitcoin volatility and hype-fed bubble, the price has remained relatively stable since the slump.
A month ago the price stood at $484, a month before that it was at $564 and on February 22 it was $604. Compared to national currencies, these are still significant swings, but they pale in comparison to what the market went through in November and December.
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