Bitcoin will hit $50 this month. - page 2.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: RodeoX on March 06, 2013, 11:22:20 AM

Quote from: blackreplica on March 06, 2013, 11:08:23 AM

Morblias, you could be right there.

I live in timezone GMT + 8. During daylight hours over here is when i observe the greatest increase in price (considering past few days). When i woke up it was almost $45 and now before I sleep its already close to $50. All this demand could be coming from China which is smack in my time zone. Only question is how come now, and all at once? Was there some huge Chinese news on the bitcoin runup recently?

If it is coming from China, that could be interesting. There are many intriguing possible actors. Cool

Yep.

https://bitcointalksearch.org/topic/m.1589309

onealfa

full member

Activity: 235

Merit: 100

Quote from: LoweryCBS on March 06, 2013, 11:01:11 AM

Good god, somebody please hack somebody, scam some coins, something - this is insane. Slow this train DOWN!

hmmm... WHY do you say this Huh

$49.099 a while ago.... Hello FIFTIES !!!

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: blackreplica on March 06, 2013, 11:08:23 AM

Morblias, you could be right there.

I live in timezone GMT + 8. During daylight hours over here is when i observe the greatest increase in price (considering past few days). When i woke up it was almost $45 and now before I sleep its already close to $50. All this demand could be coming from China which is smack in my time zone. Only question is how come now, and all at once? Was there some huge Chinese news on the bitcoin runup recently?

If it is coming from China, that could be interesting. There are many intriguing possible actors. Cool

blackreplica

full member

Activity: 224

Merit: 100

Morblias, you could be right there.

I live in timezone GMT + 8. During daylight hours over here is when i observe the greatest increase in price (considering past few days). When i woke up it was almost $45 and now before I sleep its already close to $50. All this demand could be coming from China which is smack in my time zone. Only question is how come now, and all at once? Was there some huge Chinese news on the bitcoin runup recently?

Morblias

hero member

Activity: 576

Merit: 500

Quote from: blackreplica on March 06, 2013, 11:00:50 AM

Anyone else out there thinking what I'm thinking? This kind of buying activity and accumulation in the last week didn't just come out of nowhere. I'm thinking it's insider information. Big players are starting to collect in anticipation of big news? I'm betting that if I'm right, it has something to do with the Gox-Coinbase thing

We are hitting 50 too quickly. It's already broken the exponential growth trend observed the past few months

I'm thinking this had something to do with it:

https://twitter.com/KimDotcom/status/308615839974817793

https://twitter.com/KimDotcom/status/308617409311432706

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Is someone making big buys in Europe? It seems like these spikes are happening overnight for us in the U.S.

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

Good god, somebody please hack somebody, scam some coins, something - this is insane. Slow this train DOWN!

blackreplica

full member

Activity: 224

Merit: 100

Anyone else out there thinking what I'm thinking? This kind of buying activity and accumulation in the last week didn't just come out of nowhere. I'm thinking it's insider information. Big players are starting to collect in anticipation of big news? I'm betting that if I'm right, it has something to do with the Gox-Coinbase thing

We are hitting 50 too quickly. It's already broken the exponential growth trend observed the past few months. Either theres a good reason for this (and we don't know it yet, but soon will) or there isn't, and we risk a correction)

twolifeinexile

full member

Activity: 154

Merit: 100

Quote from: piramida on March 06, 2013, 10:54:09 AM

All investments I know of which grow 10% per day end up with disaster. I don't like this rate. 1% per day was much more sustainable

Even 1% is crazy enough, if you calc it 365 days, that is up 37 times in one year. Is there any investment like that which is not poped up?

samson

legendary

Activity: 2097

Merit: 1070

Quote from: piramida on March 06, 2013, 10:54:09 AM

All investments I know of which grow 10% per day end up with disaster. I don't like this rate. 1% per day was much more sustainable

I'm in agreement here, if it doesn't level off there could be a big correction.

Pteppic

member

Activity: 110

Merit: 10

Oh, come on. I was actually doing some work for 10 mins there. How am I supposed to concentrate when I look up and find I just made another month's salary Tongue

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

All investments I know of which grow 10% per day end up with disaster. I don't like this rate. 1% per day was much more sustainable

Timep34

newbie

Activity: 39

Merit: 0

Looks like it might hit $50 today, crazy!

blackreplica

full member

Activity: 224

Merit: 100

We're one dollar away from hitting 50

Seems like its been gaining about 10% day on day the past few days pretty consistently.

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Freaking jumped by another $5 overnight again Grin

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Nesetalis on March 06, 2013, 05:30:23 AM

Quote from: Jrock on March 06, 2013, 05:14:32 AM

It's funny how many people that were much more wealthy then I am to invest in Bitcoin and not a single one of them did.

A lot of them I told back when coins were going for about 4.50$ each.

Why do my friends never listen to me?

I know, right? room mate was talking about it in december, back when the price was around 11-12$...

David Morgan repeatedly says something along the lines of: "Many people never buy at the bottom or when the price is low, they will make the decision and then hesitate and stand on the sidelines until the price goes up a lot. Only then they buy". (not exact quote).

phatsphere

hero member

Activity: 763

Merit: 500

personally, i have a "doubling" theory. all major prices so far are around powers of 2 minus 1. so, if this is true, next ATH is 63.

Mageant

legendary

Activity: 1145

Merit: 1001

Quote from: Jrock on March 06, 2013, 05:14:32 AM

It's funny how many people that were much more wealthy then I am to invest in Bitcoin and not a single one of them did.

A lot of them I told back when coins were going for about 4.50$ each.

Why do my friends never listen to me?

I had the same thing.

I've been telling some friends and family of mine since early 2012 at least.

They said it was "too risky".

Meanwhile, the price is up 9 times it was then.

Nesetalis

sr. member

Activity: 420

Merit: 250

Quote from: Jrock on March 06, 2013, 05:14:32 AM

It's funny how many people that were much more wealthy then I am to invest in Bitcoin and not a single one of them did.

A lot of them I told back when coins were going for about 4.50$ each.

Why do my friends never listen to me?

I know, right? room mate was talking about it in december, back when the price was around 11-12$... but he never did. Then when the price hit 27$ he kicked himself.. but he still didn't buy in.. now that its hit 47... hes just quiet. Tongue

I told so many people "the price is probably going to spike after december... get in now." Not one person did XD

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: Jrock on March 06, 2013, 05:14:32 AM

It's funny how many people that were much more wealthy then I am to invest in Bitcoin and not a single one of them did.

A lot of them I told back when coins were going for about 4.50$ each.

Why do my friends never listen to me?

Same goes for most all of us on this forum I imagine. The good news is its not too late to get in.

Topic: Bitcoin will hit $50 this month. - page 2. (Read 7771 times)