and i guess 95% of the people back then cashed out at 10 $ 
yep, what a true ponzi scheme Bitcoin is! all those early adopters selling for $7.50 profit sure were the lucky ones!
Topic: First bubble? (Read 13523 times)
yep, what a true ponzi scheme Bitcoin is! all those early adopters selling for $7.50 profit sure were the lucky ones!
and i guess 95% of the people back then cashed out at 10 $
Think it's interesting to keep threads like this alive for hostorical purposes and for noobs to be able to look at history of btc and for research imo
I don't know why there is an unwritten rule about not bumping old threads.
I saw many got banned for it. I guess is up to if anyone report you and which moderator then resolve it.
Banned for it?!? What could be the justification for banning someone for bumping an old thread? Most new threads are meaningless. Old threads give us perspective
I know some got banned. I guess because of unwritten rule. Since is not written. When you get banned they dont explain you why you were exactly. But that guy bumped 2 year old thread last.
And to add it how bizarre this was i can also say, that thread was in Off topic.
50 BC = $2.50? Surely this isn't sustainable even at the current difficulty 
Then again, all about supply and demand. If this is what the market demands, then go get your PCs ready, cause there's a gold rush in town!
Then again, all about supply and demand. If this is what the market demands, then go get your PCs ready, cause there's a gold rush in town!
OMG 2.50 for 1 block! This is too much! I'm not buying!
50 BC = $2.50? Surely this isn't sustainable even at the current difficulty
Then again, all about supply and demand. If this is what the market demands, then go get your PCs ready, cause there's a gold rush in town!
Then again, all about supply and demand. If this is what the market demands, then go get your PCs ready, cause there's a gold rush in town!
OMG 2.50 for 1 block! This is too much! I'm not buying!
I don't know why there is an unwritten rule about not bumping old threads.
I saw many got banned for it. I guess is up to if anyone report you and which moderator then resolve it.
Banned for it?!? What could be the justification for banning someone for bumping an old thread? Most new threads are meaningless. Old threads give us perspective
How shocked it is to look backwards. 
Very shocked. I don't know why there is an unwritten rule about not bumping old threads. They're fascinating
I first thought OP was about BlackCoin (BC) but mods don't encourage bumping old threads apparently
I don't know why there is an unwritten rule about not bumping old threads.
I saw many got banned for it. I guess is up to if anyone report you and which moderator then resolve it.
How shocked it is to look backwards.
Very shocked. I don't know why there is an unwritten rule about not bumping old threads. They're fascinating
Nice you are only 2 years late.
How shocked it is to look backwards.
Very shocked. I don't know why there is an unwritten rule about not bumping old threads. They're fascinating
How shocked it is to look backwards.
Look out, another bubble?! What's old is new again!
.08 was, if not a bubble, a spike, since it is down to .05 now. I'm betting on it going down a bit more before it starts climbing again.
(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
I wonder if he sold those 200 coins for $6000 at the top of the last bubble... or doubled his money at .10 (of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
true, I guess we find out on Monday if it is going to go up, down, or stay the same. I predict a fall to about 2 or 3 cents before a more gradual climb resumes.
Click on the Market tab and then click the double triangles next to the Price heading.
how do I find that? I have been browsing the market kind of obsessively today. I have noticed that trade volume is down significantly from yesterday, which I think means price will decrease, for a bit.
The high and low price doesn't update while the market is closed, but offers still get listed and you can sort them by price which allows you to see the high and low price.
.08 was, if not a bubble, a spike, since it is down to .05 now. I'm betting on it going down a bit more before it starts climbing again.
(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
When comparing spikes, don't compare closing prices to opening prices. There are benefits to being the lowest/highest offer when the market opens. For example, right now the high bid is $0.10 and the low ask is $0.05, which will result in a trade at $0.75, which is better than either person's bid or ask. Now suppose there was a bid at $0.99, and after the market opened, someone offered an ask for $0.99. He didn't get the first trade and ends up spending more money than the person who had a higher bid at the beginning of the day. The same is true for an ask of $0.049 that goes through at that price. If he had gotten the higher bid, he could have gotten about $0.75, but instead he only ends up getting $0.49.(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
And there goes my trading advantage.
Don't never say I ain't never not given you nothin'. 
I may be reading the page wrong, but it looks to me like the bid is .05 and the ask is .055555 (at least on paypal, which was what I was looking at before)
I understand what you are saying about an advantage of being the opening trade, would this be something which was likely to drive the price of bitcoins in dollars up or down though?
(edit) so looking at the trading data the opening bid was, indeed, .1 how did you know that?
.08 was, if not a bubble, a spike, since it is down to .05 now. I'm betting on it going down a bit more before it starts climbing again.
(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
When comparing spikes, don't compare closing prices to opening prices. There are benefits to being the lowest/highest offer when the market opens. For example, right now the high bid is $0.10 and the low ask is $0.05, which will result in a trade at $0.75, which is better than either person's bid or ask. Now suppose there was a bid at $0.99, and after the market opened, someone offered an ask for $0.99. He didn't get the first trade and ends up spending more money than the person who had a higher bid at the beginning of the day. The same is true for an ask of $0.049 that goes through at that price. If he had gotten the higher bid, he could have gotten about $0.75, but instead he only ends up getting $0.49.(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
And there goes my trading advantage.
Don't never say I ain't never not given you nothin'.
.08 was, if not a bubble, a spike, since it is down to .05 now. I'm betting on it going down a bit more before it starts climbing again.
(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
(of course, I'm only planning on buying like 10 dollars worth of bitcoins anyways, so it's not a real momentous decision)
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