Author

Topic: It's official, BTC is $500 on MtGox exactly at 5:47 AM CST (Read 1896 times)

full member
Activity: 224
Merit: 100
Bitcoin have broken the $600 mark ,,this is crazy in short. My question is "Who is buying all the bitcoins?"

It has to be the Chinese people.... no body on earth would have such high impact...
full member
Activity: 144
Merit: 100
We're Going to 1 000 000 in 1 month lol
1 trillion in 5 months
So, you ain't seen nothing yet
sr. member
Activity: 259
Merit: 250
And it is hitting $650 soon...
sr. member
Activity: 308
Merit: 250
ancap
600 was Kaiser's first short-term target. I think five digits are quite possible once we enter mania-phase which is probably located @ around 3000's. So, you ain't seen nothing yet.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Bitcoin have broken the $600 mark ,,this is crazy in short. My question is "Who is buying all the bitcoins?"

Judging from the fact that my facebook inbox is filled with people asking me about bitcoin, I'd say it's people in masse.
newbie
Activity: 30
Merit: 0
Bitcoin have broken the $600 mark ,,this is crazy in short. My question is "Who is buying all the bitcoins?"
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
The rest of the exchanges will probably bust $600 today, this is insane!
hero member
Activity: 541
Merit: 500
Garbochock
600$ on gox!  Grin


Just don't be to hyped about it, as any bubble it will burst in time.
Party pooper!  Sad

No, not really Smiley I'm just realistic, we all know that at least 90% of all bitcoins trades are done solely for "shady" businesses, what will happen if Bitcoin reaches, some magic number of 10.000$ ( that most people here hope it will ). I'm atm holding some 60BTC that I keep just to trade ( buy low, sell high ), that is the amount i am willing to risk. What do you thing will happen when price goes to even few K? Everyone will start to cashout, If you are not lucky enough to be in the top few % who will sell for that you will lose. And keep in mind that someone has to be willing to pay that amount for 1 BTC Smiley
It could be that way, so I hope at the time when 1 bitcoin goes for 10.000$ there will be a bitcoin economy big enough to handle a cash out from all speculators! Smiley
full member
Activity: 173
Merit: 101
Just don't be to hyped about it, as any bubble it will burst in time.
Party pooper!  Sad

No, not really Smiley I'm just realistic, we all know that at least 90% of all bitcoins trades are done solely for "shady" businesses, what will happen if Bitcoin reaches, some magic number of 10.000$ ( that most people here hope it will ). I'm atm holding some 60BTC that I keep just to trade ( buy low, sell high ), that is the amount i am willing to risk. What do you thing will happen when price goes to even few K? Everyone will start to cashout, If you are not lucky enough to be in the top few % who will sell for that you will lose. And keep in mind that someone has to be willing to pay that amount for 1 BTC Smiley
hero member
Activity: 541
Merit: 500
Garbochock
Just don't be to hyped about it, as any bubble it will burst in time.
Party pooper!  Sad
member
Activity: 70
Merit: 10
umad?
Bitcoins are like partyhats on runescape. They go so much higher the anyone think. Wink
full member
Activity: 173
Merit: 101
Just don't be to hyped about it, as any bubble it will burst in time.
legendary
Activity: 2184
Merit: 1011
Franko is Freedom
Good work BTC!
sr. member
Activity: 378
Merit: 250
Wow nice, now LTC is going to go up too...
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
a little milestone for BTC  Smiley
hero member
Activity: 518
Merit: 521
Lucky me, I was too busy farting around to sell my 0.2 BTC yesterday.  Cry
newbie
Activity: 22
Merit: 0
To the moon Alice!!
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