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Topic: Price of bitcoin U$S 103.8 What are you doing? (Read 4306 times)

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Continuous Nut Kicking for a while  Grin
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
Reluctantly i must use that option so as to remind my self the costs of sleeping!
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
god damit !! i went to sleep just about to buy at 105 and wake to this ****!! Son of a ....
copper member
Activity: 1428
Merit: 253
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
I'd like to go on the record again saying that Bitcoin price increases are just getting started.
legendary
Activity: 2097
Merit: 1070
What's not right is the fact that there's not many sellers.

Look at the depth on the asks side.


upload a picture

If someone purchases 7200 BTC in the above scenario the price will rise to $109.

If someone then purchases another 5000 BTC they will pay nearly $120 for some of their Bitcoins even though the starting price was only $109.

This is what's not right and it will lead to nobody purchasing any more until the asks are filled.

If the asks remain unfilled then it's not valued correctly and I would expect some kind of correction to happen.

When the asks are like this I don't buy.
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
Feeling a lil un easy... something isnt right... what time the banks open in EU??
member
Activity: 115
Merit: 10
[deleted]
legendary
Activity: 1176
Merit: 1015
Just added a little more to my collection.  Grin

But otherwise....

http://www.youtube.com/watch?v=NG1qooBzE2w

I'm splitting my cold storage up into several wallets now that it is worth 10x what it was 6 months ago.  What a pain in the ass.

What's the best/safest way to do cold storage?

Paper wallet? Wallet.dat saved to CD-R & USB Media?

USB and CD-R all deteriorate badly over time, even if they are not used. The only way to preserve digital media is have multiple copies. I use cloud storage because its always on my computers and on a cloud server. Of course make sure its encrypted!
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Nut kicking as I don't want to buy them but do at the same time
legendary
Activity: 1820
Merit: 1000
I'm both holding like a mofo *and* kicking myself in the nuts for not accumulating a larger position during the nadir of the last crash.
full member
Activity: 126
Merit: 100
Had to sell some so I could buy a new fridge, which I cant afford otherwise. Still have a couple BTC though.
Speaking of cold storage...

He took it literally! Smiley

Hah, indeed! But at least I'm getting something I can most definitely use. Thanks bitcoin.
Cheers to you!
Maybe someday you can say you got a new fridge worth a few bitcoins and your kids will be like? OMG dad, did you seriously spend 12 bitcoins in a fridge? we could have two Ferraris with that! Tongue

Yeah, tell me about it. I'd certainly rather hold, but it sucks being poor. Hence the donation address in my signature. Smiley
copper member
Activity: 1428
Merit: 253
What? Huh No "hookers and blow" option?

Sorry, I decided btc has already enough bad publicity from SR to add hookers and related activities to it. Smiley
Therefore, I didn't include those options.
hero member
Activity: 784
Merit: 1000
What? Huh No "hookers and blow" option?
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
I wonder if the "kicking myself in the nuts" option is being voted because it's true, or because it's funny ?  Grin

ha im doing both buying, and kicking my self in the nuts! haha also wating for a bit of a dip too. gotta diversify.......

also diversify where i kick my self----- nuts, ass, head, wall..... haha  Grin
copper member
Activity: 1428
Merit: 253
Had to sell some so I could buy a new fridge, which I cant afford otherwise. Still have a couple BTC though.
Speaking of cold storage...

He took it literally! Smiley

Hah, indeed! But at least I'm getting something I can most definitely use. Thanks bitcoin.
Cheers to you!
Maybe someday you can say you got a new fridge worth a few bitcoins and your kids will be like? OMG dad, did you seriously spend 12 bitcoins in a fridge? we could have two Ferraris with that! Tongue
full member
Activity: 126
Merit: 100
Had to sell some so I could buy a new fridge, which I cant afford otherwise. Still have a couple BTC though.
Speaking of cold storage...

He took it literally! Smiley

Hah, indeed! But at least I'm getting something I can most definitely use. Thanks bitcoin.
full member
Activity: 224
Merit: 100
DigiByte Founder
I'm cashing out and throwing the BTC party of the Century! lol j/k
hero member
Activity: 609
Merit: 500
103.8 MHz is a radio station …
Is it?
I thought radio stations use odd decimals :/

In the US that's true, but I think (don't quote me) that I've seen even numbered decimals in other countries.
legendary
Activity: 1078
Merit: 1003
C'mooon dip!  I can't be a permabull if I don't have enough coins Tongue
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