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Topic: Tired of 140$ - page 5. (Read 9589 times)

sr. member
Activity: 350
Merit: 250
September 15, 2013, 09:37:20 AM
#37

Say's who? Coindesk? Bitstamp? BTC-E?


Average of all major exchangers (including gox).
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
September 15, 2013, 09:25:38 AM
#36
mt.gox is no longer a refence for bitcoin price.
We are currently at 130.7 usd / btc and we never reached 140 this month.

Did you make a typo?

Say's who? Coindesk? Bitstamp? BTC-E?

Quote
You are right, but what good is that? ya you can put bitcoins in and get bitcoins out but who cares? What good does that do you. People use an exchange to exchange

Some of us only put bitcoins in, and only take bitcoins out. If I see at $200 on gox and it drops to $100 at which point I buy back, I withdraw BTC, just like I deposited BTC.

sr. member
Activity: 392
Merit: 250
September 15, 2013, 07:22:50 AM
#35
mt.gox is no longer a refence for bitcoin price.
We are currently at 130.7 usd / btc and we never reached 140 this month.

Did you make a typo?
hero member
Activity: 886
Merit: 1013
September 15, 2013, 05:19:03 AM
#34
Somehow I sense the build up of idiot noobs (again) who want to strike it rich quickly. These dumbfucks don't have patience and If they reach the critical mass they create crashes.

I don't believe in any individual manipulating the market but the exceptionally greedy ones running out of patience.

Having said that I don't (and didn't ever) see any crashes malicious to bitcoin itself (the protocol itself still works and it's still one of the most amazing software out there). The ones who cast bitcoin aside because of volatility doesn't understand the concept of a maturing market or software development.

The bitcoin experiment already shows clearly one thing: most of the people are amazingly stupid.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 13, 2013, 09:41:52 PM
#33
"Tired of 140$"

LOL

I hope the price stays here for a while. Build a base and then slowly go up.

1 year ago we were at $11-$12.

So 140$ isn't that boring. But in the end $ are essentially worthless based purely on how they are created (mostly in the digital form via banks).

 Smiley
full member
Activity: 130
Merit: 100
September 13, 2013, 07:19:38 PM
#31
Be sure to be tracking bitstamp's price.

http://bitcoinity.org/markets/bitstamp/USD

Mtgox price is distorted ATM Sad
sr. member
Activity: 378
Merit: 250
September 13, 2013, 07:16:51 PM
#30
Sure go the blockchain and hit send money and then put 1 in the btc field that is the price. ( hint it aint gox price)

bitcoinaverage.com  notice how there is a link to ignore mt gox there is a reason for that.

here is another price source preeve.com

go to silk road and see what one bitcoin is worth

go to bitmit and see what one coins is worth.

Mt. gox is a manipulated market because you cant get funds in or out

Indeed... and at my local BTC dealer (caVirtex Smiley) the price is at around 128$ and holding...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 13, 2013, 05:49:11 PM
#29
Quote
Bitcoin is supposed to me money. Money needs to have a stable price so you know that your money will buy tomorrow what it buys today.
+100500

Sounds like new, voluntary, free market money is too volatile for you guys. Stick to fiat and check back in 10-40 years when the market has had some time to mature.

Ohhhhhh you two nubs got totally schooled!    Cheesy
legendary
Activity: 2100
Merit: 1000
September 13, 2013, 05:16:40 PM
#28
I think, by looking at the weekly charts, there should be movement next week.

agree..
and I think I know where it is going... perhaps even moving earlier than next week
hero member
Activity: 952
Merit: 502
SAPG Pre-Sale Live on Uniswap!
September 13, 2013, 05:10:36 PM
#27
Quote
Bitcoin is supposed to me money. Money needs to have a stable price so you know that your money will buy tomorrow what it buys today.
+100500
legendary
Activity: 966
Merit: 1000
September 13, 2013, 04:10:57 PM
#26
Mt. gox is a manipulated market because you cant get funds in or out

Correct me if I'm wrong but isn't it only fiat that you can't get out of mtgox?

You are right, but what good is that? ya you can put bitcoins in and get bitcoins out but who cares? What good does that do you. People use an exchange to exchange
legendary
Activity: 966
Merit: 1000
September 13, 2013, 04:08:52 PM
#25
Why doesn't everyone on the exchanges just list thier BTC over 200 bux for a week?

Because you will never get everyone to agree.

but the drug addicts will still need to buy their coins for SR.

drug attics dont appreciate it when the bags are skippy. Let them buy coin at 200 and it drop to 150 by the time they complete their order and they will say fuck bitcoin too.

Bitcoin is supposed to me money. Money needs to have a stable price so you know that your money will buy tomorrow what it buys today.
legendary
Activity: 2212
Merit: 1008
September 13, 2013, 03:20:27 PM
#24
Why doesn't everyone on the exchanges just list thier BTC over 200 bux for a week?

Because you will never get everyone to agree.

but the drug addicts will still need to buy their coins for SR.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
September 13, 2013, 03:14:40 PM
#23
Well, almost 2 days now, we stagnate at 140$.  There's a jump once in a while to 145, and then it get all the way down to 140$.  It is as if someone is trying to control the price.

The point is that if it does that for too long, who will want to buy?  Each time there's an incentive for price to go up, it's a dead shot in the water...

"Stagnation" at $140? Seriously? We've come so far, some of us are THRILLED to be at one price for more then a couple hours. Let it lay like this for a week or two still and I'll be happy.

Quote
The point is that if it does that for too long, who will want to buy?

More people then who will want to buy if the price goes from $140 to $200 to $60, thats for sure. Boring is safe is good is profitable is sustainable. Be happy! No crashes! (for now)
legendary
Activity: 1372
Merit: 1000
--------------->¿?
September 13, 2013, 03:07:47 PM
#22
Mt. gox is a manipulated market because you cant get funds in or out

Correct me if I'm wrong but isn't it only fiat that you can't get out of mtgox?
hero member
Activity: 715
Merit: 500
September 13, 2013, 03:03:13 PM
#21
Sure go the blockchain and hit send money and then put 1 in the btc field that is the price. ( hint it aint gox price)

bitcoinaverage.com  notice how there is a link to ignore mt gox there is a reason for that.

here is another price source preeve.com

go to silk road and see what one bitcoin is worth

go to bitmit and see what one coins is worth.

Mt. gox is a manipulated market because you cant get funds in or out

Yep, and there has been roughly a 10% arbitrage opportunity between Gox and all other exchanges for the past two months. It's not converging. That says quite a bit.
legendary
Activity: 966
Merit: 1000
September 13, 2013, 02:50:48 PM
#20
Sure go the blockchain and hit send money and then put 1 in the btc field that is the price. ( hint it aint gox price)

bitcoinaverage.com  notice how there is a link to ignore mt gox there is a reason for that.

here is another price source preeve.com

go to silk road and see what one bitcoin is worth

go to bitmit and see what one coins is worth.

Mt. gox is a manipulated market because you cant get funds in or out
hero member
Activity: 486
Merit: 500
September 13, 2013, 02:44:39 PM
#19
Doesnt matter what mt gox says that is not a real price. You need to be looking at bitstamp or campbx for the real rate

Explain how Mtgox is not the real price?
legendary
Activity: 966
Merit: 1000
September 13, 2013, 02:39:36 PM
#18
Doesnt matter what mt gox says that is not a real price. You need to be looking at bitstamp or campbx for the real rate
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