what did I miss 
?
?http://web.ku.edu/~edit/affect.html
Topic: What effects the value of bitcoins? - page 2. (Read 3117 times)
Supply and demand, where supply is inelastic and demand increases with number of users. The prospect of continouous appreciation adds to the demand.
As uncertainty over whether Bitcoin will survive longterm subsides the #1 determining factor will be how many people are currently interested in Bitcoin. As more people learn about it the price will continue rising (barring the encryption being catastrophically broken).
Just for other thought. Is this the week dwolla completely pulls use for exchanges? I've been trying to keep up with bitcoins and the world but the last time I saw this high was when MtGox stopped paying out in U.S.D.
If bitcoins are anything like gas prices they'll hit some point and people will start riding bikes to work and they will have to come down.
If bitcoins are anything like gas prices they'll hit some point and people will start riding bikes to work and they will have to come down.
I had to ask since I'm not quite clear if the bitcoin to U.S.D is because more are using bitcoins or less are using bitcoins.
I was thinking about buying something and they want payment in static bitcoin price (same price regardless of local conversion) and went "wow!!!" ,what did I miss?
I was thinking about buying something and they want payment in static bitcoin price (same price regardless of local conversion) and went "wow!!!" ,what did I miss
?Pump and hold, if everyone do that it will be $10,000 in no time..
Large scale pump and dump? 
You really want a full explanation on economics here ^^? Go read up a paper, that'll do more good. Bitcoins are just another currency, so (most of the) general economic laws are in effect here.
Economics.
I had to ask since I'm not quite clear if the bitcoin to U.S.D is because more are using bitcoins or less are using bitcoins.
I was thinking about buying something and they want payment in static bitcoin price (same price regardless of local conversion) and went "wow!!!" ,what did I miss?
I was thinking about buying something and they want payment in static bitcoin price (same price regardless of local conversion) and went "wow!!!" ,what did I miss
?I think a lot of it has to do with speculation and day trading. The more people who use it the higher it could go, but there's a lot more factors involved than just the number of people using it.
I had to ask since I'm not quite clear if the bitcoin to U.S.D is because more are using bitcoins or less are using bitcoins.
I was thinking about buying something and they want payment in static bitcoin price (same price regardless of local conversion) and went "wow!!!" ,what did I miss?
I was thinking about buying something and they want payment in static bitcoin price (same price regardless of local conversion) and went "wow!!!" ,what did I miss
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