Topic: What is up with this rapid climb in price? (Read 2669 times)
Why? Bitcoin is still extremely undervalued.
Yesterday, BTC was valued 9.5 USD/BTC.
Last night it reached a high of 11 USD/BTC.
This morning it was 14.2 USD/BTC.
What is up with this?
The entire Bitcoin economy is going to crash. Any day now.
Last night it reached a high of 11 USD/BTC.
This morning it was 14.2 USD/BTC.
What is up with this?
The entire Bitcoin economy is going to crash. Any day now.
Bold words! I highly doubt it...
Does anyone have any idea why price climbed up so rapidly?
Yes, everyone who bought bitcoins today.
it's easy to explain
Gawker made an article
many picked it up
made blog posts
things happened
many now know how to buy drugs with bitcoins, horay!
Gawker made an article
many picked it up
made blog posts
things happened
many now know how to buy drugs with bitcoins, horay!
With the new increase/bubble, we're looking at almost 100 million USD in bitcoins that have been made(granted some have been deleted)..Thats just insane!
Does anyone have any idea why price climbed up so rapidly?
Yes, everyone who bought bitcoins today.
Well there's the Silk Road Gawker article, but that would be giving Gawker and Adrien Chen FAR too much credit. To me it looks like what generally happens when bitcoin passes these hurdles: it doesn't just clear the $10 mark, it soars!
Does anyone have any idea why price climbed up so rapidly?
I hope China starts mining in a big way. I would love to be able to buy bitcoins with RMB.
Why does china need to mine to buy bitcoins in RMB? What you need is for someone in china to set up an exchange.
I hope China starts mining in a big way. I would love to be able to buy bitcoins with RMB.
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What is up with this thread in the wrong section?
Hey, who died and made you the Thread Police?
It's quite interesting to the majority of posters in this sub-forum -- hence it belongs here. The price of Bitcoin has everything to do with mining.
What is up with this thread in the wrong section?
It's just there is a huge media blitz going on right now and a lot of speculation. There are a ton of people from Reddit that just came in recently to buy, a bunch of them were on #bitcoin-otc last night. Also, in China people are starting to search for Bitcoin to get around their country's inflation issues.
Keep in mind the price fell once from $8.5 to $5.5, prior to that it fell from $1.22 to $.65, and prior to that $.50 to $.18. The price can and will fall, so if you are buying on speculation, expect to be holding on emotion.
Keep in mind the price fell once from $8.5 to $5.5, prior to that it fell from $1.22 to $.65, and prior to that $.50 to $.18. The price can and will fall, so if you are buying on speculation, expect to be holding on emotion.
Um...I already started a thread about this.
Before you. (No offense)
Before you. (No offense)
Where is kiba when you need him?
Bubble!
Bubble!
Oh, sorry guys, while you were asleep I bought up several thousand bitcoins just for shits and giggles.
Sorry about running the market up.
Sorry about running the market up.
It will gonna crash if everybody does sell every single bitcoin that they own.
Yesterday, BTC was valued 9.5 USD/BTC.
Last night it reached a high of 11 USD/BTC.
This morning it was 14.2 USD/BTC.
What is up with this?
The entire Bitcoin economy is going to crash. Any day now.
Last night it reached a high of 11 USD/BTC.
This morning it was 14.2 USD/BTC.
What is up with this?
The entire Bitcoin economy is going to crash. Any day now.
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