Topic: Why $17? Because this is happening... - page 5. (Read 9089 times)
I think that the point was not that this particular company is especially significant but that we see this happening pretty much every day. Ever since WordPress hopped on board, the rate of new Bitcoin accepting merchants and organizations accepting Bitcoin donations has increased significantly.
Sorry for my ignorant. How big is this company?
It's listed as "1-10 employees" on LinkedIn. So yeah, Mom and Pop shop.
Actually this may have something to do with it :
Bitcoin is being driven by financials not by retail, I say.
Bitcoin is being driven by financials not by retail, I say.
I think its because there has been a steady price rise, and hasn't been a major price crash in a while....people are trying to jump in before the bubble pops.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
The more merchants accept bitcoin, the more "money" stays within the BTC system. So it seems that this rise may be sustainable. On the other hand a 50% price increase within a month cries out for a correction.
I doubt that the number of merchants accepting bitcoins increased proportionally with the price of bitcoin. I'd be interested in a #BTCmerchants/#BTCprice ratio graph over time. But that would require someone to measure #BTCmerchants accurately.
An upward move has to be sustained by a rise of perceived total value:
totalvalue = #people * averagevalue
Now this may be my opinion, but a 50% increase in perceived average value is significant. Unless there is a big investor sucking the coins from the market, and hence increasing the perceived average value, its rather the #people figure which makes the difference. And increases due to #people are subject to a correction due to inflation, because an increased amount of coins covers the same wealth, crippling the average value.
As long as we don't understand what causes these increases your guess is as good as mine. I wouldn't be surprised if it soars above $20 and then stays there for 4 months, before it makes another jump.
Sorry for my ignorant. How big is this company?
Viva la revolution!
I think its because there has been a steady price rise, and hasn't been a major price crash in a while....people are trying to jump in before the bubble pops.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
The more merchants accept bitcoin, the more "money" stays within the BTC system. So it seems that this rise may be sustainable. On the other hand a 50% price increase within a month cries out for a correction.
I doubt that the number of merchants accepting bitcoins increased proportionally with the price of bitcoin. I'd be interested in a #BTCmerchants/#BTCprice ratio graph over time. But that would require someone to measure #BTCmerchants accurately.
The Bitcoin revolution is coming! Halayluya! (however you spell it 
)
) I think its because there has been a steady price rise, and hasn't been a major price crash in a while....people are trying to jump in before the bubble pops.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
The more merchants accept bitcoin, the more "money" stays within the BTC system. So it seems that this rise may be sustainable. On the other hand a 50% price increase within a month cries out for a correction.
I doubt that the number of merchants accepting bitcoins increased proportionally with the price of bitcoin. I'd be interested in a #BTCmerchants/#BTCprice ratio graph over time. But that would require someone to measure #BTCmerchants accurately.
Damn that didn't take long lol
Because I already Posted it 3 hours ago.
https://bitcointalksearch.org/topic/2013-01-23-virtual-strategy-gogreensolar-provides-bitcoin-access-to-solar-energy-138230
Goggle Alert is faster than you.
what is the key word do you set in the Google Alert, just "bitcoin" or something more?
I think its because there has been a steady price rise, and hasn't been a major price crash in a while....people are trying to jump in before the bubble pops.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
I'm betting we will continue to see the price soar, followed by a major crash sometime this year.
Could it be bASIC buying up coins to issue "thousands of refunds?"
I think it has got fuk all to do with that unless you can show me how many websites have taken on bit coin payment in the last few months. I think it has more to do with the currency wars being waged a the moment and becoming now known in main stream media news. people looking for other safe havens "currencies" to invest in. Fiat currency values is gonna go to shit. . And people wanna get the fuck out. The insane amount of printing is gonna make fiat currencies reall fucken worhless reall soon or at least undergo a huge fucken devaluation.
Could it be that the reward dropped?
Since early January, about 10'000 BTC have been melting away every day from the walls on the selling side. Maybe someone wants to get 210'000 BTC, thus owning 1% of all Bitcoins that will ever be created. Would certainly be a nice number. If that's the case, the rally is over now (about 21 days have passed). However, if it continues, we will see 1 BTC = $20 by the end of the week.
Maybe someone knows that something is going to happen, and that there are not many places to hide:
More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks
More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks
Dollar is a closed system, it will circulate back, all dollars are either Federal Reserve Credit or Bank Credit, there is no way it gets out. (Unless, cash, but 114 bn cash?)
Holy cow! Solar Panels for Bitcoin?! Finally! Now we just need someone to offer wind turbines for those of us who don't have the sunlight
LOL! VIVA LA REVOLUTION! VIVA!
Quote
Maybe someone knows that something is going to happen, and that there are not many places to hide:
More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks
More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks
LOL! VIVA LA REVOLUTION! VIVA!
Oh that is funny, I think I know how that company started getting into Bitcoins but I am not telling.
Maybe someone knows that something is going to happen, and that there are not many places to hide:
More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks
More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks
I wouldn't be surprised if the non-negative commentary on bitcoin in zerohedge a month or so ago attracted some bigger whales.
Zerohedge have good articles, but their prediction.....
You can not be worse.
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