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Vettezuki 04-01-2013 05:29 PM

And $100/BTC. It's replacing state currency in Cypress.

Vettezuki 04-03-2013 01:39 AM

Skyrocketing past $140 now. I know I'm probably talking to myself here, but we are seeing a very unique thing in the history of money. I'm not going to pretend to know where it's going, too many variables. But it is fascinating!

blackax 04-03-2013 09:12 AM

Quote:

Originally Posted by Vettezuki (Post 113025)
Skyrocketing past $140 now. I know I'm probably talking to myself here, but we are seeing a very unique thing in the history of money. I'm not going to pretend to know where it's going, too many variables. But it is fascinating!

I think bit coins are awesome and are a way forward if not "THE" way.

Right now I think the price is gonna fall to under 60 in a week or so kind of like it did last year, and that's the time if you don't have any is to get some! The price will be going back up.

Vettezuki 11-18-2013 02:15 PM

Up over $700 now. . .

Shaolin Crane 02-25-2014 09:43 PM

http://enews.earthlink.net/article/t...f-11e35f501969

Vettezuki 02-25-2014 10:27 PM

Quote:

Originally Posted by Shaolin Crane (Post 127335)

It was one of MANY exchanges representing not that much total volume. The gap will be filled and the services stronger in the wake.

Shaolin Crane 02-25-2014 10:40 PM

I don't care, I saw, I posted.

Vettezuki 02-25-2014 11:05 PM

Roger.

blackax 02-26-2014 10:58 AM

MT. Gox was a bigger exchange but I think the first round of speculators have now jumped out and this bubble has now gone bust. I still think the BTC will go on and the price will go back up.

Vettezuki 02-26-2014 11:24 AM

Quote:

Originally Posted by blackax (Post 127349)
MT. Gox was a bigger exchange but I think the first round of speculators have now jumped out and this bubble has now gone bust. I still think the BTC will go on and the price will go back up.

It was bigger among the exchanges, but I think total volume was <10%. It went bust to >$500 which is still way higher year over year. That shows resilience, not frailty.

It's not going anywhere. Even larger banks/firms are getting interested. It's a mechanism for payment transfer with essentially zero transaction costs and is fully/absolutely denationalized (no FOREX).

It has to stabilize more in basic value and expand in acceptance for payment of goods and services in the first place. This will probably be a long process, but it has all the basic markings of an excellent, true zero BS international money.


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