[Vettezuki]

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

[Vettezuki]

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]

Originally Posted by Vettezuki

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]

Up over $700 now. . .

[Shaolin Crane]

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

[Vettezuki]

Originally Posted by Shaolin Crane

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

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]

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

[Vettezuki]

Roger.

[blackax]

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]

Originally Posted by blackax

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.