Bitcoin just hit a 1 billion dollar market capitalization!!
 

1 billlllliiiion dollars!!

http://img547.imageshack.us/img547/874/m6k5pth.png

People want to buy ~350k BTC
Available to sell ~50k BTC

There's 10 million USD buy orders on the main exchange, Mtgox.

Compared to the sell orders, mang we be going up again :karaoke

We'll see where it is by years end.

if you dont sell right now youre an ass. its at a peak

nice way to look at it, thanks! :thumbsup

:thumbsup

looking good





























































on paper

:1orglaugh

i like all the media hype pump, like buying house with bitcoints and etc....

This really is an amazing achievement!

Not to mention 5000 accounts not approved yet on gox.

Be on the lookout for the weekend dip

Holy crap

any day now...
http://i.gifeye.com/5351.gif

http://img401.imageshack.us/img401/6...ouscryptog.gif


.

1 post. 1 bitcoin . score!

:1orglaugh:1orglaugh:1orglaugh

ok, that's a fuckign classic right there! :thumbsup

Mine have gone up quite a bit. I am thinking of selling a few to get my money back and just riding the rest.

I wish I didn't sell all my bitcoins last year when it crashed to $1, :(

QFT :thumbsup

Only a Ponzi scheme charts like that. (There?s no revenue model; all growth comes from ?investors?. So this is a speculative bubble in its pure form. It?s not comparable to a startup company.)

When a Ponzi scheme crashes, it crashes fast, and it crashes all the way.

don't be too hard on yourself. no one can predict these things, especially after all their security mistakes.

There's a future for digital currency only if there is trust. Bitcoin is ripe for hyper-inflation. Hyper-inflation is not a financial event, it is a political/societal one.

You either have no clue what a ponzi scheme us or what Bitcoin is.

A great example of an extremely long running ponzi scheme was the Madoff Investment Scandal, dating back to the early 1990s. BitCoin by comparison is still young in comparison and whilst most pyramid and ponzi schemes are pump and dump affairs there?s no reason why they can?t operate under the guise of being legitimate for many years before the house of cards starts coming down.

It simple had nothing to do with a ponzi scheme. The only reason you think it does is because you obviously don't know how Bitcoin works.

Dirty F is completely correct. bitcoins cannot be a ponzi scheme.

fact is, there are multiple distribution spots/channels, no centralized distributor, the price is completely liquid and you can buy and sell at any time on any exchange you wish.

yep, you remember all the people on this board who had a laugh with bitcoin?
c'mon smart guys laugh it up now ahahaha

i still have
bitcoinvideos.com
bitcoinvod.com

for sale...

pm me

and as with bitcoin the prices have gone up accordingly.

.

bitcoin rocks :winkwink:

fact is that 1 billion of imaginary wealth was created, which is as real as the $$$ amounts on quarterly statements that Maddof sent to his investors... :2 cents:

it is like it in many ways though, maybe one person does not have control over it but it still is what people make it and it could tank just as easy. I sold mine at a 1400% profit so I am happy. Yeah I will cry if they double from today but still have to be happy either way.

franck finds out what a bitcoin is last week

and this week he's an expert?

lmfao

wow! i love these images

absolutely agree. that does not make it a ponzi scheme. the nyse runs on rumor, from what i've read, it's a gossip circle on wall street. in that sense, certainly the stock market is the same sort of exchange.

:)

I don't think you understand how the monetary system works... lol

Yeah well we all operate in imaginary dollars don't we ?
It's only numbers people give a value too. We'll see how it goes.

I don't know much about these, barely anything. But I remember at one time there was something about using processor power for mining. What was that all about? I have a lot of processing power sitting in my office. Does that still exist? If so, how does it work and is it worth setting up? I have a beefy i7 sitting here doing nothing most of the time.

And he cant stop talking about it either, Its like he found a new kind of fetish or something.

watch and learn.. next week there will be threads:

"Franck, how much of my life savings should i invest into bitcoins"

Today I cashed out my 401(k) and my Roth IRA based on Franck's advice. It's on.

my adult acne cleared up after reading Dirty F's 1st thread on bitcoin

This is where you short it, if you could.

http://i.imgur.com/KPz9Qeb.png

Mine came back! WTF?

What stage are we at now? I'd say right above "media attention"

Did you hear the joke about the bitcoin?

A bitcoins walks into a bitcoin, one bitcoins says to the other bitcoins. Bitcoin!!!!


ahahahahahha

And why shouldn't it be laughing matter?
I mean smart people will profit here from all the dumb people. Smart people sees that bitcoin value is based solely on how many dumb people will think its a "real" currency and so on.
Nobody says you can not make money from stupid things.

LOL you still have the domain names though so how can you be laughing? After you sell them for a high price and bitcoin crashes then I would understand but now...