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-   -   A bitcoin is now worth 200 dollars! (https://gfy.com/showthread.php?t=1105786)

Dirty F 04-09-2013 03:47 AM

A bitcoin is now worth 200 dollars!
 
http://i.imgur.com/7meNWCn.jpg

jscott 04-09-2013 03:52 AM

Absolutely amazing how steep the spike of the Bitcoin is! :thumbsup

AlexFS 04-09-2013 04:03 AM

It's spiking up and shooting for the stars!!

PS: anyone mining / selling LTC for Paxum/Paypal :) Also need OKPAY funds.

ICQ#603005197

Paul 04-09-2013 04:50 AM

Anyone know when Mt Gox is likely to announce they are going to trade Litecoins? Supposed to be sometime this week rumour has it :pimp

Konda 04-09-2013 04:56 AM

I guess I should not have sold the majority of my bitcoins at $94 :(

Paul 04-09-2013 04:57 AM

Quick question, apart from Mt Gox where can I buy Bitcoins?

1) How long does it take to get approved on coinbase.com?
2) Where else can I get an account quickly to buy Bitcoins?

jscott 04-09-2013 05:05 AM

Paul, you cannot buy at CB. Coinbase has problems and it's been that way for 3+ weeks :helpme :(

Paul 04-09-2013 05:08 AM

Quote:

Originally Posted by jscott (Post 19569077)
Paul, you cannot buy at CB. Coinbase has problems and it's been that way for 3+ weeks :helpme :(

Cheers for the heads up, much appreciated! Are there any alternatives?

CurrentlySober 04-09-2013 05:10 AM

i likc stitcoinz

pornmasta 04-09-2013 05:14 AM

seems legit

jscott 04-09-2013 05:17 AM

Quote:

Originally Posted by Paul (Post 19569081)
Cheers for the heads up, much appreciated! Are there any alternatives?

my friend suggested Bitfloor, says is good, i'm under way trying to get $ and transactions flowing there

...also BTC-E can buy BTC cheaper, but i hear it's less secure, so if buy there, transfer them out asap
:thumbsup

jscott 04-09-2013 05:18 AM

Quote:

Originally Posted by CurrentlySober (Post 19569084)
i likc stitcoinz

STC I hear is growing rapidly, and I am planning on investing bucket loads of things into the much anticipated STC :thumbsup

xato 04-09-2013 05:20 AM

Quote:

Originally Posted by Paul (Post 19569074)
Quick question, apart from Mt Gox where can I buy Bitcoins?

1) How long does it take to get approved on coinbase.com?
2) Where else can I get an account quickly to buy Bitcoins?

For Euro (SEPA) payments I would advise to use www.bitcoin.de
Have bought a few times and worked great. Also there is no waiting list like on MtGox. Only a 1 cent deposit will be made to your bank account for verification.

Paul 04-09-2013 05:24 AM

Quote:

Originally Posted by jscott (Post 19569089)
my friend suggested Bitfloor, says is good, i'm under way trying to get $ and transactions flowing there

...also BTC-E can buy BTC cheaper, but i hear it's less secure, so if buy there, transfer them out asap
:thumbsup

Thanks JScott :thumbsup

Quote:

Originally Posted by xato (Post 19569091)
For Euro (SEPA) payments I would advise to use www.bitcoin.de
Have bought a few times and worked great. Also there is no waiting list like on MtGox. Only a 1 cent deposit will be made to your bank account for verification.

Excellent thanks Xato :thumbsup

I have no idea when my Mt Gox account will be approved, there are over 10,000 users infront of me in the verification que :1orglaugh

They posted this on Facebook a couple of days ago

Quote:

As if a major DDoS attack was not enough, we at Mt.Gox are victim of our own success!

Last year, Mt.Gox saw an average of 9,000 to 10,000 new accounts created every month. This number doubled in January, tripled in February, and sextupled in March. In this month alone, over 57,000 new accounts were created!

Our support and account verification team went from four people in January 2012 to twenty-two people working every day of the week. We are now hiring even more people to solve this problem by finalising some deals with external companies.

MikeRoth 04-09-2013 05:56 AM

I sent a payment to bitinstant to buy more bitcoins yesterday at $180 and it still hasn't gone through. First time using bitinstant, not liking service so far...

Dirty F 04-09-2013 06:05 AM

Quote:

Originally Posted by MikeRoth (Post 19569114)
I sent a payment to bitinstant to buy more bitcoins yesterday at $180 and it still hasn't gone through. First time using bitinstant, not liking service so far...

You only lost 30 dollars per coin :disgust

CyberHustler 04-09-2013 06:08 AM

I got in and got out quick last week. Happy with the outcome, aint fuckin with it no more tho. :pimp

MikeRoth 04-09-2013 06:13 AM

Quote:

Originally Posted by Dirty F (Post 19569122)
You only lost 30 dollars per coin :disgust

Not too worried about that. More worried that I lost the entire deposit...

Internet Guy 04-09-2013 06:20 AM

Saw this on bitcoin talk:

So.....anyone have any advice on how not to become an asshole when you get rich?

:1orglaugh

DWB 04-09-2013 06:22 AM

How many bitcoins do you bitboys actually own?

10 - 50?
51 - 100?
101 - 500?
501 - 1000?

Or more?

Who has balls of steel and went big? Lets see some screen shots.

Dirty F 04-09-2013 06:24 AM

Quote:

Originally Posted by DWB (Post 19569136)
How many bitcoins do you bitboys actually own?

10 - 50?
51 - 100?
101 - 500?
501 - 1000?

Or more?

Who has balls of steel and went big? Lets see some screen shots.

I own one. Actually less. I sent 0.05 to Spiederman a few days ago.

MikeRoth 04-09-2013 06:25 AM

Quote:

Originally Posted by DWB (Post 19569136)
How many bitcoins do you bitboys actually own?

10 - 50?
51 - 100?
101 - 500?
501 - 1000?

Or more?

Who has balls of steel and went big? Lets see some screen shots.

Less than 10 for me these days. I'm converting them all to litecoins I think while they are still cheap. If MTGox adds them to their exchange I think we'll see a huge rise in value on those also.

Back in 2011 I had almost 1000 bitcoins, :|

icu33774 04-09-2013 06:26 AM

i get sicker as bitcoins prices go up. I let someone talk me out of pursuing bitcoins to work on something else 3 years ago :disgust

- Jesus Christ - 04-09-2013 06:27 AM

I don't own any bitcoins. I just think they are nifty...


Paul 04-09-2013 06:28 AM

Quote:

Originally Posted by MikeRoth (Post 19569139)
Less than 10 for me these days. I'm converting them all to litecoins I think while they are still cheap. If MTGox adds them to their exchange I think we'll see a huge rise in value on those also.

Back in 2011 I had almost 1000 bitcoins, :|

Yep feel exactly the same :)

L-Pink 04-09-2013 06:40 AM

Quote:

Originally Posted by icu33774 (Post 19569141)
i get sicker as bitcoins prices go up. I let someone talk me out of pursuing bitcoins to work on something else 3 years ago :disgust

People miss out on stocks all the time as well. That's just how it works :Oh crap

.

potter 04-09-2013 06:44 AM

If you don't own any yet, then don't buy any right now. They're obviously in a bubble. The way to make money in a market is to buy low sell high, not buy while it's high. Very simply concept that so many seem to forget when trading.

adultmobile 04-09-2013 06:46 AM

Wished to bump that guy who time ago was happy that sold them at $80 or so :)

MikeRoth 04-09-2013 06:51 AM

Quote:

Originally Posted by potter (Post 19569159)
If you don't own any yet, then don't buy any right now. They're obviously in a bubble. The way to make money in a market is to buy low sell high, not buy while it's high. Very simply concept that so many seem to forget when trading.

As a no longer active daytrader that is not completely accurate. You buy near intraday support or when the price breaks a significant resistance. Scalping for small $2-5 per coin differences really adds up when you do it multiple times a day. Just keep an eye and sell at a planned loss of 5% or 10% if your scalp goes south. Don't be a terd and hold it while it circles the drain in hopes it will go back up.

Farang 04-09-2013 07:12 AM

Congrats :thumbsup

potter 04-09-2013 07:16 AM

Quote:

Originally Posted by MikeRoth (Post 19569167)
As a no longer active daytrader that is not completely accurate. You buy near intraday support or when the price breaks a significant resistance. Scalping for small $2-5 per coin differences really adds up when you do it multiple times a day. Just keep an eye and sell at a planned loss of 5% or 10% if your scalp goes south. Don't be a terd and hold it while it circles the drain in hopes it will go back up.

I was going off the assumption that most GFY users weren't smart enough for day trading.

BlackCrayon 04-09-2013 07:19 AM

Quote:

Originally Posted by Dirty F (Post 19569137)
I own one. Actually less. I sent 0.05 to Spiederman a few days ago.

all this talk and you only own one?...

Emil 04-09-2013 07:20 AM

Quote:

Originally Posted by potter (Post 19569159)
If you don't own any yet, then don't buy any right now. They're obviously in a bubble. The way to make money in a market is to buy low sell high, not buy while it's high. Very simply concept that so many seem to forget when trading.

The problem is that no one knows when it's at its peak. When it crashed the last time I bought at $7 and I thought that was a bit high. It might grow a lot more...

spiederman 04-09-2013 07:22 AM

Quote:

Originally Posted by Dirty F (Post 19569137)
I own one. Actually less. I sent 0.05 to Spiederman a few days ago.

yup and the work done for that is getting more and more valueble :1orglaugh

WarChild 04-09-2013 07:25 AM

As far as I understand it, and granted I haven't looked in to the situation in depth so I could well be wrong, there were nearly 6,000,000 Bitcoins mined before the general public even had a shot at mining any.

If that is true, then somebody might well have a large portion or even all of those early coins. At today's prices, that's more than 1.2 BILLION dollars worth. If even a small percentage of that position were to be suddenly liquidated, somebody would be very rich over night and the price per coin would absolutely plummet. A correction on that scale could well destroy market confidence overnight.

Of course this is all theoretical, and even if it's true there could still be money to be made in the mean time so long as you know when to get in and out. Personally, I'm not going to jump in at this point and stick to day trading gaps.

DWB 04-09-2013 07:27 AM

Quote:

Originally Posted by Dirty F (Post 19569137)
I own one. Actually less. I sent 0.05 to Spiederman a few days ago.

Seriously, how many do you own?

Quote:

Originally Posted by MikeRoth (Post 19569139)
Less than 10 for me these days. I'm converting them all to litecoins I think while they are still cheap. If MTGox adds them to their exchange I think we'll see a huge rise in value on those also.

Back in 2011 I had almost 1000 bitcoins, :|

1000 bitcoins... That is a real kick in the ass.

About 15 years ago I passed on a two story brand new, very large, modern A Frame house here in Thailand (on an island) that was literally on the beach. You could throw a rock into the water it was so close. The type of place you would retire to and live the rest of your days. The problem was, I didn't have 100k and I didn't try to find it.

Last year I happened to run across the same property online. They were selling it again for well over 1 million dollars, along with the other homes for sale in that area for around the same price.

*ass kicked*

That was one of those "once in a lifetime" things.

DWB 04-09-2013 07:28 AM

Quote:

Originally Posted by WarChild (Post 19569215)
As far as I understand it, and granted I haven't looked in to the situation in depth so I could well be wrong, there were nearly 6,000,000 Bitcoins mined before the general public even had a shot at mining any.

If that is true, then somebody might well have a large portion or even all of those early coins. At today's prices, that's more than 1.2 BILLION dollars worth. If even a small percentage of that position were to be suddenly liquidated, somebody would be very rich over night and the price per coin would absolutely plummet. A correction on that scale could well destroy market confidence overnight.

Of course this is all theoretical, and even if it's true there could still be money to be made in the mean time so long as you know when to get in and out. Personally, I'm not going to jump in at this point and stick to day trading gaps.

I read somewhere that one person is to be rumored to own about 20 - 25% of all bitcoins.

- Jesus Christ - 04-09-2013 07:33 AM

No one pre-mined coins; Bitcoin has always been open source.

In fact Here is a visual representation of the code being developed on github.
https://youtube.com/watch?v=K2OBbK-7qPc&hd=1

I heard a rumor that when people spread misinformation other people lose respect for them.

Penny24Seven 04-09-2013 07:36 AM

Quote:

Originally Posted by DWB (Post 19569222)
I read somewhere that one person is to be rumored to own about 20 - 25% of all bitcoins.

lol that is big money. I had a lot. Sold a ton when they were 75-90 bucks. I should have sold them all like I wanted to but they did not listen. Sold more at 140. I think I will always keep at least ten so I can still talk shit about them. Some still think they will reach 100,000 dollars lol but it will not hurt to keep a few if that did happen even though I think it is funny. I would kill myself if I sold them all and they did go that high haha

dyna mo 04-09-2013 07:44 AM

i also came across the 6 million btc missing story and pursued it a bit, it doesn't seem to be accurate, shouldn't all btc currently mined be publically verifiable like this chart? the question i had about the 6 million was were they just created and taken prior to mining commencing in 2009?


https://blockchain.info/charts/total...ale=0&address=


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