And....it's gone.Quote:
Originally Posted by vacuum
Printable View
And....it's gone.Quote:
Originally Posted by vacuum
Forgot the video. :)Quote:
Originally Posted by Sparky
http://youtu.be/NmFo-LKHGY0
bitfloor: $92
bitcoin24: $87
bitstamp: $86
btce: $88
Gone from $0.001 to ~$266 to $94. It still has to fall pretty damn far before I'm even close to break even. If it gets back to my break even point, I'd probably double up.Quote:
Originally Posted by Sparky
What a miserable failure bitcoin is! I wonder what sort of failure it will be tomorrow and next month and next year and five years from now!
:D
It might make you a lot of money in the coming years. But after several years of existence, it doesn't seem to be serving as an effective "currency".Quote:
Originally Posted by sirgonzo420
I won't debate this point at all.Quote:
Originally Posted by Sparky
I haven't been following the fall of BTC much -- but do know it's dropping.
One post I made earlier in the thread about BTC and for it to make it.
1. Universal acceptance
2. Confidence in the currency.
Is tis a Rothschild sponsored attack on confidence?
Pigs Get Fat, Hogs Get SlaughteredQuote:
Originally Posted by sirgonzo420
It's going to drop much much lower once Mt Gox reopens.
I think it may go all the way down. Might be a good idea to sell everything (even if it's at a loss) and buy when it bottoms. No joke.
i'm with you on this one. I see it as a buying opportunityQuote:
Originally Posted by Shami-Amourae
3.5 hrs till the crash when gox opens
Isn't what is happening to bitcoin just another transfer of wealth from the people to the big banksters?
The banksters have to be behind this. The only time something crashes this hard, is when someone is making huge profits.
West L.A. fade-away.......
Its a sign from God, not to remove trust from the system. {**}Quote:
Originally Posted by Hitcher
http://www.youtube.com/watch?v=aMA3BWhZbYc
Well, within the last few hours we've gone back from $58 to now $90\
now to $100. The volatility is incredible.
I hope it CRASHES. LOWER!! Go LOWER!!!
As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up
By NATHANIEL POPPER and PETER LATTMAN
Cameron and Tyler Winklevoss have been many things in a short time: Olympic rowers. Nemeses of Mark Zuckerberg. Characters on “The Simpsons.” Now they can add a new label: bitcoin moguls.
The 31-year-old identical twins have amassed since last summer what appears to be one of the single largest portfolios of the online currency that has caused such a stir in financial and technology circles.
An array of speculators have now bid up the price of the bitcoin to the point where the outstanding supply of the digital money was worth $1.3 billion at last count. The Winklevii — as they are popularly known — say they own nearly 1 percent of that, or some $11 million.
The decision by the brothers to go public with their position signals a new stage for what has been an experimental alternative to national currencies. Created in 2009 by a programmer or programmers known only by a pseudonym, the bitcoin world has been dominated by anonymous programmers and traders.
Now mainstream investments in the digital money are starting to emerge. On Thursday, a group of venture capitalists, including Andreessen Horowitz, announced that they were funding a bitcoin-related company, OpenCoin.
Other Silicon Valley venture firms, while not holding bitcoins, are starting to show interest in the technology. Tim Draper of the firm Draper Fisher Jurvetson put money into CoinLab, which is doing bitcoin-related projects. Tribeca Venture Partners announced this week that it was putting money into Coinsetter, a start-up trading platform for the currency
more: http://dealbook.nytimes.com/2013/04/...-its-close-up/
Get ready to buy at $0.01Quote:
Originally Posted by steyr_m
:D
20 minutes till Mt Gox reopens. If you have popcorn, here's where to watch the fun:
http://www.bitcoinity.org/markets/mtgox/USD
I hope bitfloor doesn't go down so I can get a trade in.
http://cdn.cnwimg.com/wp-content/upl...er-cameron.jpgQuote:
Originally Posted by vacuum
Same two fools who got robbed by Zuckerberg.
Bitcoin was a valiant effort.
Short lived, but full of vigor and excitement. My hat's off, to bitcoin. Great job on instilling confidence in crypto currencies. The world is ready now.
Short lived? Are you serious? This shit is never going away.
Bernanke's probably working on 30 or more copies currently.Quote:
Originally Posted by Shami-Amourae
It's insane how bitfloor is at $78 while bitstamp is at $57.
Mt Gox is crashing over and over again. It looks like their server upgrades didn't do shit. The market is total apeshit, but when Mt Gox is down BTC-e is stable until Mt Gox is online again.
Its what happens when finite meets infinite, like popcorn on a hot tin plate.Quote:
Originally Posted by vacuum
This is what Bitcoin is trying to avoid
Attachment 4689
Ewww the smell....
Why is bitstamp so much lower than the others?Quote:
Originally Posted by Shami-Amourae
Bitcoin is trying to go mainstream, but the infrastructure is not yet there to support it.
Have to get to the point where only the Satoshi go mainstream.Quote:
Originally Posted by madfranks
Then all Bitcoin owners will turn Jewish.
It has very low volume, so price discovery isn't as accurate.Quote:
Originally Posted by vacuum
Yep, we need probably 5-7 more type exchanges like MtGox (in size and volume) in order to have a stable price discovery and trading platform.Quote:
Originally Posted by madfranks
MtGox is a central point of failure at the moment as we've all noticed. When they go down the price of BTC's plummet. Which makes sense as they do 80% of all BTC transactions. That is a HUGE chunk of market price discovery exiting the market when they have a hiccup.
The latest technology investment craze that has made Winklevoss twins $11MILLION: Brothers among the latest geeks striking it rich with internet currency 'Bitcoins'
- Tyler and Cameron Winklevoss have revealed they own about 1 per cent of all Bitcoins
- The online currency is showing promise, but suffered catastrophic losses on Wednesday
By Daily Mail Reporter, Associated Press and Reuters Reporter
PUBLISHED: 19:30 EST, 11 April 2013 | UPDATED: 21:12 EST, 11 April 2013
After years of bitterness surrounding the development of Facebook, the Winklevoss twins are making a comeback with Bitcoins.
Tyler and Cameron Winklevoss, popularly known as 'The Winklevii,' rose to notoriety during an epic legal battle in which they accused Facebook founder Mark Zuckerberg of stealing their social network idea.
But perhaps now the brothers can leave that behind them with their investment in Bitcoins - a digital currency that is bought and sold on a peer-to-peer network independent of any central control.
more:
http://www.dailymail.co.uk/news/arti...-Bitcoins.html
It's starting to get a lot of press.
If there's any further proof needed from a more infinite & positive drone that Cisco was the creator. Powered by the great software eyecandy loopers makework project, lying before the eyes of God to their Bitcoin creators finite-ness.Quote:
Originally Posted by Ares
These servers will be powered by Bernankes spinoffs.
If you've ever worked on any cisco equipment, you'd retract that statement immediately. LOLQuote:
Originally Posted by Horn
They make AWESOME hardware, their software is horrible to use. Their Cisco iOS is cumbersome, unintuitive, and on older versions required you to even know binary as they didn't even code the binary to human conversion in the software out of what I suspect was pure laziness.
Them having any part in it's creation................. ummm not likely.. LOL
According to latest OS fingerprints, looks like their servers are powered by Linux. :)Quote:
These servers will be powered by Bernankes spinoffs.