Re: The Bitcoin Tracking Thread
Q
R
- Rai stones - Yap
- Rand - South Africa
- Reaal - Curaçao
- Real
- Angolan real - Angola
- Argentine real - Argentina
- Azorean real - Azores
- Brazilian real - Brazil
- Cape Verde real - Cape Verde
- Central American Republic real - Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua
- Colombian real - Colombia
- Ecuadorian real - Ecuador
- Gibraltar real - Gibraltar
- Honduran real - Honduras
- Mexican real - Mexico
- Mozambican real - Mozambique
- Paraguayan real - Paraguay
- Peruvian real - Peru
- Philippine real - Philippines
- Portuguese Guinea real - Guinea Bissau
- Portuguese real - Portugal (plural réis)
- Santo Domingo real - Santo Domingo
- Salvadoran real - El Salvador
- Săo Tomé and Príncipe real - Săo Tomé and Príncipe
- Spanish colonial real - Argentina, Bolivia, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela
- Spanish real - Spain
- Venezuelan real - Venezuela
- Reichsmark - Germany
- Reichsthaler - Germany
- Renminbi (人民币 or 人民幣) - China
- Rentenmark - Germany
- Rial (ريال)
- Riel - Cambodia
- Rigsdaler
- Riksdaler - Sweden
- Rijksdaalder - Netherlands
- Ringgit
- Rixdollar - Ceylon
- Riyal (ريال)
- Roepiah - Netherlands Indies
- Ruble (Рубль)
- Rublis - Latvia
- Rufiyah (ދިވެހި ރުފިޔ) - Maldives
- Rupee
- Rupiah - Indonesia
- Rupie - Burundi, Rwanda and Tanzania
- Ryō - Japan
S
see also: Escudo (above)
T
V
W
Y
Re: The Bitcoin Tracking Thread
It's been 48 hours since you've nearly doubled your money. Looks like it's time to sell your store of wealth again. How this doesn't look like a bubble is beyond me. Just looking at it technically, it looks like it could blow up to to some ridiculous 600-1000 spike, and then blow out for good. The current 200-day moving average is down at 140. Congratulations to those of you who made money on it. Hope you convert your winnings to something else.Attachment 5667
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Sparky
It's been 48 hours since you've nearly doubled your money. Looks like it's time to sell your store of wealth again. How this doesn't look like a bubble is beyond me. Just looking at it technically, it looks like it could blow up to to some ridiculous 600-1000 spike, and then blow out for good. The current 200-day moving average is down at 140. Congratulations to those of you who made money on it. Hope you convert your winnings to something else.
Attachment 5667
Yes, congrats to the winners!
Anyone feel like they're playing a game of chicken with the Chinese?
Who's gonna jump first? Stay tuned...
http://www.youtube.com/watch?v=u7hZ9jKrwvo
Re: The Bitcoin Tracking Thread
After looking at the charts, I decided to sell a good portion of my BTC in hope of buying in at a lower price. I hope my timing is good this time!
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
madfranks
After looking at the charts, I decided to sell a good portion of my BTC in hope of buying in at a lower price. I hope my timing is good this time!
I'm still holding. Its bound to correct eventually, I think it's going to hit some resistance around 450 - 480. No evidence to back it up, just a gut feeling.
Re: The Bitcoin Tracking Thread
Im still holding mine. Not sure if I'll sell and try to get in at better price or I may just do cold storage and forget about them.
Re: The Bitcoin Tracking Thread
I would advise against one selling all their bitcoins.
If you want to sell 99% of them, fine. But hang on to a portion, no matter how little you perceive to have now.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
sirgonzo420
I would advise against one selling all their bitcoins.
If you want to sell 99% of them, fine. But hang on to a portion, no matter how little you perceive to have now.
I sold all of mine from $4 to $16. If I hadn't done that I'd be very wealthy today. That is good advice.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
sirgonzo420
I would advise against one selling all their bitcoins.
If you want to sell 99% of them, fine. But hang on to a portion, no matter how little you perceive to have now.
Yes, don't get technical with Bitcoin.
Larger expansion into the voids of nothingness are meant to be gained.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Shami-Amourae
I sold all of mine from $4 to $16. If I hadn't done that I'd be very wealthy today. That is good advice.
A veritable abundance of 0% intrinsic nothingness.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Horn
A veritable abundance of 0% intrinsic nothingness.
Is this post self-referential?
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
sirgonzo420
Is this post self-referential?
Apply your Bit-thanks to this post,
http://gold-silver.us/forum/showthre...l=1#post672654
and I will allow you to seek some sort of temporary shelter by a shifting electronic moral purgatory somewhere,
with ceasing hostilities for a day or two. :)
Re: The Bitcoin Tracking Thread
Re: The Bitcoin Tracking Thread
In June of 2010, one Bitcoin was worth $0.004 : Now one dollar is worth 0.004 Bitcoin
^ comment from Reddit http://www.reddit.com/r/Bitcoin/comm...orth_0004_now/
Now a dollar is worth about half that....
Re: The Bitcoin Tracking Thread
High of $509 at mt.Gox. Where's the correction? :(??
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
madfranks
High of $509 at mt.Gox. Where's the correction? :(??
Bitcoins are in hyperdeflation!
Re: The Bitcoin Tracking Thread
GOLD 2.0 improved without the dips...
I imagine they'll let it slack off before senate subcomitee decisions, then once the good news makes itself heard.
Rise up to here again, its not like anyone is going to get in their way with actually using them in quantity.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
madfranks
High of $509 at mt.Gox. Where's the correction? :(??
I woke up this morning and was like WTF? This has to be a bubble. No way there is this much demand as there still aren't all that many places to spend said coins. Speculative bubble.
Re: The Bitcoin Tracking Thread
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
MNeagle
Yep
http://bitcoincharts.com/charts/char...width=750&r=60
Found at Bitcoincharts.com
Re: The Bitcoin Tracking Thread
Try this: https://coinbase.com/charts
It offers a one year chart. The massive upswing is much more visible.
Re: The Bitcoin Tracking Thread
Congrats to all you bitcoin tycoons! You were all right.
There's no stopping it now. People are lining up with 10's of thousands of their money to buy them.
It sucks to miss the greatest discovery since the computer was invented.
I won't be surprised to see bitcoin at $1,000 within two weeks.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
EE_
It sucks to miss the greatest discovery since the computer was invented.
I won't be surprised to see bitcoin at $1,000 within two weeks.
Isn't there some sort of little applet we can stick next to the kitco ticker,
so we can let the world know of our yiddish giddiness?
What a joke.
Re: The Bitcoin Tracking Thread
I agree these prices are insane, but most people are insane these days so fighting it is just a waste of energy.
Re: The Bitcoin Tracking Thread
With people being priced out of bitcoin quickly, does anybody think the alternatives such as litecoin and worldcoin will see more interest? From what I see, it's definitely more difficult to get into the bitcoin alternatives short of converting bitcoins which I'd probably do if I had more than one.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
drafter
With people being priced out of bitcoin quickly, does anybody think the alternatives such as litecoin and worldcoin will see more interest? From what I see, it's definitely more difficult to get into the bitcoin alternatives short of converting bitcoins which I'd probably do if I had more than one.
It's impossible to get priced out of bitcoin.
You could buy 1/100 bitcoin for 5 dollars, 1/1,000 for .50...an so on.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
drafter
With people being priced out of bitcoin quickly, does anybody think the alternatives such as litecoin and worldcoin will see more interest? From what I see, it's definitely more difficult to get into the bitcoin alternatives short of converting bitcoins which I'd probably do if I had more than one.
Yes, people will soon realize that they can buy in at a lower price at any one of the many other lower-priced alternatives that are also easily created electronically.
Soon after that, they will also begin to realize...
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Sparky
Yes, people will soon realize that they can buy in at a lower price at any one of the many other lower-priced alternatives that are also easily created electronically.
Soon after that, they will also begin to realize...
You're right, but there is an economic concept called the first mover advantage, because of which bitcoin has enjoyed massive popularity in spite of the many alternatives. There is also a concept called the second mover advantage, which litecoin has seized upon, by taking the original idea and improving upon it (faster transaction and confirmation times being the most advantageous). Beyond this, it will likely be a game of which crypto currencies hit upon an idea or concept that the others have missed, and try to capitalize on it. Beyond this, there will be dozens of cheap copy cat alt coins which will never actually be taken seriously.
Bitcoin - gold
litecoin - silver
worldcoin/feathercoin/namecoin (not clear which is the dominant third tier yet) - copper
other alt coins - base metals
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Sparky
Just looking at it technically, it looks like it could blow up to to some ridiculous 600-1000 spike, and then blow out for good. The current 200-day moving average is down at 140.
Well, it looks like we have now rocketed into this bubble range...
Attachment 5682
Re: The Bitcoin Tracking Thread
China is the unknown variable in this equation.
http://www.coindesk.com/bitcoin-exch...ng-lightspeed/
They seem to be buying Bitcoins and Litecoins apparently hand over fist. Both have a finite supply (21 million Bitcoins, 84 million Litecoins) China has a population of over 1 Billion people, and India has also been buying Bitcoins / Litecoins. 2 nations with 2+ billion people buying an item with a finite supply. Maybe they just got tired of the gold and silver manipulation? Who knows?
It makes it easier to get money out of the country that way as China does have capitol controls. Nations are going to realize that with crypto currencies, capitol controls just aren't going to work (not that they did before) but now it's even easier to put your fiat into a crypto take a "vacation" to another country cash out into the local currency and do whatever you like.
You can watch who buys what from where with www.fiatleak.com
Re: The Bitcoin Tracking Thread
I hate to say this but Horn and some others might be right about Bitcoin.
http://www.bloomberg.com/news/2013-1...-benefits.html
Considering that BTC if legitimate has the power to destroy the banking system, why on earth would they be promoting it?
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Son-of-Liberty
They think they will get away with forcing businesses to have licenses to be able to use Bitcoins and then taxing non-Americans and Americans. They are psychopaths.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Son-of-Liberty
I read the article, they really aren't promoting just giving the Senate committee guidelines on what it is. Even the Fed out of Chicago said it was innovative payment processing system.
My guess, and I'm just shooting in the dark here, my guess is that they are excited about the PROSPECTS of regulating and taxing it. Just like they have been with everything else. They see a 6 Billion dollar+ market cap, and are wondering how much of that they can take for themselves.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Ares
They see a 6 Billion dollar+ market cap, and are wondering how much of that they can take for themselves.
Not to mention it leaves citizenry holding nothing real.
Re: The Bitcoin Tracking Thread
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Son-of-Liberty
Anyone that believes the dollar will eventually collapse, should also believe the bankers have thought about this.
If and when the dollar gets devalued, or outright collapses, the government will be more then ready to roll out the new currency. I can tell you it will not be paper...it will be a digital system. All transactions will be digital...employers will pay employees with the new digital credits and so on.
Bitcoin is a great way to prepare the masses for this new system. Just like people begging and standing in line all night to get the new government personal tracking, digital commerce device. (iPhone)
I think cash will be a slower phase out program as it will still be needed until all are on board and own a PTDCD (Personal Tracking Digital Commerce Device) aka. 'mark of the beast'
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
EE_
Just like people begging and standing in line all night to get the new government personal tracking, digital commerce device. (iPhone)
Those have a precious metal value to them though, what should be happening is finding ways to get that value back out of the old ones.
Not just letting them end up in a trash fill headed back for some polluted Chinese wok to be recycled.
Maybe it would stop or slow the new notional value phones, that really offer very little change benefit from the old one.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Ares
I read the article, they really aren't promoting just giving the Senate committee guidelines on what it is. Even the Fed out of Chicago said it was innovative payment processing system.
My guess, and I'm just shooting in the dark here, my guess is that they are excited about the PROSPECTS of regulating and taxing it. Just like they have been with everything else. They see a 6 Billion dollar+ market cap, and are wondering how much of that they can take for themselves.
http://bitcoinmagazine.com/8132/obam...oin-greenlist/
I don't know. I am being cautious.
You guys seen this paper on digital "cash" Supposedly put out by the NSA in 1996.
http://groups.csail.mit.edu/mac/clas...nt/nsamint.htm
If the government is behind bitcoin it doesn't mean it is a bad investment. In fact it will go up even more. Just have to convert your BTC to tangibles or other crypto's before they demand biometrics.
Satoshi's real identity is still not known.
Re: The Bitcoin Tracking Thread
885.89 on Mt.Gox.
I'm getting a little concerned now. This a parabolic rise... Way too high, way too fast.
