The Bitcoin Tracking Thread

[Horn]

Heh, mamboni, you're going to need an island to store that all in.

I'm available for guard duty.

My resume is excellent, and criminal record very short also.

[vacuum]

On a chinese exchange, bitcoin has hit $1100 USD

[Horn]

Ahh! When do I sell my two measly little bitcoins?? I'm not used to having a bubble asset!

Learn how to yodel from Walter.

Just try to price the items in Bitcoin...

[Shami-Amourae]

This is the guy who woke me up to Bitcoin when the price was like $2. Discusses government hearings and possible future of Bitcoin.

[Horn]

This is the guy who woke me up to Bitcoin when the price was like $2. Discusses government hearings and possible future of Bitcoin.

Guy talks like he's never seen a Litecoin?

[mamboni]

Time Is To Go For Gold: Bitcoin Just Crashed ... Again – High Above $900 And Just Low at $540 GLD, MUX, TNR.v, GDX

http://4.bp.blogspot.com/-tt7i-zoN6c...1913-2013).jpg

"Time is to go for Gold and for the real one this time - Bitcoin "Gold 2.0" status will be killed by its parabolic rise and bust and maybe it is happening already. Just today the high was at $900.98 and the low at $502.62, according to mtgox.com. With this kind of volatility Bitcoin will be struggling to become The Currency, it is traders paradise for now, but it looks like our scenario $2000 - $50 (put your own numbers here) can happen very soon."

[mamboni]

Learn how to yodel from Walter.

Just try to price the items in Bitcoin...

You gotta love the old folk: they know that the most important things are to love living and enjoy yourself!

[Ares]

"Time is to go for Gold and for the real one this time - Bitcoin "Gold 2.0" status will be killed by its parabolic rise and bust and maybe it is happening already. Just today the high was at $900.98 and the low at $502.62, according to mtgox.com. With this kind of volatility Bitcoin will be struggling to become The Currency, it is traders paradise for now, but it looks like our scenario $2000 - $50 (put your own numbers here) can happen very soon."

Same thing was said back in April after it crashed from 266 down to 80. It was also said before when it crashed from 30 down to 5 before that. I trade, and it's not a paradise trading in this type of volatility.. But you'll have this type of scenario with liquidity shortages... The U.S. has 1 exchange (coinbase.com) which isn't anywhere near the top 10 exchanges in the world.

So I see it as a liquidity issue more than anything. It's trying to find a value, but runs out of steam when liquidity dries up.

[Neuro]

Same thing was said back in April after it crashed from 266 down to 80. It was also said before when it crashed from 30 down to 5 before that. I trade, and it's not a paradise trading in this type of volatility.. But you'll have this type of scenario with liquidity shortages... The U.S. has 1 exchange (coinbase.com) which isn't anywhere near the top 10 exchanges in the world.

So I see it as a liquidity issue more than anything. It's trying to find a value, but runs out of steam when liquidity dries up.

Try silver they can sell the equivalent of a years world production in 15 minutes, and it won't drop more than 5%...

[Ares]

Try silver they can sell the equivalent of a years world production in 15 minutes, and it won't drop more than 5%...

Maybe you should #AskJPM why that is? LOL

Naked Short selling isn't involved in BTC.... YET!!!! I'm sure it will eventually if they can figure out how to naked short it like they've done with the precious metals.