21–30 of 260 posts
I'm inclined to think that it demonstrates how very silly the whole thing is, that even us eggheads get snarkily dismissive, but I'm sure some will disagree...
Tulip bulbs! Got your tulip bulbs right here!
I keep biting my finger off, trading bitcoins seems so nice but to enter you need to give RID access to shady merchant, which is a bummer. Anyone know an exchange where btc can be bought simply with paypal?
What does RID mean? PayPal T&C says virtual currency isn't allowed.
Price surge is in direct correlation with Winklevoss "Gemini" exchange going online on October 8th. https://gemini.com/ This chart shows the price surge starting the exact same day Gemini went online: http://bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm... I really hope this is genuine growth, but I have a sneaking suspicion it could be partially due to market manipulation by Gemini. The Winklevoss twins have…
I keep biting my finger off, trading bitcoins seems so nice but to enter you need to give RID access to shady merchant, which is a bummer. Anyone know an exchange where btc can be bought simply with paypal?
What does RID mean? PayPal T&C says virtual currency isn't allowed.
The China factor behind this "surge" is because this https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company) started doing business in China. It's growing very huge.
There are thousands of videos popping up on YouTube with how much money these people have 'made' on MMM Global, it's sad to see; https://www.youtube.com/results?lclk=week&search_query=mmm+g... It's very likely a big part of the price increase, many of the local MMM sites advertise that they're bitcoin-only and all of the exchanges are extraordinarily shallow so small surges in demand really move prices. Here's a pret…
The China factor behind this "surge" is because this https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company) started doing business in China. It's growing very huge.
There are thousands of videos popping up on YouTube with how much money these people have 'made' on MMM Global, it's sad to see; https://www.youtube.com/results?lclk=week&search_query=mmm+g... It's very likely a big part of the price increase, many of the local MMM sites advertise that they're bitcoin-only and all of the exchanges are extraordinarily shallow so small surges in demand really move prices. Here's a pret…
Price surge is in direct correlation with Winklevoss "Gemini" exchange going online on October 8th. https://gemini.com/ This chart shows the price surge starting the exact same day Gemini went online: http://bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm... I really hope this is genuine growth, but I have a sneaking suspicion it could be partially due to market manipulation by Gemini. The Winklevoss twins have…
Your claim is really US-centric. Most of the exchange's volume right now is from China. China is driving this and I don't see how an american-bank-only exchange would be the main reason, if there is one.
I'll take my down-votes in stride.
Only the future will reveal the truth.
That may become the fastest journey across the Gartner trough of disillusionment that I have seen. So it answers Fred Wilsons's question at http://avc.com/2014/09/the-bitcoin-hype-cycle/
Wilson thought it was "well into" the trough phase by Sep 2014, with the price around ~$400 after one mini-recovery proved illusory. It then halved again, and has taken more than a year for this latest mini recovery to take it up to the heady heights of the bottom of Wilson's "trough"...
That trough sure looks long compared with that brief late 2013 spike.... http://www.coindesk.com/price/#2010-07-18,2015-11-03,close,b...
The China factor behind this "surge" is because this https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company) started doing business in China. It's growing very huge.
Still an impressive gain looking at 30 days trend https://www.coingecko.com/en/price_charts/bitcoin/usd