Bitcoin Surges Past $400

#1

Post by Timshel » Wed, Nov 04, 2015, 9:05 AM UTC

Bitcoin Surges Past $400
blogs.wsj.com

Re: Bitcoin Surges Past $400

#2

Post by x5n1 » Wed, Nov 04, 2015, 9:19 AM UTC

here we go again.

Re: Bitcoin Surges Past $400

#3

Post by julianpye » Wed, Nov 04, 2015, 9:19 AM UTC

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/

Re: Bitcoin Surges Past $400

#4

Post by LoSboccacc » Wed, Nov 04, 2015, 9:20 AM UTC

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?

Re: Bitcoin Surges Past $400

#5

Post by Marazan » Wed, Nov 04, 2015, 9:20 AM UTC

Hmm, time o check the googlentrends "bitcoin" chart vs the bitcoin price chart again. They had a 1to1 correlation last time I looked.

EDIT: Just went back to look and peek Google Trends interest in Bitcoin happens prior to peek Bitcoin price so public interest leads Bitcoin price as I suggest. Trends crash before the price does.

Re: Bitcoin Surges Past $400

#6

Post by sonium » Wed, Nov 04, 2015, 9:22 AM UTC

It is however less likely to be due to exchange manipulations this time because the exchanges are more diversified.

Re: Bitcoin Surges Past $400

#7

Post by tjbiddle » Wed, Nov 04, 2015, 9:24 AM UTC

Marazan wrote: post #5

Hmm, time o check the googlentrends "bitcoin" chart vs the bitcoin price chart again. They had a 1to1 correlation last time I looked. EDIT: Just went back to look and peek Google Trends interest in Bitcoin happens prior to peek Bitcoin price so public interest leads Bitcoin price as I suggest. Trends crash before the price does.

Correlation does not imply causation.

Re: Bitcoin Surges Past $400

#8

Post by mtgx » Wed, Nov 04, 2015, 9:26 AM UTC

All aboard the speculation train!

Re: Bitcoin Surges Past $400

#9

Post by edward » Wed, Nov 04, 2015, 9:26 AM UTC

LoSboccacc wrote: post #4

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.

Re: Bitcoin Surges Past $400

#10

Post by lololomg » Wed, Nov 04, 2015, 9:27 AM UTC

tjbiddle wrote: post #7

Marazan wrote: post #5

Hmm, time o check the googlentrends "bitcoin" chart vs the bitcoin price chart again. They had a 1to1 correlation last time I looked. EDIT: Just went back to look and peek Google Trends interest in Bitcoin happens prior to peek Bitcoin price so public interest leads Bitcoin price as I suggest. Trends crash before the price does.

Correlation does not imply causation.

Nobody said it did