Bitcoin nodes surged to 200k

I was watching this through the year, wondering if the decline was due to people moving over to web wallets. Clearly not. I bet this is a good indication of price. The more there is online, the more natural interest there is. I think over time it will start meaning less and less as people do INDEED move over to other wallets.

Re: Bitcoin nodes surged to 200k

#5

Post by calinet6 » Thu, Nov 21, 2013, 1:38 PM UTC

simondlr wrote: post #4

I was watching this through the year, wondering if the decline was due to people moving over to web wallets. Clearly not. I bet this is a good indication of price. The more there is online, the more natural interest there is. I think over time it will start meaning less and less as people do INDEED move over to other wallets.

The problem is that this doesn't quite look like natural growth. Maybe it is, but it's pretty quick, constant, and unnatural looking. People don't generally behave that way.

Re: Bitcoin nodes surged to 200k

#6

Post by slipt » Thu, Nov 21, 2013, 1:57 PM UTC

eudox wrote: post #2

First the surge in Tor nodes, now this? I bet the Feds did this.

Was thinking same exact thing, brotha.

Re: Bitcoin nodes surged to 200k

#7

Post by slipt » Thu, Nov 21, 2013, 1:58 PM UTC

People keep asking me "What is the best way to convert my bitcoins to cash?"... anyone know a good answer that you know works (first hand)?

Re: Bitcoin nodes surged to 200k

#8

Post by ihsw » Thu, Nov 21, 2013, 2:02 PM UTC

slipt wrote: post #7

People keep asking me "What is the best way to convert my bitcoins to cash?"... anyone know a good answer that you know works (first hand)?

It depends heavily on where you are, which bank you're with, with whom you're a citizen of, and a myriad of other factors.

Canadians may have an easier time than Americans, but Britons will be SOL.

Re: Bitcoin nodes surged to 200k

#9

Post by dcc1 » Thu, Nov 21, 2013, 2:02 PM UTC

slipt wrote: post #7

People keep asking me "What is the best way to convert my bitcoins to cash?"... anyone know a good answer that you know works (first hand)?

Buy amazon.com giftcards and buy stuff on amazon, gyft.com and gc4btc.com sell them

Re: Bitcoin nodes surged to 200k

#10

Post by 3pt14159 » Thu, Nov 21, 2013, 2:03 PM UTC

slipt wrote: post #7

People keep asking me "What is the best way to convert my bitcoins to cash?"... anyone know a good answer that you know works (first hand)?

Sell them to people for cash. I used to use MtGox to get a couple grand out here or there, but now it's too much of a pain. It depends where you are though. There are some decent Canadian options, and Coinbase is supposed to be good for Americans.