Bitcoin at all time high

[SrslySirius]

lol infowars

If that's your bag, Zach Hart has an excellent website you may be interested in: http://infowarswest.com/

[superallah]

i'm waiting for bitcoin 2.0.

[mackerdoodle jones]

and we are selling today. literally the easiest Hawaiian vacation that ive done absolutely nothing to pay for.

While we are at it ill fess up too. I bought 200 of these @ $18 a pop. Sold today for $45k

Will be playing main event this year.

Congrats!!



We really need a :bravo

[sonatine]

youre all going to jail.

[mackerdoodle jones]

China, that was a sizable sell, out of curiosity, how much did it affect the market price?

[SrslySirius]

China, that was a sizable sell, out of curiosity, how much did it affect the market price?

Despite what PHA would have you believe, it probably didn't effect things very much. Trading volume has been huge lately, I think about 100,000 BTC (on average) is changing hands every day.

[anonamoose]

1 hour later and my bitinstant deposit isn't that instant

[BeerAndPoker]

It's easy to say man I wish I would of invested because any of us wish we would of now but not easy to fire several grand on these things.

[Rollo Tomasi]

and we are selling today. literally the easiest Hawaiian vacation that ive done absolutely nothing to pay for.

While we are at it ill fess up too. I bought 200 of these @ $18 a pop. Sold today for $45k

Will be playing main event this year.

[anonamoose]

It's easy to say man I wish I would of invested because any of us wish we would of now but not easy to fire several grand on these things.

i bought 20 btc at 4 dollars.

sold them at 10.

shit happens.

[simpdog]

It's easy to say man I wish I would of invested because any of us wish we would of now but not easy to fire several grand on these things.

i bought 20 btc at 4 dollars.

sold them at 10.

shit happens.

Exactly. Even if I had bought at 10 there is no way I'm not selling at 50. So yes missed opportunity but its not like everyone is winning the lottery.

Its a penny stock gold rush worldwide. Throw in some gambling money and let it.ride..

[chinamaniac]

Last price:$240.00000 High:$266.00000

[sonatine]

my apologies if i just dont get how this works, but i fail to understand where exactly all the money represented by these prices came from.

if everyone sold all their bitcoins right this instant, where exactly would 2 point something billion dollars or whatever come from to pay them?

again, apologies if this is some really obvious, simple finance thing that im not grasping. 100% not my strong point.

[sonatine]

also id like to point out that i used to play $250/$500 no limit holdem on sealswithclubs, apparently.

[simpdog]

my apologies if i just dont get how this works, but i fail to understand where exactly all the money represented by these prices came from.

if everyone sold all their bitcoins right this instant, where exactly would 2 point something billion dollars or whatever come from to pay them?

again, apologies if this is some really obvious, simple finance thing that im not grasping. 100% not my strong point.

The US gov't will introduce a new bill to help stimulate the economy and will give each person $250 for their bitcoin. This will only occur if large campaign donators/friends/relatives of political power players were affected.

[varys]

Shoutout to iamhiv living the dream at his computer job not givin a fuck about the 5000 bitcoins he tricked off

[sonatine]

Shoutout to iamhiv living the dream at his computer job not givin a fuck about the 5000 bitcoins he tricked off

fucking beyond hof.

[cmoney]

Last price:$240.00000 High:$266.00000

Cmoney lock of the week, dump all bitcoins starting today

[Deal]

my apologies if i just dont get how this works, but i fail to understand where exactly all the money represented by these prices came from.

if everyone sold all their bitcoins right this instant, where exactly would 2 point something billion dollars or whatever come from to pay them?

again, apologies if this is some really obvious, simple finance thing that im not grasping. 100% not my strong point.

In order to sell a coin there needs to be a buyer. The exchanges of which mtgox is one of matches buyers to sellers. The buyers use real currency and receive a bitcoins in return. So the answer to your question is directly from the pre-existing assets of the buyers.

[sonatine]

my apologies if i just dont get how this works, but i fail to understand where exactly all the money represented by these prices came from.

if everyone sold all their bitcoins right this instant, where exactly would 2 point something billion dollars or whatever come from to pay them?

again, apologies if this is some really obvious, simple finance thing that im not grasping. 100% not my strong point.

In order to sell a coin there needs to be a buyer. The exchanges of which mtgox is one of matches buyers to sellers. The buyers use real currency and receive a bitcoins in return. So the answer to your question is directly from the pre-existing assets of the buyers.

rofl holy shit, so basically the price could drop 20%, i could log in looking to panic sell, and find no buyers, and meanwhile the price continues to plummet.

oh sweet jesus thats magnificent.