Silk Road forums

Discussion => Off topic => Topic started by: CrazyBart on March 18, 2013, 11:37 pm

Title: Bitcoin breaks 50$!
Post by: CrazyBart on March 18, 2013, 11:37 pm
I cant be the only one excited!
Title: Re: Bitcoin breaks 50$!
Post by: fredflintstone on March 18, 2013, 11:51 pm
It is good news ... It kinda crashed last week after the big surge, then the blockchain forked .. but it still goes on.

Mainstream media is reporting on it, I see stores on the Island here accepting it more and more as payment ... Silk Road is just a small piece of the puzzle.

$100 by the end of summer I think.
Title: Re: Bitcoin breaks 50$!
Post by: nomad bloodbath on March 19, 2013, 09:25 am
Yup i unloaded all but the last couple in the last few hours.
X)
nomad
Title: Re: Bitcoin breaks 50$!
Post by: JezuzWazaMushroom on March 19, 2013, 10:04 am
Yup i unloaded all but the last couple in the last few hours.
X)
nomad

I did the same a few days ago!

I've played the stock market long enough to know when to cash out my chips while I'm ahead.

I've seen bigger crashes occur from shares hat were actually backed by physical commodities, let alone a conceptual medium of exchange.

$50... WTF???

I say "BEHOLD, A BLACK HORSE RIDES!"

Some phat cats are going to cash out very soon me thinks and people sitting on them saying they will eclipse $100 don't understand that with a crash in real currencies it's going to carry over to alternate currencies like BTC.

Even if that value goes up, the inflation will offset that if there is a crash, which is what I see people hedging their bets on.

Me, I'm buying silver bullion that's tangible and I hold in my hand, and is therefore REAL MONEY!

- JWM
Title: Re: Bitcoin breaks 50$!
Post by: smogmonster13 on March 19, 2013, 01:09 pm
I've heard people referring to Blockchain.info failing.

I've been using it as one of my wallets. Should I be especially worried. (I'm always worried).
Title: Re: Bitcoin breaks 50$!
Post by: Sensei on March 19, 2013, 01:32 pm
When I attempted to use them a few days ago on the 16th and 17th there was a lot of errors on Blockchain.info but yesterday it started working for me again. It may take time before everyone's wallets are fixed on there but don't quote me on that, that's only speculation.
Title: Re: Bitcoin breaks 50$!
Post by: CrazyBart on March 19, 2013, 07:14 pm
and we broke 60 for a little bit this morning!

Next stop the moon
Title: Re: Bitcoin breaks 50$!
Post by: eskimoplea7 on March 19, 2013, 09:37 pm
i should have invested
when i first got here BTC was at 7
Title: Re: Bitcoin breaks 50$!
Post by: Jediknight on March 20, 2013, 12:37 am
It's now worth more technically to rob someone for their bit coins rather than their cash. . . Freaky world we live in now.  This is a stickup.  Gimme all your bit coins onto this USB stick now!   
Title: Re: Bitcoin breaks 50$!
Post by: DanDanTheIceCreamMan on March 20, 2013, 03:04 am
Yup i unloaded all but the last couple in the last few hours.
X)
nomad

I did the same a few days ago!

I've played the stock market long enough to know when to cash out my chips while I'm ahead.

I've seen bigger crashes occur from shares hat were actually backed by physical commodities, let alone a conceptual medium of exchange.

$50... WTF???

I say "BEHOLD, A BLACK HORSE RIDES!"

Some phat cats are going to cash out very soon me thinks and people sitting on them saying they will eclipse $100 don't understand that with a crash in real currencies it's going to carry over to alternate currencies like BTC.

Even if that value goes up, the inflation will offset that if there is a crash, which is what I see people hedging their bets on.

Me, I'm buying silver bullion that's tangible and I hold in my hand, and is therefore REAL MONEY!

- JWM

Excuse me, sir. But I'm just wondering how you have so much negative karma? I think you should eat some pralines and cream or chocolate chip cookie dough icecream. Good karma is bound to come your way when you're eating icecream! I wouldn't lie!
Title: Re: Bitcoin breaks 50$!
Post by: Davey Jones on March 22, 2013, 06:17 pm
So, you see the coins going up even further?  Would you say investing at this point is a good move?
Title: Re: Bitcoin breaks 50$!
Post by: HeatFireFlame on March 22, 2013, 06:33 pm
I read somewhere that the amount of BTC generated every year drops, i my opinion, The group of people that came up with that idea, have hundreds of thousands if not millions tucked away untill there is only so many thousand generated a year and the price goes sky high. Im telling you They are sitting there laughing right now the fact that BTC is now displayed on stock boards the world over and recognized as an official digital currency if it's true. Think what they were worth originally when they were first started practically nothing, Now $50, I reckon it's money making time for a select few who have pulled off one of best investment ideas ever.
Title: Re: Bitcoin breaks 50$!
Post by: CrazyBart on March 22, 2013, 06:43 pm
I read somewhere that the amount of BTC generated every year drops, i my opinion, The group of people that came up with that idea, have hundreds of thousands if not millions tucked away untill there is only so many thousand generated a year and the price goes sky high. Im telling you They are sitting there laughing right now the fact that BTC is now displayed on stock boards the world over and recognized as an official digital currency if it's true. Think what they were worth originally when they were first started practically nothing, Now $50, I reckon it's money making time for a select few who have pulled off one of best investment ideas ever.

Read up on bitcoin mining and everything that goes along with that (hash rates, mining difficulty, block rewards) also read up on the creator of Bitcoin "Satoshi." Might help ya out bud.
Title: Re: Bitcoin breaks 50$!
Post by: HeatFireFlame on March 22, 2013, 07:12 pm
I read somewhere that the amount of BTC generated every year drops, i my opinion, The group of people that came up with that idea, have hundreds of thousands if not millions tucked away untill there is only so many thousand generated a year and the price goes sky high. Im telling you They are sitting there laughing right now the fact that BTC is now displayed on stock boards the world over and recognized as an official digital currency if it's true. Think what they were worth originally when they were first started practically nothing, Now $50, I reckon it's money making time for a select few who have pulled off one of best investment ideas ever.

Read up on bitcoin mining and everything that goes along with that (hash rates, mining difficulty, block rewards) also read up on the creator of Bitcoin "Satoshi." Might help ya out bud.

I know about Btcmining etc well i grasp the idea of it all and i get it on a basic level. I will have a read into it . Thanks mate