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Re: Somebody tried to break through the 19 barrier, but couldn't
Oooh! Now he did it, the wall is broken! 18.5
The 19 can still be a psychological support-line.Re: Somebody tried to break through the 19 barrier, but couldn't
yeah this is becoming boring, I demand more action 
Its the same with almost every other currency at the moment. EUR/USD is not very volatile neither is USD/CHF and USD/JPY..Re: Name the Whale Contest - MetaCo.in promotion (Win 1.5 BTC)
Darling, the Fabulous.
Oh lol, didnt notice you had the same idea 
Just as hyperinflationary as paying people in pennies.
Yes, I meaned that indeed.At the time of writing this I went to http://blockexplorer.com/q/totalbc and it showed 6532850.00000000. If you wait for a while and refresh the page you can watch it go up by 50 at a time. They have almost made 1/3 of all bitcoins that will ever be made.
How do you mean ''that ever will be made''?This means that there will only ever be 21,000,000 bit coins on the market. This is how Bitcoin will stay rare and not just "print" itself into worthlessness.
Yes, and according to Minsky, that is one sign of a coming recession.
Extra question by the way:
How long do you think the Bitcoin-market will last?
Sorry for all the questions, I am just curious and I am yet too take a decision whether I will invest in a mining rig or not.
Extra question by the way:
How long do you think the Bitcoin-market will last?
Sorry for all the questions, I am just curious and I am yet too take a decision whether I will invest in a mining rig or not.
My amateur opinion is that to ask that question, you first have to ask whether bitcoin prices is even experiencing a bubble.
Then you can ask about it bursting.
I believe it is.Then you can ask about it bursting.
How is the exchange USD-BTC going down a recession?
According to Minsky, not yet but It will be.http://www.notesbit.com/index.php/finance/economy/stages-of-recession-economy-hyman-minsky%E2%80%99s-seven-bubble-stages/
According to the Minsky stages of recession you could say that we are at stage 4 with the bitcoin, aren't we?
http://bitcoincharts.com/charts/chart.png?width=716&m=mtgoxUSD&k=&r=60&i=&c=0&s=&e=&Prev=&Next=&v=1&cv=0&ps=0&l=0&p=0&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw&
You can see that the market accelerates, do you think the bubble will burst? If yes, when? Will you think the Bitcoin will make a comeback after the possible recession?
Give me your expert or amateur's opinion.
I personally don't know the answers to my questions, thats why I ask them you.
According to the Minsky stages of recession you could say that we are at stage 4 with the bitcoin, aren't we?
http://bitcoincharts.com/charts/chart.png?width=716&m=mtgoxUSD&k=&r=60&i=&c=0&s=&e=&Prev=&Next=&v=1&cv=0&ps=0&l=0&p=0&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw&
You can see that the market accelerates, do you think the bubble will burst? If yes, when? Will you think the Bitcoin will make a comeback after the possible recession?
Give me your expert or amateur's opinion.
I personally don't know the answers to my questions, thats why I ask them you.
At the time of writing this I went to http://blockexplorer.com/q/totalbc and it showed 6532850.00000000. If you wait for a while and refresh the page you can watch it go up by 50 at a time. They have almost made 1/3 of all bitcoins that will ever be made.
How do you mean ''that ever will be made''?This means that there will only ever be 21,000,000 bit coins on the market. This is how Bitcoin will stay rare and not just "print" itself into worthlessness.
I know for a fact that about 200 BTC has been lost... A few friends of mine started mining back when mining was REALLY good. And well one, lets call him JOE, reformatted and reinstalled his computer, forgetting to backup his wallet. Then the other friend, lets call him BOB, had to leave for military training. Well BOB asked JOE to house-sit for him. BOB told JOE that he had backed up everything and that JOE was free to reformat/reinstall his computer. Well BOB didn't backup either. JOE had something like 70 BTC and BOB had around 140 BTC. So I wonder how much of that 6.534 mil. has been lost?!?
Like, maybe, 10k btc is my guess.The site is under maintenance or something:
http://webcache.googleusercontent.com/search?q=cache:Q3l1F6CsPBsJ:www.xtremesystems.org/forums/showthread.php%3F271701-How-to-fund-your-cruncher-s-utility-bill-OR-how-to-make-money-using-bitcoin+http://www.xtremesystems.org/forums/showthread.php%3F271701-How-to-fund-your-cruncher-s-utility-bill-OR-how-to-make-money-using-bitcoin&cd=1&hl=nl&ct=clnk&gl=nl&source=www.google.nl
You can see it here also, if you wanna see it now and not in 2 hours.
http://webcache.googleusercontent.com/search?q=cache:Q3l1F6CsPBsJ:www.xtremesystems.org/forums/showthread.php%3F271701-How-to-fund-your-cruncher-s-utility-bill-OR-how-to-make-money-using-bitcoin+http://www.xtremesystems.org/forums/showthread.php%3F271701-How-to-fund-your-cruncher-s-utility-bill-OR-how-to-make-money-using-bitcoin&cd=1&hl=nl&ct=clnk&gl=nl&source=www.google.nl
You can see it here also, if you wanna see it now and not in 2 hours.
At the time of writing this I went to http://blockexplorer.com/q/totalbc and it showed 6532850.00000000. If you wait for a while and refresh the page you can watch it go up by 50 at a time. They have almost made 1/3 of all bitcoins that will ever be made.
How do you mean ''that ever will be made''?0.2225 per kWh in germany. (roughly 0.15 USD)
Could have been much cheaper with nucular power (0.08 at least), but i opted for green electricity and on top i do pay an additional 0.0125 per kWh to support development of solar/water/wind power plants even further. Makes it a little bit hard to get profits out of bitcoin, but i'm not going to support a third tschernobyl/fukushima.
edit: fixed decimal points
I dont think German nuclear energy plants are as bad operated and secured as Chernobyl and Germany isn't in an earthquake-sensitive enviroment so the reactors won't harm much.Could have been much cheaper with nucular power (0.08 at least), but i opted for green electricity and on top i do pay an additional 0.0125 per kWh to support development of solar/water/wind power plants even further. Makes it a little bit hard to get profits out of bitcoin, but i'm not going to support a third tschernobyl/fukushima.
edit: fixed decimal points
If I took gray-electricity (not green) it would also cost me around 8-10 eurocents.