So the official statement from paypal is what it was needed to pull the trigger..? Glad it happened 450$ already on bitstamp
lets see where it ends.
Damn I woke up today saw 398, go into meeting with my HR department hella shitty. Bitcoin at 450
Wish this news was next week, I had a bunch of stock I was planning to sell oh well.
Maybe we really are at the bottom, the troll quality is definitely at an all time low.
Ugh its so exhausting watching the price, I just got 2/3 back in 1/3 last night 1/3 this morning. Waiting for awhile for the last 1/3 to see if it will go down below 300.
People are so stupid, bitcoin is the primary currency of most darkmarkets, that is, a multi-billion dollar industry. It may go lower than 300 at some point but it is not going to die overnight or in the near future. Only when these darkmarkets transition to a superior more anonymous currency/platform we will see the true end of bitcoin.
This is true, its not like overnight Bitcoin's technology broke or stopped functioning. In fact yesterday I read Gavins report on how we can scale the Bitcoin Protocol to scale with the volume of transactions = Visa
https://bitcoinfoundation.org/2014/10/a-scalability-roadmap/Very interesting read on a few improvements coming to Bitcoin in the next few releases. Additionally I recall reading that the Bitcoin Foundation is going to standardize on a symbol for Bitcoin in 2015:
http://www.coindesk.com/bitcoin-foundation-standardise-bitcoin-symbol-code-next-year/With these changes, and all the VC Capitol that is going into Bitcoin related Technology I see this being "one" of the best investments people can make right now. Compared to last year where before the ATH (All time High) to 1000 we have alot more investors in the market this time around.
Can't wait for the next bubble peak, see you all their.
Edit: Also Bitpay Bitcoin Bowl will be on TV in ~2/3 months - Someone said 12/26/2014 - I hope they accompany the bowl with a few commercials about Bitcoin/Bitpay.
Additionally the Winklevoss COIN etf.
Porn Industry slowly adapting Bitcoin.
User Friendly Software to interact with Bitcoin is slowly being released for the general masses.
you mofos better buy now, if it doesn't work out i'm going to have to hide some fundz!
Don't worry man we will watch the price for you, go take care of business. Buy a bottle of Scotch, and tape your situation back together.
Adam we need a new poll of some sort, I want a new vote on what people think the price might rise/fall too by the Start or end of next week!
Holy mackerel, I literately was working on a program for 2 hours then ate a bagel, price jumped 20+ dollars. I still think that this is only temporary and we will see a big sell off soon.
This is crazy!!!!!! Remember during the last crash when people were contemplating suicide. That time is probably just around the corner, but will be a much worse this time as we have mainstream media attention at a larger scale
What is the new floor going to be? I was thinking somewhere down at 900 USD, that seems too hopeful, its looking like it might be even higher now above 1300. At some point I think profits are going to be taken and this is going to fall like a lead balloon. Once the media hype-cycle reverses on Bitcoin its gonna be bad "news". Lately we have seen in the media these softball fluff pieces of news about Bitcoin, mind you on mainstream news sources. They will reverse on us sooner or later, producing edgy content about how Bitcoin is not really all its cracked up to be or some dumb shit narrative they take that the mass will blindly accept.
Programs that trade BTC for profit, Usually are not programmed to buy when the price is near or at the highest its ever been ever. In fact the programs do the reverse and sell incrementally percentages of reserves during periods of value growth.