Once the chinese wake up the value will start to rise again. 3 hours from now...

I said that the Chinese waking up would turn things around. Those Chinese are fearless anyone who has seen a Chinese doing business knows this.

Please go down  I don't even have one whole bitcoin

Well it's going back up... This sucks that I can't find an easy way to buy bitcoins! Using VirWox is really a pain in the ass.

China is waking up and when they see the price so low they might start selling like crazy. The bear could have made a timing mistake.

Centralized economies hate competition and will do anything to destroy it. This is just the beginning.

This weekend will make me decide if I turn into a Bull or a Bear.

Could it be that the Bitcoin popularity arrived at a bad time? I mean this year the price surged and many people became aware of Bitcoin but looking at the infraestructure that surrounds Bitcoin you can see that it is still in its infancy so I imagine many people who got interested in it at first also got dissapointed when they found all the trouble trading with Bitcoins entails, all the technical stuff surrounding it and the kind of shadyness of many of the services surrounding the virtual coin. For example the noobishness of some of the big exchanges. I can't help but feel that the hype was somehow kind of wasted because of all these problems. Maybe later when the infraestructure is more mature people will adopt it faster and it will become a much bigger phenomenon. What do you think?

Should I buy now or wait until the weekend for a fix or crash??

Has anyone here used the Butter Bot? if so how well does it work? I have not so much experience trading so even if I don't get optimum profits I want something to at least keep me with a mostly constant positive input.

You're forgetting about the chinese. Once they wake up this thing will go up again because they don't really care about any of that.

Any Black Friday bitcoin deals out there?? 

This is a bubble, this has to be a bubble, right? right!!!??

Sell before weekend??

Stupid bot sold all my bitcoins at a loss and now it seems it will buy again at a loss bitcoin-wise too

Butter bot using the recommended settings. Since I'm a noob in trading I don't know how to adjust the settings to my benefit yet so the bot has missed the big dips and made very dumb moves...

I don't know how many people use it but yeah it's an API. I have it set on BTC-E

Sold at $398

I'm sorry for not listening 

thanks for the suggestion . I think i'm leaving the bot alone until I get a hang of this first.

I actually have it set at -2 tick offset   

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

We're on the weekend don't we? shouldn't we be going down?

Screenshot of Satoshi please. Can' see the hearing from here don't know why

I wired some money since thursday to BTC-E but my money hasn't arrived yet. Damn unichange.me I didn't have this problem with XMLGold before!!  

Yes, adoption is what will really bring the price up not awareness and for that we need for bitcoin to be a success as a technology and not just as a toy for speculators.

Wtf? What's up with btc-e ? It's always $100 behind box. I have all my coins there. Is btc-e safe?

All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.

Stop buying real gold and minerals. That destroys the planet. Get her a virtual ring.

Mining companies are destroying the environment in countries like Chile. And we need the environment to survive. So I really think people should try to buy less frivolous stuff like rings made of gold. Virtual mining should be the future and let real resources for stuff that is actually needed.

The virtual ring was kind of a joke But anyways I'm sure girls can be happy without stuff like rings and jewelry they just need a good substitute. Take her around the world or something

Well I have to agree that airplanes suck. Maybe someday your bitcoins could afford her her own airplane  

Gox is making me dizzy

Altcoins behaving weirdly. NVC jumped from $8 to like $26 is a couple of minutes.

How can new comers buy many coins at this price? I just don't see how a bullish run can be done and kept stable at these levels. We would need several small bullish whales or a really large one.

$10 in one hour

A question what if people start "losing" bitcoins to hike the price up. Is that possible? That could be a problem in the future if it becomes a normal practice. Is there a way around that?

I think that is a must if we want bitcoin to have a better image for the general public. Right now everyone outside the bitcoin world sees it as a bubble about to burst. I really can't blame them though... this is kind of ridiculous.

Why aren't businesses adopting bitcoin payments like crazy? we really should start with this now. Amazon, get on with it. We have to make this sustainable and not reliable on the fragile human psychology.

embee sounds nice but embit maintains a closer attachment to bitcoin because of the bit part.

The exchanges are behaving very differently. Is this a sign of trouble?

BTC-e is like $200 behind gox. This is ridiculous

Altcoins are crazy con gox, is almost better to invest on ltc than btc now. I dont think this is good for btc.

And btc keeps going down on btce. Now 907. Ltc is taking fiat away from btc.

So the Chinese will change their focus on a different altcoin every 3 months? Lol

Since I trade on btce I found it wise to inform myself a little bit about altcoins since the value of btc there apparently is greatly affected by them. The one that caught my attention and interest is definitely peercoin above the others. I've always thought that bitcoins main flaw is that they can be accumulated by few parties which will function as a central authority in the end, with peercoin this problem is addressed pretty elegantly. I think bitcoin has many years of success still but I think a coin like peercoin is much more futureproof and has a better chance at becoming stable and useful for a decentralized market. Anyways, I just bought my first 20 peercoins, although I won't get rid of my bitcoins of course.

If bitcoin is a ponzi regular money is also a ponzi. Why can't people be honest with themselves??

Oh god that's the most bearish link I've ever seen. Selling all my stack ASAP.

Get your bitcoins to litecoins during the night. Wait for the torrential waters to pass and then go back.

When they found out about litecoin.

So... who's falling for that stupid game?

With the announcement that gox and possibly coinbase is accepting litecoin trading. Do you think altcoins are going to affect bitcoin negatively? I mean people looking to get rich quickly would probably rather buy the cheaper coin than bitcoin. This is going to get complex.

No problem with that but it will definitely make consolidation more difficult. Or maybe easier?? I don't know this type of thing is so new in so many ways.

Invest one btc in ltc. Wait for mtgox to add ltc (they already announced it). Wait for ltc price to double its current price during the bubble. Buy back btc recovering the lost one. And never use those apps you used again .

Lol good answer.

Why didn't BTC rose $400 in two days? am I supposed to wait to become rich??? what is this!?!? *outraged*

Isn't BTC-e in Bulgaria?

I have no problem paying for taxes if the government uses them well. Frankly the libertarian utopia doesn't convince me, Bioshock is a testament to that . But you should try it to see if it works although I wouldn't hold my breath.

Well Ayn Rand's work, which is the basis for the philosophy of many libertarians I know, is also highly fictional...

I don't see what is happening in Venezuela as confirmation of Rand's fantasies... Venezuela is just one case but look at Ecuador the state intervention in the economy actually improved the situation considerably for ecuatorians while the opposite happened in Spain... every country is different.

Depends on the libertarian you talk to I guess... some of them are quite extreme. But I agree the government needs to be more controlling in some places and less in others. Although there's a main flaw in libertarian theory and that is that once a corporation gets big enough it starts controlling economic policy much like a government or central authority so we end up with the same problem.

The problem with that is that if taxes are voluntary then their purpose is pretty much void. I've always been of the idea that there should be countries for every taste. Countries that follow a more libertarian or even comunistic way of government and people should decide where they go to live. The problem is that the world power structures are very intolerant to variety.

But didn't China ban it as a currency too? In that case probably the main purpose of bitcoin is void. I'm not saying that's the case but that's what I heard. Banning the banks is moot, who cares? But banning the currency aspect of bitcoin is really not cool.

Pannicked. Sold BTC and bought LTC... Sigh... now I'll wait until LTC is 0.1 BTC to rebuy. Long way to go...

I have to admit that I'm also waiting for a price to cash out but the beauty of it is that by the time that price range arrives bitcoin is going to be consolidated enough for me to not have to cash out. I imagine many people will be in that same situation.

I've seen a lot of libertarians whining about MtGox but isn't no regulations what libertarians fight for??

Anyways, everyone of us knew what we were getting into. No use whining now. Thankfully I didn't have any money on MtGox.