Haha, I love how on the poll question it's currently 35% >$320 and 37% "It's topped out now" ... That's what I love about people in bitcoin, a "all or nothing" kind of mentality. There's never no middle ground amongst speculators; it's either "to da moon" or "R.I.P", take it or leave it.

Well, I mean technically you can buy instant BTC with coinbase.. but you have to link your credit card to your account, incase if the payments don't go through from your bank account, it will just automatically charge your credit card... Visa and mastercards are only accepted.

But anyways, I've never really looked at purse.io ... I know I should, but I'm lazy. What kind of gift cards are you looking for?

Any market in Dick's Sporting Goods gift cards?  I know this isn't the marketplace subforum, but I got tired of trying sell it on there. If you'd like to buy it, send me a PM.

And man I wish there was a Bitcoin ATM near my place... that would be so convenient, but next place I move too it will be sort of within driving distance... so good I guess for convenience, bad for me that I won't be moving there till about 4 or 5 more months and the bull spike will probably simmer down by then.

Yeah, that could be possible... but for some reason, I just see that people is stocking up right now on relatively cheap coins that they would hold until the halving.  I just see this as a buy it now, or regret it later kind of thing; not necessarily a bull trap.  I can see my self having to put ~$500 in 4-5 months to get a full bitcoin, and when I move I'll be thinking back to this and wishing "damn I wish I was here 4-5 months ago".

Hahaha, why so gloom QA?  This is the comeback rally beyond $1000K again, so be happy... just curious though, how much investments did you make?

Nice... I think you're making a smart move.  But for me, being someone who has just started a family with student loan debts and everything, I can't seem to make that investment.  I just bought only 1 bitcoin a couple days ago, and saving up to buy another... I just hope I can save enough money to keep steadily buying bitcoins without breaking the bank.

Yeah, but I'm one of those people who like to gamble ... Plus I already have some like .5 bitcoins saved up from the last time I dumped them out, but now, for me, it's time to get back a heavy wallet (for me that's realistically like 2-3 BTC) lol.

lol... well, when that time comes (probably by next week or the week after) you can sell me yours. I'll be happy to pick up some spare coin you might throw to the bull riders. 

Just curious though, how many coins did you sell out?

I'm putting as much extra funds as I have into bitcoin as I can currently afford... but as of right now, unfortunately that's not much.  What I was getting at is that I think it would be dumb to sell out a lot of your bitcoins you have, when you can see a clear rally coming.  There has been so much progress and news out there of businesses starting to incorporate bitcoins, banks starting to look at the block chain (I know what your thinking, and no, they won't start there own crypto "coin"), more regulated and better exchange site platforms that allow major players to start buying crypto (Ex: gemini)... There won't be a Gox, because I don't believe there is or will ever be another Gox situation... at least I sure hope not.

No kidding... I woke up today feeling confident about my small purchase last night, now I'm feeling quite stupid.  Oh well, guess I'm going back to work to make up for the losses

Ok, so question... If bitcoins prices do end up "sky rocketing" when China gives the green light... Wouldn't this in turn just demotivate China's government once again? The main point of the article was saying that China is starting to like Bitcoin because it's less volatile and can be regulated... If prices sore upwards, there is a bigger chance of a huge dump, and probably drive their government away...

Or am I just reading too much into this?

We have to remember the fact that this seems to be a steady incline in the prices and not some huge pump toward the moon like back in 2013.  Everyone on here is getting so antsy for some huge increase in a short matter of time... while they forget that a huge pump will ultimately see a huge dump.

That would make anyone cringe now thinking back on it... but hopefully with more of the "bullish" news coming out that the Chinese government might make bitcoin less restricted over there, and the fact that the halving is coming next year; we'll see a steady increase from here on out.  So hopefully JayJuanGee can make his money back if he hasn't already dumped his coins yet and holding on to them for better days ahead.

Ohhhh, shhhhiiiiii...

But seriously tarmi... what is the ultimate reason for your pessimistic views on the value of bitcoin?  You have to have something figured up in your head that gives you a reasoning for your hard views.  If you're so sure that bitcoin is going to tank to $60, then please enlighten us as to why.  Especially since there are more and more businesses and companies accepting, mining, exchanging bitcoins... ?

I thought the devs where pretty set on the big blocks by now, and were just deciding on which proposal to implement, and so forth?  Plus, this recent increase in price hasn't really been that much of a bubble... from about a week ago it's only increased in price by like $10, and continues to steadily increase.  I don't see it as much of a "bubble" like it was in early and late 2013.  Now those bubbles in itself was pure manipulation by Gox.

Yeah, unfortunately this is the case... people in this thread have always been thinking in an "all or nothing" approach... but that's the fun of speculating, you never know what's going to be the outcome at anytime.  Once people see the prices go down a dollar, they are instantaneously ready to sell all of their bitcoins, and ready to watch the bitcoin world burn to the ground.

It's actually pretty funny to me, and love to monitor the thread all the time.

Maybe they will put some of those coins back on the market just to have fiat, but I'm starting to think everyone is speculating that the prices are going up very soon, so maybe they will keep a majority of those coins and hang on for the ride... who knows... it's going to be fun to watch, that's all I know.

I would love it for a leash to be put on this beast before "breaking the lock" and letting the price sprint to $300... If it's a huge spike toward $300 then we might even see prices go below $260 again due to some huge dumpage.  I gaurantee you there is someone with a large sack of coins waiting to make it rain when this happens.

I think it's safe to say that it doesn't have to do with one specific exchange site or entity as of right now... Honestly I see it as more of a multitude of different reasonings such as gemini, china, VAT, altcoin dumpings to bitcoin, etc.

That's actually something I never really thought before... it could very well be possible for someone who has a lot of cash laying around just absolutely hates the government in general are just pumping up the prices just to fuck with them in a way.  Lol, I hope this is not the case and is a legitimate growth in bitcoin and not some ruse some troll is doing just for that one specific instance.

No... what I'm saying is that someone is pumping the price up until the point of the auction and then plans on dumping after the auction takes place so they would lose a lot of money... I highly doubt that this scenario is happening, I'm just saying it would be funny if some millionaire out there is trying to do this.

It's quite hilarious to me, the bears feel like they need to dump a bunch of coins at this moment... but the thing is, is that after that huge dump we just got back to where we were last night... that's ok, people are going to keep buying I believe, no need for a freakout as of right now.

Now why the hell would you want another bubble to form? There is just too much evidence of basic economics that this is not healthy for the bitcoin economy because there is always correction in the market, and with the bitcoin market it goes full retard with over correctness and will bury us below $200 again... slow and steady is always the most viable option for anyone who is truly into cryptocurrency being, well, a fucking currency rather than some get quick rich ponzi scheme.

Come on soooo close!!! I can almost taste it!!! The bulls are out strong tonight!

Oh shit! Bears are putting the hammer down on the market right now... Fucking Tarmi style! lol

Well I say if we fall below $285 then this could potentially be bad... but if it hits $290 and holds and continues to rise then maybe it's even more of a sign that this is in fact a healthy growth of bitcoin and it's just the market correcting itself for the mean time..

Is it really necessary to promote ETH here? I mean this is a Bitcoin speculation thread... I understand maybe one or two times promoting it, but I think you might be going a little too far with constant links and references to it.  

Well not to go back off-topic again... but have you looked at any of the cryptonote coins?  They have a pretty compelling idea behind it and practical use.

Wasn't this price point where it dropped last time?? I feel like if we get above $320 we'll be golden... Btw where da fuck is tarmi?

and we're back to $307 which is where the first resistance was if I'm not mistaken...  I think this is actually a good thing, not some rediculous bubble that's going to burst at any given time.

Well if you are saying "bears" as to relation to Tarmi, he's probably filling for divorce, avoiding his credit card bills, and crying hysterically while furiously beating off to asian porn...

Sound about right?

I don't really know... but honestly I can see this as being some kind of "arms race" to collect the most bitcoins before the halving occurs next year.  Maybe this is the true reason that many people are buying in like crazy, or what you said, not trying to miss the train.

So I was just wondering... what's with the huge gap in USD between bitstamp and BTC-e right now? When I was watching the prices go up before hand it was all around the ball park of $4-$8 ...

Does anyone else feel that we all just went back to 2013 and the feeling that the possibilities are endless with this price increase?  It's going to be insane to watch what happens at the $1,200 resistance point.

Haha.. 2 hour ago people were shocked that it crossed the 2200 barrier... This is absolute insanity at it's finest, and am looking forward to waking up later next morning with bitcoin at $350/coin

When did you short?  Did you buy back in at $320? Honestly, I think you are going to really like your decision, but I would highly suggest not shorting again because the profit you made from that short probably bought you back in with the same amount of bitcoins, maybe even less.

China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?

That's what I really hope is going on... I mean hell, earlier this morning I saw it go down $7 in a matter of a minute or two... I feel that maybe we'll be alright after all now that I think about it more.

Wow, did anyone else just see that 500 BTC sell on bitstamp?  This is going to get rediculous,  hopefully we can get a stable footing soon... just not so sure about this rise any more...

I really am worried for Tamari... does any one know if he has jumped off a cliff yet or something of the sort? I really hope not, but with all the financial loss he's acquired, I wouldn't doubt it at all.

lol, "bitcoin" "penny stock"... keep trying to tell yourself that, and justifying what the bears have lost already... I'm not really trying to rub it in any ones face, I truly feel bad for them. And I'm pretty positive Tarmi isn't some multi billion dollar CEO that can afford to lose 100's of thousands of dollars at whim.

The bears are coming out to play now! I think it will probably hit $380 and then continue on it's way to $450 by the end of the night probably.

Haha, I literally lol'd a bit when reading that... that has got to be the steepest free fall I've seen during the rise, and just like that *POOF* back up to $400... I mean really, WTF is going on?

Where's China to save us?? I literally just woke up to this, this is absolute insanity! C'mon! I need more choo choo!

I feel that if Bitcoin becomes the "new monetary system of the future" it will become vulnerable to get tied into those burdens you speak of.  As long as Bitcoin remains limited with a scheduled supply curve, and not have the system go back into the "gold standard notes -> fiat notes" again... we'll be fine in that future monetary system.

Yeah, but like... what would make you think that something like that would ever become true with a global economy that has started to turn more bearish?  With the trade war going on and with Trump seemingly loving the idea of another chance to hang his dick out at world leaders, we are going to be looking at a period of around 3-5 months of people gripping their dollars a lot more firmly...

You think in a period of major recession, people will want to risk 2 months of future rent and bills on some risky investment they probably have no idea about but heard can get you a lot of money?