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Bitcoin goes up $10 in just one hour

33 pointsby Amarandeiabout 12 years ago

16 comments

nsrivastabout 12 years ago
Uses of money:<p>1) medium of exchange<p>2) store of value<p>3) unit of account<p>4) common ground for rumor and speculation!
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aarondfabout 12 years ago
And it just went down $10 in a few minutes<p><a href="http://aarondfrancis.clarify-it.com/d/mqvp3z" rel="nofollow">http://aarondfrancis.clarify-it.com/d/mqvp3z</a>
olhabout 12 years ago
Mtgox is having a trade lag above 15 minutes. This is making the market/traders crazy.
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aneth4about 12 years ago
For a bitcoin newbie, what are the credible platforms to buy and trade bitcoins?<p>For those that follow bitcoin news, I'm sure there is a plethora of "don't do this," "those guys did this," etc., but what do I do as someone who knows nothing about bitcoins and how to keep them safe?
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retrogradeorbitabout 12 years ago
This is a hugely misleading statement. Zoom out. Regarding the previous 2 hours one could say "Bitcoin collapses by $10 in just two hours". Zoom further out... Look at the last year... Looks like it might recently be a bit of a bubble.
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EduardoBautistaabout 12 years ago
Isn't anyone worried about the Bitcoin bubble bursting? The price is going to get really high because of all the exposure it is receiving right now and people buying a bunch of it hoping that it will just keep going up and up and up.
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nevsterabout 12 years ago
And there it goes - crashing down $10 in the last minute or so...
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hkmurakamiabout 12 years ago
This reminds me of a volatile tech stock falling 15+% afterhours after a bad earnings report, only to bounce back 10+% or more the following morning.
Amarandeiabout 12 years ago
No one mentioned about the URL. Ok, I'll mention it :)
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Amarandeiabout 12 years ago
I posted this just because I found it very funny that the price went down and then up and people started already writing about it. Maybe I'm the only one seeing the humor in it.
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aklemmabout 12 years ago
What are the odds that the latest exposure will be followed by sabre rattling from politicians against bitcoin? And would that scare off enough people to drop the price?
teiloabout 12 years ago
Want to know what the price of Bitcoin is <i>really</i> about? Look at the 30-day chart.<p>Classic hype-curve hockeystick. Everyone should by now know what comes next.
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scootabout 12 years ago
Where do I short?!
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redeggabout 12 years ago
Lol @ $10 spread.
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aetabout 12 years ago
Time to sell...
OGinparadiseabout 12 years ago
Pardon my Bitcoin ignorance, but you can sell, say $1 million worth of coins and not crash the price?<p>How thinly is this traded? 20%+ or - in hours can't be good
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