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Bitcoin HITS $400

42 pointsby imd23over 11 years ago

10 comments

lelfover 11 years ago
Hello, is it HN? What&#x27;s problem with just &quot;<a href="http://bitcoinity.org/markets/mtgox/USD&quot;" rel="nofollow">http:&#x2F;&#x2F;bitcoinity.org&#x2F;markets&#x2F;mtgox&#x2F;USD&quot;</a>?<p>Or even better <a href="http://bitcoincharts.com/charts/mtgoxUSD#rg2zig15-minztgOzm1g10zm2g25zv" rel="nofollow">http:&#x2F;&#x2F;bitcoincharts.com&#x2F;charts&#x2F;mtgoxUSD#rg2zig15-minztgOzm1...</a>
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onion2kover 11 years ago
The first mention of bitcoin on HN was 4 and a half years ago. You could have bought them at about $0.05 back then. I wish I&#x27;d been paying more attention.
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skrauseover 11 years ago
As someone not invested in Bitcoin I&#x27;m just curiously waiting for the day when someone discovers a serious cryptographical weakness which makes all Bitcoins suddenly worthless. Has there been any advance in finding flaws in Bitcoin already?
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saalweachterover 11 years ago
This is not a surprise.<p>The bitcoin mining difficulty has ~doubled since October, when the price was ~$200. The price is currently pegged to the minimum profitable price for mining.
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Lucover 11 years ago
Anyone have recommendations for books about financial bubbles?<p>I have a few bitcoin and I believe it is a legitimate currency, but I&#x27;m feeling uneasy with the &#x27;this time it&#x27;s different&#x27; reasoning which is supposed to justify its current runup.<p>Amazon reviews aren&#x27;t being particularly helpful; there isn&#x27;t a book that stands out in my searches so far. I&#x27;ll probably order &#x27;Manias, Panics and Crashes&#x27; by Kindleberger &amp; Aliber ( <a href="http://www.amazon.com/Manias-Panics-Crashes-History-Financial-ebook/dp/B007OSIOWM/" rel="nofollow">http:&#x2F;&#x2F;www.amazon.com&#x2F;Manias-Panics-Crashes-History-Financia...</a> )<p>EDIT: Thank you all for your excellent suggestions!
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QuasiAlonover 11 years ago
I&#x27;ve read a handful of reports here in the past week about several site that got hacked and millions of dollars in bitcoins stolen. For the life of me I can&#x27;t understand why someone would pay so much for something that can be taken away from him&#x2F;her. Perhaps someone here can explain and enlighten me. Please.
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taspeotisover 11 years ago
Bitcoin layperson here.<p>What&#x27;s the deal with the volatility?
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imd23over 11 years ago
More screenshots <a href="https://cloudup.com/icq8MzUMUGU" rel="nofollow">https:&#x2F;&#x2F;cloudup.com&#x2F;icq8MzUMUGU</a>
pyalot2over 11 years ago
I like bitcoin, I do, but, please stop posting prices.
tostitos1979over 11 years ago
Tulips, anyone?