Bitcoin shoots past $150 today

This look eerily familiar to the NASDAQ in February/March of 2000. Plus there's no recent financial news to justify such a huge jump in value in such a short time.<p>This bubble will burst. It will burst soon and it will burn the people who just jumped in and bought the new mining-specific machines that recently came on the market.

Buyers keep entering the market. Mt. Gox is so inefficient at "approving" new users that it may actually be slowing down the crazy growth. Last I heard, there were over 9,000 people waiting to be approved on Mt. Gox.

I have some bitcoin that I've been sitting on for 2 years which I'd like to liquidate, but the spotty track record of bitcoin exchanges makes me wary of providing the kind of identifying/financial information that seems to be required.

You can say whatever you want about this bubble, but a couple of days ago it was around 100 $ who bought it 2 days ago now have earned the 50%... In 2 days... It is just crazy.<p>I can remember the HN post of "BitCoin just hit 10$" and I remember to say to my brother... Whooa that stuff really worth something, we should start mining it...<p>Plus if there is more than 9000 people waiting to buy more than 50.000 dollars of bitcoin, the price is gonna raise again... I might buy some...

Welp, time to sell.

The CAD market is even more insane. It's hit $CAD 173.9 on <a href="http://cavirtex.com" rel="nofollow">http://cavirtex.com</a> .

it's $172 on mtgox, went up another $20 today. This is not a natural movement. This thing is a bubble that can pop any point, but at the same time, I won't be surprised if it goes to $1000 first. Like the .com bubble, you just hope that you can cash out before it crashes.