Bitcoins at $75



Nice. Ya supposedly there's been a lot of Spanish buying them up. They saw the writing on the wall with Cyprus.

They know it's a lot of Spanish because the apps used to buy/use bitcoins are being downloaded from that region.
 
Meanwhile at Lukep's place:

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I have no idea where the price of bitcoin is headed. A million? Who knows. But this sure seems like a good time for prices to go up to $100 or get shredded to $30. Extremely volatile right now. Whatever you do just be careful
 
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Edit: Coinbase needs to get their shit together. I've had transactions pending for nearly three days. They seem to be having some issue with confirmations. The ease of buying from them is great, but these bugs are getting in the way of my....yeah.
 
Bitcoin prices will continue to go up until the bull market ends. Right now, Bitcoin valuations are not driven by demand to transact in Bitcoin, but in the speculative value of BTC relative to dollars.

If you're on the wrong end of this, you'll be a sucker. In the meanwhile, people will continue to declare that BTC is efficacious because the value continues to rise (post hoc ergo propter hoc).
 
Bitcoin prices will continue to go up until the bull market ends. Right now, Bitcoin valuations are driven by demand to transact in Bitcoin, but in the speculative value of BTC relative to dollars.

If you're on the wrong end of this, you'll be a sucker. In the meanwhile, people will continue to declare that BTC is efficacious because the value continues to rise (correlation, causation, bla bla bla).

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