Bitcoins going up..!

Originally Posted by TheRealMakan

I don't know if many of you have noticed this or there are threads on this already, but has anyone noticed the price of bitcoin is gradually increasing every single day?

I bought $30~ of bitcoin last week and now it's worth over $40. I'll say for those with a lot of bitcoins, think about selling em this week. Pretty sexy prices are high.

Anyone know why it's like this?

I had $950 in BTC now it became $1155

Originally Posted by JDXT

That's how all crypto currencies are they are using the same formula. Right now we aren't looking at the death of Cryptocurrencies heck not even BTC for that matter. What we are looking at is how Economies work. When mining payouts halve and difficulty increases people stop mining. The BTC we have now becomes valuable. However people will lose faith in BTC which then may turn into its death. Dramatic shit.

In short you can't have a stable cryptocurrency.

Nah, we won't loose faith in cryptocurrency. I mean, it may become the new "cash", as it's hard to track.

Originally Posted by Captain Jacky

Nah, we won't loose faith in cryptocurrency. I mean, it may become the new "cash", as it's hard to track.

You can literally see every transaction that has ever been made. How is that hard to track?
The only way for illegal people to "clean up their money" is throwing it in a big ass bitcoin pool

Originally Posted by x12

You can literally see every transaction that has ever been made. How is that hard to track?
The only way for illegal people to "clean up their money" is throwing it in a big ass bitcoin pool

Yea, that's what BTC mixers are made for..

Originally Posted by x12

You can literally see every transaction that has ever been made. How is that hard to track?
The only way for illegal people to "clean up their money" is throwing it in a big ass bitcoin pool

Yeah if you use block chain lol.

Try using Trezor or another offline wallet and tell me if you can track anything man

Originally Posted by Captain Jacky

Yea but if they own half the currency, they can basically control the market's price.

Also a valid point I guess

i made awesome profit from this increase , sold all my bitcoins but now i have a feeling that it will keep going up and i might miss a better chance

I think it will go down back soon

when i checked today 1 BTC was 687€

Originally Posted by Nyaro

when i checked today 1 BTC was 687€

I have no idea where you checked that.
685 USD maybe, but it hasn't been above 625 EUR.

Originally Posted by Nyaro

when i checked today 1 BTC was 687€

Coinbase shows something else, and they are the closest ones. (possibly exact)

What the hell? Wasn't it 581 like 3 three days ago?

Originally Posted by Luis

What the hell? Wasn't it 581 like 3 three days ago?

Yes it was, took like $200 in a week lol

Originally Posted by Captain Jacky

Yes it was, took like $200 in a week lol

I had just started looking at bitcoins and I saw it was $581 and I was pretty impressed, now it's almost 700. #OpportunityMissed.

Crazy how much the price of bitcoin has risen in about 2 weeks

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