/prog/ - Bitcoin now trading at 65.88$\BTC

Name: Anonymous 2013-03-22 17:16

"It'll never hit thirty, I mean forty, I mean fifty, before it crashes!" they said.

I bet you faggots sure are glad that you never found a way to short them!

Name: Anonymous 2013-03-22 17:18

this is gonna crash and burn

badly

Name: Anonymous 2013-03-22 17:22

>>2
Not until this banking saving-account tax shit in Europe is resolved and people stop panicking.

Name: Anonymous 2013-03-22 17:36

I don't understand how it work? Encryption? WTF is mining? how are they verified to be legitimate? if they can be "mined", wont a better hardware component or algorithm blow it up?

Name: Anonymous 2013-03-22 17:43

NSA can easily take it down, if becomes remotely dangerous. IIRC, American law forbids issuing concurrent currencies.

Name: Anonymous 2013-03-22 17:45

>>5
American law also forbids the Federal Reserve Bank but yet it's been churning away producing debt for 100 years.

Name: Anonymous 2013-03-22 18:05

>>2
Rapidly expanding bubbles will pop. That doesn't mean that people will abandon it after it does so.

>>4
http://www.lifehacker.com.au/2013/01/ask-lh-how-does-bitcoin-work-and-is-it-safe/

Name: Anonymous 2013-03-22 18:08

Last price:$70.19990
Woe to lost opportunities!

Name: Anonymous 2013-03-22 18:09

>>6
Quod licet Jovi, non licet bovi.

Name: Anonymous 2013-03-22 18:11

It gained 5$ in 45 minutes? Talk about stability.

Name: Anonymous 2013-03-22 18:14

>10 I don't think you know what that word means, cretin.

Name: Anonymous 2013-03-22 18:23

>>11
I was being ironic, so shut the fuck up you fucking french retard. Go back to arguing with Nikita, where you belong.

Name: Anonymous 2013-03-22 18:25

>>11-12
Allez vous faire enculer.

Name: Anonymous 2013-03-22 18:26

>>10
It's been over $70 for almost all of the last 24 hours. There was a huge spike in trade volume and a sharp drop in price to about $66 right before >>1 was posted, but the price popped right back up to a reasonable level in minutes.

Name: Anonymous 2013-03-22 18:48

>>13
LLLLLLLLEEEEEEEEELLLLLLLLLLLLLLLLLLLLL
>LE ENCULER FACE
>LE YANNICK IS MAD

Name: Anonymous 2013-03-22 18:50

>>13
le fairy enculer face, le reddit

Bitcoin now trading at 65.88$\BTC

1 Name: Anonymous 2013-03-22 17:16

2 Name: Anonymous 2013-03-22 17:18

3 Name: Anonymous 2013-03-22 17:22

4 Name: Anonymous 2013-03-22 17:36

5 Name: Anonymous 2013-03-22 17:43

6 Name: Anonymous 2013-03-22 17:45

7 Name: Anonymous 2013-03-22 18:05

8 Name: Anonymous 2013-03-22 18:08

9 Name: Anonymous 2013-03-22 18:09

10 Name: Anonymous 2013-03-22 18:11

11 Name: Anonymous 2013-03-22 18:14

12 Name: Anonymous 2013-03-22 18:23

13 Name: Anonymous 2013-03-22 18:25

14 Name: Anonymous 2013-03-22 18:26

15 Name: Anonymous 2013-03-22 18:48

16 Name: Anonymous 2013-03-22 18:50