NoticedThe Bitcoin Price Lately?

[UbonOz]

It's going crazy.

[brit1984]

^ its a crazy asset

[moradave]

I suspect it has something to do with JP Morgan Chase bank banning wire transfers in the US and overseas.

http://www.infowars.com/chase-bank-limits-cash-withdrawals-bans-international-wire-transfers/

Could this be the start of currency controls in the US?

[GirlDrinkDrunk]

jesus, it has been established that this is a ploy to get people to upgrade to premium accounts.

stop posting this stroy as if it were the end of the world

[brit1984]

I suspect it has something to do with JP Morgan Chase bank banning wire transfers in the US and overseas.

http://www.infowars.com/chase-bank-limits-cash-withdrawals-bans-international-wire-transfers/

Could this be the start of currency controls in the US?

no, but as many bitcoin "investors" are paranoid nut-jobs such rumours could indeed be a factor that explains the recent price rise

[UbonOz]

Reading articles, it appears that China is boosting the surge.

[Maestro]

Man buys $27 of bitcoin, forgets about them, finds they're now worth $886k

Bought in 2009, currency's rise in value saw small investment turn into enough to buy an apartment in a wealthy area of Oslo

Samuel Gibbs

theguardian.com, Tuesday 29 October 2013 10.07 EDT

The meteoric rise in bitcoin has meant that within the space of four years, one Norwegian man’s $27 investment turned into a forgotten $886,000 windfall.

Kristoffer Koch invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about them until widespread media coverage of the anonymous, decentralised, peer-to-peer digital currency in April 2013 jogged his memory.

Bitcoins are stored in encrypted wallets secured with a private key, something Koch had forgotten. After eventually working out what the password could be, Koch got a pleasant surprise:

Read more: http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home

-- The Guardian 2013-10-29

[Maestro]

A topic title like "Noticed The Bitcoin Price Lately?" screams for a chart. Here is one I found on the web:

Source: http://bitcoincharts.com/charts/mtgoxUSD#rg1460ztgMzm1g10zm2g25

[UbonOz]

A topic title like "Noticed The Bitcoin Price Lately?" screams for a chart. Here is one I found on the web:

Bitcoin chart 4 years to 2013-10-30.png

Source: http://bitcoincharts.com/charts/mtgoxUSD#rg1460ztgMzm1g10zm2g25

Prediction is it will be US$300.00 by the end of the year.

The highs are getting higher and the lows are getting higher.

[Neeranam]

On 10/30/2013 at 10:20 PM, UbonOz said:

Prediction is it will be US$300.00 by the end of the year.

The highs are getting higher and the lows are getting higher.

And $30,000 by the end of the decade ???? 

[ivor bigun]

I dont really understand ,but our son plays some game on the internet ,he has made a load of bitcoin lately .

he has plaid these money games for a year or so ,and has made money ,except on one which he finished up on a few weeks ago ,breaking even .