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NoticedThe Bitcoin Price Lately?


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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

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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:
-- The Guardian 2013-10-29
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A topic title like "Noticed The Bitcoin Price Lately?" screams for a chart. Here is one I found on the web:

attachicon.gifBitcoin 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.

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  • 8 years later...
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 ???? 

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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 . 

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