Very true. Prepare to be called 'lucky' in future years by people with less vision or too tiny balls.
People were bitching about having to spend $5-$20 per coin for years because the early adopters were able to get in at less than a $1. Now people would kill to buy in at those levels. I'm sure this will continue, just keep tacking on zeroes to the same old complaint.
If you want to make a river, pour water on the mountain top.
This is only one of many reasons I choose Ripple as a better world currency alternative. There are vastly more XRP's. So many in fact, it could be literally hundreds of year, if ever, that you would need to calculate beyond the 3rd decimal. It's nearly impossible to do this with Bitcoin because there are only 11 million of them and at most 21 million. And that doesn't account for how many have been or will be lost forever. I know what you'll say, "Bitcoin can be broken down to 8 decimal places." What the vast majority of people say is, "Who cares, what a pain in the arse to deal with .00239484 of something." And I agree.
It's very easy to re-program software to move the decimal and denominate in mBTC or any other. Humans don't do well with small fractions but computers have no problem with it. This is one of the easiest things to fix.
The walls at 105-106 remain consistent but more noteably, the wall at 100 has not budged. If we rip through 100, panic will probably set in and who knows where it stops. But much like after the Dwolla news, there was tons of momentum heading into 100 and it just stopped. If I'm betting and I am, I say we're going into double digits some time next week but, there is the possibility that we could bounce off 100 and see a rise back up to the 110-115 range. It's possible.
I think it will bounce, I don't see it going straight through $100. That level will have to be tested once or twice at least.
That lack of rebound is disturbing.
Yeah I thought we'd see some support at 100. Wow.
Drop tonight over 10k BTC.
Drop some in my wallet on the way. Thanks!
MtGox.com @MtGox
@CryptoRally Hello, There seems to be an issue with the login and we are working on it. We apologize for the inconvenience caused and ...
ShroomsKit... Tell us the truth... Did you sell yet?
And Nagle... Did you buy, Nagle?
Is Nagle back?
Can anyone tell me why there is such disparity between Gox and the other exchanges?
They've taken away the mechanisms for many people to cash out.