Bitcoin Back Up To $1000

[anaconda]

$2700.00

 

[anaconda]

$2726.53

 

[anaconda]

$2766.91.....

 

[anaconda]

$2778.56

I guess $2700 didn't scare many. I was watching pretty close and it just blew past $2700 without looking back. Often there seems to be a waffling around these new added $100 thresholds.

 

[enter`name`here]

From 2700 to 2400 very quickly. Time to see what this bull run is made of..

 

[RonPaulIsGreat]

my dreams are being slaughtered.

 

[Indy Vidual]

my dreams are being slaughtered.

Never let your dreams die:
It is still a long-term Bull market. Sell some services (or collectable items) for Bitcoin (buying BTC at these lower rates) and expect higher prices later.

 

[RonPaulIsGreat]

Never let your dreams die:
It is still a long-term Bull market. Sell some services (or collectable items) for Bitcoin (buying BTC at these lower rates) and expect higher prices later.

I'm just joking.

 

[anaconda]

$2527.31

 

[anaconda]

$2360.00

 

[anaconda]

$2428.89

 

[merkelstan]

The insane thing is BTC price in S. Korea was like 30% higher than the rest of the world.

 

[anaconda]

$2602.60

 

[anaconda]

The insane thing is BTC price in S. Korea was like 30% higher than the rest of the world.

Couldn't a South Korean simply buy elsewhere?

 

[anaconda]

$2639.55

 

[Indy Vidual]

Couldn't a South Korean simply buy elsewhere?

Most exchanges do not take South Korean money, so there would be fees and exchange rate losses in both directions. 30% higher does seem crazy though.

 

[merkelstan]

Most exchanges do not take South Korean money, so there would be fees and exchange rate losses in both directions. 30% higher does seem crazy though.

Obviously the only reason such differences can occur are government restrictions on trade.

 

[Indy Vidual]

Obviously the only reason such differences can occur are government restrictions on trade.

To be fair, government isn't always to blame for the largest exchanges not dealing in every possible type of fiat currency.
If someone (anyone) was in a position to arbitrage the Huge price difference, they made a big profit.*
*Now they need to hope the exchanges do not steal their funds prior to cashing out.

 

[anaconda]

$2279

 

[anaconda]

I'm guessing that the price has become somewhat stable, for the time being, around $2250-$2350. We'll know soon!