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Some people must be laughing so hard...? What about those that bought at 266? Crying so hard? What about those that bought at anything under 50 and sold in the flash crash to zero? What about those that have had 100's of thousands stolen from them, with no recourse? What about those that...

Anyone trying to trade this must have rocks in their head. there is no fundamental data to be analysed for bitcoins, there is only a bunch of wannabe traders getting greedy. this is a negative sum game (because of the brokerage fees). You play it long enough, you will lose. Someone bought at 266...

Yeap. These are my staple bars from here on in.

Three words. Dividend Yielding Assets. This is the trade right now.... this will change when the time is right. Silver to 23.75

Massive gold culture in cyprus. its 1/2 turks and 1/2 greeks... both of which have a strong gold culture much like the indians.... however to answer the OP's question, I doubt anyone could pawn anything because where would the pawn shop owners get their cash from!?

I think the market is believing (and probably rightfully so) that this is a once off... I guess if they do it again anywhere else, then the markets will have zero confidence, but for now the ECB is getting the benefit of the doubt. I still expect the EUR to be strong.

nope

Hope so. Just took a long possy not long ago on gold

Silver isn't being passed off as a currency tho. Bitcoins are. If silver was ever monetised, you bet your bottom dollar it would stabilize pretty quickly as liquidity returned to the market. Edit: Wish I said "bet your bottom bitcoin...." but the moments passed.

Much better. Go knock yourself out... if you tell me its the currency of the resistance and all you'll need in the future is a bunker, cans of baked beans and a USB stick with your bitcoin wallet on it I'm going to cry for your soul. (and yes, I've been told these things from bitcoiners)

I just wish bitcoiners would admit they are speculating. this BS that its a currency and a store of value is just wrong. bitcoins can drop 20% on a quiet day. thats not a store of value - thats a speculative enterprise. its a fad. its a gimmick for tech savvy geeks who havent told their...

Really? That could be said about anything. Ok... here goes. You walk into a bar, and there is vomit on the floor. 1. it's not centrally controlled. 2. we dont know who owns it, its clearly anonymous. 3. it was clearly easily transacted from the original owner to the floor. 4. as for...

Extreme conditions either end (extreme high or low volume).... I'm presuming in this instance its the high volume :) Brokers have to insure themselves in a fast moving market... the time of client side execution and actual market execution despite being milliseconds, can have an adverse impact...

POP goes the weasel!

gold is currently trading at a $2.50 spread on my trading platform (IGMarkets). It usually trades at a 50c spread... thats 5 times spread :) gives you an idea of the volume that is currently going through.

EUR dropped a staggering 200 points on open. This cyprian thing is affecting markets.

greece will be going to the atms and banks tomorrow. spain as well. no-one is safe. if u were in any southern european country that is having difficulty... would you not get it all out? i'd say 10% of people would and thats enough to change the financial landscape for a long long time. i...

youtube vid not showing up for some reason... here is link https://www.youtube.com/watch?v=B_4X9KaD8nA

http://www.youtube.com/watch?v=https://www.youtube.com/watch?v=B_4X9KaD8nA

infact, i think the eur will have an unprecented surge in demand as depositors clammer and banks have to fill their coffers with euros. that will be the trade this week imo. gold up $75 this week imo. silver will lag gold percentagewise but definitely clear $30. edit: monday will probably...