[dba-Tech] Bitcoins

On 2013-04-10 7:32 PM, Rocky Smolin wrote:
> What would cause anything - stock, bond, currency, commodity, collectible -
> anything, to go from 15 to 250 in three months.  IME, only two things -
> feverish speculation and manipulation.

But that's the thing about real markets---price "fundamentals" consist 
of the prices people are willing to pay.

PB

-----

> IME, nothing fundamental would ever
> cause that.  Given the nature of bitcoin - unregulated, no real assets
> behind it really - I suspect a combination of the two with the emphasis on
> manipulation.  It smells of a 'pump and dump' scheme.
>
>
> R
>
>
> -----Original Message-----
> From: dba-tech-bounces at databaseadvisors.com
> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Hans-Christian
> Andersen
> Sent: Wednesday, April 10, 2013 3:53 PM
> To: Discussion of Hardware and Software issues
> Subject: Re: [dba-Tech] Bitcoins
>
> http://www.businessinsider.com/bitcoin-plunges-2013-4
>
> Lol
>
> - Hans
>
>
> On 2013-04-10, at 1:45 PM, "Rocky Smolin" <rockysmolin at bchacc.com> wrote:
>
>> <= 30 days.  I'd short it if I had the cojones for that sort of thing.
>>
>> R
>>
>>
>> -----Original Message-----
>> From: dba-tech-bounces at databaseadvisors.com
>> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Jim
>> Lawrence
>> Sent: Wednesday, April 10, 2013 11:05 AM
>> To: 'Discussion of Hardware and Software issues'
>> Subject: Re: [dba-Tech] Bitcoins
>>
>> My guess is "Bitcoin"... but this is hardly unusual.
>>
>> Any bets on the timing?
>>
>> Jim
>>
>> -----Original Message-----
>> From: dba-tech-bounces at databaseadvisors.com
>> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Stuart
>> McLachlan
>> Sent: Tuesday, April 09, 2013 2:33 PM
>> To: Discussion of Hardware and Software issues
>> Subject: Re: [dba-Tech] Bitcoins
>>
>> Who can spell "bubble"?
>>
>>
>>
>> On 9 Apr 2013 at 9:48, Jim Lawrence wrote:
>>
>>> To All:
>>>
>>> It appears that as other currencies falter or as the market has been
>>> fluctuating. The flight to another stable or at least currency
>>> outside the existing banking cartelle has been increasing. Bitcoin
>>> value has been bounding up.
>>>
>>> Last week the Bitcoin currency has hit a new height of around $180 a
>>> coin, up from $72 last week which is up from $26 a little over a
>>> month
>> ago.
>>> The theory behind the coin is that it reflects the true value of
>>> world currency but I feel it is now opening up to the asperations of
>>> speculators...not a good a thing at the best of times...but some
>>> aquaintances, at least on paper, have made a substantual profit. In
>> reality,
>>> its true value can only be accessed when purchasing products and that
>>> has not been truly tested.
>>>
>>> Jim
>>>
>>> -----Original Message-----
>>> From: dba-tech-bounces at databaseadvisors.com
>>> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Tina
>>> Norris Fields
>>> Sent: Tuesday, April 09, 2013 5:18 AM
>>> To: Discussion of Hardware and Software issues
>>> Subject: Re: [dba-Tech] Bitcoins
>>>
>>> Thanks, Jon.  I wasn't talking about Bitcoins, but I was listening in.
>>> I'm interested in the phenomenon and fascinated by watching it.
>>> T
>>>
>>> Tina Norris Fields
>>> tinanfields-at-torchlake-dot-com
>>> 231-322-2787
>>>
>>> On 4/8/2013 5:42 PM, Jon Tydda wrote:
>>>> Hi all
>>>>
>>>>
>>>>
>>>> I can't remember who was talking about Bitcoins recently, but I
>>>> thought you'd be interested in this:
>>>>
>>>>
>>>>
>>>> http://www.bbc.co.uk/news/technology-22064534#
>>>>
>>>>
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> Jon
>>>>
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>>
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