Will Coinsetter also offer DVD rentals like Coinstar?

A fool and his money...

My interpretation of that article: Coinsetter wants to take advantage of ignorant investors who hear about this nifty "Bitcoin" thingy and decide they want to invest.

/Bitcoin past $200 and counting!

tricycleracer: [upload.wikimedia.org image 800x566]

At least Tulips were a tangible thing.

tricycleracer: [upload.wikimedia.org image 800x566]

Don't worry, it's different this time!

Surely a currency which has appreciated a few hundred percent in the last 6 months is a safe bet.  Right?

OptionC: tricycleracer: [upload.wikimedia.org image 800x566]

Don't worry, it's different this time!

Yeah but it's a golden age for the repo business, one that shall never end.

Oh I just want to add, whenBitcoin prices crash, all the folks who now think Bitcoin is a "good investment" will suddenly start crying bloody murder that they were tricked into buying something with no inherent value.

It's just a matter of when people start cashing out.

So they want to add options and shorting to an unregulated currency. Sounds awesome to me.

Anyone got the number of any shady Eastern Europeans who want to make a few million?

Missed out on this Bitcoin thing.  At least I still have all those Beanie Babies!

MetaCarpal: Missed out on this Bitcoin thing.  At least I still have all those Beanie Babies!

I'll trade you for some Pogs.

People are already shorting Bitcoins and losing their asses (to other people making bank).

Hagbardr: Supes: My interpretation of that article: Coinsetter wants to take advantage of ignorant investors who hear about this nifty "Bitcoin" thingy and decide they want to invest.

/Bitcoin past $200 and counting!

I looked at bitcoins last year but decided they were too risky and volatile after seeing how fast they went from $4 to $8.

D'oh!

I heard about them when they were less than a dollar and thought I had no use for them. Then they climbed to $2 and thought about it, but chickened out. Then they shot up to $30 and crashed back down to $5 and that really spooked me, but now they're really just too scary to touch. Sure you might cash in big, but you can also lose your ass quick. It's worse than a blackjack table.

Bitcoin is falling past $150 and going down so fast the various index charts are offline.  Hold on to your seats!

Stile4aly: Surely a currency which has appreciated a few hundred percent in the last 6 months is a safe bet.  Right?

It's a few thousand percent actually.

I wouldn't invest in it, but if I had...

wraithmare: Bitcoin is falling past $150 and going down so fast the various index charts are offline.  Hold on to your seats!

Laughter OL.

wraithmare: Bitcoin is falling past $150 and going down so fast the various index charts are offline.  Hold on to your seats!


source

tricycleracer: wraithmare: Bitcoin is falling past $150 and going down so fast the various index charts are offline.  Hold on to your seats!

Laughter OL.

[data.mtgox.com image 500x300]

dammit

tricycleracer: [upload.wikimedia.org image 800x566]

That chart pretty closely resembles what is happening to bitcoin  today.

tricycleracer: wraithmare: Bitcoin is falling past $150 and going down so fast the various index charts are offline.  Hold on to your seats!

Laughter OL.

[data.mtgox.com image 500x300]

yours is live and not rehosted and constantly updating.  Not fair.

http://bitcoinity.org/markets

Another nifty real time chart.

what is the worst that could happen?

Hmm, if they're going to offer leveraged trading are they going to offer options? I think I'd like a put option at $250 with a six month period. Except I have no doubt the whole thing would collapse into a little black hole and no one will be there to honor the option.

wraithmare: http://bitcoinity.org/markets

Another nifty real time chart.

Not a chart, but I prefer this one due to the presence of the almighty Bitcoin Pizza Index (story behind it here).

Wasn't bitcoin around $100 a week or two ago?  How the fark does it double in value that quickly and nobody notices the bubble?

IrateShadow: Wasn't bitcoin around $100 a week or two ago?  How the fark does it double in value that quickly and nobody notices the bubble?

Oh people notice the bubble. It's just that they want to get out before it pops. Basically its the financial equivalent of little kids standing on train tracks trying to prove who is the bravest by who jumps out of the way last.