Silk Road forums

Discussion => Security => Topic started by: morpheus10 on July 31, 2012, 12:49 am

Title: Huge rise in Bitcoin price?
Post by: morpheus10 on July 31, 2012, 12:49 am
http://xfq5l5p4g3eyrct7.onion/view.php?image=5c6c634b97449e6a4b1666f977c14585.png
Picture from http://bitcoincharts.com/markets/currencies/

Am I going crazy or is this really happening? 
18.54$ for 1 BTC…
Title: Re: Huge rise in Bitcoin price?
Post by: Omega Rushmore on July 31, 2012, 12:52 am
Go to coinmill.com and check the bitcoin price there...

right now its 1 BTC = $8.91, so yeah its up, but not at $18!!!

Omega

Title: Re: Huge rise in Bitcoin price?
Post by: morpheus10 on July 31, 2012, 12:55 am
Are you sure?  I was about to add some 2C-B pills in my cart, and their price went from 1BTC / pill to 0.5BTC in just a few minutes…
Title: Re: Huge rise in Bitcoin price?
Post by: TheAbsurd on July 31, 2012, 12:57 am
I noticed something fucking weird as well. I got an extra $100. I was like, "Wow, tony76 came back and returned my money". But I changed the settings to bitcoin view, and I still have the same amount of bitcoins. So it looks like I have more money but I still have the same amount of bitcoins.
Title: Re: Huge rise in Bitcoin price?
Post by: twon on July 31, 2012, 01:00 am
the btc rate on SR is erroneously at 19
Title: Re: Huge rise in Bitcoin price?
Post by: 88 on July 31, 2012, 01:06 am
I thought SKYY might have felt bad about taking the money and running but it's something else.
Can we spend this anomaly or is it somehow going to bounce if we do?
Title: Re: Huge rise in Bitcoin price?
Post by: Sc0t1and_Y4rdi3 on July 31, 2012, 01:10 am
I thought SKYY might have felt bad about taking the money and running but it's something else.
Can we spend this anomaly or is it somehow going to bounce if we do?

no harm in trying, just encrypt your address
Title: Re: Huge rise in Bitcoin price?
Post by: najanate2 on July 31, 2012, 01:11 am
Well i just placed an order, if it is hedged and i cancel it does that mean Ill receive the same amount of bitcoins? or will i receive the amount of bitcoins the rate is currently at?

I think the orders will bounce because when the vendor tries to cash in the order he'll be receiving half the expected amount right?
Title: Re: Huge rise in Bitcoin price?
Post by: awakened350 on July 31, 2012, 01:14 am
I just spend the last 15 min trying to fugure out where all the extra money in my account came from. This has got to be a glitch. Mtgox is still showing normal rates. I've gotta pull my listings until this is fixed :(
Title: Re: Huge rise in Bitcoin price?
Post by: awakened350 on July 31, 2012, 01:16 am
Well i just placed an order, if it is hedged and i cancel it does that mean Ill receive the same amount of bitcoins? or will i receive the amount of bitcoins the rate is currently at?

I think the orders will bounce because when the vendor tries to cash in the order he'll be receiving half the expected amount right?

My understanding is that hedging does not go into effect until the order has been marked as shipped
Title: Re: Huge rise in Bitcoin price?
Post by: NFHC on July 31, 2012, 01:24 am
http://dkn255hz262ypmii.onion.to/index.php?topic=33244.0

onion.to, really?
Title: Re: Huge rise in Bitcoin price?
Post by: Sc0t1and_Y4rdi3 on July 31, 2012, 01:26 am
just ordered 10grams of coca

fingers crossed!
Title: Re: Huge rise in Bitcoin price?
Post by: MySecretAccount on July 31, 2012, 01:30 am
http://dkn255hz262ypmii.onion/index.php?topic=33244.0

What is this? It's asking me to go through some double tor proxy or something....
Title: Re: Huge rise in Bitcoin price?
Post by: Bud on July 31, 2012, 01:32 am
Last time this happened vendors cancelled all orders that were placed during the rise so don't get your hopes up.
Title: Re: Huge rise in Bitcoin price?
Post by: skills on July 31, 2012, 02:03 am
Well i just placed an order, if it is hedged and i cancel it does that mean Ill receive the same amount of bitcoins? or will i receive the amount of bitcoins the rate is currently at?

I think the orders will bounce because when the vendor tries to cash in the order he'll be receiving half the expected amount right?

My understanding is that hedging does not go into effect until the order has been marked as shipped

Not true, i canceled once, got my btc shaved...
Title: Re: Huge rise in Bitcoin price?
Post by: Leroy the bad boy on July 31, 2012, 10:09 am
Yes, I noticed this too....yesterday for about 25 minutes, a HUGE increase in BTC value! All orders looked 1/2 price, couldn't believe my good fortune......but about 20-25 minutes after it happened, everything went back to normal. There has been some weirdness going on!
Title: Re: Huge rise in Bitcoin price?
Post by: Nyah on July 31, 2012, 12:14 pm
My advice, If you have a reasonable figure of cash to play with, Invest in bitcoins.
The Silkroad is only becoming more viral every day.

Increased demand = Value of Bitcoins go up.
Could easily double your money if you were good with this sort of thing.