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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30260. (Read 26708296 times)

legendary
Activity: 1106
Merit: 1007
Hide your women
Overstock is using Coinbase, NOT Bitpay, Geniuses.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Quote
I wonder what the biggest retailer to outright accept BTC without a payment processor. Anyone know?

Your momma?

Honestly, I tried to resist.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
This "capitulation" has got absolutely no conviction.
We are nowhere near capitulation.

Give us a rough time then
hero member
Activity: 700
Merit: 500
There is an overstock of coins right now. Cheesy

It's going to be interesting to find out if overstock are able to hedge against the volatility.
If they are able to, then maybe there's hope for a larger adoption of bitcoin.
If not, and they end up with a significant loss, instead of the small gains they expected, the signal will be bearish.

You are aware they are selling their coins, right?

They ought to. They have to pay their suppliers with fiat money; what else could they do? I strongly believe though that they don't give up all their income in btc... It's not wise, nor profitable. Roll Eyes

Bitpay gets the coins, Overstock gets the lower transaction cost.
And Bitpay they are better suited to manage the risk of hodling or dupming.

Wait for the volume, don't buy until you see the whites of their eyes.  (or at least until after my limit orders all hit)



Yes. That's practically every major retailer so far. I wonder what the biggest retailer to outright accept BTC without a payment processor. Anyone know?
hero member
Activity: 826
Merit: 508
This "capitulation" has got absolutely no conviction.
We are nowhere near capitulation.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
This "capitulation" has got absolutely no conviction. And as the days countdown to 31 January and nothing happens, people wanting to buy in but waiting for the China crash are going to start getting twitchy!  Smiley

any action is more likely to be during the week of Feb 10.

Why do you think?
newbie
Activity: 42
Merit: 0
stamp looks like it's beginning to rebound


and as always, HODL
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
This "capitulation" has got absolutely no conviction. And as the days countdown to 31 January and nothing happens, people wanting to buy in but waiting for the China crash are going to start getting twitchy!  Smiley

any action is more likely to be during the week of Feb 10.

Great, that will move the Bitcoin 1K party into the spring when it is warmer.
full member
Activity: 280
Merit: 100
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
I've decided I'm not smart enough for trading. Sold all, fiat withdrawal pending.

you failed hard at HOLD!

And this is a very soft sell!
full member
Activity: 154
Merit: 100
I've decided I'm not smart enough for trading. Sold all, fiat withdrawal pending.
you failed hard at HOLD!
True, but not 100%. I still have 0.9 mBTC in cold storage Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 154
Merit: 100
I've decided I'm not smart enough for trading. Sold all, fiat withdrawal pending.
legendary
Activity: 854
Merit: 1000


Wait for the volume, don't buy until you see the whites of their eyes.  (or at least until after my limit orders all hit)





Shoot!!!  Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
legendary
Activity: 854
Merit: 1000
I read you bastards often enough to notice patterns. Gloom and doom until the banks close on Friday and nobody can get fresh fiat to the exchanges, THEN you buy like sailors on leave with nobody around to outbid you. I'm keeping some powder dry.

You my friend understood the purpose of bears! Hodling is the best powder there is!  Wink
N12
donator
Activity: 1610
Merit: 1010
hero member
Activity: 894
Merit: 501
On other news:

eBay UK to Allow Sale of Virtual Currency from 10th February
Emily Spaven (@emilyspaven) | Published on January 16, 2014 at 21:36 GMT | Companies, Merchants, News
ebay
eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February.

The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed.

eBay Classifieds, which lists posts throughout the site, serves as the site’s answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions.


http://www.coindesk.com/ebay-uk-virtual-currency-february/

I think that kills localbitcoins with their 1% fees

Localbitcoin is free if you don't care about the escrow and ratings.

yeah, I figured 1% for a rating without escrow (cash) was a bit steep for my liking.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
There is an overstock of coins right now. Cheesy

It's going to be interesting to find out if overstock are able to hedge against the volatility.
If they are able to, then maybe there's hope for a larger adoption of bitcoin.
If not, and they end up with a significant loss, instead of the small gains they expected, the signal will be bearish.

You are aware they are selling their coins, right?

They ought to. They have to pay their suppliers with fiat money; what else could they do? I strongly believe though that they don't give up all their income in btc... It's not wise, nor profitable. Roll Eyes

Bitpay gets the coins, Overstock gets the lower transaction cost.
And Bitpay they are better suited to manage the risk of hodling or dupming.

Wait for the volume, don't buy until you see the whites of their eyes.  (or at least until after my limit orders all hit)

hero member
Activity: 686
Merit: 500
Ultranode
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