Norway 25%
So there are folks who actually pay exchange rate +25% when they buy bitcoin? And probably from convenient bitcoin ATMs charging an extra 19% on top of that?
Color me impressed
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20599. (Read 26607737 times)
October 22, 2015, 07:32:27 AM
So there are folks who actually pay exchange rate +25% when they buy bitcoin? And probably from convenient bitcoin ATMs charging an extra 19% on top of that?
Color me impressed
October 22, 2015, 07:31:48 AM
yolalanda is right. this story about eur vat is purely a coincidence. I mean bs coincidence. this move like any other in this market was orchestrated by institutional investors, whales.
just few hours before the move a newbie
actually posted here a thread here about price going 5~10 $ up because of it.
uber-bullish and all, time to open more shorts.
just few hours before the move a newbie
actually posted here a thread here about price going 5~10 $ up because of it. uber-bullish and all, time to open more shorts.
It is confirmed then. Institutional investors are flocking to Bitcoin.
CCMF!!!
October 22, 2015, 07:28:30 AM
yolalanda is right. this story about eur vat is purely a coincidence. I mean bs coincidence. this move like any other in this market was orchestrated by institutional investors, whales.
just few hours before the move a newbie actually posted here a thread here about price going 5~10 $ up because of it.
uber-bullish and all, time to open more shorts.
just few hours before the move a newbie
actually posted here a thread here about price going 5~10 $ up because of it. uber-bullish and all, time to open more shorts.
October 22, 2015, 07:18:35 AM
^^^
Aren't most bitcoin exchanges registered in places like Uganda, Somalia and Uzbekistan anyhow? What's with all the hubbub?
Aren't most bitcoin exchanges registered in places like Uganda, Somalia and Uzbekistan anyhow? What's with all the hubbub?
You're thinking of yellowcake.
October 22, 2015, 07:15:33 AM
^^^
Aren't most bitcoin exchanges registered in places like Uganda, Somalia and Uzbekistan anyhow? What's with all the hubbub?
Aren't most bitcoin exchanges registered in places like Uganda, Somalia and Uzbekistan anyhow? What's with all the hubbub?
October 22, 2015, 07:11:33 AM
This price surge seems to be led by the Western exchanges, and must be due to the European VAT ruling.
Were there any countries where bitcoin trades were already paying VAT (or inhibited because of it)? In Sweden maybe? In the UK?
Were there any countries where bitcoin trades were already paying VAT (or inhibited because of it)? In Sweden maybe? In the UK?
Not the UK. As much as it pains me to say this, the UK government tends to be fairly sensible when it comes to Bitcoin. The UK's banks - not so much.
October 22, 2015, 07:10:55 AM
This price surge seems to be led by the Western exchanges, and must be due to the European VAT ruling.
Were there any countries where bitcoin trades were already paying VAT (or inhibited because of it)? In Sweden maybe? In the UK?
Were there any countries where bitcoin trades were already paying VAT (or inhibited because of it)? In Sweden maybe? In the UK?
Norway 25%
October 22, 2015, 07:09:34 AM
Strap yourselves in gentlemen 
October 22, 2015, 07:08:28 AM
...
Your first mistake (of many) is your assumption that value of assets is based on it's current use, where in actuality especially for small caps 99% of it is based on potential think WhatsAp, twitter etc... The other point is just because you can't think of a solution doesn't mean no one else can. In my opinion raising transaction to 0.25 USD/tx would be equivalent of shooting a fly with a bazooka. But the funny thing is, even in that worst case, I think bitcoin can still prosper.
Your first mistake (of many) is your assumption that value of assets is based on it's current use, where in actuality especially for small caps 99% of it is based on potential think WhatsAp, twitter etc... The other point is just because you can't think of a solution doesn't mean no one else can. In my opinion raising transaction to 0.25 USD/tx would be equivalent of shooting a fly with a bazooka. But the funny thing is, even in that worst case, I think bitcoin can still prosper.
Your first mistake (of many) is assuming just because you think that some other people (presumably smarter than yourself) will eventually find a solution doesn't mean that they really would. Ignoring problems by writing them off as trivialities, to be easily solved later, by other people, has pretty much become the hallmark of Bitcoin over the past 5+ years.
6+ years, still in beta, and no agreed-upon roadmap
October 22, 2015, 07:06:20 AM
FLASH PUMP!!!! ARE WE GOING UP OR DOWN FROM HERE FOLKS???
HEADED BACK UPPPPPPP W00T
HEADED BACK UPPPPPPP W00T
October 22, 2015, 07:03:11 AM
Your first mistake (of many) is your assumption that value of assets is based on it's current use, where in actuality especially for small caps 99% of it is based on potential think WhatsAp, twitter etc... The other point is just because you can't think of a solution doesn't mean no one else can. In my opinion raising transaction to 0.25 USD/tx would be equivalent of shooting a fly with a bazooka. But the funny thing is, even in that worst case, I think bitcoin can still prosper.
I explicitly said "expectation of future usage". That was THE selling point in Nov/2013 when I first learned about bitcoin.
And I also did not say that the "proper fee" question is unsolvable. I said that there is no solution (known, or within sight) and that it would requires another brilliant invention.
(Without some automatic and economically sound fee adjustment mechanism, a workaround would be to have a governing body like the international commission that defines and updates (by voting) the Metric System: with no legal power, but with effective moral power derived from competence and representativity. But try telling that to the libertarians...)
October 22, 2015, 07:02:55 AM
Pumpers at work again, 276 and growing. Lets see when the dump happens, in 3 days like the last time or will it go on for longer?
October 22, 2015, 07:01:36 AM
October 22, 2015, 07:01:20 AM
it's a dump fest from 280~282.
I expect a pull back in the next few days to 255.
I expect a pull back in the next few days to 255.
I expect 272 will hold and new target is 290
October 22, 2015, 07:00:26 AM
it's a dump fest from 280~282.
I expect a pull back in the next few days to 255.
I expect a pull back in the next few days to 255.
agree. won't take days. already entering a sharp correction.
October 22, 2015, 06:57:00 AM
I didn't notice this rise until now, beautiful!
October 22, 2015, 06:56:47 AM
it's a dump fest from 280~282.
I expect a pull back in the next few days to 255.
I expect a pull back in the next few days to 255.
October 22, 2015, 06:54:35 AM
China is still over 280$ but someone dumped coins in Btc-e. I don't really understand these dumpers on low prices.
October 22, 2015, 06:53:43 AM
Were there any countries where bitcoin trades were already paying VAT (or inhibited because of it)? In Sweden maybe? In the UK?
In Poland they had a 23% VAT.
BTC exchanges in Poland do not add VAT to the value of the trade and never did.
(It was still a potential threat, though).
October 22, 2015, 06:49:31 AM
but.....but.......they said double top.
Traders are like zombies, just when you think they have eaten enough they come back for seconds. Nom nom nom...
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