Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23419. (Read 26713348 times)

hero member
Activity: 896
Merit: 1000
margin buy orders set all the way down to 175 hope to wake up and see a bunch of buys  Cool

pft not a single bite last night...

well here goes another shot tonight...orders are still up come sell me coins bears
legendary
Activity: 1260
Merit: 1116
You're kind of missing the point. You can also use a credit card at newegg, which for the vast majority of consumers would be easier and more convenient than using bitcoin.

Can't use a credit card to buy drugs, though.

False. Squareup.com turns every drug dealers iPhone into a credit card processing machine. I was just reading an article about how apps like that are allowing drug dealers, bookies, etc. take CC payments.

Allow me to rephrase: using or accepting credit cards to buy drugs would probably be a very dumb idea.

Because charge-backs
sr. member
Activity: 476
Merit: 250
You're kind of missing the point. You can also use a credit card at newegg, which for the vast majority of consumers would be easier and more convenient than using bitcoin.

Can't use a credit card to buy drugs, though.

False. Squareup.com turns every drug dealers iPhone into a credit card processing machine. I was just reading an article about how apps like that are allowing drug dealers, bookies, etc. take CC payments.

Allow me to rephrase: using or accepting credit cards to buy drugs would probably be a very dumb idea.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
And BTC2k till 200 on Finex  Sad
hero member
Activity: 784
Merit: 500
Like clockwork Saturday night the price drops.  LOL
legendary
Activity: 1176
Merit: 1000
Popped back in for a quick look. USD borrowing costs at all time low and long interest has collapsed to 15 million dollars US. Shorts just under 25k - sky high in BTC terms. Selling tame by BTC standards and a few walls on finex trying to box the price in.

Wouldn't be surprised to see us at 160 or 230 tomorrow. But I will just hold now. Price remains in a great zone for aggressive accumulation here in my view. Timing the absolute bottom is difficult. If BTC isn't doomed then buying coins for these cheap prices is low risk.

Things are looking ever more ripe for a short squeeze. But as ever the thin market is at the whims of those with strong liquidity to boss it around.



legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
sr. member
Activity: 434
Merit: 250




Nothing to add...

I can buy 30% less smack now than I could last week. Bloody ridiculous

Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...

You're kind of missing the point. You can also use a credit card at newegg, which for the vast majority of consumers would be easier and more convenient than using bitcoin.

Can't use a credit card to buy drugs, though.

False. Squareup.com turns every drug dealers iPhone into a credit card processing machine. I was just reading an article about how apps like that are allowing drug dealers, bookies, etc. take CC payments.

Way to get famous:
1. Be a criminal who uses Bitcoin
2. Go to university and enroll in sociology program
3. Write a Thesis on the influence of criminals on the development of society (good or bad)
4. Profit and world wide attention

Damn I wish I was younger.
legendary
Activity: 1260
Merit: 1116
legendary
Activity: 1281
Merit: 1046



Guess what happens next, goofy bulls.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1000
@theshmadz
Bitcoin is dead, again.

https://www.cryptocoinsnews.com/bitcoin-dead-dumb/

"As low as possible for as long as possible."

Carry on, slaves.

 Smiley
hero member
Activity: 714
Merit: 500
So what bitcoin needs is a product that everyone wants, that merchants only sell for bitcoin?

Oh wait....

hero member
Activity: 980
Merit: 1001




Nothing to add...

I can buy 30% less smack now than I could last week. Bloody ridiculous

Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...

You're kind of missing the point. You can also use a credit card at newegg, which for the vast majority of consumers would be easier and more convenient than using bitcoin.

Can't use a credit card to buy drugs, though.

False. Squareup.com turns every drug dealers iPhone into a credit card processing machine. I was just reading an article about how apps like that are allowing drug dealers, bookies, etc. take CC payments.
full member
Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
You can buy drugs with bitcoin? I pay my beer with bitcoin
hero member
Activity: 784
Merit: 1001




Nothing to add...

Another example of a shoddily-written article on bitcoin by the mainstream media.
- The article seems to imply that Mt Gox went bankrupt because its owner, Jason Karpeles, could not mine enough bitcoin to pay off his loans. wtf??
- The article points out that bitcoin is good for mainstream uses, being accepted by places like Amazon and CVS, and bad for buying drugs, because of its traceability. These things are true, but it makes one wonder whether the author couldn't remember whether he was writing a pro-bitcoin or an anti-bitcoin article.
- If the author were actually trying to delve into why anyone would use bitcoin for non-drug related purposes (e.g. on Amazon), he would have pointed out that you can get 3% cash back if you go through gyft, more than enough to cover the spread (you lose 1 to 1.5 % on the spread when you purchase bitcoin from coinbase at the same time that you purchase the amazon gift card). EDIT: Plus you don't have to worry about your credit card info getting stolen from Amazon, Best Buy, Target, Home Depot, Starbucks, or any of the other places accepted by gyft.
legendary
Activity: 2338
Merit: 2106
Without Bitcoin, What´s the Pointrice of Drugs ?


 Wink
legendary
Activity: 896
Merit: 1000




Nothing to add...

I can buy 30% less smack now than I could last week. Bloody ridiculous

Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...
Problem: theres no point in that. Bitcoin is less secure and harder to use..
sr. member
Activity: 476
Merit: 250




Nothing to add...

I can buy 30% less smack now than I could last week. Bloody ridiculous

Silly me, I spent some BTC at newegg.... BTC is only used to buy drugs? I must have missed the boat on this one...

You're kind of missing the point. You can also use a credit card at newegg, which for the vast majority of consumers would be easier and more convenient than using bitcoin.

Can't use a credit card to buy drugs, though.
Jump to: