Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24087. (Read 26609436 times)

legendary
Activity: 2338
Merit: 1035
This is how I would expect the bitcoin price to move if it were to die a slow death...
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Time to buy. We're going back up. What did you do while I was sleeping... Undecided
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
I'm scared guys, what's going on?  Embarrassed

You have an avatar, you should have nothing to fear  Wink

We've seen this before, and if stupid virtex would just drop below 400 I'm gonna be buying the hell outta this!

Enjoy the cheap coins everyone (especially shroomsy  Grin)

Apologies, I can't remember the original poster of this classic, but many thanks, whoever you are  Kiss
Good to see my picture getting reposted  Cheesy
legendary
Activity: 2016
Merit: 1259
legendary
Activity: 1792
Merit: 1111
Yesterday's Blockchain.info debacle (weak keys, sometimes same private keys given to different users; coins stolen, unknow losses) happened because someone decided to "improve"  the random number generator:
https://github.com/blockchain/My-Wallet/commit/98d5a7ca59ef04d06ac6aee468634b12975a0f5c


bc.info is nothing but a fancy UI. It is never a reliable wallet
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

lol srlsy? dump cause by china? again? and then news denied but eh, still dumping?
wtf get your shit straight.

it dumped because the price flatness asked for it.

Yeah, sure.  

.... jesus ....

But i'm happy, i take @ 350$ !!! thnx fudder



Just a little patience and you can buy the same coins at $270

full member
Activity: 406
Merit: 112
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

all sh.t
legendary
Activity: 2170
Merit: 1094
5m MACD of Chinese exchanges suggests another drop is possible soon.
legendary
Activity: 1792
Merit: 1111
"Falcon Global Capital closed its bitcoin fund because of slow demand, said co-founder Brett Stapper. "
http://www.moneynews.com/investinganalysis/bitcoin-fund-slow-demand/2014/12/08/id/611833/



Bitcoin didn't make them 50x richer in 10 months so they close fund?

Anyway, the secondmarket fund is still doing well
hero member
Activity: 910
Merit: 1003
Yesterday's Blockchain.info debacle (weak keys, sometimes same private keys given to different users; coins stolen, unknow losses) happened because someone decided to "improve"  the random number generator:
https://github.com/blockchain/My-Wallet/commit/98d5a7ca59ef04d06ac6aee468634b12975a0f5c
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
I'm sorry but....save 8%ish on every transaction? (I think that's what NY sales tax is)

Wtf?? And we are dropping?

http://www.reddit.com/r/Bitcoin/comments/2oqb7z/new_york_state_lays_down_the_law_for_bitcoin/?utm_source=twitterfeed&utm_medium=twitter

That's not what it seems to be. If you purchase taxable goods with bitcoin, the purchaser will still have to pay sales tax (based on the USD value of the coins at that time), BUT the retailer won't have to pay sales tax on the bitcoin that they technically just "bought" with their goods.

If you use bitcoin to purchase a non-sales tax item, such as c++ source/code in NY, then there is no tax for either party. But there are very limited number of goods and services that aren't taxed in NY.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

Unionpay has NEVER played any important role in the transfer of fiat to and from Chinese exchanges. Even if the news was true the impact would be small.

Not necessarily... not if understood by people as a first step towards greater regulation. I think Stolfi's call is accurate. It would, at minimum, explain why the drop sped up over night.

full member
Activity: 238
Merit: 100
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

lol srlsy? dump cause by china? again? and then news denied but eh, still dumping?
wtf get your shit straight.

it dumped because the price flatness asked for it.

Yeah, sure. 

Thanks Stolfi for the news. Very interesting. My only wonder is whether the news will have reverberating negative effects because it tossed us off TA levels. But, thanks. I closed my short upon seeing this. My hunch is that the truth isn't really on the market, yet. People are still panicking, responding to the drop the best they can, and potentially associating it with the USMS sale (which was generally negative as far as I can tell -- the coins were divided across). Thus, accurate news hitting the market (positive) v. USMS effects (negative) and sprinkle in some confusion. It's a good time to sit on the sidelines. Again, thanks for the heads up.
full member
Activity: 156
Merit: 100
This is what the "CHEAP COIN CREW" wanted all along right?  Grin
full member
Activity: 406
Merit: 112
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

lol srlsy? dump cause by china? again? and then news denied but eh, still dumping?
wtf get your shit straight.

it dumped because the price flatness asked for it.

Yeah, sure.  

.... jesus ....

But i'm happy, i take @ 350$ !!! thnx fudder
legendary
Activity: 1792
Merit: 1111
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

Unionpay has NEVER played any important role in the transfer of fiat to and from Chinese exchanges. Even if the news was true the impact would be small.
hero member
Activity: 910
Merit: 1003
The dip may have been due to a rumor about China's Unionpay doing something about their connection to bitcoin exchanges.
The rumor however has been denied, it is claimed.
http://www.reddit.com/r/Bitcoin/comments/2oqf3i/someone_disclosed_the_news_china_unionpay_will/

lol srlsy? dump cause by china? again? and then news denied but eh, still dumping?
wtf get your shit straight.

it dumped because the price flatness asked for it.

Yeah, sure. 
hero member
Activity: 910
Merit: 1003
"Falcon Global Capital closed its bitcoin fund because of slow demand, said co-founder Brett Stapper. "
http://www.moneynews.com/investinganalysis/bitcoin-fund-slow-demand/2014/12/08/id/611833/

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