Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25391.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: BBmmBB on October 03, 2014, 10:38:38 PM

Quote from: adamstgBit on October 03, 2014, 08:45:56 PM

Quote from: adamstgBit on October 03, 2014, 08:39:29 PM

Quote from: megadeth on October 03, 2014, 08:33:07 PM

Adam at what price do you recommend loading up the truck with silver. I remember you mentioning 14-15 a while ago. Sorry to digress.

13.75

that is the magic number for silver

might dive lower then this tho for 1 or 2 days on a bad week for silver

if you watch it closely you can probably get 12$ silver, is my guess.

its not like silver is the investment of a life time tho ( its not even an investment really, its buying this THING that you hope will hold value as fiat inflates, aka store of value )

pretty sure you'll be fine with or without a silver coin collection...

thats the way i see it, so i'm only a buyer if i think the price feels really low.

$250 in the cards here ? lol Cool

How about double digits before the years even over!

BBmmBB

newbie

Activity: 56

Merit: 0

Quote from: GBattaglia on October 03, 2014, 09:18:58 PM

I wish BTC would just stop falling. I'm not asking for a bubble here, I'm asking for it to find a value point and cease losing it.
I'm not even a (big) holder of alternative cryptocurrency anymore, I just want BTC to become a reliable currency people feel safe
value wise holding onto.

^thats the thing ...it was never designed to be "safe" ..

haha~safe for illegal activities maybe ! lmfao Cheesy

BBmmBB

newbie

Activity: 56

Merit: 0

Quote from: adamstgBit on October 03, 2014, 08:45:56 PM

Quote from: adamstgBit on October 03, 2014, 08:39:29 PM

Quote from: megadeth on October 03, 2014, 08:33:07 PM

Adam at what price do you recommend loading up the truck with silver. I remember you mentioning 14-15 a while ago. Sorry to digress.

13.75

that is the magic number for silver

might dive lower then this tho for 1 or 2 days on a bad week for silver

if you watch it closely you can probably get 12$ silver, is my guess.

its not like silver is the investment of a life time tho ( its not even an investment really, its buying this THING that you hope will hold value as fiat inflates, aka store of value )

pretty sure you'll be fine with or without a silver coin collection...

thats the way i see it, so i'm only a buyer if i think the price feels really low.

$250 in the cards here ? lol Cool

fonzie

hero member

Activity: 504

Merit: 500

Moderator

A walrus is also a mini-whale, which i am about to become soonish

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

Quote from: fonzie on October 03, 2014, 10:06:43 PM

We get it Fonzie, you like acid.

fonzie

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Activity: 504

Merit: 500

Moderator

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: nanobrain on October 03, 2014, 09:20:56 PM

Quote from: empowering on October 03, 2014, 09:11:26 PM

I am the chairman...........of the bored.

Don't worry.

At this point I have picked up one or two, which I shall blindly throw at alts, and homeless, until my lawyer advises me to drink or take drugs, or maybe both.

(Edit:did I mention, bored,)

bobabouey2

sr. member

Activity: 248

Merit: 250

Quote from: gnode on October 03, 2014, 06:30:48 PM

Okay here is a theory for comment.

What if a fund is cashing out for tax purposes because today is the end of the fiscal year?

In other words, window dressing?

If so, tomorrow or Monday they start buying it all back.

If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.

In the US, companies can select whatever fiscal year they want for accounting purposes (i.e. for audited financials and SEC filings), but the IRS taxes everyone on a calendar year basis.

That said, deadline for filing tax returns, if you got an extension, is Oct 15. But that is for personal tax returns. Corporate tax return extension deadline was Sep 15. [Edit - to clarify, this could cause some selling pressure, but not much. When you elect an extension in April, you have to pay estimated taxes at that time. So the only people dumping bitcoin for US tax purposes now would be people who were smart enough to realized they would owe taxes on bitcoin and file an extension, but not smart enough to pay their estimated taxes at that time and thus face penalties.]

In the stock market, there is a "window dressing" effect where funds may play games at the end of a quarter - piling into hot stocks, dumping weak ones. That way, they can say they owned those companies in their quarterly filings.

derpinheimer

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Activity: 896

Merit: 1000

Quote from: nanobrain on October 03, 2014, 09:20:56 PM

Quote from: empowering on October 03, 2014, 09:11:26 PM

I am the chairman...........of the bored.

Don't worry.

LOL

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Choo choo@ OKcoin BTC/USD

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

Quote from: empowering on October 03, 2014, 09:11:26 PM

I am the chairman...........of the bored.

Don't worry.

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: GBattaglia on October 03, 2014, 09:18:58 PM

I wish BTC would just stop falling. I'm not asking for a bubble here, I'm asking for it to find a value point and cease losing it.
I'm not even a (big) holder of alternative cryptocurrency anymore, I just want BTC to become a reliable currency people feel safe
value wise holding onto.

lol'd so hard that I pooped a little. Cool

GBattaglia

hero member

Activity: 735

Merit: 501

I wish BTC would just stop falling. I'm not asking for a bubble here, I'm asking for it to find a value point and cease losing it.
I'm not even a (big) holder of alternative cryptocurrency anymore, I just want BTC to become a reliable currency people feel safe
value wise holding onto.

empowering

legendary

Activity: 1078

Merit: 1441

I am the chairman...........of the bored.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: brekyrself on October 03, 2014, 09:00:43 PM

Question as I have been out of the game for awhile...

Watching BitStamp from bitcoinity, what's with the CONSTANT movement of the asks? Is that just bots jockeying for position?

Yes

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

brekyrself

hero member

Activity: 547

Merit: 502

Question as I have been out of the game for awhile...

Watching BitStamp from bitcoinity, what's with the CONSTANT movement of the asks? Is that just bots jockeying for position?

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: fonzie on October 03, 2014, 08:53:49 PM

Buy button broken @ Stamp?

CONFIRMED

hmmmstrange

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Activity: 669

Merit: 500

Quote from: adamstgBit on October 03, 2014, 08:39:29 PM

Quote from: megadeth on October 03, 2014, 08:33:07 PM

Adam at what price do you recommend loading up the truck with silver. I remember you mentioning 14-15 a while ago. Sorry to digress.

13.75

that is the magic number for silver

might dive lower then this tho for 1 or 2 days on a bad week for silver

if you watch it closely you can probably get 12$ silver, is my guess.

I have a nice gold/silver/galena mine that i haven't touched in 2 years. Even with minimum wage workers outfitted with picks, it's just not economically feasible.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25391. (Read 26610001 times)