Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25668. (Read 26608062 times)
September 21, 2014, 12:31:39 PM
Yay, depths looking good again.
Seems like a Monday pump
September 21, 2014, 12:30:30 PM
Make it do something or I'm calling the cops 
September 21, 2014, 12:01:24 PM
September 21, 2014, 11:47:29 AM
Wish we had an etf to invest in already. Then i could buy through my trading account and keep it in my tax free wrapper. Grr. 
If it were that easy, everyone would do it - and you'd get a lot fewer.
It's worth the extra clicks and wrapper loss to stock up early.
Yes everyone will do it
September 21, 2014, 11:34:35 AM
September 21, 2014, 11:30:55 AM
Wish we had an etf to invest in already. Then i could buy through my trading account and keep it in my tax free wrapper. Grr.
If it were that easy, everyone would do it - and you'd get a lot fewer.
It's worth the extra clicks and wrapper loss to stock up early.
September 21, 2014, 11:13:11 AM
i'd like to remind everyone that if you buy bitcoin and it goes down on you, you can and should delaire capital loss.
today is a good day to buy.
today is a good day to buy.
You can only declare capital loss if you sold it. If you sold it then it means you were scared about the price loss from when you bought it.
Assuming you sold it and it went down more, one could say they saved money by buying back in at a lower price.
September 21, 2014, 11:07:54 AM
i'd like to remind everyone that if you buy bitcoin and it goes down on you, you can and should delaire capital loss.
today is a good day to buy.
today is a good day to buy.
Nah, this definately looks to go further down
Turned bear?
September 21, 2014, 11:01:24 AM
September 21, 2014, 10:59:56 AM
i'd like to remind everyone that if you buy bitcoin and it goes down on you, you can and should delaire capital loss.
today is a good day to buy.
today is a good day to buy.
Nah, this definately looks to go further down
September 21, 2014, 10:59:11 AM
Almost 5m views Adam, bullish!
September 21, 2014, 10:54:57 AM
I was trying to make a simplification to the effect that there is some amount of Bitcoin usage apart from speculation. I think that's what people mostly refer to when talking about fundamentals - developments that affect non-speculative use. The point is, we don't know what the price of BTC would be in a philosophical la-la land where price is driven solely by non-speculative uses, so we can't argue that an increase in such uses must lead to a proportional increase in BTC price.
That "fundamental" demand -- people buying BTC for the express purpose of paying for something -- seems to be relatively small, and it may not be increasing.
Note that such demand would only sequester the bitcoins for a few days, perhaps a few hours; so that it might take 1000 BTC of payments per day to have the same effect on price as one investor buying 1000 BTC once for hoarding.
Unfortunately, there seems to be no data on the USD volume of payments made via bitcoin (from the blockchain we get transaction volume, but only some transactions are bitcoins changing hands). Moreover, we do not know how much of that volume generates new bitcoin buying demand (as opposed to being bitcoins that were bought previously for investment or speculation). Sadly, the "bitcoin press" does not seem to be capable (or willing) to dig out such data.
people betting with there bitcoins at satoshidice
poeple playing poker with there bitcoins at sealwithclubs
poeple trading alts with there bitcoins
etc
markets responsibility is to speculate as to the massive amount of value being slushed around, day in day out.
September 21, 2014, 10:42:14 AM
i'd like to remind everyone that if you buy bitcoin and it goes down on you, you can and should delaire capital loss.
today is a good day to buy.
today is a good day to buy.
September 21, 2014, 10:39:49 AM
I was trying to make a simplification to the effect that there is some amount of Bitcoin usage apart from speculation. I think that's what people mostly refer to when talking about fundamentals - developments that affect non-speculative use. The point is, we don't know what the price of BTC would be in a philosophical la-la land where price is driven solely by non-speculative uses, so we can't argue that an increase in such uses must lead to a proportional increase in BTC price.
That "fundamental" demand -- people buying BTC for the express purpose of paying for something -- seems to be relatively small, and it may not be increasing.
Note that such demand would only sequester the bitcoins for a few days, perhaps a few hours; so that it might take 1000 BTC of payments per day to have the same effect on price as one investor buying 1000 BTC once for hoarding.
Unfortunately, there seems to be no data on the USD volume of payments made via bitcoin (from the blockchain we get transaction volume, but only some transactions are bitcoins changing hands). Moreover, we do not know how much of that volume generates new bitcoin buying demand (as opposed to being bitcoins that were bought previously for investment or speculation). Sadly, the "bitcoin press" does not seem to be capable (or willing) to dig out such data.
September 21, 2014, 10:24:50 AM
Wish we had an etf to invest in already. Then i could buy through my trading account and keep it in my tax free wrapper. Grr.
September 21, 2014, 10:22:00 AM
it might take a while for the wall to fall, until then tor helps.
September 21, 2014, 10:20:53 AM
I am thinking i might liquidate some of my share portfolio and buy another 100 coins or so at this price or lower. I am a long term bull and tend to ignore the short term technicals. Unless 'bitcoin is finished' then any price around here or lower is a great entry. I originally bought in march april 2013 and have added on dips this year. Someone talk me out of it!
don't you have enough coins?
maybe you want to wait for price to go full retard b4 buying?
It wouldn't effect me if the price of bitcoin went to zero particularly (other than disappointment at the failing of a technological marvel). It is one of those situations where IMO there is a great probability of a retest of the ATH before the next halving. It seems strange to me sometimes to keep discipline and maintain a diversified portfolio when an opportunity to get in presents itself like this..Especially when the price could even get better..And no i want more coins
well then
today is a good day to buy.
September 21, 2014, 10:18:51 AM
September 21, 2014, 10:15:47 AM
I am thinking i might liquidate some of my share portfolio and buy another 100 coins or so at this price or lower. I am a long term bull and tend to ignore the short term technicals. Unless 'bitcoin is finished' then any price around here or lower is a great entry. I originally bought in march april 2013 and have added on dips this year. Someone talk me out of it!
don't you have enough coins?
maybe you want to wait for price to go full retard b4 buying?
It wouldn't effect me if the price of bitcoin went to zero particularly (other than disappointment at the failing of a technological marvel). It is one of those situations where IMO there is a great probability of a retest of the ATH before the next halving. It seems strange to me sometimes to keep discipline and maintain a diversified portfolio when an opportunity to get in presents itself like this..Especially when the price could even get better..And no i want more coins
September 21, 2014, 10:11:09 AM
I am thinking i might liquidate some of my share portfolio and buy another 100 coins or so at this price or lower. I am a long term bull and tend to ignore the short term technicals. Unless 'bitcoin is finished' then any price around here or lower is a great entry. I originally bought in march april 2013 and have added on dips this year. Someone talk me out of it!
don't you have enough coins?
maybe you want to wait for price to go full retard b4 buying?
Jump to: