Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26757. (Read 26610659 times)

legendary
Activity: 1008
Merit: 1003
WePower.red
Richy_T yea, you are right. Smiley
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Bearish

Overflow of people wanting to buy bitcoin to use on newegg. Very bullish.

Good point.
legendary
Activity: 2212
Merit: 1199
Estimated USD transaction volume is recovering slowly and price seems to be about to take off and land @$630 in few hours.

What do you think about it?
newbie
Activity: 32
Merit: 0

Bearish

Overflow of people wanting to buy bitcoin to use on newegg. Very bullish.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Newegg just ran an ad in Diggs daily email - 10% anything (up to $100) on Newegg if you use bitcoin!

http://promotions.newegg.com/nepro/14-3631/index.html?cm_mmc=BAC-Digg-Bitcoin-Promotion-_-NA-_-NA-_-NA&nm_mc=ExtBanner

Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.

Fantastic. I was waiting for 1000 for a new laptop but they have a discount on the one I want right now and now this. It's like Bitcoin being at 700. May have to bite.

FYI this is $10 discount for $500 - $1k notebook. 10% to max $100. Overal 1-2%.

Nuh-uh, max discount is 100 so 50 off 500. The one I'm actually looking at is around 700 so I should get 70 off.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Newegg just ran an ad in Diggs daily email - 10% anything (up to $100) on Newegg if you use bitcoin!

http://promotions.newegg.com/nepro/14-3631/index.html?cm_mmc=BAC-Digg-Bitcoin-Promotion-_-NA-_-NA-_-NA&nm_mc=ExtBanner

Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.

Fantastic. I was waiting for 1000 for a new laptop but they have a discount on the one I want right now and now this. It's like Bitcoin being at 700. May have to bite.

now if only newegg.ca could get a clue that would be gr8.

pretty sure i read they would soon get around to adding bitcoin to newegg.ca, i imagine ill buy a few things when they do... maybe i should pick up a few bits now... hmmm
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 1008
Merit: 1003
WePower.red
Newegg just ran an ad in Diggs daily email - 10% anything (up to $100) on Newegg if you use bitcoin!

http://promotions.newegg.com/nepro/14-3631/index.html?cm_mmc=BAC-Digg-Bitcoin-Promotion-_-NA-_-NA-_-NA&nm_mc=ExtBanner

Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.

Fantastic. I was waiting for 1000 for a new laptop but they have a discount on the one I want right now and now this. It's like Bitcoin being at 700. May have to bite.

FYI this is $10 discount for $500 - $1k notebook. 10% to max $100. Overal 1-2%.
hero member
Activity: 910
Merit: 1003
Therefore, those businesses are likely to increase supply in the market (by moving coins out of hoards to the market), rather than demand.  Basically, they induce holders to sell, and make it convenient to do so.  Are they also inducing non-bitcoiners to buy bitcoin? It is not obvious: if you had dollars and no bitcoins, why would you choose to pay with bitcoin?
I did not expect the "using bitcoin kills bitcoin" argument from you, I thought you were a little better than that.
And I did not expect to have that observation (which is not mine, many bitcoiners have been saying so) replaced by a completely different statement in order to dismiss it.
 
I will give you an example. Suppose @JorgeStolfi is in the US and decides to buy a fancy 3000$ laptop. He can send 3000$ to the merchant; or he can send 3000$ to Bitstamp to buy 5 BTC, then send the BTC to BitPay and have them send the 3000$ to the merchant.  Which one will he choose?

Now suppose it is @Aminorex who decides to buy that laptop.  He can send 3000$ to the merchant, or he can get 5 BTC from his holding, that he mined for pennies in 2010, and send them to Bitpay, who would send 3000$ to the merchant.  Which one would he choose?

(And Bitpay then would sell @Aminorex's 5 BTC on the market, where they would be bought by @SroomsKit with his 3000$ which cost him many baked potato dinners. So, simplifying the equations, @ShroomsKit would pay for @Aminorex's  laptop; but maybe one day he will get his money back, and more, from some other optimistic investor...)
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Newegg just ran an ad in Diggs daily email - 10% anything (up to $100) on Newegg if you use bitcoin!

http://promotions.newegg.com/nepro/14-3631/index.html?cm_mmc=BAC-Digg-Bitcoin-Promotion-_-NA-_-NA-_-NA&nm_mc=ExtBanner

Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.

Fantastic. I was waiting for 1000 for a new laptop but they have a discount on the one I want right now and now this. It's like Bitcoin being at 700. May have to bite.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
and hello Gordon  Cheesy Cheesy
*snip*

Hey look, if I ignore you, I can probably continue reading at work without a visit from HR. After being on this site for 20 months or so, welcome to being the first and only person in my ignore list.

Those who quote him repeatedly likely to join him (at least add a width=200 to the image if you do so. Thumbnails not so bad)
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
*Nascent Rpietilla obsession snipped*

The mocked becomes the mocker.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Bitstamp is not working for me.... anyone else having the same problem ?
legendary
Activity: 2324
Merit: 1125
Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.
There is a unintentional irony to this statement, lol.

Use Bitcoin to buy but immediately replace? Make sure the bad many (fiat) flows away while the good money grows or stays constant. It might be a paradox but it's definitely not irony Wink
legendary
Activity: 3780
Merit: 5429
Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.
There is a unintentional irony to this statement.  Tell NewEgg not to sell a single bitcoin for fiat, lol.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Newegg just ran an ad in Diggs daily email - 10% anything (up to $100) on Newegg if you use bitcoin!

http://promotions.newegg.com/nepro/14-3631/index.html?cm_mmc=BAC-Digg-Bitcoin-Promotion-_-NA-_-NA-_-NA&nm_mc=ExtBanner

Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.

10% discount should be standard.  Retailers must save at least that much on swipe fees and chargebacks. (Rents and seignorage.)
newbie
Activity: 32
Merit: 0
Newegg just ran an ad in Diggs daily email - 10% anything (up to $100) on Newegg if you use bitcoin!

http://promotions.newegg.com/nepro/14-3631/index.html?cm_mmc=BAC-Digg-Bitcoin-Promotion-_-NA-_-NA-_-NA&nm_mc=ExtBanner

Even if I hated bitcoin or didn't know anything about it, 10% off would get me motivated to use it. Anyone selling right now is crazy.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
well if nothing else gets Amazon and/or Ebay to pay attention Rakuten might.

http://www.coindesk.com/japanese-retail-giant-rakuten-hints-bitcoin-acceptance/

again nothing immediate but the wind is blowing.

Nice, they are one of my go-to sites. Not so much recently but always worth a check. (This is buy.com in case anyone didn't make the connection)

(Note, for those who tend to wait to long for things like this, offer ends 22nd July)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 140
Merit: 100
The July 24th date is 234 days after the previous bubble, which was 234 days after the previous bubble, etc.  There is a guy on Reddit who spent months telling everyone we were going to the moon on exactly that date, not one day earlier, not one day later.

When he started getting laughed at, he made his own subreddit, and moved there.  The last that I read, he turned from superbull to superbear because his prediction was wrong which he thinks proves that the bitcoin bubble trend is dead.

I am expecting the price to jump a few percent on the 23rd or early 24th because he publicized it so much, for so long.


If he said July 24th, how come the prediction was wrong?
Because Christine Lagarde said it would be the 20th or 27th
https://www.youtube.com/watch?v=QYmViPTndxw

Jump to: