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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28603. (Read 26712959 times)

hero member
Activity: 504
Merit: 500
Moderator
I still am trying to figure out what the big deal is for China. My first BTC was purchased by sending money to Virwox to buy Linden dollars to then buy BTC. Cost me 10% more than the market rate, but I found a way to get BTC. Now Coinbase is how I get BTC. In the United States it seems to be the most reliable and convenient way of getting fairly priced BTC and even then some banks like Chase bank have been known to freeze deposits. My point is, how can the Chinese government possibly stop the flow of BTC into China without preventing the CNY from moving around internationally and being exchanged for other currency. I realize that the cost to them may be a little higher but since the world seems to follow China that could oddly drive up prices bit by bit as CNY finds its way into BTC because the realized cost would always be more than present market price. I know, I just went down the deep end of speculation without a life vest.  



legendary
Activity: 938
Merit: 1000
 I still am trying to figure out what the big deal is for China. My first BTC was purchased by sending money to Virwox to buy Linden dollars to then buy BTC. Cost me 10% more than the market rate, but I found a way to get BTC. Now Coinbase is how I get BTC. In the United States it seems to be the most reliable and convenient way of getting fairly priced BTC and even then some banks like Chase bank have been known to freeze deposits. My point is, how can the Chinese government possibly stop the flow of BTC into China without preventing the CNY from moving around internationally and being exchanged for other currency. I realize that the cost to them may be a little higher but since the world seems to follow China that could oddly drive up prices bit by bit as CNY finds its way into BTC because the realized cost would always be more than present market price. I know, I just went down the deep end of speculation without a life vest.  

member
Activity: 84
Merit: 10
How do hodlers feel about the circumstance that any given minute a new brutal crash could appear due to the fact that Huobi or another major chinese exchange will announce CNY deposit/withdrawal blockade. Bullish?
That would bring the price up actually for some time.
hero member
Activity: 504
Merit: 500
Moderator
How do hodlers feel about the circumstance that any given minute a new brutal crash could appear due to the fact that Huobi or another major chinese exchange will announce CNY deposit/withdrawal blockade. Bullish?

IT AIN´T OVER TILL IT´S OVER!
hero member
Activity: 644
Merit: 500
BTC-e has just added GBP but only via OKpay as far as I can see

So Chinese people can still buy GPB at btc-e to trade cryptocoins using OKpay? Correct? As I understand bitcoin is not illegal in China. If it were to be it would just be the government shooting them self in the foot since they will be used anyway, at least on the black market.
legendary
Activity: 1918
Merit: 1018
Now, they just need to add XPM/USD and I'll be fine, very fine  Grin

BTW, GBP is good idea, there's no taxes at bitcoin trading in Britain, that might bring more people to BTC-e. Their admins are pretty smart guys.

Maybe but in general theyre shady to deal with and I wouldn't use it for any significant amounts of any currency or coin.

They are more expensive than bitstamp for some reason
We rebounded at 480$ but is this an other small rebound before we test the lows again
hero member
Activity: 798
Merit: 1000
Now, they just need to add XPM/USD and I'll be fine, very fine  Grin

BTW, GBP is good idea, there's no taxes at bitcoin trading in Britain, that might bring more people to BTC-e. Their admins are pretty smart guys.

Maybe but in general theyre shady to deal with and I wouldn't use it for any significant amounts of any currency or coin.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Now, they just need to add XPM/USD and I'll be fine, very fine  Grin

BTW, GBP is good idea, there's no taxes at bitcoin trading in Britain, that might bring more people to BTC-e. Their admins are pretty smart guys.
full member
Activity: 308
Merit: 146
BTC-e has just added GBP but only via OKpay as far as I can see
legendary
Activity: 2212
Merit: 1199
I can see the price is really waiting to skyrocket Smiley
It is just launching .. we need to spark a matches Tongue
sr. member
Activity: 476
Merit: 250
Pleeeease don't be an April fools gag:
http://online.wsj.com/article/PR-CO-20140401-907327.html

The article says that cash can be stolen, but can't your bitcoin card be stolen just as easily? Is there some sort of PIN on it or something?
full member
Activity: 133
Merit: 100
Wisdom's really nice, hard to believe so much can be done in a browser but [...]

I like wisdom a lot, too -- especially for viewing the trades in real time. But "can be done in a browser"... have you ever tried tradingview.com ? It's an amazing tool for charting, in that field it's way ahead of bitcoinwisdom. Even more impressive in terms of what can be done in a browser.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 868
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https://keybase.io/masterp FREE Escrow Service
legendary
Activity: 1918
Merit: 1018
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
IRS cant hold us! Smiley

I do not live in USA but i wish this IRS thing will never happen - keeping record for one year of each smallest transaction is SICK!
They will understand it after short while!

Bitcoin for USA! Smiley

And about the price --- stabilizing Smiley


they understood that, this is on purpose to harm bitcoin and they'll harm and kill bitcoin, Ripple will take its place within few months. This is life.

individuals do not have to fill out form 1099. so for the vast majority this is inconsequential. They should be paying taxes on gains on bitcoins anyway.

Exactly, yet every time a news story that is positive, such as the Square Market news, pops up as #1 on google search, another rehashed story about the IRS guidelines pops up. All with outlandish headlines like "Bitcoin bites the dust" and "the end of Bitcoin" blah blah blah. Each article usually has some finance industry person bloviating about the doom and gloom that is pending for bitcoin. There seems to be a desperate effort to suppress Bitcoins acceptance at large. Desperate indeed. It is not even known if the IRS will stick with the guidelines and it is certainly starting to look more benign than many would have us believe. This constant recycling of old news is going to backfire, because people do catch on to bullshit eventually. Especially with a steady stream of fresh news pointing the the opposite trend that these FUD stories attempt to create.

First they ignore you, then they ridicule you, then they fight you, then you win. Smiley

I don't know which stage we are at?  And the stages may last a long time...

bitcoin has been simultaneously in all four stages as soon as it started to gain some value. It has been ignored, ridiculed and fought against... yet it keeps winning, growing, expanding, and developing. 
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
IRS cant hold us! Smiley

I do not live in USA but i wish this IRS thing will never happen - keeping record for one year of each smallest transaction is SICK!
They will understand it after short while!

Bitcoin for USA! Smiley

And about the price --- stabilizing Smiley


they understood that, this is on purpose to harm bitcoin and they'll harm and kill bitcoin, Ripple will take its place within few months. This is life.

individuals do not have to fill out form 1099. so for the vast majority this is inconsequential. They should be paying taxes on gains on bitcoins anyway.

Exactly, yet every time a news story that is positive, such as the Square Market news, pops up as #1 on google search, another rehashed story about the IRS guidelines pops up. All with outlandish headlines like "Bitcoin bites the dust" and "the end of Bitcoin" blah blah blah. Each article usually has some finance industry person bloviating about the doom and gloom that is pending for bitcoin. There seems to be a desperate effort to suppress Bitcoins acceptance at large. Desperate indeed. It is not even known if the IRS will stick with the guidelines and it is certainly starting to look more benign than many would have us believe. This constant recycling of old news is going to backfire, because people do catch on to bullshit eventually. Especially with a steady stream of fresh news pointing the the opposite trend that these FUD stories attempt to create.

First they ignore you, then they ridicule you, then they fight you, then you win. Smiley

I don't know which stage we are at?  And the stages may last a long time...
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