Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 28964. (Read 26623412 times)

Quote from: elebit on March 07, 2014, 06:18:33 AM

I wonder how low we will go when the real panic begins

what do you mean ?

He means:

"I want the price to drop so I can buy in cheap."

resignation begins when the price have been quite stable and didnt CCMF for an extended period (all things being relative). Then, people start cash out little by little (because they obviously cant wait anymore or need money to buy sushis), and as a "snowball effect", the price go lower and lower.. eventually, it drops even more rapidly as people reaction to such a downtrend would be selling more and more... hence, panic sell Wink

So, you're saying Wall Street is preparing its entry?

Probably. But they aren't rushing blindly into it for sure. Right now, there is nothing that is legitimately boosting the price (besides insiders/whales/fools). Wall street is probably waiting for a clear buy in signal. which could be regulations incentives in the US, mining difficulty jump (as new ASICs are about to flood the market), price crash...

I think that those from wall street who wanted in, are already in. Dreams of bitcoin hitting big at wall street will more probably remain dreams. No serious player will trust their funds into something where he has to hope that unknown Satoshi/drug dealer/computer crackers/confidence men will hold their coins and by that keep the value of bitcoin.
If they want to invest into crypto, then they will start pumping something that has a more transparent history.

like LITECOIN Cheesy

So if bitcoin days destroyed = how old these coins we can infer that there's a possibility of a cashout. A dump of these old coins will have a great impact on market, thus greatly screwing the guys with new coins (2013-2014)

you have been warned ! but yes under 90 bucks you can count on wallstreet to pick up the tap....but any other unregulated exchange will be gone...with or without your

coins...thats the question

I still think that there will be something new, that will be launched on already regulated exchanges. There has to be solid history for serious investors to trust it.
"But..but..but I have a feeling that most of the old coins are owned by nice people who wouldn't do that" won't be enough for people who know how to handle money.

UnDerDoG81

legendary

Activity: 2186

Merit: 1213

As I wrote that it is absurd that we were going up, everybody was bashing on me and was writing "to the moon" Cheesy

Now we go down and these morons are silent.

Thanks to your "to tha moon" BS I also get in panic and bought @685 with every money I had (50K). And now I´m fucked.

porcupine87

hero member

Activity: 546

Merit: 500

hm

The bid order volume to 600$ seems to be constant on Bitstamp. So this indicates, that the selles just want to rebuy on a lower level...

Quote from: porcupine87 on March 07, 2014, 06:15:31 AM

You have to pay the VAT on every buy on Bitcoin or gold? This seems not to be right...

That depends on where you live. Different countries have different rules. Some charge VAT, some don't. The trend that more and more contries will make it clear that it is VAT exempt, if I may venture a guess (especially after the UK decision).

In what country you have to pay a VAT on Bitcoin or Gold (or any other exchanges traded good)?

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: kkaspar on March 07, 2014, 06:13:52 AM

Quote from: niothor on March 07, 2014, 06:18:05 AM

I wonder how low we will go when the real panic begins

what do you mean ?

He means:

"I want the price to drop so I can buy in cheap."

resignation begins when the price have been quite stable and didnt CCMF for an extended period (all things being relative). Then, people start cash out little by little (because they obviously cant wait anymore or need money to buy sushis), and as a "snowball effect", the price go lower and lower.. eventually, it drops even more rapidly as people reaction to such a downtrend would be selling more and more... hence, panic sell Wink

So, you're saying Wall Street is preparing its entry?

Probably. But they aren't rushing blindly into it for sure. Right now, there is nothing that is legitimately boosting the price (besides insiders/whales/fools). Wall street is probably waiting for a clear buy in signal. which could be regulations incentives in the US, mining difficulty jump (as new ASICs are about to flood the market), price crash...

I think that those from wall street who wanted in, are already in. Dreams of bitcoin hitting big at wall street will more probably remain dreams. No serious player will trust their funds into something where he has to hope that unknown Satoshi/drug dealer/computer crackers/confidence men will hold their coins and by that keep the value of bitcoin.
If they want to invest into crypto, then they will start pumping something that has a more transparent history.

yea that also could be true.. but who knows.. never underestimate greed in wall street Wink

plus, may i remind you that bitcoin is only at its beginning now. there's plenty of time to assess the opportunity to get involved or not.

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

So we're going down because of Satoshi , Japan or Mtgox coins being moved around?
Or because we are sheeps

)))))

We were going up because we were sheeps...

zyk

full member

Activity: 224

Merit: 101

Quote from: kkaspar on March 07, 2014, 06:13:52 AM

Quote from: porcupine87 on March 07, 2014, 06:15:31 AM

I wonder how low we will go when the real panic begins

what do you mean ?

He means:

"I want the price to drop so I can buy in cheap."

resignation begins when the price have been quite stable and didnt CCMF for an extended period (all things being relative). Then, people start cash out little by little (because they obviously cant wait anymore or need money to buy sushis), and as a "snowball effect", the price go lower and lower.. eventually, it drops even more rapidly as people reaction to such a downtrend would be selling more and more... hence, panic sell Wink

So, you're saying Wall Street is preparing its entry?

Probably. But they aren't rushing blindly into it for sure. Right now, there is nothing that is legitimately boosting the price (besides insiders/whales/fools). Wall street is probably waiting for a clear buy in signal. which could be regulations incentives in the US, mining difficulty jump (as new ASICs are about to flood the market), price crash...

I think that those from wall street who wanted in, are already in. Dreams of bitcoin hitting big at wall street will more probably remain dreams. No serious player will trust their funds into something where he has to hope that unknown Satoshi/drug dealer/computer crackers/confidence men will hold their coins and by that keep the value of bitcoin.
If they want to invest into crypto, then they will start pumping something that has a more transparent history.

like LITECOIN Cheesy

So if bitcoin days destroyed = how old these coins we can infer that there's a possibility of a cashout. A dump of these old coins will have a great impact on market, thus greatly screwing the guys with new coins (2013-2014)

you have been warned ! but yes under 90 bucks you can count on wallstreet to pick up the tap....but any other unregulated exchange will be gone...with or without your

coins...thats the question

elebit

sr. member

Activity: 441

Merit: 250

You have to pay the VAT on every buy on Bitcoin or gold? This seems not to be right...

That depends on where you live. Different countries have different rules. Some charge VAT, some don't. The trend that more and more contries will make it clear that it is VAT exempt, if I may venture a guess (especially after the UK decision).

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

So we're going down because of Satoshi , Japan or Mtgox coins being moved around?
Or because we are sheeps

)))))

porcupine87

hero member

Activity: 546

Merit: 500

hm

Quote from: elebit on March 07, 2014, 06:13:10 AM

Quote from: Solarstorm75 on March 07, 2014, 06:11:08 AM

If you have to pay VAT on every single trade, that would be very bearish news. But I have no clue, what the statement exactly means.

The VAT is applicable to trading fees, since that's what the merchant really charges. At least that was the case in Great Britain until the came around last week.

You have to pay the VAT on every buy on Bitcoin or gold? This seems not to be right...

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken