Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29247.

mellowyellow

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Activity: 112

Merit: 10

Quote from: gentlemand on March 02, 2014, 01:16:45 PM

Quote from: mellowyellow on March 02, 2014, 01:15:45 PM

http://www.reddit.com/r/Bitcoin/comments/1zcvxd/britain_to_scrap_bitcoin_tax/

Breaking....Britain drops btc tax, treats it as a currency - favourable conditions for traders and start-ups.

Great news! Cheesy

If only some of those pesky banks wanted to play ball.

I may be getting ahead of myself but I sure hope buttercoin (new exchange backed by google and reddit co-founder) relocates to the UK and opens very soon.

wetroof

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Activity: 75

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Quote from: EuroTrash on March 02, 2014, 12:54:11 PM

Quote from: Yololintian on March 02, 2014, 12:47:52 PM

Any speculation as to why LTC/BTC and LTC/USD are going down a bit? Litecoin seems to be an even bigger bear market atm.

Generally when bitcoin takes a cold, alts take swine flu.

When bitcoin comes down with a cold, alts get swine flu.

fluidjax

hero member

Activity: 750

Merit: 601

Quote from: zyk on March 02, 2014, 01:13:41 PM

try to wipe your ass with Bitcoin.....and you´ll see cash is king Wink

Try to spend some cash that's been used by someone else to wipe their ass, you'll see Bitcoin is king.

gentlemand

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Activity: 2604

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Welt Am Draht

Quote from: mellowyellow on March 02, 2014, 01:15:45 PM

http://www.reddit.com/r/Bitcoin/comments/1zcvxd/britain_to_scrap_bitcoin_tax/

Breaking....Britain drops btc tax, treats it as a currency - favourable conditions for traders and start-ups.

Great news! Cheesy

If only some of those pesky banks wanted to play ball.

mellowyellow

member

Activity: 112

Merit: 10

http://www.reddit.com/r/Bitcoin/comments/1zcvxd/britain_to_scrap_bitcoin_tax/

Breaking....Britain drops btc tax, treats it as a currency - favourable conditions for traders and start-ups.

Great news! Cheesy

zyk

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Activity: 224

Merit: 101

try to wipe your ass with Bitcoin.....and you´ll see cash is king Wink

flynn

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Activity: 728

Merit: 540

Quote from: podyx on March 02, 2014, 01:04:33 PM

What is your predictions for summer? Cool

Sunny and warm ...

zyk

full member

Activity: 224

Merit: 101

Quote from: podyx on March 02, 2014, 01:04:33 PM

What is your predictions for summer? Cool

btc Exchange holiday and FIAT bankholiday at the same time Grin

podyx

legendary

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What is your predictions for summer? Cool

KeyserSoze

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Activity: 560

Merit: 500

Quote from: Yololintian on March 02, 2014, 12:47:52 PM

Any speculation as to why LTC/BTC and LTC/USD are going down a bit? Litecoin seems to be an even bigger bear market atm.

No need for speculation. It is nearly worthless. The price is simply catching up with that fact.

EuroTrash

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Quote from: Yololintian on March 02, 2014, 12:47:52 PM

Any speculation as to why LTC/BTC and LTC/USD are going down a bit? Litecoin seems to be an even bigger bear market atm.

Generally when bitcoin takes a cold, alts take swine flu.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: Yololintian on March 02, 2014, 12:47:52 PM

Any speculation as to why LTC/BTC and LTC/USD are going down a bit? Litecoin seems to be an even bigger bear market atm.

Bitcoin will follow soon, don´t worry. Wink

Yololintian

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Activity: 293

Merit: 250

Any speculation as to why LTC/BTC and LTC/USD are going down a bit? Litecoin seems to be an even bigger bear market atm.

Adrian-x

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Quote from: yrtrnc on March 02, 2014, 12:12:55 PM

Quote from: Adrian-x on March 02, 2014, 11:50:18 AM

Quote from: machasm on March 02, 2014, 11:36:08 AM

1). The exchanges appear to be unregulated and trusting them can lead to a load of heartache (Read MtGox here).
2). Time taken to send bitcoins to these exchanges (with confirmations) can be rather lengthy and this may lead to missing any good buy/sell windows.

With these 2 issues in mind, can anyone see a way round them so that you can leave coins on exchanges safely? Or at least speed up the transaction?

check out Open Transaction - this technology should be coming to an exchange near you, just ask for it. (Supply and Demand)

How would open transactions be implemented to current exchanges in your opinion?

Thanks

http://www.youtube.com/watch?v=teNzIFu5L70

zyk

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Activity: 224

Merit: 101

Quote from: yrtrnc on March 02, 2014, 12:12:55 PM

Quote from: Adrian-x on March 02, 2014, 11:50:18 AM

Quote from: machasm on March 02, 2014, 11:36:08 AM

1). The exchanges appear to be unregulated and trusting them can lead to a load of heartache (Read MtGox here).
2). Time taken to send bitcoins to these exchanges (with confirmations) can be rather lengthy and this may lead to missing any good buy/sell windows.

With these 2 issues in mind, can anyone see a way round them so that you can leave coins on exchanges safely? Or at least speed up the transaction?

check out Open Transaction - this technology should be coming to an exchange near you, just ask for it. (Supply and Demand)

How would open transactions be implemented to current exchanges in your opinion?

Thanks

They won´t...the maguc heads of the ponzi can´t show you yet that your money is gone Wink

yrtrnc

hero member

Activity: 605

Merit: 500

Quote from: Adrian-x on March 02, 2014, 11:50:18 AM

Quote from: machasm on March 02, 2014, 11:36:08 AM

1). The exchanges appear to be unregulated and trusting them can lead to a load of heartache (Read MtGox here).
2). Time taken to send bitcoins to these exchanges (with confirmations) can be rather lengthy and this may lead to missing any good buy/sell windows.

With these 2 issues in mind, can anyone see a way round them so that you can leave coins on exchanges safely? Or at least speed up the transaction?

check out Open Transaction - this technology should be coming to an exchange near you, just ask for it. (Supply and Demand)

How would open transactions be implemented to current exchanges in your opinion?

Thanks

ChartBuddy

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Activity: 2450

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

jl2012

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Activity: 1792

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Quote from: machasm on March 02, 2014, 11:36:08 AM

I am quite new to this game and have begun mining alts late Oct 13.
These are some of the points I have found frustrating when dealing with bitcoins and other cryptocurrencies.

1). The exchanges appear to be unregulated and trusting them can lead to a load of heartache (Read MtGox here).
2). Time taken to send bitcoins to these exchanges (with confirmations) can be rather lengthy and this may lead to missing any good buy/sell windows.

With these 2 issues in mind, can anyone see a way round them so that you can leave coins on exchanges safely? Or at least speed up the transaction?
I would prefer to be able to leave coins and fiat on trusted exchanges so that I can set up buy and sell orders but I am absolutely paranoid about doing so since this MtGox debacle.
It would seem to me that until people feel safe trusting their money (be it coins or fiat) to these exchanges then this must be really stifling the growth of cryptocurrencies.
Mac.

Actually this dilemma can be perfectly solved by mutli-sig transaction. The function is available in the bitcoin protocol back 2009, but no one is really using it.

EDIT: What I mean is that, with multi-sig transaction, you have a safety level of cold wallet AND the ability to sell instantly

Adrian-x

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Activity: 1372

Merit: 1000

Quote from: machasm on March 02, 2014, 11:36:08 AM

1). The exchanges appear to be unregulated and trusting them can lead to a load of heartache (Read MtGox here).
2). Time taken to send bitcoins to these exchanges (with confirmations) can be rather lengthy and this may lead to missing any good buy/sell windows.

With these 2 issues in mind, can anyone see a way round them so that you can leave coins on exchanges safely? Or at least speed up the transaction?

check out Open Transaction - this technology should be coming to an exchange near you, just ask for it. (Supply and Demand)

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: MickeyT2008 on March 02, 2014, 11:22:47 AM

Quote from: mmitech on March 02, 2014, 10:43:18 AM

Quote from: Mythul on March 02, 2014, 10:34:17 AM

How is the situation in Ukraine going to affect Bitcoin ? What if a new war in Europe starts ? Huh

I'm tense...

Gosh, didn't Europe have already enough wars.... one of my biggest fears is the war, but how will bitcoin help you in that situation ? when the infrastructure is destroyed no fiat neither Bitcoin is going to help you, we will eat grass if that happens.

The original design requirements the internet were for a decentralised communication system which can automatically reroute itself around areas of severe damage in the event of a nuclear war. This means that both the internet and therefore bitcoin would survive a war in Europe. I'm not going to speculate as to what that would do to its price, but it would survive

In war, fiat currencies rapidly become worthless. Credit evaporates first, then cash, then precious metals as the economy devolves into barter. Quality information becomes a matter of life and death. Bitcoin will be ideally situated to purchase intel and fund covert, rescue operations. Paying spies may prove to be the "killer" app.

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