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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30216. (Read 26713514 times)

hero member
Activity: 686
Merit: 500
Ultranode
MtGox 24hr volume is ~2,000 on a Thursday?  Cheesy Cheesy Cheesy

But Gox is irrelevant, right? All the real trading takes place on Chinese exchanges, especially Huobi. Right?

 Cheesy Cheesy Cheesy
hero member
Activity: 700
Merit: 500
There's always 2 things to watch for when a new merchant jumps on the bandwagon:

1. Are they using a 3rd party processor?
2. Are they advertising it on their homepage? Now the Tigerdirect.com one is absolutely huge. But is Tigerdirect.com get less traffic than Overstock? But if you don't take the time to understand the refund policies, you may just stick with credit card if you're not interested in BTC.

Frankly don't see why any major merchant would NOT use 3rd party processor right now? They can't pay their suppliers with BTC, and unless they're a bank they're not in the business of currency exchange. It's not their core business so why would they take on additional liability/risk of holding on to BTC? That wouldn't fly well with stock holders either.

That would be the typical business way of thinking. But I'm hoping there are some businesses who will think outside of the box and take that risk eventually. Find suppliers who are also willing to take BTC. Then use that as a marketing strategy for themselves and BTC. Of course merchants accepting BTC at the POS is still a step in the right direction.
elg
full member
Activity: 151
Merit: 104
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Images of the Wall observer thread. Relive those treasured moments

http://www.rtcons.com/wall/bcimages.html

(Warning, likely will overload your browser)

And after all that, I still didn't find the one I was looking for.
legendary
Activity: 1106
Merit: 1007
Hide your women
Any speculation why the weekend dips switched to weekend rallies?

We like to mix it up for the fun of it. Keeps you guessing.

seriously, originally the weekday rallies petered out on weekends causing dips because banks were close and nobody could get money to the exchanges. Then people started noticing this and stockpiled fiat looking to scoop up bargains. If the dip didn't come or didn't go low enough, it effectively short-squeezed all the bargain hunters, causing a rally. So using double reverse psychology, we will go back to dips. unless we use double double reverse psychology and have another rally. 
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Overstock
It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

I almost didn't see that /day clause.

What is so special about Operating System suppliers?


overstock

Operating System suppliers are special because overstock?



LOL

no.

OS = overstock

who supplies overstock anyway outofstock?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Overstock
It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

I almost didn't see that /day clause.

What is so special about Operating System suppliers?


overstock

Operating System suppliers are special because overstock?



LOL

no.

OS = overstock
sr. member
Activity: 407
Merit: 250
Overstock
It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

I almost didn't see that /day clause.

What is so special about Operating System suppliers?


overstock

Operating System suppliers are special because overstock?

sr. member
Activity: 248
Merit: 252
Overstock
It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

I almost didn't see that /day clause.

What is so special about Operating System suppliers?


overstock
newbie
Activity: 27
Merit: 0
Any speculation why the weekend dips switched to weekend rallies?
sr. member
Activity: 407
Merit: 250
It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC. 

I almost didn't see that /day clause.

What is so special about Operating System suppliers?
legendary
Activity: 2198
Merit: 1311

Yes indeed, our maximally leveraged SHOTR positions are about to take off like a flying time train.  Prepare your minds people.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
[some dunning-kreugerish contemptuous nonsense]

and one more for the ignorance is bliss column.  bye bye

x2
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
There's always 2 things to watch for when a new merchant jumps on the bandwagon:

1. Are they using a 3rd party processor?
2. Are they advertising it on their homepage? Now the Tigerdirect.com one is absolutely huge. But is Tigerdirect.com get less traffic than Overstock? But if you don't take the time to understand the refund policies, you may just stick with credit card if you're not interested in BTC.

Frankly don't see why any major merchant would NOT use 3rd party processor right now? They can't pay their suppliers with BTC, and unless they're a bank they're not in the business of currency exchange. It's not their core business so why would they take on additional liability/risk of holding on to BTC? That wouldn't fly well with stock holders either.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I'm BACK!

CCMF time!!

Just quoting this for reference... Grin
full member
Activity: 224
Merit: 100
Could be wrong, but something tells me we are gearing up for the mother of all weekends.

that should be the fallowing weekend

once US and China have both made there feelings about bitcoin clear.

Yea next weekend is going the be THE weekend for btc.
legendary
Activity: 1106
Merit: 1007
Hide your women
It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

That's clearly sustainable  Roll Eyes

more or less sustainable than a fiat world reserve currency from a country that runs trillion dollar deficits?
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