Singapore bucks the trend and welcomes Bitcoin, laying out tax rules for the virtual currency
http://thenextweb.com/asia/2014/01/09/singapore-bucks-the-trend-and-welcomes-bitcoin-laying-out-tax-rules-for-the-virtual-currency/?_escaped_fragment_=rNDop#!rNLJU
http://coinrepublic.com/singapore-tax-authorities-iras-recognize-bitcoin-and-gives-guidance/
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30422. (Read 26712694 times)
January 09, 2014, 10:16:43 AM
January 09, 2014, 10:13:18 AM
Strong signs of support right now
free btc at bitstamp, hurry up
January 09, 2014, 10:12:18 AM
Strong signs of support right now
January 09, 2014, 10:05:22 AM
People seem to panic sell now.
if we relieve all of this selling pressure without actually breaking into a new low, this could be a very bullish sign short-term. the volume associated with this move is pretty significant and all it's doing so far is demonstrating the strength of the $860/$780 (gox/stamp) support.
January 09, 2014, 10:03:21 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.True.
January 09, 2014, 10:02:41 AM
January 09, 2014, 09:59:01 AM
People seem to panic sell now.
January 09, 2014, 09:51:36 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.i'm aware of this, blitz, and i definitely agree with you. that was rather the point i was making, in response to medialab's idea that the TA is not relevant because all of the volatility is "based on news".
i've been trying to remind the newer folks that the news doesn't affect the price the way they think it affects the price...
--arepo
January 09, 2014, 09:38:49 AM
Or maybe its CoinBullshitter making a move?
ftfy
January 09, 2014, 09:33:53 AM
January 09, 2014, 09:33:12 AM
Or maybe its CoinBull making a move?
January 09, 2014, 09:31:56 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
It were news! Mining pool, btc could threaten the USD, China's Ebay will not accept deal with cryptos (might be not new, but I heard this today the first time) and so on.
January 09, 2014, 09:30:02 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news. 
January 09, 2014, 09:29:47 AM
Probably the best time to manipulate market. 
January 09, 2014, 09:28:52 AM
I see the beautiful double bottom and "W" forming
I still see a dinosaur. Everything must be ok then!
How is TA relevant when all of this volatility is based on news?
well if you can't tell that this TA isn't very serious by context, you've got more serious problems than news-panic
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
January 09, 2014, 09:27:43 AM
January 09, 2014, 09:24:34 AM
42% actually down to 38-39% today so community reacting?
btcguild was owning 40-41% on many occasions in the past. blockchain.info pools info never been accurate one.
January 09, 2014, 09:23:12 AM
I see the beautiful double bottom and "W" forming
I still see a dinosaur. Everything must be ok then!
Dinosaur is already been formed, its on the 1H graph.
Now we need to form another dinosaur, starting from the tail.
January 09, 2014, 09:19:45 AM
How is TA relevant when all of this volatility is based on news?
Haven't you heard? News means nothing. Only lines on charts are important.
January 09, 2014, 09:17:41 AM
Good news:Coinsetter integretes with bitstamp http://www.coindesk.com/coinsetter-integrates-with-bitstamp/.
I see also that the very long term bullish channel has been broken for now, and needs to get higher than 925 asap..
I see also that the very long term bullish channel has been broken for now, and needs to get higher than 925 asap..
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