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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31154. (Read 26484351 times)

sr. member
Activity: 338
Merit: 250
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.

You put the amount of BTC and you send the order. IT will fill in a few minutes at whatever the price is by that time. Good luck Smiley
full member
Activity: 159
Merit: 100
Bought nearly on the bottom at Stamp ~865 , that feels good as a long term investor . to buy back cheap.
legendary
Activity: 1036
Merit: 1000
My understanding is that now China government clarified their policy towards bitcoin:

1) Bitcoin is a virtual commodity. It's not a currency so it cannot be used as a currency.
2) Bitcoin exchanges have to take some measures to verify users' identities and avoid money laundering.
3) Avoid using 'virtual currency' in the media to avoid misleading investors.

Actually it is not a bad news. Bitcoin has never been used as a currency in China (except two attempts did by a branch of Baidu and China Jiangsu Mobicomm). People buy them mainly for speculation and transferring funds to overseas.

Previously people may worry about the legality of bitcoin exchanges. Now this notice actually almost officially announces that all bitcoin exchanges following the rules will be legal.

This plays right into the Chinese government's long-term dollar divestment scheme. They are encouraging citizens to hold gold, so they will do the same with Bitcoin. They just want to make it more like a store of value, which in my opinion is exactly the right approach. China got strategy.
sr. member
Activity: 378
Merit: 250
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
legendary
Activity: 840
Merit: 1000
My understanding is that now China government clarified their policy towards bitcoin:

1) Bitcoin is a virtual commodity. It's not a currency so it cannot be used as a currency.
2) Bitcoin exchanges have to take some measures to verify users' identities and avoid money laundering.
3) Avoid using 'virtual currency' in the media to avoid misleading investors.

Actually it is not a bad news. Bitcoin has never been used as a currency in China (except two attempts did by a branch of Baidu and China Jiangsu Mobicomm). People buy them mainly for speculation and transferring funds to overseas.

Previously people may worry about the legality of bitcoin exchanges. Now this notice actually almost officially announces that all bitcoin exchanges following the rules will be legal.

I'm perfectly happy if China views Bitcoin as commodity only within the country, as you noted, that is generally how it has been treated in China anyway thus far anyway. We have the whole rest of the planet full of countries that can use it as a commodity and as a currency if desired.
sr. member
Activity: 378
Merit: 250
Been trying to buy since 905.
legendary
Activity: 1176
Merit: 1000
Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
sr. member
Activity: 378
Merit: 250
How the fuck do you buy anything? This is crazy.
full member
Activity: 238
Merit: 100
Just tried to buy one BTC on GOX @ market price and it does not work.
Status pending.

Does it mean too much volume for the platform to handle ?

The BIG BUTTON IS BROKEN!!!! Gox fails at critical moment... per usual.  Huh

My order just got filled on GOX : it took almost 4 minutes for a BUY Market Order !!



Karpeles drinks your tears. He says they taste delicious.

"You're so dumb that you don't deserve your coins" he thinks while smiling and looking at your eyes. Cheesy
sr. member
Activity: 338
Merit: 250
Just tried to buy one BTC on GOX @ market price and it does not work.
Status pending.

Does it mean too much volume for the platform to handle ?

The BIG BUTTON IS BROKEN!!!! Gox fails at critical moment... per usual.  Huh

My order just got filled on GOX : it took almost 4 minutes for a BUY Market Order !!



Karpeles drinks your tears. He says they taste delicious.

My order was filled at 943 USD, I am not crying.
legendary
Activity: 1148
Merit: 1018
full member
Activity: 126
Merit: 100
Just tried to buy one BTC on GOX @ market price and it does not work.
Status pending.

Does it mean too much volume for the platform to handle ?

The BIG BUTTON IS BROKEN!!!! Gox fails at critical moment... per usual.  Huh

My order just got filled on GOX : it took almost 4 minutes for a BUY Market Order !!



Karpeles drinks your tears. He says they taste delicious.

Thank you for making us look.  Tongue

edit: another market order-- timed it at 4:35. Over 4 minutes to execute.
maz
full member
Activity: 140
Merit: 100
Dont fall for the bulltrap guys!
member
Activity: 126
Merit: 10
Aaaaaaand we're coming back up! Cheesy
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
full member
Activity: 159
Merit: 100
In Short Term the Central Bank news in China is negative, also with SR-Shutdown, but Mid-term and espacially Long-term its good, because the currency is noted.
Ban of gold don´t helped the gov, only in short term, in bitcoin too

This is only news for the weak hands.
full member
Activity: 160
Merit: 100
Interesting to see the LTC/BTC ratio holding on surprisingly well to all this hype.
When BTC gets back to 1200 - 1300 (today ?  Roll Eyes ), some people will have actually benefited from all this if they just held.
legendary
Activity: 882
Merit: 1000
My understanding is that now China government clarified their policy towards bitcoin:

1) Bitcoin is a virtual commodity. It's not a currency so it cannot be used as a currency.
2) Bitcoin exchanges have to take some measures to verify users' identities and avoid money laundering.
3) Avoid using 'virtual currency' in the media to avoid misleading investors.

Actually it is not a bad news. Bitcoin has never been used as a currency in China (except two attempts did by a branch of Baidu and China Jiangsu Mobicomm). People buy them mainly for speculation and transferring funds to overseas.

Previously people may worry about the legality of bitcoin exchanges. Now this notice actually almost officially announces that all bitcoin exchanges following the rules will be legal.
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
Last chance to buy under $1000.

Don't miss out.

edit- too late
legendary
Activity: 1148
Merit: 1018
The worst case scenario is not a drop in the low 2-300s, it is that we might enter a painful multi year bear market.

Lol at the drama at $300s - why would be so bad for the price to stabilize a 300% higher than it was in mid october, and a 2500% higher than it was on January 2013?

2500% yearly growth seems a good investment to me.
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