Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31495.

rpietila

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Activity: 1722

Merit: 1036

Quote from: Carra23 on November 29, 2013, 04:01:31 AM

There is also the chance they bought their own walls to induce momentum.

Anyone with more bitcoins than 1,000 is cautious of the rise, and scheming to keep the price in check to solidify their own position in the real world. (Anyone with <1,000 coins does not have walls)

seanneko

full member

Activity: 196

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Quote from: justusranvier on November 29, 2013, 04:04:18 AM

...then cut it in half to make sure it's not gold-plated tungsten.

Beat me to it. This is why I'd never buy a precious metal, especially gold. How can you ever be sure it's real?

Vycid

sr. member

Activity: 336

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♫ the AM bear who cares ♫

Quote from: ?? on ??

Quote from: philip2000uk on November 29, 2013, 03:40:40 AM

Quote from: Mevius on November 29, 2013, 03:35:08 AM

It says it right on the bar: 'fine gold'.

LOL but if i was a noob and i was buying it, who would i trust? how would i check quickly for myself

Here is a way:

You weigh it (on an accurate scale), than you measure the volume by putting it into a finely graded measuring cylinder with some water. Note the increase in volume when adding the gold bar. The volume for one kg gold should be 51.86 cubic centimeters (ml).

This method is easily defeated with gold-coated tungsten alloy. Like I said, portable XRF.

Edit: damn it justusranvier, you're quick on the trigger

justusranvier

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Quote from: ?? on ??

Quote from: philip2000uk on November 29, 2013, 03:40:40 AM

Quote from: Mevius on November 29, 2013, 03:35:08 AM

It says it right on the bar: 'fine gold'.

LOL but if i was a noob and i was buying it, who would i trust? how would i check quickly for myself

Here is a way:

You weigh it (on an accurate scale), than you measure the volume by putting it into a finely graded measuring cylinder with some water. Note the increase in volume when adding the gold bar. The volume for one kg gold should be 51.86 cubic centimeters (ml).

...then cut it in half to make sure it's not gold-plated tungsten.

gizmoh

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Activity: 1428

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Quote from: philip2000uk on November 29, 2013, 03:32:35 AM

Quote from: macsga on November 29, 2013, 03:16:10 AM

Hmmm... 10BTCs it is then... Someone is buying old assets Wink

How do i tell if it's real gold? Lips sealed

That's why btc is better, it cannot be counterfeited

http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-10-tungsten-filled-gold-bars-are-discovered-manhattan

Carra23

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Need a campaign manager? PM me

Quote from: antoineph on November 29, 2013, 03:09:33 AM

Quote from: windjc on November 28, 2013, 07:01:52 AM

Humans are a strange sort.

Barely buying all the way up to $1000. Then plowing through a 2500 wall in minutes once they are there. WTF?

That's not strange, its just they didn't know if it would happen until it happened. when they knew they bought. Before then they were trepidatious.

There is also the chance they bought their own walls to induce momentum.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: philip2000uk on November 29, 2013, 03:40:40 AM

Quote from: Mevius on November 29, 2013, 03:35:08 AM

It says it right on the bar: 'fine gold'.

LOL but if i was a noob and i was buying it, who would i trust? how would i check quickly for myself

portable XRF

philip2000uk

sr. member

Activity: 276

Merit: 250

Quote from: Mevius on November 29, 2013, 03:35:08 AM

It says it right on the bar: 'fine gold'.

LOL but if i was a noob and i was buying it, who would i trust? how would i check quickly for myself

600watt

legendary

Activity: 2338

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Quote from: lebing on April 09, 2013, 05:38:48 AM

just needed to re-post it ...

Mevius

member

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It says it right on the bar: 'fine gold'.

philip2000uk

sr. member

Activity: 276

Merit: 250

Quote from: macsga on November 29, 2013, 03:16:10 AM

Hmmm... 10BTCs it is then... Someone is buying old assets Wink

How do i tell if it's real gold? Lips sealed

macsga

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Activity: 1484

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Strange, yet attractive.

Hmmm... 10BTCs it is then... Someone is buying old assets Wink

jojo69

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diamond-handed zealot

Quote from: vps15 on November 29, 2013, 01:45:39 AM

ulp

antoineph

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Quote from: windjc on November 28, 2013, 07:01:52 AM

Humans are a strange sort.

Barely buying all the way up to $1000. Then plowing through a 2500 wall in minutes once they are there. WTF?

That's not strange, its just they didn't know if it would happen until it happened. when they knew they bought. Before then they were trepidatious.

seanneko

full member

Activity: 196

Merit: 100

At this rate Gox is going to overtake Stamp. Overtake on the way down.

Crazy

full member

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Looks like China is still setting the tone for this valuation. Kinda funny actually.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

vps15

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Activity: 98

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Gain more btc! https://satoshicircle.com/?aid=1718

Quote from: MahaRamana on November 29, 2013, 02:33:44 AM

Quote from: windjc on November 29, 2013, 02:11:42 AM

Am I the only one that is seeing that coins on much more sparse on Mtgox than on Stamp? If this is true, it would suggest that in the future it is going to be impossible for Stamp to keep up with Gox.

So much has been talked about regarding the fiat "stuck" in Gox and how people would theoretically have to buy bitcoin to get their currency out. However, the other thing is that who wants to sell their coins there if you can't get the money out? If most people with coins who need the money quickly would prefer to use Bitstamp for these obvious reasons, there is just going to be ALOT more bitcoins available on Bitstamp

We are seeing this in the last week. The spread has been over $200 for no particularly good reason.

Its a little crazy that with all these different exchanges, there are such different situations at each one that change the price dramatically and that most people are not (or can not) taking advantage of it (arbitrage).

I can't wait until there is parity in the exchange prices. Although I really question if that will happen anytime soon.

Why would anyone wire money to GOX in these circumstances ? At some point GOX will have to allow wires out otherwise they will lose their business. No ?

as far as i know it is possible to get money out, but it just takes a pretty long time

Davyd05

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Quote from: Adrian-x on November 29, 2013, 02:26:11 AM

Quote from: explorer on November 29, 2013, 02:20:23 AM

Quote from: windjc on November 29, 2013, 02:11:42 AM

Am I the only one that is seeing that coins on much more sparse on Mtgox than on Stamp? If this is true, it would suggest that in the future it is going to be impossible for Stamp to keep up with Gox.

So much has been talked about regarding the fiat "stuck" in Gox and how people would theoretically have to buy bitcoin to get their currency out. However, the other thing is that who wants to sell their coins there if you can't get the money out? If most people with coins who need the money quickly would prefer to use Bitstamp for these obvious reasons, there is just going to be ALOT more bitcoins available on Bitstamp

We are seeing this in the last week. The spread has been over $200 for no particularly good reason.

Its a little crazy that with all these different exchanges, there are such different situations at each one that change the price dramatically and that most people are not (or can not) taking advantage of it (arbitrage).

I can't wait until there is parity in the exchange prices. Although I really question if that will happen anytime soon.

There's almost no money on Virtex. last = US$910 or so. ground to a standstill. Its taking so long to get money in that sells are overwhelming available $.

I'll fix that tomorrow Wink

sounds good to me

isov

full member

Activity: 155

Merit: 100

Quote from: solex on November 29, 2013, 01:54:45 AM

Quote from: vps15 on November 29, 2013, 01:45:39 AM

Quote from: explorer on November 29, 2013, 01:34:41 AM

Quote from: vps15 on November 29, 2013, 01:32:13 AM

on top of this i just saw someone post about a major Chinese state owned telecommunications company that started accepting btc on a previous page, $10000 is coming

So is winter. Aw, shit... I just looked out the window. Looks like 10K Cheesy

who, what is that face?

Thats a white walker from TV-show game of thrones.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31495. (Read 26619951 times)