Amazing how a thread can have so many post
Great work!
Great work!
Yeh I was wondering, if this the longest thread in this forums history? Then that got me thinking, on what is the the longest thread in any forum ever lol. I wonder. Anyone know?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31970. (Read 26608252 times)
November 17, 2013, 03:12:40 PM
Yeh I was wondering, if this the longest thread in this forums history? Then that got me thinking, on what is the the longest thread in any forum ever lol. I wonder. Anyone know?
November 17, 2013, 03:12:12 PM
This is not mental. This is Bitcoin.
This has happened before, it is now happening again.
The last few weeks we're increasing at rates that have not happened since early 2011.This has happened before, it is now happening again.
November 17, 2013, 03:11:46 PM
Sorry, bit of a noob here but I've been lurking for a while and I'm guessing the Senate Hearing will be mainly bothered about....
Traceability
Taxation
Regulation is good in the long run but in the short term I wonder how many bitcoin holders out there will get nervous about the prospect of having to document and justify their BTC balance ? There have been thousands of BTC stolen in these early days and as time progresses it's going to be increasingly tough to cash them out without questions being asked.
Personally I'm in the uk and I'm not planning to cash out anything till the regulation is clear.
I'm a very small player though !
Feel free to shoot any/all of this down by the way, it's mainly guesswork.
Traceability
- Exchanges tracking transactions to accounts so incoming USD can be traced within the exchange
- Regulation allowing US authorities access to the above
- Bitcoin movement on the blockchain (thus the "red list" proposal)
Taxation
- How to tax profit/gains made via exchanges - would need paperwork & transaction histories to back it up though
- Taxation of pure bitcoin transactions - bitcoin could show up in your tax return since it is becoming possible to live without USD
- Taxation relating to sales tax - is selling someone say 1 BTC outside of an exchange taxable ?
Regulation is good in the long run but in the short term I wonder how many bitcoin holders out there will get nervous about the prospect of having to document and justify their BTC balance ? There have been thousands of BTC stolen in these early days and as time progresses it's going to be increasingly tough to cash them out without questions being asked.
Personally I'm in the uk and I'm not planning to cash out anything till the regulation is clear.
I'm a very small player though !
Feel free to shoot any/all of this down by the way, it's mainly guesswork.
November 17, 2013, 03:09:33 PM
Amazing how a thread can have so many post
Great work!
Great work!
Yeh I was wondering, if this the longest thread in this forums history? Then that got me thinking, on what is the the longest thread in any forum ever lol. I wonder. Anyone know?
November 17, 2013, 03:08:25 PM
This is what you get when you can't withdraw on MtGox 
November 17, 2013, 03:08:05 PM
This is just fucking mental...
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I don't think the Chinese (or the Europeans or anyone else for that matter) really care much about what the Senate does
Everybody cares about it as the outcome of it will have an impact on the price. Good or bad.
Its another one of those silk-road type scenarios.
-> Nobody cares about an event, except the impact that event will have on price.
-> That event will have no impact on price, unless people care about it.
It will either cause a short-term bubble (of the real variety) or a short term crash, depending on how people want to spin it this time. Unless something really weird happens like the government actually deciding on something, the long-term effect will be 0 on pretty much anything.
Mostly agree though USA going to full dick mode wold have a big impact. Don't think it will happen though, certainly not tomorrow.
I think the chances of senators doing pretty much anything at this point is currently 0. Each senator does what they think will either (A) get them more money or (B) get them more votes. Going full dick mode on Bitcoin has the potential to do neither, and even some non-bitcoiners will view it as increased government spying (read: nobody likes the NSA) which certainly won't help that senator's popularity. About the most they'll do is say stuff like "yeah, we need to make sure it doesn't allow people to buy heroin" and not actually do anything because doing something would actually take some effort.
November 17, 2013, 03:05:44 PM
This is not mental. This is Bitcoin.
This has happened before, it is now happening again.
The last few weeks we're increasing at rates that have not happened since early 2011. This has happened before, it is now happening again.
November 17, 2013, 03:04:37 PM
This is just fucking mental...
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I don't think the Chinese (or the Europeans or anyone else for that matter) really care much about what the Senate does
Everybody cares about it as the outcome of it will have an impact on the price. Good or bad.
Its another one of those silk-road type scenarios.
-> Nobody cares about an event, except the impact that event will have on price.
-> That event will have no impact on price, unless people care about it.
It will either cause a short-term bubble (of the real variety) or a short term crash, depending on how people want to spin it this time. Unless something really weird happens like the government actually deciding on something, the long-term effect will be 0 on pretty much anything.
Mostly agree though USA going to full dick mode wold have a big impact. Don't think it will happen though, certainly not tomorrow.
November 17, 2013, 03:03:45 PM
Looks like this is buying in anticipation of the Senate hearing which big players are betting will be bullish.
The Senate hearing is bullish. Period.
No matter what they say, I say that a public senate hearing about bitcoin is already a success and its already priced in.
November 17, 2013, 03:03:36 PM
This is just fucking mental...
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I don't think the Chinese (or the Europeans or anyone else for that matter) really care much about what the Senate does
Everybody cares about it as the outcome of it will have an impact on the price. Good or bad.
Will it? I beg to differ. We'll see tomorrow I suppose.
November 17, 2013, 03:03:02 PM
nice gfx, but impossible to read, its merely guesing which color belongs to which exchange
http://data.bitcoinity.org/#caaaabdfaa
Yup, the colours aren't the easiest to interpret. Might be more helpful if the smaller exchanges were all grouped into "other" and greater distinction made between the colours of the major exchanges.
The top green is gox, the bottom green is finex. The rest should be rather self explanatory.
Obviously. But having fourteen colours in the key when the chart really only shows four major players. My geography teacher would have had a stroke.
November 17, 2013, 03:02:20 PM
nice gfx, but impossible to read, its merely guesing which color belongs to which exchange
http://data.bitcoinity.org/#caaaabdfaa
Yup, the colours aren't the easiest to interpret. Might be more helpful if the smaller exchanges were all grouped into "other" and greater distinction made between the colours of the major exchanges.
The top green is gox, the bottom green is finex. The rest should be rather self explanatory.
Obviously. But having fourteen colours in the key when the chart really only shows four major players. My geography teacher would have had a stroke.
November 17, 2013, 03:02:16 PM
This is just fucking mental...
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I don't think the Chinese (or the Europeans or anyone else for that matter) really care much about what the Senate does
Everybody cares about it as the outcome of it will have an impact on the price. Good or bad.
Its another one of those silk-road type scenarios.
-> Nobody cares about an event, except the impact that event will have on price.
-> That event will have no impact on price, unless people care about it.
It will either cause a short-term bubble (of the real variety) or a short term crash, depending on how people want to spin it this time. Unless something really weird happens like the government actually deciding on something, the long-term effect will be 0 on pretty much anything.
November 17, 2013, 03:00:10 PM
This is just fucking mental...
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I don't think the Chinese (or the Europeans or anyone else for that matter) really care much about what the Senate does
Everybody cares about it as the outcome of it will have an impact on the price. Good or bad.
November 17, 2013, 03:00:10 PM
Amazing how a thread can have so many post
Great work!
Great work!
November 17, 2013, 02:58:55 PM
nice gfx, but impossible to read, its merely guesing which color belongs to which exchange
http://data.bitcoinity.org/#caaaabdfaa
Yup, the colours aren't the easiest to interpret. Might be more helpful if the smaller exchanges were all grouped into "other" and greater distinction made between the colours of the major exchanges.
The top green is gox, the bottom green is finex. The rest should be rather self explanatory.
November 17, 2013, 02:58:48 PM
no more coins on gox beyond 550. but i still have no idea how next week will play out …
$25 million on Gox on orderbook vs 12k BTC. ATH and ATL respectively. If Gox USD issues are as real as people say, the PANIC buying to move out BTC at considerable loss could be epic.
November 17, 2013, 02:58:06 PM
This is just fucking mental...
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I have only 2 explanations:
1. Someone knows Senate will be gentle
2: Someone want the price as higher as possible for dumping on it if Senate would not be gentle.
I don't think the Chinese (or the Europeans or anyone else for that matter) really care much about what the Senate does
November 17, 2013, 02:58:01 PM
This is not mental. This is Bitcoin.
This has happened before, it is now happening again.
This has happened before, it is now happening again.
Happening on 5$ or 50$ is different thing than on 500$.
Although 50 million to 500 million is different to 500 million to 5 billion in market cap for sure.
November 17, 2013, 02:57:13 PM
What the senate says makes negative difference. What makes a difference is we're nearing $532, the official doubling point from the last ATH. Lets see if we can break it.
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