Just broke through 105. I have a feeling this rally is going to go on for several hours.
we did not touch 105
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32928. (Read 26467514 times)
June 18, 2013, 06:11:52 AM
we did not touch 105
June 18, 2013, 06:02:18 AM
Just broke through 105. I have a feeling this rally is going to go on for several hours.
June 18, 2013, 06:00:46 AM
June 18, 2013, 05:58:37 AM
Yes, still more in development too -- I've seen 3 or 4 others bubbling up. Quite competitive.
Bear in mind that they all use instant payment methods too -- no wire transfers....
Bear in mind that they all use instant payment methods too -- no wire transfers....
Is one of those exchanges larger volume than btcnCNY? That's the only chinese one I see on bitcoincharts/bitcoinity.
Not yet.
June 18, 2013, 05:56:54 AM
If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning
)Glad to hear your rehabilitation is progressing. Keep being strong.
June 18, 2013, 05:56:15 AM
Yes, still more in development too -- I've seen 3 or 4 others bubbling up. Quite competitive.
Bear in mind that they all use instant payment methods too -- no wire transfers....
Bear in mind that they all use instant payment methods too -- no wire transfers....
Is one of those exchanges larger volume than btcnCNY? That's the only chinese one I see on bitcoincharts/bitcoinity.
June 18, 2013, 05:46:08 AM
I actually sold some BTC during the last 3 days. We have a giant wedge, which well may break to the upside, but as well it can break to the downside, which means we will viciously crash to $50 in the final capitulation. It is easy to sell bitcoins, and there are no support levels after 88 and 79. Many latecomers are still sitting on gains. Even all of my net purchases ever are green (I never net purchased above $100 after all) and my finger is becoming itchy. I always tend to think that I represent a group of people, and that group is now on the sell side, no chance to buy as we are already all-in.
If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning )
What's your target price there? If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning
)I just bought in again, don't see us breaking down to low numbers this week. Maybe later.
June 18, 2013, 05:42:19 AM
I actually sold some BTC during the last 3 days. We have a giant wedge, which well may break to the upside, but as well it can break to the downside, which means we will viciously crash to $50 in the final capitulation. It is easy to sell bitcoins, and there are no support levels after 88 and 79. Many latecomers are still sitting on gains. Even all of my net purchases ever are green (I never net purchased above $100 after all) and my finger is becoming itchy. I always tend to think that I represent a group of people, and that group is now on the sell side, no chance to buy as we are already all-in.
If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning )
If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning
) 
June 18, 2013, 05:38:14 AM
Yeah, thanks BitPirate thats a really hand site
+1
You can view in Google Tranlsate as well http://bit.ly/19MkEKk
June 18, 2013, 05:34:51 AM
Which Chinese exchange are people looking at?
Every single one ;-)
You can see them all here: http://btckan.com/price
USD price is second from left.
The weekend drop was already pretty reluctant TBH.
That's an amazing link, 9 RMB exchanges! The Chinese are really getting excited about Bitcoin.
It is approaching the volume of BTC-E.
Futures are where the price manipulation will be happening increasingly.
https://796.com/reg/index/100231
June 18, 2013, 05:22:14 AM
so buying selling btc with for ltc now. time to buy sell ltc...
June 18, 2013, 05:15:27 AM
Yes, still more in development too -- I've seen 3 or 4 others bubbling up. Quite competitive.
Bear in mind that they all use instant payment methods too -- no wire transfers....
Bear in mind that they all use instant payment methods too -- no wire transfers....
June 18, 2013, 05:09:19 AM
Which Chinese exchange are people looking at?
Every single one ;-)
You can see them all here: http://btckan.com/price
USD price is second from left.
The weekend drop was already pretty reluctant TBH.
That's an amazing link, 9 RMB exchanges! The Chinese are really getting excited about Bitcoin.
+1
June 18, 2013, 05:08:46 AM
Yeah, thanks BitPirate thats a really hand site
June 18, 2013, 05:06:30 AM
Which Chinese exchange are people looking at?
Every single one ;-)
You can see them all here: http://btckan.com/price
USD price is second from left.
The weekend drop was already pretty reluctant TBH.
That's an amazing link, 9 RMB exchanges! The Chinese are really getting excited about Bitcoin.
June 18, 2013, 05:00:43 AM
June 18, 2013, 04:58:45 AM
Wall at $105 looks attractive.
June 18, 2013, 04:54:10 AM
Virtual economies and the use of virtual currencies intended as
alternatives to government
-
issued currencies are a recent phenomenon,
and the extent to which their use results in tax noncomp
liance is unknown. Given this uncertainty, available funding, and other priorities,
IRS made a reasoned decision not to implement a compliance approach
specific to virtual economies and currencies. However, IRS did see value in providing taxpayers with information on the tax consequences of virtual
economy transactions, a low
-
cost step to potentially mitigate some of the
noncompliance risk associated with such transactions. The uncertainty
about the extent virtual currencies are used in taxable transactions
and
any associated tax noncompliance means that costly compliance
activities are not merited at this time. However, the fact that
misinformation is circulating and the possibility of growth in the use of
virtual currencies outside virtual economies suggest that it would be
prudent to take low
-
cost steps, if available, to mitigate potential
compliance risks. The type of information IRS provided about virtual
economy transactions is one model.
http://gao.gov/assets/660/654620.pdf
Rally may have some legs
alternatives to government
-
issued currencies are a recent phenomenon,
and the extent to which their use results in tax noncomp
liance is unknown. Given this uncertainty, available funding, and other priorities,
IRS made a reasoned decision not to implement a compliance approach
specific to virtual economies and currencies. However, IRS did see value in providing taxpayers with information on the tax consequences of virtual
economy transactions, a low
-
cost step to potentially mitigate some of the
noncompliance risk associated with such transactions. The uncertainty
about the extent virtual currencies are used in taxable transactions
and
any associated tax noncompliance means that costly compliance
activities are not merited at this time. However, the fact that
misinformation is circulating and the possibility of growth in the use of
virtual currencies outside virtual economies suggest that it would be
prudent to take low
-
cost steps, if available, to mitigate potential
compliance risks. The type of information IRS provided about virtual
economy transactions is one model.
http://gao.gov/assets/660/654620.pdf
Rally may have some legs
June 18, 2013, 04:47:42 AM
It's me or we are having slightly more volume than lately?
June 18, 2013, 04:46:28 AM
Which Chinese exchange are people looking at?
http://bitcoincharts.com/markets/currency/CNY.html Jump to: