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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32981. (Read 26498275 times)

legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2097
Merit: 1070
This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?
They will just use btc-e or some other unregulated exchange.

True, it will be business as usual for the drug sellers. MtGox will deal with the large user base of legitimate users.

Of course anyone can also send their Bitcoins to MtGox for trading over time and just use one of the fringe exchanges or OTC for cashing out whenever they want some fiat.
legendary
Activity: 1552
Merit: 1047
This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?
They will just use btc-e or some other unregulated exchange.
full member
Activity: 364
Merit: 100
This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?
sr. member
Activity: 252
Merit: 250
MtGox willfully coming under regulations is extremely bullish news.  Anything that brings the Bitcoin economy under US regulations is extremely positive for Bitcoins future.  If this trend continues, I will have to dump my bear claws for bull horns.  Yes, I think it's that significant and of course the news is, soooo anti-Libertarian, I can't hardly control my laughter.   Grin  

This news does not seem to have hit mainstream media in the US yet.  Could be because it came out in a Friday news dump.  I wouldn't expect some crazy panic buy but I would expect sentiment to begin to shift in a positive way toward Bitcoin.  The more Bitcoin can shed it's "anti-regulation", "criminal sponsor" image, the better chance it has to be successful.





legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1498
Merit: 1000
http://www.thebitcointrader.com/2013/06/snapswap-launches-ripple-gateway.html

So what impact may this have? Bitstamp will eat finally MtGox IMO.
USD funds available again.

Meanwhile Ripple usage (network) will skyrocket and maybe XRPs too! Bye bye Litecoin (ok maybe after it hit MtGox and being dumped hardcore)..
hero member
Activity: 672
Merit: 500
Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on  Huh

Isn't Adam's 180 in x business days same bullshit?

Yes? Why?
sr. member
Activity: 252
Merit: 250
Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on  Huh

Isn't Adam's 180 in x business days same bullshit?
legendary
Activity: 1428
Merit: 1000
Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy

Oh well he ate my sell at 100.4 .. Grin
member
Activity: 98
Merit: 10
I love the expression butthurt.
hero member
Activity: 672
Merit: 500
Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy

You want to make a bet on this?

He won't obviously because he knows it's total bs.
I just don't understand why he keeps saying this as he must also realize he will look pretty damn stupid soon enough.
Really odd beaviour.

Edit: obviously he already looks stupid as a few hours after he said we won't see triple digits again we saw triple digits.
He simply ignores it and just goes on  Huh
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1246
Merit: 1000
Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy

You want to make a bet on this?
N12
donator
Activity: 1610
Merit: 1010
Oh dear, someone just established 100 as a resistance by buying to 100.44 and having it fall.

Goodbye, triple digits. See you next year(s). Cheesy
sr. member
Activity: 266
Merit: 250
I've been following that Sir Bits for a while. He seems down to earth, has good data and makes interesting observations.

Don't know who he really is though.
legendary
Activity: 1442
Merit: 1000
Antifragile
Here is a chart I follow from that Twitter guy I mentioned - Sir Bits a lot...

I'll keep an eye on his points...


Bit of a daft chart. Why not extend those purple lines back to Arpil/May - then they would look almost flat and pointing at the current price!

Agreed, I thought the same but he is just looking at the move after the correction. Anyway, the guy is a programmer and claims to have found a "fingerprint" for some manipulation in the BTC.
The thing about charts is even when you do what is accepted they still are not exactly consistent nor accurate. So, I'm going to see where his goes...
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1092
Merit: 1001
Touchdown
Here is a chart I follow from that Twitter guy I mentioned - Sir Bits a lot...

I'll keep an eye on his points...


Bit of a daft chart. Why not extend those purple lines back to Arpil/May - then they would look almost flat and pointing at the current price!
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