Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33366.

Nikolaj06

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Activity: 116

Merit: 10

WINSTARS - We are changing the face of gambling

Quote from: Coinseeker on May 29, 2013, 02:31:30 PM

I agree it's good news for Bitcoin, if it's sincere. Now submit to regulations and hope for the best.

Jesus Coinseeker, I hear you use that word all the time, but what exactly do you mean..? How would you go about regulating Bitcoin?

Edit: I mean as in Bitcoin it self, not exchanges or anything that has to do with the transfer of dollars.

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: Coinseeker on May 29, 2013, 02:31:30 PM

I agree it's good news for Bitcoin, if it's sincere. Now submit to regulations and hope for the best.

You still don't get it do you? Exchanges have to play by the rules ofcourse but bitcoin itself can not and will not be regulated. Sorry if that hurts your regulated feelings.

Richy_T

legendary

Activity: 2576

Merit: 2267

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Quote from: Coinseeker on May 29, 2013, 02:31:30 PM

I agree it's good news for Bitcoin, if it's sincere. Just submit to regulations and hope for the best.

Exchanges are not Bitcoin.

Frozenlock

sr. member

Activity: 434

Merit: 250

Uh oh... rally is losing steam! Sell sell sell! Wink

Coinseeker

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Activity: 252

Merit: 250

Quote from: tHash on May 29, 2013, 02:29:44 PM

Quote from: Rampion on May 29, 2013, 02:11:10 PM

Quote from: Miz4r on May 29, 2013, 02:00:14 PM

Quote from: TsuyokuNaritai on May 29, 2013, 01:50:55 PM

http://www.thegenesisblock.com/bitcoin-trading-market-reaction-to-regulatory-news-is-remarkably-consistent/

Is the same thing happening right now? Interesting stuff...

Expected.

Only coinseeker would sell if the US says "Bitcoin is bad". Normal people will just buy all the coins they can with their fiat and transfer them to their wallets

Leaving jokes apart, all this is quite bullish for BTC. Despite of MtGox's fuck up, it's a fact that main BTC exchanges are trying to comply with regulations. And the sheriffs that busted LR say clearly that they are NOT after virtual currencies if they abid to FinCEN rules:

http://www.davidnews.com/2013/05/liberty-reserve-laundered-6-billion.html

That's the sheriffs press conference, listen carefully from minute 28:00

Quote

I want to make clear that today's actions does not mean that we are against virtual currencies

And you can see how the guy is implicitly referring to BTC, saying that it's ok if the exchanges are registered as MSB's

This is big, and may well be as close an "endorsement" from the government we have seen so far.

I agree it's good news for Bitcoin, if it's sincere. Just submit to regulations and hope for the best. Wink

tHash

sr. member

Activity: 260

Merit: 250

Quote from: Rampion on May 29, 2013, 02:11:10 PM

Quote from: Miz4r on May 29, 2013, 02:00:14 PM

Quote from: TsuyokuNaritai on May 29, 2013, 01:50:55 PM

http://www.thegenesisblock.com/bitcoin-trading-market-reaction-to-regulatory-news-is-remarkably-consistent/

Is the same thing happening right now? Interesting stuff...

Expected.

Only coinseeker would sell if the US says "Bitcoin is bad". Normal people will just buy all the coins they can with their fiat and transfer them to their wallets

Leaving jokes apart, all this is quite bullish for BTC. Despite of MtGox's fuck up, it's a fact that main BTC exchanges are trying to comply with regulations. And the sheriffs that busted LR say clearly that they are NOT after virtual currencies if they abid to FinCEN rules:

http://www.davidnews.com/2013/05/liberty-reserve-laundered-6-billion.html

That's the sheriffs press conference, listen carefully from minute 28:00

Quote

I want to make clear that today's actions does not mean that we are against virtual currencies

And you can see how the guy is implicitly referring to BTC, saying that it's ok if the exchanges are registered as MSB's

This is big, and may well be as close an "endorsement" from the government we have seen so far.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Miz4r on May 29, 2013, 02:00:14 PM

Quote from: TsuyokuNaritai on May 29, 2013, 01:50:55 PM

http://www.thegenesisblock.com/bitcoin-trading-market-reaction-to-regulatory-news-is-remarkably-consistent/

Is the same thing happening right now? Interesting stuff...

Expected.

Only coinseeker would sell if the US says "Bitcoin is bad". Normal people will just buy all the coins they can with their fiat and transfer them to their wallets

Leaving jokes apart, all this is quite bullish for BTC. Despite of MtGox's fuck up, it's a fact that main BTC exchanges are trying to comply with regulations. And the sheriffs that busted LR say clearly that they are NOT after virtual currencies if they abid to FinCEN rules:

http://www.davidnews.com/2013/05/liberty-reserve-laundered-6-billion.html

That's the sheriffs press conference, listen carefully from minute 28:00

Quote

I want to make clear that today's actions does not mean that we are against virtual currencies

And you can see how the guy is implicitly referring to BTC, saying that it's ok if the exchanges are registered as MSB's

dexX7

legendary

Activity: 1106

Merit: 1026

Which news?

AmazonStuff

hero member

Activity: 628

Merit: 500

I bought the first 340BTC which started this mini-rally on Bitstamp, just because I received the good news, so let's see what will happen... Maybe I just lost a lot of money LoL Cheesy

ChartBuddy

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Miz4r

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Activity: 1246

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Quote from: TsuyokuNaritai on May 29, 2013, 01:50:55 PM

http://www.thegenesisblock.com/bitcoin-trading-market-reaction-to-regulatory-news-is-remarkably-consistent/

Is the same thing happening right now? Interesting stuff...

dexX7

legendary

Activity: 1106

Merit: 1026

Wow did I miss something? Coming back online and volume + price skyrocks. Bitstamp usually follows, but it's rare to spot that much volume backing up the move. Feels better than the 6k till 132 from a few hours earlier.

^ Bitstamp

130 done!

Quote from: wonkytonky on May 29, 2013, 01:49:59 PM

or is this normal for bitstamp?..

No!

Richy_T

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Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: wonkytonky on May 29, 2013, 01:39:27 PM

dammit i'm always to late buying.. im always to late selling.. again.. i missed it today came just home from work stuck in traffic..

jsfqmsjfqsdmfjqsdlfjkldsfjlqmskdf

https://play.google.com/store/apps/details?id=com.mtgoxlive.trader&hl=en

Not that I'd advocate fiddling with a phone in traffic.

IG0BR0KE

newbie

Activity: 56

Merit: 0

are we drawing a big Cup & Handle (H1 & H2)? Huh

the handle is rly not clear but there's a little bit of it

http://img15.hostingpics.net/pics/598686Capturedu20130529205607.png

Miz4r

legendary

Activity: 1246

Merit: 1000

No this is a ridiculous amount for Bitstamp, someone just bought the entire wall.

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

http://www.thegenesisblock.com/bitcoin-trading-market-reaction-to-regulatory-news-is-remarkably-consistent/

wonkytonky

sr. member

Activity: 411

Merit: 250

wtf 1.3k buy's on bitstamp .. it seems we found where some of tha money from gox went too..

or is this normal for bitstamp?..

Miz4r

legendary

Activity: 1246

Merit: 1000

Holy crap someone bought 1300 BTC on Bitstamp at $130. Shocked

wonkytonky

sr. member

Activity: 411

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dammit i'm always to late buying.. im always to late selling.. again.. i missed it today came just home from work stuck in traffic..

jsfqmsjfqsdmfjqsdlfjkldsfjlqmskdf

ardana123

hero member

Activity: 504

Merit: 500

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33366. (Read 26497678 times)