Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33375. (Read 26462707 times)

It's a bubble... correction coming soon.

http://www.ft.com/intl/cms/s/2/42ca6762-bbfc-11e2-82df-00144feab7de.html

Daily chart looking very bullish for a spike to 130/140 soon

I find it interesting that the market suddenly got very stable a week before the conference. Seeing as Coinbase just got 5M, there's likely to be some VC money floating around. I'd imagine 10-30% swings in the price would be counterproductive to people trying to legitimize/sell BTC as a whole. All of the big players in Bitcoin stand to benefit from a nice stable price and it wouldn't be all that hard to artificially stabilize things. A single person is propping up LTC, so it's not like it would take some kind of elaborate scheme.

Trying to sell your idea, sell your business, partner with non-Bitcoin businesses, having the market drop 10-20% would generate some skeptical questions. Any news about the exchanges brings up questions about MtGox which I’m sure everyone at the conference would love to avoid.
A quick scan through the speakers, probably 60-100M of fiat tied up in BTC, they’ll make sure it survives the weekend. Along with 50k of BTC bids between $100-$117, people expecting good news from the conference, probably a bad time to dump 60-80k coins on the market driving it sub $100.

Makes sense for all the big players to keep it stable and makes sense for any big sell offs to wait for a conference bump. I don’t see it going down, if anything a few mini rallies leading up and from any good news. Next week, probably gets a little bumpy.  

Of course I don't trade Bitcoin, man! I have no incomes in my life, so I don't pay taxes 

Live is dead, so:

Yeah. I hope you using this forum over Tor or an anonymised VPN if you're planning to admit you trade Bitcoin.

All Time High for this topic 

Page 400!

And I don't pay any taxes in principle (I'm libertarian, so f**k them all). But I'm not from UK

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This is great news and I'm happy that my country is taking a measured response rather than an immediately hostile one (I'm looking at YOU Canada...)

I've never dodged a single penny of tax in my life and I suspect that is their main concern (tax, not me). We need close scrutiny like this to progress.

I got 100,000 cheap on eBay this morning. I had to wipe the blood off them though.

This could be good news.

Bitcoin is taken seriously, and regulated bitcoin exchange is being considered in the UK.


Legitimacy...

paywalled link

Threat to governments?

UK taxmen, police and spies look at Bitcoin threat

http://www.ft.com/intl/cms/s/0/42ca6762-bbfc-11e2-82df-00144feab7de.html#axzz2TGEytQ2t

Bitcoin is a threat now!

No idea, but that sure was one of the weirdest things lately. Bitcoinity also did some funky stuff.

Nokia crashing...Finns jumping in lol