Bitcoin Forum

 :o

http://www.coindesk.com/bitcoin-goes-mainstream-inclusion-yahoo-finance/

wow, thanks! That and expedia accepting bitcoin now, lots of bullish news, tell that to bitstamp...

Bitstamp knows that there is mass of leveraged longs just waiting to cash out on it's arse should it start buying up the Ask Wall with it's undiluted and unleveraged capital. Bitstamp would prefer that these longs were squeezed so Bitstamp can buy it's coins cheaper.

As I said in the wall topic. This is so cool :)

Google Finance as well: http://www.coindesk.com/google-bitcoin-price-conversion/ (http://www.coindesk.com/google-bitcoin-price-conversion/)

I think this is the fourth thread I read on Yahoo Finance news, by the way I missed the Google Finance one, two great news which can only drive the price up!

Agreed. The Google news is even more substantial IMHO.

This is very good news. It really does make me happy to watch this currency grow. :)

Just looked at BTC-e and a big red candle ... where are the green candles ???

That's a good news, is much important that Bitcoin is listed on Yahoo Finance.

So, in the next future there will some probability that Bitcoin will be used by Yahoo like payment method.

One question: Where Yahoo Finance catch the Bitcoin value?

Good news!

Bitcoin is listed on xe.com http://www.xe.com/currency/xbt-bitcoin

Looking at the price action, I tend to agree. Bitfinex longs are holding on to hope that we don't continue to slip down -- over $20 spread with Stamp! Crazy times.

No immediate upwards movement as a result of this, Google & Expedia. Thought the 3 combined would have at least resulted in it ticking upwards. If it doesn't do it now when a rally is 'supposed' to have started, what will it take for it to happen? :(

This looks like coordinated action by Google, Yahoo and Xe

Agreed. Highly unlikely that this is just a coincidence.

Interesting thing will be to see what they have planned next  ;)

Anyone know how to access btc/usd from yahoo finance's API?

The symbol is strange "btcusd=x". Trying to figure it out.

ibankbtc.

Well maybe thats why we havent seen the price go to where it belongs, it should be 800 minimum at this point.

hmm. this seems bullish. which is good because i'm bagholding again. :'(

 :o

Was also my reaction this is neat if I remember right and comes in second place for the Bitcoin news of the day ha-ha
Expedia won lol.
That said I am glad that Yahoo Finance is taking Bitcoin seriously enough to add its own ticker for it.

This comment summed it up
“This is literally the best news I’ve had all day, and the day is still young!” said one commenter. “Another nice stamp of approval,” said another.

Amazing to think its going by day now this might have been the news of the week a while back and a month before that.

And yet the price is going down a little bit : 607$ on Bitstamp atm

It looks like a really good time to buy bitcoins

Well you know the news things change
In this case the old Silk Road coins coming back to life helped with this price drop
So it is worth analyzing how long the market keeps dampened on this news
To predict the next rise of course :)

The short term price of BTC any investment does not matter, it is the longer term price that can make or break people.

BTC being on the yahoo finance page will get more people to get interested in bitcoin and to use it

If you get in @ 50 and it goes to 500 you made 1000% but if you got it @ 120 you made 410%

If you think it is going way up and you don't want to speculate on the price going lower before buying, you should just buy as soon as you can

We are going mainstream. But why price felt from 650 to 550?

I don't understand, why are they using BTC instead of XBT?

yahoo finance, monoprix, expedia, india, paypal, wall street, inflation will drive the price higher but in the meantime the market is pushing down

after a month rally a bear trap is the next logical step. there were two last year, and the year before. this is number one, number two will likely be following the push past 700 and then skyward. as long as it follows its historical trend that is. i see little reason it shouldn't.

Yeah, all of their currency pairs are like that. It somewhat makes sense, but I don't think it is any sort of standard notation.

Didn't know about this!
Why so much fuss about yahoo, this is way more important.
When Google adopts btc fully... that will be the trigger point to success.

Doing this can be dangerous as it could be a long time before the price recovers enough for you to turn a profit.

If you think it is going down you can wait to buy or even short but you are trading then because you are thinking you know how the market will react in the short term

If you want to invest in Bitcoin and believe in its long term potential you should buy and hold; some try to play the big waves in price, it is dangerous and you need to be really connected to the market to do so effectively

Well let me ask you this, what would you do if the price went below your purchase price and you needed money (you have no other source of funds)? The answer is that you would be forced to sell.

Yes but it doesn't contradict anything I said ;D

But that is the point. You cannot assume that something is going to have a higher price in the future when there is a possibility that you will need the asset in the present.

You can think the price will have a higher price in the future and still end up needing the asset in the near future but if you only invest money you will most probably not need you are likely not to divest anything; if you plan it well and you delay gratification you can expect not to touch your bitcoins if you have a stable income