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1861  Economy / Speculation / Re: Silk road bust: bearish or bullish? on: October 15, 2013, 12:10:04 PM
I predict if the FBI coins are sold at any point it will be done at another key technical area, to again try and break price down.

Then they lose


this is how it works.

First they troll you
Then they laugh at you
then they send in the FEDs
then you become insolvent.
1862  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 13, 2013, 10:21:11 PM
too many buys too fast. this will end in sadness.

Buy now or be left behind...

I suspect part of the problem will turn out to be that most people have already bought in at much lower than the current price.

Why is that a problem?
1863  Economy / Speculation / Re: If BTC rallies here, the media will equate it to the partial US shut-down. on: October 13, 2013, 08:50:21 PM
In terms of doing better that is always shares in the right upstarting company, and in terms of security well, living in a self reliant community.
Both are unrelated, and there is no substitute or inbetween them because it is possible to have both at once.

Bitcoin is neither.
1864  Economy / Speculation / Re: If BTC rallies here, the media will equate it to the partial US shut-down. on: October 13, 2013, 08:43:15 PM
The safe haven thing is bullshit and you all know it.

"safe?"  obvious bs.  best bet among current options?  quite possibly.

"quite possibly" is too.
1865  Economy / Speculation / Re: If BTC rallies here, the media will equate it to the partial US shut-down. on: October 13, 2013, 08:07:43 PM
The safe haven thing is bullshit and you all know it.
1866  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 13, 2013, 05:03:44 PM


hey





scat porn
1867  Economy / Speculation / Re: 600k, 27k FBI seizure theories on: October 13, 2013, 01:58:32 PM
They caught the founder. They didn't catch the bloke who took over in mid 2011 (The guy in the Forbes interview).

Even if they didn't sell any coins they profited, the bloke who got caught wouldn't have the 600k.
You don't know that.

so... bullshit
1868  Economy / Speculation / Re: Crash is inevitable on MtGox (soon) on: October 12, 2013, 04:33:02 PM
What makes you think mtgox withdraws gonna resume?
1869  Economy / Speculation / Re: Bearish Scenario on: October 11, 2013, 09:43:37 PM
It feels more like taking candy from a spoiled brat.
1870  Economy / Speculation / Re: Bearish Scenario on: October 11, 2013, 09:32:50 PM
To answer your question, I don't really care about if there is a rally or not, I buy and sell regardless, but just when I am fairly certain I can exit at any point. I don't give a shit about buying too high or selling too low as long as there is something in for me.
Because one thing I am certain of: Bitcoin will remain ultra volitale as long it'll last. I stay in Dollars most of the time and haven't had a single bad trade since I adopted this strategy.
1871  Economy / Speculation / Re: Bearish Scenario on: October 11, 2013, 09:24:03 PM
Nah I'm just disillusioned about the whole thing. Pirateat40 was sort of the tipping point for me.

Oh and what rally?
1872  Economy / Speculation / Re: bullish news ? on: October 11, 2013, 08:10:22 PM
anyway thanks for not spreading false rumors, perhaps there is some hope left after all Smiley

i don´t think anyone believed purchasing goods with btc will make it 19% cheaper since the vat on the goods is magically lifted because of the use of btc.


but there you go...
In Spain we don't have an official position that I know of but it is arguable that you buying something with BTC frees you from paying VAT, since you are effectively bartering and the coins already paid their VAT when they were mined (supposedly).

Effectively, this is what Germany has made official in their jurisdiction.
1873  Economy / Speculation / Re: Bye bye bitcoin on: October 11, 2013, 05:35:29 PM
Hey guys I just came up with this poem, and I think here is as good a place as any to post it.

First they troll you,
then they laugh at you,
then they send in the FEDs..
and then you go bankrupt.

have fun! Grin
1874  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 11, 2013, 02:24:36 PM
Midas - Everything he touched would turn to gold

Midas (Gox edition) - Everything he touched would turn to shit.

Well shit has a few stray calories left, and pigs eat it when they are starving.... so that's not too bad at all! Cheesy
1875  Economy / Speculation / Re: bullish news ? on: October 11, 2013, 02:12:51 PM
Then learn German dammit.
1876  Economy / Speculation / Re: bullish news ? on: October 11, 2013, 02:04:31 PM
"Die bloße Entgeltentrichtung ist keine Lieferung oder sonstige Leistung im Sinne des Paragraf 1 Absatz 1 Umsatzsteuergesetz"

"The payment processing itself is no good or other service according to article 1 section 1 Umsatzsteuergesetz"

That means essentially you don't have to pay VAT on the transaction fees, or generated Bitcoins but you of course have to pay VAT for the good or service you are offering.
Oh and Adam, please don't paste any auto-translated texts.
1877  Economy / Speculation / Re: bullish news ? on: October 11, 2013, 01:45:10 PM
Well I am right, aren't I?

You gonna correct the false claims in OP after several people pointed the error to you already?
1878  Economy / Speculation / Re: bullish news ? on: October 11, 2013, 01:25:39 PM
Misleading as usual, what that means is using Bitcoin as a payment service doesn't generate additional taxes vs. using Euro.

But I'm pretty sure the zealots will soon tout "If you use Bitcoin you don't have to pay taxes!!"  Roll Eyes
1879  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 11, 2013, 10:19:39 AM
WE WANT WORKING WITHDRAWALS  Angry

Aww how cute. <3
1880  Economy / Speculation / Re: 600k, 27k FBI seizure theories on: October 11, 2013, 07:27:18 AM
They gonna auction them off, like anything else they confiscate which isn't cash.

The 600k would either be traded by DPR with the curt for a deal or if not he'd be the first prisoner with $80mil onin his head, I can't wait to see how that would turn out.
Every outcome would be hilarious.

If the 80 M become 8 billions or maybe 80 billions (USD), I suppose this is enough to pay the POTUS and the concerned Governnors to pardon him for 1 B. Or promise 1 B for the individual(s) freeing him from jail and moving him on a safe harbour (just to continue the "pirate" narrative).

Unlikely, but cooperation with the prosecutor can go a long way. Possibly between an effective lifetime sentence or a "mere" decade behind bars.
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