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2521  Economy / Speculation / Bitcoin Price Q1 2014 on: December 25, 2013, 10:23:57 PM
I dont know if this was brought up before but Just to remind everyone here about the senate hearing in USA, the senate was invited few days ago to bloomberg    http://www.bloomberg.com/video/thomas-carper-on-bitcoin-janet-yellen-max-baucus-i6WU~pUtSM~PJLE3YkpcXg.html

and he really had a positive comment about bitcoin, the final and official US statement will be next month, actually this what wall street is waiting for to start with bitcoin, although it was stated that many guys from wall street started buying bitcoins.  watch this video http://www.bloomberg.com/video/12-days-of-bitcoin-only-invest-what-you-can-lose-w~r_YpxmR3aALBFAV4akZg.html

Second Market Founder and CEO Barry Silbert which was in the video said that big investors are buying bitcoins out of the book order, this might explain the huge transaction that we had few days ago...


so my prediction is that in the Q1 of 2014 the price will skyrocket if the US statment will be positive which I think will be after hearing that interview of the senate, so people mark my words.
2522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2013, 10:20:31 PM
Just to remind everyone here about the senate hearing in USA, the senate was invited few days ago to bloomberg    http://www.bloomberg.com/video/thomas-carper-on-bitcoin-janet-yellen-max-baucus-i6WU~pUtSM~PJLE3YkpcXg.html

and he really had a positive comment about bitcoin, the final and official US statement will be next month, actually this what wall street is waiting for to start with bitcoin, although it was stated that many guys from wall street started buying bitcoins.  watch this video http://www.bloomberg.com/video/12-days-of-bitcoin-only-invest-what-you-can-lose-w~r_YpxmR3aALBFAV4akZg.html

Second Market Founder and CEO Barry Silbert which was in the video said that big investors are buying bitcoins out of the book order, this might explain the huge transaction that we had few days ago...


so my prediction is that in the Q1 of 2014 the price will skyrocket if the US statment will be positive which I think will be after hearing that interview of the senate, so people mark my words.
2523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2013, 12:01:14 PM
so how come that LTC went up today ? any news or just a pump ?
2524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 11:43:33 PM
Chart buddy, please, take a break.  It's Christmas.  I don't want to put you on ignore for Christmas.

BTW it is a bot posting Smiley
2525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 08:35:28 PM
this is by far the slowest bitcoin crash in recorded history

Following my calculations we will find the bottom at 325 in the year 2024 ;-)

So, patience please!

did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious !
2526  Economy / Service Discussion / Re: Blockchain.info has a big announcement, what would it be ? on: December 24, 2013, 03:04:45 PM
Blockchain.info Acquires Bitcoin Price App ZeroBlock
http://www.coindesk.com/blockchain-info-acquires-bitcoin-price-app-zeroblock/

this is the news?

yes I think it is, this is huge ? how can be this huge news ?
2527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 02:13:40 PM
Slovenia releases a statement  Wink Actually good news.

http://www.reddit.com/r/Bitcoin/comments/1tlr02/slovenia_releases_a_statement_about_taxing_of/

Also offical statement (in Slovene).
deleted

this is something new, although i called DURS Kranj sometime ago (when the price was at 100 and I wanted cash some of my profits) and the lady already knew about bitcoin, in fact when I told her that the price was around 100 she was really surprised she told me that she remember when it was $1 and she asked me why the price went up.

long story short at the time she said there is no regulation around Bitcoin from Slovene government and she told me if I cash out I wont pay any taxes I just have to prove the source of my funds, then I asked her what if I did mine some of my bitcoins she asked me what was mining and I explained to her how the bitcoins are generated so she replied with a very interesting answer.

this was the answer:
a- "so miners are doing an effort and they get Bitcoins as compensation for their work, which they can sell for cash to cover their bills and take some profit" this from a legal point of view is undeclared work wich is illegal and the miners have to pay a fine for it and pay taxes for the income.

b- you invest some cash into Bitcoin (buy) than you daily trade or simple hold and after sometime you make a profit that you would like to cash out in this case you do not have to pay taxes because in a similar case when buying Dollars with euros or euros with Yuan or gold for Euros ....  if the price of dollars against Euros goes up and you decide to convert back to euros you do not have to pay taxes for the profit you made.


c- if you are a merchant accepting bitcoin as a payment method, you will be taxed the same way as you do with fiat, the taxes would be based on bitcoin price at the time of the deal/service.


Slovenia for the first time have a clear statement about bitcoin, this is a real open minded statement from the government and I understand it as an endorsement and I think it helps the bitcoin economy.
2528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 01:00:37 PM
so here bears you need another 15K bitcoin to move the price down to 550  Cheesy 

we have them.

dump them what are you waiting for ?

for the order book to get filled.

btw, trendline is not broken on gox


and BTW people waiting for $450 well you just need another 35K bitcoin so show me what you've got I would love to see you left behind Wink
2529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 12:55:20 PM
so here bears you need another 15K bitcoin to move the price down to 550  Cheesy 

we have them.

dump them what are you waiting for ?
2530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 12:52:15 PM
1900 Bitcoin was dumped to move the price down only $30, well that is sad for the bears, and BTW I thought it is worth to mention that a dump @ gox = manipulation aka someone trying to move the price down to buy cheaper because who the fuck sells @ gox for fiat ? someone willing to wait 3 months for the cash?

so here bears you need another 15K bitcoin to move the price down to 550  Cheesy 
2531  Economy / Service Discussion / Re: Blockchain.info has a big announcement, what would it be ? on: December 24, 2013, 11:38:17 AM
tomorrow we will find out, it better be something big because they stated "huge announcement"
2532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2013, 11:36:44 AM
I am really curious about the price going down after this stability !!! for sure there is no volume yet to move the price, but I like the stability.....

on the other hand  I know allot of you are waiting for a drop to buy in, which makes it even harder to happen..... 
2533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2013, 01:18:43 PM
you know why I bought back at a loss ?  so many people waiting for BTC to go down, so many cash waiting to buy in back, even if the price drop I think it will be at a max of $100 than the race of buying back will start and will bring us back to $800.

I just hope you didn't go all fiat otherwise you will have a bad time catching up.
2534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2013, 03:05:38 PM
I am tired of trying to catch the tops and lows Sad , I am all back in BTC, I lost 10% of my stash, but I made allot of profit the last couple of weeks, I am going to stop trading and hold and will not risk again so I wont lose all the profit I made so far.

I was thinking about to cash but then "again" decided to buy back and with for the long term.
2535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2013, 11:23:34 AM
Sell at 650, and buy back at 450 => 44% more coins.
Sell at 650, and stop-loss buy at 1170 => 44% less coins.

So if you estimate that the pullback has any greater than 50% probability to happen, you should sell a part of your holdings. Simple as that.

don't listen to that guy, if you are not a good trader the best move you can do is to hold, 90% if his calls were false or were intended to be false, but I doubt that they were intended .. he just doesn't have a clue and pretend to be the "Pro trader".

there is speculation and there is misinformation, and the way he post his "predictions" is not in speculative mode but like in informing mode.
2536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2013, 10:55:58 AM
forum under DDOS ? I get the 502 error !!!!

holy yes I think it is, I get the bad gateway error few time before getting to the page, something is going on  Shocked  BUY BUY BUY
2537  Economy / Computer hardware / Re: WTS: UK Dual Xeon E5-2687W 64Gb ECC DDR3, 8Tb Seagate 5yr wrnty, Noctua etc etc on: December 22, 2013, 10:00:33 AM
I will upload some photo's today.

Your offer of 2400euro = £700 off the asking price, that is too much of a reduction in price.

So, either my counter offer is to remove the hard disks or the price is 3200euro + shipping (which equates to a £2679 GBP sale price). Otherwise, no deal. I am not going to loose so much money, I'm not desperate for the cash and if I were, I would sell the components individually.

Alternatively, the price is 7BTC based on this mornings BTC-e pricing (1btc/635USD) + shipping.

ok no problem, you can take the disks, I have few disks my self that I will be using, just take the pics and list it on ebay calculate the cost of shipping and send the link and I will buy it over there....
2538  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2013, 09:53:16 AM
so what if i pump the Price? will you follow and buy after me making my coins more valuable ?  Grin


or maybe I should dump and use the cash to buy even cheaper  Cheesy
2539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2013, 08:52:48 AM
people giving up on waiting for the dump

I still didnt give up, I have orders all the way to 400 Wink
2540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2013, 08:51:50 AM
Are there any sources where we can see a comparison of the volume on the different exchanges? (in %)

http://www.cryptocoincharts.info/v2/markets/info     

BTC-e is calculated with all pairs, ok coin is a fake volume if the article I've read is true 
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