What about CampBX? Do they not look legitimate? Their price has been low, and liquidity pretty small, I even wonder how/why are they continuing this business, it doesn't seem profitable at all.
The reason for the price difference on BX is because Dwolla pulled their business recently. Now there is no easy way to get large sums of fiat there other than postal money orders through snail mail. When they start ACH bank transfers later this month the gap will close quickly. I think the US post office limits postal money orders to US$1000, though I suppose you could cram a bunch in an envelope, and send it certified/registered mail... |
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Gox made it back up to coinbase level now.
Rather Coinbase came back down to Mt Gox. They were over $281 at one point. Someone probably sold some coins to them ^.^ |
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What about CampBX? Do they not look legitimate? Their price has been low, and liquidity pretty small, I even wonder how/why are they continuing this business, it doesn't seem profitable at all.
It is a bit difficult to get fiat in to CampBX, and there are max account sizes. I don't know why. Possibly the engine is not mature, there are lots of limits there. CoinMKT.com is about the same price, slower site for some browsers but you can do a lot more, and it also has a good number of Alt coins.. |
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Coinbase $8 over gox... gox finally run out of fiat?
I also withdrew a 3 digit amount of BTC from gox. the amount was reduced from my account but it was never sent out on the blockchain. If anyone has any information about this please PM me I am kind of bugging out.
No fiat, no coins? Blitz might be right: Emptygox! Gox made it back up to coinbase level now. |
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...
The US currently is the largest state holder of Bitcoin. Maybe that will infect it with some needed sanity? Hope for change springs eternal.
I think I'm hearing a giant sucking sound as BTC move to China. I could be wrong though. Anyway, I am actually actively looking for countries which, if not embrace, are at least not actively hostile to Bitcoin. Such countries will likely enjoy my attention as a tourist destination and possibly more should the values continue to rise. I doubt that there are enough BTC holders to make it worthwhile for a country to adjust their policies for persons such as me, though a cycle might evolve where it is worthwhile to do so. OTOH, until and unless the makeup of those who tend to end up with BTC jingling in their pocket changes, it may be a mixed blessing to entertain such guests. By state holder, I am referring to the government itself, not individual humans. I was thinking the buying in China is not the government but individuals, but who can say? I would think it to be too small for a government to be engaged. I suspect like other governments, it is accustomed to currency transactions in many millions or billions, not thousands. |
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Wetware.
At a low enough level, all software is really hardware.
And a many orders of magnitude lower than that, it might be all software.
I agree software is all really hardware. If there is a magnitude (or magnitudes) lower that would still be hardware at the very bottom. Right? All I have down there is a haze of probabilities, so who knows? |
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Wetware.
At a low enough level, all software is really hardware.
And a many orders of magnitude lower than that, it might be all software.
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Meanwhile on that other exchange that is hitting a new high today... S&P500 is "tooo bullll"  |
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Senate wants to stop Bitcoin? BitcoinChina don't give a fuck!
Nah just want to make sure they get a good cut (taxes). Capital gains mainly. And FBAR for the folks storing coins overseas that think they are anonymous in the land of the NSA. |
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$281.18 Coinbase
Now why is coinbase much higher than anyone else? Buying pressure there than anywhere else + low liquidity order book. And because they are getting it... Its the easiest KYC for the USA folks for small transactions. |
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We're going to be doing something more robust and P2P, based on OpenTransactions.
Excellent, that is even better. I've been hoping to see more implementation of those tools. This is pretty exciting, and I hope to at minimum stay informed if not assist. |
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What do you think about founding a (or better more than one) Bitcoin Arbitration Court?
- An arbitration court is easy to incorporate (as a non-profit foundation) and you won't need a license to operate an arbitration court
- Thanks to the New York Convention (The Convention on the Recognition and Enforcement of Foreign Arbitral Awards) arbitral awards are recognized and enforceable in 146 countries.
- Arbitration courts are independent from any national legislation
International arbitration is an increasingly popular means of alternative dispute resolution for cross-border commercial transactions. The primary advantage of international arbitration over court litigation is enforceability: an international arbitration award is enforceable in most countries in the world. Other advantages of international arbitration include the ability to select a neutral forum to resolve disputes, that arbitration awards are final and not ordinarily subject to appeal, the ability to choose flexible procedures for the arbitration, and confidentiality.
I think this could be one of the biggest benefits to the current Bitcoin 'world'. Enforcing said rulings however, may be a problem. This requires the access of personal information for starters, which currently a large portion of Bitcoin users do not want/like to do. Also, what sort of rulings would the Court make that could be enforceable worldwide? Would this mean that the Court then has to be open and co operative with Interpol, FBI et al? Lastly, in keeping with the honesty and openness of the Bitcoin protocol as well as the community, it appears to me that confidentiality would not be able to be maintained with regards to each ruling? These can be pre-negotiate items in a standard checklist. Much of this can be enforced through the bitcoin protocol. https://en.bitcoin.it/wiki/Contracts#Example_2:_Escrow_and_dispute_mediationIf your project releases an enhanced client that incorporates these, you have an easy win. |
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Coinbase = 274
MtGox = 266.5
Easy exit from gox, buy coins and arbitrage selling on coinbase.
wow it's true. as of now it can't be said that price rise is only cos of money being stuck at god. maybe i can take walsoraj off ignore now They will only sell 50 coins a day anyway, but even so, it is a couple free coins a day for a few clicks, if you have the accounts. |
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Coinbase = 274
MtGox = 266.5
Easy exit from gox, buy coins and arbitrage selling on coinbase.
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This is fantastic news for Bitcoin. I predict that they won't recommend any restrictions that would seriously hamper the use of Bitcoins in the US. They will just reinforce the AML and other laws that are already on the books. The ponzi scheme and silk road bust are proof enough that law enforcement can still do its job in bitcoin-related crimes.
I'm curious to see if the Fed will testify though...
yup Janet Yellen or the Bernanke Unlikely. They are running a confidence game. Fear shows a lack of confidence. They will operate behind the scenes, as they are. |
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USA is the country that waisted the greatest material and intellectual resources of all humankind's history combined to achieve the impossible materialistic dream and imposed it to the rest of the world which will probably cause the end of humankind as we know it.
Apart from that, US is cool. I want to go there one day.
Nothing wrong with pragmatism. A lot of people I know were delighted to move here, and sometimes permanently, yet still held a critical eye to some of the ways and means of our nation. A country which can arrange a decent place to live can 'high-grade' people from all around the world. With good leadership, the advantage this confers can perpetuate the phenomenon. I think the US 'had it goin' on' for a period of time and benefited hugely, but we are 'losing it' in a variety of ways. Oh well. The pages turn in every book. "Ways and means" = subtle humor? (its the name of the US congressional committee that taxes, and spends on entitlements) The bankers have had their way with the USA for a handful generations now. The US glory days were the interbank period which began its decline 100 years ago. Those days with stable money and low taxes are beyond the memory of those that live. The time since has been momentum and milking the laurels upon which the US now rests. Bitcoin provides us the vain hope this time may come again, but worldwide, rather than constrained by national borders and tied to a national identity. It is, for the good of all. For the patriotic of all the worlds nations, there is some hope that those that govern whatever place you hold dear through your own experiences there, may recognize Bitcoin's merits and not crush it, like a sleeping giant rolling over in its slumber smothering an infant. The US currently is the largest state holder of Bitcoin. Maybe that will infect it with some needed sanity? Hope for change springs eternal. |
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love that wall nibbling on gox at 260.. one big seller.. many smaller buyers... coin-redistribution into more hands = more stability in the long term  That, and maybe a little tape painting so that we hit the new high on Nov 5 Remember remember the 5th of November... The anonymous collective loves you. |
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the cautious atmosphere in here affirms my belief that we'll go to $450 and beyond over the next weeks.
Well I wouldn't say it's precisely cautious, there's lots of excitement, gif animated rockets, it's happening and all that. However people aren't getting loans to enter (yet!) so that's a bullish signal. Did I mention that I had a call today via localbitcoins from a guy who had sold his car in order to buy? For heavens sake, please give him the usual caveat of 'what your prepared to loose' etc Seems he was prepared to lose his car. Problem was he wanted cheap coins. I did explain to him that cheap coins in this market might not be as good as fast coins, which is what I could give him with localbitcoins. I offered him what I could get from the exchange plus a two percent and some hor d'erves at the local French restaurant while we wait for confirmations, but he passed. About an hour later, the price with much higher. We all have to get our lessons where they come, I figure. By the time he had the confirmations, he would have been in the money. We exchanged numbers, so I may call him back just to see how it went.  |
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