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2721  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 04:21:03 PM
Malaysia, Cambodia, Indonesia

Right now Molucca - Ambon

 Cool

I have nothing to do with the missing plane altough i flought with the same airline.

Nice, I like Cambodia but always seem to find myself drawn to Laos the few times Ive been to SEA.
2722  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 04:13:22 PM
Btw while btc is bleeding in the street - love these posts by people who sold off to bagholders flashing cash and mansions.

So much for the dream between you guys and karplese I don't know who to thank more ;-)

Why? If Fonzie is in indonesia which I think he is then what hes holding is worth aless than £100. But also if he is LTCVictim then he has a shit load of cash from LTC not BTC? Also if your referring to Risto in regards to the mansion he had made a lot of money from precious metals prior to BTC and its not as impressive pre photoshop  Wink
2723  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 04:09:12 PM
Greetings from my latest journey to S-E-Asia.
A full Bitcoin sponsored trip(shorting profits  Cheesy)stuffed with a huge package of Acid bought with BTC.   Cheesy
I just wanted to let you know that i“m still bullish about BTC after i talked to the local bulls over here,
altough it might take a few days until they will fully attack.





If you could please pump it to about 900$ that would be awesome

See you soon Cool

Indonesia??
2724  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 04:05:41 PM
My understanding was the fund was constructed in the way Jorge describes where the investment fund can 'buy' the shares off its investors. This means that If the fund has the capital they can pay it from their fiat reserves but if not they would have to sell some BTC. May be wrong as others seem to think its more of BIT stock.
2725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 03:30:28 PM
Wall that was propping up $610 ish has been removed
2726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 03:24:49 PM
http://online.wsj.com/news/articles/SB10001424052702303563304579447020246651110

Quote
The Treasury Department will come after the many digital currency exchanges and administrators that haven't registered with the Financial Crimes Enforcement Network, the Department's top official for terrorism and financial intelligence said Tuesday.
Goodbye, Bitstamp and BTC-E.

AFAIK Bitstamp and BTC-E neither operate nor have any bank account in US
What does it matter? They serve US customers without following the regulations, and the US has global power.

c. De-Centralized Virtual Currencies

            A final type of convertible virtual currency activity involves a de-centralized convertible virtual currency (1) that has no central repository and no single administrator, and (2) that persons may obtain by their own computing or manufacturing effort.

            A person that creates units of this convertible virtual currency and uses it to purchase real or virtual goods and services is a user of the convertible virtual currency and not subject to regulation as a money transmitter. By contrast, a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter. In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.


Doesn't this imply that anyone who sells a cryptocurrency for fiat is a money transmitter? So not just the exchanges but anyone who sells bitcoin for cash?


Pretty much. Cassius was having trouble with his physical coins due to money transmitter laws. Im sure they stopped him at least at the time if I remember correctly?
2727  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 02:40:36 PM



It is just a matter of time before we are back in the black.... anywhere between a day and 2 months... - hopefully, it will NOT take 2 months to get back in the black, though....  Huh

What does that even mean... 

it means he bought in at X price and hopes to be back to about even in  up to 2 month

Yeah I skimmed over and read it wrong.
I wouldnt worry about having your average at $685  we'll be back there before two months, its the people waiting to break even on their $1200 coins that may have to wait a while.
2728  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 02:36:19 PM
Just wished Id put more than the 20 BTC into ltc a few weeks ago. That would have paid for a nice summer holiday...
2729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 02:35:08 PM



It is just a matter of time before we are back in the black.... anywhere between a day and 2 months... - hopefully, it will NOT take 2 months to get back in the black, though....  Huh

What does that even mean... 
2730  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 12:08:00 PM
That bid side is starting to look super thin. I dont think theres enough panic to send it too far down through it though.

we are heading to 400$

I don't mind that, Im not a perma bull and Ive been saying were in for a drop for a week or so while several people have called it bullshit and meaningless analysis.
2731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 12:07:10 PM
Block 291159: 260000 BTC  Huh

http://blockexplorer.com/

Thats huge, any spike in bitcoin days destroyed though?
2732  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 12:00:26 PM
That bid side is starting to look super thin. I dont think theres enough panic to send it too far down through it though.
2733  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 11:37:43 AM
Timberrrrr...  Lets see if the $600 support holds.
2734  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 11:32:01 AM
Almost 100000 BTC moved in the last 3 hours
http://blockexplorer.com/



Nice, it's seems btc growing up in force!

You wont think that if a large amount are heading for an exchange  Grin
2735  Economy / Speculation / Re: The Bitcoin Speculators Club Is Here ... on: March 18, 2014, 10:37:01 AM
Im in,
By your criteria I guessed Id be a speculator.

Id consider myself abit of a holder as well as I'd rather hold BTC with the price going down than $ with the price going up. One of the most important things ive learnt about trading BTC is knowing when to cut your losses.
2736  Economy / Speculation / Re: Why do people still think we can make it past 1000 anytime soon? on: March 18, 2014, 10:28:39 AM
Because Bitcoin   Grin But no seriously, everyone is expecting it to. As soon as we start moving in a definate up direction a lot of people take their coins of the exchanges, stop trading and hodl as most know how easy it is to get burned on a BTC bull run. Then with much less coins for sale the price invariably goes upwards panic buying ensues and que 2014 bubble.
2737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 10:24:21 AM
Has blockchain.info been down for a long time?

Yes its been down for a few hours due to a database issue.
2738  Other / Beginners & Help / Re: QUICK REPLY NEEDED - Anyone recommend me a safe/Reliable BTC wallet ?? on: March 18, 2014, 10:15:38 AM
As said paper wallets are the safest and best for long term storage.

For a semi hot wallet something like Armory or Electrum where you can sign transactions offline so the private keys never touch the internet.

For just a general hot wallet I'd recommend Multibit.
2739  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2014, 10:12:24 AM
Total bid sum on stamp down to just over $11m Weve been loosing about a million a day off the books for the last week. I know its not represantative of much but it gives a general idea of how many people are placing bids to stop the drops.
2740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2014, 05:02:56 PM
Could we make the polls a little bit more serious ?
That is, leave "yes", "no" and "idk" but remove the moronic all caps options ?

poll? serious? you must be joking  Grin
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