this really sounds like a dream become true. Someone please wake me up and tell me where is the catch  The only catch is commission you pay by the time you BTC land on your debit card. WMX -> WMZ = 0,8% (standard) WMZ -> card = 0,8% (standard) + 0,6% see here: https://cards.wmtransfer.com/en/products/tariff/anycard2,2% total. Is that a lot? Thats amazing if you can hold bitcoins up to the minute when you purchase. |
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That said, on topic- The conference is probably going to stoke some enthusiasm, however I hope that we don't see any insane price explosion that then becomes unsustainable.
Bitcoin: Came for the decentralized currency, stayed for the insane, unsustainable explosions |
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Anyone having issues accessing Gox?
im getting:
The server at mtgox.com can't be found, because the DNS lookup failed
loaded fine for me |
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a new autonomous region that is going to come into existence by the end of this year.
I didn't think SeaSteading was far enough along to come into existence by the end of this year. Perhaps that points to a terrestrial "free enterprise zone" agreement with an existing nation? not sure when blueseed is going to launch, but seems like a damn good fit as well. |
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Ah the delusions.  Much easier time dropping to 116 than there is of breaking through 120. Or maybe....we're still in "rally warm-up". LOL!  Feels good man |
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Soon: 4% fee on bitpay  No more advantage over PayPal They have stated publicly that their fees will only go down over time and have already made good on the promise once so far. Lol and what are you going to do when they are well established and start raising the fees? Cry they lied to you? They lose alot of customers to the next in line (and there will be plenty soon enough). |
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Thanks for the update - I'll be following as well
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Hm? It seems like we are still exactly on that Jan-March trendline. It went above it for a while so it has to go below it for a while to wash out all the bubble-related sentiment anomalies. Anything else would be strange. If we were back on the trendline right now I'd say that is not following the trend but instead above it (on average). To follow the trend long term, we have to be a bit below it short term, since we spent some time way above it. Sentiment rebalancing. Can you feel it?
I suspect we'll be climbing upward to meet that trendline again in the next few weeks. (I correctly predicted a several-week sideways slide about two weeks ago. Now that it's consolidated, it'll soon be ready to move up again.)
I'm siding with Mr. Humperdink on this one. I don't see any divergence at all really. Just because we are on one side of the curve doesnt mean its invalidated. |
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Soon: 4% fee on bitpay No more advantage over PayPal They have stated publicly that their fees will only go down over time and have already made good on the promise once so far. |
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Interesting weekend ahead with the ask\bid spread being so far apart...
Indeed - especially as the bitcoin conference starts today... |
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However in this instance I think we could see negative repercussions of the Dwolla/mtgox episode rumble on for some time yet.
Its clear that the dwolla mtgox episode will affect the market for some time, but I'm curious what makes you think it will be negative? In the short term, I believe it will push the price up and in the long term provide a new price discovery mechanism (at the moment unknown what exactly that will be) along with much needed diversity on the exchanges. |
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I expect price spike on this event because many WebMoney exchanges now will start buying BTC to offer WMX for their customers.
What do you mean? |
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I just put my no touchy USD in, couldnt stand it after the news of Peter Thiel and Webmoney.
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why do people use gox anyway?
liquidity. |
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Gox www lagging hard/API unresponsive/broken for anyone else?
MtGox appears to be down. Again. I just got in - and a new buying selling UI is there (dont get too excited) edit: derp - nevermind, looks like the page just loaded in a fugly way - went to refresh it and got a 502. |
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Ripple focuses on credit, bitcoin focuses of assets, they are not really competing. What is good for Ripple is good for Bitcoin because Ripple is complimentary to Bitcoin. Are you a Ripple/OpenCoin shill or did you just swallow their deception? I have noticed that this is their tactic for silently getting Bitcoiners to switch and then growing like a parasite side by side with its host to suck it dry. They downplay the role of XRP (Ripples) as mere "tokens" and "not a currency" while it is the only asset in the Ripple system that is not subject to counterparty risk. Furthermore, OpenCoin holds 50% of Ripples hoping to make a profit off them (this is what they stated in public), partly to fund development. I presume the same goes for the VC investors in Ripple. Any Ripple adoption will threaten Bitcoin because the Ripple currency is the only one without counterparty risk within the Ripple system. All other currencies have to be held with gateways. Furthermore, Ripples are required for opening accounts and performing transactions. In the longer term, there is absolutely no reason to prefer Bitcoins to Ripples if used within Ripple. Ripples are not credit. They are an asset in its own right, with no counterparty risk and no inflation.Eh, wrong. They can and will be created at the whim of the opencoin foundation. Simply that possibility is the reason why ripple will never, ever be close to as valuable as bitcoin is. It may gain in value somewhat for its token functionality within Ripple, but power to them. They need to monetize their efforts somehow. |
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on a more constructive (kind of) note:
We have invalidated pretty much all trends / triangles we can draw and are smurfing along beyond the apex of the grand correction triangle.
What does this mean? Which TA constructs can be used now?
I feel lost.
Coiling - each and every time we go horizontal for awhile, at some point we go up. |
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