How does Gox need a US license to transfer money when they are in Japan.
just so: - mtgox doing business in Japan
- is Bitcoin curency or commodity???
These are just only questions for lawyers |
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Just wow, after what a few bears told us was bad news, we are basically back to yesterday's level. 116 Dollars now!
Yes and by EMA curves, it seems that the price is starting to recover quickly after a fall |
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I suspect that a lot of traders have set stop orders 95-105 and if we get there, it's just a lot of great fall ...
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Any speculation as to the DHS motion for a court order? Why only Mt Gox and not CampBX?
Because MtGox trades 60% of the world market. |
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It's not like anyone was trading anyway.
classic.mtgox.com response 502 Bad Gateway on mtgox.com not work orders |
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I didn't say anything about people walking away. Although if markets tank it's almost certain you will see people move out of risky investments and into safer things like gold.
My point, while apparently not clearly spelled out, was that the recent rise in bitcoin is simply from all the media attention. Yes, die hard bit coiners view Bitcoin as a store of wealth but the rest of real world market investors do not. They view it as a purely speculative and very high risk investment. Nothing more. Simply put, people are not going to run in masses to stash money in Bitcoin because people do not trust Bitcoin. That time may certainly come, but that time is not today.
fair point, yes my "walk away" quote refers to general discussion elsewhere.. I totally agree re media attention, and from my perspective the continued media attention and slowly turning positive spin may change this issue tomorrow  It very well could. Exposure brings people into learning about Bitcoin. As they learn more, they can either begin to embrace some of the principles or reject them. Either way, they move from simply looking for a huge ROI by taking a risk in something speculative and into a deeper connection to what Bitcoin really is. When this happens, it will be possible for Bitcoin to be viewed as a safe, store of value possibly even regarded safer than gold. It's all possible but there is still a loooong ways to go. So as not to get lost of the original point, I don't believe current world market conditions have much affect on Bitcoin at this time and thus is not a good indicator on whether Bitcoin prices rise or fall. Yes, any investors abandoned ship and chose money, if there was a genuine accident (technical problem, hack their investment, or a problem with the legality cryptoměny). But when the value of the Bitcoin almost half of the April highs, and around 800% appreciation for five months, it may be more new investors coming in than leaving. Bitcoin not only strengthened, not burst like a bubble ... He knows about him a lot more people will increase and the possibility of its use ... |
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Talk about no selling pressure. 2k BTC down to $110, and none of that 18k BTC between $113-$120 is interested? No one is in a rush to buy, no one is in a rush to sell. We've found a price everyone can disagree on.  everyone wants to buy cheap and sell high, but 110 is not enough cheap buy and 113 isn't sell high  I dunno what you are talking about, I personally prefer to buy high sell low - it keeps everyone else happy I do it sometimes too, but it on the account is missing then:( |
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Talk about no selling pressure. 2k BTC down to $110, and none of that 18k BTC between $113-$120 is interested? No one is in a rush to buy, no one is in a rush to sell. We've found a price everyone can disagree on. everyone wants to buy cheap and sell high, but 110 is not enough cheap buy and 113 isn't sell high |
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ok, if you buy and hold investor, you certainly know, that will buy BTC less than $ 110 and will sell for more than $ 112. And because a lot of investors they know, this is so boring this week;)
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today is quite "interesting" by TA: - yes, triangle is almost closed
- EMA 10 and EMA 20 are nearly coincide
- Today's price is almost the same as the SMA 200 (hourly)
But can begin rise but also fall ... |
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I prefer (for SEPA transfers) Bitstamp
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I assume that $ 120 - $ 140
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I think we saw bitcoin under 100$ in the last time in history.
I think you can kiss your forecasting career goodbye. Stay with your dayjob and if you make a prediction, at least be realistic. As this month has been a lot of days with Bitcoin for less than $ 100, and even more days for $ 120 more, I think that we can look forward to in the future too. And certainly we also read headlines like: "never double-digit" or "soon to be single-digit" In April, the Bitcoin was 13 days cheaper than $ 100, 14 days cost more than $ 120 and only 4 days for the price from 100 to 120 USD ... |
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