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1481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2014, 03:40:54 AM
Did Willy went bed?
I have been waiting for her for 20 minutes

Sir, looks like you're sleeping alone tonight.
1482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2014, 02:47:07 AM
Come on. Sell already. I freed Willy!  Tongue
1483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2014, 02:43:31 AM
Willy died, and at the same time, I got 502 Bad Gateway from bitcointalk.  So, the only possible conclusion is: Willy is run by bitcointalk.org. Smiley

Come on there's a nice succellent, delicious buy order at 182 buy order @ $963.... no slippage!  Grin
1484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2014, 02:38:29 AM
Willy is dead.


Mass Panic Sell in 3 - 2 - 1!
1485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2014, 02:36:06 AM
*psst* Willy, you there?  Tongue
1486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 10:49:10 PM
Okay. There is Willy on the side of Gox, buying all the coins and even does not care for nothing more than buying no matter which price. That's one reason for the existing big price differences between the exchanges.

But to ask another time:

What the fuck is going on with stamp?

There are popping up of sell offers for hundreds of Coins, even below the price of BTC-E and Huobi, what is really abnormal. And it seems like there is no motivation to close the gap to BTC-E and Huobi.

Any idea?

Anyone have historical trade data on Mtgox for the last month? I'm especially interested in Willy's behavior from the start of Christmas and the exact time he restarted this time around.
1487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 08:06:31 AM
so gox bux is becoming worthless, $150 between gox and all exchanges.... and most of the action is happening there...

Pretty much. Willy is dominating the market. How long is this going to last? Anyone know? How long did it last last time?

somebody got an ass load of fiat they trying to get out.   That should tell you something.  i wonder if gox shuts it's doors if the price will move much on the other exchanges.  many see it coming already, apparently.

Well I suppose this bot is cheaper then a 8000 market order.
1488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 07:47:04 AM
so gox bux is becoming worthless, $150 between gox and all exchanges.... and most of the action is happening there...

Pretty much. Willy is dominating the market. How long is this going to last? Anyone know? How long did it last last time?
1489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2014, 06:43:05 PM
You might consider that this Bot is probably buying his own coins/asks. Since the asks gets pushed lower every time a normal user(if there should be any left there) are putting a ask order in between. Without this Bot volume would go down about 80% more. Putting Gox in a league with Cryptsy - Kraken, lol.

I still trade on Gox among others I know, it's been a pretty flawless service besides April.

100% to increase my btc holdings mind you, but I think there's still a few who have faith.

Besides, with a 10% increase in price, if you don't mind waiting a few weeks (if you think the price will slowly decline down for example) it's a smart move to buy on another exchange and withdraw from Gox, easy arbitrage.



Huobi is looking dangerous.. Undecided

Mtgox has no verified USD withdrawals since Sept 2013. Even EU withdrawals is like once a month for a small amount.
1490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2014, 10:43:23 PM
I understand that eBay will allow buy/sell cryptocoins ads, but will not use Bitcoin themselves.

How much will it cost to place an ad in that section?

That Classified Ads section will probably be a very slow and very inefficient cryptocoin exchange.  

Is there trade in other commodities going through eBay?

[edited for typos]

People have been selling bitcoin there already, I know someone who bought some there as Xmas presents (& yes they were at a ridiculous price, but quick and easy).

Buying is quick and easy if you want to pay more. Selling is not. Canceled auctions, Canceled PayPal accounts, chargebacks. It's not much fun that's why there's a huge premium on every auction there.
1491  Bitcoin / Bitcoin Discussion / Re: Ebay UK annouces new policy for virtual currencies on: January 19, 2014, 10:39:21 PM
I didn't have one successful auction on eBay because the highest bidders could not pass my very simple verification process. I was only selling $10 to $50 BTC worth at the time. I lost money from all the final value credit refund fees that never covered the auction cost.
Classifieds don't use the payment or feedback system. It's just like Craigslist.

your right ebay dont ouse the feedback system or the payment process, after paying the much higher fee to do the clasified add, i realizeds there was not buy it now or any payment button of any kind . nowhere for a buyer to make obvious contact either.

so irevised the add and put my email address in the discription so buyers could make paypal payment but unfortunately email address are not allowed in the add . so it looks like your screwed anyway lol .

the only way i got to get around that was to enter my email address without the  @ and . symbols but it is now going to be a very hard sell using classifieds unless you can put your website address in the add and sell from there but i dont think thats allowed ither.

they say ebay will contact you with buyers details but what the buyer clicks to indicate that in the advert i couldnt tell .

i have had much success selling on ebay with very few scams due to the fact that i have been getting the free listings for starting at less than a $1
in auction format and listing high amounts and multiple lots of devcoin which sell easy for $2 per thousand .

thats a masive mark up and profit but not worth the time of a scammer selling lots and lots of devcion to many people then turn it into bitcoin on vircurex is the way to go . give it a try because i have brought in almost $1,000 in less than a month  not all profit of course but very few scammers to bother me .

because devcoin is the longest running crypto next to bitcoin and not just another copy of bitcoin with a purpose behind it.
 it is attracting lots of well educated writers and developers . 
 many people are earning it now for writing articles on devtome.com where all the others are just trading it back and forth.
it is so cheap at the moment it makes sense to get some and if goes down you havnt lost much!
 but if it goes up just a little even a few cents on the dollar you will be laughing all the way to the bank . check it out and try selling on ebay while you still can do it in coins other world coins , do 1 listing holding mulitiple lots of 50-100  sell 100- 1500 DVC per lot no higher  you will make a profit with all lots sold  untill the listing is removed and fees refunded .   
   hope this helps anyone who is selling on ebay . jasont

Thanks for the advice. That does make sense that less known coins would have less scammers. However I don't like the fact that the listing is removed and fees refunded. I feel like that would be a strike against my record and eventually banned.
1492  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2014, 09:30:44 PM
Without -at least basic- legal regulation, expect nothing more than "good will" from ebay/Paypal. They're not fools. They know what's at stake. They hesitate only about the regulating part. I expect more from the Winklevoss ETF, which will be (at very best) online at about a couple of weeks from now. After that forget China. Big boys will take over...

Remember: Only the beginning is difficult. Wink

I'm more curious whether they will set up escrow in their virtual auction category. If they do that and waive all chargeback fees against the seller, we could have a real awesome exchange. Somehow I doubt it though.
1493  Bitcoin / Bitcoin Discussion / Re: Ebay UK annouces new policy for virtual currencies on: January 18, 2014, 09:03:09 AM
I didn't have one successful auction on eBay because the highest bidders could not pass my very simple verification process. I was only selling $10 to $50 BTC worth at the time. I lost money from all the final value credit refund fees that never covered the auction cost.

What was your verification process?

Send me an email from their PayPal email with a specific message. But since every single winner was using a hacked eBay and PayPal account, they could not. Most just sent a BTC address using the eBay message system or PayPal note after paying and ignored my instructions. I made sure each eBay account had decent feedback so if they won (and wasn't hacked,) most likely I wouldn't get scammed for $10 to $50. I had plenty of safeguards in place because I knew about the scammers. I didn't think I'd get many legit sales so it was more of an experiment since BTC were selling at a premium on eBay.
1494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2014, 05:18:06 AM
why so silent


The bears have nothing to say.  They are going back to hibernation.

Yes... until the next FUD...  Grin
1495  Bitcoin / Bitcoin Discussion / Re: Ebay UK annouces new policy for virtual currencies on: January 18, 2014, 12:46:26 AM
I didn't have one successful auction on eBay because the highest bidders could not pass my very simple verification process. I was only selling $10 to $50 BTC worth at the time. I lost money from all the final value credit refund fees that never covered the auction cost.
1496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2014, 12:37:11 AM
This pretty-much sucks... I've been waiting to buy in since Dec 17th when it hit $455 on Gox. I think we are still in the hysteria from the last price jump. So long as nothing significant is announced, interest will fade again for a short time. At least, that is what I am hoping.

I agree. Dang you supporters!  Undecided
1497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2014, 11:02:40 PM
I would realy laugh, if after selloffs and rebuys in the western exchanges (for nothing), china wakes up and starts to sell hard.

 Grin

Massive Mtgox Support wall of 661 @ $875. Probably fake but we'll see. If Huobi hits 4.600 after waking up that wall will probably be destroyed instantly.

Fake or not. Walls or only hummocks.

But realy: I'm the only one on this board who does not know what will happen next ;-)

No you're not Smiley

Whoever knows what will happen next has better things to do than be on this board.
1498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2014, 10:51:19 PM
I would realy laugh, if after selloffs and rebuys in the western exchanges (for nothing), china wakes up and starts to sell hard.

 Grin

Massive Mtgox Support wall of 661 @ $875. Probably fake but we'll see. If Huobi hits 4.600 after waking up that wall will probably be destroyed instantly.
1499  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2014, 10:10:42 PM
http://seekingalpha.com/news/1514731-report-prospects-for-winklevoss-bitcoin-etf-approval-look-good

ETF review going smoothly, once it is approved we can properly short!

I thought too much shorting hurt the price in the long run?  Huh
1500  Bitcoin / Legal / Re: Mtgox USD - Paying Taxes on: January 17, 2014, 10:07:35 PM

Are you referring to this answer?
"#3: What if I sell my bitcoins but do not withdraw the proceeds from the exchange?

It doesn't matter, your gains were realized the moment you sold them. It is irrelevant whether the proceeds from the sale are kept in your bank account or your exchange account, you still have a realized gain for tax purposes."



I don't think that applies. It should only be considered gains if you have access to your money which you don't. When I have time to start a reddit account I'll do so to discuss with this tax attorney. Thanks for the link. I've seen it before, but my goodness there's so much info everywhere.
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