How often do they update the price?  And how much gold do they have for sale?  I wonder if somebody could run the price up by 10% and then immediately buy gold with bitcoins.  And Walla!  You just bought 10% more gold than your dollars would have otherwise.  No?

Does coinabul not change their BTC denominated prices? If you want and buy on a drop won't you just need to buy more? Seems better to just do it now. Or if you want to wait, buy the coins now and buy the gold when you need to spend fewer of the coins.

I totally agree, with you.  I was just pointing out that a stable price, like what we have been experiencing the last few weeks, would make merchants more inclined to trust BTC more as a valid currency.

Funny, I think the exact opposite.

Why would a merchant want to adopt bitcoins if the price was volatile? Too risky.

Think about it...
If you buy $30 sunglasses with 10 bitcoins today, and then bitcoin lost $1 in value the next day, merchant only has $20 nopw and lost all his profit.

doesn't it mean that there is adequate demand for the 7200 coins per day being printed right now, and that people in fact ARE adopting bitcoin?

I see. That's totally awesome then. When you said you need to buy Bitcoins in order to buy gold, I was thinking that it was your only option. Now it sounds more like you want to buy Bitcoins in order to buy gold. A slight difference.

I say go for it. I enjoy both. Gold is a little bit more fun to hold in your hand.

Lets see how much time until they realise that nobody buys and close the site...

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You do? I've never heard of this situation before and it would be fantastic if you could elaborate.

Edit: I don't mean to pry. I simply found it interesting that someone needed Bitcoins over fiat in order to purchase gold.

You're reading too much into this.  Look at the volumes:
People are leaving for the holidays... anyone see those straight lines on mtgoxlive?
When all the traders and speculators come back, we'll see real price movement again.  

As for BTC buyers - tax paid from capital gains?

I see, I misinterpreted the question. I think we will see 3.45 again so if a higher order will be more beneficial i say place it at 3.25. I think we will see that number in the next couple of days for sure too.

What's your (the reader) opus? More thinking outside of the box is clearly needed!

It could... but then again it might not.

If you are willing to wait I think we will see 3.10 again but it might be a week or two. On the long term I think we are on the way up but i have my lowest buy orders at 3.15500.

I would not be surprised at all to see 3.15 in the next week so if that will save you money I say go for it.

I think my idea was right its just the execution was wrong. It was kind of over zealous of me to think I could compete with amazon or other popular stores just by going off the pure Bitcoin purchases support. The idea was that people would at first support my site just becuase it was a good way to go with Bitcoins and buy things. Then with the profits I would put it back right into the store to lower prices by finding better options as far as suppliers go.

But I'm not letting go of it just yet just changing the execution. Looking for niche Bitcoin products... things nobody can purchase with fiat money - PM me if you have somthing good.

Or:

No One Man Can Control IT...

'One man', opposed to 'man', otherwise women are excluded. One Man = Human Race. I capitalize both letters in 'IT' by accident, but...