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Capital Gains Tax to the IRS in the USA.
Exchange fees and trading spread.
thread over.
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come on lets get this to at least 100 votes!
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Rocket fueling...
The good news for bitcoin is converging....expect a big uptick in price in the next 2 months.
TO DA MOOOON!
lol if you unironically post like that. |
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everyone buys new phones in the fall (september - november). if apple doesn't start allowing bitcoin apps now then android phones will take their marketshare
I think apple will def support bitcoin apps if apple doesn't want to lose millions of dollars in lost revenue which will affect their stock price and future earning potentials
hahahaha oh wow |
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Amusingly, Goat actually started another forum site to get away from this trash. The signal/noise ratio there is vastly better. But it's not an external face of bitcoin, so I see value in posting here, where google is likely to take novices.
What forum is this? The secret cabal of VIBs (Very Important Bitcoiners) where I am banned without signing up btw. (Thanks Risto  ) |
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Willy bot  Are you stuck on the same day repeating the same word since you've read that article? It seems so. right? even in the article it talks about how willy bot no longer operates. its over man let it go... duh, guess what? GOX no longer operates. |
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Me too, the thing is it feels more and more like a game of musical chairs.
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Don't give a damn. It's still someones real money being traded with. Doesn't matter.
Exactly that's the nonsense I was writing about. The point exactly is what the report says, that it wasn't real money. Let me expand a bit. It really doesn't matter. Whatever drives the price up or down, the current price is what you can get them for. As long as you can still get your money in and out of exchanges everything is fine. Leave the legalistic stuff to the courts. It doesn't change that the price will ultimately have to go up with adoption. Yeah, the price can go up quite a bit because of the fraudulent pumping, but who the hell cares about that, right? |
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Don't give a damn. It's still someones real money being traded with. Doesn't matter.
Exactly that's the nonsense I was writing about. The point exactly is what the report says, that it wasn't real money. |
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Now it's almost a week since the Willy report surfaced, so traders do you really think mtgox/ Mark K. was the only exchange operator to be stupid enough to manipulate the market with fake liquidity.
Feel free to debate the usual "No the Willy bot wasn't really happening" , "The bot had actual liquidity behind it" - nonsense, in that case please only vote option 6.
Yes, I think the Willy report is factual and suspect that practice to be a common thing.
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Looks like Chinese Willy has behavioural difficulties.
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I just can't see how that would work.  Hey look! BTC is $100 more expensive on Gox than on Stamp! Let's Arbitrage that fucker! Ok, $100K onto Stamp. We seem to have bid up the price a bit on Stamp has have all the other Arber's but no worry, this is easy money. Hooray, we have sold for a 10% profit onto Gox! But wait a minute! We are doing this, dozens of other of arbitragers are doing this, so who on Gox keeps buying the cheap BTC at the Gox premium? Willy is buying! Hooray! Ok, lets get our funds out and do it all over again. Shit, Gox won't give us back our funds, only BTC, what do we do? "Buy Bitcoin and hold it, it is soaring in value anyway" "Hooray" This *1000. Don't worry the true Bitcoin nutters will see that a validation of their strategy. It's the same thing as they invested in pirateat40s ponzi, fully knowing what it was. |
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The only obvious thing is that a single bot cannot be the major cause of a bitcoin bubble.
The simple fact that all the trading volume was equally spread throughout all the major exchanges pretty much proves that all the panic buying was real and not the product of some bot on ONE exchange (aside from fake volume, which doesn't directly influence the price anyway).
You don't use these terms in that fashion. They aren't supposed to give your standpoint more more weight, they are to be used to refer to terms not open to debate, based on the silent agreement of both parties. |
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Your theory fails to meet all the evidence. If you believe the evidence you can't think it was a simple API bot because it wouldn't have these discrepancies, like no fees and special tags in the database.
The author of the reddit post actually explains why it would have had no fees and special tags and all... Yeah, obviously, but then it fails to meet Occam's criteria. |
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Your theory fails to meet all the evidence. If you believe the evidence you can't think it was a simple API bot because it wouldn't have these discrepancies, like no fees and special tags in the database.
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Right, until somebody gets arrested...
Thousands of people get arrested everyday. That has no effect on the bitcoin price. You know who that somebody is, right? You? No, hint he's fat, French or something and is Big In Japan. Who cares if Karpalapogus gets arrested? Its not going to effect the price of bitcoin. Although there might be more champagne purchased with bitcoin that day in celebration. That depends on the circumstances. It's not like this can't being happening on other exchanges, is it? |
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why would anyone see the willy report as a neg? people pay what it is worth.
Well subconsciously yes. who cares as long as they pay what it is worth. ... after the fact. |
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why would anyone see the willy report as a neg? people pay what it is worth.
Well subconsciously yes. |
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