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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371060 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
phoenix1
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September 17, 2014, 03:27:38 PM

justusranvier was right about the Isle of Man providing banking services to BTC exchanges

The Faster Payments service (basically instant UK bank transfer to the exchange) has just been halted on London based Coinfloor as a result of the Isle of Man news last night. UK Banks cockblocking ...

Quote
It appears that, once again, the British banking system has attempted to stifle Bitcoin innovation and adoption in the UK. This only serves to hold London back from becoming the financial services capital of the Bitcoin ecosystem and thus mirror its leading position in the global financial industry.

Sure, it's a tiny exchange, but it is not good for UK BTC business.

http://blog.coinfloor.co.uk/

Here is the related news article from last night for context

http://www.coindesk.com/banks-cut-ties-isle-mans-bitcoin-industry/


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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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findftp
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September 17, 2014, 03:30:45 PM

I already bought a few of those 45x coins in april and may. After that, a few 550 and 600 satoshis as well
I'm tempted to buy more now.

Too bad I have a really bad cash flow at the moment.


Damn it, I could not resist.
I just bought a few extra satoshis just so that I can say I bought them right before the bubble started!
These prices are ridiculous.

wait a min, you sure you don't want to be buying this coin?
I almost puked.
That shitcoin is not better than all those 500 other ones.
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September 17, 2014, 03:32:21 PM

I have what I refer to as my "Genesis" Bip-38 pw protected paper wallet from when I started trading Bitcoin this Spring.  It was a proud entry at $455 I've kept all the way to $680 and then back down.  

We seem to have come full circle.  Shocked
You should check your acces to that wallet.
I've read a few times that people had problems decoding the wallet.
If I remember correctly, it was something with specific browsers (like safari)

I just use paper wallets and sore them like chash.
madmat
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September 17, 2014, 03:35:38 PM

I have what I refer to as my "Genesis" Bip-38 pw protected paper wallet from when I started trading Bitcoin this Spring.  It was a proud entry at $455 I've kept all the way to $680 and then back down.  

We seem to have come full circle.  Shocked
You should check your acces to that wallet.
I've read a few times that people had problems decoding the wallet.
If I remember correctly, it was something with specific browsers (like safari)

I just use paper wallets and sore them like chash.

I also have my stash on bip38 paper wallet, i tested process a lot before putting all my bitcoins on a single paper wallet, and it is working fine. I use blockchain android app to import private key, and decoding bip38 protection could be long (30-40s), but it works and it is a really nice protection.
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September 17, 2014, 03:39:10 PM

Well, I am buying - just started here and will buy more on any any further dips.

I will double my purchases every 25 bucks down from here.

Shit or bust, gentlemem - but for me, Bitcoin ain't 'done' - no way.
empowering
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September 17, 2014, 03:41:59 PM

justusranvier was right about the Isle of Man providing banking services to BTC exchanges

The Faster Payments service (basically instant UK bank transfer to the exchange) has just been halted on Coinfloor as a result of the Isle of Man news last night. UK Banks cockblocking ...
Sure, it's a tiny exchange, but it is not good for UK BTC business.

http://blog.coinfloor.co.uk/


Indeed.. however, Mr Osborne and others, are being asked, for clairty on the situation, i.e it is all very well and good that he wants London/UK to become a Bitcoin/cryptocurrency hub, however he needs to let the banks know as well.

 Either way, at the moment, in the UK the banks are mostly unfriendly to BTC related businesses, for those who are concerned, I recommend writing to Mr Osborne and to your local MPs asking that they represent you and push for clarification from George Osborne et al/the UK government.

You can find the details for your local MP's here https://www.writetothem.com/

Also writing to the UK Financial Ombudsman to complain

e-mail =

complaint.info@financial-ombudsman.org.uk

address=
The Financial Ombudsman Service
Exchange Tower
London E14 9SR

Bitcoin is not illegal in anyway in the UK, and therefore there should not be any legal reason to refuse banking facilities to otherwise good actors in the UK Cryptocurrency space.
 

(Edit: although I imagine that they are currently eyeballing Thursdays referendum and having a WTF moment in Westminster and Whitehall)
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September 17, 2014, 03:50:32 PM

Meanwhile, bitcoins hashing power has departed with destination moon.

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September 17, 2014, 03:50:47 PM

Will MatTheCat and his fellow scottish countrymen vote YES tomorrow and therefore provide a possible bullish catalyst to save Satoshis child?
Erdogan
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September 17, 2014, 03:52:17 PM

There is no manipulation people. Blitz, our mod, said so. This is totally natural market behaviour.

lol manipulation IS natural market behaviour.

Thank god for no distortion by coercion. Let the markets rave!
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September 17, 2014, 03:56:05 PM

I almost puked.
ROFPMGO
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September 17, 2014, 03:58:13 PM

Will MatTheCat and his fellow scottish countrymen vote YES tomorrow and therefore provide a possible bullish catalyst to save Satoshis child?

Clever dude suggested Scotland should price North Sea oil in BTC (after trading Bank of Scotland sterling for BTC for all scots), thus making everyone in Scotland wealthier than a Qatari.  Then they can buy England if they really want it.
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September 17, 2014, 03:58:59 PM


Explanation
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September 17, 2014, 03:59:21 PM

Will MatTheCat and his fellow scottish countrymen vote YES tomorrow and therefore provide a possible bullish catalyst to save Satoshis child?

I hope they vote for independence anyway - and it possibly could see an uptick in bitcoin activity in Scotland as a result. (I said possibly)

What it is more likely to do, is kick off a wave of movements towards independence in a lot of other countries all around the world.

And any one of these events could have an impact on bitcoin.. we don't know yet.
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September 17, 2014, 04:03:09 PM

Will MatTheCat and his fellow scottish countrymen vote YES tomorrow and therefore provide a possible bullish catalyst to save Satoshis child?

Eitherway, tomorrow is going to be interesting... my brain tells me they will make a NO vote, but my gut is questioning that in a big way... it is too hard to call...

The bookies seem to think a NO vote is incoming.

The older generations, will lean slightly towards a NO vote, and the younger I think will lean more towards a YES vote.

I think if it is a YES vote, it will cause a shock(wave) not only to the UK, the  Brits, the Scots, but to the world.. (also countries like Spain will be looking closely at this)

If the vote is YES, then there is going to be a interesting few weeks, months, years ahead.

In the long run, it could be a good thing for Scotland, in the short term...(next decade)  not so much.

How will it effect Crypto, tomorrow? not in a big way I do not think (I could be wrong) further down the line ...possible

Sure there has been some rumblings about Scotland adopting Bitcoin... well tbh I would be super surprised, sure they might intergrate it somehow, but not as their sole currency, jesus, a lot of Scots especially the older generations are ultra conservative and basically will not want to experiment with their wealth in that fashion.. in a lesser fashion yes, but not to that extent (which is another reason I think many older scots will vote NO tomorrow, not all but many)

Eitherway interesting times.





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September 17, 2014, 04:11:41 PM

https://www.cryptsy.com/coinvotes

Strong demand for Cryptsy to add XRP.

How long until BTC-e also adds it?
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September 17, 2014, 04:16:30 PM

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one
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September 17, 2014, 04:23:49 PM

down down down, until I get my paycheck  Grin
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September 17, 2014, 04:24:04 PM

:-O

Dat orderbook
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September 17, 2014, 04:29:39 PM

Dipped again, bought again. Cheap coins for everyone who wants them!

Obviously no one

The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them. Wink
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September 17, 2014, 04:29:49 PM

https://www.cryptsy.com/coinvotes

Strong demand for Cryptsy to add XRP.

How long until BTC-e also adds it?

Who cares?
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