Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[spooderman]

holy fuck BUY!!!!!!!!!

Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

What bank is that?

[1713870214]

1713870214

[adamstgBit]

holy fuck BUY!!!!!!!!!

Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

What bank is that?

first national texas, but i would imagine these 'regulatory changes' apply to all banks.

[adamstgBit]

I have a friend that works at the US/CAD boarder

he got a memo about bitcoin

it said

"let the bitcoiners cross with wtv amount of bitcoin they like, their is no need to declare bitcoin holdings" ( or somthing to that effect )

thats right bitches, bitcoiners are getting special treatment  

[thezerg]

holy fuck BUY!!!!!!!!!

Foreign Wire Transfers: Due to recent regulatory changes, effective 10/1/13, FNBT/FCB will no longer offer foreign wire transfer services through Internet Banking or in banking centers.

If you need to send funds to a recipient in a foreign country, you can go to www.westernunion.com to send a transfer using your Debit MasterCard® or visit your local banking center to send a Western Union in person.

What bank is that?

first national texas, but i would imagine these 'regulatory changes' apply to all banks.

funny, I just wrote a rambling projection on how international B2B is the next killer app for bitcoin (now that China is ramping up). https://bitcointalk.org/index.php?topic=311495.msg3351398#msg3351398

Even a year ago it was difficult to receive international wires b/c there is a different USA-only wire system.  Credit unions and regional banks do not get a SWIFT number...  I had to actually GO to a physical room inconveniently located an entire 5 minute drive from my house, fill out forms ON PAPER, and actually TALK DIRECTLY to another living breathing smiling human being to open an account that would accept international wires. :-)  But seriously -- the real issue is that it had to be with one of the big names whose business model is to basically drain your funds with fees, etc.  For example, if I don't do at least 1 txn a month in the account there is a fee.

Joking aside, bitcoin is awesome at medium international xfer. Small can be done with paypal, large with a wire.  The sweet spot IMO is 500-5000 USD.

[ChartBuddy]

[theonewhowaskazu]

next spike to 180? over the weekend?

Funny how people now expect the price to go up over the weekend, it used to be everybody expected weekend tanks.

[DougTanner]

Back on track 

[ChartBuddy]

[Feri22]

I have a friend that works at the US/CAD boarder

he got a memo about bitcoin

it said

"let the bitcoiners cross with wtv amount of bitcoin they like, their is no need to declare bitcoin holdings" ( or somthing to that effect )

thats right bitches, bitcoiners are getting special treatment  

[justusranvier]

I have a friend that works at the US/CAD boarder

he got a memo about bitcoin

it said

"let the bitcoiners cross with wtv amount of bitcoin they like, their is no need to declare bitcoin holdings" ( or somthing to that effect )

thats right bitches, bitcoiners are getting special treatment  

https://twitter.com/inthepixels/status/390655737652707328

[Richy_T]

next spike to 180? over the weekend?

It wouldn't take long odds for me to put down for 180 by end of tomorrow.

The rocket fuel is filling up.

[rudrigorc2]

for people behind the firewall could not access that tweet - http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml

[Richy_T]

thats right bitches, bitcoiners are getting special treatment  

We need an animated gif where Jessie and Walter are producing Bitcoins.

[Richy_T]

Even a year ago it was difficult to receive international wires b/c there is a different USA-only wire system.  Credit unions and regional banks do not get a SWIFT number...  I had to actually GO to a physical room inconveniently located an entire 5 minute drive from my house, fill out forms ON PAPER, and actually TALK DIRECTLY to another living breathing smiling human being to open an account that would accept international wires. :-)  But seriously -- the real issue is that it had to be with one of the big names whose business model is to basically drain your funds with fees, etc.  For example, if I don't do at least 1 txn a month in the account there is a fee.

Joking aside, bitcoin is awesome at medium international xfer. Small can be done with paypal, large with a wire.  The sweet spot IMO is 500-5000 USD.

I never had much trouble receiving with my bank. Though the fees were a PITA, they charged at the US end even if I'd elected to have all fees paid at the originating end, the exchange rate was worse than the "official" rate and you couldn't wait for a good rate, you got whatever was available at the time (and I have my suspicions the banks played things so they profited off of that too). The last few times I've used Currency Fair and it's a *much* better experience all around. Can't believe the lobbyists haven't got them closed down yet.

[joesmoe2012]

Most credit unions will have a routing number where you can receive wires, they just can't send them since they aren't technically banks. Most regional banks would not have this problem as they are banks. The difference is in Credit Unions and Banks. Credit Union's also cannot send ACH transfers, it is usually done by a 3rd party 'bill payment' solution, which are usually a PITA.

This is why I can't stand using credit unions, because they just don't have any of the tools necessary for business transactions.

[MAbtc]

for people behind the firewall could not access that tweet - http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml

My problem is that I can't read it, and the google translate version of the page is simply atrocious. But is it confirmed -- "China Banking Regulatory Commission: "no plans to introduce regulatory policies for #bitcoin."

[herzmeister]

China rocket  

http://i3.sinaimg.cn/cj/money/lczx/20131017/U6834P31T1D17018288F46DT20131017093652.png

---from http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml
--- http://www.reddit.com/r/Bitcoin/comments/1onspw/awesome_chinese_bitcoin_infographic_from_sinacomcn/

[thezerg]

Even a year ago it was difficult to receive international wires b/c there is a different USA-only wire system.  Credit unions and regional banks do not get a SWIFT number...  I had to actually GO to a physical room inconveniently located an entire 5 minute drive from my house, fill out forms ON PAPER, and actually TALK DIRECTLY to another living breathing smiling human being to open an account that would accept international wires. :-)  But seriously -- the real issue is that it had to be with one of the big names whose business model is to basically drain your funds with fees, etc.  For example, if I don't do at least 1 txn a month in the account there is a fee.

Joking aside, bitcoin is awesome at medium international xfer. Small can be done with paypal, large with a wire.  The sweet spot IMO is 500-5000 USD.

I never had much trouble receiving with my bank. Though the fees were a PITA, they charged at the US end even if I'd elected to have all fees paid at the originating end, the exchange rate was worse than the "official" rate and you couldn't wait for a good rate, you got whatever was available at the time (and I have my suspicions the banks played things so they profited off of that too). The last few times I've used Currency Fair and it's a *much* better experience all around. Can't believe the lobbyists haven't got them closed down yet.

OK YMMV...I didn't make a study out of it.  But I gather all banks have an ABA number (domestic) but that is not a SWIFT (international) number.  I did get turned away from a couple of smaller CUs and banks so finally I sucked it up and went with BAC.  I was getting paid by a major European luxury automobile company for work on their prototype cars so it was not an issue of ignorance on their end.  In fact, about 6 months later they opened a US bank account and notified me that wires could now be domestic (and I'm 100% positive they did not do that just for my business!!! :-).

[Ivanhoe]

[ChartBuddy]