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

[damiano]

Gox and Stamp fighting back rather firmly, Huobi just under 5k...

Dump fail?

bit to early to say

[1714561182]

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[1714561182]

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[Nightowlace]

http://finance.yahoo.com/news/bitcoin-fundraiser-oakland-mayoral-candidate-191553645.html;_ylt=A0oG7kPzQthSO1cAMgpXNyoA;_ylu=X3oDMTB0a2Roc2NtBHNlYwNzYwRjb2xvA2FjMgR2dGlkA1NNRTI4OF8x

[ChartBuddy]

Explanation

[aminorex]

i do like the newsflow.  wish gocoin would get some PR traction on walmart/amazon support.

[marcus_of_augustus]

http://www.coindesk.com/uk-tax-authority-hmrc-reclassify-bitcoin-private-currency/

If that is true (am UK based) I will definitely up my investment, I already have CGT issues as it is, but one investment without being taxed on gains will give it the edge, and put it more on a par with art investments for me.

It sounds likely, since Germany has done this and the UK likes to be relatively open-minded on financial markets to support London's position in the world financial system (we don't export much else), so this is good news and will affect Europe generally too.

It's not happened yet, but it sounds like it will.  I will definitely be increasing my exposure and I will not be alone, I am sure.

I concur ... it is a way to make UK seen to be 'progressive' and hip-tech by encouraging financial innovation, yet at the same time keep bitcoin at arms length.

Private currency it is I think. Switzerland is going the same way, albeit "foreign currency" classification. Bullish overall i'd say.

[fluidjax]

http://www.coindesk.com/uk-tax-authority-hmrc-reclassify-bitcoin-private-currency/

If that is true (am UK based) I will definitely up my investment, I already have CGT issues as it is, but one investment without being taxed on gains will give it the edge, and put it more on a par with art investments for me.

It sounds likely, since Germany has done this and the UK likes to be relatively open-minded on financial markets to support London's position in the world financial system (we don't export much else), so this is good news and will affect Europe generally too.

It's not happened yet, but it sounds like it will.  I will definitely be increasing my exposure and I will not be alone, I am sure.

I concur ... it is a way to make UK seen to be 'progressive' and hip-tech by encouraging financial innovation, yet at the same time keep bitcoin at arms length.

Private currency it is I think. Switzerland is going the same way, albeit "foreign currency" classification. Bullish overall i'd say.

If this happens it going to be great news, I'd already written off 28% of my BTC holding to Capital Gains Tax (Always best to expect worse case, but hope for the best) but now there is a possibility its effectively tax free!

[kurious]

http://www.coindesk.com/uk-tax-authority-hmrc-reclassify-bitcoin-private-currency/

If that is true (am UK based) I will definitely up my investment, I already have CGT issues as it is, but one investment without being taxed on gains will give it the edge, and put it more on a par with art investments for me.

It sounds likely, since Germany has done this and the UK likes to be relatively open-minded on financial markets to support London's position in the world financial system (we don't export much else), so this is good news and will affect Europe generally too.

It's not happened yet, but it sounds like it will.  I will definitely be increasing my exposure and I will not be alone, I am sure.

I concur ... it is a way to make UK seen to be 'progressive' and hip-tech by encouraging financial innovation, yet at the same time keep bitcoin at arms length.

Private currency it is I think. Switzerland is going the same way, albeit "foreign currency" classification. Bullish overall i'd say.

If this happens it going to be great news, I'd already written off 28% of my BTC holding to Capital Gains Tax (Always best to expect worse case, but hope for the best) but now there is a possibility its effectively tax free!

Me too - have been crucified in other areas I had done well in and it increases the margin needed to a point where risk levels become unappealing.

It gives BTC an edge - spiffing news, chaps!

[macsga]

Here is an obscenely bullish desktop wallpaper (for usage as pr0n substitute), concentrating at this multiple times a day for 2 minutes each time will release endorphins and convert every bear into a bull after long enough exposure. I have made it 1024*768 for old laptops, I can make higher resolutions too.  

What tool did you get it with`?

This!!! IT'S MAGIC!!!

[Davyd05]

edit: lol read it and it smelt to much of fud.. involved coinye delisting on eBay lol

oh well. one more day till we see if weekend rallies resume

[aminorex]

as much as i dislike gox, one would do well to buy on stamp and sell on gox right now.  spread is unusually juicy and likely to revert

[Nightowlace]

Criminal Minds on CBS mentioned bitcoin last night

[ChartBuddy]

Explanation

[molecular]

Private currency it is I think. Switzerland is going the same way, albeit "foreign currency" classification. Bullish overall i'd say.

That's probably quite a difference (foreign vs. private). No VAT problems with foreign currency.

[aminorex]

Private currency it is I think. Switzerland is going the same way, albeit "foreign currency" classification. Bullish overall i'd say.

That's probably quite a difference (foreign vs. private). No VAT problems with foreign currency.

UK VAT & BTC: https://bitcointalk.org/index.php?topic=153332.0

[deadfi$h]

as much as i dislike gox, one would do well to buy on stamp and sell on gox right now.  spread is unusually juicy and likely to revert

Good luck with that 

[seleme]

as much as i dislike gox, one would do well to buy on stamp and sell on gox right now.  spread is unusually juicy and likely to revert

it's like this for weeks.

[MAbtc]

I don't see myself going long unless we convincingly break the post-ATH consolidation pattern to the upside. That would currently sit at Stamp $948/Huobi 5550, and Stamp $915/Huobi 5350 in ~ one week.

Though the short-term consolidation on Huobi has no bearish bias, the condition of breaking both fib resistances (5060/5100 and 5312), both downtrend lines (8000->5999, 5999->5550) and both of the previous local tops (5500 level, 5150 level) leaves me skeptical that this breakthrough will happen before a downside breakout. If I have to buy back over $950, I may realize a small loss on trades executed since 1/5... but that's okay. It's all about the expected value...

If I am wrong, I am hoping that these resistance levels will at least make price movement choppy enough for opportunity to re-assess. The only thing that worries me is the possibility of a straight shot to the moon.

[wendel]

http://www.coindesk.com/ebay-uk-virtual-currency-february/

[pera]

http://www.coindesk.com/ebay-uk-virtual-currency-february/

"eBay UK to Allow Sale of Virtual Currency", I thought people could already sell wallets inside usb drives

[adamstgBit]

http://www.coindesk.com/ebay-uk-virtual-currency-february/

"eBay UK to Allow Sale of Virtual Currency", I thought people could already sell wallets inside usb drives

well technically no

but i big fat did it anyway