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Question: When New ATH?
Apr. 11 - 2 (5.9%)
Apr. 12 - 3 (8.8%)
Apr. 13 - 4 (11.8%)
Apr. 14 - 5 (14.7%)
Apr. 15 - 4 (11.8%)
Apr. 16 - 1 (2.9%)
Apr. 17 - 3 (8.8%)
After Apr. 17 - 12 (35.3%)
Total Voters: 34

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25252779 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. (157 posts by 13 users deleted.)
ShroomsKit
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January 23, 2014, 06:29:25 PM
 #78761

I used to think that the moment a company like Ebay or Amazon starts using Bitcoin the price would jump to crazy amounts. But not anymore.
It will only reach crazy highs by mass adoption and not because of news anymore imo. We're past that.

What does mass adoption mean for you? Or you just trollin'

On ignore you go. Bye.
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adamstgBit
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January 23, 2014, 06:29:40 PM
 #78762


Many Bitcoin users will just replenish their BTC when making a purchase on these sites too, if they are still wanting to hold as much coins as possible.

Overstock might be surprised at how much new business they get when bitcoin goes up significantly. Buying stuff may be the best way to take profits from a tax avoidance standpoint. I'm planning a whole bunch of purchases myself.

That, plus anyone knows how much coinbase/bitpay charge merchants to process btc? If it's lower than 3%? credit cards charge merchants will embrace it with both hands as it bumps up their profit margins. Once wall st sees that there's $ to be made and wider adoption they won't sit on side lines.

bitpay is 1% ( this includes currency conversion, its unbelieveable! )
ShroomsKit
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January 23, 2014, 06:31:43 PM
 #78763

50/50 news? More like 99% bullshit. And i love how you post it here as if it's a fact. Typical behaviour of you conspiracy nutters.

You are an exact example of what American politicians wants. Believe only our news. Everything else is conspiracy theory and BS. Sure and true, Irak and Saddam has mass destruction weapons. Assad has chemical weapons. And there are many more examples how wrong the "real world news" were.

American politicians???

Anyway, welcome to my ignore list.
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January 23, 2014, 06:32:09 PM
 #78764


Many Bitcoin users will just replenish their BTC when making a purchase on these sites too, if they are still wanting to hold as much coins as possible.

Overstock might be surprised at how much new business they get when bitcoin goes up significantly. Buying stuff may be the best way to take profits from a tax avoidance standpoint. I'm planning a whole bunch of purchases myself.

That, plus anyone knows how much coinbase/bitpay charge merchants to process btc? If it's lower than 3%? credit cards charge merchants will embrace it with both hands as it bumps up their profit margins. Once wall st sees that there's $ to be made and wider adoption they won't sit on side lines.

Coinbase charges 1% with no fees for the first million dollars.
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January 23, 2014, 06:32:53 PM
 #78765

50/50 news? More like 99% bullshit. And i love how you post it here as if it's a fact. Typical behaviour of you conspiracy nutters.

You are an exact example of what American politicians wants. Believe only our news. Everything else is conspiracy theory and BS. Sure and true, Irak and Saddam has mass destruction weapons. Assad has chemical weapons. And there are many more examples how wrong the "real world news" were.

+1 it's fucking annoying that brainwashed tards still use the term conspiracy nuts when if they just took the time to look up some of these 'theories' they'll find substantial proof to a lot of them - they just don't get reported in the controlled media.


Ah another conspiracy looney. You can join your fellow nutter. Bye.
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January 23, 2014, 06:36:27 PM
 #78766

There's always 2 things to watch for when a new merchant jumps on the bandwagon:

1. Are they using a 3rd party processor?
2. Are they advertising it on their homepage? Now the Tigerdirect.com one is absolutely huge. But is Tigerdirect.com get less traffic than Overstock? But if you don't take the time to understand the refund policies, you may just stick with credit card if you're not interested in BTC.

www.tigerdirect.com is down for me right now.
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January 23, 2014, 06:43:29 PM
 #78767

Amazing to see the amount of people who are like "another huge company accepts Bitcoin. I better sell my stash right now! I waited all week but now is the time to sell!"
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January 23, 2014, 06:45:15 PM
 #78768

It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  
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January 23, 2014, 06:46:18 PM
 #78769

Amazing to see the amount of people who are like "another huge company accepts Bitcoin. I better sell my stash right now! I waited all week but now is the time to sell!"

nah.

just sell  the news.
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January 23, 2014, 06:46:40 PM
 #78770

It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

this would lead to a monumental bubble of all bubbles
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January 23, 2014, 06:47:31 PM
 #78771


Many Bitcoin users will just replenish their BTC when making a purchase on these sites too, if they are still wanting to hold as much coins as possible.

Overstock might be surprised at how much new business they get when bitcoin goes up significantly. Buying stuff may be the best way to take profits from a tax avoidance standpoint. I'm planning a whole bunch of purchases myself.

That, plus anyone knows how much coinbase/bitpay charge merchants to process btc? If it's lower than 3%? credit cards charge merchants will embrace it with both hands as it bumps up their profit margins. Once wall st sees that there's $ to be made and wider adoption they won't sit on side lines.

And then the moon is there Cheesy
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January 23, 2014, 06:47:46 PM
 #78772

It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

That's clearly sustainable  Roll Eyes
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January 23, 2014, 06:51:02 PM
 #78773

Amazing to see the amount of people who are like "another huge company accepts Bitcoin. I better sell my stash right now! I waited all week but now is the time to sell!"

nah.

just sell  the news.

Yeah and it's dumb. No matter how wise those words may sound.
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January 23, 2014, 06:51:16 PM
 #78774

Waiting to see goats receipt from tigerdirect.com  Grin

oh lol:)

it really does seem like what they should have done in 2011.

wqho buys GPUs to mine BTC? Also these AMD cards are crazy high? They are like $200 than the ones I bought in Nov and that was when the cards where new.

It's hard for me to buying something if its 50% mark up :/

Not to mention they should "list the odds of actually mining a block using their AMD cards." Misleading...
T.Stuart
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January 23, 2014, 06:51:32 PM
 #78775

Could be wrong, but something tells me we are gearing up for the mother of all weekends.
adamstgBit
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January 23, 2014, 06:53:49 PM
 #78776

Could be wrong, but something tells me we are gearing up for the mother of all weekends.

that should be the fallowing weekend

once US and China have both made there feelings about bitcoin clear.
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January 23, 2014, 06:55:24 PM
 #78777

It'll be interesting when OS's suppliers also start accepting BTC and they won't need to cash out. For every $100,000/day get's trapped in the bitcoin system with no cashout, it supports a price increase of $27/BTC.  

That's clearly sustainable  Roll Eyes

more or less sustainable than a fiat world reserve currency from a country that runs trillion dollar deficits?
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January 23, 2014, 06:56:11 PM
 #78778

Could be wrong, but something tells me we are gearing up for the mother of all weekends.

that should be the fallowing weekend

once US and China have both made there feelings about bitcoin clear.

Yea next weekend is going the be THE weekend for btc.
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January 23, 2014, 06:56:42 PM
Last edit: July 12, 2015, 02:25:52 PM by macsga
 #78779

I'm BACK!

CCMF time!!

Just quoting this for reference... Grin
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January 23, 2014, 07:00:53 PM
 #78780

There's always 2 things to watch for when a new merchant jumps on the bandwagon:

1. Are they using a 3rd party processor?
2. Are they advertising it on their homepage? Now the Tigerdirect.com one is absolutely huge. But is Tigerdirect.com get less traffic than Overstock? But if you don't take the time to understand the refund policies, you may just stick with credit card if you're not interested in BTC.

Frankly don't see why any major merchant would NOT use 3rd party processor right now? They can't pay their suppliers with BTC, and unless they're a bank they're not in the business of currency exchange. It's not their core business so why would they take on additional liability/risk of holding on to BTC? That wouldn't fly well with stock holders either.
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