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

[shmadz]

Explanation

Very nice Richy.

Thank you for providing this service. It is appreciated.

[shmadz]

It's getting a bit late for me to totally understand that but if I recall correctly, not so long ago, there was a bit of a fuss because someone in country A that was not the USA was transferring money to someone in country B that was also not the USA but for some reason, the money ended up being routed through a country that was the USA and they gobbled it up. That might be something they need to watch for.

If Bitinka works as stated, there is no transfer of ordinary currency across borders.  Remitting client X in Peru gives soles to Bitinka-Peru, Bitinka-Peru gives soles in Peru to bitcoin seller Y.  Eventually Y's bitcoins end up in the address of a bitcoin buyer Z, who gives pesos in Argentina to Bitinka-Argentina, which gives the pesos to the recipient client W in Argentina.

Interesting, though a little confusing or over complicated. I was thinking it might act more like a central clearing house for various south american currencies.  * edit: ok ok, so it's similar to the exchange just holding a balance of each currency in each country and just hoping that there is equal amount of trading on each side so they don't encounter a "run" on their reserves. Sounds quite risky actually unless they can use banking relationships to convert currencies between countries and then you lose any transactional advantage anyways.


***
*actually, since they did mention that they had a physical office in each country, I was kinda hoping I could take a vacation, arrive and get some local currency for bitcoin without having a local bank account, then transfer back into bitcoin when it's time to go home.

[JimboToronto]

Explanation

+1 to the side-by-side format.

Less scrolling, easier to read.
_____

Quick, somebody market buy 5k coins on Bitstamp. 

[Richy_T]

It's getting a bit late for me to totally understand that but if I recall correctly, not so long ago, there was a bit of a fuss because someone in country A that was not the USA was transferring money to someone in country B that was also not the USA but for some reason, the money ended up being routed through a country that was the USA and they gobbled it up. That might be something they need to watch for.

If Bitinka works as stated, there is no transfer of ordinary currency across borders.  Remitting client X in Peru gives soles to Bitinka-Peru, Bitinka-Peru gives soles in Peru to bitcoin seller Y.  Eventually Y's bitcoins end up in the address of a bitcoin buyer Z, who gives pesos in Argentina to Bitinka-Argentina, which gives the pesos to the recipient client W in Argentina.

I think this makes sense.

[JorgeStolfi]

*actually, since they did mention that they had a physical office in each country, I was kinda hoping I could take a vacation, arrive and get some local currency for bitcoin without having a local bank account, then transfer back into bitcoin when it's time to go home.

I presume that they will do that too; but that you could get tat service with localbitcoins or ATMs.  I understood that the matched trades for remittance were their differential, and they need the offices in each country in order to do that.

[ChartBuddy]

Explanation

[Elwar]

Is it safe to buy? Is it going up forever now? Please confirm that its not a scam to lure me in.

Looks fucking golden (not even looking at the price)

A: At least three SF Billboards on major roads (Paypal funded.)
B: 22 Million cash registers in Europe to accept BTC (heard it may catch some Bullshit from some of the 122 countries.)
C: Twins new exchange news + a good feeling about the ETF.
D: Strong futures.

Strong buy

Where is this from?

[JimboToronto]

Is it safe to buy? Is it going up forever now? Please confirm that its not a scam to lure me in.

Looks fucking golden (not even looking at the price)

A: At least three SF Billboards on major roads (Paypal funded.)
B: 22 Million cash registers in Europe to accept BTC (heard it may catch some Bullshit from some of the 122 countries.)
C: Twins new exchange news + a good feeling about the ETF.
D: Strong futures.

Strong buy

Where is this from?

I'm curious too.

 

[YourMother]

Is it safe to buy? Is it going up forever now? Please confirm that its not a scam to lure me in.

Looks fucking golden (not even looking at the price)

A: At least three SF Billboards on major roads (Paypal funded.)
B: 22 Million cash registers in Europe to accept BTC (heard it may catch some Bullshit from some of the 122 countries.)
C: Twins new exchange news + a good feeling about the ETF.
D: Strong futures.

Strong buy

Where is this from?

I'm curious too.

 

I kept telling that this BayAreaCoins, a Huntercoin (aka shitcoin) bagholder, is spreading fake news in order to contribute to a Bitcoin pump.

[Malin Keshar]

Explanation

nice design sr.

Also better when loading pages

[fonsie]

Is it safe to buy? Is it going up forever now? Please confirm that its not a scam to lure me in.

Looks fucking golden (not even looking at the price)

A: At least three SF Billboards on major roads (Paypal funded.)
B: 22 Million cash registers in Europe to accept BTC (heard it may catch some Bullshit from some of the 122 countries.)
C: Twins new exchange news + a good feeling about the ETF.
D: Strong futures.

Strong buy

Where is this from?

I'm curious too.

 

I kept telling that this BayAreaCoins, a Huntercoin (aka shitcoin) bagholder, is spreading fake news in order to contribute to a Bitcoin pump.

Go have a

[gizmoh]

Is it safe to buy? Is it going up forever now? Please confirm that its not a scam to lure me in.

Looks fucking golden (not even looking at the price)

A: At least three SF Billboards on major roads (Paypal funded.)
B: 22 Million cash registers in Europe to accept BTC (heard it may catch some Bullshit from some of the 122 countries.)
C: Twins new exchange news + a good feeling about the ETF.
D: Strong futures.

Strong buy

Where is this from?

I'm curious too.

 

www.coindesk.com/ingenico-adds-bitcoin-option-to-pos-terminals/

About the companies

Ingenico Group has a commercial presence in more than 125 countries through 80 offices and an extensive network of partners. It boasts 22 million POS terminals installed worldwide and an annual revenue of €1.3bn in 2013.

Paymium notably partnered with online fashion retailer Showroomprive.com to allow it to accept bitcoin payments back in September.

It faces competition in the European market, however. Most significantly, BitPay set up its European HQ in April, in a bid to attract 30,000 merchants in Europe by the end of 2014.

[BayAreaCoins]

I kept telling that this BayAreaCoins, a Huntercoin (aka shitcoin) bagholder, is spreading fake news in order to contribute to a Bitcoin pump.

A: Don't have any Huntercoins atm.
B: http://www.coindesk.com/ingenico-adds-bitcoin-option-to-pos-terminals/
C: Kill yourself

[JimboToronto]

www.coindesk.com/ingenico-adds-bitcoin-option-to-pos-terminals/

About the companies

Ingenico Group has a commercial presence in more than 125 countries through 80 offices and an extensive network of partners. It boasts 22 million POS terminals installed worldwide and an annual revenue of €1.3bn in 2013.

Paymium notably partnered with online fashion retailer Showroomprive.com to allow it to accept bitcoin payments back in September.

It faces competition in the European market, however. Most significantly, BitPay set up its European HQ in April, in a bid to attract 30,000 merchants in Europe by the end of 2014.

Cool. Thanx for the link.

[(Lithium)]

Is it safe to buy? Is it going up forever now? Please confirm that its not a scam to lure me in.

Looks fucking golden (not even looking at the price)

A: At least three SF Billboards on major roads (Paypal funded.)
B: 22 Million cash registers in Europe to accept BTC (heard it may catch some Bullshit from some of the 122 countries.)
C: Twins new exchange news + a good feeling about the ETF.
D: Strong futures.

Strong buy

Where is this from?

I'm curious too.

 

I kept telling that this BayAreaCoins, a Huntercoin (aka shitcoin) bagholder, is spreading fake news in order to contribute to a Bitcoin pump.

the news is not fake.

And only bear trolls like you have the illusion that anything that is said here have influence in the price

[YourMother]

I kept telling that this BayAreaCoins, a Huntercoin (aka shitcoin) bagholder, is spreading fake news in order to contribute to a Bitcoin pump.

A: Don't have any Huntercoins atm.
B: http://www.coindesk.com/ingenico-adds-bitcoin-option-to-pos-terminals/
C: Kill yourself

I ain't gonna kill myself. I'm here to help you not get ruined by this pump and dump replaceable currency. You need me more than you think.

Edit: Fuck fonzie!

[ChartBuddy]

Explanation

[fonsie]

I kept telling that this BayAreaCoins, a Huntercoin (aka shitcoin) bagholder, is spreading fake news in order to contribute to a Bitcoin pump.

A: Don't have any Huntercoins atm.
B: http://www.coindesk.com/ingenico-adds-bitcoin-option-to-pos-terminals/
C: Kill yourself

I ain't gonna kill myself. I'm here to help you not get ruined by this pump and dump replaceable currency. You need me more than you think.

Edit: Fuck fonzie!

You are such an hilarious pathetic beartroll... lol

[JimboToronto]

I ain't gonna kill myself. I'm here to help you not get ruined by this pump and dump replaceable currency. You need me more than you think.

Edit: Fuck fonzie!

Pump & dump? Fonzie?

[marcus_of_augustus]

I ain't gonna kill myself. I'm here to help you not get ruined by this pump and dump replaceable currency. You need me more than you think.

I wonder if the Linux foundation lets people who are rabidly against Linux rail incessantly against Linux on the main Linux forum?

And what do theymos and the bitcointalk moderators have to gain by allowing such anti-social behaviour here?

This is not a free speech issue, it is the same as the anti-social drunk who shows up in your club and starts abusing the clients, kicking tables and chairs around and defacing the walls warning people not to come back here ... why do we allow these people to stay here??