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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26407539 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.)
Rannasha
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November 16, 2013, 08:02:35 AM
 #42001

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that  Grin

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

People go to banks to make wire transfers? Somewhere the memo that the 20th century is over didn't arrive or something?
BitAddict
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November 16, 2013, 08:22:00 AM
 #42002

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that  Grin

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

People go to banks to make wire transfers? Somewhere the memo that the 20th century is over didn't arrive or something?

You can still find some stupid banks that don't allow you to send wire transfer via their website... at least in Spain.
Also another bank is charging 100€ if you connect to their website more than 100times/month plus 1€ each connection after that.

Welcome to Spain  Grin
Rannasha
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November 16, 2013, 08:36:04 AM
 #42003

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that  Grin

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

People go to banks to make wire transfers? Somewhere the memo that the 20th century is over didn't arrive or something?

You can still find some stupid banks that don't allow you to send wire transfer via their website... at least in Spain.
Also another bank is charging 100€ if you connect to their website more than 100times/month plus 1€ each connection after that.

Welcome to Spain  Grin

Wow... that's just... wow.

In the Netherlands people are more and more incentivized to bank online, since it allows the bank to reduce the number of brick-and-mortar locations and personnel they have to maintain.
weaknesswaran
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November 16, 2013, 08:48:57 AM
 #42004


Also another bank is charging 100€ if you connect to their website more than 100times/month plus 1€ each connection after that.

Welcome to Spain  Grin

You are joking?
F-bernanke
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November 16, 2013, 08:53:40 AM
 #42005


Also another bank is charging 100€ if you connect to their website more than 100times/month plus 1€ each connection after that.

Welcome to Spain  Grin

You are joking?

In the Netherlands my business account gets charged every time I login (even on my Android App), the charges are nowhere that high though.
NewLiberty
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November 16, 2013, 09:00:56 AM
 #42006

US Banks are fighting Bitcoin hard:

http://www.forbes.com/sites/kashmirhill/2013/11/15/bitcoin-companies-and-entrepreneurs-cant-get-bank-accounts/


“Saying Bitcoin in a bank is like yelling fire in a theater,” says Kinnard Hockenhull, the 23-year-old founder of Bitbox.

We need to try that  Grin

Lol I went to my bank to make a wire transfer and the cashier asked me what was the reason for the transfer. I really hesitated about mentioning anything about bitcoin.

"Personal loan"  Wink

The reason for the transfer is "sending money".
N12
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November 16, 2013, 10:16:05 AM
 #42007

Bitstamp just made an alltime high.

edit: MtGox now as well.
F-bernanke
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November 16, 2013, 10:16:57 AM
 #42008

Bitstamp just made an alltime high.

Gox aswel now.
gandhibt
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November 16, 2013, 10:17:18 AM
 #42009

Bitstamp just made an alltime high.

...and rising now 434.

EDIT. These 300 BTC's buys are now like 130 000 USD =D
Davyd05
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November 16, 2013, 10:18:08 AM
 #42010

I'd love for the train to derail or slow till my money hits the exchange next week but I already know it stops for nobody
solex
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November 16, 2013, 10:22:21 AM
 #42011

Bitstamp just made an alltime high.

...and rising now 434.

EDIT. These 300 BTC's buys are now like 130 000 USD =D

Yes. A lot of coins have disappeared into the shadows. Used to be that 3,000 was a noteworthy buy and 300 just noise.
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November 16, 2013, 10:29:39 AM
 #42012

No rest for the weary.

$500 soon?
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November 16, 2013, 10:36:21 AM
 #42013

bitstamp more btc bid on >400 then asks < 500  Shocked
TERA
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November 16, 2013, 10:36:50 AM
 #42014

Yeah the biggest buy I see now is 1K. There used to be 5K buys, 10K buys, 25K buys... I haven't seen those since August. This is being driven entirely by a lack of supply now. The total accross all exchanges is like 25K btc. This is definitely a danger zone.
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November 16, 2013, 10:37:23 AM
 #42015

I see large blocks being sold in this uprising. I'll stay out.
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November 16, 2013, 10:38:50 AM
 #42016

https://bitfinex.com/exchange
"Bitcoin last price: $441.2500"
"Not enough USD reserve on Bitstamp, you cannot buy on Bitstamp at the moment"

when do their deposits make it to bitstamp???

sell to coinbase price @ $440 (minus 1% fee)
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November 16, 2013, 10:39:49 AM
 #42017

these small drops that we have had from time to time (where bears shout: "CRASH!!! SELL!!!") are more bullish than anything else, because these drops show how much support we have and seems to me that we have a lot of support at these cheap prices =)

disclaimer: one 10k sell will change things still, but big holders might want to wait if they are selling in the first place
TERA
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November 16, 2013, 10:41:48 AM
 #42018

these small drops that we have had from time to time (where bears shout: "CRASH!!! SELL!!!") are more bullish than anything else, because these drops show how much support we have and seems to me that we have a lot of support at these cheap prices =)

disclaimer: one 10k sell will change things still, but big holders might want to wait if they are selling in the first place
Each of these corrections probably had no more than 1K-5K coins coming from a seller and the rest was panic and bots. Then the panic stops when people realize there isn't actually much selling going on and turns into panic buying to buy back the coins. But wait till there's a real seller.

I wouldn't even call these corrections. Just a bunch of trigger happy traders (and bots) thinking "uh oh here's the seller. now the flashcrash".
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November 16, 2013, 10:44:15 AM
 #42019

If these buy and hold smartasses could have it on their own someone would still trying to buy a pizza with 10 000 coins.

What a load of bullshit.

lol no.

Lol, yes. If absolutely all people would just hold like some are giving "smart" advices here, nobody would be able to buy a coin as nobody would selling them, so those coins would be absolutely worthless as Satoshi and 100 others would know about them.

"Buy and hold" gang (who would they buy from if everyone would do that..) are the biggest enemy of the Bitcoin. They're just too greedy twats to understand that.

Let's not single out the buy/hold crowd as the only greedy ones.   To be sure, the goal of EVERY trader is to increase his wealth.   That being said, you are exactly right, we need sellers.   Most of the current crop of holders will be sellers at whatever point they feel they have gained sufficient wealth to buy some of the things they need, say a car or house.

Of course we are all greedy at some point but they are just plain morons on top of that.

Just checking in on a leisurely Saturday morning to find that I'm now in a gang of greedy twats who are just plain morons, apparently. All just because I hold onto my coins?  The last time I tried to trade I lost 1% of my coins, whereas by holding since May they've increased in value by 400%.  So forgive me for not buying and selling just to keep you happy.

Oh, and by the way - CHOO CHOO MF!!!
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November 16, 2013, 10:46:49 AM
 #42020

https://bitfinex.com/exchange
"Bitcoin last price: $441.2500"
"Not enough USD reserve on Bitstamp, you cannot buy on Bitstamp at the moment"

when do their deposits make it to bitstamp???

sell to coinbase price @ $440 (minus 1% fee)
they make deposits all the time, but can't keep up with demand.  I reckon you'll have to wait till monday for the next batch.
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