damiano
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 16, 2014, 08:46:10 PM |
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Gox and Stamp fighting back rather firmly, Huobi just under 5k...
Dump fail?
bit to early to say
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 16, 2014, 09:02:39 PM |
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aminorex
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Activity: 1596
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Sine secretum non libertas
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January 16, 2014, 09:08:41 PM |
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i do like the newsflow. wish gocoin would get some PR traction on walmart/amazon support.
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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January 16, 2014, 09:09:23 PM |
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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.
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fluidjax
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January 16, 2014, 09:17:08 PM |
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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!
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kurious
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Activity: 2590
Merit: 1643
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January 16, 2014, 09:30:49 PM |
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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!
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 16, 2014, 09:39:26 PM |
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Davyd05
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January 16, 2014, 09:39:55 PM |
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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
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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January 16, 2014, 09:40:58 PM |
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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
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Nightowlace
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January 16, 2014, 10:01:49 PM |
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Criminal Minds on CBS mentioned bitcoin last night
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ChartBuddy
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 16, 2014, 10:02:46 PM |
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molecular
Donator
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Activity: 2772
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January 16, 2014, 10:10:47 PM |
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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.
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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January 16, 2014, 10:17:57 PM |
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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
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deadfi$h
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January 16, 2014, 10:29:49 PM |
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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
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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January 16, 2014, 10:30:46 PM |
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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.
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MAbtc
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January 16, 2014, 10:33:30 PM Last edit: January 16, 2014, 10:54:55 PM by MAbtc |
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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.
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wendel
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January 16, 2014, 10:45:13 PM |
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pera
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バカ
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January 16, 2014, 10:55:21 PM |
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"eBay UK to Allow Sale of Virtual Currency", I thought people could already sell wallets inside usb drives
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adamstgBit
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Merit: 1037
Trusted Bitcoiner
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January 16, 2014, 11:01:55 PM |
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"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
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