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

[UnDerDoG81]

It is still a big problem for most people to buy bitcoins. There is a too long way to go till you can buy some. Sent your ID details, sent payment verification, sent money from your bank account (what takes 3 days and on weekends there is no bank transaction). And then there are the hackers... It must first become very easy to buy bitcoins and keep them safe. Then people will use it like money.

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[DaRude]

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.

[aminorex]

[some dunning-kreugerish contemptuous nonsense]

and one more for the ignorance is bliss column.  bye bye

[virtualfaqs]

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.

[ShroomsKit]

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.

[adamstgBit]

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]

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.

[billyjoeallen]

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.

[ShroomsKit]

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.

[samson]

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.

[ShroomsKit]

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!"

[billyjoeallen]

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.  

[tarmi]

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.

[adamstgBit]

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

[pietje]

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

[samson]

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  

[ShroomsKit]

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.

[virtualfaqs]

Waiting to see goats receipt from tigerdirect.com  

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]

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

[adamstgBit]

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.