TooDumbForBitcoin
Legendary
Offline
Activity: 1638
Merit: 1001
|
|
March 17, 2014, 03:37:22 PM |
|
I hear it ... it's like a buzzing noise.
|
|
|
|
Threebits
Member
Offline
Activity: 75
Merit: 10
|
|
March 17, 2014, 03:38:05 PM |
|
http://money.cnn.com/2014/03/17/smallbusiness/bitcoin-bitpay/Do you guys hear that? It is faint..... very faint... something in the distance... but it sounds like its getting closer Indeed, being a merchant, they could not help accepting btc, so as to push sales. Where do payment processors like bitpay dump their bitcoins? On an exchange, or they themselves are exchange platforms? Sorry for above wrong typing. Indeed, being a merchant, they could not help accepting btc, so as to push sales. Where do payment processors like bitpay dump their bitcoins? On an exchange, or they themselves are exchange platforms?
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
March 17, 2014, 03:40:20 PM |
|
|
|
|
|
dreamspark
|
|
March 17, 2014, 03:45:50 PM |
|
Lots of backwards and forwards tipping with Doge though and for no reason at all. Would be more interesting to see the results of tip days destroyed sort of thing if that was possible. Still fair play to them for generously passing around the same few million Doges
|
|
|
|
lemonte
|
|
March 17, 2014, 03:52:09 PM |
|
False alarm! The sound is bees.. Run!!
|
|
|
|
Threebits
Member
Offline
Activity: 75
Merit: 10
|
|
March 17, 2014, 03:58:37 PM |
|
Interesting, average tip btc $6.95, doge $ 0.26. Is it too big for btc tipping and too little for doge tipping? How much is a normal tip in USD?
|
|
|
|
gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
|
|
March 17, 2014, 04:01:10 PM |
|
Bitpay allows unhoarding of coins, ALL coins being sold on stamp and this is bearish for btc price.
|
|
|
|
ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
|
|
March 17, 2014, 04:02:04 PM |
|
Wow. Such tipping. Very impress!
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
March 17, 2014, 04:02:11 PM |
|
|
|
|
|
jl2012
Legendary
Offline
Activity: 1792
Merit: 1111
|
|
March 17, 2014, 04:02:20 PM |
|
It's just like in Bitcoin's early days, when people could tip 10BTC for an interesting post here
|
|
|
|
arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
|
|
March 17, 2014, 04:06:17 PM |
|
any news that caused this small dip?
your assumptions are showing
|
|
|
|
Richy_T
Legendary
Online
Activity: 2590
Merit: 2271
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
March 17, 2014, 04:22:10 PM |
|
Interesting, average tip btc $6.95, doge $ 0.26. Is it too big for btc tipping and too little for doge tipping? How much is a normal tip in USD?
Compare exchange rate from beginning of 2013 to end of 2013.
|
|
|
|
Richy_T
Legendary
Online
Activity: 2590
Merit: 2271
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
March 17, 2014, 04:22:57 PM |
|
We need a bitcoin stability index. Maybe to compare against other currencies.
|
|
|
|
flynn
|
|
March 17, 2014, 04:23:31 PM |
|
False alarm! The sound is bees.. Run!! Come on Honey, let's go to bread !
|
|
|
|
Richy_T
Legendary
Online
Activity: 2590
Merit: 2271
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
March 17, 2014, 04:28:07 PM |
|
We need a bitcoin stability index. Maybe to compare against other currencies.
(High-Low)/average price? This could be for 24 hrs, week, month year with maybe a weighted mean overall index?
|
|
|
|
keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
|
|
March 17, 2014, 04:29:03 PM |
|
Stamp needs to go back home to $666...bitcoin is acting like it is too good for its own home lately...lol
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
|
|
March 17, 2014, 04:47:13 PM |
|
I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
The 24h volume on bitstamp is still only 4705btc. If stolen coins were actually being sold, then you would start to see 6 digit volume numbers. Keep in mind also that over 3600 coins are mined per day. This obviously isn't stolen coins. This is a different problem. It's called "nobody is buying". I agree and I think it likely that many stolen coins were sold long ago, and kept prices depressed. There are macroeconomic factors in play also. Relatively less money printing by the central bank, uncertainty on the Ukraine situation, lower wealth effect due to stock market pullback, etc. I dont honestly think that stolen coins are being sold now. But why not, the volume has to start somewhere, and the night is young. The only reason why I bring it up is because if the stolen coins are sold on BTCe for examlple, the price could fall well below trend line resistance. If I had stolen coins that I wanted to rid and make good cash out of them, (what a hypothetical?), I would continuously be selling at whatever rate the market could bear. And, low volume would mean probably only being able to sell at 10 to 20 BTC at a time. or maybe even breaking up into smaller amounts. One of the problems is thereafter converting to fiat, so it would be better to find items to buy in the market, like Teslas, even though that would likely draw too much attention... since there are NOT too many big ticket items to buy, and likely any big ticket items will receive some scrutiny.. since BTC is such a novelty.. So really, I would NOT know what to do.
|
|
|
|
solarflare
Member
Offline
Activity: 63
Merit: 10
|
|
March 17, 2014, 04:50:19 PM |
|
Could we make the polls a little bit more serious ? That is, leave "yes", "no" and "idk" but remove the moronic all caps options ?
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
|
|
March 17, 2014, 04:52:55 PM |
|
Calling 520 within 48hrs. Then down to 380, then we're done with the bubble and can resume moon mission. PS. Please don't take this as advice, I no longer trade BTC, I just enjoy charting it With these predictions, it is good that you no longer trade BTC YEAH... s/he (mellowyellow) ran out of BTC from engaging in stupid-ass trades.... like the one just predicted. The prediction is possible, yet highly unlikely and based on zero backup in the real world.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
|
|
March 17, 2014, 05:00:44 PM |
|
ask wall dissapeared... we'll see if it will be dumped or what
either way, some one guy holding that many btc on bitstamp... with no buying going on right now no thanks for additional buying on my side. I'm hodling + waiting for a better price with my fiat, even if it takes months.
I must have been sleeping during this part. HOW big of a wall was it? How many BTC? 10,000? or 5,000? NOT a bad time to be in BTC... in my thinking.... even though it is possible that we will see a little more downward movement... if we get in the lower $600s, I may buy a little more...
|
|
|
|
|