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

[adamstgBit]

I'm starting to wonder if I should be following finex instead of stamp.

That's what I do. I chart Huobi mainly, and BFX tends to stay in lock step, more or less. Stamp is becoming irrelevant, in my opinion.

confirmed!
i've been watching finex more too  

Stamp is not irrelevant not at all...

its just finex is more interesting

[CEG5952]

finex looks the same to me on bitcoinwisdom (as stamp)
whats the difference?

If you look at structural highs and lows, BFX has diverged considerably from Stamp. They used to move in tandem, since BFX shared Stamp's liquidity, but that is not the case anymore. It's actually kind of fucked up -- BFX doesn't have a thick enough order book to support all its margin trading.

[bitcoinsrus]

finex looks the same to me on bitcoinwisdom (as stamp)
whats the difference?

If you look at structural highs and lows, BFX has diverged considerably from Stamp. They used to move in tandem, since BFX shared Stamp's liquidity, but that is not the case anymore. It's actually kind of fucked up -- BFX doesn't have a thick enough order book to support all its margin trading.

Oh sorry, deleted that comment since I wrote a previous comment similar.
Anyways thanks for explaining that, makes more sense now.

[ChartBuddy]

Explanation

[Richy_T]

Meanwhile, in the real world, everyone will ignore the IRS.  This is bad, because it is part of a pervasive and creeping contempt for rule of law.

The IRS itself is setting a bad example of respect for the rule of law recently. It can't end well.

[nicked]

Then IRS is doing more than just setting a bad example. They are breaking the law and now, they are trying to cover it up. Someone will find those supposedly "lost emails".

[Erdogan]

Just replace what you use.

I know you are right but I just can't bring myself to spend any right now.

ONE of my obstacles in spending is the potential accounting problem to have to keep track... since it is supposed to be treated as property.

My solution is either to replace as I spend, and therefore say I did NOT claim it as profit b/c I replaced what I had spent... or I can spend it overseas (outside of the USA), which would cause me NOT to have to claim a profit.

Also, I am disinclined to sell now, anyway b/c at this point my portfolio remains in the red with a $613 average BTC price.

The accounting...how can the dominators possibly expect people to do that? Do you see people at large keeping tabs on everything they spend and earn. Private double book-keeping? Assuming bitcoins further progress, not possible.

Just say no.

It is amazing what technology can do... think about it....

Yeah, maybe the NSA can do the accounting for us.

[empowering]

It is amazing what technology can do... think about it....

Yeah, maybe the NSA can do the accounting for us.

Doubt that... but a clever little app/protocol ... could no problemo....

[ChartBuddy]

Explanation

[adamstgBit]

i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long!

i want to buy all the bitcoin  

[Krabby]

i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long!

i want to buy all the bitcoin  

Quick, give me the strats to get mad debt based money without any credit history.

[bitcoinsrus]

i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long!

i want to buy all the bitcoin  

Quick, give me the strats to get mad debt based money without any credit history.

easy just ask for it
(in 2011, he actually gets 1 million, by simply asking...If only he bought btc then....he would have a satoshi stash (btc - $1 in 2011 so 1 mn BTC)
http://www.themarysue.com/craig-rowin-million-dollars/

[ChartBuddy]

Explanation

[wachtwoord]

i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long!

i want to buy all the bitcoin  

Quick, give me the strats to get mad debt based money without any credit history.

Become a bank.

[bigasic]

I think it will be kind of bearish until that damn auction is over. Then its going to be CCMF.. Well, maybe not to the moon quickly, but I think we will be more bull than bear, once they get those coins gone. I don't think we will see many of those coins hit the exchanges for quite a while, so i dont know why the market reacted the way it did. Most of the guys that put in their bid will be hodling...

[aminorex]

I think it will be kind of bearish until that damn auction is over. Then its going to be CCMF.. Well, maybe not to the moon quickly, but I think we will be more bull than bear, once they get those coins gone. I don't think we will see many of those coins hit the exchanges for quite a while, so i dont know why the market reacted the way it did. Most of the guys that put in their bid will be hodling...

My monkey seems to agree.

[fonzie]

[fonzie]

[adamstgBit]

I think it will be kind of bearish until that damn auction is over. Then its going to be CCMF.. Well, maybe not to the moon quickly, but I think we will be more bull than bear, once they get those coins gone. I don't think we will see many of those coins hit the exchanges for quite a while, so i dont know why the market reacted the way it did. Most of the guys that put in their bid will be hodling...

we'll be at 700 a week after.
then 2000$ 6 months later
sideways at 2000-1600 for 6 and months then BAM "Bubble" to 10K lvl.

[ChartBuddy]

Explanation