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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9%)
8/4 - 16 (13.1%)
8/11 - 7 (5.7%)
8/18 - 6 (4.9%)
8/25 - 8 (6.6%)
After August - 73 (59.8%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486802 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.)
Taras
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October 04, 2014, 01:52:51 AM

Bitcoin is banned by the federal government and if you are caught owning bitcoin, you pay a fine of 2,500 per coin.


So knowledge of a private key becomes illegal.

Memory crime.

I feel like we've been through this before..

Quote
09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
Hey, who wants to bet this number is on the blockchain by now?
fonzie
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October 04, 2014, 01:53:49 AM

Buy button broken @ Stamp?
hmmmstrange
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October 04, 2014, 01:54:53 AM

Adam at what price do you recommend loading up the truck with silver. I remember you mentioning 14-15 a while ago. Sorry to digress.

13.75

that is the magic number for silver

might dive lower then this tho for 1 or 2 days on a bad week for silver

if you watch it closely you can probably get 12$ silver, is my guess.


I have a nice gold/silver/galena mine that i haven't touched in 2 years. Even with minimum wage workers outfitted with picks, it's just not economically feasible.
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October 04, 2014, 01:59:58 AM

Buy button broken @ Stamp?

CONFIRMED
brekyrself
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October 04, 2014, 02:00:43 AM

Question as I have been out of the game for awhile...

Watching BitStamp from bitcoinity, what's with the CONSTANT movement of the asks?  Is that just bots jockeying for position?
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October 04, 2014, 02:01:11 AM


Explanation
fonzie
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October 04, 2014, 02:05:05 AM

Question as I have been out of the game for awhile...

Watching BitStamp from bitcoinity, what's with the CONSTANT movement of the asks?  Is that just bots jockeying for position?

Yes
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October 04, 2014, 02:11:26 AM

I am the chairman...........of the bored.
GBattaglia
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October 04, 2014, 02:18:58 AM

I wish BTC would just stop falling. I'm not asking for a bubble here, I'm asking for it to find a value point and cease losing it.
I'm not even a (big) holder of alternative cryptocurrency anymore, I just want BTC to become a reliable currency people feel safe
value wise holding onto.
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October 04, 2014, 02:20:29 AM

I wish BTC would just stop falling. I'm not asking for a bubble here, I'm asking for it to find a value point and cease losing it.
I'm not even a (big) holder of alternative cryptocurrency anymore, I just want BTC to become a reliable currency people feel safe
value wise holding onto.

lol'd so hard that I pooped a little.  Cool Cool Angry
nanobrain
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October 04, 2014, 02:20:56 AM

I am the chairman...........of the bored.


Don't worry.  

fonzie
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October 04, 2014, 02:23:26 AM

Choo choo@ OKcoin BTC/USD
derpinheimer
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October 04, 2014, 02:27:49 AM

I am the chairman...........of the bored.


Don't worry.  



LOL  Grin Cheesy
bobabouey2
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October 04, 2014, 02:41:43 AM

Okay here is a theory for comment.

What if a fund is cashing out for tax purposes because today is the end of the fiscal year?

In other words, window dressing?

If so, tomorrow or Monday they start buying it all back.

If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.

In the US, companies can select whatever fiscal year they want for accounting purposes (i.e. for audited financials and SEC filings), but the IRS taxes everyone on a calendar year basis.

That said, deadline for filing tax returns, if you got an extension, is Oct 15.  But that is for personal tax returns.  Corporate tax return extension deadline was Sep 15. [Edit - to clarify, this could cause some selling pressure, but not much.  When you elect an extension in April, you have to pay estimated taxes at that time.  So the only people dumping bitcoin for US tax purposes now would be people who were smart enough to  realized they would owe taxes on bitcoin and file an extension, but not smart enough to pay their estimated taxes at that time and thus face penalties.]

In the stock market, there is a "window dressing" effect where funds may play games at the end of a quarter - piling into hot stocks, dumping weak ones.  That way, they can say they owned those companies in their quarterly filings.
empowering
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October 04, 2014, 02:47:04 AM

I am the chairman...........of the bored.


Don't worry.  



At this point I have picked up one or two, which I shall blindly throw at alts,  and homeless, until my lawyer advises me to drink or take drugs, or maybe both.


(Edit:did I mention,  bored,)

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October 04, 2014, 03:01:12 AM


Explanation
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October 04, 2014, 03:06:43 AM

nanobrain
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October 04, 2014, 03:11:57 AM



We get it Fonzie, you like acid.
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October 04, 2014, 03:16:18 AM

A walrus is also a mini-whale, which i am about to become soonish   Smiley
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October 04, 2014, 03:38:38 AM

Adam at what price do you recommend loading up the truck with silver. I remember you mentioning 14-15 a while ago. Sorry to digress.

13.75

that is the magic number for silver

might dive lower then this tho for 1 or 2 days on a bad week for silver

if you watch it closely you can probably get 12$ silver, is my guess.


its not like silver is the investment of a life time tho ( its not even an investment really, its buying this THING that you hope will hold value as fiat inflates, aka store of value )

pretty sure you'll be fine with or without a silver coin collection...

thats the way i see it, so i'm only a buyer if i think the price feels really low.

$250 in the cards here ? lol  Cool
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