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Question: Dwolla has a major announcement tomorrow.  How will that effect BTC price?
BTC will go up - 13 (26.5%)
BTC will go down - 5 (10.2%)
Announcement won't have any effect - 31 (63.3%)
Total Voters: 49

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Author Topic: Dwolla Announcement Tomorrow! BTC up or down?  (Read 1458 times)
OgNasty
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December 15, 2011, 12:43:24 AM
 #1

How do you think the Dwolla announcement will effect bitcoin?  Will the price rise due to the great news?  Will it fall because the rumors will be put to rest?  Is Dwolla even capable of having an effect on the bitcoin price?  What are your thoughts?

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December 15, 2011, 01:42:24 AM
 #2

How do you think the Dwolla announcement will effect bitcoin?  Will the price rise due to the great news?  Will it fall because the rumors will be put to rest?  Is Dwolla even capable of having an effect on the bitcoin price?  What are your thoughts?

It may have an effect, but I can't guess the effect without knowing what they will announce.  I'll just wait.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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December 15, 2011, 01:45:43 AM
 #3

Three announcements are scheduled for tmr.  Bitsyncom has an announcement.  Also, producia.org has an annoucement tmr.

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December 15, 2011, 02:12:43 AM
 #4

Three announcements are scheduled for tmr.  Bitsyncom has an announcement.  Also, producia.org has an annoucement tmr.

I know Producia have mentioned the currency 'Ven'..  but do they have anything to do with Bitcoin?

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December 15, 2011, 02:19:22 AM
 #5

I vote down -- people are hoping for something BTC related, and when it's nothing, some of those that tried to "get in before the big push" will sell off while they can still take a profit (or only a small loss).

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December 15, 2011, 02:31:59 AM
 #6

It's probably nothing to do with Bitcoin.  Cry

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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December 15, 2011, 02:46:55 AM
 #7

I wouldn't expected it to have any effect on Bitcoin price.  But you never know...

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

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December 15, 2011, 03:30:29 AM
 #8

My prediction is that they will release some form of a 'square' knockoff allowing anyone to accept credit cards with a smart phone or the like. Pay me for my scrying tomorrow.

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December 15, 2011, 05:52:28 PM
 #9

So I got an email from Dwolla. Says they offer INSTANT transfers from your bank now. Not sure about sending cash to your bank.

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December 15, 2011, 06:11:22 PM
 #10

So I got an email from Dwolla. Says they offer INSTANT transfers from your bank now. Not sure about sending cash to your bank.

+1 Mate. I hope its instant bank transfers BTC values will change even more rapidly!!
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December 15, 2011, 06:15:38 PM
 #11

So I got an email from Dwolla. Says they offer INSTANT transfers from your bank now. Not sure about sending cash to your bank.

+1 Mate. I hope its instant bank transfers BTC values will change even more rapidly!!

it's an 'instant' credit service. if you want to pay for something but got little balance in your dwolla, they will lend you up to 500 instantly
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December 15, 2011, 06:24:19 PM
 #12

Now everyone can cash in on BTC trading instantly even if they dont have the money!!
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December 15, 2011, 06:25:07 PM
 #13

There is a small fee for the "opt-in", and it does seem like a loan until they get the funds from your bank, but this should make it faster and/or easier to fund your gox account.

Quote
Instant is a new opt-in feature that provides you access to cash immediately. When you turn the feature on, you can deposit and send cash without the wait or delay users typically bump into with Dwolla. Whether you’re in a combine, on the streets of New York, walking down the Embarcadero in San Francisco, or stopping in at Mars Café in Des Moines, if you have access to the Internet, you have cash.

No more waiting, no more hunting down your ATMs, no more confusing price structures, no more hidden fees, no more interest rates, no more tricks to lure you into debt, and no more headaches. Once you subscribe, you’ll have all of the benefits of Dwolla without the wait.

Transactions are still 25 cents, except for those under $10, which are free. The feature has one participation and one penalty fee, both simple, transparent and low-cost requests.

How to use Instant

    Login to your Dwolla account online.
    Click Add/Remove Features.
    Turn on the instant feature.
    Once enabled, go to “Deposit Money”. You can now select Instant as a funding source. Money is now instantly available.

Here is a link.http://dwolla.us1.list-manage.com/track/click?u=76db41be3e3d000cb2fc7026f&id=c0b583c46a&e=a98dd14ec4

Edit:
I went into my dwolla account, and it says "Due to an overwhelming response, we are granting access to this feature as our system scales to accommodate our growing userbase. If you would like us to notify you when it is available for your account, blah blah."

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December 15, 2011, 06:58:11 PM
 #14

It will make it faster to make relatively small purchases with btc, a good thing.  I see the price is rallying around the news, up $0.005 to $3.16 on sluggish trading.
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December 15, 2011, 07:15:59 PM
 #15

I see the price is rallying around the news, up $0.005 to $3.16 on sluggish trading.

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