Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30864. (Read 26720206 times)

sr. member
Activity: 365
Merit: 250

the definition of short term varies from a person to another, when we talk about the short term future of bitcoin we usually mean 5-10 years (on the speculation board means 1-2 weeks Cheesy ) but I "think" in order for bitcoin to continue to mainstream and "survive" there are a lot of things has to be addressed short term ( we are still on the 5-10 years) like the block size limit, transaction fees, the selfish miner issue,regulation.....

the point is that if these issues wont be addressed there will be another alt (not a single from the existing ones) created that solves all existing issues and this is my biggest fear

Why? Bitcoin will simply assimilate it. Bitcoin is like the Borg Wink

Yup. All of the problems you mention are technical problems. Technical problems are easily solved in due time, when needed.

The real challenges ahead lie on the Regulatory and Compliance side of things; specifically on how to successfully co-exist with gov's and fiat....  until we can squash them  Grin



There is a great book that describes Bitcoin perfectly.

Bitcoin is the best example of something Antifragile.

http://www.riosmauricio.com/wp-content/uploads/2013/05/Taleb_Antifragile.pdf
hero member
Activity: 560
Merit: 500
sr. member
Activity: 266
Merit: 250

the definition of short term varies from a person to another, when we talk about the short term future of bitcoin we usually mean 5-10 years (on the speculation board means 1-2 weeks Cheesy ) but I "think" in order for bitcoin to continue to mainstream and "survive" there are a lot of things has to be addressed short term ( we are still on the 5-10 years) like the block size limit, transaction fees, the selfish miner issue,regulation.....

the point is that if these issues wont be addressed there will be another alt (not a single from the existing ones) created that solves all existing issues and this is my biggest fear

Why? Bitcoin will simply assimilate it. Bitcoin is like the Borg Wink

Yup. All of the problems you mention are technical problems. Technical problems are easily solved in due time, when needed.

The real challenges ahead lie on the Regulatory and Compliance side of things; specifically on how to successfully co-exist with gov's and fiat....  until we can squash them  Grin

legendary
Activity: 1148
Merit: 1018
legendary
Activity: 1680
Merit: 1045
Anyone see that email from gox? Cheesy
legendary
Activity: 2324
Merit: 1125

the definition of short term varies from a person to another, when we talk about the short term future of bitcoin we usually mean 5-10 years (on the speculation board means 1-2 weeks Cheesy ) but I "think" in order for bitcoin to continue to mainstream and "survive" there are a lot of things has to be addressed short term ( we are still on the 5-10 years) like the block size limit, transaction fees, the selfish miner issue,regulation.....

the point is that if these issues wont be addressed there will be another alt (not a single from the existing ones) created that solves all existing issues and this is my biggest fear

Why? Bitcoin will simply assimilate it. Bitcoin is like the Borg Wink
sr. member
Activity: 365
Merit: 250
Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.  Cool

Pics or didn't happen...
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley




Oh it's done @ 23:30. I loved the final few minutes. I don't understand what all the rest was about, it sounds like they replaced the speaker in the end. The first 15 minutes is just politically correct, untrue bull shit.

Bitcoin is WAY better than any fiat currency. Hell, Litecoin is better than any fiat currency, hell any PM is better than any fiat currency. Fiat currencies SUCK. Saying USD is better than Bitcoin makes me nauseous
and I wouldn't be able to say it out loud without making a face.


I was thinking the same, but I remembered my co-workers who are BTW all IT engineers and how hard was it to explain the concept of Bitcoin to them and even when I did they still think that Bitcoin is a scam or monopoly money, his method can be a great approach to people like my co-workers....but it is too late I am out of energy and I give up, it is their lost anyways  

Also his answer to the second to last question proves he doesn't believe in the long term value of Bitcoin. He thinks ~6 crypto's will end up sharing the market and Bitcoin not being one of them. Wow, I see this as a possibility but certainly not the most likely.

the definition of short term varies from a person to another, when we talk about the short term future of bitcoin we usually mean 5-10 years (on the speculation board means 1-2 weeks Cheesy ) but I "think" in order for bitcoin to continue to mainstream and "survive" there are a lot of things has to be addressed short term ( we are still on the 5-10 years) like the block size limit, transaction fees, the selfish miner issue,regulation.....

the point is that if these issues wont be addressed there will be another alt (not a single from the existing ones) created that solves all existing issues and this is my biggest fear
legendary
Activity: 2324
Merit: 1125
I specially like the concept of "separation of money and state".

If you think about it for just one second, it's just like in the past and ultimately unavoidable. Some time ago we did the separation of the church and state, even though for a long period of time that was something unimaginable. Now's the time for money...

"Instead of trying to change governments with a useless vote, or pathetic pleading, we merely abandon the government's powerbase - the power derived from control of exchange and currency." - Erik voorhees April 2012

Yeah, evorhees was here too. Later that day Andreas interviewed Vorhees.

Now I'm gonna fall to new lows, and give you guys shitty gossip:

Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.  Cool


Haven't you heard about his new site? Escorts4Bitcoin.com Wink
sr. member
Activity: 266
Merit: 250
I specially like the concept of "separation of money and state".

If you think about it for just one second, it's just like in the past and ultimately unavoidable. Some time ago we did the separation of the church and state, even though for a long period of time that was something unimaginable. Now's the time for money...

"Instead of trying to change governments with a useless vote, or pathetic pleading, we merely abandon the government's powerbase - the power derived from control of exchange and currency." - Erik voorhees April 2012

Yeah, evorhees was here too. Later that day Andreas interviewed Vorhees.

Now I'm gonna fall to new lows, and give you guys shitty gossip:

Erik brought a supermodel superhot girlfriend to the full packed 800 male 20 female conference.  Cool



legendary
Activity: 2324
Merit: 1125
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley




Oh it's done @ 23:30. I loved the final few minutes. I don't understand what all the rest was about, it sounds like they replaced the speaker in the end. The first 15 minutes is just politically correct, untrue bull shit.

Bitcoin is WAY better than any fiat currency. Hell, Litecoin is better than any fiat currency, hell any PM is better than any fiat currency. Fiat currencies SUCK. Saying USD is better than Bitcoin makes me nauseous
and I wouldn't be able to say it out loud without making a face.


I was thinking the same, but I remembered my co-workers who are BTW all IT engineers and how hard was it to explain the concept of Bitcoin to them and even when I did they still think that Bitcoin is a scam or monopoly money, his method can be a great approach to people like my co-workers....but it is too late I am out of energy and I give up, it is their lost anyways  

Also his answer to the second to last question proves he doesn't believe in the long term value of Bitcoin. He thinks ~6 crypto's will end up sharing the market and Bitcoin not being one of them. Wow, I see this as a possibility but certainly not the most likely.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley




Oh it's done @ 23:30. I loved the final few minutes. I don't understand what all the rest was about, it sounds like they replaced the speaker in the end. The first 15 minutes is just politically correct, untrue bull shit.

Bitcoin is WAY better than any fiat currency. Hell, Litecoin is better than any fiat currency, hell any PM is better than any fiat currency. Fiat currencies SUCK. Saying USD is better than Bitcoin makes me nauseous
and I wouldn't be able to say it out loud without making a face.


I was thinking the same, but I remembered my co-workers who are BTW all IT engineers and how hard was it to explain the concept of Bitcoin to them and even when I did they still think that Bitcoin is a scam or monopoly money, his method can be a great approach to people like my co-workers....but it is too late I am out of energy and I give up, it is their lost anyways  
newbie
Activity: 58
Merit: 0
How low do you guys think that the weekend/christmas dip is going to be? Another chance to buy some cheap coins?

http://4.bp.blogspot.com/-AyCzhgAPjTs/UOb9LMgaL3I/AAAAAAAAEg0/RSlFceV8uzU/s640/z+dip+1.jpg

Pic related. It's a dip Grin
legendary
Activity: 2324
Merit: 1125
I specially like the concept of "separation of money and state".

If you think about it for just one second, it's just like in the past and ultimately unavoidable. Some time ago we did the separation of the church and state, even though for a long period of time that was something unimaginable. Now's the time for money...

"Instead of trying to change governments with a useless vote, or pathetic pleading, we merely abandon the government's powerbase - the power derived from control of exchange and currency." - Erik voorhees April 2012
sr. member
Activity: 266
Merit: 250
I specially like the concept of "separation of money and state".

If you think about it for just one second, it's just like in the past and ultimately unavoidable. Some time ago we did the separation of the church and state, even though for a long period of time that was something unimaginable. Now's the time for money...

EDIT: I have been since using this analogy when explaining Bitcoin to new people, and let me tell you, it just clicks with everyone, even before they understand what Bitcoin truly is.
legendary
Activity: 2324
Merit: 1125
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley




Oh it's done @ 23:30. I loved the final few minutes. I don't understand what all the rest was about, it sounds like they replaced the speaker in the end. The first 15 minutes is just politically correct, untrue bull shit.

Bitcoin is WAY better than any fiat currency. Hell, Litecoin is better than any fiat currency, hell any PM is better than any fiat currency. Fiat currencies SUCK. Saying USD is better than Bitcoin makes me nauseous
and I wouldn't be able to say it out loud without making a face.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 28
Merit: 0
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley




Yes, in essence, Bitcoin should never lose its essence
sr. member
Activity: 266
Merit: 250
Highly recommend for everyone:

Bitcoin Neutrality - Andreas Antonopoulos
http://www.youtube.com/watch?v=jy6XIBnThpY&feature=youtu.be

This was two weeks ago here in Argentina. This guy is a beast. He was the best speaker of the conference.

Great video, thanks for sharing, watching here...

Should I continue to listen past 5m19s? He already said he doesn't regard Bitcoin a currency and that he thinks the USD is superior. I already want to smack him twice. Does his talk improve?

Yes im at 16 min. and it gets better

I like his opinion on fungibility.

Edit:

Haha @ "Fuck off, Bitcoin works fine!" he just scored points. And now disrupting nation states. He should just skip the first 15 minutes of his talk.

 Smiley


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