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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27742. (Read 26718061 times)

sr. member
Activity: 294
Merit: 250
Huge rally happening now on bitstmap!

I would like to trade on bitstmap....  I've never heard of this exchange. Are there low fees?



lol.... the only thing huge about the current "rally" is that it might actually be breaching the bear triangle... other than that it is very very small indeed.
sr. member
Activity: 350
Merit: 253
Huge rally happening now on bitstmap!

How can you tell.  It looks like the same to me from stamp and bitcoinwisdom.  Can you share some sites?

It's the power of positive thinking. If you wish hard enough, it will happen.  Smiley
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Speaking of privacy enhanced coins, did you join the Monero train the other week, I'm sure it was you who mentioned it and I had a look. Bought a few thousand at 0.0003 and just sold a chunk at the top of a pump to 0.005 on Polinex moments ago.

Insane growth. Made up for the last 6 months of BTC prices and lack of volatility.

Yes, I am enjoying that.  Keep in mind the MRO market cap is still less than 3000 BTC.  It should surpass DRK fairly quickly, since it is so clearly superior.

hero member
Activity: 518
Merit: 500
Huge rally happening now on bitstmap!

How can you tell.  It looks like the same to me from stamp and bitcoinwisdom.  Can you share some sites?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 350
Merit: 253
Huge rally happening now on bitstmap!
legendary
Activity: 1512
Merit: 1005

[...]

I make a distinction between saving and hoarding: hoarding is "keeping under the matress" while saving really is "investing" (optionally via entities specializing in this (savings & loans)). I think it's is important to make this distinction because for saving to fulfil it's purpose, namely sending a price signal by lowering interest rates (the price of money) and effecting investment into higher efficiency, innovation, etc, the saved money need to be loaned out or somehow else put to use in the economy as capital. If money is just hoarded, this function isn't being fulfilled.

Can you guys agree with this distinction / view?

[...]


No. Saving and hoarding is the same. When you save money, you save the actual money. You can also save other things, like food.

Investing is different. Investing is buying capital goods, which is tools, buildings, raw materials, etc, with the intent of making money. You can also include competency building.

Lending is a third category. You let others spend first, on consumption or capital, and you get the interest as compensation.

Everyone is free to decide how he is going to allocate his money. Saving is not something negative. When you save money, others can spend more. This is organized through the price signals. When you save money, you increase the value of the money, and reduce the price of everything measured in that money unit. Meaning others can spend.


legendary
Activity: 1260
Merit: 1002

What's up with the hate on this guy?? he seems to be one of them brighter guys
Nothing that happens in the foundation can make me sell BTC, even if they hire an army of pedophiles. The whole thing is a joke (just like the EU parliament).

here's one more:

Quote
The Bitcoin Foundation is testing newly installed equipment
-> https://bitcointalksearch.org/topic/m.6812874

Cheesy
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP

What's up with the hate on this guy?? he seems to be one of them brighter guys

He is exactly the kind of person you people deserve.
sr. member
Activity: 462
Merit: 251

What's up with the hate on this guy?? he seems to be one of them brighter guys
Nothing that happens in the foundation can make me sell BTC, even if they hire an army of pedophiles. The whole thing is a joke (just like the EU parliament).
hero member
Activity: 518
Merit: 500

What's up with the hate on this guy?? he seems to be one of them brighter guys

I just watched a few minutes.  He is monotone and a little boring.  I would hear what he has to say though.  I wonder if he got in at 2011 or maybe a little sour.  He probably got in when it reached 10 or 30 or something (reguardless of what he says in the video).

He's probably like

legendary
Activity: 2338
Merit: 1035
legendary
Activity: 3878
Merit: 1193
All my computing life I have been taught and taught students how to compute things in the most efficient way.

Then you must really love Bitcoin. CPUs in 2010 where .1 J/MH, and now just 4 years later we're running ASICS at 1 J/GH. That's an efficiency improvement of 1,000,000% in just 4 years. Where else do you see such massive improvements in efficiency?
sr. member
Activity: 294
Merit: 250
must be getting close to a bottom of some sort if chart buddy can have 3 posts in a row....

interest is waning!!!

so many trolls in here its barely worth posting... that said... we are actually over the bear trend line.... broken through horizontally at 449.85...... and nobody is witnessing it... fine by me... im just glad to be out from under it, or at least closer than we have ever been before....
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
must be getting close to a bottom of some sort if chart buddy can have 3 posts in a row....

interest is waning!!!

Interest been waning for months and months. Need a bit more than that to get me excited! Tongue
legendary
Activity: 2072
Merit: 1001
must be getting close to a bottom of some sort if chart buddy can have 3 posts in a row....

interest is waning!!!
donator
Activity: 2772
Merit: 1019
We need to end this "continuous growth paradigm" that is partly a consequence of (or at least intricately intertwined with) the type of money we use. Transitioning to using sound money is a big step towards becoming more resource efficient. The psychopathic powers that be are already shitting their pants regarding their debt regimes threatening to fall apart (Beligum), trying to start ww3 to get out of that deadlock they have maneuvered themselves into. I hope the people of the world will be prudent enough to see through the false flags (example: chemical attacks in syria last year) and violent provocations by payed mercenaries. I also hope our whistleblowers will keep informing us.

I think the easiest and most effective step we can take as people of the world in order to scale down our natural resource usage and to avoid bloody conflict is to transition to using crypto. It'll force governments into fiscal prudence eventually and it'll force actors making bad decisions to suffer the consequences of their actions, as it should be.

Glad to see you took the time to bring this topic to the Troll Wall observer thread as well Smiley

The potential for Bitcoin/crypto to facilitate a transition to a sustainable economy (as opposed to an infinite growth oriented one) through providing an alternative deflationary monetary system is a huge deal. HUGE DEAL.

The fantastic thing here is that this needn't rely on the prudence of a great many people (like you are calling for), not even their general intelligence. Instead by simply providing a superior system with lower friction, transaction cost and greater control and sovereignty over your funds people will be attracted to the superior system (see Greshams Law ) and start preferring it.

you just put a big smile on my face ;-). Let's hope it'll work out that way.

The superior system meanwhile provides incentives for responsible fiscal and economic behavior - namely SAVING (pejoratively known as "hoarding") money and SAVING resources.

I make a distinction between saving and hoarding: hoarding is "keeping under the matress" while saving really is "investing" (optionally via entities specializing in this (savings & loans)). I think it's is important to make this distinction because for saving to fulfil it's purpose, namely sending a price signal by lowering interest rates (the price of money) and effecting investment into higher efficiency, innovation, etc, the saved money need to be loaned out or somehow else put to use in the economy as capital. If money is just hoarded, this function isn't being fulfilled.

Can you guys agree with this distinction / view?

Now, implementing "savings & loan" businesses in the bitcoin world is extremely hard, because it contradicts (or at least seems to contradict) the trust-free and potentially privacy-preserving nature of bitcoin. After all: you need some kind of pressure for the borrower to pay back. There have been many attempts to solve this, but most attempts got drowned in scams.

Maybe hoarding is enough of a signal (less buying) to regulate economic activity? I'm not sure.
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