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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25499. (Read 26606984 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
Circle registration is now open.  Shocked

Bullish or bearish?
hero member
Activity: 697
Merit: 500

yea until a bigger whale comes along and shits on him.  woe the stories of heart ache and loss when people margin trade...

remember the trend if your friend

I highly doubt that avarage joe will buy any bitcoins after terrible investment...
hero member
Activity: 504
Merit: 500
Moderator
hero member
Activity: 742
Merit: 500
Next big dumps coming up or we'll have another few days of price misteriously floating in the air like now (before China flushing bitcoinz round 2)?


Find out next episode! Same Bit Time, same Bit channel!


legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules

yea until a bigger whale comes along and shits on him.  woe the stories of heart ache and loss when people margin trade...

remember the trend if your friend
hero member
Activity: 728
Merit: 500
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
FUck me...I can't believe we've had an 800BTC green candle but all you lot want to do is measure your Phds.

I just answered a direct questions. I don't understand the relevance either. (I just thought it was funny to answer since he was implying I was a uneducated teen. I doesn't seem to have shut him up though Tongue).

I think if we all revealed our day jobs there would be a few surprises. Most of the heroes don't need them of course Smiley

I've been convinced that at least the Bitcoin demography as it was until 2012 was intellectually the very top of the western countries. For some this will show in education or job and obviously for some it will not. There are plenty of highly intelligent people will no education or "respected" job. In the long run, why would you want a job anyway?

I am convinced that education is detrimental to all but a few specific sorts of symbol-manipulating intelligence. People who have been highly educated by institutions of education seem to display a fundamental lack of insight into the broader context into which their small area of expertise is embedded. Furthermore there is the matter of certain types of behavior having been reinforced by the process of education, which are in general detrimental to understanding.

So remember kids:

Stay in drugs
Don't do vegetables
Eat your school
hero member
Activity: 910
Merit: 1003
No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet.

Right, and there is no dollar inflation either.  There are only 1,234,567,890,123,456,789,012 dollars in existence. It is just that not all of them have been issued yet.

In the long run, why would you want a job anyway?

I have a dream of a future where the 10 billion people on the planet own one satoshi each, which grows 1000% in value every year, and no one works any more.
hero member
Activity: 504
Merit: 500
Moderator
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
going to the Moon is a choice we make  Grin



Were stocking fuel for Mars, don't cha know?

going to Mars is a suicide mission until they can have a space station around Mars

edit:

which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that...


Either Moon or Mars are nearly equally unrealistic.

Just because we saw the moon landing on TV does NOT mean that it actually happened.
http://www.wired.com/2014/09/nvidia-moon/

hah thanks  Klee
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 700
Merit: 500
http://coinatmradar.com/blog/bitcoin-atm-statistics-september-2014/

More than 1 ATM per day is pretty cool... and it is likely to go up.

Also the people that use these ATMs are a completely different market to those already using Bitcoin.

I'm going to lowball these figures and lets say the ATMs costs $5,000 each.

Over 1 year we get 365 new ATMs. They take a fee of 10% (it would be lower than this but im being pessimistic again)

If it is a one way ATM they need to sell $50,000 of BTC just to break even.

365 * 50,000 = $18,250,000 of BTC buys required for one year of ATMs to break even if they keep popping up at this current rate (they won't...it will get faster).
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
hero member
Activity: 504
Merit: 500
Moderator

Totally agree. Back then Bitcoin felt like it could really die...

But look at where we are today. The media is actually starting to take it seriously. There are tons of startups and an entire industry being forged.

Lest we forget that the goal of a startup is pretty much to either IPO Facebook style or get acquired by a company such as Facebook.

It is only a matter of time before Bitpay, Coinbase, or some other company gets aquired by a major player such as Facebook (evil!) or Paypal, Amazon, etc.

Once the first acquisition takes place the floodgates will open. The competition will have no choice but to acquire a competing Bitcoin company for fear that they could be left behind in this new industry...

My own prediction is that the first acquisition will come from (in order of likelyhood);

1. Paypal.
2. Rakuten.
3. Google.
4. Facebook.
5. Microsoft.

As I said before... only one of these companies has to buy one Bitcoin startup and the others have to buy their own competing company by proxy (or start their own, which is more risky).
 

What we really need is people buying bitcoin for remitances- thats the frontier and future for bitcoin. Then we have billions coming into the system.

What i really need are a lot of bigger fools that are buying, to make be me become less of a bagholder.

FTFY
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME

Totally agree. Back then Bitcoin felt like it could really die...

But look at where we are today. The media is actually starting to take it seriously. There are tons of startups and an entire industry being forged.

Lest we forget that the goal of a startup is pretty much to either IPO Facebook style or get acquired by a company such as Facebook.

It is only a matter of time before Bitpay, Coinbase, or some other company gets aquired by a major player such as Facebook (evil!) or Paypal, Amazon, etc.

Once the first acquisition takes place the floodgates will open. The competition will have no choice but to acquire a competing Bitcoin company for fear that they could be left behind in this new industry...

My own prediction is that the first acquisition will come from (in order of likelyhood);

1. Paypal.
2. Rakuten.
3. Google.
4. Facebook.
5. Microsoft.

As I said before... only one of these companies has to buy one Bitcoin startup and the others have to buy their own competing company by proxy (or start their own, which is more risky).
 

What we really need is people buying bitcoin for remitances- thats the frontier and future for bitcoin. Then we have billions coming into the system.
hero member
Activity: 504
Merit: 500
Moderator
Few hours left to get 370+ 360$+350+$ for your precious BTC.
newbie
Activity: 27
Merit: 0
If the price of Bitcoins keeping lower my next buy will be at 300  Sad
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
going to the Moon is a choice we make  Grin



Were stocking fuel for Mars, don't cha know?

going to Mars is a suicide mission until they can have a space station around Mars

edit:

which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that...


Either Moon or Mars are nearly equally unrealistic.

Just because we saw the moon landing on TV does NOT mean that it actually happened.
I finally agree with you Wink
Van allen belt makes space travel for humans impossible.
hero member
Activity: 504
Merit: 500
Moderator
Facebook (evil!) or Paypal, Amazon, etc.

Amazon is totally evil as well

Bitcoin is totally evil as well!
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