Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12993. (Read 26715991 times)

They get fucked in the ass by the biggest green dildo ever. Fact.

Well that just means that Petro has some functionality.

What would happen if White House applied the same rules for Bticoin?

"Blockchain as the technology of the future" though? That is almost right, but not quite. I think it's more like "bitcoin as the money of the future".

Peter Robinson: I just want to make sure I heard this right. You just called Larry Page and Sergey Brin, these geniuses who in 20 years have gone from zero to a company with a market cap of 870 billion at market close yesterday. You just called them delusional. I heard that right?
George Gilder: Yep. There are a lot of delusional, brilliant Marxists in the world.

Don’t touch the Petro unless you are willing to risk being accused of violating US sanctions

https://www.nytimes.com/2018/03/19/world/americas/trump-venezuela-sanctions-petro.html

The really amazing part of the Petro is that for the first time an entire nation will learn crypto oriented currency. Boom or bust, this is likely to be a noteworthy turning point in financial history.  

https://www.youtube.com/watch?v=cidZRD3NzHg George Gilder: Forget Cloud Computing, Blockchain is the Future
~transcript for d_eddie https://www.hoover.org/research/george-gilder-forget-cloud-computing-blockchain-future

Gilder argues that cloud computing, while it was the hot new technology ten years ago, has reached its limits as the physical limitations of big data storage centers maxes out. Improvements in parsing big data are incremental at this point, and it’s time for the next big technology to take its place. Gilder points to blockchain as the technology of the future, with its ability to prevent corruption and manipulation of transaction data and the infinite uses it could have in third world countries.
Gilder also discusses the history of technology, artificial intelligence, and the revolutionary bitcoin. He argues that artificial intelligence can never replace human intelligence and creativity and that in principle, it is impossible for machines to take over.

Ok. It's official.

I'm drying myself off for a bit.

With any luck, I shed 5 lbs of bloat in the next 7 days.

... and more importantly, Bitcorn heads towards $7k USD.

Sheeeit 

Russian oligarch's trophy wife, I would hazard a guess..?

The moment it is evident your word is worth NOTHING no one will ever trust you anymore. The moment Venezuela started expropiating corporates and revoking concessions no one would invest any single penny on it. That's not a case of bankster FUD, it's just reality... would you invest in Venezuela?

Petro will go NOWHERE. Remember it is not exactly a decentralised crypto... it is controlled by the Venezuelan government. So much for trust, uh?

The moment it is evident your word is worth NOTHING no one will ever trust you anymore. The moment Venezuela started expropiating corporates and revoking concessions no one would invest any single penny on it. That's not a case of bankster FUD, it's just reality... would you invest in Venezuela?

Petro will go NOWHERE. Remember it is not exactly a decentralised crypto... it is controlled by the Venezuelan government. So much for trust, uh?

Maybe Petro is an utter bleepcoin and its prolly a bad investment but I will use it to send money to my girl there in Venezuela cos she's stuck there for two months already getting her papers done. Currently I'm using BTC for that but the rates on the street are total ripoff with 10-20% fees when buying or selling, they say that's because of hyperinflation and traders have to protect themselves with high fees. If Petro gets listed on any decent exchange I'll be able to send her money instantly without being robbed extra 20%, simply don't care what will be its price when buying cos she can use it there immediately, in a country hit by hyperinflation that's a blessing, as well as the fact that Venezuela would have fast and cheap international money transfers independent from the Central Bank. If the people in Venezuela start using Petro in theirs everyday activities, it would be a big victory for whole crypto world. I'm kinda confident that they will use it since many of them depend on help sent from friends and relatives living in other countries and Petro would be cheapest and fastest way to do that, also they are prolly one of the top crypto-educated nations atm.
If I was a bankster I would be very worried now because if that works out fine for Venezuela then some other countries would follow as well

Right, but I can already hear the choir of bankster FUD.

"See what they got to? That country began going to the dogs the day they revoked concessions to the big corporations, and it was downhill from there. Now they even lost control of their own money. It's going to be a hemorrhage, I tell you. See that we never get to that!"

Good morning Bitcoinland.

Another day, another sideways... currently $6395USD/$8328CAD (Bitcoinaverage).

Ho hum, yawn, etc. Glad I don't have to worry about the price. It's more like checking the scores in sports.

I said I'd pull out my original investment when the price hit $4kCAD to buy some toys. That happened last year, except I only spent about half of what I put in so far. I still have to pay for my dental implants and new zirconia teeth, and build another house in Mexico. That should finish my original investment and  leave me with nothing but gravy.

That will leave me with new teeth, 3 properties and 2 houses in Mexico, and enough Bitcoin to live happily ever after. Of course the taxman also needs his cut, but only here in Canada. No taxes in Mexico. Even if the price drops to $4k, I'm still ahead of the game.

Life is good. Go Bitcoin go.