Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14534. (Read 26607494 times)

It's a common business practice to raise prices (fees in this case) when you can't service all the demand. So it is somewhat fair what they are doing, presumably until they scale enough to (adequately) attend a bigger user base. AOL was also more expensive than what earlier Internet users had (ie: free for one reasons or another).

So yes... maybe coinbase is our AOL. Let's just hope they do things right and other competitors also rise.

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK 
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie 
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

you might be confusing 'smartness' with something else entirely ... idiots educated beyond the level of their intellectual capacity is not a new phenomena .... probably the internet has just created a swag more of these dangerous fools .... case in point take jbreher with his dunning-kruger tendencies now leading him to write in overly-eloquent verbiage to convey trivial, and usually erroneous, meandering thoughts; then hops on his high-horse about a computer science and networking design matter that is clearly well-outside his grasp, and follows up to defend his bruised ego by championing a cause that is clearly to his economic detriment ... that fact alone encapsulates educated beyond their intelligence.

Coinbase support (or lack thereof) is very much AOL-esque. As is their infuriating slowness at times. Adoption - not so much. They insist on using less favorable exchange rates AND charging much higher fees on Coinbase than on GDAX. Makes no sense. As if they're deliberately trying to piss users off.

Why not start with yourself and leave the moralising to others till you have thought it through.

On glibness, start with yourself. Your stirring little speech coins the phrase 'to really have a man crush on s.o.'s ideology.' Glib. Let's hope future generations don't 'pick it up and run with it'. It's ugly, sloppy.

You descend into self-importance ('We';'historical';'guide';'forerunners'), and trite platitude ('the forerunners...society'), and error (your 'what ever' should arguably be 'whatever', your 'basic fundamental' is tautologous and downright annoying).

could say much more/can't be arsed

I actually expect the latter to happen in one form or another. The blockchain being the backbone of the financial world, but the mainstream believing that they are still using fiat. People don't like instability and uncertainty, even if it's beneficial to them.

It makes sense. Almost everybody has already heard of Bitcoin the same as Internet in 95-97. But way less than 1% got/use, so it is 93-95 in that.

Also in terms of development it is like when we only had telnet, ftp, email and irc (I always considered gopher useless).... and everything was command line/shell only.

It was the development of HTPP what transformed it into something "ready" for mainstream people.

I think we still lack that "http" of Bitcoin... but LN is surely a step in the right direction.

And it was major players like AOL what helped in its adoption... I am not sure Bitcoin already have its "AOL" or if we could consider Coinbase to be the equivalent.

We need a third layer solution with a stable unit of account.  Or a way of using Lightning but pricing everything in local currrency so it is fully automated and no one has to think in BTC or Satoshis. 

I'm not even sure if the mainstream will get into crypto the same way as us. I could see them using it as a replacement for Paypal and credit cards in the "far" future or in some more sophisticated form of cryptokittes. But the general population isn't into risks, especially if they aren't very obvious and layed out for you as if you were braindead (like modern games). And crypto is inherently fuzzy and unpredictable without an understanding of real world Economics or at least Statistics.

I agree, schools are only focusing on one way of teaching. It feels like how I imagine a car must feel like when it is being assembled in the factory.

It does not seem to happen around here (south of US) as there are lots of good cars around (mostly beemers and jags, though).
Not many lambos.

around 1995
got me my monster WIN 95 2 Gb HD (twice as much as most others at the time) system and 200MHertz processor
or something.
I got me my 56k modem and trolled on the Prodigy niteshift chat rooms when I worked 2nd shift.
I loved trolling the chatrooms. One in particular I'll never forget called "Prodigy Polite Chat"
my chat buddy dared me to go in there and type in all caps
HEY IS THIS WHERE ALL YOU POLITE MOTHERFUCKERS SHOOT THE SHIT!!?  
It was late I'd had a few and I'm a nerdy young asshat so I did   ...lol
Some dude answered back and I quote "no this is where we shoot assholes!! " lmao, great comeback bud!!
Anyway got banned for a week but we had a good laugh about it, and I can tell my grand kids the story when I'm in the nursing home....

You need a leasing agent who is working for you to take you around. 

What would be our Netscape moment? Or AOL temporary dominance?
Is Lightning a.k.a Netscape (without the IPO) and is Coinbase/Binance/Bitfinex, perhaps, the AOL equivalent?
Or, would it be something else out of left field?

Anyone earning ridiculous amounts of money will make people jealous. Coping with that jealousy would make most people miserable and depressed. Imagine parking your lambo then returning and finding someone jealous has scratched the paint work.

Throwing money at a problem is often a way to solve it fast with no fuss.  Doesn't exercise your brain much, but it's fun sometimes.  I spent too many years using ingenuity by necessity to switch to cash throwing directly, but its  getting easier - though the bold thought is constantly there!

I have run into this a lot, especially in foreign countries, when I need something and I am willing to pay for it. The difficulty of getting so many services makes me keep thinking in my head "do you hate money!?!". In Germany when I was looking for an apartment I felt like just driving down the street with a wad of euros in my hand shouting "I will pay you to rent a place, hell I'll over-pay!". I ended up just using AirBnB to find a place.

That are very high expectations lol
I personally think wealth does not create more happiness, only to a certain point can it make you happy. By making life easier and have the opportunity to pursue your goals.

In terms of awareness it is probably 1998 but adoption wise it is probably around 1995 with just the university kids on the Net. Cool colleagues have just started trading crypto but the rest is still ignoring it. Some probably will the rest of their lives 

Tera:  you have been very quiet lately. Care to share your thoughts on the state of the market?  Do you think we are still shaping for a bull trap or is this the real deal ^TM?