Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14631. (Read 26623412 times)

I do not rule out that his view on money may require some ‘upgrading’ 

Doge isn't a scam. It was incepted as a self-aware meme. And frankly speaking I'd be more willing to use Doge than fiat currency if the infrastructure existed. I wouldn't throw money at it, but in the case of a binary choice between fiat and Doge where Doge could be spent just as easily as fiat I would go with the latter any day.

That would be my vote as well, although I'm not completely sure based on what I've seen even so called quantitative Economists spout in institutions of higher education.

Yes, interesting read. On the other hand...

When I triple my slave time per day, I could triple my income.
When I triple my slave time per day and move to another part of my country, I could increase my income sixfold.
When I triple my slave time per day and move to a country next to mine, I could increase my income tenfold.

Choosing one of these options will increase my IQ?

I would not deny some sort of correlation between intelligence and income but argue location, EQ, blind ambition and pure chance are more important. The most intelligent individuals surrounding me have an average income (for my area). All high income folks I know seem to have an average intelligence. For sure it will be hard to harvest a high income for people with lower IQ. With other words, a higher IQ will increase your chance to have a higher income, not more or less.

I strongly believe that the altcoin market will become a modernized carbon copy of the equity markets. Once revenue participation becomes a factor smart money will flow into whatever is guaranteed to be profitable, and the sheep will eventually follow or get shorn, just like with stocks right now. The substantial differences will consist of more transparency (for established companies), more efficiency (lower fees, no closing of exchanges etc.), and easier access (which will also imply more scams and unsuccessful companies going "public" than with stocks).

The "cheap coin" bullshit that we can see on this forum every so often from newbies will eventually be fixed by "conventional wisdom" of the masses, which will end up as yet another predictor or tool for smart money.

Hmmm incompetent or liar? Hard choice, but I vote for liar.

"ECB board member Yves Mersch said on Thursday that “cryptocurrencies” are “not money, nor will they be for the foreseeable future.”"

So we either have a pathological liar or a donkey who doesn't understand what money is in the board of the ECB.

There was the most Volume since 2016 in the last few days? (bitstamp usd)

Ok then. Good luck putting your life savings in those marvels.

We have to give them props for being an honest joke. They are not trying to "take over the world" like bitconnect said they would do. They also dont claim attempting to kill btc by saying lies like "unilited scalability with zero fees" or scam people.

When or if you buy doge, you know what you get. So at least they are honest.

For me, bitcoin is the shitcoin. First of its kind, but useless. There is better coins for everything on the market. As soon as other coins will be traded agains USD instead of BTC, BTC will be dead.

Such hate. Wow.

I'm not saying dogecoin is the worst shitcoin, it was just mentioned, so I used it in my example. Of course there are worse. In the top 10 ripple being the standout.

But that means you have less competitors on the market. You can find a positive trait in everything.  
Let people live their lifes, give a chance but if the answer is "no" - let it go.


Took the words out of my mouth. It's still lot of garbage coins around and compare to them Dogecoin looks fine.

At least is still decentralized, and the inflation rate is known. There are several worse scams in the top 10 cryptos, not to say of the rest.

That said, the mass will be always scammed, in one way or the other. But being scammed with shitcoins is an huge progress because it's voluntary, so it teaches responsibility and it let ppl's awareness grow instead of being reduced to spoiled brats of the government.

Yeah that probably like everyone’s story in here...., So Many naysayers or most Classic ITS TOO LATE NOW ..., i still got a few friends i would like too see Going into bitlandia..... but Yeah iT is what iT is

hahahahahahaha...



Got a great chuckle out of that one, and I got much wow out of it, too.   

Are you guys telling me that if we properly advertise Dogecoin (yes, DOGE, much wow) that is going to be a valuable coin for the masses? I mean infinite supply, so cheap, much fun.
Insane

Don't get me wrong.  I cannot see the future with any kind of meaningful precision, and I don't think that any of us needs to see the future exactly.

 I am NOT asserting that the various attacks on bitcoin will not have various successes along the way to stifle bitcoin and to divert to mislead people into NOT buying bitcoin; however, it is also likely that BTC is also going to adapt to these various ongoing attacks - just like there was some adapting that took place within bitcoin because of the various BIG blocker attacks and hardfork attacks - whether from propaganda or actual actions of XT, Classic, Segwit2x, Bcash.. blah blah blah...

With the passage of time, even though various attacks on bitcoin and interest groups against bitcoin can attempt to consolidate and throw more resources at undermining bitcoin, there are also various ways that bitcoin has grown and has become stronger and less centralized and likely to carry on, even if some aspects of bitcoin are taken down by attacks.  

So, certainly, I am NOT arguing that bitcoin is some kind of monolithic existence but instead bitcoin is also like an organism, too.. that is all over the fucking place, and there is no central place to attack... When have we had this kind of new paradigm shifting phenomenon with proof of work spread over the planet and more computing power than any other system... and  bitcoin can grow and evolve too.. including ongoing developments like lightning network seems to cause bitcoin to become even less centralized and more powerful as a decentralized paradigm shifting phenomenon... .. still growing.. still growing.. and maybe even there are some set backs in bitcoin from time to time, too.. but it's pending death or demise is over exaggerated.

When bitcoin is $100k or $1million per unit, they are going to be even less affordable, but so fucking what?  Not everyone can own a whole bitcoin, and sooner or later that fact is going to sink in.  Right now, there are quite a few peeps who can relatively easily own 1million satoshis, but later on, even that goal is going to become more difficult for peeps to achieve.  So if they want to be bitcoin rich, they better get their asses onboard earlier rather than putting their money into some scam that may or may not help them in the BTC accumulation arena.