Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14839. (Read 26710020 times)

The New York Times: Worries Grow That the Price of Bitcoin Is Being Propped Up

What the fuck you talking about?  I thought that you wanted to get into some kind of battle about the supposed superiority of some asset backed phenomenon (such as something like a crypto being backed by gold).  Then you seem to have little to no ability to stay focused?  Grow the fuck up, Arriemoller, instead of attempting to assume whether some one is a teenager or not, or if you have some kind of "we" rock in your pocket. Try to stay on some kind of topic that is meaningful to this thread, if you are able to.  Por favor.

Neither, just would like people that I normally consider intelligent and sharp to differentiate between opinions and facts, we are not teenagers on facebook, (well, I'm not entirely sure about you).

He won't admit it, never has, but yes.

Nope.  Did not mean that, and you know, better....     You really want to talk about some kind of backing of an asset (bitcoin or otherwise) or merely get caught up with irrelevant nonsensicals?  hahahhaha



O..k..   sorry for getting all butt-naked there.   

uhhh...thanks JJG...uh...you can put your shirt back on man

I have a mind plot of 80000 at the end of this year, I'm still bullish.
The only thing that concerns me is the plethora of clonecoins that have plopt up lately, they might suck up some of the fiat that might otherwise haver gone to bitcoin. If so we might get a lower  price, but still much higher than the latest ATH in my opinion.

I get that feeling too sometimes, but as long as it stays the course I plotted in my mind I'm usually calm.

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa. 

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed. 

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

I guess I hope I haven't let a monumental, total one-off chance at financial independence slip through my fingers. That isn't to say I have a lot to complain about.

But dammit Bitcoin. You go up now!

We are ten times up since this time last year, look at the bright side.
Personally, this is exactly where i thought we would be at the end of 2017. so I'm still happy.

Nah, not always, but way too often.

It's been a hard slog this. I'm trying to be cool. But holy moly. :'

As does human nature, ensuring that it always ends the same.  Whoever is in charge of the money will eventually steal it.  Opinion, based on history.

It sure would.

look what the cat dragged in

I had hope once..

Would be nice, wouldn't it?

Well, I don't disagree with you on that. But you never know for sure, and hope springs eternal.