Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15777. (Read 26652403 times)

I do understand that there is one dilemma that a lot of folks could have, and that is if you have a lot of time vested into some kind of JOB, and you don't necessarily want to leave that money on the table - so in that regard, if the timeline (of suffering in the JOB) is rather short, then it could make sense to be allow that to play out in order to be able to extract some value from that JOB.  Sometimes, early retirement can also be an option, but yeah some of the JOB's have minimum age requirements too, so if you have anything approaching 20 or more years in a JOB, but you have to stay an additional year or two or something like that in order to be able to collect, then it could be worth spending that time,... rather than just opting for "fuck you" right away, and without delay.... gosh.. 1000 coins... does almost seem as if "fuck you" could be a dilemma and tempting to just employ "right away", but without knowing how much value is there, it might not be prudent to leave some money on the table, too.

Sure, Bitfinex had several opportunities already to employ an exchange exit scam -

So now you'll have no reason to continue to post here, you'll delete your account and move on to dash forum??...Pretty please??

Or just stay here and continue to trolllololol

I doubt that "Jimbo wants one too."  

There is a kind of mentality of  wanting or hoping for dips, or just preparing for dips.  Those are two different concepts.  If a dip comes, make lemonade out of the lemons.  You don't hope or want lemons, you merely take advantage of the lemons situation comes, which is nearly inevitable that lemons are going to come, from time to time.


Bitfinex FUD is FUD, as you seem to admit, and even though the crash Bitfinex would not kill bitcoin, I don't know why anyone would hope for such a crash.  

Sure, Bitfinex had several opportunities already to employ an exchange exit scam - and seems quite improbable that they are going to employ such, when it is not really necessary, in spite of the mucho bullshit FUD being spread about them.

Regarding, kicking out USA customers, I have mixed feelings about it, since I was personally affected and kicked out of their exchange - but I cannot really blame them for their exercising business discretion or to credit them with any kind of bad or malicious motive because of such business decision.

Try counting them. You muppet

...if you have a lot of time vested into some kind of JOB, and you don't necessarily want to leave that money on the table - so in that regard, if the timeline (of suffering in the JOB) is rather short, then it could make sense to be allow that to play out in order to be able to extract some value from that JOB. 

Where's my Black Friday discount on BTC? This small 2% discount off ATH just isn't going to cut it. In fact, yesterday's dip wasn't even that big of a deal. I want a deep discount. Jimbo wants one too. I am sure.  

Maybe if I want a doorbuster, I'm going to have to go to Wal-Mart.  

https://www.youtube.com/watch?v=n_adgG8Ba2Q

I absolutely hate Bitfinex and believe the "FUD" about spoofy and Tether.   However, Bitcoin does not need Bitfinex for it's own viability. There are plenty of other exchanges. I don't know why some of these twitter OG are coming to the defense of Bitfinex. I think the BTC economy will be a whole lot better without them. I don't even mind that they kicked us US customers to the curb.

Oh, great.  Another noob à la gembitz going weeeee all over our thread.

The Bitcoin bubble will burst. It's time for a 'Bitpound'

 
Bitcoin is enjoying unprecedented growth this year, but its value fluctuates widely Credit: Dan Kitwood/ Getty
As I write, Bitcoin is trading at a new high of £6,305. If you had bought one Bitcoin in September, you could by now have made £3,860.

The relentless rise of Bitcoin - a digital currency that can be used to store and save money privately, without the need for banks or names - has defied all expectations. Some have even wondered if the financial experts who have called it 'a fraud' were being deliberately disparaging to protect their own interests.

Bitcoin has given good return to investors, but make no mistake: this is not a bonafide currency, and those who buy it are taking a mighty roll of the dice.

Sweden has put serious thought into launching its own digital currency; China’s central bank is actually testing a prototype

For a start, its value fluctuates widely. The current rally comes on the back of a steep fall last week that saw prices fall to $5,500. So, in a single week, its value increased by 47 percent. If your savings were in Bitcoin, you would go to bed not knowing if you'll be able to afford a Bugatti or just a baguette the next day. The constant fluctuations also mean Bitcoin cannot be used to price goods. And it is worthless as a medium of exchange as hardly anyone accepts it and even when they do, it costs up to $12 per transaction and can take hours to clear.

So, hype aside, Bitcoins are lottery tickets. They have no underlying utility. When the music stops, those left holding them will be burned.

One potential remedy is for central banks to issue their own digital tokens, to show what a real e-currency should look like. A BitPound would have the same value as cash and be backed by the Bank of England, making it stable and universally accepted. Sweden has put serious thought into launching its own digital currency; China’s central bank is actually testing a prototype.

So what could it do for us? Our economies are moving from cash to digital transactions -  cards now account for more than half of all payments in the UK, and online payments for more than one in ten. An e-Pound could make these payment systems fairer - because private payment providers wouldn't be able to exploit their market dominance and charge extortionate fees - and better protected from cyber attacks.

With BitPound deposits, there would be no threat of savings vanishing if banks collapse because consumers would have a direct claim on the central bank itself

An e-Pound would also help the UK fight fraud. Transactions would be linked to accounts at the BoE and so there would be a clear trail of all transactions from the moment a new currency is created. Some have even suggested making e-currencies trackable. While this does raise privacy concerns, it would stop everything from minors buying alcohol to money laundering and tax evasion.

Finally, BitPound deposits would be a secure way to save. There would be no threat of savings vanishing if banks collapse because consumers would have a direct claim on the central bank itself.

The problem is that creating this direct link between consumers and the Bank of England could deprive banks of the deposits they use to create loans. Banks, then, would have to redesign their operating models by, say, offering higher savings rates or the BoE would have to recompense them with the proceeds paid back to the public purse.

There are risks and unanswered questions, but it's time to think seriously about a BitPound - to expose private cryptocurrencies for the wild gamble they are, and make an increasingly digital payment system safe and robust.

So now you'll have no reason to continue to post here, you'll delete your account and move on to dash forum??...Pretty please??

Or just stay here and continue to trolllololol

Up we go Weeee