Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16230. (Read 26725474 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
great article.

Quote
I was hooked. But I still couldn't bring myself to talk about Bitcoin publicly.

Blockchain was easier to talk about – it made me appear to be on the cutting edge and allowed me to avoid the dirty looks and the hushed whispers that followed any mention of Bitcoin.  When I talked about blockchain, friends and colleagues would listen intently and engage me with questions about this wondrous new technology.  However, once I mentioned Bitcoin they would pull me aside and ask how I was feeling, not so subtly questioning my mental clarity.

Blockchain made me feel good, but there was something missing; there was something hollow about blockchain without Bitcoin. I went back and re-examined my first encounter with Bitcoin in an attempt to discover where we had gone wrong.


https://www.forbes.com/sites/briankelly/2017/10/24/why-bitcoin-matters-more-than-blockchain/#778f65a437ac

Yep, that guy gets it. Here's another good quote:

Quote
Without the currency, there would be no incentive for people to spend money on the computers needed to run the Bitcoin software.  Blockchain without Bitcoin replicates the same financial system already in existence.  There may be some efficiency gains through sharing private distributed ledgers, but blockchain without Bitcoin is not one of the most important innovations in the history of finance.

This finance guy grasps it, but for some reason Jamie Dimon cannot? Or does but won't cop to it...

The whole "blockchain is the  real game changer, bitcoin will fade" argument shows such a misunderstanding of what blockchain and bitcoin is and how it works.  You cannot have an immutable distributed ledger without the token.  The good news is those of us who are beginning to grasp the novel situation we have been in for 8 years still have time to exploit those who do not, or choose not to open their eyes.

I used to feel sorry for them.  But I don't anymore.  

Everyone makes their choices.
sr. member
Activity: 1176
Merit: 286
bitcoin gold dump in bitfinex : https://www.bitfinex.com/trading/BTGUSD Embarrassed
probabily price will drop 5 usd when btg listed in all site exchange
hero member
Activity: 569
Merit: 505
Kraken once was a nice place to trade. But indeed, the recents month it was mostly unusable.
hero member
Activity: 882
Merit: 1003
Kraken  is the worse broker exchange i have ever traded with. 90% of my orders get cancelled because their trading platform is too slow or not synced correctly. I expect to get an order confirmation in less than 1 sec. Not 30-45 sec then a timeout or crash.
sr. member
Activity: 579
Merit: 267
So Whats up with bitcoin gold?
The fork happend ore still gonne happen?
Witch Exchange site's are supporting btcgold??


CoinMarketCap lists it in "pre-launch" mode.

on bitfinex it's already active: https://cryptowat.ch/bitfinex/btgbtc/15m


Kraken isnt supporting?
So can i move my coins to bitfinex to get my free coins?
legendary
Activity: 3794
Merit: 5474
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
So Whats up with bitcoin gold?
The fork happend ore still gonne happen?
Witch Exchange site's are supporting btcgold??


CoinMarketCap lists it in "pre-launch" mode.

on bitfinex it's already active: https://cryptowat.ch/bitfinex/btgbtc/15m
hero member
Activity: 569
Merit: 505
So Whats up with bitcoin gold?
The fork happend ore still gonne happen?
Witch Exchange site's are supporting btcgold??


CoinMarketCap lists it in "pre-launch" mode. The fork already happened at block 491407.
legendary
Activity: 3794
Merit: 5474
great article.

Quote
I was hooked. But I still couldn't bring myself to talk about Bitcoin publicly.

Blockchain was easier to talk about – it made me appear to be on the cutting edge and allowed me to avoid the dirty looks and the hushed whispers that followed any mention of Bitcoin.  When I talked about blockchain, friends and colleagues would listen intently and engage me with questions about this wondrous new technology.  However, once I mentioned Bitcoin they would pull me aside and ask how I was feeling, not so subtly questioning my mental clarity.

Blockchain made me feel good, but there was something missing; there was something hollow about blockchain without Bitcoin. I went back and re-examined my first encounter with Bitcoin in an attempt to discover where we had gone wrong.


https://www.forbes.com/sites/briankelly/2017/10/24/why-bitcoin-matters-more-than-blockchain/#778f65a437ac

Yep, that guy gets it. Here's another good quote:

Quote
Without the currency, there would be no incentive for people to spend money on the computers needed to run the Bitcoin software.  Blockchain without Bitcoin replicates the same financial system already in existence.  There may be some efficiency gains through sharing private distributed ledgers, but blockchain without Bitcoin is not one of the most important innovations in the history of finance.

This finance guy grasps it, but for some reason Jamie Dimon cannot? Or does but won't cop to it...
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
can't wait for luke jrs' BitcoinLead with 1/4mb blocks Wink weeee

https://www.youtube.com/watch?v=ybTtI0pAN4c
sr. member
Activity: 579
Merit: 267
So Whats up with bitcoin gold?
The fork happend ore still gonne happen?
Witch Exchange site's are supporting btcgold??
legendary
Activity: 2338
Merit: 2106
great article.

Quote
I was hooked. But I still couldn't bring myself to talk about Bitcoin publicly.

Blockchain was easier to talk about – it made me appear to be on the cutting edge and allowed me to avoid the dirty looks and the hushed whispers that followed any mention of Bitcoin.  When I talked about blockchain, friends and colleagues would listen intently and engage me with questions about this wondrous new technology.  However, once I mentioned Bitcoin they would pull me aside and ask how I was feeling, not so subtly questioning my mental clarity.

Blockchain made me feel good, but there was something missing; there was something hollow about blockchain without Bitcoin. I went back and re-examined my first encounter with Bitcoin in an attempt to discover where we had gone wrong.


https://www.forbes.com/sites/briankelly/2017/10/24/why-bitcoin-matters-more-than-blockchain/#778f65a437ac

legendary
Activity: 3794
Merit: 5474
Today we are still good friends but i dare not bring up the subject of bitcoin
The same type of people who cannot see or grasp how high yearly inflation is making them poorer and poorer even if their yearly wage doesn't change or even goes up a little bit every couple of years. If your net worth is not rising at least 8-10%/per year on average and EVERY year, you are really falling behind and don't realize it. You need that just to have your purchasing power stay even.
legendary
Activity: 1279
Merit: 1018
All this talk about people & Bitcoin...

Over the years I have dealt with so many people asking about Bitcoin. It's uncanny how exactly alike all their thought processes are:

2013: wtf is this shit, it's a bubble, nerd money, governments will destroy it, it doesn't have any value because it's not regulated/controlled. It's too late to buy now anyway.
2014: told you it was crap nobody cares
2015: *crickets*
2016: I wish I bought Bitcoin a year ago. You are so lucky!! Now it's too late for me.
2017: I wish I bought Bitcoin a year ago. You are so lucky. Now it's too expensive for me. I realize I can buy just a fraction but my ego doesn't allow me to be content with just a fraction of an arbitrary numerical division of the thing. But have you heard about Ethereum? Or Shitcoin xyz? Someone said it's the next Bitcoin and it has been going up and I can actually afford to buy one! *proceeds to not buy anything*
2018: I wish I bought Bitcoin a year ago...

I don't care. I don't preach. All I do is explain the technology and its implications for society to those who show genuine interest. Why should I wish unjust rewards on those who clearly don't deserve them? Bitcoin is a revolutionary technology with a promise of changing society to the better. Because it is a monetary technology, those of us with enough vision to see the potential, risk our own money and enough nerve to hold through the FUD, haters, bear markets, hacks and laughter get rewarded. Simple as that. The guy who laughed it off in 2014 and felt he "missed the boat" in 2017 will end up buying some in 2023 together with his gradma.

This sums it up perfectly. I have a good friend that i introduced to bitcoin in 2013 when it was around $100. He was more or less convinced and pledged to buy 1 (both he and I were pretty broke at the time).
Alas he didn't and bitcoin went on its first big pump to $1200. He was not pleased. As btc crashed though, he became more confident that he made the right choice.
Today we are still good friends but i dare not bring up the subject of bitcoin
hero member
Activity: 569
Merit: 505
So, the previous correction was around 12% (~$5800 to ~$5100).
The recent low at ~$5300 was ~12% of the last ATH (~$6100). Time to go up again. Plz! Cheesy
legendary
Activity: 3794
Merit: 5474
Proof that banks are shitting their pants about Bitcoin.
https://bitnewstoday.com/news/bitcoin/steve-wozniak-bitcoin-is-better-than-gold-and-usd/

Quote
"Benjamin Lawsky, former New York state financial services chief, has held a speech at Money 20/20 as well. Cryptocurrency was mentioned by Mr. Lawski, as he told that he once rejected to “shut Bitcoin down” after a request from a bank lawyer. "
legendary
Activity: 2520
Merit: 3038
Decent dip in the last 24 or so hours. Large enough to make even Jimbo happy, probably. We'll know soon enough!  Cheesy

I managed to buy some more around $5600 (avg). Good enough for me. Still got some fiat for a pretty little accumulation.
legendary
Activity: 2268
Merit: 1278
with coinbase's recent announcement and jeff's new altcoin the B2X fork seems more and more unlikely. I hope the market will realize that soon, time to end this B2X fud and focus on 10k! Smiley
Would be nice, but no. There will always be fools ready to part with their money, so the promised splitcoins will happen. We have to get through it to move on, and in the end it will be proof that bitcoin can handle that kind of nonsense with no major issue.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
with coinbase's recent announcement and jeff's new altcoin the B2X fork seems more and more unlikely. I hope the market will realize that soon, it's time to end this B2X fud and focus on 10k! Smiley
legendary
Activity: 2268
Merit: 1278
Quote
The company and others that helped create and promote the cryptocurrency will retain 2 million metronome coins, out of an initial trove of 10 million to be auctioned off in December.

Emphasis mine  Roll Eyes Cheesy
Hmm. Nope, doesn't stink at all.
Jump to: