Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16494.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: yermom on September 03, 2017, 11:13:39 AM

btw is there any real possibility of both bitcoins going upwards? Like some kind of cooperation/competition without offenses flying over our heads.
Just asking, not a tech person
Maybe this hasn't to be bad at the end, for either "side"

Both Bitcoins?

There is one Bitcoin and one Altcon.

yermom

member

Activity: 98

Merit: 10

btw is there any real possibility of both bitcoins going upwards? Like some kind of cooperation/competition without offenses flying over our heads.
Just asking, not a tech person
Maybe this hasn't to be bad at the end, for either "side"

yermom

member

Activity: 98

Merit: 10

Or we are going to another H&S+wedge+C&H
Or this is the mother of all DCBs

Get ready!

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Good AM Bitcoinland.

Wow. Did it again. Woke up just in time to see the price go sub-$4.4kUSD, threw on clothes, ran over and bought the bottom (so far) at a 1.9% buy fee. Unfortunately I forgot to check to see how much cash I was carrying and found I only had $200 with me. Of course I spent it.

By the time I got home to get more dollars, the fee had risen to 2.3% (now it's up to 4%) and the price had risen as well... currently $4490USD/$5566CAD (Bitcoinaverage). Snooze you lose.

I'll keep an eye open for another dip to buy. This correction might go a wee bit deeper yet. In the meantime, every new egg in the nest is welcome.

Meanwhile AltcoinCash is hanging in there at $580USD/$720CAD.

Quote from: d_eddie on September 03, 2017, 09:13:41 AM

Jimbo must be tired of walking back and forth by now... Cheesy

I never tire of buying the dips. Also at my age, I need all the exercise I can get. Cool

Neo_Coin

sr. member

Activity: 1204

Merit: 293

"Be Your Own Bank"

Everything that goes on, always comes down. This isn't quantum physics. It's like the second law of thermodynamics.

https://image.prntscr.com/image/cnfRgAzHQ5KbQR2Q7c63Lg.jpeg

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

fabiorem

sr. member

Activity: 1400

Merit: 347

Bitcoin is dead. I'm mourning for it already.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: d_eddie on September 03, 2017, 09:13:41 AM

Buying dips as well. It feels like some bearwhale playing dumpy dumpy on low liquidity. Shaking the tree while banks are closed for the long weekend.

Long weekend is only for the US. Other bitcoin markets are much more important for price movements.

d_eddie

legendary

Activity: 2520

Merit: 3038

Buying dips as well. It feels like some bearwhale playing dumpy dumpy on low liquidity. Shaking the tree while banks are closed for the long weekend.

Jimbo must be tired of walking back and forth by now... Cheesy

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

Next week probably. Buying every dip.

El duderino_

legendary

Activity: 2744

Merit: 13618

BTC + Crossfit, living life.

When do we fly up again

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

I can remember issues with exporting PlayStation 2's because the tech was considered powerful enough to guide missiles. The problem is that we have relatively open borders which cannot be shut down completely without serious economic effects. It is either security or freedom. And we all know that choosing security over freedom means no security and no freedom in the end Grin

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: conspirosphere.tk on September 03, 2017, 06:01:52 AM

Maybe you're too young to remember that there was a prohibition of exporting pgp tech out of the US, until it was abolished after it leaked anyway.

I do remember that. Crypto was treated as a weapon, so code couldn't be exported. But books could, so there were chapters full of code printed in OCR-friendly fonts.

It's hard to ban ideas.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: 600watt on September 03, 2017, 05:24:51 AM

asking the "governments-will-outlaw-bitcoin" people:

has there ever been a major breakthrough in IT that has been outlawed? where is the historic precedent? and while you at it: please put together a list of technologies that have been invented but have been outlawed. and forget biological stuff like "cloning humans" - cloning mammals is not illegal, cloning humans is of course, but it did not stop the technology.

Maybe you're too young to remember that there was a prohibition of exporting pgp tech out of the US, until it was abolished after it leaked anyway.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: 600watt on September 03, 2017, 05:24:51 AM

asking the "governments-will-outlaw-bitcoin" people:

has there ever been a major breakthrough in IT that has been outlawed? where is the historic precedent? and while you at it: please put together a list of technologies that have been invented but have been outlawed. and forget biological stuff like "cloning humans" - cloning mammals is not illegal, cloning humans is of course, but it did not stop the technology.

they don't outright outlaw.

they subverted tech - cf windows and systemd utterly useless for computing
or pwned it - cf tor, the internet, gsm phones, intel/amd chip backdoors
or now create alts - syscoin, labcoin, ethereum, bcash

but you're right. nothing can be done to outlaw bitcoin.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Meuh6879 on September 02, 2017, 05:05:27 PM

Good article : https://steemit.com/bitcoin/@wekkel/bitcoin-vs-gold-debate-intensifies

Quote

shutdown by Governments

The following paragraph goes into the matter of a shutdown of Bitcoin exchanges by Governments:
"A more likely scenario is that governments or hackers shut down Bitcoin exchanges. In fact, back in 2014, there was the infamous Mt. Gox hack, in which over 800,000 coins were stolen and almost caused the end of Bitcoin. The owners of cryptocurrencies must hope that governments never shut down the exchanges or websites that enable these electronic transactions. Governments can try to ban gold ownership, but that must be done on a door-to-door basis and is extremely difficult to accomplish. But to place confidence in cryptocurrencies is to put faith that governments cannot control the internet."

I see a lot of different arguments mixed together. If I understand Michael correctly, the arguments boil down to the following:

governments/hackers may shut down Bitcoin exchanges
the Mt. Gox hack almost caused the end of Bitcoin
governments can shut down exchanges and websites and thus shut down cryptocurrencies
banning cryptocurrencies is easier than banning gold

While government interference certainly plays a role, I consider it kind of a black thought that governments would completely ban cryptocurrencies. That would be token of a total lack of trust in current governments.

asking the "governments-will-outlaw-bitcoin" people:

has there ever been a major breakthrough in IT that has been outlawed? where is the historic precedent? and while you at it: please put together a list of technologies that have been invented but have been outlawed. and forget biological stuff like "cloning humans" - cloning mammals is not illegal, cloning humans is of course, but it did not stop the technology.

Bitmore

full member

Activity: 413

Merit: 100

https://eloncity.io/

Quote from: drbrockcoin on September 03, 2017, 04:28:50 AM

Quote from: Last of the V8s on September 03, 2017, 04:05:14 AM

Fellow Bitcoiners salute Most Illustrious Comrade Kim for blessed successful underground anti-yank bomb testing.

HAHAHAHAA

How big is your dick TRUAMP

Bigger than a Nimitz class carrier!

The world may burn, but bitcoin will make us rich!

And I might be so bold as to suggest some nuclear hardened, radiation sealed vacation properties in New Zealand!

spiderbrain

legendary

Activity: 889

Merit: 1013

Thanks for the feedback, guys. see you on the other side of the wedge!

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

It's also a slap in the face for Presidents Wu and Buterin er I mean Xi and Putin.

RealMachasm

member

Activity: 187

Merit: 25

Quote from: drbrockcoin on September 03, 2017, 04:28:50 AM

Quote from: Last of the V8s on September 03, 2017, 04:05:14 AM

Fellow Bitcoiners salute Most Illustrious Comrade Kim for blessed successful underground anti-yank bomb testing.

HAHAHAHAA

How big is your dick TRUAMP

I, for one, would rather not rely on the length of someone's genitalia to determine if we should go to war.

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