Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17038.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Quote from: Torque on June 08, 2017, 04:02:27 PM

Scenario:
Apocalypse happens, but the worldwide internet still works.
But you and your family find yourself starving for food, about to die.
You have 10- ~~1oz. gold coins.~~ gold plated bullets and a single stack 1911.

You get free food, probably without firing any shots, until the silver plated axe guy. ...

JamStrong

newbie

Activity: 9

Merit: 0

Quote from: lost_in_base on June 08, 2017, 04:11:25 PM

INCOMING!

PREPARE FOR THE DUMP

Im preparing for the dump on the moon

FractalUniverse

hero member

Activity: 1034

Merit: 558

Quote from: lost_in_base on June 08, 2017, 04:11:25 PM

INCOMING!

PREPARE FOR THE DUMP

now?
haha
i would be very surprised. charts are saying its going at least for retest of highs.

lost_in_base

member

Activity: 84

Merit: 10

INCOMING!

PREPARE FOR THE DUMP

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: Torque on June 08, 2017, 04:02:27 PM

Quote from: r0ach on June 08, 2017, 10:47:54 AM

It's because the noble metals are the most suitable thing for use as money on earth

Scenario:
Apocalypse happens, but the worldwide internet still works.
But you and your family find yourself starving for food, about to die.
You have 10- 1oz. gold coins.
You meet a man on the street that has two chickens.
You ask to buy one of the chickens.
He asks you if you have some bitcoin.
You say you don't.
You then ask him how much gold would he take for one of the two chickens.
He says all 10 of your gold coins.
And you know what? If you're family is starving, you'll give him all of them or you will die.

Congrats, you just paid $13K for one meal for your family, and now you don't have any gold coins left.
Even if you haggled him down to just 1 coin, you still probably overpaid.

Yeah, gold is so perfect as a form of barter. Grin

Punch him in face and take it.. shtf so no cops around.

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: r0ach on June 08, 2017, 10:57:53 AM

"Kraken Raises Bitcoin Withdrawal Transaction Fees to $7"

lol, fuck this rent seeking usury system.

It's going to be interesting to see how many blockchain cheerleaders are left when the transaction fees are like $50 and all transactions are faith based off-chain. The Gavinator did once say high fees are a great problem to have but I don't think he had this in mind. Another thing that's always amused me about bitcoin is how they renamed Orwellian police state where all transactions are traced and monitored to "blockchain" and suddenly people thought it was cool. What's up with that?

Watch for a decentralized payment channel mechanism to ease your trolling concerns.

Torque

legendary

Activity: 3766

Merit: 5380

Quote from: r0ach on June 08, 2017, 10:47:54 AM

It's because the noble metals are the most suitable thing for use as money on earth

Scenario:
Apocalypse happens, but the worldwide internet still works.
But you and your family find yourself starving for food, about to die.
You have 10- 1oz. gold coins.
You meet a man on the street that has two chickens.
You ask to buy one of the chickens.
He asks you if you have some bitcoin.
You say you don't.
You then ask him how much gold would he take for one of the two chickens.
He says all 10 of your gold coins.
And you know what? If you're family is starving, you'll give him all of them or you will die.

Congrats, you just paid $13K for one meal for your family, and now you don't have any gold coins left.
Even if you haggled him down to just 1 coin, you still probably overpaid.

Yeah, gold is so perfect as a form of barter. Grin

Wa(t)ch_night()

sr. member

Activity: 336

Merit: 250

Play2Live presale starts on 25th January

Quote from: ARTISTCOLONY on June 08, 2017, 02:51:59 PM

Quote from: savetherainforest on June 08, 2017, 01:56:42 PM

Quote from: keithers on June 08, 2017, 01:51:00 AM

I easily won my bet of btc passing 2k by the beginning of March. Now I'm setting up another side bet with the same person on the over under of btc hitting 3k by the end of this month. I have to choose this time because he took the under on the last bet. I'm torn because I'm thinking the under but I would prefer to lose the bet and haveit surpass 3k by end of June

It will go over 3k ... but I would advise the other person to stop betting against going down, because its going up! And you should know that everything under $5k is a dip till the end of this year!

$3000 is inching up closer then $5000 = new ceiling Cool

Do you expect $ 5,000 more this year? Something I really Believe in this Exodus has found a job. Although I do not mind. But it seems to me that the rate will be a bit of a benefit and this has already been sounded many times by some predictions.

Dexter770221

legendary

Activity: 1029

Merit: 1000

Altcoins don't give up:
https://videocardz.com/newz/first-look-at-pascal-based-gpu-cryptocurrency-mining-station

Just... LOL

ARTISTCOLONY

newbie

Activity: 56

Merit: 0

Quote from: savetherainforest on June 08, 2017, 01:56:42 PM

Quote from: keithers on June 08, 2017, 01:51:00 AM

I easily won my bet of btc passing 2k by the beginning of March. Now I'm setting up another side bet with the same person on the over under of btc hitting 3k by the end of this month. I have to choose this time because he took the under on the last bet. I'm torn because I'm thinking the under but I would prefer to lose the bet and haveit surpass 3k by end of June

It will go over 3k ... but I would advise the other person to stop betting against going down, because its going up! And you should know that everything under $5k is a dip till the end of this year!

$3000 is inching up closer then $5000 = new ceiling Cool

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: keithers on June 08, 2017, 01:51:00 AM

I easily won my bet of btc passing 2k by the beginning of March. Now I'm setting up another side bet with the same person on the over under of btc hitting 3k by the end of this month. I have to choose this time because he took the under on the last bet. I'm torn because I'm thinking the under but I would prefer to lose the bet and haveit surpass 3k by end of June

It will go over 3k ... but I would advise the other person to stop betting against going down, because its going up! And you should know that everything under $5k is a dip till the end of this year!

FractalUniverse

hero member

Activity: 1034

Merit: 558

Quote from: White sugar on June 08, 2017, 01:13:26 PM

if the chain is split then there will be the legacy and one or more other chains that will be like altcoins

It sounds like if they are about to create another litecoin(s) Huh

only this time with bitcoin somewhere in the name.

such wow Cheesy

White sugar

legendary

Activity: 1232

Merit: 1005

Quote from: Jantapw on June 08, 2017, 12:58:21 PM

If BTC hardfork...
then how will we send btc payments or do btc transactions ?

if the chain is split then there will be the legacy and one or more other chains that will be like altcoins

the legacy chain won't be changed, at least in the protocal

Jantapw

copper member

Activity: 364

Merit: 101

If BTC hardfork...
then how will we send btc payments or do btc transactions ?

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: cellard on June 08, 2017, 07:16:54 AM

Quote from: gentlemand on June 08, 2017, 05:43:15 AM

Quote from: Johnny00 on June 08, 2017, 05:17:15 AM

When are they going to decide? Bitcoin is losing a ton of market share https://www.forbes.com/sites/laurashin/2017/06/07/bitcoin-is-at-an-all-time-high-but-is-it-about-to-self-destruct/#286ea0a0cb31

That 'market share' isn't coming back. Crypto has diverged for good no matter how shitty or wobbly the different paths are. Different people are now doing different things under one very tenuous umbrella that should be abandoned. Anyone who didn't expect this is a silly sausage.

This is a good article on why "BTC domination %" on marketcap doesn't even matter:

https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4

Yes it does. Market cap is a terrible indicator of Bitcoin's dominance, but in this particular case it's accurate enough to say that people now care about ETH and several other cryptocurrencies.

To use arguments like "name me one merchant that uses ETH. You can't.", is meaningless. Bitcoin has very few merchants relative to the total amount, and it wouldn't be so difficult for ETH to have that low-level adoption as well considering the amount of work that people are putting into it.

A limited supply of Bitcoin is not the same as a limited supply of gold. There are only so many scarce physical objects to use, but there are an unlimited number of cryptocurrencies that can be created, and cryptocurrency-related tokens (ETH). So I can't see anything continuously staying relevant unless it's really deeply rooted in the world or it's superior to all alternatives in the eyes of the public.

Meuh6879

legendary

Activity: 1512

Merit: 1012

And remember, 2017 ... it's this, first :

julian071

hero member

Activity: 1132

Merit: 818

Quote from: ?? on ??

If you're here to make money with BTC, don't miss the Byteball airdrop tomorrow.
You can get 0.065GB per BTC you own, that's already 52 USD value and there will be others airdrops.
You just need to sign a message with your BTC wallet.
See: https://bitcointalksearch.org/topic/obyte-totally-new-consensus-algorithm-private-untraceable-payments-1608859

Thx brah

Meuh6879

legendary

Activity: 1512

Merit: 1012

Bubble.

Consolidation.

Consolidation + SegWit + LN =

(Double Bubble).

And this begin on 1st August.
We will broke the moon.

r0ach

legendary

Activity: 1260

Merit: 1000

"Kraken Raises Bitcoin Withdrawal Transaction Fees to $7"

lol, fuck this rent seeking usury system.

It's going to be interesting to see how many blockchain cheerleaders are left when the transaction fees are like $50 and all transactions are faith based off-chain. The Gavinator did once say high fees are a great problem to have but I don't think he had this in mind. Another thing that's always amused me about bitcoin is how they renamed Orwellian police state where all transactions are traced and monitored to "blockchain" and suddenly people thought it was cool. What's up with that?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: pfrtlpfmpf on June 08, 2017, 10:06:09 AM

Quote from: elite3000 on June 08, 2017, 10:02:50 AM

Quote from: pfrtlpfmpf on June 08, 2017, 09:50:31 AM

I think 2800 is about how much we could get from the asianz. 3000 will have to wait a little while.

or maybe the rest of the world will appear in drive the price above $3000 soon, who knows

Yes, never underestimate the "rest of the world" ! You wish !

Istanbul is Constantinople. They might buy some.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17038. (Read 26586534 times)