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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17479. (Read 26715073 times)

legendary
Activity: 1260
Merit: 1000
And someone didn't want to accept my statement that bitcoin is a currency and not money so I had to explain in greater detail why:

Bitcoin is a currency not money.  If you don't agree, YOU don't understand finance.  It's a Rube Goldberg machine and nothing more.  No random bullshit made up of completely arbitary variables created by humans is money.  Money represents goods and services or the ability to do work.  It's required to be connected to some type of commodity or energy resource if you're abstracting the system away from barter, otherwise the system is easily gamed and implodes as always.

Bitcoin is not a real commodity, it's a poor immitation like some type of tranny.  The sunk cost in so called "creating" a bitcoin in the past does not transfer into delivering anything tangible into the future.  It's more like a steady state system that can catastrophically fail and vaporize all imaginary "wealth" attached to it at any time - the glaring trait of all currencies past and future.  One of the main reasons the noble metals are valued as money (gold and silver) are the anti-corrosive properties to defeat time itself, which guarantees you the ability to transfer that unit of account from the past to future, UNLIKE bitcoin.
legendary
Activity: 1260
Merit: 1000
Jim Rickards says "climate change" is just a made up trojan horse for the jews to try and impose global govt (aka global usury slave system):

https://youtu.be/1nxdsabMYI0?t=1262
copper member
Activity: 2898
Merit: 1465
Clueless!
But for the same reason I would love to keep my heavy weight transactions off the grid.

Then we need a middle ground. Perhaps sandwich purchases are the sweet spot so our descendants can check what we ate. Everything above or below that needs to be in the dark.

porn..who had the best porn seaches of the 21st century on the bockchain.....hell ...may as well in that the Congress just allowed ISP's to sell our individual search info

(soo...doomed.....all them "lonely babysitter sites" (so...ashamed..not really but now that they can read my searches ...time to fake being contrite) Sad

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
But for the same reason I would love to keep my heavy weight transactions off the grid.

Then we need a middle ground. Perhaps sandwich purchases are the sweet spot so our descendants can check what we ate. Everything above or below that needs to be in the dark.
legendary
Activity: 2310
Merit: 1422
Thanks, hilarious =)

Who thinks that every coffee or beer they purchase with bitcoins should be written in the history books and never forgotten by future generations?
Only people with "unlimited" stupidity or "unlimited" ego do!

Brilliant comment becoin.
But for the same reason I would love to keep my heavy weight transactions off the grid.
legendary
Activity: 3431
Merit: 1233
Thanks, hilarious =)

Who thinks that every coffee or beer they purchase with bitcoins should be written in the history books and never forgotten by future generations?
Only people with "unlimited" stupidity or "unlimited" ego do!
member
Activity: 107
Merit: 11
Funny but not really accurate Smiley
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
legendary
Activity: 1245
Merit: 1004
BU hashrate now 50,7%
 Sad
Segwit hashrate: 45.65%

It is pretty much the same as it was back at 35% vs 30%. Nothing changed. I wonder where the Price would be if there was no BTU attack panic recently. Roll Eyes
We are only fucked when BU + Segwit > 100.00% until that day a healthy standoff struggle works for our favor.
1300$ probably, since that's been the level before the panic.
sr. member
Activity: 373
Merit: 250
Far too much commentary on alt trading in here lately.  Angry




full member
Activity: 151
Merit: 111
BTC HODLer
Creditbit champion
Iconomi co-conspirator

really? lame
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good afternoon Bitcoinland.  

Just got home but I see we're still going mainly sideways... currently $1063USD (Bitcoinaverage).

It seems strange that only Bitcoin media are reporting the new digital currency laws in Japan. There's nothing in the mainstream so far.

Hmmm.
______

Edit: I see I'm a PIVX ambassador for April 1. Had to google that one.

At first I thought it said DIVX ambassador. That might have been closer to the truth back around the turn of the century. Ah, the early days of ripping and transcoding.  Smiley

Instead it turned out to be just another lame altcoin.  Sad
sr. member
Activity: 366
Merit: 261
I have inside news that Gox will open again, they will pay to their old customers what they can when they open, then refill their wallets with the trading fees, like Poloniex did.

They will also accept Litecoin

Now you know why Bitcoin and Litecoin are skyrocketing, buy while you can
I have heard that there are investors buying up Mt Gox coins from people, because they think they can sue the shit out of Mt Gox, and get it back.

 Is there any further update on that, and could that be a reason for the price to fluctuate?
Well, these "investors" didn't contact me to buy up my Goxcoins...
Also, if there will be a fork, will I have Goxcoins on both chain?
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
BU hashrate now 50,7%
 Sad

That presumably includes the F2 pool thingy April Fools, let alone variance, in which case there's zero point in paying attention to it. Give it a day or two and then look again.
legendary
Activity: 2674
Merit: 3000
Terminated.
BU hashrate now 50,7%
 Sad
Segwit hashrate: 45.65%

It is pretty much the same as it was back at 35% vs 30%. Nothing changed. I wonder where the Price would be if there was no BTU attack panic recently. Roll Eyes
sr. member
Activity: 366
Merit: 261
BU hashrate now 50,7%
 Sad
hero member
Activity: 756
Merit: 1000
I actually did have some peercoin back in the day......  Cheesy
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