Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17731. (Read 26716090 times)

I think we all aware of the ETF decision next week and we here mostly agree it won't happen and therefore....

Small dump? Large dump?

I think we all aware of the ETF decision next week and we here mostly agree it won't happen and therefore....


Small dump? Large dump?

Yep....keanu reeves could pretty much kill BTC just from excessive memes...he is evil....lol )

I start to worry when that meme gets repeated airings.

^$1300 there is no walls ~ pluto likely * :-D

No, it does not.  Money is supposed to be boring - it's not supposed to "evolve" from a metal bar into a tarantula when you look away to the TV then back to it.  If it evolves it's not fungible, and what the hell is the molding force causing this evolution?  It's definitely not a nash equilibrium.  There would always be holdouts or people who want to evolve differently, and then the entire thing is just complete arbitrary nonsense of what cutoff level you set for voting.  That's mob rule, not anti-fragile.

Voting doesn't belong in money.  Voting is nothing but an attack vector.  It's like that sig you sometimes see that says "democracy is the original 51% attack".  A fork isn't an upgrade, it's an attack sanctioned by mob rule.  You have mob rule of the proletariat (users) vs oligarchy of capital owners (mining cartel).  The second these two factions have to come to the table against one another you probably just end up with a rough consensus attack and the whole thing blows up anyway because their interests are not aligned whatsoever.

If miners believe it's required to add inflation to bitcoin to fix the security model (which it probably is), then they would probably do something like that, while a giant portion of users wouldn't want their coins inflated and would switch to something completely different like proof of stake.  There is no fungibility, consistency, or anti-fragility in any of this.

^MOONS OF JUPITER ===> $1300 BREAKOUT!!! :-D HODL !!!

Moon Express has all the capital it needs to land on the moon in November or December of 2017. "The company's goal is twofold: 1) mine the moon for valuable resources, such as Helium-3, gold, platinum group metals, rare earth metals and water; and 2) help researchers develop human space colonies for future generations."

I was looking into bitcoin in Venezuela after hearing people claim you could buy months of food for 1oz of silver.  I looked into what bitcoin was going for there thinking it would also have a huge premium and it seems instead of a premium, bitcoin goes for less money than in normal, functioning countries lol.  I guess it makes sense because complex systems don't jump to more complexity when they implode (bitcoin), they go back to a more simple state.

droppings

I'm pretty sure gold will be almost worthless within 50 years, just wait untill the age of space mining starts.

this gold parity is amazing but during war.. i would prefer to have gold than BTC ))

Aleppo is currently a war zone. Which do you think the refugees would currently be better off trying to smuggle out of the city, bitcoin or gold?  Which would be easier?  Hmmm?

How do you buy bitcoin in Aleppo, solar powered, satellite smartphone?

Aleppo is currently a war zone. Which do you think the refugees would currently be better off trying to smuggle out of the city, bitcoin or gold?  Which would be easier?  Hmmm?

this gold parity is amazing but during war.. i would prefer to have gold than BTC ))