This wasn't predictable at all!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19164. (Read 26608069 times)
February 27, 2016, 08:22:28 PM
B..b.b..but I thought Gregory Maxwell had bullish smart contracts that were going to revolutionize the auditing and verification of assets without knowing the owner of those assets? Grandma was gonna use SNARKS and CT's without even knowing it!
This wasn't predictable at all!
This wasn't predictable at all!
February 27, 2016, 08:16:49 PM
Oh shoot... It's falling further 
February 27, 2016, 08:12:06 PM
wait no, unfortunately we fall short of this thread 
http://www.gaiaonline.com/forum/chatterbox/mpt-let-s-get-this-thread-to-a-million-pages-original/t.1488895_13728751/
but that one is literally 100% garbage posts all posted for the sole purpose of getting to page 1million...
http://www.gaiaonline.com/forum/chatterbox/mpt-let-s-get-this-thread-to-a-million-pages-original/t.1488895_13728751/
but that one is literally 100% garbage posts all posted for the sole purpose of getting to page 1million...
I just saw the thread, it's complete BS.
One day, this thread will be featured in mainstream media, mark my words.
February 27, 2016, 08:00:48 PM
February 27, 2016, 07:55:05 PM
...
don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.
>70% chance it resolves down IMO
don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.
>70% chance it resolves down IMO
Actually I expect a little pump first, fail to break resistance and then down. And the evolution of the bid sum on Chinese exchanges favors a pump.
I might shit myself if the pump does break resistance though...
Where's the resistance Tzupy? Maybe around $438, or would you place it higher, like $448? I personally consider it to be around $438... but I'm just kind of guessing (like most of us).
The (little?) pump started, as for resistance, I guess about 15$ from the starting point, in the bearish short term scenario. If it breaks 450$, I'll buy the next dip.
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.
February 27, 2016, 07:51:00 PM
is crypto done?? 
February 27, 2016, 07:49:21 PM
Side note: this thread has become the longest & fastest growing thread on the internet
Maybe you could move this thread onto your own website and then take over the world?
February 27, 2016, 07:38:45 PM
wait no, unfortunately we fall short of this thread
http://www.gaiaonline.com/forum/chatterbox/mpt-let-s-get-this-thread-to-a-million-pages-original/t.1488895_13728751/
but that one is literally 100% garbage posts all posted for the sole purpose of getting to page 1million...
http://www.gaiaonline.com/forum/chatterbox/mpt-let-s-get-this-thread-to-a-million-pages-original/t.1488895_13728751/
but that one is literally 100% garbage posts all posted for the sole purpose of getting to page 1million...
February 27, 2016, 07:27:46 PM
Side note: this thread has become the longest thread on the internet
This is not true.this thread has >300,000 replies
biggest one i could find had 44K replies
Plus, when Bitcoin goes more mainstream, you won't find time to read the pages of replies.
We as a community, deserve this success, and our bright is so fuckin' bright !!
February 27, 2016, 07:25:34 PM
Side note: this thread has become the longest thread on the internet
This is not true.this thread has >300,000 replies
biggest one i could find had 44K replies
February 27, 2016, 07:24:12 PM
Side note: this thread has become the longest thread on the internet
This is not true. February 27, 2016, 07:19:58 PM
Side note: this thread has become the longest & fastest growing thread on the internet
February 27, 2016, 07:02:48 PM
February 27, 2016, 06:08:47 PM
Bitcoin is still but an infant.
It's still a fucking sperm, man. Now those other dudes are coming behind it, too... better reach that egg soon.
lol, I'm not sure if this comes from the molecular biology aspect or is a reference to one of my posts, but well put.
February 27, 2016, 06:00:47 PM
February 27, 2016, 05:59:17 PM
Bitcoin is still but an infant.
It's still a fucking sperm, man. Now those other dudes are coming behind it, too... better reach that egg soon.
thats fud, bitcoin already won. just give it time (for everybody to submit).
or you can buy mEth-ereum like the rest of the crackheads.
February 27, 2016, 05:45:57 PM
Bitcoin is still but an infant.
It's still a fucking sperm, man. Now those other dudes are coming behind it, too... better reach that egg soon.
February 27, 2016, 05:37:42 PM
The gorf is a new technical indicator to me 
There is pent up worldwide demand for bitcoin. We may be imminently headed for $6000 BTC.
I'm not joking. Lets see.
Bitcoin has had a battering from the media for the best part of 6-7 years. Plenty know about it now. It has been superseded technologically and none of those assets even made a dent in its marketcap.
It has been superseded institutionally because we now know that banks all over the world have been running their own blockchains. But none of them even made a dent in Bitcoin's marketcap.
It has been superceeded strategically because we now have smart-contract based blockchains galore, yet, even none of those blockchains even made a dent in bitcoin's marketcap.
What will banks do when they discover that the value isn't blockchain, it's bitcoin ? What will they do when they discover that blockchain is dirt cheap, can be reproduced a million times over and actually isn't much more useful technologically than an SQL server worth $1000 bucks ? What will they do when they discover that bitcoin isn't dirt cheap, can't be replicated, can't be bought, can't be regulated and can't even be matched for hashpower with the combined budgets of all the world's banks put together ?
Bitcoin is going to be in demand by $7 billion people. Not for technological reasons, for monetary reasons. It is a perfected token both monetarily and sociologically. It is beginning to successfully conclude its "rights of passage" phase and just shortly, $400 now is going to look like $1 did back in 2010.
$6000 per BTC, did you get that from the Gox Field interferometer? Anyway, my belief has been and still is up. Be careful thinking the king cannot be usurped from his throne though - at a $6 Billion mcap, Bitcoin is still but an infant.
February 27, 2016, 05:36:50 PM
... system used for central heating for nearby houses or office buildings. 40-60 degrees celsius through radiators makes sense. ...
Forced hot water heat temp is 82-98C. 40-60 for radiant heat (not really common).Would have to be fairly special houses -- central heating (for apartments) usually means *steam* heat (convenient, because no return pipes with steam).
That's part of the problem. It's difficult to retro-install the systems, you basically have to build the neighborhood at the same time as you build the data center. I can't find where I got this from but i think they might have used underfloor heating.
I'd like to chime in on this. without an expensive series of closed loop systems or a constant source of cold freshwater, you're gonna need a system which utilizes the Latent Heat of Vaporization to get enough heat out to work and be cost-effective. That's going to be difficult to do when your coolant has a boiling temp of 100 degrees Celsius at 1 atm pressure. It's doable, but there's no money in it.
You'd need a secondary coolant system with some kind of refrigerant in it with a much lower boiling temp, a heat exchanger, pumps, valves and piping. Then you need a power source for the pumps. ROI on this kind of investment is calculated in decades, not years.
I was a nuke plant operator and you constantly have to explain to engineers that something being technically possible and being economically viable are two entirely different things.
February 27, 2016, 05:23:24 PM
When you really sit down and work through possible options with businesses, as I have done, they typically don't want on-chain scaling.
Think about it: if you are a business, why would you want a solution that involves your competitors being able to figure out how much you are paying your suppliers, or how much your customers are spending on your product? On-chain bitcoin transactions, even when used well, do a piss-poor job of hiding this information. I know it may run counter to the mob wisdom of this subreddit, but this is actually preventing a number of industries from adopting bitcoin.
Business types.
https://np.reddit.com/r/btc/comments/47kme0/bitcoin_classic_2016_roadmap_announcement/d0ewnqb
Think about it: if you are a business, why would you want a solution that involves your competitors being able to figure out how much you are paying your suppliers, or how much your customers are spending on your product? On-chain bitcoin transactions, even when used well, do a piss-poor job of hiding this information. I know it may run counter to the mob wisdom of this subreddit, but this is actually preventing a number of industries from adopting bitcoin.
Business types.
https://np.reddit.com/r/btc/comments/47kme0/bitcoin_classic_2016_roadmap_announcement/d0ewnqb
What's ideal of course is the option of anonymity or radical transparency, which you can only have with on-chain scaling. You can't cheaply mix coins with high transaction costs. LN payment channels increase transparency because rarely are your vendors and customers the same people, so you deal with third party middlemen who are all up in your bidness.
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