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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19603. (Read 26608802 times)

hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
Bear whales taking advantage of negative news to juke the markets in an attempt to steal from weak hands. Don't fall for it and penalize their insolence by taking their coins.


Oh. Good. God.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

Ow, ow, ow! It hurts in my digital wallet!
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I thought that bitcoin was a honey badger

That's exactly the point Cheesy
hero member
Activity: 824
Merit: 712
Ok, new proposal on block size. 1mb max limit for transactions with no or micro-fee attached. No block size limit for transactions with a fee attached that is at least 90% of the average fee over the last 1440 blocks. Now go make it happen and stop dumping.
sr. member
Activity: 284
Merit: 250
Crypto Future here i come
Hey, what is happening?  Back below $380?

I thought that bitcoin was a honey badger in a titanium armor, protected by patahashes of math and a bajillion moogawatts of electric juice. 

But then a single whiny blog post, by a young loner who had already left the stage, brings the price down by 20% in a few hours? 

How is that?

[/troll]

I think there is so much truth found in this drop.... the true bottom for bitcoin is where remittance utility and payment utility create an equilibrium on the exchanges..... My guess is that true bitcoin utility is 10% of where we are today.... the rest all FUD, and PUMP, and DUMP

No No i don´t think its all FUD n Pum n Dump
https://www.youtube.com/watch?v=1w_XuOBnUAg
legendary
Activity: 1320
Merit: 1007
I am predicting a drop to 350 ish fairly soon... then moon within the next 6 months.

Bingo xD
legendary
Activity: 994
Merit: 1035
Bear whales taking advantage of negative news to juke the markets in an attempt to steal from weak hands. Don't fall for it and penalize their insolence by taking their coins.

This ecosystem is so complex and constantly evolving that there is no consensus on rationality.

I have far less faith in humans than you do I am afraid.

No faith is necessary, as the complexity you cite is what gives birth to moments of solidarity.
legendary
Activity: 1639
Merit: 1006
Hey, what is happening?  Back below $380?

I thought that bitcoin was a honey badger in a titanium armor, protected by patahashes of math and a bajillion moogawatts of electric juice. 

But then a single whiny blog post, by a young loner who had already left the stage, brings the price down by 20% in a few hours? 

How is that?

[/troll]

I think there is so much truth found in this drop.... the true bottom for bitcoin is where remittance utility and payment utility create an equilibrium on the exchanges..... My guess is that true bitcoin utility is 10% of where we are today.... the rest all FUD, and PUMP, and DUMP
legendary
Activity: 1639
Merit: 1006
solidarity?Huh what planet are you living on.... this is wild west, war zone, chaos rule, dystopia we are in and will be in for ever.

Solidarity exists within the "wildwest" as we are speaking about humans with complex incentives and needs. Solidarity is a form of selfishness practiced by rational actors(and yes, humans can sometimes be reasonable)

This ecosystem is so complex and constantly evolving that there is no consensus on rationality.

I have far less faith in humans than you do I am afraid.
hero member
Activity: 910
Merit: 1003
Hey, what is happening?  Back below $380?

I thought that bitcoin was a honey badger in a titanium armor, protected by patahashes of math and a bajillion moogawatts of electric juice. 

But then a single whiny blog post, by a young loner who had already left the stage, brings the price down by 20% in a few hours? 

How is that?

[/troll]
hero member
Activity: 824
Merit: 712
Better dump everything now. This is going to negative digits!
legendary
Activity: 2170
Merit: 1094
With the latest dumps, daily MACD crossed to negative on all exchanges, including mainland Chinese ones.
sr. member
Activity: 284
Merit: 250
Crypto Future here i come
legendary
Activity: 1639
Merit: 1006
Consensus is forming, brace yourselves
The 21 million cap should also be raised. It is an obstacle for bitcoin growth and adoption. People have no incentive to own bitcoins if they can't  afford to easily purchase at least 1 bitcoin. This is why this cap should be removed. First double it then quadruple and then "classic" unlimited bitcoin will be the final solution.

WTF is this about.... you are insane.... we just need to numerate transactions by a uBTC.... get real
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Cryptsy dying a slow and painful death

http://www.coindesk.com/digital-currency-exchange/

There's something very "controlled demolition" about all of this. Paul Vernon was in army intelligence after all.

Paul Vernon had at least one contact in the Secret Service intelligence community. That Coindesk story says Cryptsy had a relationship with the former Secret Service agent Shaun Bridges who was sent to prison for money laundering. It will be interesting finding out what the relationship was.

Quote
The post also claimed that the company had a prior relationship with former Secret Service Agent Shaun Bridges tied to "an unrelated matter". Bridges was sentenced to five years and eleven months in federal prison in December following his conviction on obstruction of justice and money laundering charges.

so Cryptsy is operation linked to intelligence services has substantial funds "stolen", possible inside job, that are dumped on the market the same day 'limited hang-out' huckster hearn is posting FUD hit piece articles (in NYTimes) coordinated with his new employers bankster consortium R3 testifying to Washington??

sounds legit, legit spook tactics.
legendary
Activity: 3431
Merit: 1233
Consensus is forming, brace yourselves
The 21 million cap should also be raised. It is an obstacle for bitcoin growth and adoption. People have no incentive to own bitcoins if they can't  afford to easily purchase at least 1 bitcoin. This is why this cap should be removed. First double it then quadruple and then "classic" unlimited bitcoin will be the final solution.
legendary
Activity: 994
Merit: 1035
solidarity?Huh what planet are you living on.... this is wild west, war zone, chaos rule, dystopia we are in and will be in for ever.

Solidarity exists within the "wildwest" as we are speaking about humans with complex incentives and needs. Solidarity is a form of selfishness practiced by rational actors(and yes, humans can sometimes be reasonable)
member
Activity: 84
Merit: 10
Oy vey! There go my shekels Cry
legendary
Activity: 1639
Merit: 1006
I love P2P pool, yes that is a great plan, but manufacturers are too greedy and want all of the profits. However, we should be DDOS every large miner constantly making it hell to scale as one entity. Make the cost of doing business as a large miner not worth it.... better to sell your miners to people and try and make money that way.

Encouraging a more combative environment instead of a collaborative environment can lead to potential consequences. I>E> Right now bitfury has indicted they are going to sell their new chips to the widest group of people to insure decentralization, similarly some chinese mines will lease hashing power to their competitors in solidarity without profit if there is a power outage.

Encouraging DDOS attacks will break these bonds of solidarity that lead to greater security.

There are other incentives that naturally promote decentralization that we can focus on -

1) The costs to secure a large mining farm are much more than 10k routers with mining chips in many homes. One requires no extra security, and the other is a target

2) Centralized mining farms have to deal with excessive heat which requires cooling and elaborate ventilation costs while thousands of individuals with small miners can recycle the heat and not worry about excessive heat

3) The liability of fire and damage from failed cooling systems is large with a mining farm , vs almost no liability for millions of small utility miners

ect...

solidarity?Huh what planet are you living on.... this is wild west, war zone, chaos rule, dystopia we are in and will be in for ever.
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