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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19768. (Read 26630344 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
https://bitcointalksearch.org/topic/m.169810
While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.

I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.

I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it.  I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.  

I wonder how much they paid him for his account? Or his soul?

Yeah, that was me. I had no idea there was a scaling problem back then.  The problem with economics isn't that some people are good and others are bad like physics. The problem is that those who are ignorant of economics are ignorant of their ignorance. Smart people are the worst because they think being smart at something like programming means they know economics better, but they don't.

I'm not leaving bitcoin. Bitcoin is leaving me.  No regrets. Thanks for buying my coins at 50X what I paid for them, suckers.

Not sure how you missed the scaling challenge bitcoin faces ... it was queried on the very first mailing list when it was announced.

Probably you missed it, like you have missed all the amazing work done so far to address it incrementally by people mostly working voluntarily over the years. Now they are actually getting paid for their hard efforts the knives come out and all the bludgers and wannabe governors pile on like the bunch of low-life, coward neer-do-wells they are. It is not really an economic problem in as much as it is a technical security problem, economists are totally lost with bitcoin, you wont even find one who thinks it is a meritorious idea, mostly they are just political philosophers who can sometimes do some maths.

Sell me all you got sucker, where we're going we don't need opportunistic pig-riders or innumerate idiots who can't count but feel the need to spout ignorance 24/7 on forums.
legendary
Activity: 1512
Merit: 1000
Yes, really. That cash is sitting on an exchange. I have to get it out. You pump, someone buys the coins I have for sale. I pocket that, use my trading account cash to buy the next batch of coins and eventually get all my cash off the exchange that will either be insolvent or inaccessible after the fullblocalypse. You keep pumping after that, I get to sell my cold storage stash.

 Roll Eyes  Sure thing old man.  I think you've eaten too much smoke.



Quote
Do you think it will be easier to spam attack a network running at 95% capacity or one running at 50% capacity?

It's equally as easy to spam attack a network running at 95% or 50% and the outcome is practically the same.  We have seen it happen multiple times now.  Bitcoin didn't die, and the exchange rate didn't drop off the face of the earth.  Unfortunately you're of the type that gets set in your ways and no amount of evidence or logic to the contrary will pry you from them.  Do you also talk to an imaginary person before every meal and at the end of every day?
full member
Activity: 210
Merit: 100
https://bitcointalksearch.org/topic/m.169810
While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.

I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.

I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it.  I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.  

I wonder how much they paid him for his account? Or his soul?

Yeah, that was me. I had no idea there was a scaling problem back then.  The problem with economics isn't that some people are good and others are bad like physics. The problem is that those who are ignorant of economics are ignorant of their ignorance. Smart people are the worst because they think being smart at something like programming means they know economics better, but they don't.

I'm not leaving bitcoin. Bitcoin is leaving me.  No regrets. Thanks for buying my coins at 50X what I paid for them, suckers.

k Tongue

If any altcoin does succeed which ones do you think will? Or have they been created yet?

Is ethereum good?
legendary
Activity: 1106
Merit: 1007
Hide your women
https://bitcointalksearch.org/topic/m.169810
While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.

I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.

I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it.  I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.  

I wonder how much they paid him for his account? Or his soul?

Yeah, that was me. I had no idea there was a scaling problem back then.  The problem with economics isn't that some people are good and others are bad like physics. The problem is that those who are ignorant of economics are ignorant of their ignorance. Smart people are the worst because they think being smart at something like programming means they know economics better, but they don't.

I'm not leaving bitcoin. Bitcoin is leaving me.  No regrets. Thanks for buying my coins at 50X what I paid for them, suckers.
full member
Activity: 210
Merit: 100
Are we rich yet??

I like the pause at 444 in price

then our post number [14444]
hero member
Activity: 798
Merit: 531
Crypto is King.
full member
Activity: 210
Merit: 100
https://bitcointalksearch.org/topic/m.169810
While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.

I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.

I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it.  I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.  

I wonder how much they paid him for his account? Or his soul?

well people change all the time it's fine, hell maybe we will change as well.
I think the only difference is we will be wearing monocles while chatting here.

EDIT:
I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it.  I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks. 

it's like hes the anti hero now
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
back over 3000

that bull though  Cool
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
https://bitcointalksearch.org/topic/m.169810
While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.

I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.

I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it.  I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.  

I wonder how much they paid him for his account? Or his soul?
ImI
legendary
Activity: 1946
Merit: 1019
speaking of bears, where the fuck is tarmifart?

edit: found him, he is now into altcoin-business  Grin

https://bitcointalksearch.org/topic/m.13338146
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1106
Merit: 1007
Hide your women
Keep pumping bulltards. I need some more Christmas money.

Oh really?

Artificial scarcity of coins in addition to artificial scarcity of blockspace is just too much scarcity for me, so i'm gonna make myself scarce but I gotta cash out first.

I closed that bitch. Sitting in sweet cash, Baby! Lent it out to bulls earning vig.

SIDE NOTE. Sold some coin today to pay off a few bills. Still positioning myself to wait out the fullblocalypse.

Are you prepared for the fullblocalypse?


Yes, really. That cash is sitting on an exchange. I have to get it out. You pump, someone buys the coins I have for sale. I pocket that, use my trading account cash to buy the next batch of coins and eventually get all my cash off the exchange that will either be insolvent or inaccessible after the fullblocalypse. You keep pumping after that, I get to sell my cold storage stash.

A half million transactions/day no matter how high the fees are. That's all we're gonna get. If there's a panic, xaction rate will go UP, making it worse until...fullblocalypse. That's not my idea of securing the network.

Do you think it will be easier to spam attack a network running at 95% capacity or one running at 50% capacity?
full member
Activity: 210
Merit: 100
No damage to me. Not at all. You wanna make it easier for me to rotate out, be my guest.
https://www.youtube.com/watch?v=WOQ2_KY33K0
legendary
Activity: 1512
Merit: 1000
Keep pumping bulltards. I need some more Christmas money.

Oh really?

Artificial scarcity of coins in addition to artificial scarcity of blockspace is just too much scarcity for me, so i'm gonna make myself scarce but I gotta cash out first.

I closed that bitch. Sitting in sweet cash, Baby! Lent it out to bulls earning vig.

SIDE NOTE. Sold some coin today to pay off a few bills. Still positioning myself to wait out the fullblocalypse.

Are you prepared for the fullblocalypse?



legendary
Activity: 1106
Merit: 1007
Hide your women
No damage to me. Not at all. You wanna make it easier for me to rotate out, be my guest.
full member
Activity: 210
Merit: 100
Do you think it's more reasonable to believe that money is sitting on the sidelines waiting for bitcoin to become more secure or for it to become more usable?  

Are transactions that can't be tracked on the blockchain less secure or more secure?

What is a bigger change to the network, Blockstream sidechains lightning network segwit or relaxing the 1 mb block limit? Which presents a bigger risk?

How many transactions does the Bank of International Settlements handle every day? Is there a limit?

Keep pumping bulltards. I need some more Christmas money.



da-da-da-damamge control

legendary
Activity: 1106
Merit: 1007
Hide your women
Do you think it's more reasonable to believe that money is sitting on the sidelines waiting for bitcoin to become more secure or for it to become more usable? 

Are transactions that can't be tracked on the blockchain less secure or more secure?

What is a bigger change to the network, Blockstream sidechains lightning network segwit or relaxing the 1 mb block limit? Which presents a bigger risk?

How many transactions does the Bank of International Settlements handle every day? Is there a limit?

Keep pumping bulltards. I need some more Christmas money.

legendary
Activity: 910
Merit: 1000
hero member
Activity: 1011
Merit: 721
Decentralize everything
Merry Christmas guys!  Grin

legendary
Activity: 1260
Merit: 1116
Time to put all our differences aside for Christmas and moon rockets!  Shocked


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