Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20133. (Read 26709367 times)
November 22, 2015, 04:18:27 PM
i need to send another 2K of fiat there and buy some bitcoin SOON or else... MOFO buy at 2000$
November 22, 2015, 04:17:28 PM
price is like melting up 333 again for sure...
November 22, 2015, 04:16:16 PM
low volume is bullish.
in a bear market low vol ends in a drop.
in a bull market low vol ends in a pop.
in a bear market low vol ends in a drop.
in a bull market low vol ends in a pop.
November 22, 2015, 04:14:16 PM
Interbank payment delays of several hours to days are a major inconvenience to customers and a drag on the economy. But, what crimes do they allow?
Delaying payments allows banks to unfairly profit off fees and interest, fractional reserve lending, and leverage their clients assets to money launder for profit with terrorists and dangerous drug dealers. These delays also allow them to assist states in committing multiple crimes of asset seizurement and other institutionalized forms of theft. Some of these crimes are well intentioned but misguided and unethical , and some are done with the greatest form of moral disregard that only the worst psychopaths can muster.
What is obscene about Fiat is states usually refuse to allow for the choice in a competing currency (if they can get away with it, ). Currency is a form of expression and a contract of value that we all should have a right to choose. If the USD or Euro is superior under permission private blockchains than allow for it prove itself with competition.
It will be interesting to see the future unfold when a more resilient currency exists allowing regulatory arbitrage to benefit consumers is available. The previous examples that were attacked and shutdown were a fraction of the market cap bitcoin has so we are exploring uncharted waters.
November 22, 2015, 04:01:12 PM
November 22, 2015, 03:51:34 PM
It is always interesting to hear people compartmentalize certain unethical actions to make distinctions between what is acceptable in society based upon whether expected groups of criminals commit crimes vs when petty criminals commit crimes.
Thus your comment acknowledges the benefits of certain procedures on reducing petty crimes but actually allows for more institutionalized crimes to occur. You would think that the priority should be placed upon the largest crimes, right?
Thus your comment acknowledges the benefits of certain procedures on reducing petty crimes but actually allows for more institutionalized crimes to occur. You would think that the priority should be placed upon the largest crimes, right?
Interbank payment delays of several hours to days are a major inconvenience to customers and a drag on the economy. But, what crimes do they allow?
November 22, 2015, 03:48:29 PM
November 22, 2015, 03:45:14 PM
they talked about banning cash a few months back
They are still discussing it ---
http://www.bloombergview.com/articles/2015-11-20/bitcoin-is-better-than-cash-for-keeping-track-of-terrorists
http://www.zerohedge.com/news/2015-10-07/ban-physical-cash-coming-soon
And soon teaching math in Australia without certain permissions will be illegal-
http://bitcoinist.net/teaching-encryption-soon-illegal-australia/
Was not expecting this level of stupidity and corruption.
if they only decentralized the schooling system they will see the best possible organization for education will emerge
November 22, 2015, 03:42:44 PM
they talked about banning cash a few months back
They are still discussing it ---
http://www.bloombergview.com/articles/2015-11-20/bitcoin-is-better-than-cash-for-keeping-track-of-terrorists
http://www.zerohedge.com/news/2015-10-07/ban-physical-cash-coming-soon
And soon teaching math in Australia without certain permissions will be illegal-
http://bitcoinist.net/teaching-encryption-soon-illegal-australia/
Was not expecting this level of stupidity and corruption.
November 22, 2015, 03:42:15 PM
there was like 1billion dollars unaccounted for that the pentagon spend and it wasn't ever recorded...
You dropped a few zeros there adam.
schools in africa should post a donation qr code then you'd know all that money is going directly where it should go.
the bitcoin community is very generous, if they made a bit of a show i wouldn't be surprised to see 1million dollars of donations
na african kids with a sob story and a qr code, he gets 100,000$ overnight, makes the news, BAM ever kid in africa whats 100BTC
November 22, 2015, 03:37:01 PM
there was like 1billion dollars unaccounted for that the pentagon spend and it wasn't ever recorded...
You dropped a few zeros there adam.
November 22, 2015, 03:32:53 PM
Or safety. Delays of hours or days in interbank transfers are an important safety feature, and maybe exist for that reason alone. When instantaneous transfers are possible, bank hackers and money launderers often take advantage of them, by passing the stolen money through several banks in quick succession, to delay the investigators. Kidnapping and armed robberies also becomes easier and safer, since the ransom can be paid from the victim's bank account and cashed out before the police becomes aware of the crime.
It is always interesting to hear people compartmentalize certain unethical actions to make distinctions between what is acceptable in society based upon whether expected groups of criminals commit crimes vs when petty criminals commit crimes.
Thus your comment acknowledges the benefits of certain procedures on reducing petty crimes but actually allows for more institutionalized crimes to occur. You would think that the priority should be placed upon the largest crimes, right?
I am more interested in discovering solutions that involve reducing all these crimes and programmable currency like bitcoin that allows ricardian contracts, mutisig and arbitration fulfills that role.
November 22, 2015, 03:23:22 PM
we all know their dirty secret is to ban cash and digitalize your influx so they can
they talked about banning cash a few months back
pretty sure that by 2025 cash is going to be obsolete and not accepted anywhere anymore.
and good thing too, besides it costing a lot to produce the cash, it also makes poeple sick... you'd probably be more healthy if you never handled coins and bills ever.
cash is also the best way to anonymously donate millions to bad people
and its also used be the illuminati to get poeple to do bad things
there was like 1billion dollars unaccounted for that the pentagon spend and it wasn't ever recorded...
this is bad shit all coming out of the fiat system
bitcoin truly
November 22, 2015, 03:17:52 PM
In a "permissioned ledger" (i.e., a distributed mirrored decentralized tamper-resistant database for a closed set of non-anonymous, legally bound entities), transaction processing would be done by the member entities, for whom the service would be compensation enough; and/or by external contractors, who would get paid in dollars through banks, the old-fashioned way.
They already have what you've described. It is called SWIFT.Yes, I am sure that pretty good solutions that problem were known and used for many years before bitcoin. Those solutions may not be universally used for many reasons -- including inertia and risk avoidance.
Or safety. Delays of hours or days in interbank transfers are an important safety feature, and maybe exist for that reason alone. When instantaneous transfers are possible, bank hackers and money launderers often take advantage of them, by passing the stolen money through several banks in quick succession, to delay the investigators. Kidnapping and armed robberies also becomes easier and safer, since the ransom can be paid from the victim's bank account and cashed out before the police becomes aware of the crime.
November 22, 2015, 03:15:21 PM
we all know their dirty secret is to ban cash and digitalize your influx so they can track tax you better.
Of course but now we have Bitcoin
So... as long as your salary is paid in bitcoin, and all the things you buy are paid directly with bitcoin (without any identifying information collected in the process), we are FREE from taxation!
Oh, but wait, we are only replacing central banking, not commercial banking.
I guess it's back to sitting on our private keys and talking shit about anybody who wants to actually do anything with this invention. At least we're still guaranteed to get filthy rich, very soon™.
November 22, 2015, 03:05:19 PM
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we all know their dirty secret is to ban cash and digitalize your influx so they cantrack tax you better.
we all know their dirty secret is to ban cash and digitalize your influx so they can
Based upon this precedent - https://en.wikipedia.org/wiki/Executive_Order_6102 which is far more egregious than simply stopping printing their own virtual token I think you have a realistic fear. This is one of many reasons bitcoin will have a important future for all.
Bitcoin is Regulatory Arbitrage and no one should underestimate how important of a role that fulfills.
ergo good riddance ripple, hearn, bitpay, coinbase, goldmansachs... may they find whatever they seek with these private
Their Big Lie is that Bitcoin was created to replace commercial banking, not central banking (as if the Genesis Text was about $2 ATM fees instead of TBTF bailouts).
Brilliant observation, thank you.
It is indeed. I personally care not one iota about replacing ATM's. The debt-based monetary system which currently animates the entire economic state of my country is what I care about. More specifically, the inherent life expectancy of such systems and their typical failure modes, and what it may mean to me. Even more specifically, what evolves out of such an implosion.
It is worth note that almost without exception the efforts that Hearn and Andresen have focused on are to facilitate to enlistment of people who's interest does not go beyond the ATM/VISA/PayPal aspect of the Bitcoin monetary system. I attribute this to a strategy which recognizes that these participants are a distinct liability to the defensibility of the ecosystem. The demands that 'the masses' make will open many chinks in the armor. Actually 'chinks' is an understatement. The effect would be that of a sufficiently large torpedo detonated under the keel mid-ship.
I do believe that this 'enlist the masses' focus has been strategic, and is for the ultimate purpose of destroying the Bitcoin solution in it's initial form. At least in Hearn's case. Gavin may at one point have been legitimately convinced that ballooning the userbase was a viable defense however naive that may be, and also that bending over backward to placate the existing political power structures so that they will be nice to us made sense. I don't believe that that is a sustainable argument any more if it ever was, and Gavin must certainly know this.
November 22, 2015, 03:01:18 PM
November 22, 2015, 02:53:22 PM
yea, mySQL databases does not need tokens.
Their digital tokens will be represented in USD and Euros primarily. For the time being these provide relatively stable forms of currency with low volatility(although the euro was more volatile than bitcoin week to week for the first 2.5 months 15' when it radically dropped in value) but just make sure you spend those currencies quickly as they aren't stable long term stores of value.
Not quite.
Banks, so far, are not trying to digitize currencies but titles which is pretty much the difference between Bitcoin the asset and their databases.
we all know their dirty secret is to ban cash and digitalize your influx so they can
Of course but now we have Bitcoin
November 22, 2015, 02:52:52 PM
]
we all know their dirty secret is to ban cash and digitalize your influx so they cantrack tax you better.
we all know their dirty secret is to ban cash and digitalize your influx so they can
Based upon this precedent - https://en.wikipedia.org/wiki/Executive_Order_6102 which is far more egregious than simply stopping printing their own virtual token I think you have a realistic fear. This is one of many reasons bitcoin will have a important future for all.
Bitcoin is Regulatory Arbitrage and no one should underestimate how important of a role that fulfills.
November 22, 2015, 02:45:35 PM
yea, mySQL databases does not need tokens.
Their digital tokens will be represented in USD and Euros primarily. For the time being these provide relatively stable forms of currency with low volatility(although the euro was more volatile than bitcoin week to week for the first 2.5 months 15' when it radically dropped in value) but just make sure you spend those currencies quickly as they aren't stable long term stores of value.
Not quite.
Banks, so far, are not trying to digitize currencies but titles which is pretty much the difference between Bitcoin the asset and their databases.
we all know their dirty secret is to ban cash and digitalize your influx so they can
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