Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21220. (Read 26711434 times)
July 21, 2015, 06:01:37 AM
July 21, 2015, 05:59:19 AM
nah probably not... it is more likely 'all of us' bitcoiners will take a nice big haircut during the 'big block of cheese day' which many of us know is coming. too many issues with bitcoin right now. what happens when peeps die and no one can un-encrypt their wallets ?? value goes up because there is less bitcoins ?? if an EMP strikes then no one can buy anything cuz all currency is cryptos .. that wont work because it is a weakness.. one EMP bomb takes out a countries entire economic infrastructure ??
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
What happens when people die and nobody can un-encrypt their wallets? Sad day for whoever's next of kin. That's not a problem with bitcoin, that is the problem of one idiot user not taking his own mortality into account when handling his money. A nationwide wildfire could theoretically destroy an entire nation's fiat, you know how common nation-wide EMP blasts are? As common as nation-wide fires. And last time I checked EMPs DO NO DAMAGE TO PAPER WALLETS. How dare you call yourself a miner when displaying such blatant ignorance!? Back up your shit, and it's good against the destruction of the backed-up material. If you have bitcoin and two neurons to rub together, you have several backups in several forms and storage means.
Yeah, at the time, 32K seems excessive. I think we'll be at 10K by 2020, tops.
Sure, any other and more widely accepted crypto has a chance at being as (or more) popular and widely used than bitcoin. And we can sit here and type for days about the millions of hypothetical scenarios where bitcoin ends below the competition (be it fiat or altcoins). One bitcoin is 1 billion satoshi. There will be 21 million billion satoshi by the time all bitcoin are mined. Even if 90% of that is lost, we will have 2.1 million billion satoshi... are those not enough to circulate? There are $5 trillion in printed cash in the world. There is (the equivalent) of 500 trillion pennies in cash in the world at the moment (according to this: http://gizmodo.com/5995301/how-much-money-is-there-on-earth). Are 2,000 trillion satoshi (10% of total bitcoin that there will ever be) not enough to be used as cash!? "Eventually, it will not be enough!" what a dishonest argument. We won't have to worry about that. Our children won't have to worry about that. Our children's children might ponder that someday there might not be enough satoshi to use bitcoin as fiat... I doubt that the hypothetical scenario of having to re-start block rewards will happen this century.
No form of value exchange is intrinsically backed by anything. Gold? Just pretty looking metal, arbitrarily chosen to be valuable. Fiat? Backed by politic stability, look at what happened to the Euro over the Greek drama. Crypto? Arbitrarily chose bits and bytes to represent value. So long as it's good to exchange for goods and services, I dont care what arbitrary, human-created token we use.
there is a lot of stupid and dumb idiot people in the world... bunches of them... that is going to be a problem.. a big problem that has no resolution. .. whats going to happen is its going to take 32k+ bitcoins to buy a single oz gold coin and not vice versa.
July 21, 2015, 05:48:13 AM
nah probably not... it is more likely 'all of us' bitcoiners will take a nice big haircut during the 'big block of cheese day' which many of us know is coming. too many issues with bitcoin right now. what happens when peeps die and no one can un-encrypt their wallets ?? value goes up because there is less bitcoins ?? if an EMP strikes then no one can buy anything cuz all currency is cryptos .. that wont work because it is a weakness.. one EMP bomb takes out a countries entire economic infrastructure ??
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
What happens when people die and nobody can un-encrypt their wallets? Sad day for whoever's next of kin. That's not a problem with bitcoin, that is the problem of one idiot user not taking his own mortality into account when handling his money. A nationwide wildfire could theoretically destroy an entire nation's fiat, you know how common nation-wide EMP blasts are? As common as nation-wide fires. And last time I checked EMPs DO NO DAMAGE TO PAPER WALLETS. How dare you call yourself a miner when displaying such blatant ignorance!? Back up your shit, and it's good against the destruction of the backed-up material. If you have bitcoin and two neurons to rub together, you have several backups in several forms and storage means.
Yeah, at the time, 32K seems excessive. I think we'll be at 10K by 2020, tops.
Sure, any other and more widely accepted crypto has a chance at being as (or more) popular and widely used than bitcoin. And we can sit here and type for days about the millions of hypothetical scenarios where bitcoin ends below the competition (be it fiat or altcoins). One bitcoin is 1 billion satoshi. There will be 21 million billion satoshi by the time all bitcoin are mined. Even if 90% of that is lost, we will have 2.1 million billion satoshi... are those not enough to circulate? There are $5 trillion in printed cash in the world. There is (the equivalent) of 500 trillion pennies in cash in the world at the moment (according to this: http://gizmodo.com/5995301/how-much-money-is-there-on-earth). Are 2,000 trillion satoshi (10% of total bitcoin that there will ever be) not enough to be used as cash!? "Eventually, it will not be enough!" what a dishonest argument. We won't have to worry about that. Our children won't have to worry about that. Our children's children might ponder that someday there might not be enough satoshi to use bitcoin as fiat... I doubt that the hypothetical scenario of having to re-start block rewards will happen this century.
No form of value exchange is intrinsically backed by anything. Gold? Just pretty looking metal, arbitrarily chosen to be valuable. Fiat? Backed by politic stability, look at what happened to the Euro over the Greek drama. Crypto? Arbitrarily chose bits and bytes to represent value. So long as it's good to exchange for goods and services, I dont care what arbitrary, human-created token we use.
Just forget such stupid "we will not have enough satoshi" or "lost bitcoin is not recoverable" arguments. 2 years ago I have shown how we could indefinitely sub-divide a satoshi with a soft-fork.
https://bitcointalk.org/index.php?topic=256516.10
no we should not forget anything... this is the same as printing more dollars.... your idea is a fiat scheme... which means bitcoin is not being straight forward.. instead of 'forgetting' about it, i think it's time to take this argument to the next level.......... .... 'we will have enough satoshi' that is a good one hhahhahhahha .
July 21, 2015, 05:04:09 AM
This thread is really useful for me and especially the charts from ChartBuddy. I check this thread daily and I'm glad to see new and new informations coming. I like to read about Bitcoin price, speculations and stuff like this. I like the poll at the of this thread and I hope Bitcoin will be around $350 or more at the end of July. I've invested a lot into Bitcoin and I'm already in profit, but you know, I want more.. 
SOME KINDS OF BITCORNS ARE A BIT LIEK DIS, & SOME OTHER KINDS ARE MORE LIEK DAT <3
[ WB ;p Just got destroyed on a NFLX long btw, & I knew it had been coming ;/
Then I lost even moar on gold long's ;// ]
Oh & btw, this fellow here's username is truly apt ;o :
I'd sell off a thousand a day. Buyers would send payment at the market rate to a rotating set of charities.
I'd set up a faucet with random payouts of 50 BTC every few hours.
I'd finance and set up mobile-based banking for the most desperate third world economies. Each account would come with an equal amount of coinage.
I'd keep going until I had 10,000 BTC left. That should be more than enough for anyone.
I'd set up a faucet with random payouts of 50 BTC every few hours.
I'd finance and set up mobile-based banking for the most desperate third world economies. Each account would come with an equal amount of coinage.
I'd keep going until I had 10,000 BTC left. That should be more than enough for anyone.
July 21, 2015, 05:01:25 AM
July 21, 2015, 04:53:12 AM
This thread is really useful for me and especially the charts from ChartBuddy. I check this thread daily and I'm glad to see new and new informations coming. I like to read about Bitcoin price, speculations and stuff like this. I like the poll at the of this thread and I hope Bitcoin will be around $350 or more at the end of July. I've invested a lot into Bitcoin and I'm already in profit, but you know, I want more..
July 21, 2015, 04:36:12 AM
was gr8, didn't do anything special, just banged her senseless numerous times, she asked for it! shes gr8!
Can't complain about that.
Is she a penquin, too?
Or a seal?
https://www.youtube.com/watch?v=H0evs5MRtD8
hahahaha... poor little penguin, squished by the seal.
Penguin is broken down on the side of the road on a hot summer's day, with the bonnet/hood of his car up.
Guy see him, stops, walks up to the car, peers into the engine bay for a minute, then comes round to the driver's side door...
"Looks like you've blown a seal, mate" he says.
"Nah" the Penguin replies "I've just eaten an ice-cream"
thanks I'm here all week.... try the fish...
July 21, 2015, 04:01:31 AM
July 21, 2015, 03:01:27 AM
July 21, 2015, 02:01:27 AM
July 21, 2015, 01:16:03 AM
nah probably not... it is more likely 'all of us' bitcoiners will take a nice big haircut during the 'big block of cheese day' which many of us know is coming. too many issues with bitcoin right now. what happens when peeps die and no one can un-encrypt their wallets ?? value goes up because there is less bitcoins ?? if an EMP strikes then no one can buy anything cuz all currency is cryptos .. that wont work because it is a weakness.. one EMP bomb takes out a countries entire economic infrastructure ??
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
What happens when people die and nobody can un-encrypt their wallets? Sad day for whoever's next of kin. That's not a problem with bitcoin, that is the problem of one idiot user not taking his own mortality into account when handling his money. A nationwide wildfire could theoretically destroy an entire nation's fiat, you know how common nation-wide EMP blasts are? As common as nation-wide fires. And last time I checked EMPs DO NO DAMAGE TO PAPER WALLETS. How dare you call yourself a miner when displaying such blatant ignorance!? Back up your shit, and it's good against the destruction of the backed-up material. If you have bitcoin and two neurons to rub together, you have several backups in several forms and storage means.
Yeah, at the time, 32K seems excessive. I think we'll be at 10K by 2020, tops.
Sure, any other and more widely accepted crypto has a chance at being as (or more) popular and widely used than bitcoin. And we can sit here and type for days about the millions of hypothetical scenarios where bitcoin ends below the competition (be it fiat or altcoins). One bitcoin is 1 billion satoshi. There will be 21 million billion satoshi by the time all bitcoin are mined. Even if 90% of that is lost, we will have 2.1 million billion satoshi... are those not enough to circulate? There are $5 trillion in printed cash in the world. There is (the equivalent) of 500 trillion pennies in cash in the world at the moment (according to this: http://gizmodo.com/5995301/how-much-money-is-there-on-earth). Are 2,000 trillion satoshi (10% of total bitcoin that there will ever be) not enough to be used as cash!? "Eventually, it will not be enough!" what a dishonest argument. We won't have to worry about that. Our children won't have to worry about that. Our children's children might ponder that someday there might not be enough satoshi to use bitcoin as fiat... I doubt that the hypothetical scenario of having to re-start block rewards will happen this century.
No form of value exchange is intrinsically backed by anything. Gold? Just pretty looking metal, arbitrarily chosen to be valuable. Fiat? Backed by politic stability, look at what happened to the Euro over the Greek drama. Crypto? Arbitrarily chose bits and bytes to represent value. So long as it's good to exchange for goods and services, I dont care what arbitrary, human-created token we use.
Just forget such stupid "we will not have enough satoshi" or "lost bitcoin is not recoverable" arguments. 2 years ago I have shown how we could indefinitely sub-divide a satoshi with a soft-fork.
https://bitcointalk.org/index.php?topic=256516.10
July 21, 2015, 01:01:25 AM
July 21, 2015, 12:07:47 AM
was gr8, didn't do anything special, just banged her senseless numerous times, she asked for it! shes gr8!
Can't complain about that.
Is she a penquin, too?
Or a seal?
https://www.youtube.com/watch?v=H0evs5MRtD8
hahahaha... poor little penguin, squished by the seal.
July 21, 2015, 12:03:07 AM
was gr8, didn't do anything special, just banged her senseless numerous times, she asked for it! shes gr8!
Can't complain about that.
Is she a penquin, too?
Or a seal?
https://www.youtube.com/watch?v=H0evs5MRtD8
July 21, 2015, 12:01:25 AM
July 20, 2015, 11:51:56 PM
was gr8, didn't do anything special, just banged her senseless numerous times, she asked for it! shes gr8!
Can't complain about that.
Is she a penquin, too?
July 20, 2015, 11:48:40 PM
nah probably not... it is more likely 'all of us' bitcoiners will take a nice big haircut during the 'big block of cheese day' which many of us know is coming. too many issues with bitcoin right now. what happens when peeps die and no one can un-encrypt their wallets ?? value goes up because there is less bitcoins ?? if an EMP strikes then no one can buy anything cuz all currency is cryptos .. that wont work because it is a weakness.. one EMP bomb takes out a countries entire economic infrastructure ??
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
What happens when people die and nobody can un-encrypt their wallets? Sad day for whoever's next of kin. That's not a problem with bitcoin, that is the problem of one idiot user not taking his own mortality into account when handling his money. A nationwide wildfire could theoretically destroy an entire nation's fiat, you know how common nation-wide EMP blasts are? As common as nation-wide fires. And last time I checked EMPs DO NO DAMAGE TO PAPER WALLETS. How dare you call yourself a miner when displaying such blatant ignorance!? Back up your shit, and it's good against the destruction of the backed-up material. If you have bitcoin and two neurons to rub together, you have several backups in several forms and storage means.
Yeah, at the time, 32K seems excessive. I think we'll be at 10K by 2020, tops.
Sure, any other and more widely accepted crypto has a chance at being as (or more) popular and widely used than bitcoin. And we can sit here and type for days about the millions of hypothetical scenarios where bitcoin ends below the competition (be it fiat or altcoins). One bitcoin is 1 billion satoshi. There will be 21 million billion satoshi by the time all bitcoin are mined. Even if 90% of that is lost, we will have 2.1 million billion satoshi... are those not enough to circulate? There are $5 trillion in printed cash in the world. There is (the equivalent) of 500 trillion pennies in cash in the world at the moment (according to this: http://gizmodo.com/5995301/how-much-money-is-there-on-earth). Are 2,000 trillion satoshi (10% of total bitcoin that there will ever be) not enough to be used as cash!? "Eventually, it will not be enough!" what a dishonest argument. We won't have to worry about that. Our children won't have to worry about that. Our children's children might ponder that someday there might not be enough satoshi to use bitcoin as fiat... I doubt that the hypothetical scenario of having to re-start block rewards will happen this century.
No form of value exchange is intrinsically backed by anything. Gold? Just pretty looking metal, arbitrarily chosen to be valuable. Fiat? Backed by politic stability, look at what happened to the Euro over the Greek drama. Crypto? Arbitrarily chose bits and bytes to represent value. So long as it's good to exchange for goods and services, I dont care what arbitrary, human-created token we use.
July 20, 2015, 11:20:34 PM
nah probably not... it is more likely 'all of us' bitcoiners will take a nice big haircut during the 'big block of cheese day' which many of us know is coming. too many issues with bitcoin right now. what happens when peeps die and no one can un-encrypt their wallets ?? value goes up because there is less bitcoins ?? if an EMP strikes then no one can buy anything cuz all currency is cryptos .. that wont work because it is a weakness.. one EMP bomb takes out a countries entire economic infrastructure ??
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
if it does go to 32k+ that would be great because i have a few bitcoins.. but i think gold will be 32k+ before bitcoins will be....
ripple has just as good if not better chance at the new generation of fiat currency than does bitcoin because at least they are straight forward about making more coins when people lose their coins.. eventually bitcoin will be forced to 'create out of thin air' more bitcoins and we all know how that is going to turn out. when tell everyone your never going to make more bitcoins and that is why your different than fiat when you know you will be forced to print more at some point is not being straight forward. and when you finally print more then you are a glorified fiat.. ..... sure its innovating but it has problems that going to take a lot more innovation to be resolved... it is doubtful there is enough time left to fix all of it's shortcomings.
and bitcoin is backed by NOTHING... it's intrinsic.. hhahhahha.
July 20, 2015, 11:14:38 PM
Banks laugh a bitcoin because first they ignore you, then they mock you, then they fight you... then you win. Bitcoin will win, it's already winning. It's slowly making it's way into the public consciousness, and slowly, people are hearing about it, and understanding it. There are no big news stories about bitcoin because its not a hot new thing. And that's good, because it's going to become as mundane and commonplace as bills... and when was the last time you hear big news about paper currency? Someday, we wont be waiting for news, because we wont need news. Bitcoin is an expanding market, and like the lightbulb, it will still be spreading through earth long after its creator's death. It will be a light in the darkness.
You can't ban bitcoin. You cannot restrict bitcoin to any geological location. That is what makes it so much better than all currencies, and soon the sleeping giant will rise again. Above and beyond the previous, tiny ATH.
PS: what's up with BTC-e always being behind the other exchanges on the way up? We're already averaging above $280, and BTC-e is lagging behind at $276... Well, I'm excited for tomorrow.
You can't ban bitcoin. You cannot restrict bitcoin to any geological location. That is what makes it so much better than all currencies, and soon the sleeping giant will rise again. Above and beyond the previous, tiny ATH.
PS: what's up with BTC-e always being behind the other exchanges on the way up? We're already averaging above $280, and BTC-e is lagging behind at $276... Well, I'm excited for tomorrow.
July 20, 2015, 11:01:27 PM
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