wait for BTC to finish tanking.... then buy when it's around $220 each
i am waiting on the chinese panic.
What is the Chinese panic ?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21580. (Read 26609764 times)
June 04, 2015, 03:07:20 PM
i am waiting on the chinese panic.
What is the Chinese panic ?
June 04, 2015, 02:57:23 PM
June 04, 2015, 02:55:46 PM
It is amazing how fucked the market is. Exchanges, bulls/bears... even early adopters. Market is in total control of one trading group and everyone are just watching. Exchanges have super low volume, traders can't do nothing without volatility... Bitcoin (not Blockchain) in current condition isn't interesting to no one.
permanently concentrated, bitcoin is.
June 04, 2015, 02:50:47 PM
https://instagram.com/p/3e2gb8hNuJ/
Bullish?
Quote
Fifty years ago today Gemini IV began it's mission into space. We're just beginning ours. #tb50yrs #geminiiv #edwhite #gemini4 #spacewalk #space #missioncontrol #nasa #spaceflight #justimagine #anniversary #1965 #geminiprogram
Bullish?
June 04, 2015, 02:46:20 PM
give up, buy now
lol 
June 04, 2015, 02:41:57 PM
It is amazing how fucked the market is. Exchanges, bulls/bears... even early adopters. Market is in total control of one trading group and everyone are just watching. Exchanges have super low volume, traders can't do nothing without volatility... Bitcoin (not Blockchain) in current condition isn't interesting to no one.
Moar leverage
June 04, 2015, 02:39:07 PM
It is amazing how fucked the market is. Exchanges, bulls/bears... even early adopters. Market is in total control of one trading group and everyone are just watching. Exchanges have super low volume, traders can?t do nothing without volatility... Bitcoin (not Blockchain) in current condition isn't interesting to no one.
Even if that's what's happening (not saying it is) it could be well orchestrated by injecting only a couple of $ millions. Within a stagnating period (we've been here, done that at least 2 more times) the man with the cash has the 1st word. I don't think that this is gonna last for much longer though...
June 04, 2015, 02:27:11 PM
June 04, 2015, 02:23:19 PM
But then, again, if the adoption happens fast and you want to use bitcoin for microtransactions and destroy Visa,Paypal,Stripe etc, then you will have to face the hard fact that:
7 Billion people doing 2 blockchain transactions per day will require:
- 24GB blocks
- 3.6 TB/Day
- 1.27 PetaBytes/year
So you will realize pretty fast that Moore's/Nielsen's laws cannot keep up with a hyper-growth scenario like this. In the end you will still have to rely on off chain solutions.
7 Billion people doing 2 blockchain transactions per day will require:
- 24GB blocks
- 3.6 TB/Day
- 1.27 PetaBytes/year
So you will realize pretty fast that Moore's/Nielsen's laws cannot keep up with a hyper-growth scenario like this. In the end you will still have to rely on off chain solutions.
Thx for pointing out that Gavincoins are pointless. And there is ppl -like me- who does not want use bitcoin for microtransactions if it takes a fork and an order of magnitude greater bandwidth and storage which means much less full nodes (which are already pathetically few). There are tons of shitcoins for tips and gifts. imho Bitcoin should remain a serious crypto for gentlemen's transactions and store of value, just like gold is. BTW who would wait 3 confirmations to buy a coffee?
Let the market do the allocation thing and the fees doing their job. If it will take getting rid of tons of spam tx so be it.
why aim at 7Bn people when not even half of it have access to teh internet, 20+ years after it became mainstream.
serioulsy there is far more important matter for the rest of the world than our silly digital tokens.
first would be food and water. and no, the blockchain wont help in any way.
Because third world countries are leapfrogging technology: they (will) all have cheap smartphones with a mobile internet connection, instead of personal computers with a wired internet connection.
June 04, 2015, 02:12:59 PM
price stopped mattering. the age of uhrak began.
June 04, 2015, 02:09:55 PM
Cheap coins incoming.Well, at least 1 buck cheaper...
June 04, 2015, 02:08:56 PM
oh no its crashing panic
June 04, 2015, 02:04:47 PM
This market is yawn.
Let's see if the big scary ask walls induce any sheep to sell.
Let's see if the big scary ask walls induce any sheep to sell.
June 04, 2015, 02:04:06 PM
bitcoin fought the chasm in the adoption cyle. now it's clear it will not become the new instagram, facebook or google. not even the new internet. not even a industrial revolution like steam, electricity, computerization.
yes, when they came out with Steam it was the greatest revolution to game technology ever. our souls all advanced one level when that happened.
June 04, 2015, 02:02:44 PM
wait for BTC to finish tanking.... then buy when it's around $220 each
i am waiting on the chinese panic.
June 04, 2015, 01:59:07 PM
bitcoin fought the chasm in the adoption cyle. now it's clear it will not become the new instagram, facebook or google. not even the new internet. not even a industrial revolution like steam, electricity, computerization.
it will become a paradigm shift from centralization to dezentraliation.
no more contracts, notarys, lawmakers, goverments needed.
we will move on to the society of citizens, where democray and freedom is trustless.
a new dawn. you're welcome, gentleman.
it will become a paradigm shift from centralization to dezentraliation.
no more contracts, notarys, lawmakers, goverments needed.
we will move on to the society of citizens, where democray and freedom is trustless.
a new dawn. you're welcome, gentleman.
June 04, 2015, 01:58:16 PM
Price is sooooo sexy
June 04, 2015, 01:57:23 PM
June 04, 2015, 01:55:51 PM
wait for BTC to finish tanking.... then buy when it's around $220 each
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