Finex making a run for $240?
Just reestablishing the standard btc-e +$5 level....
I could be wrong but the profit margin for mining tells me we need to go lower still. 200? 180 maybe?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22049. (Read 26608317 times)
April 10, 2015, 10:19:24 PM
Just reestablishing the standard btc-e +$5 level....
I could be wrong but the profit margin for mining tells me we need to go lower still. 200? 180 maybe?
April 10, 2015, 10:16:40 PM
Well all the buying at Huobi might have something to do with it. 
April 10, 2015, 10:10:55 PM
Finex making a run for $240?
April 10, 2015, 10:10:35 PM
April 10, 2015, 09:58:30 PM
April 10, 2015, 09:54:46 PM
Huobi with some buys. Retrace back to 235.99?
April 10, 2015, 09:47:07 PM
Crave scam was obvious.
I'm skeptical that any of these pos coins will ever work out.
I'm skeptical that any of these pos coins will ever work out.
April 10, 2015, 09:22:54 PM
LOL typical altcoin pump and dump. Price starts to rise and bamm the dev sells all their premined coin for the precious BTC.
More than 400 BTC were made in just 1 hour to that dump-er, and you say typical?
I was just looking at the chart and saying typical pump and dump. Wasn't aware of the volume.
April 10, 2015, 09:12:29 PM
LOL typical altcoin pump and dump. Price starts to rise and bamm the dev sells all their premined coin for the precious BTC.
More than 400 BTC were made in just 1 hour to that dump-er, and you say typical?
April 10, 2015, 09:01:58 PM
Crave:
hahahahahahah
hahahahahahah
lmao
BUY ALL THE CAVECOIN
LOL typical altcoin pump and dump. Price starts to rise and bamm the dev sells all their premined coin for the precious BTC.
April 10, 2015, 08:58:30 PM
April 10, 2015, 08:06:27 PM
What will you all be saying when we're trading in the $1xx range ?
Flowers are purdy, flowers are purdy, flowers are purdy, etchttps://i.imgur.com/rDZxP9Q.jpg
April 10, 2015, 07:58:31 PM
April 10, 2015, 07:24:07 PM
...
But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.
...
It's true that Windows and Apple kept controll over desktop solutions all these years (Except for Android (Linux) and chromebox / chromebook).But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.
Sure, but most people don't use remittance services.
One market where bitcoin could take off is payments for digital content. Most parents would not feel comfortable with their childrens GooglePlay account or iTunes account being linked to their credit card. Yet, kids hardly buy toys any more. Toy shops are as rare as record shops nowadays. Kids want tablets and gaming consoles. And they want content for those.
Paypal/Braintree is already opening up bitcoin payments for digital content. Microsoft US allows you to fill up your account with BTC for digital content. Eventually Apple and Google will follow. Soon parents will be able to pay part of the kids allowance in btc, either directly to a service of their choosing, or to a bitcoin wallet where the kids can choose themselves which ecosystem they want to squirt their money into. That might sound like peanuts, but if you do the math that's a substantial market.
Convincing regular adults in rich countries to use BTC rather than VISA/Mastercard is a uphill battle. First of all, it will be quite a while before the price of Bitcoin is such that most people would be comfortable with using it. Second, very few shops charge extra for card use. They can save a lot more by having better flow and fewer employees due to card use. Just think back to the 80s when everyone paid cash. Cashiers even packed your shopping bag while you were fumbling around to find that one coin you knew was in there, so you wouldn't have to break a hundred note. Not to mention that people are a bit sentimental about money. Scandinavian countries can't even convince their people to use the euro.
However, if ApplePay starts accepting BTC I have this feeling that people would love to flash their shiny new golden iPhone every time they paid, and perhaps they would be more comfortable with filling that account with BTC rather than leaving that last bit of their life in apples hands as well.
Ok, tired now. Must go to bed. Guessing you will read this in the morning anyway. Good night!
April 10, 2015, 07:18:37 PM
I crave more Bitcoin 
April 10, 2015, 07:00:02 PM
Crave:
hahahahahahah
hahahahahahah
lmao
BUY ALL THE CAVECOIN
This is no time to gamble on alts. THOSE things have sailed.
April 10, 2015, 06:58:29 PM
April 10, 2015, 06:39:32 PM
...
But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.
I saw that. It's just hard to grasp the future scope of this technology at the moment.
I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.
It's true that Windows and Apple kept controll over desktop solutions all these years (Except for Android (Linux) and chromebox / chromebook).I remember I got a bit fed up with the linux community in the 90s because, well they were quite rude to newbies, but mainly because they genuinely thought they were going to take over the desktop market with their unpolished glitchy GUI and people would just have to educate themselves in how to use terminal, cause that was the best way to do things(?!?!?!). I thought they had lost the plot.
But behind the scenes people started running apache on outdated machines on linux with great success. Any problem was quickly addressed by enthusiasts who liked to show off their programming skills, and by the end of the 90s much of the internet ran on linux. Now almost all of the internet runs on linux.
That's the kind of development I expect from bitcoin. Yes, some "normal" people will adopt it because they have needs or interests which makes Bitcoin worth the effort, or they are simply enthusiast nutters. But much of the big movements will be behind the scenes, smoothing out the speed bumps and lowering costs for financial institutions and large corporations.
But I think bitcoin will be the "desktop solution" for money in a few years. For instance, I don't think remittance services hiding bitcoin from sender and receiver is the best solution. It's better to do it like in Thailand. Very easy to convert bitcoin to bath. On every corner with ATMs, Seven Elevens or mini marts. That way, people in receiving countries can choose to keep the bitcoin they receive from relatives abroad, spend them on the local market for vegetables and fish, or exchange to bath on the nearest Seven Eleven.
April 10, 2015, 06:36:46 PM
Crave:
hahahahahahah
hahahahahahah
Charge your phone, you madman!!1!!
April 10, 2015, 06:36:25 PM
Did someone say crave?
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