Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22157. (Read 26609471 times)

http://bitcoinclock.com/

There it is.

anyone remember the web with the countdown to the halving?
Thanks

...no one except ransomware hackers and corrupt DEA agents, you mean, for now, ...

Some days...

https://www.youtube.com/watch?v=DhNYg0Clg10

you should of seen how badly i got owned when i sold these through ebay/paypal

Trolls keep trollin', meanwhile bid support at 250 rising steadily...

Adam tries to do business with fellow Bitcoiners.  Gets robbed


Next time be more careful, Adam.  These people can't be trusted--a veritable viper pit here

Fixed it for you.

Bulls are here 

lets not forget about the coins i offer for BTC

https://bitcointalksearch.org/topic/physical-bitcoins-wallets-not-loaded-0btc-and-more-368598

when you buy a coin from me you know I do not convert BTC payments to my local currency.

I am not even reading that shit, literally I tired a few words and got bored and I could just feel the shrillness after a few words

You are now on ignore.

If you reply to this you are an insane mental with the IQ of a cow.

See ya

Ah, the trusty "No ur rong!" gambit.


Yeah, you can use cash for free too.  Try using BTC without tx fees, tho-see how that works.  Wait for the miners to stop using 10% yearly inflation to pay for their work, and watch tx fees skyrocket.


"Shit will work out, bro, really.  You just gotta believe!"  
Can't argue with that.


10% yearly monetary base inflation, with nothing but some drug & CP bazaars for underlying economy, is pretty ridiculous.  No, no surprises there, I agree.


Whelp, why not invest in my clonecoin?  Much better upside than BTC, lower price & I promise will become Milky Way's reserve currency.


Yep.  getting BANNED in Russia this summer


You THINK you know.
I have it on good authority that a chipmunk's memory lasts only a few days (hence all the forgotten buried acorns & shit).  Are you so presumptuous as to suggest yours is better than a chipmunks?
You need an occasional refresher, and 12345mm was nice enough to help.  He did that less than an hour ago, and you already forgot to thank him.

Thank him now, lest you forget.

Coin
Explanation

.....what.... again?

If you watch this show.....  and I trust that you do.

Long time viewers will know.....

That these subjects have been talked over and addressed ad nauseam.

Simply put, things change, things do not remain in a static state, change is not always linear.

Things are in the very process of changing.

Once upon a time rear view mirrors and steering wheels impaled people on a regular basis.


But to keep it short....(because boring topics and I am busy)


1) No speculation is so obviously not the "killer app" of Bitcoin/cryptocurrency/Blockchain technology. No surprises here.

2) There can be fees depending on how you use BTC, but you can also use it for free, and there are developments on this on a ongoing basis, and things will change in the future. No surprises here. Plus it looks to me like fraud in terms of credit card fraud is starting to get more out of hand. Also the idea that credit cards are free is a complete fallacy, banks and credit card companies , do nothing for free, I repeat banks and credit card companies, do nothing for free, not a single thing, nadda, zip , zilch..... those staff, and buildings and computer networks, and fraud and security experts (and on and on) are not free, and every service a bank provides leads them to profit in some fashion, otherwise they would not be doing it.... that being said, the financial system is so broken and corrupt, that even these companies are struggling to keep making profit, hence soon they will charge you to keep your money in a bank, while other banks are leaving retail banking all together, and others saying they do not need to issue loans or take deposits anymore. So the banking industry is also constantly changing. No surprises here.

3) At this stage,  it is not a steady store of value, but, things change,  larger liquidity exchanges and wider use could level off volatility in the future, assuming continued adoption, also at this stage some people like the volatility. No surprises here.

4) Bitcoin is not a traditional investment, and  also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.
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5) There are no guarantees in any form of investment, technology,   or finance, there are less risky investments, with lower potential for rewards, and there are higher risk investments with higher potential for reward. No surprises here
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6) Bitcoin and crypto is becoming regulated in certain aspects, and in others it is regulated by its protocols , which are open for all to see, furthermore the risks involved in holding in custody your own coins, can be mitigated via having in place, segmented low attack surface, well thought out cyber security and hygiene in place. No surprises here.
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The fact that it is not regulated is known by all, the stakes are the same for all, there is a level playing field, and again is a situation that is constantly changing, either being clarified or literally the laws are being written as we speak. But we all know the situation, no surprises here.

7) No one is holding a gun to anyones head and forcing them to use, take up, adopt, trade or speculate in cryptocurrencies.

We all know the history, and the state of play.

Satoshi's contraption is only interesting if it works regardless of how the participants use it, that should be self-evident.  Money for good, thoughtful, honest people doesn't require schemes of complexity that'd make Rube Goldberg blush.  There would be no need to to build ridiculous thumb-twiddling ASICs with the sole purpose of burning gigawatts of electricity.
A simple email app & a calculator would suffice for the honor system.  Or a small notebook with a sharp pencil.  Or decent memory and a handshake.  That good memory is not even strictly required--if you forget how much money you owe me, I'll remind you.
Satoshi, OTOH, set out to make money for IRL people.


Blockchain is an interesting, though, granted, clumsy and astonishingly labor-intensive, solution to the Byzantine Generals Problem.  In a way, it borders with solving the Traveling Salesman problem by trying all the possible routes.  In other words, not useless, but not the pinnacle of elegance, either.

But Satoshi did something he may/may not have intended:  He created a microcosm of compressed time, where events taking endless millenia--progression from decentralised, single-cell soup to complex, highly centralized thinking organisms--is played out in a matter of years.  So that's something.

Still looking good.

see you guys, signing off for now.

I agree to few of your sayings, but not all...
I ain't saying or appealing to any of our duties, I am saying that if you want this to succeed, that too in a better way, you need to do something for it...
You can't blame Satoshi for participants' greed and selfishness as it's people's own choice, Satoshi made it to show the world something new, something innovative...

If you want to change something, you need to be the first to initiate the process as you can't expect someone to come and help you or others to do that...
And if you said is true, i.e.; Bitcoins are trustless, then these innovations like Blockchain and other things associated to Bitcoins are worthless as if they are only being used for the purpose which you put into your prior posts...

Still, I have faith in it and I am a believer...

How about you refute them? His points seem valid to me.