Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22171. (Read 26609764 times)

hero member
Activity: 742
Merit: 500
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).

railing against human nature is a dinosaur braying against the meteors ... noone's listening to you, it is about the coins you fool, where have you been the last 5 years under a rock?

Ripple is finished because anyone can seize anyone's coins and kick them off the net for arbitrary reasons ... stupid ripple labs just shot themselves in the foot by locking up Jed's ripple coins in bitstamp and advertising to the world how broken ripple is. And the same will go with any other "blockchain" tech that has arbitrary centralised controllers, cartels, pools whatever.

The digital internet of valuable data is like nothing before, leave your past experiences and preconceived notions at the door. Where we are going there are no charts. The weird and unusual will thrive. The petty, boring, staid, inefficient, corrupt establishment old ways can be left behind.
"Last five years" I was buying bitcoin at $12 (pretty much when I opened this account) because it was a big innovation at the time, the technology was very promising, the marketcap was ridiculously small (demand supply dynamics made it possible to make it rise in value exponentially fairly quickly making bitcoin a very good bet) and it was relatively early.

Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).

You too have to calm down and take a deep breath. Quite frankly your view about "honest money" is a fairy tale to me by somebody who doesn't really understand how the world works, especially if applied to bitcoin (would be a little different if applied to gold at least...).

I'm not saying it's impossible for BTC to rise in value again (there is still a possibility that it becomes some sort of speculative monster store of value gold 2.0 kinda stuff, although I think it's unlikely), I just think that your reasons why you believe it should (replacing fiat or whatever) are mostly delusional made up stuff.
legendary
Activity: 1792
Merit: 1047
Looks like its all over, just saw this bitcoiner running from the huobi exchange minutes ago....



Don't be that guy
sr. member
Activity: 392
Merit: 250
Leaving the global financial establishment behind at 2.7 transactions per second?  Undecided
legendary
Activity: 2097
Merit: 1070
Looks like a great start to an organic growth.




Do not ever consider dumping on this one. It will go on like this forever...

Of course it will, just like last time, lol
sr. member
Activity: 406
Merit: 251
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).

railing against human nature is a dinosaur braying against the meteors ... noone's listening to you, it is about the coins you fool, where have you been the last 5 years under a rock?

Ripple is finished because anyone can seize anyone's coins and kick them off the net for arbitrary reasons ... stupid ripple labs just shot themselves in the foot by locking up Jed's ripple coins in bitstamp and advertising to the world how broken ripple is. And the same will go with any other "blockchain" tech that has arbitrary centralised controllers, cartels, pools whatever.

The digital internet of valuable data is like nothing before, leave your past experiences and preconceived notions at the door. Where we are going there are no charts. The weird and unusual will thrive. The petty, boring, staid, inefficient, corrupt establishment old ways can be left behind.
Well spoken, sir.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
How come that you bitcoiners think that in every crypto technology the fucking token is the main point?
XRP is just a token that is not even necessary for the ripple protocol to work (it's an addition as a bridge and as a spam mechanism, but not really necessary), its price could be at a fraction of a penny and nobody would even need to touch it.

The ripple protocol is a very promising technology and still is, same goes with Eris Industries or Ethereum and others.

Stop focusing on the friggin' "coins". It's very probable that they won't even be a part of the future of crypto (where distibuted ledgers/databases are the real useful innovation).

railing against human nature is a dinosaur braying against the meteors ... noone's listening to you, it is about the coins you fool, where have you been the last 5 years under a rock?

Ripple is finished because anyone can seize anyone's coins and kick them off the net for arbitrary reasons ... stupid ripple labs just shot themselves in the foot by locking up Jed's ripple coins in bitstamp and advertising to the world how broken ripple is. And the same will go with any other "blockchain" tech that has arbitrary centralised controllers, cartels, pools whatever.

The digital internet of valuable data is like nothing before, leave your past experiences and preconceived notions at the door. Where we are going there are no charts. The weird and unusual will thrive. The petty, boring, staid, inefficient, corrupt establishment old ways can be left behind.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Wonder what China will do when they wake up?




We will know if 30 minutes or so
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Wonder what China will do when they wake up?


legendary
Activity: 1176
Merit: 1000

This Trojan Bull was filled with Bears...

We'll meet at the bottom, you bunch of failures.

DOOOOOM!


Price up 2%. Keep trolling, fool.
legendary
Activity: 1281
Merit: 1046

This Trojan Bull was filled with Bears...




We'll meet at the bottom, you bunch of failures.

DOOOOOM!
legendary
Activity: 1232
Merit: 1011
come to papa!

...

just read the news about st petersburg bowl dropping bitcoin.

is there a bet somewhere about bitpay going under this year?
legendary
Activity: 1092
Merit: 1000
https://twitter.com/HiRISE/status/583730218302451712


omg everyone run..... it's the dooooooom bear from mars! we all know what that means... #martiandoombear
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 406
Merit: 251
How does this service work?
They don't explain it in their site.

Are they using BTC and then converting it to fiat again? Are they just using the blokchain without touching BTC?

They just say "we use the blockchain", do you have more details on how this all works?
It could be a scam, and it could be a remittance service where there are local bank to BTC connections in each country.
I don't think these services where bitcoin is 100% hidden are good for remittance services in the long run. Better to do it like Thailand: Make it very easy to convert bitcoin to local currency. And make it easy to buy bitcoin in the remittance sender country.
That way, the receiving part can choose to convert to local currency at any time. I believe this would quickly transform to a local bitcoin market where you can buy groceries and fish with bitcoin.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1106
Merit: 1007
Hide your women
How does this service work?
They don't explain it in their site.

Are they using BTC and then converting it to fiat again? Are they just using the blokchain without touching BTC?

They just say "we use the blockchain", do you have more details on how this all works?

They probably operate as a hawaladar and use BTC for settlements. http://en.wikipedia.org/wiki/Hawala
legendary
Activity: 1281
Merit: 1046
How does this service work?
They don't explain it in their site.

Are they using BTC and then converting it to fiat again? Are they just using the blokchain without touching BTC?

They just say "we use the blockchain", do you have more details on how this all works?

https://aligncommerce.com/how

Looks like a shitier version of paypal
legendary
Activity: 1106
Merit: 1007
Hide your women


so all the new money printed will go into this shit by itself.

tell me more please.

and you can create fiat just by borrowing it? why are you not rich then?

Calm down, T. I know you're losing money by the minute right now, but these things ebb an flow. You have made what we called in the Navy Nuclear program a GCE, a gross conceptual error. The asset and the liability are created simultaneously, like a particle and an antiparticle. The  problem is the liability requires interest to service and so there will never be enough money to pay back all debts created. Paradoxically this means the entire system relies on constantly inflating the money supply forever. If they didn't do that, there would be a deflationary heat death.

I AM substantially richer than I was before investing in BTC if valued by net worth mark to market. I did that by creating fiat and trading it for harder-to-create bitcoin. The trick was not being too greedy. I have had to endure long stretches of time in upsidedown positions and I have to always always be able to service the debt.

bla bla bla

what the fuck did you just say? are you drunk or something?

The point is that one has more utility than the other. You don't need to be a genius to see that.

wanna-be-money has more utility than a short selling contract of wanna-be-money?

dude, you are a fking genius.

and on ignore.


bye

I hope the butthurt isn't too bad. Then you won't even be able to use your fiat as toilet paper.
Jump to: