Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23377. (Read 26713333 times)

sr. member
Activity: 280
Merit: 250
You guys are nuts.

Why is Kim Dotcom being associated with Bitcoin good for the Bitcoin brand?

The guy has been involved in all kinds of financial irregularities, yet he's the Messiah?

Smacks of denial and desperation. Sad to see really - the Bitcoin community has some really nice and smart folks, but their good-will is completely nullified by the toxic sludge that oozes out every single f*cking day.
legendary
Activity: 1078
Merit: 1441
Stop crashing Bitcoin, or even the last real world usage for Bitcoin beside child porn and terrorism will be gone!
 Angry

http://uk.businessinsider.com/bitcoin-crash-drug-dealers-2015-1

“Out a couple of thousand over this,” writes one dealer. “Bad f---ing time to start up. I really hope it bounces back and stays there. I can’t believe how fast they’re dropping. $330 to 280 to 220 in just a few weeks. Bye bye profit.”

“I am losing losing 10-20% on all orders in escrow now!” says another. “Make that 30%!!! There goes all profit! FML.”

One deep web cocaine dealer spoke to Business Insider about the price crash. “It’s pretty damn sad,” they said. “We have worked so hard over the past 3 months, and for profits to get halved? It’s hard to swallow, simple as that, but what can you do. It’s a gamble, whether you hold or sell.”

They'd cashed out and had a massive payday during the bubble in November 2013, so they weren't immediately hurt by the dropping prices. But it’s still “hard work down the toilet.” And other, newer dealers don't have that luxury: they’ll be forced to sell reserves at a loss just to keep going (and potentially forcing the price down even more in the process).

"It´s a death spiral! If it it doesn´t end soon, we (the vendors) will have to switch to something more solid and reliable, like DOGE!"






these guys are morons to sell drugs using something that is traceable.  the usd is much better to use since it is totally untraceable if using cash like a normal drug dealer.

Think you're missing the point of silkroad 99.0 and all the other ONLINE market places.

meh, still though 99.99% of all drug trade (and I dare say terrorism related funding, weapons, child pron etc etc)  are conducted in fiat, in cash and the money then squirreled and laundered by the big banks in plain sight. We know it, they know it, the government know it, the banks know it.. the whole argument about crypto and it being a worry for facilitating illicit trade,  at this point in time is an entire massive crock of shit. Apart from anything else, and all of the obvious reasons, the BTC market cap, and the alt caps, are not big enough to facilitate large amounts of drug/weapons/laundered money. It is hilarious to even suggest that certain organisations, are doing so. Nope they will stick to truck loads of cash, houses filled floorboard to ceiling, and using banks like HSBC, in good old fashioned fiat. This is not going to change anytime soon. Trust me, these people like to know who to go and shoot in the face if their money goes missing..  I hardly see them running around looking for satoshi.  That is not to say in the very distant future they will not use some crypto, but to label it as a actual current and actual use, and claim it makes up anything other than an tiny portion of world wide drug and weapons trade is total hogwash.
sr. member
Activity: 280
Merit: 250
Bitcoin is a toxic brand that is unmarketable pretty much everywhere).

But Bitcoin still has a very important role: a central pivot point into emerging developments (such as Ripple, Stellar, NXT,...)

Without Bitcoin surviving for at least another year, they will find their job very, very difficult. But as time goes on and deals are done with banks and governments, the Bitcoin pivot will become less and less important.

It's in everyone's interest to keep the old steam engine serviceable for another while yet!!!
Bitcoin, while as a currency is not doing as well as hoped, is being re-branded as The Blockchain in the media. Bitcoin outputs will become various assets and reserve currencies. Ripple and Stellar will be replaced by Tether. NXT and all the other stake-based asset discussions belong elsewhere. Bitcoin is in a chrysalis state and will be reborn as a much more powerful and robust asset class.

Sigh.

You are demonstrating to everyone here that you haven't a clue what you are talking about.

As for Bitcoin "rebranding". Well, at least they're finally beginning to accept the idea that Bitcoin is toxic and needs root and branch reform if it is to have any hope of surviving the next few years.
member
Activity: 65
Merit: 10
Barring some unprecedentedly good news coming out right now, there's not gonna be any breakout Sad
member
Activity: 82
Merit: 10
member
Activity: 65
Merit: 10
Hmmm... it's Been steady at $210 for a few days now, give or take $15. I'm calling that it will sell off and drop to about $140-$160 range sometime in the next few days. this will be followed by frantic buying taking it back to close to $200 where it will stall out and then settle at about $180 give or take...

Scary to think only 1 month ago the price was $327 & 2 months ago $379! I wonder where the real bottom will be. Hodlers must have some steel balls for this!
member
Activity: 71
Merit: 10
Verba volant, bits persist.
comon guys bitcoin is gone. no one want that shit anymore

RIP BITCOIN


Thanks for the info, if you really think that bitcoin is gone just for their actual price it's because you don't understand anything  Wink
I don't understand why you're always here when everything is ok, but when bitcoin price falls, everyone is saying that's useless.

Mature and read everything you can about bitcoin technology, maybe it's useful for you  Tongue
legendary
Activity: 1568
Merit: 1002
Please don't post anything that isn't relevant and important. This has been a public service announcement. Thank you.
thanks for the announcement cbeast.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Please don't post anything that isn't relevant and important. This has been a public service announcement. Thank you.
hero member
Activity: 888
Merit: 500
comon guys bitcoin is gone. no one want that shit anymore

RIP BITCOIN
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
Are we all waiting for a sign??? Undecided Huh

sr. member
Activity: 314
Merit: 250

Reddit r/Bitcoin is a wall of awesomeness today:

Lighthouse Beta
Kim Dotcom blockchain-based internet
GAW getting investigated
Coinbase 75 Mil VC funding
Millionaire maker contest
Bitwage international payroll
Some noob just made his first Bitcoin

http://www.reddit.com/r/Bitcoin/
Kim Dotcom blockchain-based internet sounds pretty cool .

He's probably desperate to make cash since megaupload got closed.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Stop crashing Bitcoin, or even the last real world usage for Bitcoin beside child porn and terrorism will be gone!
 Angry

http://uk.businessinsider.com/bitcoin-crash-drug-dealers-2015-1

“Out a couple of thousand over this,” writes one dealer. “Bad f---ing time to start up. I really hope it bounces back and stays there. I can’t believe how fast they’re dropping. $330 to 280 to 220 in just a few weeks. Bye bye profit.”

“I am losing losing 10-20% on all orders in escrow now!” says another. “Make that 30%!!! There goes all profit! FML.”

One deep web cocaine dealer spoke to Business Insider about the price crash. “It’s pretty damn sad,” they said. “We have worked so hard over the past 3 months, and for profits to get halved? It’s hard to swallow, simple as that, but what can you do. It’s a gamble, whether you hold or sell.”

They'd cashed out and had a massive payday during the bubble in November 2013, so they weren't immediately hurt by the dropping prices. But it’s still “hard work down the toilet.” And other, newer dealers don't have that luxury: they’ll be forced to sell reserves at a loss just to keep going (and potentially forcing the price down even more in the process).

"It´s a death spiral! If it it doesn´t end soon, we (the vendors) will have to switch to something more solid and reliable, like DOGE!"






these guys are morons to sell drugs using something that is traceable.  the usd is much better to use since it is totally untraceable if using cash like a normal drug dealer.

Think you're missing the point of silkroad 99.0 and all the other ONLINE market places.
hero member
Activity: 583
Merit: 500

Reddit r/Bitcoin is a wall of awesomeness today:

Lighthouse Beta
Kim Dotcom blockchain-based internet
GAW getting investigated
Coinbase 75 Mil VC funding
Millionaire maker contest
Bitwage international payroll
Some noob just made his first Bitcoin

http://www.reddit.com/r/Bitcoin/
legendary
Activity: 1092
Merit: 1000
Stop crashing Bitcoin, or even the last real world usage for Bitcoin beside child porn and terrorism will be gone!
 Angry

http://uk.businessinsider.com/bitcoin-crash-drug-dealers-2015-1

“Out a couple of thousand over this,” writes one dealer. “Bad f---ing time to start up. I really hope it bounces back and stays there. I can’t believe how fast they’re dropping. $330 to 280 to 220 in just a few weeks. Bye bye profit.”

“I am losing losing 10-20% on all orders in escrow now!” says another. “Make that 30%!!! There goes all profit! FML.”

One deep web cocaine dealer spoke to Business Insider about the price crash. “It’s pretty damn sad,” they said. “We have worked so hard over the past 3 months, and for profits to get halved? It’s hard to swallow, simple as that, but what can you do. It’s a gamble, whether you hold or sell.”

They'd cashed out and had a massive payday during the bubble in November 2013, so they weren't immediately hurt by the dropping prices. But it’s still “hard work down the toilet.” And other, newer dealers don't have that luxury: they’ll be forced to sell reserves at a loss just to keep going (and potentially forcing the price down even more in the process).

"It´s a death spiral! If it it doesn´t end soon, we (the vendors) will have to switch to something more solid and reliable, like DOGE!"






these guys are morons to sell drugs using something that is traceable.  the usd is much better to use since it is totally untraceable if using cash like a normal drug dealer.
sr. member
Activity: 318
Merit: 250
wow 2 hrs without comment

what is going on?
silence before the storm (up or down Huh Huh)
Most possible ''meh'' sentiments due to low (to none) volatility. Bitcoiners are not used to it. Either despair or CCMF here. Cool

Nothing's happening on the bitcoin markets so there is nothing much to talk about. When bitcoin stops flatlining the thread will once again be buzzing.
full member
Activity: 182
Merit: 100
wow 2 hrs without comment

what is going on?
silence before the storm (up or down Huh Huh)

Been stable for a while. No storms incoming.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Bitcoin is a toxic brand that is unmarketable pretty much everywhere).

But Bitcoin still has a very important role: a central pivot point into emerging developments (such as Ripple, Stellar, NXT,...)

Without Bitcoin surviving for at least another year, they will find their job very, very difficult. But as time goes on and deals are done with banks and governments, the Bitcoin pivot will become less and less important.

It's in everyone's interest to keep the old steam engine serviceable for another while yet!!!
Bitcoin, while as a currency is not doing as well as hoped, is being re-branded as The Blockchain in the media. Bitcoin outputs will become various assets and reserve currencies. Ripple and Stellar will be replaced by Tether. NXT and all the other stake-based asset discussions belong elsewhere. Bitcoin is in a chrysalis state and will be reborn as a much more powerful and robust asset class.
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