Anyways, when a stupid and deluded piece of garbage bull is telling me to jump...
I spit in his face
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23399. (Read 26713624 times)
January 18, 2015, 04:29:24 PM
These communist bulls (and permabulltards too) would do anything to remove the negativity from this thread. It reminds me of some shitcoin threads that I've been through where the copy-pasta developers would delete criticism through custom made scripts, just so they can keep the scam going. When you are holding those heavy 'Louis Crypton' bags you tend to transform into a sad evil fuck.
Anyways, when a stupid and deluded piece of garbage bull is telling me to jump...
I spit in his face
Anyways, when a stupid and deluded piece of garbage bull is telling me to jump...
I spit in his face
January 18, 2015, 04:28:19 PM
Anyone have any news what caused the sudden drop? I've been out of reach for some time 
12 months isn't sudden.
There is no news. There are hardly any Bitcoin users. Bitcoin is controlled by traders. And they make money by pushing the price down.
January 18, 2015, 04:24:08 PM
18 Jan /r/shibedojo Update
$195 reached. Probably due to lack of bear strenght, a pump to $220 happened, now heading back to $195, where the major bear fib fan ray is running, drawn from ATH at Gold Parity.
Resistance: $220
Support: $195, $186, $174
$195 reached. Probably due to lack of bear strenght, a pump to $220 happened, now heading back to $195, where the major bear fib fan ray is running, drawn from ATH at Gold Parity.
Resistance: $220
Support: $195, $186, $174
January 18, 2015, 04:22:19 PM
Kids, Deflationary means it gains in value, Inflationary means it loses value.. USD is inflationary prices rise because it loses value when more is printed..
Edit: maybe they should find an economist who gives lessons in crayon..
Play nice, I have to go to work now...
Edit: maybe they should find an economist who gives lessons in crayon..
Play nice, I have to go to work now...
I meant to say the usd deflates as the economy inflates, chose wrong wording
Inflation of base money supply ("printing money out of thin air" to the local intelligentsia) does not equal price inflation (inflation as we know it, "price inflation," shit getting more expensive).
Bitcoin has been "printing money" (mining) at breakneck speeds since the git-go, and BTC prices have risen for quite a while. It's only now that Bitcoin is failing to support ~12% yearly monetary base inflation rate.
If there was only a way to slow down the money printing press... but alas, it's algorithmically predetermined
Not that simple.. The equation of exchange states MV=PQ or Money supply X velocity = price level X quantity of goods.. So quantity of money printed, amount of money changing hands, or quantity of goods in the market place changing can effect price level.. causing inflation...
January 18, 2015, 04:18:48 PM
Bitcoin wont fail because the technology was revolutionary.
Replace "Bitcoin" with "Steam engine", say it again and see if it still makes sense.
Nuclear power plants are basically big steam engines.
Congratulations, you fail at analogy
January 18, 2015, 04:17:14 PM
We need a forum only accessible by proof-of-ownership(btc)... too get rid of these dumb trolls.
Fantastic idea.
Now that is a very interesting idea. But actually all that is needed is a consensus ignore/ban facility and newbie jail or an invite only system.
Perfect example of Bitcoiners: Much complaining, many +1s, IRL nothing ever gets done.
January 18, 2015, 04:16:11 PM
We need a forum only accessible by proof-of-ownership(btc)... too get rid of these dumb trolls.
Fantastic idea.
Now that is a very interesting idea. But actually all that is needed is a consensus ignore/ban facility and newbie jail or an invite only system.
January 18, 2015, 04:15:19 PM
We need a forum only accessible by proof-of-ownership(btc)... too get rid of these dumb trolls.
Fantastic idea.
considering the amount of trolls one can hope that this might get the next bubble going if all those trolls would have to buy some coins in order to continue trolling
The only problem with that is that most of the trolls are adolescents and tweeners who can't afford to buy enough coins to make any difference.
Why do you think they so desperately want the price to fall? It's the only way they can afford to buy with their allowance money.
January 18, 2015, 04:13:22 PM
Yawn!
How come i never see any german notes from after the 2nd world war?
They were too valuable a commodity to use to keep the stoves burning
100 Mark "Goldmark" I just scanned.. Wonder If I can redeem it for the 3.58 grams of gold from a central bank.. A contract is a contract
January 18, 2015, 04:13:00 PM
mhh looks like heavy pressure by all the seller right now. Could get bloody soonish.
January 18, 2015, 04:08:31 PM
We need a forum only accessible by proof-of-ownership(btc)... too get rid of these dumb trolls.
Fantastic idea.
considering the amount of trolls one can hope that this might get the next bubble going if all those trolls would have to buy some coins in order to continue trolling
January 18, 2015, 04:05:17 PM
We need a forum only accessible by proof-of-ownership(btc)... too get rid of these dumb trolls.
Fantastic idea.
January 18, 2015, 04:02:47 PM
Kids, Deflationary means it gains in value, Inflationary means it loses value.. USD is inflationary prices rise because it loses value when more is printed..
Edit: maybe they should find an economist who gives lessons in crayon..
Play nice, I have to go to work now...
Edit: maybe they should find an economist who gives lessons in crayon..
Play nice, I have to go to work now...
I meant to say the usd deflates as the economy inflates, chose wrong wording
Inflation of base money supply ("printing money out of thin air" to the local intelligentsia) does not equal price inflation (inflation as we know it, "price inflation," shit getting more expensive).
Bitcoin has been "printing money" (mining) at breakneck speeds since the git-go, and BTC prices have risen for quite a while. It's only now that Bitcoin is failing to support ~12% yearly monetary base inflation rate.
If there was only a way to slow down the money printing press... but alas, it's algorithmically predetermined
January 18, 2015, 03:59:58 PM
January 18, 2015, 03:57:39 PM
January 18, 2015, 03:55:17 PM
Luv bvlgarian exchange the one that didn't fuck up yet...
January 18, 2015, 03:54:06 PM
Kids, Deflationary means it gains in value, Inflationary means it loses value.. USD is inflationary prices rise because it loses value when more is printed..
Edit: maybe they should find an economist who gives lessons in crayon..
Play nice, I have to go to work now...
Edit: maybe they should find an economist who gives lessons in crayon..
Play nice, I have to go to work now...
I meant to say the usd deflates as the economy inflates, chose wrong wording
January 18, 2015, 03:53:51 PM
Bitcoin wont fail because the technology was revolutionary. But I cant argue with someone who says its worth .50 cents or someone else who ways 1 unit is worth 1 million dollars
Apparantly someone thought 10000 of them was worth a large pizza, and another person thought it was worth $1200 last spring
Apparantly someone thought 10000 of them was worth a large pizza, and another person thought it was worth $1200 last spring
Bitcoin acquires value exactly like anything else--bread, tulip bulbs, SexCoin. The value of USD is not "set" by any authority (you're free to ask $1 or $1,000 for your BTCeanie).
Speculative value is fine.
That's technically true in a somewhat meaningless tautological sense, but highly disingenuous because the explicitly stated purpose of monetary policy via central banking is to produce intentional macroeconomic outcomes through manipulating money. Using the word "set" to describe the alleged mechanism is a strawman oversimplification of very basic facts.
January 18, 2015, 03:49:20 PM
January 18, 2015, 03:48:04 PM
You want Bitcoin now?
@Afrikoin: don't you mean first?
@Afrikoin: don't you mean first?
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