Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24038. (Read 26619992 times)

That's 9000 individual one billion dollar amounts. 9000 times $1,000,000,000 each in "missing" tax payer printed money. Question? Is this "missing" $9Trillion included in our national debt?
Well, considering the Federal Reserve is a privately held bank, with real human beings that can be subpoenaed, in charge of all the Central and "Federal" Reserve banks, who own most of our purchased Congress, it is clear why most of Congress fears them. So everything we have been taught about the US government is just nonsense. Elections and all. Because the banking crime families tell our agency's and government when to sit, when to stand and when to shut the ** up.

Oh, but kind sir, you should compare since 2008/2009. BTC wasn't invented in 2013, or did your brilliant mind forget that part.

I will not be so mean as to ask how BTC has fared in the same period. 

Of course if you did mention the performance of bitcoin year to date you would simply be pointed to the previous 4 years. If we did the same for the BRL, well..

Troll City

Oh, but kind sir, you should compare since 2008/2009. BTC wasn't invented in 2013, or did your brilliant mind forget that part.
I will not be so mean as to ask how BTC has fared in the same period.  



I'm starting to think that you have been shorting bitcoin since that guy bought pizza for 10000 BTC...  

If you bother to read the scales, BRL dropped 10% relative to USD, year to date.  I will not be so mean as to ask how BTC has fared in the same period. 

If you bother to read the scales, BRL dropped 10% relative to USD, year to date.  I will not be so mean as to ask how BTC has fared in the same period. 

After doing some extensive "Academic" research the last couple of minutes, it seems that adoption of BRL is going backwards...

Have a look at the following graph and zoom out
https://www.google.com/finance?q=BRLUSD&ei=yhWMVLnJGYqowAPZ-oCAAw

Further proof
http://www.moneycontrol.com/news/rupee/brazilian-real-at-9-year-low_1251549.html

It seems that the BRL is dying and has no longterm success.

All the speculators that were holding onto BRL dumped, because they saw no future in it anymore, even the whales dumped.

Sigh. Do I need to count the posts in this thread that claim you are a troll spamming this thread with "NO SPECULATION" yapping, which they rather see going? Please take this good advice and let Bitcoin do it's business, while you can go do some "Academic" stuff.

We're starting to go in circles...



USD tx is "flat" only from a very shallow analysis. Looking at it in more detail, we see it drastically fell from a peak value in December last year, with one intermediate spike in March, to a low point in May, and has been rising since then despite falling price.

USD tx going up since May despite falling price means one thing and one thing only: usage is going up since then.

Sorry if that doesn't fit your narrative, but it's about as close to a fact as you can get, given our imperfect ways to observe the economic network size.



Bitpay went from 5 million USD per month to 30 million per month from mid 2013 to mid 2014, and you're "not seeing any clear signs adoption is increasing". That's really pretty funny... Let me try to drive home my point that you're cherry picking now:

Is there a climatology department at your university? Maybe go over there in a year when the latest climate data does not show an increase in average temperate or some other metric that is used in the global climate models, and tell them that it looks like climate change/global warming is over, since their latest data point doesn't show a continuation of the trend. See how they'll laugh as they you show you the door.

I'm being a bit facetious here, the Bitcoin market trend is less established (and less researched) than climate trends, but the principle is the same:

If there has been a strong, clear trend of about 5 years, you cannot conclude from a weaker subtrend of a few months that the larger trend has reversed.

You can be "skeptical" perhaps based on the latest data points, but the global assessment still has to be driven by the global trend, not the local one.


I'll summarize:

Fact: Adoption is way up from 2010 (when the network went live on a global scale).

Fact: The latest available data that is indisputably in favor of growing adoption is from mid 2013 to mid 2014 (e.g. Bitpay).

Fact: The intra-2014 data is less conclusive, showing both signs of falling trends and rising trends.

Conclusion: If in one or two years from now, the numbers (like USD tx, Bitpay/Coinbase volume) are stagnant compared to now, we could perhaps conclude adoption halted. But as of December 2014, it is a safe conclusion, given the data, that adoption has been growing.

We say the same thing. You're after fiat, I'm after BTC. Both are considered ''wealth''.