Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24949.

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Quote from: ShroomsKit on October 22, 2014, 12:13:48 AM

Quote from: molecular on October 22, 2014, 12:01:53 AM

Quote from: cheekychap on October 21, 2014, 11:56:21 PM

Quote from: fonzie on October 21, 2014, 11:20:00 PM

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Buy orders are definitely solid. We should be going over 400 soon.

We could be sliding sideways for a while, too.

Or down.

Yes I completely agree. From here we could be going up, down or sideways....wait isn't that always the case?

janos666

hero member

Activity: 588

Merit: 500

Quote from: ShroomsKit on October 22, 2014, 12:13:48 AM

Quote from: molecular on October 22, 2014, 12:01:53 AM

Quote from: cheekychap on October 21, 2014, 11:56:21 PM

Quote from: fonzie on October 21, 2014, 11:20:00 PM

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Buy orders are definitely solid. We should be going over 400 soon.

We could be sliding sideways for a while, too.

Or down.

Well, if it doesn't jump then it probably will slowly but constantly go down. Constant slow growth just isn't possible here.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: molecular on October 22, 2014, 12:01:53 AM

Quote from: cheekychap on October 21, 2014, 11:56:21 PM

Quote from: fonzie on October 21, 2014, 11:20:00 PM

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Buy orders are definitely solid. We should be going over 400 soon.

We could be sliding sideways for a while, too.

Or down.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: cheekychap on October 21, 2014, 11:56:21 PM

Quote from: fonzie on October 21, 2014, 11:20:00 PM

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Buy orders are definitely solid. We should be going over 400 soon.

We could be sliding sideways for a while, too.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

cheekychap

full member

Activity: 182

Merit: 100

Quote from: fonzie on October 21, 2014, 11:20:00 PM

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Buy orders are definitely solid. We should be going over 400 soon.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Adrian-x on October 21, 2014, 11:39:54 PM

Quote from: janos666 on October 21, 2014, 11:30:48 PM

Quote from: Raystonn on October 21, 2014, 10:20:42 PM

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

To be honest, I think this whole 21M thing and even more so the utilization of the decimal fractions make absolutely no f¤ked sense for something like Bitcoin. This is just retarded in my opinion. A stupid mind trick and/or superstitious act which sacrifices logic and ease of use.
If I were the one to set up a maximum number for the coin supply, my first candidate would have been the highest possible number granted by the size of the underlaying integer or floating point variable but I would have revised it to an y=10^x (where x is a convenient whole number, something around 15 or 20).

Even if I make myself not caring about the 21 thing, but...
A decimal fractions?
DECIMAL FRACTIONS?

REALLY???
REALLY? Huh

Makes no f¤cked sense. No no no... It's just wrong. Illogic and inconvenient = suboptimal ~ stupid.

Just as well then, it doesn't seem to me Satoshi thought we'd be using so many decimals, early on he proposed just moving the decimal point, and calling the new fraction Bitcoin. Seems some over enthusiastic programmers went and named and solidified the denominations making it impractical or confusing to go and just move the decimal point.

Well, moving the decimal point is impractical and confusing.

We should migrate to XBT/bits and be done with it.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Adrian-x on October 21, 2014, 11:26:50 PM

Quote from: Raystonn on October 21, 2014, 10:20:42 PM

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

The next parity target is 1bit = 1USDbit (12.5c)

back in July I made a thread: BIT parity - the rise of the BIT against world fiat currencies and other things

Quote from: molecular on July 13, 2014, 04:50:31 AM

For 1 bit, one can currently buy:

16 Iranian Rial
13 Viet Nam Dong
7 Indonesian Rupiah
1.17 Colombian Peso

I'll try to think of reviving it when we go above the peso again (I think we dropped below Columbioan Pesos parity)

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

Quote from: Raystonn on October 21, 2014, 10:48:51 PM

Quote from: KFR on July 07, 2014, 03:01:52 PM

Quote from: JorgeStolfi on July 07, 2014, 02:54:48 PM

Cryptocurrencies are meant to allow payments that governments (and banks, which can be conflated with them) cannot see, block, divert, or undo.

In your mind maybe. You don't get to speak for any cryptocurrency developers. We can speak for ourselves thanks.

Quote

That is not explicit in Satoshi's paper, but seems to have been a basic assumption by most of the crypto fans, especially the most ardent ones. (Reducing credit card fees is not something that would get people that excited about, is it?).

Most cryptocoins seem to be designed and supported with that goal in mind. Some bitcoiners are even adopting other coins because they do not see bitcoin as sufficiently robust in that regard. Few coins, if any (Ripple perhaps? I don't know about it) are designed to allow the same level of control that governments now have on bank transfers.

Bitcoiners are a broad church and you, especially you, don't get to speak for all of us. Stop trying to paint Bitcoin as a political tool invented by political extremists. YOU are the bloody extremist here, prof. Bitcoin is a technology. Like Bittorrent. Like the Internet. Like electricity. Like guns. Like fire. Some people use it to make things; others to break and/or take things. Some people just sit at the sidelines hurling abuse and shouting "heresy" right up to the point where they're drowned out by the sound of change inexorably passing them by.

You're not a skeptic; you're an intellectually dishonest, disingenuous shit-slinger with absolutely nothing worthwhile to contribute to this conversation.

BTW, been meaning to tell you something...
You rock.

Wink

Yeah...rocking: I always think you've won an argument when you're the first to ignore the points made and start calling people names instead....almost Platonic.

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: janos666 on October 21, 2014, 11:30:48 PM

Quote from: Raystonn on October 21, 2014, 10:20:42 PM

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

To be honest, I think this whole 21M thing and even more so the utilization of the decimal fractions make absolutely no f¤ked sense for something like Bitcoin. This is just retarded in my opinion. A stupid mind trick and/or superstitious act which sacrifices logic and ease of use.
If I were the one to set up a maximum number for the coin supply, my first candidate would have been the highest possible number granted by the size of the underlaying integer or floating point variable but I would have revised it to an y=10^x (where x is a convenient whole number, something around 15 or 20).

Even if I make myself not caring about the 21 thing, but...
A decimal fractions?
DECIMAL FRACTIONS?

REALLY???
REALLY? Huh

Makes no f¤cked sense. No no no... It's just wrong. Illogic and inconvenient = suboptimal ~ stupid.

Just as well then, it doesn't seem to me Satoshi thought we'd be using so many decimals, early on he proposed just moving the decimal point, and calling the new fraction Bitcoin. Seems some over enthusiastic programmers went and named and solidified the denominations making it impractical or confusing to go and just move the decimal point.

janos666

hero member

Activity: 588

Merit: 500

Quote from: Raystonn on October 21, 2014, 10:20:42 PM

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

To be honest, I think this whole 21M thing and even more so the utilization of the decimal fractions make absolutely no f¤ked sense for something like Bitcoin. This is just retarded in my opinion. A stupid mind trick fling and/or superstition service which sacrifices logic and ease of use. Not an optimal, not logical, not convenient, not nice.

If I were the one to set up a maximum number for the coin supply, my first candidate would have been the highest possible number granted by the size of the underlaying integer or floating point variable but I would have revised it to an y=10^x (where x is a convenient whole number, something close to 20).

Even if I make myself not caring about the 21 thing, but... decimal fractions?
DECIMAL FRACTIONS?

REALLY???
REALLY? Huh

Makes no f¤cked sense. No no no... It's just wrong. Illogic and inconvenient = suboptimal ~ stupid.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: fonzie on October 21, 2014, 11:20:00 PM

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Cool

LEVERAGED LONGS! (Do not recommend buying >$500)

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: Raystonn on October 21, 2014, 10:20:42 PM

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

The next parity target is 1bit = 1USDbit (12.5c)

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: KFR on July 07, 2014, 03:01:52 PM

Bitcoiners are a broad church

Well, if you say so... Wink

Quote

Some people just sit at the sidelines hurling abuse ... you're an intellectually dishonest, disingenuous shit-slinger with absolutely nothing worthwhile to contribute to this conversation.

Indeed...

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

Cool

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Raystonn

sr. member

Activity: 364

Merit: 250

Quote from: KFR on July 07, 2014, 03:01:52 PM

Quote from: JorgeStolfi on July 07, 2014, 02:54:48 PM

Cryptocurrencies are meant to allow payments that governments (and banks, which can be conflated with them) cannot see, block, divert, or undo.

In your mind maybe. You don't get to speak for any cryptocurrency developers. We can speak for ourselves thanks.

Quote

That is not explicit in Satoshi's paper, but seems to have been a basic assumption by most of the crypto fans, especially the most ardent ones. (Reducing credit card fees is not something that would get people that excited about, is it?).

Most cryptocoins seem to be designed and supported with that goal in mind. Some bitcoiners are even adopting other coins because they do not see bitcoin as sufficiently robust in that regard. Few coins, if any (Ripple perhaps? I don't know about it) are designed to allow the same level of control that governments now have on bank transfers.

Bitcoiners are a broad church and you, especially you, don't get to speak for all of us. Stop trying to paint Bitcoin as a political tool invented by political extremists. YOU are the bloody extremist here, prof. Bitcoin is a technology. Like Bittorrent. Like the Internet. Like electricity. Like guns. Like fire. Some people use it to make things; others to break and/or take things. Some people just sit at the sidelines hurling abuse and shouting "heresy" right up to the point where they're drowned out by the sound of change inexorably passing them by.

You're not a skeptic; you're an intellectually dishonest, disingenuous shit-slinger with absolutely nothing worthwhile to contribute to this conversation.

BTW, been meaning to tell you something...
You rock.

Wink

KFR

hero member

Activity: 560

Merit: 500

Per ardua ad luna

Quote from: Raystonn on October 21, 2014, 10:20:42 PM

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

+1

Raystonn

sr. member

Activity: 364

Merit: 250

I am going to start using the term "bits" from now on when quoting prices. I agree with Gavin.

Price is currently about $0.000387 per bit. Let's go for bit-dollar parity! Wink

Davyd05

hero member

Activity: 574

Merit: 500

http://www.rcmp-grc.gc.ca/cfp-pcaf/faq/index-eng.htm

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24949. (Read 26711605 times)