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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24976. (Read 26711086 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
I think speculators are guessing that an altcoin will replace Bitcoin or that Bitcoin 2.0 derivatives will make Bitcoin unnecessary as a store of value. They will see the error in their presumptions.
legendary
Activity: 1260
Merit: 1116
hero member
Activity: 784
Merit: 1000
I'm surprised there hasn't been a dump yet
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Bit disappointed by your response there lambchop. Was hoping to learn something. Anyone else care to chime in on whether price leads sentiment or the reverse?

its a paradox, for real, its a fucking paradox!

i've been here for years and i can assure you its a paradox  Cheesy Cheesy

It's a feedback loop. They feed off each other.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I agree, Metcalfe's law for Bitcoin should use (number of customers)x(number of merchants) instead of (number of users)2.  Unfortunately we do not have data on the number of customers and how it is evolving.

Perhaps. Though I suspect it might not be quite as simple as that since there will still be some interconnection between the customers themselves and, also,to a lesser degree, the merchant group (Consider the effect of ebay on turning consumers into sellers). Not all nodes in a network have to be interconnected (I am not emailing your mother, for example), the value is *proportional* to the square after all. Presumably this is because the number of interconnections rises with the square but the percentage of those connections that are used is a fairly constant proportion of those available. Having two disparate groupings does introduce an interesting factor. Perhaps there would be a paper for it for a computer researcher...

My suspicion is that the main part of the value comes from the users. Whatever their proportional value, as it is the square, it will rise more and more quickly as large numbers are attained. Merchants, on the other hand, will tend to have a much smaller number overall so their contribution will rise more slowly.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
that would make no difference. if/when it comes down to it, there are no jurisdictions, there is no law. that much is certain. 
legendary
Activity: 1680
Merit: 1045
Mother of god I need to leave this awful island. GCHQ has fewer safeguards in place than the NSA.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
>1,000$ pre bitcoin party 

SOON!  Wink

alright i'm out , good night NY, Good Night Montreal., GOOD NIGHT BITCOIN!
sr. member
Activity: 280
Merit: 250
sr. member
Activity: 378
Merit: 254
For the love of all that is good and holy, please don't!  Nothing which looks that awful is free of evil.
sr. member
Activity: 541
Merit: 362
Rules not Rulers

If only you "sexy senior citizens" knew how revolting that is to the rest of us.  I remember being on the West Coast for the first time, driving the coastal highway with my (still recent) GF.  Pulled over for a walk on the beach as the sun started to set.  Stuff Harlequin Romance is made of:  Sunset, walking  barefoot down an empty beach hand-in-hand, love, thinking we're the only ones who matter in the whole world as we came onto a cove.
...With fricking aging naked hippies playing Frisbee, tits and dicks flapping all over the place and the fuckers start grinning at us, they throw us their frickin' Frisbee!
Ugh.
Just please, NO!

you're a bit uptight aren't you?

D00d, a whole rest home's worth of naked old people, do you understand what I'm saying to you!?!
This weren't just some gangly teens or just homely adults--I'm talking flapping, sagging, swinging, shameless frickin' old hippies!  Playing Frisbee!  And grinning at us like it's not even the grossest thing in the world!

well i'm not saying i would go out of my way to see that shit....... just that when i'm that age, that kind of shit is exactly what i plan to be doing
sr. member
Activity: 378
Merit: 254
...
You were lucky they were just playing frisbee. It could have been much worse.

Imagine a couple of stereotypical jaded NY kids seeing all that gorgeous West Coast shit for the first time--the stuff overwhelms you to the point that you drop your guard and everything is unironically beautiful and you're beginning to understand t ...WHAM!  NAKED OLD PEOPLE MOTHERFUCKER!
sr. member
Activity: 378
Merit: 254

If only you "sexy senior citizens" knew how revolting that is to the rest of us.  I remember being on the West Coast for the first time, driving the coastal highway with my (still recent) GF.  Pulled over for a walk on the beach as the sun started to set.  Stuff Harlequin Romance is made of:  Sunset, walking  barefoot down an empty beach hand-in-hand, love, thinking we're the only ones who matter in the whole world as we came onto a cove.
...With fricking aging naked hippies playing Frisbee, tits and dicks flapping all over the place and the fuckers start grinning at us, they throw us their frickin' Frisbee!
Ugh.
Just please, NO!

you're a bit uptight aren't you?

D00d, a whole rest home's worth of naked old people, do you understand what I'm saying to you!?!
This weren't just some gangly teens or homely adults--I'm talking flapping, sagging, swinging, shameless frickin' old hippies!  Playing Frisbee!  And grinning at us like it's not even the grossest thing in the world!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
we are getting old.

Speak for yourself. I'm only 66 and still rockin'.  Cool

i'm only 26! with so much front of me, finalying starting realize its not about the end game its about how you get there.
i have some big plan for my bitcoin carree, gonna take over these forums one day with my site, I've got a good plan to sucker you all in to using my site to chit chat,  just need to bluck down and make it happen!

just be busy trying to deal these days... fuck man i could've been a rock star but life got in the way you know what i mean.
Nice website .now in my favourites  Cool

watch for it, i just need a few good weekends really, then ill be out of beta... then...

BOOOM


EVERYTHING CHANGES
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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