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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25037. (Read 26710206 times)

legendary
Activity: 2002
Merit: 1040
Revisions, another comment period, blah blah
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Ben Lawsky to Speak About the BitLicense Tonight at 6PM EST and will take Q&A
http://cardozolaw.hosted.panopto.com/Panopto/Pages/Viewer.aspx?id=01b5be00-c8df-4688-a1dc-5302b6ca3c7e


Hasn't he got bigger things on Wall St. to worry about?? ... like the NY Fed letting Goldman Sachs be "above the law" in the Carmen Segarra tapes?

http://www.huffingtonpost.com/bartlett-naylor/does-carmen-segarra-expla_b_5961668.html

... too big to jail for little Lawsky?
hero member
Activity: 560
Merit: 500
dz5
newbie
Activity: 5
Merit: 0
Panopto works almost as well as circle. By that I mean not at all.
hero member
Activity: 583
Merit: 500
Why are moroons selling again? Do you hate it so much that your coins are rising in value, you need to ruin it? Idiots!!


Flawsky opened his mouth again...
sr. member
Activity: 437
Merit: 250
Well how fast this bear-trap closes will determine how fast we will break $500
sr. member
Activity: 280
Merit: 250
Why are moroons selling again? Do you hate it so much that your coins are rising in value, you need to ruin it? Idiots!!
Don't worry, your bullwhale savior will dump a few more million to support and absorb the sell off. It's just a matter of when the bullwhale runs out of fiat, because then the market will decide what the price should be Cheesy
hero member
Activity: 538
Merit: 500
It's bleeding! Embarrassed

I believe they want to create daily hammer and thus influence the price movement.
full member
Activity: 336
Merit: 100
Why are moroons selling again? Do you hate it so much that your coins are rising in value, you need to ruin it? Idiots!!
hero member
Activity: 588
Merit: 500
hero member
Activity: 560
Merit: 500
270 to ~420 was a little Moon imo Smiley

Don't worry, big Moon will come Smiley
sr. member
Activity: 378
Merit: 254
You guys promised me the moon, but this feels more like New Jersey Sad
*hello 300s.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
OMG its crashing everyone panic!panic!panic! panic NOWWW!!!!!!!
legendary
Activity: 3122
Merit: 1538
yes
The major Bitcoin wave is scheduled to top out in August 2016.
sr. member
Activity: 378
Merit: 254
newbie
Activity: 42
Merit: 0
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I agree that "Maths and Science" sometimes get thrown around like magical solutions by some pro-bitcoin people.

But ask yourself this:
How easy is it to change the money emission scheme for a central bank?  
How easy is it to change the money emission scheme for the bitcoin network?

To come up with some other buzzwords: it's the combination of decentralisation, personal incentives and the enabling technology that makes bitcoin tick.

Which why it is going to be very interesting watching the emerging govcoins (Ecuador, Philippines). Because, if their coins languish in the alts, or are attacked and burned, then it will be obvious to everyone that riding the Bitcoin train is the only way to go.

all they are really doing, is glorified online banking. an entry in their database is only worth something because the good poeple of Ecuador were told it was worth something.

 no government is going to have the BALLS it takes to limit their money supply.

but no matter we are doing it for them  Cool
Yeah, this.  If anything, I think the emergence of (small) govcoins might be a positive, since people might get used to using something crypto-like, and shops get the infrastructure and know-how on how to handle these things.  Then after a while, people will wonder why they can't just use bitcoin, which will be accepted globally, and will probably retain its value or increase in value much better  (don't know if the specifics on these govcoins are out yet, but I suppose they'll peg them to their national currency).
hero member
Activity: 924
Merit: 1000
Can I unfasten my seat belt yet?

No, the child safety seat is for your protection.
legendary
Activity: 1512
Merit: 1005
That's a different argument.  Clearly BTC is worth more than my shitcoin.   I simply pointed out that Bitcoin's inelasticity is, in itself, an insufficient reason for Bitcoin to succeed.

But money doesn't have to be elastic. And Bitcoin's inelasticity is absolutely the reason for its current and future success.

Sure, but that's a Keynes/Austrian school debate, outside of this thread's scope.  

I assure you that absolutely nothing is outside of this thread's scope.

The market will provide elastisity when needed. For example, in the season leading up to christmas, the public might hoard coins, leading to deflationary supplier prices, but that would be solved by credit expansion in the form of supplier loans to stores.
legendary
Activity: 2380
Merit: 1823
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