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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25068. (Read 26709727 times)

hero member
Activity: 894
Merit: 501
@Shroomskit

you really should do something else...you'll get a heartattack before you finish high school

hahaa!   Cheesy
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie.

Bear meat? Yum.

full member
Activity: 171
Merit: 100
While Finex and Stamp are already at 400, in China still fight for the 390th Shocked
How stupid actually.
The build the Wall in 2400 to again and again.
But soon have puked up.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
for all who have not read it yet
http://www.coindesk.com/apple-pay-threat-bitcoin/

$10 incoming!! Grin

Gotta say, that article seems incredibly misguided to me.

I think BTC might have issues with confirmation time right now that prevent a ton of in-store user adoption, but the long-term important advantage that BTC has, in my view, is transaction cost.  Apple isn't going to reduce transaction cost one iota for anybody in the chain, from what I can tell, but somebody pleae correct me if I am wrong.

For ordering online for next-day ship, fo airline tickets, for anything that doesn't require immediate change-of-possession, there is a 4%+ advantage to using BTC.

I just wish somebody would integrate a BTC wallet with gasoline pumps and come up with a way for me to put gas in my car while saving that 4%+, then split that savings with the merchant.

Apple just provides a slicker interface for using the same system of usury.


If anything Apple has proven historically that people are willing to pay a considerably high premium for ease of use (or even perceived ease of use).

Absolutely, you are correct.  They will.  But I don't see that as a threat to a blockchain-oriented solution. Consumers may very well be happy to pay, but ultimately, what goes on behind the scenes will migrate towards lower cost solutions, IMO.

In other words, Apple Pay could end up being the gateway to something more efficient.

There may be ways in which bitcoin innovations will be able to learn from what Apple does, and also, Apple's diving into this territory may allow for greater acceptance and adoption of bitcoin. 

Personally, I believe that bitcoin is NOT going to win in the short-term merely on it's payment system and low costs (though in the long run, bitcoin will provide a lot of competition regarding costs), and more savvy persons (like you and me and several other bullish-oriented posters in this thread) are going to realize that bitcoin holds much more value (than centralized systems, such as apple pay) because of its decentrailzation, flexibility and its store of value and we are NOT (hopefully) going to get distracted by mere ease of use framings... even though many of us alsolikely wished that BTC were easier to use in a variety of ways (yet we understand that ease of use will likely improve with time).
hero member
Activity: 644
Merit: 500
Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

I also started seeing plenty of "Do not buy Bitcoin - See where smart Bitcoin investors are putting their money now"

Or something like that.
hero member
Activity: 686
Merit: 500
Ultranode
The next 24 hours are critical; true or false?
hero member
Activity: 714
Merit: 500
Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.
legendary
Activity: 1176
Merit: 1000
Looks like panic on the shorts, could spike high.

When finex breaks 400 it is ON!
sr. member
Activity: 448
Merit: 250
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

In a way can we view this as a good thing? Isn't slow and steady growth considered " healthier"?

If BTC had a slow and steady growth it would be worth $10 right now. There's nothing slow about bitcoin.
hero member
Activity: 714
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

Having been on the wrong side in the past i can attest it is painful. 10 months of bear market confirmation means some shorts are going to hang on far too long waiting for the bear trend to resume.

rinse repeat rinse repeat. It's like re-loading a cannon. Watch the shorts load up and then pulse burst back up. $450 soon.
hero member
Activity: 672
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

In a way can we view this as a good thing? Isn't slow and steady growth considered " healthier"?

Sure. No hurry. But non stop people trying to take it down isn't exactly healthy either.
hero member
Activity: 504
Merit: 500
Moderator
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

+1
sr. member
Activity: 309
Merit: 250
confused developer
Huobi still at $390 wut
legendary
Activity: 2338
Merit: 2106
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

That's short leverage for you. Once the longs get momentum and it becomes obvious the low is in then people will stop dumping and start buying.


must be hard to break a 10 month habit.
full member
Activity: 171
Merit: 100
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

These Dumpers but only totally stupid in the head. And if the price continues shoots up, they cry afterwards. It happens to the stupid bear right! Grin
legendary
Activity: 1176
Merit: 1000
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

Having been on the wrong side in the past i can attest it is painful. 10 months of bear market confirmation means some shorts are going to hang on far too long waiting for the bear trend to resume.
full member
Activity: 224
Merit: 100
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

In a way can we view this as a good thing? Isn't slow and steady growth considered " healthier"?
full member
Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
@Shroomskit

you really should do something else...you'll get a heartattack before you finish high school
hero member
Activity: 672
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

I kinda understand that but why to the downside. Why never up? Is there less money to be made by Bitcoin going up? Hard to imagine.
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