Bitcoin is totally evil as well!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25500. (Read 26607060 times)
September 29, 2014, 05:56:22 AM
September 29, 2014, 05:51:51 AM
this actually feels a lot like the Nov '11 low at $2 and change
http://www.reddit.com/r/Bitcoin/comments/2hrso3/bitcoin_will_disrupt_some_of_the_most_powerful/
http://www.reddit.com/r/Bitcoin/comments/2hrso3/bitcoin_will_disrupt_some_of_the_most_powerful/
Totally agree. Back then Bitcoin felt like it could really die...
But look at where we are today. The media is actually starting to take it seriously. There are tons of startups and an entire industry being forged.
Lest we forget that the goal of a startup is pretty much to either IPO Facebook style or get acquired by a company such as Facebook.
It is only a matter of time before Bitpay, Coinbase, or some other company gets aquired by a major player such as Facebook (evil!) or Paypal, Amazon, etc.
Once the first acquisition takes place the floodgates will open. The competition will have no choice but to acquire a competing Bitcoin company for fear that they could be left behind in this new industry...
My own prediction is that the first acquisition will come from (in order of likelyhood);
1. Paypal.
2. Rakuten.
3. Google.
4. Facebook.
5. Microsoft.
As I said before... only one of these companies has to buy one Bitcoin startup and the others have to buy their own competing company by proxy (or start their own, which is more risky).
What i really need are a lot of bigger fools that are buying, to make be me become less of a bagholder.
FTFY
September 29, 2014, 05:49:20 AM
this actually feels a lot like the Nov '11 low at $2 and change
http://www.reddit.com/r/Bitcoin/comments/2hrso3/bitcoin_will_disrupt_some_of_the_most_powerful/
http://www.reddit.com/r/Bitcoin/comments/2hrso3/bitcoin_will_disrupt_some_of_the_most_powerful/
Totally agree. Back then Bitcoin felt like it could really die...
But look at where we are today. The media is actually starting to take it seriously. There are tons of startups and an entire industry being forged.
Lest we forget that the goal of a startup is pretty much to either IPO Facebook style or get acquired by a company such as Facebook.
It is only a matter of time before Bitpay, Coinbase, or some other company gets aquired by a major player such as Facebook (evil!) or Paypal, Amazon, etc.
Once the first acquisition takes place the floodgates will open. The competition will have no choice but to acquire a competing Bitcoin company for fear that they could be left behind in this new industry...
My own prediction is that the first acquisition will come from (in order of likelyhood);
1. Paypal.
2. Rakuten.
3. Google.
4. Facebook.
5. Microsoft.
As I said before... only one of these companies has to buy one Bitcoin startup and the others have to buy their own competing company by proxy (or start their own, which is more risky).
What we really need is people buying bitcoin for remitances- thats the frontier and future for bitcoin. Then we have billions coming into the system.
September 29, 2014, 05:46:05 AM
Few hours left to get 370+ 360$+350+$ for your precious BTC.
September 29, 2014, 05:45:26 AM
If the price of Bitcoins keeping lower my next buy will be at 300 
September 29, 2014, 05:43:49 AM
going to the Moon is a choice we make 
Were stocking fuel for Mars, don't cha know?
going to Mars is a suicide mission until they can have a space station around Mars
edit:
which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that...
Either Moon or Mars are nearly equally unrealistic.
Just because we saw the moon landing on TV does NOT mean that it actually happened.
Van allen belt makes space travel for humans impossible.
September 29, 2014, 05:43:37 AM
Facebook (evil!) or Paypal, Amazon, etc.
Amazon is totally evil as well
Bitcoin is totally evil as well!
September 29, 2014, 05:41:14 AM
this actually feels a lot like the Nov '11 low at $2 and change
http://www.reddit.com/r/Bitcoin/comments/2hrso3/bitcoin_will_disrupt_some_of_the_most_powerful/
http://www.reddit.com/r/Bitcoin/comments/2hrso3/bitcoin_will_disrupt_some_of_the_most_powerful/
Totally agree. Back then Bitcoin felt like it could really die...
But look at where we are today. The media is actually starting to take it seriously. There are tons of startups and an entire industry being forged.
Lest we forget that the goal of a startup is pretty much to either IPO Facebook style or get acquired by a company such as Facebook.
It is only a matter of time before Bitpay, Coinbase, or some other company gets aquired by a major player such as Facebook (evil!) or Paypal, Amazon, etc.
Once the first acquisition takes place the floodgates will open. The competition will have no choice but to acquire a competing Bitcoin company for fear that they could be left behind in this new industry...
My own prediction is that the first acquisition will come from (in order of likelyhood);
1. Paypal.
2. Rakuten.
3. Google.
4. Facebook.
5. Microsoft.
As I said before... only one of these companies has to buy one Bitcoin startup and the others have to buy their own competing company by proxy (or start their own, which is more risky).
September 29, 2014, 05:35:06 AM
going to the Moon is a choice we make
Were stocking fuel for Mars, don't cha know?
going to Mars is a suicide mission until they can have a space station around Mars
edit:
which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that...
Either Moon or Mars are nearly equally unrealistic.
Just because we saw the moon landing on TV does NOT mean that it actually happened.
September 29, 2014, 05:31:46 AM
going to the Moon is a choice we make
Were stocking fuel for Mars, don't cha know?
going to Mars is a suicide mission until they can have a space station around Mars
edit:
which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that...
Either Moon or Mars are nearly equally unrealistic.
Just because we saw the moon landing on TV does NOT mean that it actually happened.
September 29, 2014, 05:29:09 AM
To recreate the bug, you may have to have BFX open in one tab, then open the order book in a new tab.
You are right, I see another username and his balance flash in the top right panel for a second.
September 29, 2014, 05:20:30 AM
going to the Moon is a choice we make
Were stocking fuel for Mars, don't cha know?
going to Mars is a suicide mission until they can have a space station around Mars
edit:
which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that...
Either Moon or Mars are nearly equally unrealistic.
Just because we saw the moon landing on TV does NOT mean that it actually happened.
September 29, 2014, 05:18:27 AM
The exact annualised inflation rate jumps around every day, depending on how many bitcoins were mined in the last 24 hours.
It is around 10-14% currently, but will halve to around 5% at block height 420,000.
Say, 12%. It's not much, but unfortunately if works with "multiplicator": Since only about 20% of bitcoins are in circulation (the rest is on hodl), effect of new coins is 5 times stronger. I.e. this 12% inflation affects prices with the strength of 60% one. That is we need 60% annual user base growth just to maintain current price.It is around 10-14% currently, but will halve to around 5% at block height 420,000.
not quite, a portion of the new coins will going directly into the "hodl" category so it is less than your 60% ... and it is not a 60% increase in total number of users but total new funds by users to maintain current price.
September 29, 2014, 05:11:21 AM
I won't be closing my shorts anytime soon
i'm betting on 350$ in a couple of days, then maybe a
I fixed that post for you
, perhaps - everything is possible in the craziest market ever know to man September 29, 2014, 05:09:09 AM
Anyone know if coinfloor has sorted alternate uk banking arrangements?
September 29, 2014, 05:06:56 AM
I won't be closing my shorts anytime soon
i'm betting on 350$ in a couple of days, then maybe a
I fixed that post for you
September 29, 2014, 05:05:41 AM
I won't be closing my shorts anytime soon
Perhaps eating them?
September 29, 2014, 05:05:26 AM
Last year aoriund this time btc entered the rally 
Will history repeat itself?
Will history repeat itself? No chance, after this drop ends and a rebound follows we'll have the biggest drop, which should be scary.
People would have given the same answer last year when the market dropped after SR got taken out
O really? What is that? People sold and bought back lower... Same shit different story.
I think this is a good entry point, not sure if we already hit the bottom or not, but market looks completely oversold. Don't forget shorts on finex are near ATH
Market looking oversold (and it's not "completely") is normal at this stage, it doesn't mean it won't drop further.
September 29, 2014, 05:04:56 AM
I won't be closing my shorts anytime soon
i'm betting on 350$ in a couple of days, then maybe a crazy 20%+ bounce but maybe not
September 29, 2014, 05:04:31 AM
The exact annualised inflation rate jumps around every day, depending on how many bitcoins were mined in the last 24 hours.
It is around 10-14% currently, but will halve to around 5% at block height 420,000.
Say, 12%. It's not much, but unfortunately if works with "multiplicator": Since only about 20% of bitcoins are in circulation (the rest is on hodl), effect of new coins is 5 times stronger. I.e. this 12% inflation affects prices with the strength of 60% one. That is we need 60% annual user base growth just to maintain current price.It is around 10-14% currently, but will halve to around 5% at block height 420,000.
not quite, a portion of the new coins will going directly into the "hodl" category so it is less than your 60% ... and it is not a 60% increase in total number of users but total new funds by users to maintain current price.
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