Now that Bitcoin is accepted by Paypal, which uses BitPay, I expect increased selling pressure. Every purchase made with BTC through Paypal will effectively equal selling those Bitcoin for FIAT. As the recipients of the transactions through Paypal will have to receive USD (I think 99.9% of vendors / ebay users does not have a bitcoin wallet anyway), every transaction paid with Bitcoin will be dumped on the nearest exchange immediately, so that PayPal (or rather, Bitpay and Coinbase) can pay out the recipient.
Therefore this is good for Bitcoin adoption, bad for Bitcoin price.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25573. (Read 26610932 times)
September 27, 2014, 05:34:31 PM
September 27, 2014, 05:26:46 PM
September 27, 2014, 05:24:28 PM
i'm sure some BTC buys are just to buy into some altcoin.
thats not exactly bearish for bitcoin tho ...
thats not exactly bearish for bitcoin tho ...
September 27, 2014, 05:21:34 PM
so people bought btc to pump doge you say? 
He's claiming people are sending btc to exchanges to pump doge.. that is network transactions, not exchange transactions.
ah that makes more sense
September 27, 2014, 05:21:22 PM
You don't have the slightest clue what quantum physics is about, do you? Science is most definitely not a religion, it's a method. A very successful method towards generating understanding and technological progress from that understanding. Quantum physics has fuck-all to do with 'belief', to put it bluntly.
Quote
Science (from Latin scientia, meaning "knowledge"[1]) is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.[2][3][4] In an older and closely related meaning, "science" also refers to a body of knowledge itself, of the type that can be rationally explained and reliably applied. A practitioner of science is known as a scientist.
source: http://en.wikipedia.org/wiki/Science
Go on then, state your point?
What would I know about science? I'm only a troll here. Go away!
September 27, 2014, 05:20:51 PM
so people bought btc to pump doge you say?
He's claiming people are sending btc to exchanges to pump doge.. that is network transactions, not exchange transactions.
September 27, 2014, 05:20:00 PM
Anything to do with the transaction spam made by a certain company whose name I won't say?
They are spamming the whole blockchain with 1 satoshi transactions
September 27, 2014, 05:18:57 PM
You don't have the slightest clue what quantum physics is about, do you? Science is most definitely not a religion, it's a method. A very successful method towards generating understanding and technological progress from that understanding. Quantum physics has fuck-all to do with 'belief', to put it bluntly.
Quote
Science (from Latin scientia, meaning "knowledge"[1]) is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.[2][3][4] In an older and closely related meaning, "science" also refers to a body of knowledge itself, of the type that can be rationally explained and reliably applied. A practitioner of science is known as a scientist.
source: http://en.wikipedia.org/wiki/Science
Go on then, state your point?
September 27, 2014, 05:18:42 PM
so people bought btc to pump doge you say?
September 27, 2014, 05:18:01 PM
Yeah. That's the doge maniac. They are all buying doges, therefore this volume spike.
Brock a shibe maniac??
September 27, 2014, 05:13:46 PM
It could be considered a religion in some ways. Science tries to explain the whole universe, most religions do the same. Quantum goes full circle and puts belief before creation.
You don't have the slightest clue what quantum physics is about, do you? Science is most definitely not a religion, it's a method. A very successful method towards generating understanding and technological progress from that understanding. Quantum physics has fuck-all to do with 'belief', to put it bluntly.
Quote
Science (from Latin scientia, meaning "knowledge"[1]) is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.[2][3][4] In an older and closely related meaning, "science" also refers to a body of knowledge itself, of the type that can be rationally explained and reliably applied. A practitioner of science is known as a scientist.
source: http://en.wikipedia.org/wiki/Science
September 27, 2014, 05:12:38 PM
no chance in hell.
September 27, 2014, 05:09:44 PM
It could be considered a religion in some ways. Science tries to explain the whole universe, most religions do the same. Quantum goes full circle and puts belief before creation.
You don't have the slightest clue what quantum physics is about, do you? Science is most definitely not a religion, it's a method. A very successful method towards generating understanding and technological progress from that understanding. Quantum physics has fuck-all to do with 'belief', to put it bluntly.
September 27, 2014, 05:08:56 PM
September 27, 2014, 05:05:24 PM
There is the dilemma I guess. Money in of itself is not evil. The LOVE of money is evil. Do I love money? I think it is hard not to be tempted by the comfort it can bring for sure. I wrestle with this. I am going to India in six weeks and I will be hit in the face and greatly humbled by those that can live lives of complete contentment and even joy with far less than I have. So in a way you are right. It is an area that I probably have some issues with, especially growing up in a rich area in the United States that is surrounded by every luxury we could ever want.
You almost sound smug beforehand, as if you're being a better person by deciding to go somewhere where people are poor, and already portraying yourself as 'being humbled' before you even went.
As a critically thinking Christian (a rear breed indeed), I can assure you that the vast majority of Christians do see themselves as "better". But, I also think most of them are fools who take the wrong things literally while ignoring the crucial truths that can be found in religious texts of all creeds.
@BitChick, while you're in India PLEASE do more listening than talking, especially about religion.
I am sure I am going with a pre-conceived idea of what will happen and sure, I might be totally smug too. I might be a greedy, selfish, self indulgent person that cannot even see her own hypocrisy and I need a good kick in the pants and hopefully this little trip, or other things in my life, will help me see the areas I am blind to. That is my prayer anyways.
We are going to be doing various things in India, not just "talking." We are putting in some water wells, visiting orphans and some other humanitarian outreaches. I am actually going to be singing too, at least one song in their language, for a women's conference we are having with 500 women or so attending. I was asked to talk. It is humbling to do so really, so I have to admit that I will be doing some "talking." It will be translated into Telugu. It seems weird to go as a westerner to speak to Dalit women in India, but they are not used to American women even going there and in a way they are happy we are even coming. (we are funding the entire event too. Some of these women have never even been on a retreat at all so this is a huge even for them! Regardless of what I say, or if it even irrelevant, the retreat itself will mean so much to them I hope!)
All I'm trying to say is that these people probably have more to add to your understanding then you have to add to theirs. They have much more experience with struggle and sacrifice than you will ever know. Keep that in mind, and do pray for humility before you go so you can maximize what you learn.
September 27, 2014, 05:02:16 PM
September 27, 2014, 05:01:17 PM
September 27, 2014, 04:53:04 PM
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
I'm not even saying wanting to make money is bad, I mean we're all here, are we not? I'm trying to make as much money as I can too.. I'm just using you as an example to the forum for how you can make buttloads of hypothetical money and then still lose most of it due to tunnel vision and stubbornness in your beliefs.
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
What a lovely and patient fellow.
NOT
September 27, 2014, 04:51:28 PM
There is the dilemma I guess. Money in of itself is not evil. The LOVE of money is evil. Do I love money? I think it is hard not to be tempted by the comfort it can bring for sure. I wrestle with this. I am going to India in six weeks and I will be hit in the face and greatly humbled by those that can live lives of complete contentment and even joy with far less than I have. So in a way you are right. It is an area that I probably have some issues with, especially growing up in a rich area in the United States that is surrounded by every luxury we could ever want.
You almost sound smug beforehand, as if you're being a better person by deciding to go somewhere where people are poor, and already portraying yourself as 'being humbled' before you even went.
As a critically thinking Christian (a rear breed indeed), I can assure you that the vast majority of Christians do see themselves as "better". But, I also think most of them are fools who take the wrong things literally while ignoring the crucial truths that can be found in religious texts of all creeds.
@BitChick, while you're in India PLEASE do more listening than talking, especially about religion.
I am sure I am going with a pre-conceived idea of what will happen and sure, I might be totally smug too. I might be a greedy, selfish, self indulgent person that cannot even see her own hypocrisy and I need a good kick in the pants and hopefully this little trip, or other things in my life, will help me see the areas I am blind to. That is my prayer anyways.
We are going to be doing various things in India, not just "talking." We are putting in some water wells, visiting orphans and some other humanitarian outreaches. I am actually going to be singing too, at least one song in their language, for a women's conference we are having with 500 women or so attending. I was asked to talk. It is humbling to do so really, so I have to admit that I will be doing some "talking." It will be translated into Telugu. It seems weird to go as a westerner to speak to Dalit women in India, but they are not used to American women even going there and in a way they are happy we are even coming. (we are funding the entire event too. Some of these women have never even been on a retreat at all so this is a huge even for them! Regardless of what I say, or if it even irrelevant, the retreat itself will mean so much to them I hope!)
September 27, 2014, 04:50:44 PM
Areas of science are taboo to talk about. Science has its own dogmas. Check out the work of Rupert Sheldrake.
He has challenged my materialistic background.
I believe that the worst thing about religions is that the worst elements of humanity continue to exist within them. This is also why I reject the state.
The state, in its current form will try to use violence to solve problems. Our problem as a species is that we have not risen above this yet.
We are seeing the birth of some kind of east/west religious clashing based cold war type scenario gain momentum because humans also just love to pick sides.
My observation of religious people has led me to believe that the majority of them shun violence, therefore I no longer resent the religious the way I used to.
I continue to try to build a world where violence is never seen as a solution to a problem.
He has challenged my materialistic background.
I believe that the worst thing about religions is that the worst elements of humanity continue to exist within them. This is also why I reject the state.
The state, in its current form will try to use violence to solve problems. Our problem as a species is that we have not risen above this yet.
We are seeing the birth of some kind of east/west religious clashing based cold war type scenario gain momentum because humans also just love to pick sides.
My observation of religious people has led me to believe that the majority of them shun violence, therefore I no longer resent the religious the way I used to.
I continue to try to build a world where violence is never seen as a solution to a problem.
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