Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25868. (Read 26608969 times)

Will we break 480 this time?

Stamp is leading Finex which is a nice change 

I claim to NOT like it and frequently I attempt to resist, but from time to time, I do get drawn in to the hype, too.   

I got only one friend interested in Bitcoin after going mental on Facebook during bubble and he bought 4.5 at 800$  

He bought them from me though 

I watched the video, it does not seem to say anything very different from what the central banks have been saying.  I haven't had time to read the articles byond their abstracts.

I wonder where thy got their estimates of number of bitcoin owners.  The "1-2 million worldwide"  may be from Risto's analysis.  The '20'000 in UK" is new to me.

Well, he declared that he is a sceptic, so you already know his position.

I want to see his response (from a sceptical point of view) on the publication from an institution with vested power.
But then again, he is a computer science Prof. Might be better to consult an economist?
But then again, he says that bitcoin problems are so easy to see that it is not necessary.
Oh well....

I have no use for numerology either. Some numbers are just plain cool though.

I posted on pages 1337 and 2600. Missed page 420. Damn.

 

Yeah, I lost my temper for a bit too...  No offense taken, apologies on my part.

if you understand bitcoin you should understand that you need not believe, you know! 

Oh yeah... encourage him....       

honestly Jorge i'm sorry i was rude....

idk what else to say

keep on saying your point of view its refreshing altho it can get nerve racking sometimes, i'll try to just ignore what i dont like and leave it at that

friends?

Glad to see you back, Prof (honest)!

Have you read the review on bitcoin from the Bank of England? I sincerely hope to have your view on it.
http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/2014/qb14q3prereleasedigitalcurrenciesbitcoin.aspx

I have mentioned this too.. that I have attempted to "work" a few people in my real world circles to educate them on bitcoin, and largely people that I know seem to get excited by the idea, yet remain hesitant to get involved because of various uncertainties and feelings that the matter is novel and could have more downside, especially since the price has been moving down for the last 9 months-ish, and maybe NOT enough people are "on board" yet for their liking and comfort.

People can still be really poor and afford one bitcoin or afford one fraction of a bitcoin to set aside, but people do NOT even take those kinds of beginner steps to invest or to diversify because it seems too much work for them and they just seem to be waiting for more and more momentum and ease of use.. and this may take several years for these people to jump on board with us when they begin to see bitcoin being accepted in more and more merchants.. that seems to be why high profile acceptance can be very helpful for bitcoin perceptions /image.. including e-bay or overstock or dell or Second Market or the bitdrop in Dominica or whatever may be next down the pike...

Even the ebay announcement has NOT been implemented yet and if COIN is approved that seems like it would be BIG for bitcoin... and if some country (such as Scotland, which seems to be quite a long shot even though it has been discussed in some of those scottish administrative circles) were to really take on bitcoin as their national currency, that would also add to the momentum of bitcoin.  Or if there were to be some oil tanker purchases with bitcoin, those kinds of large real world transactions (which seem to be coming some day soon) would also be BIG for bitcoin.

Explanation

...

you crap on my beliefs, wtf did you think was going to happen?

When will you realize that there are people who understand bitcoin but honestly do not believe in it?

Why do some of you feel compelled to insult the non-believers, just because they don't believe? 

for me most of my friend seem to understand the benefits / potential, but none of them put money in, they see that i made money and they feel they missed the boat, or just don't have any money for sepulcation...

i gave them all coins at Xmas, but EVERY SINGLE ONE of these coins came back to me over the last 2 years.

In retaliation, he may be boycotting the rule of the penquin....     

Probably, Jorge is attempting to figure out a new angle to attempt to get us to reconsider the various and numerous "perils" of bitcoin.  

His recent ridiculous comment about talking to most of his friends who already knew that bitcoin was "NO good" was  a fairly lame commentary.

I would NOT write him off, and he will probably continue to pursue stupid angles... HOWEVER, if he were to just set up a few accounts on the blockchain or maybe through some other services (and buy some bitcoin or a fraction thereof), he could potentially recuperate some of his bitcoin credibility.... Although, he does have some credibility and respect amongst trolls and some people who are distracted by his faux "academic" assessments of the fate of bitcoin.

He sounds like idiot anyway but imagine his bitcoin fundamentals bashing bullshit with likes of Paypal going for it. It would be too much even from him.