check out the change on Bitfinex http://bitcoinity.org/markets/bitfinex/USD
stamp still looking a little like it has just been fingered by gary glitter
Ok Coin still trying after the bounce off 3500 .. Huboi is slumbery
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26438. (Read 26609992 times)
August 11, 2014, 06:22:41 PM
August 11, 2014, 06:20:01 PM
Speaking of Satoshi Nakamoto, I have a "historical" question. When he set up the first mining node and started the current blockchain, did he see it as "the" blockchain, that one day would be used to buy servers from Dell, support investment funds, send people to jail, etc.; or did he think of it as an alpha-test of the protocol, that would be used only by computer nerds, only long enough to show that the idea was sound?
(IIRC there is nothing about that in the published paper. Did he comment on that in his "epistles"?)
Yes.(IIRC there is nothing about that in the published paper. Did he comment on that in his "epistles"?)
http://www.reddit.com/r/Bitcoin/comments/1r8iwt/satoshi_and_hal_finney_discuss_the_value_of/
Hall is wrong about the economical aspect though. Bitcoin wouldn't take the value of all the wealth in the world. It would take over the value of the things it replaces (and perhaps some more for the value it creates), meaning the value of fiat (as currency and a savings vehicle), and to a certain degree of gold, bonds etc. (as savings vehicles) + who knows what.
Money is a commodity in its own right, and is valued as such. It's not because the value of a house would be measured in BTC that bitcoin takes over the value of that house.
August 11, 2014, 06:19:55 PM
Bids filled. Waited for that since Sunday 
Also thinking about moving funds on finex and opening some longs.
I see many here are buying back!
Also thinking about moving funds on finex and opening some longs.I see many here are buying back!
not buying back, just not yet.... the whole scene is just not convincing (yet)... feels good to be right when others calls you a troll for using your brain.
Yes.. I know you tend to be selectively memory correct... How's your litecoin advocacy campaign going?
ha ha miaOW
August 11, 2014, 06:19:44 PM
adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.
Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?
100,00$?
?? You said said 100,00$?We will dump it to oblivion! So you can get 10,000 BTC for a pizza again.
Is that enough bear market, or you have some improvement proposals?
August 11, 2014, 06:18:41 PM
Bids filled. Waited for that since Sunday Also thinking about moving funds on finex and opening some longs.
I see many here are buying back!
Also thinking about moving funds on finex and opening some longs.I see many here are buying back!
not buying back, just not yet.... the whole scene is just not convincing (yet)... feels good to be right when others calls you a troll for using your brain.
Yes.. I know you tend to be selectively memory correct... How's your litecoin advocacy campaign going?
August 11, 2014, 06:18:26 PM
Ok coin is having an embolism
August 11, 2014, 06:15:52 PM
August 11, 2014, 06:14:15 PM
adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.
Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?
One thing I have to say about the permabears on here. They are an entertaining bunch.
August 11, 2014, 06:13:02 PM
adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.
Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?
Yeah ! that is totally what I thought! it is amazing how you totally nailed that! wow I am just wow... such concise , much analysis
(honestly)
August 11, 2014, 06:10:10 PM
adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.
Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?
One thing I have to say about the permabears on here. They are an entertaining bunch.
August 11, 2014, 06:09:04 PM
Bids filled. Waited for that since Sunday Also thinking about moving funds on finex and opening some longs.
I see many here are buying back!
Also thinking about moving funds on finex and opening some longs.I see many here are buying back!
I'd see what China does first and make sure we are at a bottom. That said, buy low and sell high... this play makes sense, but I'm simply not quite ballsy enough to go long quite yet.
We are going down for no reason and also few big walls on all exchanges were filled (i think those btc are removed from market for now), volume is still low, half of the asks on bitstamp are there just for manipulating the price, some longs on finex were already been closed... With all that, I think we're not going down much more. Maybe we will hit 565 on stamp but I wouldn't bet on that
Don't be to greedy
A good thought. There really isn't much in terms of bids and asks holding the price either way. I tend to buy on the way back up rather than into a rout even if it means I lose out a little bit. Especially with the lack of tethering right now.
In positive news... it looks like 3500 will hold on OkCoin... nobody even attempted to test that wall. Definitely a good sign we might have found our bottom. I'm logged into the exchange and just waiting for the impulse now.
August 11, 2014, 06:07:35 PM
adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.
Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?
August 11, 2014, 06:06:57 PM
Bids filled. Waited for that since Sunday Also thinking about moving funds on finex and opening some longs.
I see many here are buying back!
Also thinking about moving funds on finex and opening some longs.I see many here are buying back!
I'd see what China does first and make sure we are at a bottom. That said, buy low and sell high... this play makes sense, but I'm simply not quite ballsy enough to go long quite yet.
We are going down for no reason and also few big walls on all exchanges were filled (i think those btc are removed from market for now), volume is still low, half of the asks on bitstamp are there just for manipulating the price, some longs on finex were already been closed... With all that, I think we're not going down much more. Maybe we will hit 565 on stamp but I wouldn't bet on that
Don't be to greedy
A good thought. There really isn't much in terms of bids and asks holding the price either way. I tend to buy on the way back up rather than into a rout even if it means I lose out a little bit. Especially with the lack of tethering right now.
August 11, 2014, 06:05:33 PM
LTC trying to bounce
August 11, 2014, 06:05:19 PM
Feels like a bear trap. I'm still in fiat though. I need more convincing.
Good luck with your timing and your hesitancy.... and figuring out "when to get on the train." you seem like the kind of person who would likely get left at the train station and one who may be afraid of his/her own shaddow... sorry about that.
This train is leaving since January. All the dudes wanting to get on the train but falling onto the railtrack, since no train is there.
A train with such delay must be a ponzie-train.
Wrong word... it is just called a delayed-train... you must be at the wrong train station b/c I see no one on the tracks and the train is actually sitting there with plenty of spaces available for almost anyone who wants to get on and who happens to know where they want to go, you need to be redirected... to the correct train and/or the correct train station... hopefully, you will ask questions along the way in order that you get on the correct train... good luck.
August 11, 2014, 05:59:44 PM
August 11, 2014, 05:57:45 PM
Feels like a bear trap. I'm still in fiat though. I need more convincing.
Good luck with your timing and your hesitancy.... and figuring out "when to get on the train." you seem like the kind of person who would likely get left at the train station and one who may be afraid of his/her own shaddow... sorry about that.
THAT's The SPIRIT!!!
NO guarantees, though... and if the price keeps going down, I keep buying... b/c we know that it is going back up.. and will be going up much past these current prices.
August 11, 2014, 05:56:58 PM
Surprised we have not heard from Adam
https://bitcoinwisdom.com/markets/cavirtex/btccad
https://bitcoinwisdom.com/markets/cavirtex/btccad
August 11, 2014, 05:56:14 PM
Regarding your first part to incentivize your friends to buy at a lower price... Fuck your friends... if they are NOT buying now, then they are just looking for lame excuses... and fail to recognize that they may be left at the rocket launch pad holding their travel bags.... b/c they failed to hop on. On the other hand, your fucking friends will be able to catch the next rocket.. it is just going to cost a little more.. maybe in the $1800 territory.. after the price crashes down from the $3-$5k territory.
Regarding your point about too expensive now or unsustainable, you seem to be living in a fantasy world.. of course it is sustainable at this price.. Do U even understand the exponential room for growth for bitcoin? Do you believe that Whats App should be perceived as more valuable than the BTC network... HELLO>>... snap back into reality and convince some of your school "friends" to get off their little fat asses... since they may be eating too much sugar and drinking too many colas too, with their holding onto fiat...
Someone intending to buy BTC should be doing it now. It's not going to get a lot cheaper than this. Sure, you could get another $100 discount if you're lucky. On the other hand, the sale might end abruptly. I for one, just bought 3 more coins Regarding your point about too expensive now or unsustainable, you seem to be living in a fantasy world.. of course it is sustainable at this price.. Do U even understand the exponential room for growth for bitcoin? Do you believe that Whats App should be perceived as more valuable than the BTC network... HELLO>>... snap back into reality and convince some of your school "friends" to get off their little fat asses... since they may be eating too much sugar and drinking too many colas too, with their holding onto fiat...
YEP!!!
August 11, 2014, 05:54:38 PM
monkey will buy it.
"For the price of a banana" as they say around here... Jump to: