If they hit $100,000 Mark Karpeles will probably be living on Mars
That won't be far enough. 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26772. (Read 26623469 times)
July 14, 2014, 06:18:15 PM
July 14, 2014, 06:10:42 PM
I for one really don't want to see the 500s again. Let's just stay above 600 for heavens sake 
Seriously!
Seriously!Agreed.
If someone had told me back at the end of Nov 2013 that we'd still be ~$600 in July of 2014, I'd have told them they were nuts.
But if someone had told us in July of last year we would be stuck around $600 for most of 2014 we would have been really excited to hear that then!
Hopefully we are "stuck" at $6000 or so for the beginning of 2015.
July 14, 2014, 06:06:18 PM
I had a chat with an old relative of mine today. Bitcoin entered the conversation. He said, oh that, that's a ponzi scheme. I said no it's not. He then explained to me what a ponzi scheme is and I said yes I know it LOOKS like one because of the massive amount made by people involved from the beginning, but is the internet a ponzi scheme? No? Well what if you bought sex.com in 1992 for a hundred bucks?
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Ask him if he knows what a laggard is.
Nah, he's just too old for this. No need to insult him.
I wouldn't call that insulting. Just that by the time he realizes what bitcoin really is he may be too late to reap the profit portion of the benefits it will bring us.
July 14, 2014, 06:00:21 PM
July 14, 2014, 05:52:41 PM
i hate ppl like that. Just cause they didnt get in they will justify their reasoning by calling it a scam.
See it all the time. I always say when these ppl end up buying its time to start selling.. they are considered dumb money.
See it all the time. I always say when these ppl end up buying its time to start selling.. they are considered dumb money.
When ppl like this start buying, you won't have to sell b/c bitcoin will be everywhere. That guy will cave, buy and use btc just to not look dumb anymore.
July 14, 2014, 05:44:00 PM
I had a chat with an old relative of mine today. Bitcoin entered the conversation. He said, oh that, that's a ponzi scheme. I said no it's not. He then explained to me what a ponzi scheme is and I said yes I know it LOOKS like one because of the massive amount made by people involved from the beginning, but is the internet a ponzi scheme? No? Well what if you bought sex.com in 1992 for a hundred bucks?
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Tell him to look up the definition of a Ponzi scheme again. At worst you could call bitcoin a pump and dump.
See it all the time. I always say when these ppl end up buying its time to start selling.. they are considered dumb money.
July 14, 2014, 05:43:54 PM
I had a chat with an old relative of mine today. Bitcoin entered the conversation. He said, oh that, that's a ponzi scheme. I said no it's not. He then explained to me what a ponzi scheme is and I said yes I know it LOOKS like one because of the massive amount made by people involved from the beginning, but is the internet a ponzi scheme? No? Well what if you bought sex.com in 1992 for a hundred bucks?
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Ask him if he knows what a laggard is.
Nah, he's just too old for this. No need to insult him.
July 14, 2014, 05:41:29 PM
I for one really don't want to see the 500s again. Let's just stay above 600 for heavens sake Seriously!
Seriously!Agreed.
If someone had told me back at the end of Nov 2013 that we'd still be ~$600 in July of 2014, I'd have told them they were nuts.
July 14, 2014, 05:38:24 PM
I for one really don't want to see the 500s again. Let's just stay above 600 for heavens sake Seriously!
Seriously! 
July 14, 2014, 05:28:48 PM
what happens on the 24th chartbuddy?
It's arguably the first day of the next 234 day bubble cycle. Also mtgox is auctioning their bitcoins. There are a few other things happening around then also (Bitcoin conference is 19/20th)
NoOh, they're auctioning bitcoins.com. Oops
*Sigh of relief*
I
Haha, I have 12 BTC there and I am too dreaming they'll refund me when each of them is 100 000$ at least
Did you get the postcard?
July 14, 2014, 05:18:28 PM
what happens on the 24th chartbuddy?
It's arguably the first day of the next 234 day bubble cycle. Also mtgox is auctioning their bitcoins. There are a few other things happening around then also (Bitcoin conference is 19/20th)
NoOh, they're auctioning bitcoins.com. Oops
*Sigh of relief*
I
Haha, I have 12 BTC there and I am too dreaming they'll refund me when each of them is 100 000$ at least
If they hit $100,000 Mark Karpeles will probably be living on Mars
July 14, 2014, 05:17:36 PM
I think it's a reasonable goal for us to be trying to shoot for $640-$645 (sustainable) by the end of the week. The economy in general seems to have more money flowing around during the summer years (shopping, real estate, etc), so I would lean on including BTC market in that category
July 14, 2014, 05:01:32 PM
I had a chat with an old relative of mine today. Bitcoin entered the conversation. He said, oh that, that's a ponzi scheme. I said no it's not. He then explained to me what a ponzi scheme is and I said yes I know it LOOKS like one because of the massive amount made by people involved from the beginning, but is the internet a ponzi scheme? No? Well what if you bought sex.com in 1992 for a hundred bucks?
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Ask him if he knows what a laggard is.
July 14, 2014, 05:00:19 PM
July 14, 2014, 04:59:48 PM
what happens on the 24th chartbuddy?
It's arguably the first day of the next 234 day bubble cycle. Also mtgox is auctioning their bitcoins. There are a few other things happening around then also (Bitcoin conference is 19/20th)
NoOh, they're auctioning bitcoins.com. Oops
*Sigh of relief*
I
Haha, I have 12 BTC there and I am too dreaming they'll refund me when each of them is 100 000$ at least
July 14, 2014, 04:56:55 PM
I had a chat with an old relative of mine today. Bitcoin entered the conversation. He said, oh that, that's a ponzi scheme. I said no it's not. He then explained to me what a ponzi scheme is and I said yes I know it LOOKS like one because of the massive amount made by people involved from the beginning, but is the internet a ponzi scheme? No? Well what if you bought sex.com in 1992 for a hundred bucks?
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Tell him to look up the definition of a Ponzi scheme again. At worst you could call bitcoin a pump and dump.
July 14, 2014, 04:50:51 PM
I had a chat with an old relative of mine today. Bitcoin entered the conversation. He said, oh that, that's a ponzi scheme. I said no it's not. He then explained to me what a ponzi scheme is and I said yes I know it LOOKS like one because of the massive amount made by people involved from the beginning, but is the internet a ponzi scheme? No? Well what if you bought sex.com in 1992 for a hundred bucks?
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
Then he said you can't buy plane tickets with it, so I said yes you can www.expedia.com then we stopped talking about it and it was time to get some food, and he said you can't buy food with bitcoin, and I said yes you can! (I was talking about buying pizza funnily enough), then he said you can't buy a flat with it etc......
It's nice that bitcoin has developed to the stage where there's constant examples of its acceptance, functionality and superiority to fiat.
To d4 m00n!
some poeple are so dependent on the matrix, they cannot be reasoned with.
July 14, 2014, 04:46:39 PM
what happens on the 24th chartbuddy?
It's arguably the first day of the next 234 day bubble cycle. Also mtgox is auctioning their bitcoins. There are a few other things happening around then also (Bitcoin conference is 19/20th)
NoOh, they're auctioning bitcoins.com. Oops
Yes exactly. Keep mind that MT-gox BTC are user's btc and MT-Gox is not the Federal Bureau Investigation !
https://www.youtube.com/watch?v=StW7dgELCbE&hd=1
July 14, 2014, 04:45:34 PM
what happens on the 24th chartbuddy?
It's arguably the first day of the next 234 day bubble cycle. Also mtgox is auctioning their bitcoins. There are a few other things happening around then also (Bitcoin conference is 19/20th)
NoOh, they're auctioning bitcoins.com. Oops
Yes exactly. Keep mind that MT-gox BTC are user's btc and MT-Gox is not the Federal Bureau Investigation !
July 14, 2014, 04:44:03 PM
Maybe we can get this "king" to make bitcoin the official currency of his new country http://www.washingtonpost.com/local/va-man-plants-flag-claims-african-country-calling-it-kingdom-of-north-sudan/2014/07/12/abfbcef2-09fc-11e4-8a6a-19355c7e870a_story.html
I doubt they have internet and enought computers there. http://www.washingtonpost.com/local/va-man-plants-flag-claims-african-country-calling-it-kingdom-of-north-sudan/2014/07/12/abfbcef2-09fc-11e4-8a6a-19355c7e870a_story.htmlActually, if you put up a thin-film farm, it would be a great venue for low-cost mining.
http://www.prlog.org/11294860-emirate-of-bir-tawil-is-formed.html
Molon labe.
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