Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28870. (Read 26610738 times)
March 13, 2014, 06:27:34 PM
Steady bitcoin, steady. Have patience...
March 13, 2014, 06:17:04 PM
In particular, I cannot understand why some bitcoiners still believe that crypto-currency in general, and bitcoin in particular, will free them from governments or banks. If that is what you expect from bitcoin, prepare to be severely disappointed. Governments can render cyptocurrencies useless with a single stroke of the pen; we saw that happen in China and other countries.
More generally, one cannot expect that a technological invention, by itself, will bring fundamental social, political or economic change. The people whose wealth and power could be threatened by such change will fight it, with all the resources that their wealth and power gives them. In particular, technology cannot give to the people of a country any freedoms that their government is denying them.
Are you honestly suggesting that black markets don't exist?
Are you really ignoring that the internet fundamentally changed society and is the reason the protests and revolutions from 2011 on are even possible despite the wishes of local dictators?
Posting about government in a way that reads "government is omnipotent" between the lines, and mentioning the French Revolution in the same post seems quite ironic indeed.
March 13, 2014, 06:12:41 PM
Welcome to Bitcoinia!
March 13, 2014, 06:08:10 PM
Someone is regularly dumping in $640.
It's Bill Gates. He said 640 is enough for everyone.
March 13, 2014, 06:02:20 PM
since its quite boring in here go have a look at this thread..
-> https://bitcointalksearch.org/topic/magicaltux-let-me-translate-20336
EPIC BUMP
-> https://bitcointalksearch.org/topic/magicaltux-let-me-translate-20336
EPIC BUMP
March 13, 2014, 05:57:46 PM
this new exchange coming up is a mega bullish news, hopefully few more spring up here in the states
Anyone here sign up on this exchange? I did just to check things out and see how it looks. Looks promising, not much volume yet, I'm not verified or anything yet so I couldn't tell you how it is to trade on. Everything looks TOO simple on the site though. I can state that 2 factor authentication and api enable disable controls are there and easy to use with little confusion.
However, It is nice to see a list of about 15 people with their profiles, actual names and credentials on an exchange.
Doesn't really feel like bitcoin if I'm not sending my coins to an invisible mysterious entity.....
March 13, 2014, 05:55:17 PM
Damn, all this philosophy in last 10-15 pages makes this thread boring
I could make ChartBuddy repost "Favourite charts from the booms and busts of 2013" if you'd like
Chartbuddy's Greatest Hits. I like it.
Beats recent discussion on issue number one that never goes anywhere on public forums: political philosophy. Number two is religion.
gotta say i am impressed with our forum though, it has been about ten pages of this argument and Hitler has not been mention yet, correct? what's that fundemental rule of internet forums, all arguments eventually devolve into invoking of hitler? but not here. : -)
Since the question of dictatorship is now drawn in, I would like to rant:
In computer models, it has been shown that in a population of beings, it is possible to have a balance between the "always attack" personality and a "try cooperation first, then fight if necessary". In the stable configuration, the "attack first" personality is in minority. A sociopath will attack always, but being smart about it and hide it to avoid retaliation from the others. We could live in such a society of a balance between nonviolent, self defending people and dominators. If we have a sociobiologist here, I would like her to comment.
Now, sosiopaths exist plenty, but they are really not a problem as long as you can see it and therefore not give them power over yourself or give them your resources (and make sure you tell others and protect his victims). So if freedom, that is sovereignty over yourself, knowledge and saying no! is prevalent in a society, a sociopath can not rise to be a tyrant. If people generally are willing to give away freedoms and money, someone is sure to rise to be a dictator.
This is why vigilance about freedom and the principle of self defense is so important to keep a free society. This goes both for a society with no rulers, and a society which is relatively free.
March 13, 2014, 05:49:21 PM
March 13, 2014, 05:41:44 PM
this new exchange coming up is a mega bullish news, hopefully few more spring up here in the states
March 13, 2014, 05:36:09 PM
Despite the [small] dumps in the last hour, bid depth still getting better.
Before, ask was 7.6k to 700 and bid 8k to 600
now, ask is 7.7k to 700 and bid 9.2k to 600
Before, ask was 7.6k to 700 and bid 8k to 600
now, ask is 7.7k to 700 and bid 9.2k to 600
March 13, 2014, 05:35:47 PM
https://xapo.com
A new wallet service which offers an insurance for a 0.12% annual fee. Sounds interesting...
A new wallet service which offers an insurance for a 0.12% annual fee. Sounds interesting...
If they lose your coins and go backrupt your coins are still insured. Yea right...
March 13, 2014, 05:28:52 PM
Stolfi trying to argue the internet has less impact than French Revolution, World War II, or the end of Apartheid... almost as bad as Richy trying to persuade us the world doesn't need roads.
March 13, 2014, 05:21:02 PM
No, if you trade one work hour for a dinner, indirectly using money, at the money stage the state does not owe you neither the work hour nor the dinner. The system trust I talk about, falls on the state, in case of fiat money, only because they produce the money and manage the supply. In other kinds of money, like gold or bitcoin, the state is not involved in the production or the management, therefore it is easier to see the difference between trust between traders, and trust to the system.
But if I give it back to them when they come calling, I get to stay out of jail.
It's not unusual for debts to change form and ownership. I could buy somebody's poker markers and they might negotiate to pay me back by mowing my lawn. Of course, there's not much negotiating with the government.
March 13, 2014, 05:19:43 PM
Someone is regularly dumping in $640.
March 13, 2014, 05:10:46 PM
I exclude trust in the system here,
This is where you slip up. It is an IOU from the state which people trust enough to trade between themselves as if it had value.
No, if you trade one work hour for a dinner, indirectly using money, at the money stage the state does not owe you neither the work hour nor the dinner. The system trust I talk about, falls on the state, in case of fiat money, only because they produce the money and manage the supply. In other kinds of money, like gold or bitcoin, the state is not involved in the production or the management, therefore it is easier to see the difference between trust between traders, and trust to the system.
Could you clarify what you mean by indirectly using money? In the case of doing an hour work for dinner then there is no money involved and there is trust between both parties that the work will be completed and the dinner promise will be fulfilled.
March 13, 2014, 05:07:08 PM
I exclude trust in the system here,
This is where you slip up. It is an IOU from the state which people trust enough to trade between themselves as if it had value.
No, if you trade one work hour for a dinner, indirectly using money, at the money stage the state does not owe you neither the work hour nor the dinner. The system trust I talk about, falls on the state, in case of fiat money, only because they produce the money and manage the supply. In other kinds of money, like gold or bitcoin, the state is not involved in the production or the management, therefore it is easier to see the difference between trust between traders, and trust to the system.
March 13, 2014, 05:06:03 PM
Not sure if this has been posted yet but it is a friend of a friend who owns this.
http://www.hackneygazette.co.uk/news/if_you_put_20_in_the_new_shoreditch_bitcoin_atm_three_years_ago_you_would_have_8_000_today_1_3429947
http://www.hackneygazette.co.uk/news/if_you_put_20_in_the_new_shoreditch_bitcoin_atm_three_years_ago_you_would_have_8_000_today_1_3429947
March 13, 2014, 05:05:56 PM
March 13, 2014, 05:04:43 PM
So it looks like were going to generally trend upwards on low volume. Im feeling a big surge upwards once the voume picks up.
How were things looking this time last year?
It is hard to ignore the similarities
March 13, 2014, 05:03:10 PM
I exclude trust in the system here,
This is where you slip up. It is an IOU from the state which people trust enough to trade between themselves as if it had value.
Exactly, trust is the only thing that backs the IOU and gives you confidence enough to accept it.
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