Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31435.

Richy_T

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Quote from: gizmoh on December 03, 2013, 04:04:05 PM

Now some Very Bad News for the Bulls:

It is still to be confirmed, but apparently 92,000 btc has been 'stolen' from sheep marketplace ( SilkRoad replacement).
Besides the larger bad press to come, many might be tempted to sell before the thief does or in anticipation of negative repercussion that black market still thrive in bitcoinland and the biggest bitcoin heist hits major press ( 15th largest loot in the world at current btc rate)

Will this be the bad news that ends this current growth/bubble trend?

News here:
http://www.newstatesman.com/future-proof/2013/12/theres-%C2%A360m-bitcoin-heist-going-down-right-now-and-you-can-watch-real-time

Discussion about the heist:

http://www.reddit.com/r/SheepMarketplace/

The Address in question:

https://blockchain.info/address/1CbR8da9YPZqXJJKm9ze1GYf67eKAUfXwP

Yesterday's news. Factored in.

bitcodo

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Activity: 509

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Can't upload avatar

Quote

... And every authority means the police
and any police weapon in the rough hands.
each weapon brings suffering
and any suffering turns into resistance.
And each resistor quietly turns into a revolution.
Revolution brings new power ...

The Neverending Story

simonk83

hero member

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Quote from: gizmoh on December 03, 2013, 04:04:05 PM

Now some Very Bad News for the Bulls

You're a bit late with that one Cheesy

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: gizmoh on December 03, 2013, 04:04:05 PM

Now some Very Bad News for the Bulls:

It is still to be confirmed, but apparently 92,000 btc has been 'stolen' from sheep marketplace ( SilkRoad replacement).
Besides the larger bad press to come, many might be tempted to sell before the thief does or in anticipation of negative repercussion that black market still thrive in bitcoinland and the biggest bitcoin heist hits major press ( 15th largest loot in the world at current btc rate)

Will this be the bad news that ends this current growth/bubble trend?

News here:
http://www.newstatesman.com/future-proof/2013/12/theres-%C2%A360m-bitcoin-heist-going-down-right-now-and-you-can-watch-real-time

Discussion about the hesit:

http://www.reddit.com/r/SheepMarketplace/

The Address in question:

https://blockchain.info/address/1CbR8da9YPZqXJJKm9ze1GYf67eKAUfXwP

Old news, it's priced in.

Vycid

sr. member

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♫ the AM bear who cares ♫

Quote from: rocks on December 03, 2013, 04:00:36 PM

Quote from: Vycid on December 03, 2013, 03:51:17 PM

The growth in power of multinational corporations is already signaling change. If Bitcoin becomes the medium of international exchange, nations will become increasingly irrelevant in the coming decades. Eventually it will be all about the sphere of influence of the largest multinationals, with many smaller client corporations operating in that space.

If I am paying income income tax to Google instead of Uncle Sam in 40-50 years, I will not be surprised.

This already happened at a more national scale in the late 1800's, ever heard of standard oil? The people finally woke up and voted to tame the largest corporations back down in influence. As long as governments provide the people at least a pretense of a democracy then it is possible to bring the corprations in check.

Whether people will wake up in reality is debatable, the red team blue team pretense has fooled many for a long time....

This is different. Before, companies operated within the bounds of nations and were at the whims of those countries.

Now, multinationals can just threaten to pack up and leave if they are legislated against. For really big companies, that could devastate a country's economy.

These companies might end up either propping up friendly puppet states, or simply abolishing them and raising their own police forces and militaries, laying their own roads, etc.

This future isn't a foregone conclusion but the trends do point clearly clearly in that direction.

I sorta want to write a novel about it...

gizmoh

legendary

Activity: 1428

Merit: 1000

Now some Very Bad News for the Bulls:

It is still to be confirmed, but apparently 92,000 btc has been 'stolen' from sheep marketplace ( SilkRoad replacement).
Besides the larger bad press to come, many might be tempted to sell before the thief does or in anticipation of negative repercussion that black market still thrive in bitcoinland and the biggest bitcoin heist hits major press ( 15th largest loot in the world at current btc rate)

Will this be the bad news that ends this current growth/bubble trend?

News here:
http://www.newstatesman.com/future-proof/2013/12/theres-%C2%A360m-bitcoin-heist-going-down-right-now-and-you-can-watch-real-time

Discussion about the heist:

http://www.reddit.com/r/SheepMarketplace/

The Address in question:

https://blockchain.info/address/1CbR8da9YPZqXJJKm9ze1GYf67eKAUfXwP

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: philip2000uk on December 03, 2013, 03:57:31 PM

I say we buy an island and live on it like richard bransons island.

I couldn't afford his island. Maybe I could just rent his beard.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

rocks

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Activity: 1153

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Quote from: Vycid on December 03, 2013, 03:51:17 PM

The growth in power of multinational corporations is already signaling change. If Bitcoin becomes the medium of international exchange, nations will become increasingly irrelevant in the coming decades. Eventually it will be all about the sphere of influence of the largest multinationals, with many smaller client corporations operating in that space.

If I am paying income income tax to Google instead of Uncle Sam in 40-50 years, I will not be surprised.

This already happened at a more national scale in the late 1800's, ever heard of standard oil? The people finally woke up and voted to tame the largest corporations back down in influence. As long as governments provide the people at least a pretense of a democracy then it is possible to bring the corprations in check.

Whether people will wake up in reality is debatable, the red team blue team pretense has fooled many for a long time....

philip2000uk

sr. member

Activity: 276

Merit: 250

Quote from: Vycid on December 03, 2013, 03:51:17 PM

Quote from: bitcodo on December 03, 2013, 03:28:08 PM

Quote from: rpietila on December 03, 2013, 03:24:16 PM

Quote from: bitcodo on December 03, 2013, 02:45:32 PM

Look at Proudhorn. He got song and he started posting here again. A legend. He will be in economics books.

He is already.

I knew it. It is conspiracy. We are not in 2013. It is French Revolution of 1848. Or just revolution?

The growth in power of multinational corporations is already signaling change. If Bitcoin becomes the medium of international exchange, nations will become increasingly irrelevant in the coming decades. Eventually it will be all about the sphere of influence of the largest multinationals, with many smaller client corporations operating in that space.

If I am paying income income tax to Google instead of Uncle Sam in 40-50 years, I will not be surprised.

Say WHATTTTTT! INSERT AFRO SMILEY.

Tax is for police and stuff i dont think we gonna have google police lol though come to think of it we probably do have online.

I say we buy an island and live on it like richard bransons island.

maz

full member

Activity: 140

Merit: 100

Quote from: ?? on ??

Quote from: fluidjax on December 03, 2013, 03:07:41 PM

Quote from: micalith on December 03, 2013, 12:50:02 PM

Quote from: niothor on December 03, 2013, 11:51:22 AM

Recently, Bitcoin market cap (i.e. total value of all Bitcoins issued) reached the $2 billion mark, surpassing small countries like Liberia and Guinea.
This should have been obvious.

isn't it $20 billion?

The authority for this is
http://www.coinometrics.com/bitcoin/bmix

Go to the bottom of the page and select Full Data Table
Bitcoin is currently 71 in the world (out of 191 countries) between azerbijan and lithuania

burma at 12 million?

okay, who wants to go in with me and buy burma?

If you sold your LTC at $48 you could have bought it yourself Tongue

EatonABooger

member

Activity: 151

Merit: 36

Quote from: ?? on ??

The authority for this is
http://www.coinometrics.com/bitcoin/bmix

Go to the bottom of the page and select Full Data Table
Bitcoin is currently 71 in the world (out of 191 countries) between azerbijan and lithuania

burma at 12 million?

okay, who wants to go in with me and buy burma?
[/quote]

I will be your man-servant. Just provide me with a little villa on the beach for my wife and I + a little spending money. We will even raise your children.
(note: if BTC keeps up, we can defer the stipend - may even have to look for my own country someday)
: )

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: bitcodo on December 03, 2013, 03:28:08 PM

Quote from: rpietila on December 03, 2013, 03:24:16 PM

Quote from: bitcodo on December 03, 2013, 02:45:32 PM

Look at Proudhorn. He got song and he started posting here again. A legend. He will be in economics books.

He is already.

I knew it. It is conspiracy. We are not in 2013. It is French Revolution of 1848. Or just revolution?

The growth in power of multinational corporations is already signaling change. If Bitcoin becomes the medium of international exchange, nations will become increasingly irrelevant in the coming decades. Eventually it will be all about the sphere of influence of the largest multinationals, with many smaller client corporations operating in that space.

If I am paying income income tax to Google instead of Uncle Sam in 40-50 years, I will not be surprised.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: chriswilmer on December 03, 2013, 03:26:07 PM

It's probably hard to buy a country using national fiat currencies

Not at all. everybody is doing it behind the scenes.

bitcodo

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Activity: 509

Merit: 500

Can't upload avatar

Quote from: rpietila on December 03, 2013, 03:24:16 PM

Quote from: bitcodo on December 03, 2013, 02:45:32 PM

Look at Proudhorn. He got song and he started posting here again. A legend. He will be in economics books.

He is already.

I knew it. It is conspiracy. We are not in 2013. It is French Revolution of 1848. Or just revolution?

chriswilmer

legendary

Activity: 1008

Merit: 1000

Quote from: ?? on ??

Quote from: fluidjax on December 03, 2013, 03:07:41 PM

Quote from: micalith on December 03, 2013, 12:50:02 PM

Quote from: niothor on December 03, 2013, 11:51:22 AM

Recently, Bitcoin market cap (i.e. total value of all Bitcoins issued) reached the $2 billion mark, surpassing small countries like Liberia and Guinea.
This should have been obvious.

isn't it $20 billion?

The authority for this is
http://www.coinometrics.com/bitcoin/bmix

Go to the bottom of the page and select Full Data Table
Bitcoin is currently 71 in the world (out of 191 countries) between azerbijan and lithuania

burma at 12 million?

okay, who wants to go in with me and buy burma?

Hmm, you know what, that's actually an interesting proposition. It's probably hard to buy a country using national fiat currencies, no matter how rich you are, but with bitcoins... you just might be able to do it (i.e., pay out the government + military to leave the country / hand over control). Maybe we will see a brave new world of corporations taking over nations now that they have a financial vehicle with which to do it.

rpietila

donator

Activity: 1722

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Quote from: bitcodo on December 03, 2013, 02:45:32 PM

Look at Proudhorn. He got song and he started posting here again. A legend. He will be in economics books.

He is already.

bitcodo

hero member

Activity: 509

Merit: 500

Can't upload avatar

Quote from: ?? on ??

Quote from: fluidjax on December 03, 2013, 03:07:41 PM

Quote from: micalith on December 03, 2013, 12:50:02 PM

Quote from: niothor on December 03, 2013, 11:51:22 AM

Recently, Bitcoin market cap (i.e. total value of all Bitcoins issued) reached the $2 billion mark, surpassing small countries like Liberia and Guinea.
This should have been obvious.

isn't it $20 billion?

The authority for this is
http://www.coinometrics.com/bitcoin/bmix

Go to the bottom of the page and select Full Data Table
Bitcoin is currently 71 in the world (out of 191 countries) between azerbijan and lithuania

burma at 12 million?

okay, who wants to go in with me and buy burma?

Chill out.

fluidjax

hero member

Activity: 750

Merit: 601

Quote from: micalith on December 03, 2013, 12:50:02 PM

Quote from: niothor on December 03, 2013, 11:51:22 AM

Recently, Bitcoin market cap (i.e. total value of all Bitcoins issued) reached the $2 billion mark, surpassing small countries like Liberia and Guinea.
This should have been obvious.

isn't it $20 billion?

The authority for this is
http://www.coinometrics.com/bitcoin/bmix

Go to the bottom of the page and select Full Data Table
Bitcoin is currently 71 in the world (out of 191 countries) between azerbijan and lithuania

Peter R

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Activity: 1162

Merit: 1007

Quote from: BitChick on December 03, 2013, 02:04:46 PM

Quote from: adsdas on December 03, 2013, 01:51:17 PM

over 9000 before new year's eve, 2014 is the year of bitcoin, we're going to 100k

.

A little bullish are we?

I think 100k by the end of 2014 is likely at the rate we are going. 9000 by new year's though? I think 2000 is a more realistic number at this point but if I am wrong I will have a very happy new years for sure as will most of us on here! Grin

I think there is a reasonable chance of hitting 5 figures in 2014 too.

But I also think we will have to cross "the chasm" in 2014 or 2015. This will be difficult, because some unforeseen event will occur, or a carefully-crafted false flag will be raised, in order to fatally shake the faith of bitcoin holders from all 6 continents. If enough see this event for what it is, we will have passed this last test. Bitcoin will be unstoppable.

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