Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31653.

Coinseeker

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Quote from: SheHadMANHands on November 28, 2013, 10:09:47 AM

LTC at nearly $50..

- no infrastructure (imagine if btc-e up and vanished)
- accepted literally nowhere
- no considerable advantage over btc (otherwise btc would just incorporate it, considering how many people have a vested interest in btc)

This will not end well! Way outside normal btc/ltc ratio. Cheesy

Ok, back to btc...

For a second I thought this was one of my old quotes about Bitcoin. Tongue

Kinda cool seeing the tables reversed. Choo choo! Grin

BTW-While Bitcoin is just sitting on the launch pad, waiting for it's next rise to $5000, money is being won and lost in alts. Sorry to say, but Bitcoin is a bit like watch paint dry ATM.

SheHadMANHands

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LTC at nearly $50..

- no infrastructure (imagine if btc-e up and vanished)
- accepted literally nowhere
- no considerable advantage over btc (otherwise btc would just incorporate it, considering how many people have a vested interest in btc)

This will not end well! Way outside normal btc/ltc ratio. Cheesy

Ok, back to btc...

humanitee

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Quote from: Parazyd on November 28, 2013, 09:49:51 AM

LOL

Coinseeker

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Quote from: UnDerDoG81 on November 28, 2013, 09:46:41 AM

What you all think will happen to our coins if war comes? China is provocating and USA is loving war.

Wouldn't make sense for them to go to war with each other. China has far worse debt problems than the US. They'd be better off joining forces and attacking someone else. Reaping the huge profits to pay down their debts. I'm of course not advocating such BS. Just saying.

That said, Bitcoin prices would likely plummet, as such a war between these two debt ridden nations would destroy both economies, level infrastructure and leave basic necessities like food, water and shelter significantly more valuable than some "boutique" internet currency. Let us instead hope for a peaceful transition between government fiat and digital currencies.

wachtwoord

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Quote from: ?? on ??

Quote from: UnDerDoG81 on November 28, 2013, 09:46:41 AM

What you all think will happen to our coins if war comes? China is provocating and USA is loving war.

Exploding.

That comes in handy in a war!

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

MahaRamana

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Quote from: UnDerDoG81 on November 28, 2013, 09:46:41 AM

What you all think will happen to our coins if war comes? China is provocating and USA is loving war.

I believe war would be very bullish for bitcoin and very destructive for fiat.

Most global scenarios in which the internet infrastructure survives are mostly bullish for BTC

Coinseeker

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Parazyd

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Space Lord

Say crash one more time!!

Coinseeker

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Say "what" again! I dare you! Grin

Parazyd

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Space Lord

UnDerDoG81

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What you all think will happen to our coins if war comes? China is provocating and USA is loving war.

Coinseeker

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Quote from: wachtwoord on November 28, 2013, 09:37:53 AM

I meant 10.6 LTC of course.

SheHadMANHands

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Current pump and dump on LTC?

Up like 400% in 72 hours... lol.

wachtwoord

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Quote from: ?? on ??

Quote from: wachtwoord on November 28, 2013, 09:20:36 AM

Quote from: maz on November 28, 2013, 08:51:18 AM

Quote from: Teslaza on November 28, 2013, 08:49:05 AM

LTC dropping fast

Goat cashing out? Cheesy

I never though me cashing out my 10.6 BTC would crash the market

I have not sold since april.

Also corrections are healthy.

I meant 10.6 LTC of course.

UnDerDoG81

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Quote from: Coinseeker on November 28, 2013, 09:25:06 AM

Quote from: UnDerDoG81 on November 28, 2013, 09:15:53 AM

Quote from: Coinseeker on November 28, 2013, 08:25:14 AM

So whats next? Huh

I'm all BTC again, I got my bull hat on and I'm looking at a ~$150 spread and no action. What time is liftoff?

Sir, you have a great timing. Please PM me with your next step and I´m in

Already back on the alt side. I couldn't resist buying up that dip. That was Christmas come early. Grin

Good move! Need to fill up my BTC-E Account up.

Coinseeker

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Quote from: UnDerDoG81 on November 28, 2013, 09:15:53 AM

Quote from: Coinseeker on November 28, 2013, 08:25:14 AM

So whats next? Huh

I'm all BTC again, I got my bull hat on and I'm looking at a ~$150 spread and no action. What time is liftoff?

Sir, you have a great timing. Please PM me with your next step and I´m in

Already back on the alt side. I couldn't resist buying up that dip. That was Christmas come early. Grin

wachtwoord

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Quote from: maz on November 28, 2013, 08:51:18 AM

Quote from: Teslaza on November 28, 2013, 08:49:05 AM

LTC dropping fast

Goat cashing out? Cheesy

I never though me cashing out my 10.6 BTC would crash the market

UnDerDoG81

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Quote from: Coinseeker on November 28, 2013, 08:25:14 AM

So whats next? Huh

I'm all BTC again, I got my bull hat on and I'm looking at a ~$150 spread and no action. What time is liftoff?

Sir, you have a great timing. Please PM me with your next step and I´m in

alexeft

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Quote from: SnowMonkey_CG on November 28, 2013, 08:18:49 AM

Quote from: kehtolo on November 28, 2013, 06:58:20 AM

Quote from: SnowMonkey_CG on November 28, 2013, 06:29:10 AM

Anybody caught this BBC article yet?

http://www.bbc.co.uk/news/technology-25130261

Yep, just read it. Surprised? No. I've read many like it. Old school establish ecconomists dismissing bitcoin as just another tulip story.. or just another blah blah..
Yeah.. spare me please.

The comments section is even worse. Everytime i read comments on a bitcoin story on the web.. you see the same ill-informed opinion, and the same questions raised again and again.
Though it is hardly surprising that these are questions raised by people who have not done any research into it.

What is it backed by?? Cryptography and maths.

How do we know there will only be 21 Million ever?? Cryptography and maths.

Yes agreed. The concern is the general public (read potential future bitcoiners) are put off by the negative aspect of articles like this. Unfortunately not everybody understands cryptography or maths.... but however this is a short term problem that will be overcome as bitcoin becomes more user friendly, just like the early internet.

I read the first couple of comments then dismissed them after reading somebody trying to say that 'they' (whoever 'they' are) can increase the 21M limit at will.

What a piece of crap that economist is saying!!!! Grin

Read this:

Quote

The big advantage of Bitcoin as "stateless money" is that when it collapses, the government won't have to bail it out.

Who is the government in a democratic country? Its people! And they have to bail out f... banks (trust me on this one, I am Greek)!!!!
So, I trust banks with my money, they fuck it (as they are doomed to do because of their very existence) and then I have to bail them in or out or whatever.

To make it short, I bail out myself because I am a fool in that I trust what is doomed to fail (that is banks)!!!! Well, silly me then!!! Cheesy

NO MORE

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