So much for the maturing infrastructure, all exchanges are plagued by glitches not worthy of a multi billion currency .
The exchanges are incurable. Do I really need to do this?
whatever you're on, I need some.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31764. (Read 26608835 times)
November 20, 2013, 04:08:35 PM
The exchanges are incurable. Do I really need to do this?
whatever you're on, I need some.
November 20, 2013, 04:06:40 PM
So much for the maturing infrastructure, all exchanges are plagued by glitches not worthy of a multi billion currency .
The exchanges are incurable. Do I really need to do this?
November 20, 2013, 04:06:18 PM
I think we're looking at it the wrong way. Maybe bitcoin isn't destined to become a currency, but something else. It's deflationary, has no consumer protection, transfers are irrevocable and no identities are tied to the addresses. How can this ever become a currency?
Bitcoin is super silver. 
November 20, 2013, 04:03:25 PM
I think we're looking at it the wrong way. Maybe bitcoin isn't destined to become a currency, but something else. It's deflationary, has no consumer protection, transfers are irrevocable and no identities are tied to the addresses. How can this ever become a currency?
November 20, 2013, 04:01:56 PM
So much for the maturing infrastructure, all exchanges are plagued by glitches not worthy of a multi billion currency .
So was/is the Internet. If such things would have stopped people from jumping on the Internet, we would not be slow chatting here anno 2013.
November 20, 2013, 04:01:30 PM
November 20, 2013, 04:01:17 PM
Quote
Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.
That's a brilliant argumentation.Quote
I agree, especially given how freaking smart his math is... here we go, lets take the billions of people that don't have access to clean water, sanitation, fresh food, healthcare or a bank account... ok so should we count them in for 3 transactions... sounds good... next, the thing to do is.. excuse me (*leaves room, shoots face off with shotgun*)
Ok, Mr. Smart. afaik we have 6.250.000 million visa transactions per hour. This is about 1700 transactions per second, right? So look at the 7 (!) transactions per second for bitcoin and then get your shotgun.Quote
Yea, here I have been buying bitcoins since 2011 thinking it would be the future of money and then this guy appears out of no where and totally blows my mind and makes me realize that it's all over, it will die if it can't facilitate 7 billion people in the next months. Man, how things can change.
It can be the future of money. And it needs a change soon.But if you want to keep watching bubbles after bubbles the next 1 1/2 - 2 years until the party is over because people didn't understand the difference between WOW gold and bitcoins, please keep ignoring the facts
November 20, 2013, 04:00:36 PM
So much for the maturing infrastructure, all exchanges are plagued by glitches not worthy of a multi billion currency .
November 20, 2013, 03:54:30 PM
The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.
November 20, 2013, 03:51:36 PM
The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.
well, he's not totally batshit - i mean, the transaction limit IS an issue. the solution is complex though, obviously.
November 20, 2013, 03:50:36 PM
The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.
I agree, especially given how freaking smart his math is... here we go, lets take the billions of people that don't have access to clean water, sanitation, fresh food, healthcare or a bank account... ok so should we count them in for 3 transactions... sounds good... next, the thing to do is.. excuse me (*leaves room, shoots face off with shotgun*)
November 20, 2013, 03:49:57 PM
Managed to sell my single last BTC above $500. Now prices can finally start rising 
November 20, 2013, 03:46:00 PM
The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.
November 20, 2013, 03:44:12 PM
I love the smell of failed whale schemes in the morning.
Wait. I will call big brother.
I didn't say which whale failed. One of them will, though
November 20, 2013, 03:44:03 PM
Gox is crazy again??
November 20, 2013, 03:43:32 PM
Higher low, indeed looking like a back test of the wedge/channel breakout from earlier.
November 20, 2013, 03:42:19 PM
I love the smell of failed whale schemes in the morning.
Wait. I will call big brother.
November 20, 2013, 03:40:47 PM
Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins
This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero. If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.
every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
8 year olds, dude. 8 year olds.
November 20, 2013, 03:38:50 PM
Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins
This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero. If you can't pay your 3$ coffee without an 3$ fee, bitcoin is worth shit.
every damn time. what happened to good old "lurk moar"? here's your answer: the (highly secure) blockchain is most likely not the ideal medium for micro transfers, and probably not even for small-ish transactions like paying for your coffee. That doesn't mean Bitcoin will fail, it only means there will be ways to perform smaller transaction off the chain.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
November 20, 2013, 03:38:36 PM
wtf is this whale doing? 
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