So much for the maturing infrastructure, all exchanges are plagued by glitches not worthy of a multi billion currency .
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31910. (Read 26729361 times)
November 20, 2013, 04:00:36 PM
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? 
November 20, 2013, 03:37:58 PM
I love the smell of failed whale schemes in the morning.
November 20, 2013, 03:37:26 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.
aaaaaaaand
ignore engaged
November 20, 2013, 03:36:49 PM
Despite the bubble poppage, there is massive bid depth building across the exchanges. Bitstamp now has 10m USD (up from 700k in the summer and 6m just the other day). BT China now has 55m CNY (up from 5m at the beginning of the rally). I don't know what to make of it. My instinct from April, looking at the asks, and the h4 emas, is to sell because its probably capitulating into 300. But then I look at these new bids and I just don't think its safe. What do you think?
Lots of newcomers looking for coins, so if you and others sell it will definitely be a nice gesture towards them but a lot of you dumpers are going to end up with fewer coins when this bear trap is over.
November 20, 2013, 03:35:52 PM
Somebody just put up a 2k wall at $600 on gox ... opportunity gone 
November 20, 2013, 03:35:50 PM
gotta love these swings
November 20, 2013, 03:35:12 PM
The highly secure blockchain is the right medium for small transfers. You will have to have the possibility to buy every day stuff with your smartphone with bitcoin, or it will die. Period. Off-the-chain is the most stupid shit I heard the last weeks.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Everybody is talking about regulations, senate hearings, peeing their pants whether the Chinese will accept bitcoins or whatever. But the real thread are the users/speculators who think you have to have the whole blockchain in your pocket.
Bitcoin has the ultimate chance to replace visa etc..
7 Billion people with 1-5 transactions a day, that should be the goal of bitcoin.
If this is not going to be implemented the next months I will sell out and watch one of the greatest projects in our time die.
Guys, you heard it from [Date Registered: November 15, 2013, 01:22:48 PM], show's over. See you at the next Ponzi.
November 20, 2013, 03:35:07 PM
Currency of the future. My payment of xx:18 still has 0 confirmations at xx:51. Sorry I could not dump you sooner, my coins
This is why bitcoin might die soon. Because there are to many people who don't understand, that the value of bitcoin is based on the promise of fast and cheap transactions. They dream of some kind of electric gold and this will make bitcoin drop to zero. If you can't pay your 3$ 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.
or smaller transactions might happen on alt-coins specifically designed to be feasible for microtransactions.
But first Bitcoin must prove to the world, that the concept of crypto currencies can be trusted and is feasible and while that is going on, Bitcoin will also be usable for small transactions, like paying 3$ worth of coffee, because the price is still around 600USD/BTC instead of 40 000USD/BTC. When whe reach THAT point (which implies that Bitcon has succeeded in proving the above mentioned) small transactions might not be feasible, unless the protocol is adjusted.
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