Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32655.

seleme

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Duelbits.com

Quote from: solex on July 11, 2013, 08:33:34 PM

Quote from: seleme on July 11, 2013, 08:18:54 PM

hm, are we heading to 100 Shocked

Yes. I think so, at least to 95-98. Interesting that the expected pullback to 80-82 is not materializing, which means the market is feeling pretty bullish.

yeah, you gotta laugh at that considering the posts from few days ago.

Can't see Blitz around last few days Shocked

Bitcointalk moderator, what a joke..

bzzard

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solex

legendary

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100 satoshis -> ISO code

Quote from: seleme on July 11, 2013, 08:18:54 PM

hm, are we heading to 100 Shocked

Yes. I think so, at least to 95-98. Interesting that the expected pullback to 80-82 is not materializing, which means the market is feeling pretty bullish.

vokain

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Quote from: ?? on ??

Quote from: JimboToronto on July 11, 2013, 08:09:27 PM

Another day ends at MtGox.

“Every real story is a never ending story.”

seleme

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Duelbits.com

hm, are we heading to 100 Shocked

JimboToronto

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You're never too old to think young.

Another day ends at MtGox.

ChartBuddy

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notme

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Quote from: zemario on July 11, 2013, 07:29:13 PM

Mmmm.... The market appears to be distilling quite well.

Could this be the bottom? It's looking good, not many would expect the bounce here, but it does appear that people is regaining trust.

It would take a bull with some balls. Or at least enough balls to take us up a couple more dollars and trigger the daily goomboos.

zemario

full member

Activity: 194

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Mmmm.... The market appears to be distilling quite well.

Could this be the bottom? It's looking good, not many would expect the bounce here, but it does appear that people is regaining trust.

adamstgBit

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Trusted Bitcoiner

Quote from: marvinrouge on July 11, 2013, 07:11:55 PM

goodbye 88 wall !!

oh shit

marvinrouge

sr. member

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goodbye 88 wall !!

ChartBuddy

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chanson

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Quote from: crumbs on July 11, 2013, 04:52:13 PM

Quote from: Richy_T on July 11, 2013, 03:52:08 PM

Quote from: crumbs on July 11, 2013, 01:57:48 PM

Or milk,

You know where milk comes from, right? You know what those animals are fed, right? You know how much oil is used to support the growth of those crops, right? Then you know how all that stuff is moved around, right?

It's cool, bro. I feed my cows all-natural, organically grown & insecticide & gen-patent free free range grass. That & bone meal, made from their mamma cows. Corn feed is for sissies.

I just let mine graze on federal land.

Spaceman_Spiff

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₪``Campaign Manager´´₪

Quote from: notme on July 11, 2013, 06:16:06 PM

Quote from: seleme on July 11, 2013, 06:12:15 PM

Screw the fancy economy talk, where the heck we're going now? Grin

To the right.... always to the right.

Nice one !

zemario

full member

Activity: 194

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Quote from: notme on July 11, 2013, 06:16:06 PM

Quote from: seleme on July 11, 2013, 06:12:15 PM

Screw the fancy economy talk, where the heck we're going now? Grin

To the right.... always to the right.

ROFLMAO

Walsoraj

hero member

Activity: 686

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Ultranode

http://blog.coinbase.com/post/55203204550/instant-bitcoin-purchases-at-coinbase

No more need for US traders to keep money on Gox.

Prediction: to da' moon. I.e., over $265 w/in 30 days.

notme

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Quote from: seleme on July 11, 2013, 06:12:15 PM

Screw the fancy economy talk, where the heck we're going now? Grin

To the right.... always to the right.

seleme

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Duelbits.com

Screw the fancy economy talk, where the heck we're going now? Grin

uhoh

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Circle gets the Square

Quote from: molecular on July 11, 2013, 05:50:40 PM

Quote from: crumbs on July 11, 2013, 12:33:13 PM

Quote from: molecular on July 11, 2013, 12:08:07 PM

[...]Bitcoin has a limited supply. The money will disperse over the long run (rich people spend and invest, borrowers default). [...]

I can't see the logic here offhand, but, presuming that's true, does it then follow that those looking to accumulate more bitcoins than Average Joe are backing the wrong horse?

No, I think you are backing exactly the correct horse in trying to accumulate more. At least when you're still young and not looking death in the eye yet. Everyone will always try to excel and be better than others and that's a good thing. It will benefit society as a whole and increase prosperity.

Quote from: crumbs on July 11, 2013, 12:33:13 PM

Are you saying that non-inflationary currencies encourage spending?

No, life encourages spending. A non-inflationary currency just facilitates an environment in which people are put in a position to suffer the consequences or reap the benefits of their actions. There are no distortions of price signals or misallocations of capital that would allow inefficient behaviour to persist for long. People who make bad decisions experience an outflow of money. Since noone makes good decisions all the time, money will not concentrate at a single point. The rich will tend to spend more money than the poor (simply because they have more and want to live life) and by this logic non-inflationary money tends to disperse.

I don't know wether this logic makes much sense, but it's the way I currently think about this issue.

+1
Nicely put.

ChartBuddy

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