Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32958. (Read 26609651 times)
July 11, 2013, 04:38:42 PM
I could probably generate a nicer looking thumbnail now that I look at it.
July 11, 2013, 04:37:07 PM
I dunno. I'm sure folks who bought @266 would find some fault with your logic. People nitpick like crazy, don't see *the bigger picture* like us 
Bitcoin went down because someone printed up a bunch of them? If not, your version of logic differs significantly from what is accepted by those who use it correctly.
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.
The point is misallocation of resources. It may actually be optimal for people to keep their money rather than spend it in fear of having it stolen from under them. Resources consumed without genuine want or need are wasted.
July 11, 2013, 04:34:31 PM
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.
Do I smell a minecraft reference?
July 11, 2013, 04:31:46 PM
July 11, 2013, 04:30:03 PM
July 11, 2013, 04:29:25 PM
Thanks for taking the advice posted elsewhere in the thread ChartBuddy. I think this looks much better.
I think something broke. It isn't posting automatically. Not sure why.
never seen chartbuddy talk, but im also a noob
ChartBuddy is a robot, but his handler is around.
July 11, 2013, 04:28:16 PM
July 11, 2013, 04:27:44 PM
July 11, 2013, 04:25:52 PM
Long ride completed.
WE ahead.
I'd say 70% chances are down, 30% up.
Not expecting a dramatic fall though, just a sensible correction.
MY 2 cents.
WE ahead.
I'd say 70% chances are down, 30% up.
Not expecting a dramatic fall though, just a sensible correction.
MY 2 cents.
July 11, 2013, 04:24:55 PM
*Timeframe is not precise.
July 11, 2013, 04:07:51 PM
July 11, 2013, 03:58:50 PM
week ago someone would kill to dump 16k down to 80$.
They are watching the technical indicators (if you haven't noticed). Give it some time...
July 11, 2013, 03:54:06 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?
You're providing a lot of hints here. From your line of questioning alone, I'm able to deduce that;
Milk comes from those animals.
Those animals are fed those crops.
A quantity of oil large and small enough to be moved around is used to support the growth of those crops.
I know how all that stuff is moved around.... right?
Edit: Ah! I think I figured it out. Milk is actually just oil that has been refined with what seems to be an incredibly inefficient process. Thanks!
Edit2: "Those animals" are simply prepubescent oil, not ready for pumping.
July 11, 2013, 03:52:13 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.
July 11, 2013, 03:49:07 PM
Thanks for taking the advice posted elsewhere in the thread ChartBuddy. I think this looks much better.
I think something broke. It isn't posting automatically. Not sure why.
never seen chartbuddy talk, but im also a noob
July 11, 2013, 03:46:57 PM
If it wasn't for days like yesterday on MtGox, i'd have to dig deeper for proof of the opposite. But, in all seriousness, while the rich have a definite edge in finance [ 
], the advantage only grows with deflationary currency [textbook stuff here]. BTW, my question was much shallower & simpler: If wealth tends to disperse in Bitcoin economy, and I'm looking to get rich (be a node of wealth concentration), it seems to follow that backing Bitcoin is not in my best interest. I think.
But, in all seriousness, while the rich have a definite edge in finance [ ], the advantage only grows with deflationary currency [textbook stuff here]. BTW, my question was much shallower & simpler: If wealth tends to disperse in Bitcoin economy, and I'm looking to get rich (be a node of wealth concentration), it seems to follow that backing Bitcoin is not in my best interest. I think.Here's where the rich have the edge: You put $10 in your wallet tonight, in the morning, it's worth $9 cause the government has printed up a bunch of cash and given it to their rich banker friends. Bitcoin works against that.
I dunno. I'm sure folks who bought @266 would find some fault with your logic. People nitpick like crazy, don't see *the bigger picture* like us
July 11, 2013, 03:46:43 PM
week ago someone would kill to dump 16k down to 80$.
July 11, 2013, 03:46:09 PM
Thanks for taking the advice posted elsewhere in the thread ChartBuddy. I think this looks much better.
I think something broke. It isn't posting automatically. Not sure why.
July 11, 2013, 03:42:13 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?
You're providing a lot of hints here. From your line of questioning alone, I'm able to deduce that;
Milk comes from those animals.
Those animals are fed those crops.
A quantity of oil large and small enough to be moved around is used to support the growth of those crops.
I know how all that stuff is moved around.... right?
Edit: Ah! I think I figured it out. Milk is actually just oil that has been refined with what seems to be an incredibly inefficient process. Thanks!
July 11, 2013, 03:36:30 PM
Thanks for taking the advice posted elsewhere in the thread ChartBuddy. I think this looks much better.
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