Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33453. (Read 26709729 times)
June 05, 2013, 09:40:30 PM
No, they usually don't go to bed. They usually revert to personal attacks and childish insults. 3...2...1 Buckle up!
June 05, 2013, 09:30:48 PM
Ah yes, I see the Bitcoin, bible thumping, delusions continue.
"Silk Road, no. We have a bunch of legitamate businesses."
"Oh really? Which ones?"
"Umm...well...we have a bunch of VC money coming in."
Bitcoin thecurrency commodity. Great for speculators and dope dealers. 
"Silk Road, no. We have a bunch of legitamate businesses."
"Oh really? Which ones?"
"Umm...well...we have a bunch of VC money coming in."
Bitcoin the
Yeah it's funny how that guy refused to answer about his guess on ratio bitcoins being spen on services/goods of silkroad vs everywhere else. But maybe it's just coincidence and he went to bed
June 05, 2013, 09:28:45 PM
Ah yes, I see the Bitcoin, bible thumping, delusions continue.
"Silk Road, no. We have a bunch of legitamate businesses."
"Oh really? Which ones?"
"Umm...well...we have a bunch of VC money coming in."
Bitcoin thecurrency commodity. Great for speculators and dope dealers.
"Silk Road, no. We have a bunch of legitamate businesses."
"Oh really? Which ones?"
"Umm...well...we have a bunch of VC money coming in."
Bitcoin the
June 05, 2013, 09:21:21 PM
June 05, 2013, 09:07:03 PM
Another price increase, another DDOS and another price drop. Is someone so desperate to put the price down??
June 05, 2013, 08:14:03 PM
lucas.sev got in a funny-looking delorean in 2011 and showed up here.
Now, like a bewildered Marty McFly, he's looking around in disbelief.
Now, like a bewildered Marty McFly, he's looking around in disbelief.
You are a funny guy! Must be great having you at parties!
Quote
Just because Amazon, Wal-Mart, and the IRS don't accept bitcoin yet doesn't mean we're still riding on Silk Road's coat tails.
It's kinda like those jackets that dry themselves and the hovering skateboards... this is the fuuutuuurrree , luke.sev... the fuuuuuttuuurrrreeeee
It's kinda like those jackets that dry themselves and the hovering skateboards... this is the fuuutuuurrree , luke.sev... the fuuuuuttuuurrrreeeee
Dwarfing silkroad in sales volume in BTC? I take your word for it. What would be your guess of ratio bitcoins being SPENT on services/goods of silkroad vs everywhere else?
June 05, 2013, 07:56:48 PM
lucas.sev got in a funny-looking delorean in 2011 and showed up here.
Now, like a bewildered Marty McFly, he's looking around in disbelief.
"What? You mean silk road is no longer a significant driver of bitcoin price?"
"What? Thousands of legitimate businesses accept bitcoin, altogether dwarfing silk road in sales volume?"
"What? An ever-increasing number of popular mainstream businesses, websites, and charities, accept bitcoin - like Wordpress, OKCupid, Mega, Gyft, Reddit, Foodler, etc.?"
Just because Amazon, Wal-Mart, and the IRS don't accept bitcoin yet doesn't mean we're still riding on Silk Road's coat tails.
It's kinda like those jackets that dry themselves and the hovering skateboards... this is the fuuutuuurrree , luke.sev... the fuuuuuttuuurrrreeeee
Now, like a bewildered Marty McFly, he's looking around in disbelief.
"What? You mean silk road is no longer a significant driver of bitcoin price?"
"What? Thousands of legitimate businesses accept bitcoin, altogether dwarfing silk road in sales volume?"
"What? An ever-increasing number of popular mainstream businesses, websites, and charities, accept bitcoin - like Wordpress, OKCupid, Mega, Gyft, Reddit, Foodler, etc.?"
Just because Amazon, Wal-Mart, and the IRS don't accept bitcoin yet doesn't mean we're still riding on Silk Road's coat tails.
It's kinda like those jackets that dry themselves and the hovering skateboards... this is the fuuutuuurrree , luke.sev... the fuuuuuttuuurrrreeeee
June 05, 2013, 07:46:54 PM
No idea, kinda looks like him though 
http://gifsoup.com/view/2125312/walter-block-facepalm.html
It's him.
Is that a list of some obscure vendors who support them? Is any of them 10% as popular as silkroad?
Alexa rank: 1025
Just out of interest, you don't agree that silkroad is the major force that will prevent bitcoins from falling into single digits if something terrible happens like mtgox and major exchanges closing (or some other crisis, exact nature is not the point of this question)? Do you think this namecheap thing if 10% as significant?
June 05, 2013, 07:38:03 PM
Is any of them 10% as popular as silkroad?
Do you know anyone who does use Silkroad? I am 99% sure that the majority of the people who use Bitcoin do not frequent Silkroad.
June 05, 2013, 07:29:31 PM
Is any of them 10% as popular as silkroad?
Do you know anyone who does use Silkroad? I am 99% sure that the majority of the people who use Bitcoin do not frequent Silkroad.
June 05, 2013, 07:26:29 PM
I love it when they say only Silkroad accepts BTC. Not to mention the over 18,000,000 that was just pledged by a newly formed venture capitalist firm specifically to fund Bitcoin startups.
June 05, 2013, 07:20:46 PM
No idea, kinda looks like him though
http://gifsoup.com/view/2125312/walter-block-facepalm.html
It's him.
June 05, 2013, 07:17:05 PM
Is that a list of some obscure vendors who support them? Is any of them 10% as popular as silkroad?
Alexa rank: 1025
Just out of interest, you don't agree that silkroad is the major force that will prevent bitcoins from falling into single digits if something terrible happens like mtgox and major exchanges closing (or some other crisis, exact nature is not the point of this question)? Do you think this namecheap thing if 10% as significant?
June 05, 2013, 07:16:32 PM
Lol @ someone else who is stuck in 2011 and is utterly convinced that bitcoin is still "riding on silk road."
Keep on dreamin, pal. Someone like you shows up every once in a while; we'll try to be nice.
Keep on dreamin, pal. Someone like you shows up every once in a while; we'll try to be nice.
June 05, 2013, 07:05:34 PM
No idea, kinda looks like him though
June 05, 2013, 07:03:57 PM
But I still think Bitcoin is currently overvalued.
The truth is, outside speculation, bitcoin is only supported by silkroad. Imagine speculators leaving, and silkroad shutting down.
https://en.bitcoin.it/wiki/Trade
Is that Walter Block?!
June 05, 2013, 07:02:25 PM
June 05, 2013, 07:00:22 PM
But I still think Bitcoin is currently overvalued.
The truth is, outside speculation, bitcoin is only supported by silkroad. Imagine speculators leaving, and silkroad shutting down.
https://en.bitcoin.it/wiki/Trade
Is that a list of some obscure vendors who support them? Is any of them 10% as popular as silkroad?
Alexa rank: 1025
June 05, 2013, 06:55:25 PM
But I still think Bitcoin is currently overvalued.
The truth is, outside speculation, bitcoin is only supported by silkroad. Imagine speculators leaving, and silkroad shutting down.
https://en.bitcoin.it/wiki/Trade
Is that a list of some obscure vendors who support them? Is any of them 10% as popular as silkroad?
June 05, 2013, 06:52:23 PM
Frozenlock just gave the answer that ends this discussion. The blockchain has the potential to become so much more than a ledger that stores bitcoin transactions. Bitcoins however are what gives you access to it. Intrinsic value, right there.
Could you give some examples?
I think nerds like to, well, nerd out about the potential of the block chain because it takes a while before you can even wrap your head around what it actually is: a distributed, tamper & attack-proof, eternal, trust-free storage of information. (...)
Yup.
You could "relatively" easily bootstrap an entire financial sector (stocks, options, etc.) on top of bitcoin and be incredibly secure. All this without the need for massive investment, or even a powerful and corrupt-free judicial system.
The price to use this? Transaction fees, paid in bitcoins.
But I still think Bitcoin is currently overvalued.
So one of two things is true:
1. You believe the Blockchain (including it's current main use as currency) being used extensively for any of the reasons you discuss is very very small
2. You are irrational
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