Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7048. (Read 26710266 times)

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nullius: that is always the way I have felt about BTC and gold.

Biodom: indeed good & interesting news.

Sr. Dude: you bet!


My Sendable Merit pile is going down...  

I did it for science...I like to believe Bob will forgive me someday.

Stop writing ursine-passive ravishment porn.  This is a porn-blocker-friendly forum.

P.S., love the title.

Wow... The price seems to have held up really well over 11k even through some pretty heavy selling over the previous hour.  The buyers are definitely there at 11.  Interesting.

Then it would happen very fast

If Apple and Microsoft announce a long term holding position in BTC

Along with Samsung ,AMD and Nvidia.

500k a coin could happen.

Something to dream about.

Most people think a government ban is the biggest risk to bitcoin. But with MicroStrategy now having a third of it's market cap in bitcoin, do you really think governments will tank stock markets? Risk of ban will get smaller and smaller when more listed companies follow MSTR.

https://twitter.com/100trillionusd/status/1306119800255639559?s=21

The best contra indicator out there.
Keep posting Proudhon even if you are on my ignore list.

I doubt Bob appreciates you posting a picture of him doing his metal plates ritual for all to see...

America is an empire in decline, china's goal is to retake that position.

As it happend in the past everytime when there is a new transition it will lead to major conflict.

Tensions are already rising. Enjoy the show.

some stamptard wants to get rid of his coins for next to nothing 

LOTS of resistance around $11.100, tho. We might go over $11k over and over again.

As a Bitcoiner who has also always been a goldbug at heart, I never understood why some Bitcoiners feel a need to bash gold.  It is understandable that some goldbugs may be reasonably (i.e., unlike r0ach) skeptical about Bitcoin, given that gold has a millennia-long proved record, and will survive the demise of yet another civilization (= no electricity, no Internet, no billion-dollar fabs making chips...); Bitcoin is a radical leap into uncharted territory, not the comfortable, conservative, non-risky (except for risk of theft, especially government seizures) asset.  But why is there any Bitcoiner antipathy toward gold?

I see the two as complementary.  Each has valuable properties that the other lacks.

For those looking for a store of value and not a get-rich-quick Ponzi, who cares if gold is “only” up 50% in 7 years?  That is not the point.  In a finite universe, no asset can infinitely increase in value forever.  In a high-entropy world, the greater problem is to keep value.  Gold will do that.  Indeed, gold and its lesser brethren in the precious metals asset class are the only non-immovable, major market assets which are guaranteed to never go to zero.

Gold is the supreme hedge against the total collapse of all industry and technology.  It is an asset that will assuredly retain its value a thousand years from now, or in ten thousand years, or longer—if humans still exist.  Civilizations come and go; gold stays valuable.  Are you really a long-term thinker?  Buy gold.  Take delivery.  And have heirs.

Whereas gold is just not very useful in the present.  Not in the daily “I need to buy and sell things” sense.  Maybe it could be, if society were different—but then, this whole discussion would be otiose.  If society were different, then children would obey their parents, marriage would not be a sham, governments in so-called “free” countries would not be extractive gangs of armed robbers and mass-murderers, people would ordinarily use gold as money...  What was I saying?

With considerable effort, but much less effort than would be necessary with gold, I obtained Bitcoin with total anonymity.  I can and do send bitcoins around the world at the press of a button, and receive bitcoins from anyone, anywhere just as easily.  Bitcoin is incomparably more portable than gold, more divisible than gold (unless you have the facilities to melt and reform a metal with a high melting point), and, all things considered, so very much easier to secure (if you know what you are doing).

Bitcoin makes life better today, and promises to make life even better tomorrow.  Therefore, people want it—therefore, it is valuable.  I could explain further, but that would be preaching to the choir here...

The two are so different, and both valuable—why not have both?

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P.S., characterizing r0ach as “goldy man” is like characterizing a “WHEN MOON???” Ponzi-loving get-rich-quick forum sigspammer as “Bitcoin man”.  Picking the worst, lowest-credibility person purportedly connected with something as a representative of that thing is a pretty good broadbrush smear tactic—often used against Bitcoin, too.

P.P.S., in a matter with real impact on my life and the lives of others here:

Go, Bitcoin, go!

Seasonal moments.
Many opportunities.
Bitcoin’s forever.

boxes



#dyor

News in btc:

https://twitter.com/msantoriESQ/status/1306236234675740672

In this moment I am ithyphallic.

No all 18+ here so can understand this.

+1 WOsMerit



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coinbase and bittrex have both done it to me.
they fixed the mistakes in 24-36 hours.


and coinbase once sent my bank 2 x 3000 dollar withdrawals vs 1

they took about 30 hours to fix it.

@ biodom

segwit and ln networks are not killing btc at the moment

not a fan of them as they don’t truly solve scaling issues.

time will tell if they will work as intended