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13461  Economy / Exchanges / Re: Coinbase now supports Etherium; Is this a threat to Bitcoin dominance on: July 23, 2016, 02:45:59 AM
coinbase is just like other exchanger, bittrex, poloniex etc nothing to worry about it. Adding etherum on their list because etherum is one of the popullar alttcoin like other exchanger did, I dont think that it will threat bitcoin at this moment, it might be, once the etherum's price same or higher than bitcoin's price.



I'm not sold on that viewpoint.  Coinbase is the first port of call for many people getting into cryptocurrencies and their fiat links make it more important and 'legit' in the eyes of customers.

They also have serious marketing muscle compared to alt only operations as their remit is to pull fresh meat in. Ethereum being pushed by them is a big deal however you want to look at it but I think it's a pretty reckless move on their part. I sure as shit wouldn't be adding a freshly forked coin that may or may not become pos sometime soon.

Do you really think enough people want ETH ? I don't think so.People should actually start giving up on their shit coin ideas because the market is just not ready to accept change.I'm talking about general merchants here,they're still trying to promote the use of bitcoins and accept it's mass adaptability.

Deep down I don't think most people care what they buy if it makes them Rich. Right now it's the alts where the action is.  Greed will cream anything else every single time even if it kills the entire scene off.

13462  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2016, 02:27:27 AM
Will do.  Man,  I'm overflowing with ideas for genuinely awful places to go now.  What a treat.  I hope it kills me slowly so I get to savour as many grotesque moments as humanly possible.  And I promise to attempt to pay for my pints with Bitcoin in dive pubs even if it gets me glassed every single time.
13463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2016, 01:48:38 AM
It's definitely on the list. One day I hope to come across somewhere so desolate and depressing that I instantly drop dead from sheer despair. In the UK Port Glasgow does a nice job. I think some forgotten city in Siberia's going to do it.

lol, sounds like you've taken inspiration from Karl Pilkington.


There's a book called crap towns whose readers voted for the 50 crappest towns in the UK. Glasgow was voted joint fourth crappest with Edinburgh in 2004. If you want a crapper town than Glasgow try visiting Sunderland, Windsor, or Luton. The 2004 vote for the number one crappest town in the UK was Luton.

https://en.wikipedia.org/wiki/Crap_Towns

1. Luton
2. Windsor
3. Sunderland
4. Edinburgh (equal place with Glasgow)
4. Glasgow (equal place with Edinburgh)

There might be similar crap town votes held in other countries that could tell you the most desolate and depressing places to visit.

Hm, some parts of some of those cities are quite nice (just watch out for garbage trucks in Edinburgh though).

I don't really know who this pilkington bloke is. Luton seemed OK enough to me.  I've lived in Glasgow and Edinburgh and had a fine old time in both.  I even went on holiday to Hull and nearly shat myself with sheer joy but nothing's beaten Port Glasgow though most of Coventry runs it pretty close.
13464  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2016, 06:02:30 PM
It looks promising indeed but I think there'll be too much optimism and excitement from other people who reached it. Most of the places I like going the people there ask 'why the fuck did you come here?' but I'll put my affairs in order and give it a try.
13465  Economy / Exchanges / Re: Coinbase now supports Etherium; Is this a threat to Bitcoin dominance on: July 22, 2016, 05:43:59 PM

Bitcoin initially,started as a investment.No one was really buying stuff online with bitcoins.Due to heavy investments or demands,the prices increased drastically.I'm afraid if same happens with ETH ,it might just take over bitcoin.But hey practically speaking,its never going to happen,bitcoin has already crossed Horizons,took ages to reach there.


Bitcoin's done all the hard work. There's not a great deal stopping something else usurping that if enough people want it. The problem is that it makes crypto look like a heap of valueless shit if the daddy is discarded in favour of something else. That means it could happen again and again.

Most people want to speculate. ETH is providing more market action.
13466  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2016, 05:13:35 PM
You should come to Svalbard. It's the poor mans Antarctica.

It's definitely on the list. One day I hope to come across somewhere so desolate and depressing that I instantly drop dead from sheer despair. In the UK Port Glasgow does a nice job. I think some forgotten city in Siberia's going to do it.
13467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2016, 04:16:16 PM

You leave our comely east coast latecomers alone! Angry

Wouldn't you be trying to get your fingers in innocent knickers by showing them things they hadn't eaten before like beef or chocolate? They also liked photography very much and were amazed by phone calls even though they couldn't really speak.
13468  Economy / Marketplace / Re: Seeking some advice. How does one start to become an escrower. on: July 22, 2016, 04:08:24 PM
Blimey. Rather you than me. It sounds like a recipe for a world of pain and never ending ball ache to me. I'll leave it to others myself. And if my descendants take over this account then my wishes are plainly written here.
13469  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2016, 03:43:23 PM

Is it job related or just a weird british thing? They're not exactly common tourist destinations.

Weird British. I fucking love going to the backs of beyond and you can't get much more beyond than that. The first place I went to in the US was rural Nebraska. I was in Newfoundland recently and headed straight for the most remote communities I could find. It certainly feeds my soul. Dunno why.
13470  Economy / Speculation / Re: In the next five years, the bitcoin can not be developed from $650 to $6500? on: July 22, 2016, 03:39:01 PM
With a price of $6,5k per coin the market cap would be over 121 billion!!!!!!!
For that to happen you need ETFs, Black swan events or super mass adoption for whatever reason.

Super mass adoption would push the price far beyond that. It would still be not too far off stealth mode. Right now it's still nowhere mode. And let's not forget that's market cap. Market cap is meaningless shite but handy for pushing prices up.
13471  Bitcoin / Bitcoin Discussion / Re: So is Bitcoin a SAFE Asset? on: July 22, 2016, 03:37:01 PM
No. I don't believe that in the slightest. Bitcoin is a speculative plaything and a luxury curio.

If your local currency collapsed and it looked like you weren't going to be able to buy food a la Greece or Venezuela you're going to be scrabbling for dollars or euros, not something that one person in ten thousand on the street has the slightest understanding of.

For more generalised worries I don't believe it's reactive to real world events in any way other than inspiration for a fun pump carried out by the same people every single time.

And anyone who thinks Bitcoin's position at the top of the crypto heap is secured is dangerously naive. It's going to need another 5-10 years before anyone can be sure about anything. In the meantime there's going to be ever more competition.
13472  Bitcoin / Press / Re: [2016-07-21] coinidol.com| Bitcoin Price Has Not Enough Strength To Grow on: July 22, 2016, 03:31:56 PM
I do not believe wider economic happenings have any real effect on Bitcoin. If there are, they're purely because they're used as inspiration for the same knackered old bunch of traders to try and con more coins out of the naive.

There. I said it.

Anyone who shouts 'safe haven' because of economic strife is somewhere around 25-95 years too early.
13473  Economy / Speculation / Re: 666 barrier on: July 22, 2016, 03:28:55 PM
4 years maximum to see $1k back again.

I for one will not be very impressed if it's around that level by the next halving. By then we should have some scaling, if not then I'll be gone, and there might be things like ETFs. Even if there aren't any super dramatic developments then the existing infrastructure should be far more solid and professional.
13474  Economy / Economics / Re: What is your best investment strategy? on: July 22, 2016, 02:57:01 PM
I know what it should be, but I'm too dim to put it into action. As for alts, there's no denying it's a different world now and that's the only place you'll make really significant amounts of money trading crypto.

I find this really weird but it's too much of a gamble for me. The only alt strategy that works for me is getting in on the very bottom floor and sitting it out.
13475  Bitcoin / Bitcoin Discussion / Re: Is bitcoin can be used as a method of payment online? on: July 22, 2016, 02:54:10 PM
Indeed and I did so myself just this hour. But 95 times out of 100 the merchant isn't accepting Bitcoin at all. They're just using it a convoluted way of transmitting dollars.
13476  Other / Politics & Society / Re: Did Laura Ingraham give a Nazi salute to Trump at RNC? on: July 22, 2016, 02:49:38 PM
I believe most politicians now have a type of rubberised and motorised vest controlled by their handlers that prevents potentially controversial arm and torso movements. I guess this lass didn't have one fitted. She soon will.
13477  Bitcoin / Bitcoin Discussion / Re: KickAss owner was using Coinbase as his bitcoin wallet!!!!! on: July 22, 2016, 02:46:59 PM
How long had it been running for? Feels like forever to me. It's common human behaviour to become fat and careless when something's been running smoothly for long enough. And I guess enough pirates have decided in their own mind that they're not doing anything wrong.
13478  Economy / Speculation / Re: 666 barrier on: July 22, 2016, 02:45:31 PM
It did it seemingly forever in 2014 too. Either the stars are aligning in Satan's favour or there's some evil collusion going on. And isn't 666 = Satan a common fallacy?
13479  Economy / Service Discussion / Re: How to sell stuffs online and earn Bitcoin? on: July 22, 2016, 02:43:57 PM

Thanks for the add-on. Is it only available for UK people? Or can anybody outside UK can buy and sell on that site? Smiley


Hmm. Probably UK only I'd say as they provide free postage for you to send stuff in. I supposed someone abroad could ask but it would be unlikely.
13480  Economy / Service Discussion / Re: Genesis Mining: The next failure of cloud mining? on: July 22, 2016, 02:41:31 PM
Aren't they all going to fail in time? I'm surprised there are any attempting to continue after the halving. It's going to become even more centralised and elite than it ever was before and the real professionals aren't going to bother selling magic beans to nobodies.
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