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13561  Bitcoin / Bitcoin Discussion / Re: Btc in wall street? on: July 12, 2016, 07:42:13 PM
Wall St as in any type of institutional/ professional financiers? There are a few who've taken the plunge, albeit very few.

I think it would have to get considerably bigger for the majority to pay it any attention. Current daily volumes would make real professionals snort with derision. People here get boners when there are buys and sells of half a million dollars. That's sub loose change to them.
13562  Economy / Collectibles / Re: I would like to ask if casascius coins after buying it? on: July 12, 2016, 07:36:46 PM
If Bitcoin did reach a much higher valuation then I struggle to see how the BTC premiums would hold.

They're great things to own but if you're talking several thousand dollars of premium then that's a little bit of a stretch for me.

If Bitcoin reached $10,000 then I'm not sure the 1 BTC you paid for a 0.1 coin is going to hold. You may end up getting 0.15 or 0.2 and therefore chucked away a significant rise.

Who knows though. Perhaps they'll grow ever more desirable.
13563  Bitcoin / Bitcoin Discussion / Re: U.S. Gov’t Announces Blockchain Healthcare Contest on: July 12, 2016, 06:28:47 PM
Sounds like they're throwing everything at the wall to see what sticks. Personally I'm waiting for a blockchain cupcake.
13564  Economy / Economics / Re: Trade house for 1 bitcoin on: July 12, 2016, 03:14:38 PM
If a bitcoin is enough to buy a house, a more pertinent question is would you let it go for an asset that's less likely to appreciate?

I'd rathet get rid of my fiat. As for answering the actual question I'm going for between 3 and 4 decades in my part of the world.
13565  Economy / Trading Discussion / Re: Traders: I'll tip you for recommending a suitable exchange on: July 12, 2016, 03:10:40 PM
HSBC is definitely out. There's no british banking available for exchanges.

Why so specific?
13566  Other / Politics & Society / Re: will people really suffer without sex education on: July 12, 2016, 03:06:57 PM
I don't recall getting any in school and i would've ignored it anyway.

It's all common sense and best left to parents or one's abuser.
13567  Other / Off-topic / Re: Hottest WOMEN who use Bitcoin? on: July 12, 2016, 03:04:55 PM
Every personality test I've done tells me i have a female brain.

I also have superb cheekbones, loamy loins - though i don't know what that means - and willowy limbs.

Ergo it's ME.
13568  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2016, 03:02:49 PM
Poor winklevii. They're constantly beset with frontrunners. Let's hope their etf is lovely too even if it is late to the party.
13569  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2016, 08:05:42 PM

So if it is approved, not a bad sign that the S-1 might one day be cleared, but I don't think it means the decision for S-1 is now within 90 days.

If this request isn't approved, probably a very bad sign for S-1 approval.


Articles elsewhere have stated that if it doesn't get the approval for this rule then it probably won't happen at all. If it does then the ETF itself is a step closer to possible approval. If it doesn't then at least we'll know and we can all chip in to make our own. It's progress if nothing else.
13570  Economy / Trading Discussion / Re: Has Blockchain Halving had any impact on the Bitcoin market? on: July 11, 2016, 06:22:43 PM
This market's like an iceberg. There's an awful lot going on below the surface. I think OTC markets are the dark horse and they might be most affected by less miner availability.

It's going to take a few months to get a sense of what effect it's truly had.
13571  Other / Politics & Society / Re: Epic lies of USA supported cripto Jew, President of "Ukraine". on: July 11, 2016, 06:20:41 PM
I think it's time this forum had a dedicated Jewish abuse section. It seems to be the pet subject of many a poster here. Then the rest of us can get on with posting rockets and trains in peace.
13572  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2016, 06:18:09 PM

haha i think that hashocean would not dump their coins so fast.


They can only sell once and they only have enough to make a dent in a few hours of trading. That's it.
13573  Bitcoin / Bitcoin Discussion / Re: If u were Warren Buffet would u buy 51% of Bitcoins? on: July 11, 2016, 06:15:57 PM
The question is, if it will be still possible to buy 51% of all Bitcoin even if you own a fortune like Warren Buffet. Buying over half the Bitcoin ever existing will require a huge number of people willing to sell them.

I don't think he'd have a hope in hell of getting anywhere near 51% even if he was willing to throw away five or ten times his net worth.

Enough people would never sell. Enough people have a ridiculously high price that they might consider it. Enough people would notice someone buying mountains of it and hold out for even more.
13574  Economy / Speculation / Re: We'll be at 10,000+ by 2026 on: July 11, 2016, 06:03:13 PM

I think the thing you are doing right now is getting just over-excited about bitcoin.
It is a great tool,but you cannot expect THAT big rise,it may really go up very high,but just dont say things like that...

Yes, He Must Be Stopped.

Of course it's possible. Nobody knows how likely it is. Whatever happens there's going to be so much rich reading for people perusing this forum in a decade.

Hello, futurepeople. Either you envy or pity us. Don't judge.
13575  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: July 11, 2016, 06:00:54 PM
So a 10x and plenty more rise over the course of a few short months isn't enough?
13576  Economy / Speculation / Re: We'll be at 10,000+ by 2026 on: July 11, 2016, 05:34:33 PM

People with large amounts of money, aka wallstreet, mutual funds, hedge funds, etc. look to be reluctant to invest in an asset where majority of trading and vast majority of transaction confirmations are chinese-based.


Is not the world's largest buyer of gold China? And they own lots of lovely US debt too.

The Chinese bucket shops need to become an irrelevance. That'll require better exchanges and some actual demand, of which there is little to none in the real world. If and when there is a few sprinkles of it then off it'll go.

I'm sure the average human is bright enough to know that the Chinese trading thing is a mirage but I don't think mining is going anywhere else any time soon.

13577  Bitcoin / Bitcoin Discussion / Re: If u were Warren Buffet would u buy 51% of Bitcoins? on: July 11, 2016, 11:33:07 AM
Warren Buffet is clever. Clever means not buying something you don't understand. It also means not buying 51% of something because it would cost a bleedin' fortune and most people wouldn't be into the idea of buying something majority owned by one person. 
13578  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: July 11, 2016, 11:13:48 AM
i haven't used that but the password should be - nem
13579  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2016, 11:10:31 AM

We need to wait for another 2-3 months until the limited supply of coins is reflected on the exchanges. The proce should rise naturally then.

I'll believe it when I see it. I don't believe most of the newly mined coins ever get anywhere near an exchange anyway. And I don't think serious OTC buyers would ever go anywhere near an exchange.

I suppose they have to obtain them somewhere but that might just make the OTC market bigger from people who would otherwise sell on an exchange. Either way it's not gonna hurt.
13580  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: July 11, 2016, 11:06:01 AM
Is your machine 32 bit? If it is then the wallet won't work. It requires 64 bit Java. Dunno why.

And there is a blockchain download too but it's nothing like as horrifyingly huge as the Bitcoin one. You can download a recent version from the bob.ninja site to save time.
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