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601  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 04:11:40 PM
...
Yeah I dunno I've never really understood that kind of greed. It's like you can only drive 1 car at a time right so I don't want a red, orange, yellow, and black lambo (though it would be nice to have 1). Actually come to think of it life is pretty fine for me I do own my house and my bmw and usually sit on my ass all day trading bitcoin in my pajamas and listening to music or just do whatever I feel like with my time. Hmmm maybe I'm rich enough already to be happy and ought to just give up this bitcoin thing ? naaaahhhhh Grin  Grin  Grin

Lambos are to cars what a porn stars are to sex -- ridiculous, showy, would be embarrassed to be seen in one.
Car freaks I know drive shitboxen/really boring "grown up" cars for daily drivers -- people who race modded P-51s are probably no different -- probably drive something lame too. I mean, if you fly @ 500mph a few feet off the ground, an occasional 180mph blip on the highway won't be much of a rush.
It's not about conspicuous consumption.

The people with money I know aren't necessarily greedy -- they're often stingy, to the point where I wind up adding to the tip when we go out for lunch (because they figured it out *to the penny*). They're into money the same [personal, irrational] way I like '50s to '70s mechanical things that go fast. They don't need the money they make, I don't need to fuck with weird cars so they would handle a hair better & go a few mph faster. Money's not a means to get something else for them, it's an end in itself -- no different than obsessing about weird cars/bikes/toob gear/BTC/old guitars.
Just something they like.
602  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 02:43:17 PM



y'all clueless, if not useless.

so just focus in not eating your shorts by the end of the day, that would be great enough.
Don't cry because it's over, smile because it happened Smiley
603  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 02:34:27 PM
So, to sum up.
Yesterday's news: We have consensus!
Today's news: We don't have consensus, we have another split!

Oh well. At least the miners are taking action. They'll be the ones to decide how this goes, whatever the devs say. Hard to argue with hashpower.

They could be hashing fuck all if the economic majority go a different route. There is always that scenario.

The Economic MajorityTM is a meaningless chunk of verbiage, created to let hodlers think that they have a say in the future of Bitcoin.
Which they absolutely don't.
Not unless they sell [the act of selling influences market], but, at that point, hard to call them hodlers -- just sodlers Smiley

P.S. Oy vey!  there it goes again! mah shekels!
604  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 02:29:05 PM
Always the same scheme. Pump it till 430-450 and sell... Why canīt they simply let it grow?

dude that's what i want to fuckin know. it's like these people who control this shit have what thousands of coins ? but they're desperate to dump right now right now right now me first no me first no matter what on any and every gain. you'd think that people with thousands of coins would be pleased to see increasing value and not want to slam it back down relentlessly , but no. ...

There ya go. The trick to making money in trading is repeatability -- being able to repeatedly buy lower and sell higher -- not buying an asset & putting a ring on it.

@tub-0-lard: by "document" i meant "a document useful in business."  But you're correct, free-fucking-form-poetry and atonal jazz are technically documents too Smiley

oh i know i'm not stupid , i trade as well just not nearly at that level of course. i just think i wouldn't take the same actions (again and again and again and again) i'd probably either just sell and walk with majority of stash and just be happy with that and enjoy my life and have a small cold storage or just enough to trade with to still have a job if i wanted it , or if i had so much that i could wreck havoc on the market i'd feel some sense of responsibility to the well being of others to not sell 1000s of coins in a minute all at once for the sake of making my already rich ass slightly richer , but then i'm not rich and as i understand it that can make people do funny things so who knows maybe i'd be doing the exact same thing if i were in their shoes.
You probably would, because ~blurs, comes back in focus as The Dude~ it's all, like, relative, man. When I was a kid, I remember thinking "if I just had a car & a place of my own to tinker with it, I'd be sooo happy." Now it's "But there are people racing and collecting shit like this " , and feel pathetic Sad
605  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 02:06:52 PM
@tub-0-lard: by "document" i meant "a document useful in business."  But you're correct, free-fucking-form-poetry and atonal jazz are technically documents too Smiley

Well, that piece of atonal jazz they all signed left me with the impression that someone, probably not the miners, wanted plenty of room for interpretation.

Of course.

@UnDerDoG81: Understand exactly what you mean, your English is fine. The thing that's both interesting & sad about Bitcoin is it mirrors the fiat world, but does on fast-forward, in compressed time. It's like having a scale model of mankind, with the millennia between invention of money & draconian regulations compressed into a few years Cheesy People rediscover why markets became regulated, realize how unnatural the concept of "store of value" is, that *many* things in a transaction involve trust, not just the value of money, that for contracts to be meaningful, jackbooted thugs are required to enforce it, why complex, highly-centralized organisms with specialization and delegation of tasks evolve from autonomous single-cell bullshit, etc., etc.
606  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:45:52 PM
Always the same scheme. Pump it till 430-450 and sell... Why canīt they simply let it grow?

dude that's what i want to fuckin know. it's like these people who control this shit have what thousands of coins ? but they're desperate to dump right now right now right now me first no me first no matter what on any and every gain. you'd think that people with thousands of coins would be pleased to see increasing value and not want to slam it back down relentlessly , but no. ...

There ya go. The trick to making money in trading is repeatability -- being able to repeatedly buy lower and sell higher -- not buying an asset & putting a ring on it.

@tub-0-lard: by "document" i meant "a document useful in business negotiations."  But you're correct, free-fucking-form-poetry and atonal jazz are technically documents too Smiley
607  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:33:44 PM
Always the same scheme. Pump it till 430-450 and sell... Why canīt they simply let it grow?


because that's how trading works.

You mean thats how stealing others money work? Pump it up, give people hope and then crash the price...

That's how largely unregulated trading works. Everything that is not expressly forbidden is permitted.
608  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:29:54 PM

TIMBER!

looks like this community is beyond repairable. the consensus found yesterday is already under heavy fire. no surprise eth starts rising again, people want a functioning circle of developers.

only way out of this mess could be that the miners just patch the code, in the end bitcoin has no decentralized way of deciding things apart from POW.

Everyone will read that document like the devil reads The Bible, and it looks like one way of looking at it is that the core road map is unchanged. 2MB non-segwit but 4MB max total smells like little to no change in maxBlockSize. Their encouragement of using more signature heavy txs might eat up much of the 4MB. Idk, we might have to whip some answers out of Bitusher when he's back. It's pretty clear though that Bitcoin is not going to allow many more users for the next 18 months. Sort of hard to get all pumped up about this.

true, would be nice to have it implemented in the roadmap.

but "no new users"? i disagree, we will loose microTXs and gain new users that are doing bigger TXs. is it a good thing to loose microTXs? no of course not! but Bitcoin will survive to let them go for some time.

If a document reads like the Bible, it's clearly not a document. The reason that actual, IRL documents read like they do is because grownups hire paralegals to draft them, so that they would be legally binding, exact, and not open to interpretation like some free-fucking-form poetry.
609  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:25:13 PM
does still anybody belive we can pump to new highs without the Gox bots?  Grin

oh i do! 6B$ is nothing when it comes to financial markets.

it is quiet a lot if you have to put that money on strange shady exchanges.

true. nevertheless i know at least one fully licensed exchange that has gov-fund protection in place. seems not too shady to me.

Yeah, but the whole point of Bitcoin is pain and humiliation lack of government interference, so you don't have to explain where Precious came from.

apart from the gov licensed ones you still have plenty of shady exchanges who give a fuck who you are.

Curious fact: Having one's name in a Bulgarian database is, arguably, less of a deterrent than having one's records accessible to the IRS.
610  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:21:53 PM
all day to gain $20 in value half an hour to lose it all back sonofabitch this is not what we're supposed to be doing today folks there was basically big good news with the consensus agreement thank god for stop orders but still that was retarded

was it? today it looks more and more like the rest of core will reject the made consensus.

When the mechanics of reaching "consensus," and even "consensus" itself, remain undefined, this is what you get Smiley

611  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:19:52 PM
does still anybody belive we can pump to new highs without the Gox bots?  Grin

oh i do! 6B$ is nothing when it comes to financial markets.

it is quiet a lot if you have to put that money on strange shady exchanges.

true. nevertheless i know at least one fully licensed exchange that has gov-fund protection in place. seems not too shady to me.

Yeah, but the whole point of Bitcoin is pain and humiliation lack of government interference, so you don't have to explain where Precious came from.
612  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:14:59 PM
does still anybody belive we can pump to new highs without the Gox bots?  Grin

oh i do! 6B$ is nothing when it comes to financial markets.

>financial markets
ITT, we're talking about Magic: The Gathering and BTCeanies. Stay focused pl0x.
613  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2016, 01:03:01 PM
Onoes! What's happening? Shocked

... Blocks not full and price near 450! I like it :3
Sad
614  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 11:28:58 PM
new pump incoming ... the crassic storm of poutrage FUD is just feeding the fire now, driving the vortex from the other side.

Anti-fragile demonstrations have been the biggest drivers for bitcoin price appreciation thus far.

FUD harder lusers, it's working for us now Smiley

Resistant against coercion from states, corporations, individuals, even core developers!

You cannot fuck with the bitcoin!

http://youtube.com/watch?v=WMQg546agpU


615  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 10:44:44 PM
... Use fiat if you so love the moral hazards of majoritarianism's good intentions.

Getback's gonna be so sweet... Zero moral ambiguity, 100% joy Smiley

616  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 10:32:02 PM
...
What kind of tyranny is it that you are promoting?

Noone should ever force anyone to do anything, 75% miners is nothing like a consensus, 28 day is a second for bitcoin's lifespan.

Any protocol change should never be done against all these very very stupid circumstances.

617  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 07:45:44 PM
...
was this all for show?

618  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: February 20, 2016, 03:23:26 PM
It can make banks disappear but it will take a long time before it can even happen, we just need to wait for it see what happens.
The banks hate the bitcoin they only love the block system of it...
Banks do not hate bitcoin. I believe that both of these are going to be very good combination. If bitcoin and banks work together, both can help each other. It takes time but it'll happen for sure.

WHYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY??? ><

Why would banks and btc get together? There is no reason for us to use banks they're useless piece of shit and parasites nothing more!!!

And yet some Bitcoiners still get surprised when banks tell them to go away & don't wanna play with them...

And I don't get why would any bitcoiners want to use a bank! Banks represent everything that btc fights for!!! That would be the most stupid thing ever to have a btc bank!!!

Well, those who left Mom's Basement tend to get paid in fiat, have to buy things with fiat, have mortgages, car payments, health insurance payments, taxes, etc., etc. -- that sort of thing...
619  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 03:15:44 PM


AHahahah!

That's why they reached consensus this time xD

Wait for it...



Because that's how Bitcoin works Smiley

620  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2016, 03:10:34 PM
how has this news not blown up already

isnt the meeting over?



TL;DR: Hopes were crushed, some promises were made. Scaling problem remains unsolved Sad
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