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81  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2016, 02:29:26 AM
^^^

Rupert Bear makes Angsty Dragon his bitch Smiley

82  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2016, 01:39:05 AM
Will the bears buy back in after 600? They sure should. Maybe they'll join us at 700?
Because bitcoin is hip and happenin'?


Money is the simplest blockchain application (Bitcoin).  Logically it's protocol architecture shouldn't include the weight and unnecessary complexity of a smart contract system.  You put that shit on top (lisk).   Cheesy

From a security perspective (think wealth storage), simplicity wins out.  A house with fewer windows and doors leaves less potential security holes.  Ethereum will probably never be the "internet of money", and it's yet to demonstrate the utility of it's smart contracts.  I believe it will (and hodling ether), but it isn't a sure thing.  Bitcoin, at least, already works as money and as a store of wealth.

So, yes.  Bitcoin is fucking hip as hell.  The original.   Cool

Lol @ security, when Thermos suggested destroying Satoshi's coins because worried that early addies are hackable Cheesy
But shit, why even talk about that, when we both know that Bitcoin is simply a convenient gambling/money laundering vehicle, with usability/security providing a plausible backstory ("Officer, this isn't illegal gambling, we're investing here, honest!")

The problem with your barebones analogy is Bitcoin's already a junkwagon: no "good bones" here, no elegance. Just a bunch of angry nutters trying to tear each other a fresh one Sad

If you repent now, Satoshi will forgive you.

If you buy him lunch.

Satoshi doesn't go out for lunch. For the same reason he doesn't reveal his identity: Transgender surgery gone tragically wrong.

Rupert unloads another bag on Miss Honey Badger.

83  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2016, 01:16:24 AM
Will the bears buy back in after 600? They sure should. Maybe they'll join us at 700?
Because bitcoin is hip and happenin'?


Money is the simplest blockchain application (Bitcoin).  Logically it's protocol architecture shouldn't include the weight and unnecessary complexity of a smart contract system.  You put that shit on top (lisk).   Cheesy

From a security perspective (think wealth storage), simplicity wins out.  A house with fewer windows and doors leaves less potential security holes.  Ethereum will probably never be the "internet of money", and it's yet to demonstrate the utility of it's smart contracts.  I believe it will (and hodling ether), but it isn't a sure thing.  Bitcoin, at least, already works as money and as a store of wealth.

So, yes.  Bitcoin is fucking hip as hell.  The original.   Cool

Lol @ security, when Thermos suggested destroying Satoshi's coins because worried that early addies are hackable Cheesy
But shit, why even talk about that, when we both know that Bitcoin is simply a convenient gambling/money laundering vehicle, with usability/security providing a plausible backstory ("Officer, this isn't illegal gambling, we're investing here, honest!")

The problem with your barebones analogy is Bitcoin's already a junkwagon: no "good bones" here, no elegance. Just a bunch of angry nutters trying to tear each other a fresh one Sad
84  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2016, 12:49:28 AM
Will the bears buy back in after 600? They sure should. Maybe they'll join us at 700?
Because bitcoin is hip and happenin'?
85  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2016, 12:09:29 AM
break out incoming v.soon
Hello from the future!

86  Economy / Speculation / Re: Do you still trust this rally? on: June 06, 2016, 06:38:05 PM
Not out of steam, OP, just coiling, like a cobra. Getting ready to strike Smiley

87  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 06:25:31 PM
Sold my house this week. My mortgage was the last thing requiring me to have a bank account. Last mont my landlord started taking bitcoins for rent. He is happy.

Now to get all of that equity into bitcoins quickly.

Elwar, you crazy!



Elwar's finally off the grid, living the dream.

88  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 05:58:25 PM
Sold my house this week. My mortgage was the last thing requiring me to have a bank account. Last mont my landlord started taking bitcoins for rent. He is happy.

So all this time you've been telling us your landlord accepts BTC, you were just lying? And I trusted you... Cry
89  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 05:33:11 PM
Forget the all-time high. That was faked by Mt. Gox and willybot.

K, so this one will be remembered as The Great China Pump.

Years from now, you'll be telling me to forget this one too?
90  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 05:20:28 PM
Price still creeping up slowly, trolls need to try harder Grin


 Smiley Wink Cheesy Grin Cool

Euphoria erupts as bitcoin struggles to reach 50% of its all-time high Cool

@Dajackal: what media coverage? are you talking about Britain's worst child molester crowdfunding his child rape spree with bitcoins??
91  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 04:05:42 PM
"A Steam user who goes by the name ‘Eliot the Cougar’ contacted CCN on Friday after he was no longer able to buy Steam products with bitcoin. Eliot the Cougar noted he was able to buy games on April 28 and May 14, but the option is no longer available. He said he contacted the company’s support group, but after two days he has not received any response about the matter."
https://www.cryptocoinsnews.com/gaming-giant-steam-disables-bitcoin-in-russia/
 Where to begin...   
92  Economy / Speculation / Re: Why Etherium Not A SausageFest? on: June 06, 2016, 02:53:56 PM
How is it they got human females? Angry

http://www.coindesk.com/ethereum-co-founder-dao/
93  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 11:54:49 AM
...
In any case this is definitely more legitimate value than printing money out of thin air.
4. Why would Chinese commies not want to sell beetcoin tokens, made out of thin air and surplus electricity, into IRL American $$$?

It's not like "IRL American $$$" don't come into existence from ...thin air. Post-gold-standard $$$ are a paper scam.

At least btcs are backed by energy and other mining costs.

You don't understand the meaning of the word "backed," as it applies to currency. You share this fundamental misunderstanding with many intrepid investors on these fora. Let me give you an analogy:
If I went out to a nice dinner last night, and spent $200, this does not mean that, when I make #2 this morning, my poop is backed by $200 it cost me to produce it. My poop's not backed by anything. To nearly everyone, my poop is as worthless as it would have been if i ate a Mc.D's Happy Meal, or a bowl of rice.

"I never thought of it that way," you may be saying to yourself right about now. "Are you telling me that I shouldn't buy poo, no matter how hard someone worked to produce it?!"
"Now you're starting to understand," I'd approvingly answer.

...Alas, that's but a rose-tinted dream of mine. You'll never grasp these basic truths, ones which are obvious to most 3-yr.-olds Sad

>Aluminum is not scarce, actually it's very abundant, however in its native form it requires a lot of electrical energy before it gets converted into metallic aluminum.

That's because aluminum is whatchamacall a commodity, people *need* aluminum to make shit out of, like the cans for that PBR you're nursing now. BTC isn't used to make shit. If BTCeanies suddenly become twice as expensive to make, people won't pay you double for your extremely valuable Princess Di BTCeanie, take my word for it.

\/\/\/ If ignoring the facts helps you defend your delusions, stay ignorant. Without your likes, making money would be much more difficult Smiley \/\/\/
94  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 11:48:00 AM
^
>Already rich
>peddling shit on ebay, bawws about 90 shekels.

We got us a rich badass here...

Nobody likes getting robbed, trollfag.

You being paid off from jew bankers or ETH shills?  You getting paid .05 cents for each shill post?  Does it go to your paypal or bitcoin address?


Get used to getting robbed, Goyfriend. With Jews, you lose! Wink

MAGA you're a funny guy Grin

It stands for Make America Great Again
Quote

I was solitude until the cuck mods banned me.
Don't worry, Friendo, I won't report you Smiley

95  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 03:21:52 AM
^
>Already rich
>peddling shit on ebay, bawws about 90 shekels.

We got us a rich badass here...
96  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 02:10:00 AM
Honestly expected BTC to drop quicker. Gah, so bad at expressing myself, what I meant to highlight is how relieved I am that BTC didn't tank, like it usually does... Ekh... still sounds weak. Guys, congrats on postponing your life of extreme povert ...nonono NO. Thank God we're not invested in ETH shitcoin which sucks. Yeah.
97  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 01:19:59 AM

I assumed it was something like that.

Enjoying profits created from the panic of people gives me great pleasure!

Doesn't even need to be said. Most bitcoin enthusiasts are sociopaths.
98  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2016, 01:04:13 AM
I have no problem with gambling ... as long as it is calculated.
You know what I was doing before trading Bitcoin? ... Nope ... I tell you!
I had a statistical algorithm that I reverse engineered to try to predict lottery numbers from different automatic computer generated lotteries. You do math, and you win!
Assumed it was something like that.
99  Economy / Speculation / Re: And the rude fuck doesn't even remember to thank me. on: June 05, 2016, 11:53:56 PM
It should generate a lot of buzz and coverage
~teletype noises~
Reuters New Your; Reuters London; Reuters Tokyo:

Long-anticipated Bitcoin block reward halvening actually happens. Amazeballs!

Also in the news: Crowds around the world shit themselves as the sun rises, right on time, in the morning.


> can you post that Wile E Coyote gif and add $580 to it
No prob. Tomorrow (not that you'll see it, because you buy & forget about bitcoin for 6 months, amirite?) Smiley
100  Economy / Speculation / Re: Halving Countdown on: June 05, 2016, 11:42:52 PM
The halving isn't a "news" you fools


The cost of production has no effect on the ever-increasing supply, you fools!
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