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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2016, 12:43:10 AM
Some girl's family has invested in Bitcoin. She's asking us how to convince them they're being scammed.
https://www.reddit.com/r/Bitcoin/comments/4thlit/my_family_invested_in_onecoin/
Anyone feel like giving her a few pointers?
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2016, 11:55:52 PM
back to 690 by morning.

We are all in the gutter, but some of us are looking at the stars.
Dare to dream!
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2016, 08:28:04 PM
Bitcoin price bitching 101:

3) Price declines

(3) on moderate volume it is then.
Could pick up the pace a bit, but just a bit blase, not really bitching.
4  Economy / Speculation / Re: When to hit $10,000? on: July 18, 2016, 07:03:25 PM
If the price rises 100% every year, it can be reached in 4 years.

We'll be at $160,000/btc in 8 years, $320,000/btc in 9, $640,000/btc in 10, and over a million dollars per BTC in 11 years.
The future looks bright.

Buddy, have you bought your lambos and yachts already or you'll be waiting 11 years? Roll Eyes

Lambos? Yachts? Hell no, I'll be waiting for another 11 years, and then hodling some moar. Delayed gratification til I die!
5  Economy / Speculation / Re: When to hit $10,000? on: July 18, 2016, 06:05:06 PM
If the price rises 100% every year, it can be reached in 4 years.

We'll be at $160,000/btc in 8 years, $320,000/btc in 9, $640,000/btc in 10, and over a million dollars per BTC in 11 years.
The future looks bright.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2016, 03:33:32 PM
Volume is more or less where it should be.
   
$47,839,000. Depressing, but pretty much as expected.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2016, 12:14:25 AM
And low compared to what?
The past month. $76,807,200 in the past 24hrs.

$51,025,700 today. https://coinmarketcap.com/currencies/bitcoin/
The joint's jumpin'.


Lower, not low, for me

I still think 51,025,700 is significant for a weekend, in my modest opinion

Would have to go back to May for a lower volume Undecided

Ouch. $35,318,200 https://coinmarketcap.com/currencies/bitcoin/

@kobilica, Wink ET IRA-grade better-than-gold-frickin-F. In Two WeeksTM
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2016, 09:24:32 PM
And low compared to what?
The past month. $76,807,200 in the past 24hrs.

$51,025,700 today. https://coinmarketcap.com/currencies/bitcoin/
The joint's jumpin'.


Lower, not low, for me

I still think 51,025,700 is significant for a weekend, in my modest opinion

Would have to go back to May for a lower volume Undecided
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2016, 09:12:27 PM
And low compared to what?
The past month. $76,807,200 in the past 24hrs.

$51,025,700 today. https://coinmarketcap.com/currencies/bitcoin/
The joint's jumpin'.
10  Economy / Speculation / Re: Nice terror attack effect on bitcoin? on: July 16, 2016, 12:53:26 AM
Bitcoin don't seem to care about the coup attempt in Turkey either...
Why would it care?  Why would any world news affect the price of bitcoin?  Bitcoin isn't a safe-haven asset.  Look at the price today compared to two months ago--we went from 420 to over 700 very quickly, and that isn't safe.  It could easily have gone the other way.  Besides, everyone knows what gold is and have a good idea that it's a place to park money in turbulent times.  Not a hell of a lot of people know or care about bitcoin.  And most of the ones who do are smoking cigarettes in the dark.

In terms of "safe-haven assets", your points are valid.

However, a general de-stabilisation of governments and/or currency could easily have a positive effect on Bitcoin value. One historical example of this would be Cyprus - I doubt many Cypriots were actually transferring their wealth into Bitcoin, but the idea that an unstable economy could confiscate its citizens funds resulted globally in other people pushing the price up.

And with a country like Turkey, NATO member and land-link to the turbulent Middle East, things could cause more of a dynamic.

Wars, social instability, plagues. If it hurts mankind, it's good for bitcoin.
Somebody on /r/bitcoin is already trying to get people in Turkey to buy some. Not kidding.
"It's 2 am. My country is in the midst of a military coup. Social media is blocked.
Think I'll browse /r/bitcoin and see if some dude there could give me some valuable advice re. my current predicament. Links to the bitcoin wiki and exchanges would be super helpful..."
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 05:11:35 PM
don't have to be white, male and middle class anymore.
Technically, you don't need to be any of those things IRL either. It just so happens that most of the fiat-rich are.

Just like you don't need to be a white male guberment-hatin' neckbeard to be bitcoin-rich, but that'sjust  how it worked out.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 04:58:05 PM
>Good for early holders, but getting in right now, it's sketchy as fuck. It's good time to sell.
>Content: "yeah steem bitcoin yeah yeah!!!" Pure hype. Everyone speaks how better it is than facebook and reddit actual money, but doesn't feels true.

So exactly like BTC? Check.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 04:25:02 PM
It's amazing that people buy into this shit.  Steem the next bitcoin?  Please.  It'll be forgotten soon after the first dump, or 'hack'.  lol

Steem has been already hacked.. 'liquidity reward', look it up.

Up 32.37% in the past 24hrs. How's your bitcoin doin'?
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2016, 04:20:20 PM
Estimated Confirmation Time    Very Soon (High Priority)

Not included in 4 blocks so far, all had > 2000 txs  Edit: they all were "full"

In Two WeeksTM
This public service announcement has been brought to you by Legacy Finance System, your friendly local bankster shills, and the letter $.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2016, 02:42:06 PM
You guys feel that?!?!
...
holy fuck this thing is about to explode!

So this is how it ends...
It was an honor serving with you, Sir. I only regret that I have but one life to lose for Bitcoin.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 02:35:03 PM
^Working for me too now Smiley
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 02:11:36 PM
"The Next Bitcoin?"

oh shit!

The Kiss of Death!

Steem is a data collection tool for the NSA & GCHQ.  The more you reveal about yourself, the more you get paid, and we all know, people will do anything, yes I say anything.... for money.
You mean like ... dick pix?
Quote
Or maybe people think I am just paranoid
Not at all. NSA & GCHQ are dying to know what it is we do there in our mom's basements. But they never shall: we're too cunning!

Yo, the NSA is already there:

https://steemit.com/@nsa/transfers

502 Sad
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 01:23:23 PM
Steem is a data collection tool for the NSA & GCHQ.  The more you reveal about yourself, the more you get paid, and we all know, people will do anything, yes I say anything.... for money.
You mean like ... dick pix?
Quote
Or maybe people think I am just paranoid
Not at all. NSA & GCHQ are dying to know what it is we do there in our mom's basements. But they never shall: we're too cunning!
19  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think of STEEM? on: July 14, 2016, 12:06:53 PM

Check out the services/digital goods sections of this forum. It's already a cottage industry with conventional social media.


well, yeah. that's called advertising and it pays because they're huge platforms with billions of users.

Well yeah, what did you think social media is?

and the volume is only 1.3 million on one exchange. that don't smell like the world is getting on board. eth, no matter how you feel about, was managing tens of millions across multiple exchanges.
I'm not saying that the world is getting on board, merely asking how much time do you suppose we have to make hay? Because I like hay.
(1 million is *amazing* volume for something like this. It's already third coin by market cap / fifth by volume.)
20  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think of STEEM? on: July 14, 2016, 12:01:53 PM
so it's a social network that pays you to like and post? who wouldn't wanna be paid for that?
Check out the services/digital goods sections of this forum. It's already a cottage industry with conventional social media.
Quote
i don't have the slightest clue how it works. i'm gonna have a guess that there's absolutely zero way of sustaining it. make that hay while the sun still shines.
Cutting to the chase: how much time left to make hay? Because hay is being made... http://coinmarketcap.com/
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