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441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2015, 07:22:31 AM


TRUMP 2016!

CAN'T STUMP THE TRUMP!

Trump will make Bitcoin mining in the USA profitable again!

Why should the chinks get all the profits from mining anyway?

Trump will deport all bears and shorters to Mexico!

TRUMP 2016!



Meanwhile,  in actual news, Bernie Sanders wants to impose a 0.1% - 0.5% financial transaction tax on trading, PER TRADE  (like your broker commission )...
442  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2015, 02:10:32 AM
...
Pushing for higher miner fees is barking up the wrong tree. Either we manage with lower fees or the system fails, if you ask me. This will be the case regardless of transaction rate.

Can't we just hardfork to a new, better block reward schedule (print more money)?
What good would that do? The mining subsidy is the single biggest reason miners suck off such a large portion of wealth stored in BTC at the moment. Mining subsidy coupled with bullish price expectations, that is. (An inflation-corrected BTCUSD chart would probably be pretty illuminating...)

That's a really good idea. A chart of BTC price over time adjusted by the amount of total BTC in existence at that point in the chart.

SIDE NOTE. Sold some coin today to pay off a few bills. Still positioning myself to wait out the fullblocalypse.




Here's a chart of market cap, but I guess you are looking for the opposite effect

https://blockchain.info/en/charts/market-cap?timespan=all&daysAverageString=7&scale=0&address=
443  Economy / Speculation / Re: We're going to crash! Here's proof! on: December 23, 2015, 01:00:24 AM
Define 'crash'. To where,  420? 380? I guess he's not making those kinds of calls anymore because last time he was off by 50% of the move
444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2015, 12:57:02 AM
Shills are people inserted by an agency.  These assholes are just serving their own self interests
445  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2015, 12:51:45 AM
Every movement up or down looks really big to all the traders because they're looking at a short time frame and don't zoom out, so the movement takes the entire vertical height on the chart. It's the same as when your trading forex and look at a 1 minute chart and think 'oh god look at that huge 5 pip move'

na im talking about the forums I go to, during august there were massive posts  going don't buy bitcoin etc etc and by really smart looking people, then everything goes quiet on the uptrend passed 300$s.

Then when it drops by 30$ all these people come out of the woodwork back again posting the same EXACT fud from when the price was at 200$s.

I used to think shills were a myth or just silly confirmation bias but im starting to believe it.
Yes there are lots of traders who post bearish things mostly only during bearish periods.  Either because.
1. They're long during the bull periods
2. They don't bother posting during the bull period because they'll be drowned out by bulls and up movement psychology.
3. You don't notice them during bull periods because they're drowned out by tons of bull posts (do you read EVERYTHING? )

they're just traders,  assholes, liars, and bears. I don't see what makes them 'shills'
446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2015, 12:29:41 AM
Every movement up or down looks really big to all the traders because they're looking at a short time frame and don't zoom out, so the movement takes the entire vertical height on the chart. It's the same as when your trading forex and accidentally look at a 1 minute chart and think 'oh god what's happening now. What's this huge move.  Oh it's only 5 pips'
447  Economy / Speculation / Re: Beginning of the trend reversal on: December 22, 2015, 11:04:36 PM
I guess a trend of 10 dollar decreases looks terrible when you forget to put it next to the 100 dollar increase (or the 300 dollar increase)
448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 10:08:22 PM
price is about to go up again all in b4 its too late!
$1,000,000 per coin,  right?
449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 10:04:15 PM
Better keep that candle green to keep krampus away for Christmas
450  Economy / Speculation / Re: Afraid from Broken Cryptography risk, could it even happen ? on: December 22, 2015, 09:06:36 PM
Sha256 and ec will inevitably be completely broken by mathematicians.  You won't need a quantum computer,  just a pen and paper.  However,  bulls claim that will be able to see the vulnerabilities coming many years in advance and release forks and issue everyone new private keys beforehand.
451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 08:59:54 PM
Don't forget also that gold is highly valuable for its usages in semiconductors, medicine,  space exploration,  etc
452  Economy / Speculation / Re: Beginning of the trend reversal on: December 22, 2015, 08:50:23 PM
"The trend is reversing" - on which time frame though?
453  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 08:47:14 PM
You know that sentiment has reached adequately negative levels when people think that crypto is done,  over some mining issue
454  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 07:29:15 PM
It's not just the location of the moon but the lengths of time involved.  The Bulls wanted 1000 by Christmas, not mid 2017.
455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 06:26:16 PM
How I think the situation may develop


Some people here will actually call you a bear for this chart
456  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 04:47:41 PM
I knew the future of bitcoin was here when people were still talking about "China "
457  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2015, 06:30:16 AM
Huobi down?
458  Economy / Speculation / Re: satoshi's logic is not so logic on: December 22, 2015, 05:01:29 AM
This is where bbqcoin steps in.
459  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2015, 11:58:23 PM
Release the Kraken!
460  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2015, 06:35:34 PM
https://www.reddit.com/r/Bitcoin/comments/3xnchr/rand_corporation_is_researching_how_to_destroy/

Quote
The Department of Defense should be aware of the following:

[Virtual Currencies]'s represent the latest step toward decentralized cyber services.
In particular, the historical trend suggests the development
of a resilient public cyber key terrain, which this report
defines as the ability of unsophisticated cyber actors to have
persistent, assured access to cyber services regardless of whether
a highly sophisticated state actor opposes their use. This has
implications for national firewalls, access to extremist rhetoric,
the feasibility of nation-state cyber attacks, and the ability to
maintain uninterruptible and anonymous encrypted links.


Quote
This report will examine the potential for terrorist, insurgent,
or criminal groups to increase their political and/or economic power
by deploying a VC to use as a currency for regular economic transactions
rather than exploiting existing VCs as a means of illicit transfer,
fundraising, or money laundering.

First page of the summary:

Quote
This report examines the potential for non-state actors, including
terrorist and insurgent groups, to increase their political and/or economic
power by deploying a VC as a medium for regular economic transactions
as opposed to exploiting already-deployed virtual currencies,
such as Bitcoin
, as a means of illicit transfer, fundraising, or money
laundering.
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