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1101
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 28, 2014, 02:33:27 AM
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Bitches think I'm a perma-bear, but they don't know that long term (and I mean looooong term, I am open to BTC bullishness, but not now and not at current prices): UBS CIO, fuckers: http://blogs.wsj.com/digits/2014/10/27/ubs-cio-blockchain-technology-can-massively-simplify-banking/“I believe – and this is my personal view – that blockchain technology will not only change the way we do payments but it will change the whole trading and settlement topic,” said Mr. Bussmann.
He believes that blockchain technology has potential to trigger “massive” simplification of banking processes and cost structure.
He said: “When somebody with a strong brand and security level establishes it as a reliable service, then the whole industry will follow. That is my personal prediction.”Remember mofos, No Bitcoin -> No incentive to maintain the network -> No blockchain  And now back to being a bear. Time to crash again, bitcoin They don't get it  <sigh> I've had this discussion on another thread. Please read: Bitcoin: It’s the platform, not the currency, stupid!http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency/1/Which nailed it back in February. Then realise this has happened before with radio, telecoms, the internet and other technology as Tim Wu's "The Master Switch" eloquently describes: the hegemony will strip "bitcoin" of all the useful components (eg blockchain technology) it needs to continue its control. They get it...and they'll take it.they can take our FREEDOM, but they'll never take our BITCOIN!!! |
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1102
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 28, 2014, 12:34:11 AM
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Thanks for this, it'll take a while to get through but this little clip I thought was priceless. You state in your letter that the Company wishes to set up a Platform that consists of a trading system (the “System”) to match offers to buy and sell convertible virtual currency for currency of legal tender (“real currency”) I dunno, I just chuckle to see them call legal tender "real currency" quotes and all 'cuz they know it's a lie. |
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1103
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 28, 2014, 12:25:28 AM
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 Don't give up, earthlings. Exercise and stay tasty.  ~Your Beneficent Reptilian Overlords. you were right bro... we are like those ant, trapped inside goverment and their laws and fiat and religion. and bitcoin can set us all free... !!! FREEDOM !!! PS : u dont take me coin, no u dont LOL they can take our FREEDOM, but they'll never take our BITCOIN!!! |
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1105
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 25, 2014, 11:34:12 PM
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Pain incoming.
One's pain is another's delight. Until we break below 266 I'm still of the opinion that as low as possible for as long as possible is the best path forward for bitcoin. Adoption and price are tied at the hip, and mass adoption is not possible until the infrastructure is in place to such a level that bitcoin is actually easier than traditional methods. The masses don't care about fundamentals or obscure charges that are hidden in the background, they care about ease of use. If the price could just stay below 800 until 2016, that'd be great, thanks. (Of course if we break below 266, then I don't know what the fuck is going on and all bets are off.) |
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1109
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 19, 2014, 07:51:32 AM
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I think speculators are guessing that an altcoin will replace Bitcoin or that Bitcoin 2.0 derivatives will make Bitcoin unnecessary as a store of value. They will see the error in their presumptions.
Ripple is integrating 100banks in 2015. No error. Bitcoin is the past. Don't make me laugh. Well already 4banks. And one is #30 in US... Keep you head in the sand. Ripple getting in bed with the banks? Just remember that you sleep in the bed you make. |
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1111
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 14, 2014, 01:13:33 AM
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If we don't retrace to at least 380 I would be quite surprised.
I am hopeful that the market is maturing enough that it can smooth out the meteoric rise that always seems to be just around the corner.
In the meantime, I call upon those brave souls out there that are willing to risk their precious bitcoin to short this market and keep the price as low as possible for as long as they can remain solvent.
Your sacrifice is much appreciated.
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1112
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 11, 2014, 12:14:16 PM
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Why did the buying pressure suddenly stop? People were buying like crazy. What happened?
Oh wait, idiot scum traders were dumping on everyone who dared to buy and take the price up.
Well done on killing possibly the last uptrend of the year within 2 days.
Traders are Bitcoin's cancer.
National holiday yesterday (Friday) for Bitfinex's bank in Taiwan and bank holiday (Columbus Day) in US on Monday should choke incoming FIAT to the exchanges till Tuesday. thankfully some people have interac online e payment options available..and though its a 500 daily cap, it still lets you deposit on non traditional banking hours. Canadian Thanksgiving this Monday lol  I tried that option for the first time just yesterday, not sure how long it took as I went for lunch and when i got back the money was there, definitely less than two hours. Do you know if it's like seconds? Minutes? Half an hour? |
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1113
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 11, 2014, 11:53:46 AM
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Yep, just bought BTC locally from an online poker player. He had a ton of BTC won a few hundred ago he needed converted to cash. And with Bitfinex not processing wires yesterday due to a holiday in Taiwan, it became the perfect match.
I sent the BTC to Bitfinex and converted it to FIAT for more play money. Cheaper than a wire.
I haven't played play money in over 10 years, but I've heard the highest limit play money games now actually have people who try to play well. Then again, the people who told me this are of questionable ability, themselves, so maybe that's just relative to them. Who knows? I'll never find out because I didn't get as good at poker as I am to not make money when I play it. Strange, I see "I sent the BTC to Bitfinex and converted it to FIAT for more play money." And I think, he's gonna use the money for speculation, catching falling knives, bottom picking, you know, fun stuff. Play means fun to me. Personally, I found that playing poker to win is not actually fun, at least not as fun as seeing your low-ball bid get filled during a flash crash. But that's just me. |
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1114
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 11, 2014, 11:17:31 AM
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<snip>
Traders are Bitcoin's cancer.
Traders are a vital part of the price discovery mechanism. I've often said that I would like the price to stay as low as possible for as long as possible. Bitcoin is like a virus, it needs to infect a critical proportion of the population before they realize the full threat it implies, otherwise it will be eradicated. If we could stay below 1000 until sometime in 2016, that'd be great. |
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1118
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 06, 2014, 11:50:23 PM
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buy stocks from overstock, has a ring to it ... throw some stocks in with your next checkout basket when purchasing sheets even it is bigger than that even because if one has a stock on the blockchain, one would want their entire ledger on the blockchain so investors can audit and track performance up to the nearest block no more quarterly reports, no more naked short sells, no more scammy CEOs lying about revenue Now imagine a brash, young, political party that pledges to make their budgets and spending transparent on the Blockchain. These new possibilities are a threat to the current power structure. The people who benefit from the current system are not incentivized to "rock the boat". They will fight this tooth and nail. |
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i still dont get it. 
