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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371864 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
10c
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June 13, 2013, 12:44:07 PM
 #15921


I never purchased or sold anything on SR. I did make an account once to see what the fuss was about.

I think most bitcoiners have at one point looked to see what it's all about.
We are Dutch, so nothing special for us.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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TheKoziTwo
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June 13, 2013, 12:44:46 PM
 #15922

And once again I disagree  Cheesy
Why?
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June 13, 2013, 12:45:30 PM
 #15923

You don't disagree, I don't believe in any moral need to follow laws that are unjust either. But if the statist are going to name you a criminal for doing what's right, then be proud to be a criminal.

No, I do disagree Tongue

They aren't crimes. Some ignorant people (governments mainly) may label them as crimes, but this doesn't make it so.

Stop being silly.  Governments are not ignorant, we only wish them to be. People who break [government] laws are criminals, by definition.  
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June 13, 2013, 12:45:34 PM
 #15924

Sure sounds like there's a lot of SR vendors on this thread, trying to morally justify they are just that  Roll Eyes

Maybe bitcoin economy is mostly SR afterall...
You are wrong. I never dealt on SR, ever.

Don't take it so seriously, I was just poring oil on the fire  Tongue
TheKoziTwo
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June 13, 2013, 12:46:53 PM
 #15925

Sure sounds like there's a lot of SR vendors on this thread, trying to morally justify they are just that  Roll Eyes

Maybe bitcoin economy is mostly SR afterall...
You are wrong. I never dealt on SR, ever.

Don't take it so seriously, I was just poring oil on the fire  Tongue
That being said, I don't have any moral issues with SR and may very well start dealing there one day. Just don't know what to deal.
wachtwoord
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June 13, 2013, 12:48:35 PM
 #15926


You say I should take their definition because I don't have power over them. That's nonsense.
lucas.sev
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June 13, 2013, 12:50:26 PM
 #15927

Sure sounds like there's a lot of SR vendors on this thread, trying to morally justify they are just that  Roll Eyes

Maybe bitcoin economy is mostly SR afterall...

Bitcoin economy = SR + asic companies to mine bitcoins Cheesy
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June 13, 2013, 12:54:17 PM
 #15928

Sure sounds like there's a lot of SR vendors on this thread, trying to morally justify they are just that  Roll Eyes

Maybe bitcoin economy is mostly SR afterall...

Bitcoin economy = SR + asic companies to mine bitcoins Cheesy

You forget that 99% is pure speculation - like in fiat economy. Or just compare Forex daily turnover ($3.98 trillion) with any other business in the world.

Speculation drives economy in the capitalist system. That's it.
Rampion
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June 13, 2013, 12:54:39 PM
 #15929

In other news: guys, time to sell. Really.
Jozzaboy
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June 13, 2013, 12:57:30 PM
 #15930

In other news: guys, time to sell. Really.

How about no... you crazy Dutch bastard! Buy in with all that green in your wallet!
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June 13, 2013, 12:57:50 PM
 #15931

In other news: guys, time to sell. Really.

What? Has it reached $300k/mBTC already?
TheKoziTwo
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June 13, 2013, 12:57:54 PM
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You say I should take their definition because I don't have power over them. That's nonsense.
It makes it very difficult to communicate with someone if their definitions differentiates from the majority. It doesn't have to do with surrendering anything.
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June 13, 2013, 12:59:33 PM
 #15933


You say I should take their definition because I don't have power over them. That's nonsense.
It makes it very difficult to communicate with someone if their definitions differentiates from the majority. It doesn't have to do with surrendering anything.

I cannot and will not accept a definition that's internally inconsistent. Even if all others in the world do accept it. You're right this may impede communication.
lucas.sev
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June 13, 2013, 01:00:05 PM
 #15934

Sure sounds like there's a lot of SR vendors on this thread, trying to morally justify they are just that  Roll Eyes

Maybe bitcoin economy is mostly SR afterall...

Bitcoin economy = SR + asic companies to mine bitcoins Cheesy

You forget that 99% is pure speculation - like in fiat economy. Or just compare Forex daily turnover ($3.98 trillion) with any other business in the world.

Speculation drives economy in the capitalist system. That's it.



I don't forget that. I'm saying that once speculation is gone all that's left is SR and ASIC companies Smiley
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June 13, 2013, 01:00:41 PM
 #15935

In other news: guys, time to sell. Really.

What? Has it reached $300k/mBTC already?

Almost - anyhow, I'm just trolling. You guys know i'm a long term perma-bull Wink
lucas.sev
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June 13, 2013, 01:04:30 PM
 #15936

In other news: guys, time to sell. Really.

What? Has it reached $300k/mBTC already?

Almost - anyhow, I'm just trolling. You guys know i'm a long term perma-bull Wink

Is there anyone who is not?
TheKoziTwo
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June 13, 2013, 01:07:59 PM
 #15937


You say I should take their definition because I don't have power over them. That's nonsense.
It makes it very difficult to communicate with someone if their definitions differentiates from the majority. It doesn't have to do with surrendering anything.

I cannot and will not accept a definition that's internally inconsistent. Even if all others in the world do accept it. You're right this may impede communication.
I don't know you're political believes. But capitalism is an example of a word, that now, by the majority means a "government regulated marked / corporatism" and not a free market. Because of this, I do not use the word "capitalism " anymore, instead I use voluntaryism, anarcho-capitalism etc. Even "laissez-faire" has been somewhat diluted lately to define a regulated market. In your opinion I would be better off sticking with "capitalism" even though majority will misinterpret it. I guess we'll have to agree to disagree Smiley
TheKoziTwo
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June 13, 2013, 01:10:00 PM
 #15938

In other news: guys, time to sell. Really.

What? Has it reached $300k/mBTC already?

Almost - anyhow, I'm just trolling. You guys know i'm a long term perma-bull Wink

Is there anyone who is not?
Those who held 100% fiat and waited for the price to drop to $2 one more time, back in 2011. Ooops  Wink
wachtwoord
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June 13, 2013, 01:14:45 PM
 #15939

I don't know you're political believes. But capitalism is an example of a word, that now, by the majority means a "government regulated marked / corporatism" and not a free market. Because of this, I do not use the word "capitalism " anymore, instead I use voluntaryism, anarcho-capitalism etc. Even "laissez-faire" has been somewhat diluted lately to define a regulated market. In your opinion I would be better of sticking with "capitalism" even though majority will misinterpret it. I guess we'll have to agree to disagree Smiley

Indeed I guess we do, because in the above examples I would choose to use the words as they are intended. If during the discussion we find out (usually quickly) that people use it incorrectly I will try to correct them.

We do share a political preference it seems (Anarcho-Capitalism)

BTW: How can laissez-faire ("let it be", "let it go") be diluted? These are two very common french words and merely translating them leads to the correct definition: no government involvement in the market! No exceptions.
lucas.sev
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June 13, 2013, 01:17:32 PM
 #15940

In other news: guys, time to sell. Really.

What? Has it reached $300k/mBTC already?

Almost - anyhow, I'm just trolling. You guys know i'm a long term perma-bull Wink

Is there anyone who is not?
Those who held 100% fiat and waited for the price to drop to $2 one more time, back in 2011. Ooops  Wink

I suppose they had their entry points at which they decided the bear market is over, just like me. I think we will drop to 30's but if we get through certain point above current price I will enter.
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