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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 26371267 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.)
kromtar
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October 28, 2015, 09:51:03 PM

In the end everyone just want more bitcoins, when you hear people screaming "x" altcoin will replace bitcoin just hold your bitcoins and run or they will scam your bitcoins.  Cheesy
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October 28, 2015, 10:01:28 PM

Coin

Explanation
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Self-Custody is a right. Say no to"Non-custodial"


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October 28, 2015, 10:10:14 PM


In the end, changes in the relationship of fiat to bitcoin is going to take years and years to work out - because in essence, it is going to be really difficult for various governments to fight bitcoin.



I dunno about that. This Rough Consensus Attack seems to be working amazingly well. 




Maybe?   However, I still believe that we are going to $350 soon, within the next few weeks or alternatively within the next few months - but yep, I do NOT claim to have any kind of crystal ball abilities, so I cannot really know for sure about whether governmental and/or financial institutions are "together enough" or alternatively sufficiently powerful and/or organized enough in order to effectively undermine the various underpinnings of bitcoin and its network. 

Because I am NOT 100% certain about what is going to occur regarding the short-term or long-term price performance in bitcoin, in recent months, I have been merely attempting to continue to accumulate bitcoin, and hedging my bets.  I suppose I am about 85.6% certain that it is ultimately going to go up, but specifics of my expectations change regarding short-term and long term on a regular basis.

I am still working on honing my position - however, as the price goes up, on an ongoing basis, I am taking some of that out and putting it on the side in order that it is available reinvestment - so going down can also be pretty good for me, assuming that some day it is going to go back up or at least worst case scenario, I would be able to identify its downfall before the rest of you schlebs... hahahahaha     Cheesy Cheesy Cheesy  (and get the fuck out while people are still buying at a decent price). 



 
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October 28, 2015, 10:14:07 PM



interesting pattern these days. taking a hit and crawling slowly slowly back up....
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Make Bitcoin glow with ENIAC


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October 28, 2015, 10:26:26 PM


7. bitcoin has NO PRIVACY... this makes it unconstitutional. EVERY transaction is recorded in the blockchain and can be traced. some of the more advanced bitcoin users watch stolen coins move from wallet to wallet all the time.. maybe watching for stolen coins moving is beneficial but clearly bitcoin is like an NSA spyware app.


The constitution regulates the way the government organizes itself. Because it's more difficult to change than regular laws, lawmakers like to stuff it with things they think needs this extra protection, often assorted human rights. But when someone claims that something is unconstitutional, he or she usually points to some action, intended or otherwise, that results in one part of government intervening in another part of governments sphere of power. Like when the military thinks it's best to take over control of the country. Or when a president or general assembly tries to intervene in a court verdict.

In what way, and by what constitution, is Bitcoin unconstitutional?

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October 28, 2015, 10:28:20 PM

ETHEREUM MICROSOFT PARTNERSHIP CONFIRMED : reason BTC PRICE RISING!!!!

RIP Ethereum
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October 28, 2015, 10:32:30 PM

problem for me is i have been butthurt for months now... i been talking trash about bitcoin for months now. and i am going to continue to talk trash... when mofos try to get even with me cuz they are mad cuz i will kick their ass for wronging me then we get into a boxing match... this is about being WRONGED. that is why i am being a total biatch and refuse to stop being a total biatch... check this out what i wrote before so far:


Paging the real aztecminer, your children have found the password post-it.
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October 28, 2015, 10:37:49 PM

@aztecminer

you went mia for monthsdays just to come back super butt hurt when btc broke 300$?

 Roll Eyes Kiss


problem for me is i have been butthurt for months now... i been talking trash about bitcoin for months now. and i am going to continue to talk trash... when mofos try to get even with me cuz they are mad cuz i will kick their ass for wronging me then we get into a boxing match... this is about being WRONGED. that is why i am being a total biatch and refuse to stop being a total biatch... check this out what i wrote before so far:


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October 28, 2015, 10:38:40 PM

Most their funding is in Bitcoin. Bitcoin's up.

I think they sold a large chunk of it. I recall some kind of fuss at the time.
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October 28, 2015, 10:40:56 PM

Most their funding is in Bitcoin. Bitcoin's up.

I think they sold a large chunk of it. I recall some kind of fuss at the time.

Indeed and now they're moaning about not having enough money left because they didn't dump quick enough.
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October 28, 2015, 10:47:23 PM

china is going to wake up in a few hours, gessing how much the spike will be Huh + 5%
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October 28, 2015, 10:48:49 PM

6:45 AM in Shanghai and someone's buying.  I bet we cross 2000 RMB again in the next few hours.
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October 28, 2015, 10:49:06 PM


7. bitcoin has NO PRIVACY... this makes it unconstitutional. EVERY transaction is recorded in the blockchain and can be traced. some of the more advanced bitcoin users watch stolen coins move from wallet to wallet all the time.. maybe watching for stolen coins moving is beneficial but clearly bitcoin is like an NSA spyware app.


The constitution regulates the way the government organizes itself. Because it's more difficult to change than regular laws, lawmakers like to stuff it with things they think needs this extra protection, often assorted human rights. But when someone claims that something is unconstitutional, he or she usually points to some action, intended or otherwise, that results in one part of government intervening in another part of governments sphere of power. Like when the military thinks it's best to take over control of the country. Or when a president or general assembly tries to intervene in a court verdict.

In what way, and by what constitution, is Bitcoin unconstitutional?

Yeah, this is nonsensical.  There is a certain implied right to privacy in the Fourth Amendment, but of course that only applies to the Federal government.  To argue that bitcoin violates your right to privacy is like arguing that billboards violate your right to privacy if you post your private information on them. 
Fatman3001
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October 28, 2015, 10:57:47 PM

Most their funding is in Bitcoin. Bitcoin's up.

I think they sold a large chunk of it. I recall some kind of fuss at the time.

Yeah, you're right. They released their finances a month ago.

http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/

There's been some noise about Vitalik trying to find other funding solutions, but I don't know how far he's come.

I just hope they manage to release enough, with whatever funding they get hold of, to enable the community to take over the baton.

Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in.
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October 28, 2015, 11:01:31 PM

Coin

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nioc
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October 28, 2015, 11:02:43 PM

The professor thinks btc is a ponzi.  Then we here about a real big ponzi, MMM.  I'm not satisfied with this btc ponzi.  I want a better ponzi so I'm joining MMM.  Let's see, first step is buy some btc.  Just did and I didn't even look at the price.  Thanks professor Smiley
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Bitcoin replaces central, not commercial, banks


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October 28, 2015, 11:04:23 PM

I can smell the coffee already!
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October 28, 2015, 11:06:03 PM

Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in.

Not a loaded question, just wondering if you have a better insight into this topic: Care to explain in one or two sentences what Ethereum can do that the Blockchain plus possibly pegged side chains plus some hardware infrastructure linked to these can't do? Never really understood the point of a "Turing complete crypto", I guess.
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October 28, 2015, 11:07:50 PM

Most their funding is in Bitcoin. Bitcoin's up.

I think they sold a large chunk of it. I recall some kind of fuss at the time.

Yeah, you're right. They released their finances a month ago.

http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/

There's been some noise about Vitalik trying to find other funding solutions, but I don't know how far he's come.

I just hope they manage to release enough, with whatever funding they get hold of, to enable the community to take over the baton.

Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in.

They dumped all their Bitcoins and crashed the price, but they gave themselves a massive premine of Ethers to dump. Are they still holding their premine or have they dumped it yet? Ethereum's price crashed after the launch anyway, but I don't know if it was due to the IPO buyers dumping, or that in combination with the devs dumping.
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October 28, 2015, 11:12:36 PM


They dumped all their Bitcoins and crashed the price, but they gave themselves a massive premine of Ethers to dump. Are they still holding their premine or have they dumped it yet? Ethereum's price crashed after the launch anyway, but I don't know if it was due to the IPO buyers dumping, or that in combination with the devs dumping.

They only gathered 30,000 coins or so. That's plenty but not enough to do any lasting damage to the price. Did they really do lightning dumps? Them of all people should be aware that giant market dumps don't do anyone any favours.
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