Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Karpeles]

the price is dropping hard once again i think that it means that after some time it will reach huge heights

After some time it will reach huge heights, but after how much time? Weeks, months, decades? And after how much falling?

If it is related in any way to future highs, is by testing the 350 floor level

[mOgliE]

http://www.coindesk.com/blockstream-ceo-bitcoin-industry-creating-toxic-environment-for-developers/

Thoughts?

Yeah... your post is saying, I don't know how to read or think or to provide any information.... therefore, I would like you guys to read it for me and to tell me what you think.  


Don't you have any thoughts? or are you just trying to get others to do all of the work for you?

Oh, I've got lots of thoughts! I just didn't want to sway anyone's unbiased opinion's with my firm support of a 2mb increase asap.
I think Hill has grave concerns that bitcoin is not doing what he wants it to. I think he has a lot of eggs in one basket and it seems like he believed he had spent enough money to ensure that his vision of bitcoin would be achieved. It seems as if he is now realizing that he 'made a huge mistake' think arrested development phrase.

I recognize that the article was published by coindesk which was recently acquired by barry silbert and that these two parties may have conflicting interests. However, to me, he came off as desperate. I say desperate, as compared to other notable figures in the bitcoin space, most still talk about how everything is great, things will work out, bitcoin will be scale, and the block size will increase. Hill didn't come off that way. I don't want to be dark, but I laughed when I finished the article.

However, with confirmation bias and the like, I wanted to see what others thought as I assume this is just my interpretation and not universally shared.

Don't worry, JayJuanGee doesn't know how to be polite ^^

[skylighters]

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does that 50 per cent thing means that the block size issue was solved as its not filled?

[ChartBuddy]

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[JayJuanGee]

http://www.coindesk.com/blockstream-ceo-bitcoin-industry-creating-toxic-environment-for-developers/

Thoughts?

Yeah... your post is saying, I don't know how to read or think or to provide any information.... therefore, I would like you guys to read it for me and to tell me what you think.  


Don't you have any thoughts? or are you just trying to get others to do all of the work for you?

Oh, I've got lots of thoughts! I just didn't want to sway anyone's unbiased opinion's with my firm support of a 2mb increase asap.
I think Hill has grave concerns that bitcoin is not doing what he wants it to. I think he has a lot of eggs in one basket and it seems like he believed he had spent enough money to ensure that his vision of bitcoin would be achieved. It seems as if he is now realizing that he 'made a huge mistake' think arrested development phrase.

I recognize that the article was published by coindesk which was recently acquired by barry silbert and that these two parties may have conflicting interests. However, to me, he came off as desperate. I say desperate, as compared to other notable figures in the bitcoin space, most still talk about how everything is great, things will work out, bitcoin will be scale, and the block size will increase. Hill didn't come off that way. I don't want to be dark, but I laughed when I finished the article.

However, with confirmation bias and the like, I wanted to see what others thought as I assume this is just my interpretation and not universally shared.

Well one thing is sharing an opinion about the significance of an article, but another thing is asking for thoughts.  Maybe i am just a bit irked stylistically when posters put a link and don't say anything.

In order to get the opinions of others, you do not necessarily need to provide your own opinion, but give a quick objective description of the link that you are posting. 

Anyhow, maybe i was a bit too harsh in my suggestion that you may not have any thoughts... but I do stand by my irkness regarding when a variety of posters put up links without any description whatsoever.

[JayJuanGee]

http://www.coindesk.com/blockstream-ceo-bitcoin-industry-creating-toxic-environment-for-developers/

Thoughts?

Yeah... your post is saying, I don't know how to read or think or to provide any information.... therefore, I would like you guys to read it for me and to tell me what you think.  


Don't you have any thoughts? or are you just trying to get others to do all of the work for you?

stop being an asswipe

The only one who is being an asswipe is the one who just brought up the subject of asswipe... helrow???...


I see you are back to white knighting when other posters are perfectly capable of defending themselves, to the extent that they believe it is necessary to do so, or not.

[JayJuanGee]

Ouch. 373? Yup, 373 ... nope, 372

Only down 8%. Hmm.

I don't understand why it's so obvious, and you seem to be strongly suggesting more down? 

[BlindMayorBitcorn]

Ouch. 373? Yup, 373 ... nope, 372

Only down 8%. Hmm.

I don't understand why it's so obvious, and you seem to be strongly suggesting more down? 

Just shakin' out the weak hands, JJG. No reason to be alarmed.

[JayJuanGee]

http://www.coindesk.com/blockstream-ceo-bitcoin-industry-creating-toxic-environment-for-developers/

Thoughts?

Yeah... your post is saying, I don't know how to read or think or to provide any information.... therefore, I would like you guys to read it for me and to tell me what you think.  


Don't you have any thoughts? or are you just trying to get others to do all of the work for you?

Oh, I've got lots of thoughts! I just didn't want to sway anyone's unbiased opinion's with my firm support of a 2mb increase asap.
I think Hill has grave concerns that bitcoin is not doing what he wants it to. I think he has a lot of eggs in one basket and it seems like he believed he had spent enough money to ensure that his vision of bitcoin would be achieved. It seems as if he is now realizing that he 'made a huge mistake' think arrested development phrase.

I recognize that the article was published by coindesk which was recently acquired by barry silbert and that these two parties may have conflicting interests. However, to me, he came off as desperate. I say desperate, as compared to other notable figures in the bitcoin space, most still talk about how everything is great, things will work out, bitcoin will be scale, and the block size will increase. Hill didn't come off that way. I don't want to be dark, but I laughed when I finished the article.

However, with confirmation bias and the like, I wanted to see what others thought as I assume this is just my interpretation and not universally shared.

Don't worry, JayJuanGee doesn't know how to be polite ^^

Polite is all relative...

You ever heard of making a point.. and the poster has discretion concerning how or if to make that point, no?

[mixan]

Ouch. 373? Yup, 373 ... nope, 372

Only down 8%. Hmm.

That is quite abit when you are holding on to the ones you have for so long. Time to sell is now as the drop is ready to spiral into the coming week. Sell off is imminent.

[JayJuanGee]

Ouch. 373? Yup, 373 ... nope, 372

Only down 8%. Hmm.

I don't understand why it's so obvious, and you seem to be strongly suggesting more down? 

Just shakin' out the weak hands, JJG. No reason to be alarmed.

I'm not really alarmed, yet.... I have been buying on the way down, but if i knew that it was going down further, then I would just wait and buy all of it at the bottom....   In other words, since I keep buying, I keep thinking that maybe this is bottom...  (more or less I bought a bit at $406, $401, $392, $384 and now the latest $375)... I would have felt better to just buy all of what I bought at $375...

Anyhow, I have never made any real claim to knowing short-term price directions.

[mixan]

I also think that buying at $375 is a fair price as it in medium range of what it has been for the past year, that is when I started my venture into bitcoin. I am glad I wasn't here when it was at $1200 and just starting out. I would be really upset if I had to sell now at 4x the loss.

[mymenace]

the battle of the blockchains

http://coinjournal.net/prediction-10-billion-will-be-invested-in-blockchain-startups-in-2016/

“It’s already started. I mean, my estimate is that we’re going to see $1 billion come into the Ethereum ecosystem in 2016 alone, and the general estimates for the amount of money going into the entire blockchain ecosystem, including Bitcoin, is on the order of $10 billion.”  - Vinay Gupta (original CypherPunk member)

from what i understand huge consortium of financial institutions invested in R3 (Mike Hearn) using the ethereum programming

http://www.ibtimes.co.uk/r3-connects-11-banks-distributed-ledger-using-ethereum-microsoft-azure-1539044


other financial institutions using the legacy open source linux hyperledger

ASX is testing this at the moment

bit hard to ignore other blockchains

[sAt0sHiFanClub]

poor Austin...

“I know a number of Blockstream people are frustrated by people who aren’t discussing things with them, talking to other media outlets

 

have you asked theymos what might be the problem?  Just sayin, like.

Hory Sheet.That drop. 

[ChartBuddy]

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[criptix]

poor Austin...

“I know a number of Blockstream people are frustrated by people who aren’t discussing things with them, talking to other media outlets

 

have you asked theymos what might be the problem?  Just sayin, like.

Hory Sheet.That drop. 

inc b4 double_bottom.gif

[JayJuanGee]

I also think that buying at $375 is a fair price as it in medium range of what it has been for the past year, that is when I started my venture into bitcoin. I am glad I wasn't here when it was at $1200 and just starting out. I would be really upset if I had to sell now at 4x the loss.

Almost any scenario describing someone who began buying at $1,200 is highly unlikely to continue to have that person with an average cost per BTC at $1,200, unless he completely detached and stored away the bitcoins.  Accordingly, when people paint pictures of the $1,200 average cost per BTC, they are describing a rare creature, and possibly even a unicorn... hahahahahaha

[ChartBuddy]

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[Fatman3001]

I also think that buying at $375 is a fair price as it in medium range of what it has been for the past year, that is when I started my venture into bitcoin. I am glad I wasn't here when it was at $1200 and just starting out. I would be really upset if I had to sell now at 4x the loss.

Almost any scenario describing someone who began buying at $1,200 is highly unlikely to continue to have that person with an average cost per BTC at $1,200, unless he completely detached and stored away the bitcoins.  Accordingly, when people paint pictures of the $1,200 average cost per BTC, they are describing a rare creature, and possibly even a unicorn... hahahahahaha

@mixan context: JJG bought at $1200. Might explain his lack of internal monologue.

[ChartBuddy]

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