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

[CuntChocula]

For anyone not having seen Lagarde from the IMF @ Davos 2016 yet, take a few minutes to listen. They sure are not laughing anymore, even when knowing how tiny little Bitcoin currently is. The cat is out of the bag and they know it:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=242

Lagarde raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

Founder of Liberty Reserve Pleads Guilty to Laundering More Than $250 Million through His Digital Currency Business

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[pork pie]

For anyone not having seen Lagarde from the IMF @ Davos 2016 yet, take a few minutes to listen. They sure are not laughing anymore, even when knowing how tiny little Bitcoin currently is. The cat is out of the bag and they know it:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=242

Lagarde raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

Ten years ago there were people that thought cash would no longer exist by now, and the same applies to twenty years ago. I don't think cash will disappear that quickly. We had credit and debit cards decades ago, but they haven't completely replaced cash yet. Bitcoin could become more widely used, but I don't think it will ever replace cash.

[bitebits]

Ten years ago there were people that thought cash would no longer exist by now, and the same applies to twenty years ago. I don't think cash will disappear that quickly. We had credit and debit cards decades ago, but they haven't completely replaced cash yet. Bitcoin could become more widely used, but I don't think it will ever replace cash.

That was not what I was saying, nor what the banksters in that room were thinking answering that question. It will just mean you can't walk to the ATM anymore and get some cash, or pay cash in the store: Because you know, terrorism, the children, drugs, negative interest, full government control, etc.

Bitcoin sure helps of course, because it is so transparent by design compared to traditional banking.

[ChartBuddy]

Coin



Explanation

[CuntChocula]

...
Bitcoin sure helps of course, because it is so transparent by design compared to traditional banking.

And that's why mixers don't work, and stolen BTC always gets returned to its rightful owners* *of course, this may involve the intervention of internet police & lengthy internet court litigation, but that ain't bitcoin's fault.

[Elwar]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

[billyjoeallen]

You've been Four Punch Raided, boys and girls.

[gentlemand]

Lagarde raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

There's rather a large gulf between what the back room economic egg heads want, and what your average personage on the street will put up with. Debase and inflate by all means, that's something that rarely crosses the average mind, but removing cash is going to make a few people think.

It seems to be well on its way in Scandinavia. I'm not so sure other parts of the world are so keen to succumb to total slavery.

[aztecminer]

You've been Four Punch Raided, boys and girls.

that wasn't that great of a raid.. i call do overs.

[ChartBuddy]

Coin



Explanation

[billyjoeallen]

You've been Four Punch Raided, boys and girls.

that wasn't that great of a raid.. i call do overs.

okey dokey. Next crash coming up.

[DaRude]

Were all 6 of the last blocks found by F2Pool 

[bitebits]

Lagarde (IMF) raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

There's rather a large gulf between what the back room economic egg heads want, and what your average personage on the street will put up with. Debase and inflate by all means, that's something that rarely crosses the average mind, but removing cash is going to make a few people think.

It seems to be well on its way in Scandinavia. I'm not so sure other parts of the world are so keen to succumb to total slavery.

Not sure if I agree. Just add a few benefits paying digital and people are easily seduced. Get discount by paying by 'electronic', no fees if paid electronic, simply no register in the bus/train, ATM withdrawal fees, etc. You get the picture. Cash will not be banned from the one day to the other, it will simply slowly disappear. Voluntarily.

[molecular]

Lagarde (IMF) raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

There's rather a large gulf between what the back room economic egg heads want, and what your average personage on the street will put up with. Debase and inflate by all means, that's something that rarely crosses the average mind, but removing cash is going to make a few people think.

It seems to be well on its way in Scandinavia. I'm not so sure other parts of the world are so keen to succumb to total slavery.

Not sure if I agree. Just add a few benefits paying digital and people are easily seduced. Get discount by paying by 'electronic', no fees if paid electronic, simply no register in the bus/train, ATM withdrawal fees, etc. You get the picture. Cash will not be banned from the one day to the other, it will simply slowly disappear. Voluntarily.

I agree. Add in some propaganda in the media. Associate cash with crime, poverty, germs, drugs. Very easy to do, very effective. The only thing that might make it hard is us, the people who are awake to (monetary) reality.

[Spaceman_Spiff]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability. 
They don't say this will break bitcoin, just that it can be a portal to install malware.

[hdbuck]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability. 
They don't say this will break bitcoin, just that it can be a portal to install malware.

lol, no. nonoononono.

[Spaceman_Spiff]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability. 
They don't say this will break bitcoin, just that it can be a portal to install malware.

lol, no. nonoononono.

Did I misread?  Please correct me then. 

[CuntChocula]

Lagarde (IMF) raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

There's rather a large gulf between what the back room economic egg heads want, and what your average personage on the street will put up with. Debase and inflate by all means, that's something that rarely crosses the average mind, but removing cash is going to make a few people think.

It seems to be well on its way in Scandinavia. I'm not so sure other parts of the world are so keen to succumb to total slavery.

Not sure if I agree. Just add a few benefits paying digital and people are easily seduced. Get discount by paying by 'electronic', no fees if paid electronic, simply no register in the bus/train, ATM withdrawal fees, etc. You get the picture. Cash will not be banned from the one day to the other, it will simply slowly disappear. Voluntarily.

CCs, PayPal, coupons for Granma, public transportation passes ...Good God, they already started!!

[gentlemand]

Not sure if I agree. Just add a few benefits paying digital and people are easily seduced. Get discount by paying by 'electronic', no fees if paid electronic, simply no register in the bus/train, ATM withdrawal fees, etc. You get the picture. Cash will not be banned from the one day to the other, it will simply slowly disappear. Voluntarily.

I reckon it varies hugely from country to country. Nordic populations are inclined to be weirdly trusting of their institutions so going cashless is likely to be very smooth. I don't think the same can be said for the US or plenty of other places.

And I don't think much scepticism will be down to mistrust of government, more down to convenience. There are countless millions of grannies who still refuse to shop online or use cards. In the UK they tried to phase out paying by cheque but had to give up when they realised how many people still used them.

I can see it being a natural process as older people die off. Dunno how effective forcing it will be.

[mb300sd]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability. 
They don't say this will break bitcoin, just that it can be a portal to install malware.

lol, no. nonoononono.

Did I misread?  Please correct me then. 

See comments. Not a real threat.

https://securelist.com/blog/research/69488/blockchain-technology-abuse-time-to-think-about-fixes/