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

[Andre#]

Interesting, the last few pages have been regulars responding to trolls -- wonderful. Did we get that all out of our systems? I hope. i guess it boils down to some news is better than no news. Carry on, yo!

When trolls feel the urge to troll, it's usually a bullish sign. After having spent quite some time here, I now think that TA actually stands for Troll Analysis.

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[marcus_of_augustus]

Interesting, the last few pages have been regulars responding to trolls -- wonderful. Did we get that all out of our systems? I hope. i guess it boils down to some news is better than no news. Carry on, yo!

When trolls feel the urge to troll, it's usually a bullish sign. After having spent quite some time here, I now think that TA actually stands for Troll Analysis.

yes, trolls are nasty bottom feeders ... you can smell the crap on their breath ... trolling time is buying time.

[USB-S]

Interesting, the last few pages have been regulars responding to trolls -- wonderful. Did we get that all out of our systems? I hope. i guess it boils down to some news is better than no news. Carry on, yo!

When trolls feel the urge to troll, it's usually a bullish sign. After having spent quite some time here, I now think that TA actually stands for Troll Analysis.

yes, trolls are nasty bottom feeders ... you can smell the crap on their breath ... trolling time is buying time.

Trolls are just another link in the chain.

Use this if something isn't working correctly.


It's friday, I bet some fat fingered bull is going to drive the price up a bit, if not then we're going to have a blast going sideways.

[Elwar]

-Bitcoin inflation rate is 10% per annum. *Amazing*

And the adoption rate is higher than that 10% inflation rate as evidenced by the rising price.

In 3 months when that rate is 4% the adoption rate will easily surpass such a small inflation rate. Then 4 years later when it is only 2%...

[r0ach]

The good old days when we had central bankers:

[USB-S]

The good old days when we had central bankers:

Thank god we have bitcoin

[marcus_of_augustus]

poor kids ... happy to be the fiat bag holders.

Everybody can be a billionaire in Fiatlandia!

[Fatman3001]

The good old days when we had central bankers:

That's a picture from Somaliland, which is internationally recognized as an autonomus region of the stateless country called Somalia.

So it's more an example of life without a strong state. Not sure if that's what you were aiming for.

These newfangled fascists are kinda hard to read.

[USB-S]

Toilet paper isn't money.




Have central bankers gone too far?

[r0ach]

The good old days when we had central bankers:

That's a picture from Somaliland, which is internationally recognized as an autonomus region of the stateless country called Somalia.

So it's more an example of life without a strong state. Not sure if that's what you were aiming for.

These newfangled fascists are kinda hard to read.

Since it doesn't have a "strong state", I guess we can only assume the money printed itself.

[Fatman3001]

The good old days when we had central bankers:

That's a picture from Somaliland, which is internationally recognized as an autonomus region of the stateless country called Somalia.

So it's more an example of life without a strong state. Not sure if that's what you were aiming for.

These newfangled fascists are kinda hard to read.

Since it doesn't have a "strong state", I guess we can only assume the money printed itself.

Well, it's not printed by the Somali government, nor recognized by it. Formally it's on par with Bitcoin in that regard.

[r0ach]

The good old days when we had central bankers:

That's a picture from Somaliland, which is internationally recognized as an autonomus region of the stateless country called Somalia.

So it's more an example of life without a strong state. Not sure if that's what you were aiming for.

These newfangled fascists are kinda hard to read.

Since it doesn't have a "strong state", I guess we can only assume the money printed itself.

Well, it's not printed by the Somali government, nor recognized by it. Formally it's on par with Bitcoin in that regard.

So the Somalians don't have a government, but they have currency that printed itself, and the government that doesn't exist doesn't recognize it's currency.

[stereotype]

The good old days when we had central bankers:

https://youtu.be/ak1iojpiHpM?t=1436

[Fatman3001]

The good old days when we had central bankers:

That's a picture from Somaliland, which is internationally recognized as an autonomus region of the stateless country called Somalia.

So it's more an example of life without a strong state. Not sure if that's what you were aiming for.

These newfangled fascists are kinda hard to read.

Since it doesn't have a "strong state", I guess we can only assume the money printed itself.

Well, it's not printed by the Somali government, nor recognized by it. Formally it's on par with Bitcoin in that regard.

So the Somalians don't have a government, but they have money, and the government that doesn't exist doesn't recognize it's currency.

Not quite, but I'm sure you can figure it out with a few google searches. Suffice to say that your picture from a de facto anarchic state/stateless country might not be the best illustration of the perils of central banking.

[European Central Bank]

You've got patches of what's known as Somalia that do have government, but it seems the rest of the world ain't too keen on recognizing them.

I watched a documentary where a British guy went there and fancied himself a Somalian passport as a souvenir. He got taken to a store down an alley and a guy named Mr Big Beard made him a diplomatic one on the spot. It was probably more valid than most of them.

[TooDumbForBitcoin]

I have 400 DOGE that say Whored is ICEBREAKER, although why ICEBREAKER would be trolling BTC is a question ("intellectual" play?  Pump XMR?)

Whoever he is, Whored's attempt to take down BTC on the most maniacally pro-BTC thread in the forum is an exercise in whatever word substitutes for courage in a situation where the actor remains anonymous.  At least Stolfi identifies himself. 

[Mrpumperitis]

Hope you guys are keeping an eye on Plutus...
Anyone can spend BTC anywhere with NFC  
Merchants dont even know the customer is spending btc, they get the fiat they asked for, while cutomer gets to spend their btc.
https://medium.com/@PlutusIT/the-great-migration-to-the-blockchain-ecosystem-df1cd1ad788e#.op18awcfg

Joining the Plutus Team of seasoned Fintech entrepreneurs, Tobias will be our COO based in London.
Also joining the Plutus Team as a Systems Engineer is Gregory Betz, who graduated from The Ohio State University in 2012 with degrees both in Economics, and in Security and Intelligence.
Joining the Plutus Team as CPO (Chief Payments Officer) is Bertrand Dezard, former senior business manager at Braintree (Paypal) and VISA.

https://twitter.com/PlutusIT/status/716329484434087936
We believe this was the first payment at the #Apple store, with a #Bitcoin app. #fintech

http://sebfor.com/plutus-in-depth/

[Elwar]

[noobtrader]

I have 400 DOGE that say Whored is ICEBREAKER, although why ICEBREAKER would be trolling BTC is a question ("intellectual" play?  Pump XMR?)

Whoever he is, Whored's attempt to take down BTC on the most maniacally pro-BTC thread in the forum is an exercise in whatever word substitutes for courage in a situation where the actor remains anonymous.  At least Stolfi identifies himself. 

So,
"Whored" ----> "YourMother" ----> "ICEBREAKER" ----> the same ppl

Please tell me you've already capitulated. We need you to reopen shorts when it actually does roll over.

Unfortunately i'm stuck with an altcoin that keeps devaluing because of this bulltard run and i cannot enjoy profiting from this. Bitcoin doubled from the point where i bought, but my altcoin went down 50 percent. If i sell my altcoin so i can dump Bitcoin, then there's a big possibility of seeing 220$ per BTC in the future (of course, after the ponzi collapses), but my altcoin doubling in price (regaining its former value) in the meantime.

Can't do much

[Soul_eater_123]

I still don't understand why some people think the halving of block size will make the price of Bitcoin fall.  It seems to go contrary to common sense - not that common sense always comes into people's behaviour but if someone can explain it to me in simple terms I would be grateful.