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

[BlindedByStick]

I don't understand all this rivalry between Bitcoin and Ethereum. They serve different purposes.

It's like arguing which is better, pie or ice cream. Some people like both.

Now if you want to compare Bitcoin and Ethereum to fiat currencies, that's a different matter.

That's like comparing pie and ice cream with a steaming pile of shit.

And yet you're euphoric that your beetcoins are worth almost as many piles of shit today as they were yesterday

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[molecular]

I don't understand all this rivalry between Bitcoin and Ethereum. They serve different purposes.

There is an overlap of purpose, though: "be the one sound money". Might not be proclaimed (esp. by eth), but this purpose exists at least for some players.

[becoin]

Please consider reading before typing. It's not that hard

...convince your landlord to take ETH...
Are you idiot or what? Are you reading your own 'answers'?

[BlindedByStick]

I don't understand all this rivalry between Bitcoin and Ethereum. They serve different purposes.

There is an overlap of purpose, though: "be the one sound money". Might not be proclaimed (esp. by eth), but this purpose exists at least for some players.

Also draws on basically the same pool of investors.
Also why bitcoiners get so upset when BTC is compared to Beanies: Beanies cheapen artificially limited supply, Bitcoin's only positive distinguishing feature vis-a-vis ETH

Please consider reading before typing. It's not that hard

...convince your landlord to take ETH...
Are you idiot or what? Are you reading your own 'answers'?

Where do you see a problem? Grover (Elmo? whatever his name is) convinced his landlord to take BTC

[becoin]

Please consider reading before typing. It's not that hard

...convince your landlord to take ETH...
Are you idiot or what? Are you reading your own 'answers'?

Where do you see a problem? Grover (Elmo? whatever his name is) convinced his landlord to take BTC

You can't do that even with a gun in your hand. That's the problem!

BTC is money. That's why more and more landlords will take it. ETH is fuel for a vehicle that has no passengers. Only cheerleaders promoting it.

[BlindedByStick]

Please consider reading before typing. It's not that hard

...convince your landlord to take ETH...
Are you idiot or what? Are you reading your own 'answers'?

Where do you see a problem? Grover (Elmo? whatever his name is) convinced his landlord to take BTC

You can't do that even with a gun in your hand. That's the problem!

BTC is money. That's why more and more landlords will take it. ETH is fuel for a vehicle that has no passengers. Only cheerleaders promoting it.

Other than Elmer's landlord (purportedly) accepting BTC, I know of exactly no landlords that do.
That said, Etherium is less than 2 years old. Tell me how many landlords were accepting BTC back in 2011.

>ETH is fuel for a vehicle
No. ETH simply has features which BTC does not. Think of BTC as a Model T, and ETH as a 911 with AC. Having air conditioning might be a pussy move for a 911, but having AC makes it no less of a car, and it'll still blow your Model T into the weeds with the AC blasting. Get it?

[dumbfbrankings]

I don't understand all this rivalry between Bitcoin and Ethereum. They serve different purposes.

It's like arguing which is better, pie or ice cream. Some people like both.

Now if you want to compare Bitcoin and Ethereum to fiat currencies, that's a different matter.

That's like comparing pie and ice cream with a steaming pile of shit.

I don't understand all this rivalry between Burger King and Maccy D's. Some people like both.

Now if you want to compare Burger King and Maccy D's to KFCees, that's a different matter.

Cheeseburgers rulez!

[glorywhole]

Chinese Cheeseburgers rulez!

Cheeseburgers? plz no, bulls! that's how you get Mad Cow disease.
Fine for bears tho.

[dumbfbrankings]

Chinese Cheeseburgers rulez!

Cheeseburgers? plz no, bulls! that's how you get Mad Cow disease.

This is actually good for Bitcoin, how else do you think we get people to buy our tokens for 500+ dollars a pop?

[r0ach]

Ding dong, the witch is dead!

Ethereum pumper only has 2000 BTC left to support before his pump collapses and Ethereum drops back down to 0.016 or worse.

Your daily, why Ethereum is a useless scamcoin post here:

The Ethereum Paradox

https://bitcointalk.org/index.php?topic=1361602.0

Why proof of stake has no value:

Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary.  So why are two confirmations more useful in Bitcoin (PoW) than one?  Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.

Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails.  The act of introducing interest compounds this problem even more.  This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.

On top of being worthless, proof of stake is also a permissioned ledger.  The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.

[glorywhole]

Chinese Cheeseburgers rulez!

Cheeseburgers? plz no, bulls! that's how you get Mad Cow disease.

This is actually good for Bitcoin, how else do you think we get people to buy our tokens for 500+ dollars a pop?

By infesting them with a creepy, misfolded protein molecule that turns their brains into runny Swiss cheese? I knew it!

@r0ach: Roaches are good at many things, like being disgusting and scurrying. FUDing, tho, ain't one of them

[Spaceman_Spiff]

Chooing ahead slowly but surely

What's it like, having to lie all the time? (original below)

If you look at the inclination of the people, it is clear that the train is heading upwards, but less so than in the first post.  Quite a good analogy for bitcoin I would say, heading up, but slower than the fans expect/ would like.

[glorywhole]

Chooing ahead slowly but surely

https://s-media-cache-ak0.pinimg.com/736x/6c/50/57/6c5057f6528eadf1f37f40728e3b60ae.jpg

What's it like, having to lie all the time? (original below)

http://s33.postimg.org/9nfm2zca7/Capture.jpg

If you look at the inclination of the people, it is clear that the train is heading upwards, but less so than in the first post.  Quite a good analogy for bitcoin I would say, heading up, but slower than the fans expect/ would like.

Yeah, the load just shifted, pushing those bitcoiners. The train is careening down, bitcoiners careening even faster. And will continue to do so until come in contact with the tracks, directly in front of the choo. Which will, in accordance with numerous laws of Newtonian physics, decelerate the hapless bitcoiners under the murderous wheels of the cooch.

Couldn't have scripted it better myself

[600watt]

pls, everyone, do not quote trolls.

[r0ach]

pls, everyone, do not quote trolls.

[StraightAArdvark]

pls, everyone, do not quote trolls.

So Spaceman_Spiff is a troll now?

[USB-S]

pls, everyone, do not quote trolls.

Cheeseburgers? plz no, bulls! that's how you get Mad Cow disease.
Fine for bears tho.

Bears only eat honey.

[Spaceman_Spiff]

pls, everyone, do not quote trolls.

Apologies

[600watt]

pls, everyone, do not quote trolls.

[USB-S]

pls, everyone, do not quote trolls.

Cheeseburgers? plz no, bulls! that's how you get Mad Cow disease.
Fine for bears tho.

Bears only eat honey.

"Most bear species are omnivores, but individual diets can range from almost exclusively herbivorous to almost exclusively carnivorous, snacking on FF cheeseburgers & nutritious (albeit smelly and often foul-tasting, due to being generally revolting) beetcoin bulls." --Omnivore - Wikipedia, the free encyclopedia