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Question: When will we see a new ATH?
October - 20 (26%)
November - 13 (16.9%)
December - 24 (31.2%)
2022 - 12 (15.6%)
After 2022 - 8 (10.4%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25444737 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. (157 posts by 13+ users deleted.)
Paashaas
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January 31, 2018, 04:38:44 AM

Dang. Now I bet we get some FUDs

Bloomberg has updated their article to include that the subpoena was sent December 6th, this old news = FUD made panic sellers  Undecided



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Enjel
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January 31, 2018, 04:41:56 AM
Merited by conspirosphere.tk (1)

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
Genesis1337
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January 31, 2018, 04:42:18 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides trading profits?

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."  Tongue
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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January 31, 2018, 04:46:57 AM
Merited by conspirosphere.tk (1)

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?


You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.
Heater
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January 31, 2018, 04:59:08 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?
Your answer can be found in the BitConnect marketing manual.
TERA2
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January 31, 2018, 04:59:12 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?


You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.
If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)
Ibian
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January 31, 2018, 05:08:10 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?
Why would you even want to do that? Or anyone for that matter.

Realistic scenarios are the only ones worth considering.
Ibian
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January 31, 2018, 05:09:33 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.
Ibian
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January 31, 2018, 05:13:03 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?


You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.
If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)
Which are noble goals. Where is your objection?
thisisntbic
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January 31, 2018, 05:13:52 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?


You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.
If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)

Which of those payment methods are you in control of all your own money?
Gpay, VISA, Venmo: all built on top of the banking infrastructure, who hold your money and issue you IOUs. Replace banks with bitcoin, which is in your control.
Enjel
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January 31, 2018, 05:16:01 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.
In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.
CinemaAI
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January 31, 2018, 05:17:56 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.
In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.

Um, how about a little more discussion about price movement??
Ibian
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January 31, 2018, 05:19:25 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.
In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.
Agreeable people don't tend to think critically. They are feelers, not logicians.
Rosewater Foundation
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January 31, 2018, 05:37:07 AM
Merited by somac. (1)

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.
In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.

Um, how about a little more discussion about price movement??

Only down $10k. Just a flesh wound. $50k right around the corner...
Ibian
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January 31, 2018, 05:45:32 AM
Merited by explorer (1)

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person that they should use bitcoin without talking about its price or making profit by trading it.

The people you've described tend to be very very stupid, or at least simple-minded. Sheep in general. They believe that government and establishment will help them out, if they only vote for the right politicians.

They think that the best way to make money is to put it in a bank and lose 3% purchasing power each year, despite interest, or to invest in some conservative mutual funds which won't make them any real profit until they die - at least they can pass it to their children... after a hefty tax.

Or maybe they just love being slaves.

EDIT with regards to your quote - if these people are fiat-loving, then you'd have to change that first. For them, Bitcoin offers no benefits because they love the government and idolize the leaders of their political philosophy in government.
Of course, these same leaders will dump them in an economic crash and tax them into oblivion.
I think the proper technical term is agreeable. It's not something you choose. Just like we didn't choose to be disagreeable.
In my experience, most of these "agreeable" people become very aggressive, and call Bitcoin a "scam" etc.

The most common concern I hear is that "Bitcoin is not controlled by anyone, therefore it's too risky". I'm not kidding.

Um, how about a little more discussion about price movement??

Only down $10k. Just a flesh wound. $50k right around the corner...
Yeah we are bored. Years of the same shit over and over, nothing to talk about.

At least so far as price. What would be a useful discussion is how to live when you can choose instead of have it dictated for you. I can't be the only one having an interesting time transitioning.
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1/21000000 , the only math you need to know


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January 31, 2018, 05:46:48 AM

gembitz
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*Brute force will solve any Bitcoin problem*


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January 31, 2018, 05:53:24 AM





 Cool

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January 31, 2018, 06:29:03 AM



 Cool
gembitz is posting again - does that mean we are about to back in a bull period?
TERA2
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January 31, 2018, 06:48:07 AM

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?


You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.
If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)

Which of those payment methods are you in control of all your own money?
Gpay, VISA, Venmo: all built on top of the banking infrastructure, who hold your money and issue you IOUs. Replace banks with bitcoin, which is in your control.
What percentage of people ever have issues with control of their bank account? (mostly criminals)
What percentage of bitcoiners get their wallets hacked or coins lost?
What percentage of bitcoiners will get their wallets hacked or coins lost when they are average people?
Does the average person even have anything to lose? It's mostly just in and out paycheck to paycheck
Enjel
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January 31, 2018, 07:04:51 AM
Merited by explorer (1)

Pop quiz: Convince an average low/middle class fiat-loving law-abiding person who doesnt believe in a failing or fraudlent banking system that they should use bitcoin, without talking about its price or making profit by trading it. Present what benefits they will reap by using bitcoin as opposed to banks, VISA, google pay, venmo, etc. Anything besides capital gain?


You are presenting false parameters in your shilling argument, tera beara... bitcoin is not merely meant to serve as a payment system, even though it may well accomplish such common use in that direction in the future, perhaps, but not necessarily in order to still have value and utility.

Yeah, if you create your own strawman, then you can more easily make some dumb -ass pie in the sky argument, that is not connected with reality.
If you are saying there are false parameters, you must be admitting bitcoin is only for overthrowing the fed, committing crimes, and/or making a profit... (or overthrowing the fed so you dont have to taxes on the profits)

Which of those payment methods are you in control of all your own money?
Gpay, VISA, Venmo: all built on top of the banking infrastructure, who hold your money and issue you IOUs. Replace banks with bitcoin, which is in your control.
What percentage of people ever have issues with control of their bank account? (mostly criminals)
What percentage of bitcoiners get their wallets hacked or coins lost?
What percentage of bitcoiners will get their wallets hacked or coins lost when they are average people?
Does the average person even have anything to lose? It's mostly just in and out paycheck to paycheck

(1) Your bank is fractionally reserved, and they make a killing by lending off your money while giving you negative return (due to inflation, another big problem with fiat and the Fed). Do you think that a central authority printing whatever they want to is a good thing? In 30 years, a millionaire salary will be the poverty wage as a result of this.

(2) Probably very few who are careful... funny how this credit company was hacked, and hundreds of millions of people had their info stolen by middle-east hackers recently. The executives sold all their shares a month in advance of course.

(3) Better be careful then.

(4) Do any of us have anything to lose? But I agree - they should take action if they are not satisfied financially.
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