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

[NotLambchop]

Quiz:
Name the most convoluted and drawn-out way of buying a pair of socks ever.  Bonus points for shadiness and potential criminality.

[SPOILER!]

me - 'Hey, I fancy some alpaca socks. Let me get some coins from a guy via localbitcoins.'

[/spoiler]

[1714679254]

1714679254

[1714679254]

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[1714679254]

1714679254

[silverfuture]

Professors stake out territory for bitcoin

If all goes according to plan, the course will launch nine hot start-ups, ready to take advantage of venture capital enthusiasm for the much-hyped virtual currency — and all without any cross words or legal fights.

Think of it as a “semester-long business hackathon”, Prof Harvey says, “and think of me as the VC professor. The lone requirement of the course is to propose a venture that is related somehow to the bitcoin blockchain.”

http://www.ft.com/cms/s/2/84bd9f02-9b54-11e4-950f-00144feabdc0.html

Chug Chug down the track on the way to the launchpad it goes and all some can think about is short term price movement.

Apple pay kill bitcoin? LOL!

[Fatman3001]

The exact words that came to mind when i saw the TV ad for applepay were "ooohhhh fuck this'll kill bitcoin for sure" ... sorry folks but people in the billions will flock to that type of service as will all of the merchants ... it's just easier to use a phone based prepaid account using the phone you already have and the currency you already have than to bother fucking with all the ridiculous by comparison hassles of buying/storing/spending bitcoin ...

I'm sorry if it's complicated for you. Just to add another layer of complication: not everyone owns an Iphone. And its competitor PayPal is offering the option of filling up with Bitcoin.

[gentlemand]

The exact words that came to mind when i saw the TV ad for applepay were "ooohhhh fuck this'll kill bitcoin for sure" ... sorry folks but people in the billions will flock to that type of service as will all of the merchants ... it's just easier to use a phone based prepaid account using the phone you already have and the currency you already have than to bother fucking with all the ridiculous by comparison hassles of buying/storing/spending bitcoin ...

I'm sorry if it's complicated for you. Just to add another layer of complication: not everyone owns an Iphone. And its competitor PayPal is offering the option of filling up with Bitcoin.

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

[Fatman3001]

The exact words that came to mind when i saw the TV ad for applepay were "ooohhhh fuck this'll kill bitcoin for sure" ... sorry folks but people in the billions will flock to that type of service as will all of the merchants ... it's just easier to use a phone based prepaid account using the phone you already have and the currency you already have than to bother fucking with all the ridiculous by comparison hassles of buying/storing/spending bitcoin ...

I'm sorry if it's complicated for you. Just to add another layer of complication: not everyone owns an Iphone. And its competitor PayPal is offering the option of filling up with Bitcoin.

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

Except if they eventually let you fill up with Bitcoin. Then it is the greatest thing ever.

[GreekGeek]

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

+1

[gentlemand]

The exact words that came to mind when i saw the TV ad for applepay were "ooohhhh fuck this'll kill bitcoin for sure" ... sorry folks but people in the billions will flock to that type of service as will all of the merchants ... it's just easier to use a phone based prepaid account using the phone you already have and the currency you already have than to bother fucking with all the ridiculous by comparison hassles of buying/storing/spending bitcoin ...

I'm sorry if it's complicated for you. Just to add another layer of complication: not everyone owns an Iphone. And its competitor PayPal is offering the option of filling up with Bitcoin.

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

Except if they eventually let you fill up with Bitcoin. Then it is the greatest thing ever.

If that transpires I will still regard Apple fans as silly sausages, but I'll be pleased anyway.

[Fatman3001]

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

+1

Well, that is their main competitors search engine.

I get the feeling that people without an Iphone are more hung up on its role as a status symbol than those who own one.

[YourMother]

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

+1

Edit: No, i´m not spanish...

[Fatman3001]

The exact words that came to mind when i saw the TV ad for applepay were "ooohhhh fuck this'll kill bitcoin for sure" ... sorry folks but people in the billions will flock to that type of service as will all of the merchants ... it's just easier to use a phone based prepaid account using the phone you already have and the currency you already have than to bother fucking with all the ridiculous by comparison hassles of buying/storing/spending bitcoin ...

I'm sorry if it's complicated for you. Just to add another layer of complication: not everyone owns an Iphone. And its competitor PayPal is offering the option of filling up with Bitcoin.

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

Except if they eventually let you fill up with Bitcoin. Then it is the greatest thing ever.

If that transpires I will still regard Apple fans as silly sausages, but I'll be pleased anyway.

Would you seriously recommend anything else for your sister, cousin, parents, grandparents?

[jeffhuys]

The overwhelming majority of the world can't afford Apple or thinks those who advocate their products are nincompoops. It's a bit of fraying tinsel on a system that is not engaging with the world at large.

+1

When will the endless barrage of crap stop? People are capable of making their own decisions.

By the way:

[marcus_of_augustus]

lowbrow...idiots...lazy and stupid...

A regular libertarian charmer, this one. 

truth surrounding money is often far from charming ... usually quite ugly.

[gentlemand]

I get the feeling that people without an Iphone are more hung up on its role as a status symbol than those who own one.

I think it's more down to the bizarro smugness of their owners than their desirability. There are plenty of other phones that cost just as much.

[gentlemand]

Would you seriously recommend anything else for your sister, cousin, parents, grandparents?

You bet. Anything cheap that works. There's a big old choice.

[jeffhuys]

I get the feeling that people without an Iphone are more hung up on its role as a status symbol than those who own one.

I think it's more down to the bizarro smugness of their owners than their desirability. There are plenty of other phones that cost just as much.

Have you ever met someone (and I don't mean online) who owns an iPhone?
All I ever hear is people calling iPhone owners smug, but in my opinion it's the Android owners that are smug! 

[gentlemand]

I get the feeling that people without an Iphone are more hung up on its role as a status symbol than those who own one.

I think it's more down to the bizarro smugness of their owners than their desirability. There are plenty of other phones that cost just as much.

Have you ever met someone (and I don't mean online) who owns an iPhone?
All I ever hear is people calling iPhone owners smug, but in my opinion it's the Android owners that are smug! 

Yes. They were pleased with their choices and I applaud it. I didn't applaud spending ten minutes listening to them trying to convert me. I'm a neither person at the moment.

[Fatman3001]

Would you seriously recommend anything else for your sister, cousin, parents, grandparents?

You bet. Anything cheap that works. There's a big old choice.

.... Except it doesn't work. I can make it work, you can make it work. But the people who asks us... they need an Iphone.

[ChartBuddy]

Coin
Explanation

[tabnloz]

Tonight I have met a Danish guy who explained me in Denmark everybody uses MobilePay which is basically like Bitcoin but easier to use. We are doomed.

Denmark has been busy cutting interest rates to devalue the kroner (to keep with the peg to Euro). While they can print as much local currency as they wish, their economy & balance sheet cannot handle the expansions in the same way the EU or US can. Good chance they will have to depeg like the Swiss have done. So, in that sense bitcoin isn't doomed in Denmark, however as a convenient option, local, small app based banking products are winning the race.

[jeffhuys]

I get the feeling that people without an Iphone are more hung up on its role as a status symbol than those who own one.

I think it's more down to the bizarro smugness of their owners than their desirability. There are plenty of other phones that cost just as much.

Have you ever met someone (and I don't mean online) who owns an iPhone?
All I ever hear is people calling iPhone owners smug, but in my opinion it's the Android owners that are smug! 

Yes. They were pleased with their choices and I applaud it. I didn't applaud spending ten minutes listening to them trying to convert me. I'm a neither person at the moment.

Same thing with Android fans (over here, anyways). Everytime my phone is a bit slow, or acting weird when I'm showing it to someone, they're like "LOL Apple.". I mean, sure sometimes it's a bit slow, but this phone is a very old one now and I've seen more Androids lag than iPhones.
Besides, if I see an Android lag, I don't try to make fun of the operating system or whatever. What's the point? If you want to buy a smartphone at the cheapest price possible, go ahead. If you want an expensive one but still an Android, go ahead. If you want an iPhone, go ahead. Nobody's stopping you.

You shouldn't get shit just for having a certain kind of phone.



Back on topic: we're at 233USD right now. Will a correction follow or is 233 the new 238?