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

[sAt0sHiFanClub]

If fat ppl and ginger ppl were to face genocide in a country, don't think for one second that other countries wouldn't get involved. That's not how the world works. People would say it's not fair. Before you knew it, the other countries would kill off their own fat ppl and ginger ppl so that they wouldn't have to keep them around either.

But it would be by consensus - thats the important issue....

 

[empowering]

If fat ppl and ginger ppl were to face genocide in a country, don't think for one second that other countries wouldn't get involved. That's not how the world works. People would say it's not fair. Before you knew it, the other countries would kill off their own fat ppl and ginger ppl so that they wouldn't have to keep them around either.

But it would be by consensus - thats the important issue....

 

It ^^ is never going to happen.

That is the important issue.

Let us not let reality get in the way of a good idea though.

[empowering]

If fat ppl and ginger ppl were to face genocide in a country, don't think for one second that other countries wouldn't get involved. That's not how the world works. People would say it's not fair. Before you knew it, the other countries would kill off their own fat ppl and ginger ppl so that they wouldn't have to keep them around either and to make it fair.

To be fair all we would have to do to take care of the gingers is ban sun tan lotion.

[sAt0sHiFanClub]

Wow straight from the troll talking points rebuttal book "Troll being anyone who has a different view to you?"

Fine, you're not a troll, you're just an asshole.

You obviously know 21 million is as concrete as anything in Bitcoin, the fact that the code can change it with consensus is at most a red herring by you. Otherwise you have already proven you have at best a sketchy understanding of how the Bitcoin community works.

Name calling now eh?  You are only becoming angry because you believe in the triumph of unbounded hope over reality.
I'm just your 'memento mori', reminding you that bitcoin may not make you the millionaire you hope to be.

Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.

[Fatman3001]

Thread retarded again, shit's gonna happen..

[empowering]

Wow straight from the troll talking points rebuttal book "Troll being anyone who has a different view to you?"

Fine, you're not a troll, you're just an asshole.

You obviously know 21 million is as concrete as anything in Bitcoin, the fact that the code can change it with consensus is at most a red herring by you. Otherwise you have already proven you have at best a sketchy understanding of how the Bitcoin community works.

Name calling now eh?  You are only becoming angry because you believe in the triumph of unbounded hope over reality.
I'm just your 'memento mori', reminding you that bitcoin may not make you the millionaire you hope to be.

Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.

You are a bore.

Quite simple really...  do it, if it is such a given, in reality do it, do it now, make it so... prove what you say.

Prove you can make this change and Bitcoin still be Bitcoin, prove it is possible.

Otherwise you are in strawman territory arguing semantics.

We do not need to prove what already is because it already is

If you want to prove what is not so, then it is down to you to prove it.

The beauty of this is, is that all of the tools you need, are available to you right this second.

Make it so.

Prove you could make this change, and that Bitcoin, will still be Bitcoin, because as has been pointed out to you... it will not be, it will be something other than Bitcoin.

Really, please, do it

or.....

You are wrong.



 

[xyzzy099]

Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.

I think it's predicated mostly on the belief that the majority of people (miners in this case) will act rationally.  I would say that most miners consider the 21M coin cap to be a defining characteristic of Bitcoin, and probably the most important characteristic that gives the coin value.  If you accept that premise, then it is logical to assume that miners will not act irrationally by destroying the value that is their whole incentive for mining in the first place.

[Plazma]

Trolls hiding in the caves until the price drops 5$

[plasticAiredale]

Wow straight from the troll talking points rebuttal book "Troll being anyone who has a different view to you?"

Fine, you're not a troll, you're just an asshole.

You obviously know 21 million is as concrete as anything in Bitcoin, the fact that the code can change it with consensus is at most a red herring by you. Otherwise you have already proven you have at best a sketchy understanding of how the Bitcoin community works.

Name calling now eh?  You are only becoming angry because you believe in the triumph of unbounded hope over reality.
I'm just your 'memento mori', reminding you that bitcoin may not make you the millionaire you hope to be.

Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.

I'm not angry (well not with you at least). I don't need Bitcoin to make me a millionaire, and I sure as hell don't need you to talk me down from some unbounded hope.

Reality is Bitcoin is always going to have a 21m cap. If that changes it won't effect the price negatively, otherwise it won't happen. Future value already accounts for the slim possibility of a cap increase, its priced in, and no one believes it will happen.

Time for lunch, welcome to ignore, sorry if I hurt your feelings calling you a name.

[criptix]

Thread retarded again, shit's gonna happen..

smelling incoming pump  

btw. tbh thinking deeper about it, satoshifanclub is kinda right and i took it a step further:

what would happen if tommorow an asteroid hits the earth and kills nearly everything on earth?

no bitcoins, no millionairs and we wouldnt even need community consensus for that to happen....?  

[ImI]

breakout imminent

[ThatDGuy]

breakout imminent

Let's get this train rolling again

[aztecminer]

Thread retarded again, shit's gonna happen..

that's right shiat is about to happen...cuz i am about to pull the trigger biatches.. on this waiting six more weeks on bitcoin is total gay .

[calme]

Are you biatchez super excited now that a miner is about to pull the trigger?

[macsga]

Are you guys super excited now that a miner is about to pull the trigger?

I'm a miner too. I make 0.014 per day. I'm gonna crash the price.
3-2-1...

[tarmi]

breakout imminent

again? 

[Miz4r]

Are you biatchez super excited now that a miner is about to pull the trigger?

Yeah it's very scary to see a miner about to dump their 0.5 BTC they mined the past month with their 2TH mining rig lol.

[Fatman3001]

Thread retarded again, shit's gonna happen..

smelling incoming pump  

btw. tbh thinking deeper about it, satoshifanclub is kinda right and i took it a step further:

what would happen if tommorow an asteroid hits the earth and kills nearly everything on earth?

no bitcoins, no millionairs and we wouldnt even need community consensus for that to happen....?  

He is right in that it is technically possible, but he underestimates the obstacles to this happening. However, I can imagine a time in the future where the ruling consensus is that Bitcoin needs to start the printing press again because it has grown too big for its 21 million and many decimal points.  But by then Bitcoin has taken off big time and we'll all be dead or millionaires/billionaires.

[Roccker]

What is happening
Did i miss some good news?

A few weeks ago it was like 'it will go down to 120!'

[ChartBuddy]

Coin
Explanation