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

[inca]

looks like we are going back down to $240s?

We appear to still be in the 250's with a 1000 coin wall to be sold through..

[Wandererfromthenorth]

Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).

What new technologies are starting to appear?

Distributed ledgers/databases/networks that rely less and less on cryptocurrencies.

Eris industries claims to be able to use blockchains for smart contracts without a cryptotoken at all.
The ripple network doesn't rely on a cryptotoken as much as the bitcoin blockchain, the token is there but is not necessary to use it and the network is not dependent on its price.
Ethereum almost the same (Vitalik as the same views on the cryptotoken themselves)

IBM is talking about building its "adept" thing.

etc.



Simply put, today cryptotokens "are there" because that was the only security mechanism for a blockchain/consensus ledger to work that we know of. Cryptocurrencies are not really needed for themselves and they have a lot of problems that make them almost unusable as actual currencies (aside for illicit goods).

That's my view at least. I definitely don't buy into the whole story on how bitcoin is more "honest/sound money" than fiat, for an infinity of reasons.
That's just a fantasy/lie by people trying to push their investment/scheme at all cost.

Simply put, whoever thinks bitcoin will replace all fiat currencies is simply delusional.

[Norway]

Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).

What new technologies are starting to appear?

Check his posting history. It rhymes with nipple and you get a slapped botty if you like it too much around here. I gave up attempting to figure out how the fucking thing works and feel better for it.

Thanks for the heads up. I'll add him to my growing ingnore-list. I felt really bad the first time I ignored someone here because of my freedom of speach belief. But now, about 50% of comments are ignored. I think this ignore system actually works well, when money whith an agenda is at work. I know many people work as paid shills.

[inca]

Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).

What new technologies are starting to appear?

Distributed ledgers/databases/networks that rely less and less on cryptocurrencies.

Eris industries claims to be able to use blockchains for smart contracts without a cryptotoken at all.
The ripple network doesn't rely on a cryptotoken as much as the bitcoin blockchain, the token is there but is not necessary to use it and the network is not dependent on its price.
Ethereum almost the same (Vitalik as the same views on the cryptotoken themselves)

IBM is talking about building its "adept" thing.

etc.



Simply put, today cryptotokens "are there" because that was the only security mechanism for a blockchain/consensus ledger to work that we know of. Cryptocurrencies are not really needed for themselves and they have a lot of problems that make them almost unusable as actual currencies (aside for illicit goods).

That's my view at least. I definitely don't buy into the whole story on how bitcoin is more "honest/sound money" than fiat, for an infinity of reasons.
That's just a fantasy/lie by people trying to push their investment/scheme at all cost.

Simply put, whoever thinks bitcoin will replace all fiat currencies is simply delusional.

Your view is very flawed then. Not sure why you hang around on here if you cannot even see the clear benefits of bitcoin over conventional fiat currency.

[Norway]

@ Wandererfromthenorth
Bitcoin is the gas for the car. Putting you on ignore list right now...

[Wandererfromthenorth]

^"Money as the agenda"?


You didn't read my posts did you?
I think you missed the part where I said that I don't think cryptocurrencies themselves ("the money") are the main innovation of crypto. Whether it's bitcoin, ether, XRP, titcoin or whatever other scamcoin you can think of.

Go ahead, ignore anybody that doesn't tell you what you want to hear.

[ChartBuddy]

Coin
Explanation

[Spaceman_Spiff]

Distributed ledgers/databases/networks that rely less and less on cryptocurrencies.

Simply put, today cryptotokens "are there" because that was the only security mechanism for a blockchain/consensus ledger to work that we know of. Cryptocurrencies are not really needed for themselves and they have a lot of problems that make them almost unusable as actual currencies (aside for illicit goods).

If you don't use POW or POS for getting consensus, don't you automatically end up with a centralized system?  Honest question.

[LFC_Bitcoin]

@ Wandererfromthenorth
Bitcoin is the gas for the car. Putting you on ignore list right now...

Had him on ignore for months.

Ripple is dead so his purpose for being here is now over.

[hdbuck]

Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).

What new technologies are starting to appear?

Distributed ledgers/databases/networks that rely less and less on cryptocurrencies.

Eris industries claims to be able to use blockchains for smart contracts without a cryptotoken at all.
The ripple network doesn't rely on a cryptotoken as much as the bitcoin blockchain, the token is there but is not necessary to use it and the network is not dependent on its price.
Ethereum almost the same (Vitalik as the same views on the cryptotoken themselves)

IBM is talking about building its "adept" thing.

etc.



Simply put, today cryptotokens "are there" because that was the only security mechanism for a blockchain/consensus ledger to work that we know of. Cryptocurrencies are not really needed for themselves and they have a lot of problems that make them almost unusable as actual currencies (aside for illicit goods).

That's my view at least. I definitely don't buy into the whole story on how bitcoin is more "honest/sound money" than fiat, for an infinity of reasons.
That's just a fantasy/lie by people trying to push their investment/scheme at all cost.

Simply put, whoever thinks bitcoin will replace all fiat currencies is simply delusional.

Your view is very flawed then. Not sure why you hang around on here if you cannot even see the clear benefits of bitcoin over conventional fiat currency.

fiat has some features. bitcoin has other.

[Norway]

@ Wandererfromthenorth
Bitcoin is the gas for the car. Putting you on ignore list right now...

Had him on ignore for months.

Ripple is dead so his purpose for being here is now over.

RIP(pple) 

[LFC_Bitcoin]

@ Wandererfromthenorth
Bitcoin is the gas for the car. Putting you on ignore list right now...

Had him on ignore for months.

Ripple is dead so his purpose for being here is now over.

RIP(pple) 

 

[empowering]

^"Money is the agenda"?


You didn't read my posts did you?
I think you missed the part where I said that I don't think cryptocurrencies themselves ("the money") are the main innovation of crypto. Whether it's bitcoin, ether, XRP, titcoin or whatever other scamcoin you can think of.

Go ahead, ignore anybody that doesn't tell you what you want to hear.

It is most likely not the ""main"" innovation of blockchain technology, but it seems to me that there needs to be some incentive to facilitate and secure the network and the blockchain, either that or the network must run for "free" or be paid for by a company or group.  If there is an incentive, and its financial, it would seem there would have to be a token to represent the value and act as the unit of exchange and the incentive to continue facilitating and securing a global open distributed blockchain.

[ElectricMucus]

@ Wandererfromthenorth
Bitcoin is the gas for the car. Putting you on ignore list right now...

Had him on ignore for months.

Ripple is dead so his purpose for being here is now over.

Back when my interest here still went beyond laughing at people I used to get a kick out of it when somebody announced they'd ignore me that way. I meant they don't have any arguments left to come up with.

[Fatman3001]

This thread is pure genious. It's like troll-flypaper. It's meta-trolling.

[marcus_of_augustus]

it's always interesting to watch when the mob starts to catch up with a debate that was held already long ago by sharper and more enlightened intellects (not me) ... you can really see how stupid mobs get led by stupid (usually loud and unreasonable) people into the waste lands.

[NotHatinJustTrollin]

@ Wandererfromthenorth
Bitcoin is the gas for the car. Putting you on ignore list right now...

Had him on ignore for months.

Ripple is dead so his purpose for being here is now over.

Back when my interest here still went beyond laughing at people I used to get a kick out of it when somebody announced they'd ignore me that way. I meant they don't have any arguments left to come up with.

Yep.

That, or go on rambling about vague references to conversations that random d00ds apparently had "long ago" without citing any actual arguments at all, like this:

it's always interesting to watch when the mob starts to catch up with a debate that was held already long ago by sharper and more enlightened intellects (not me) ... you can really see how stupid mobs get led by stupid (usually loud and unreasonable) people into the waste lands.

[ssmc2]

It's going to hilarious once we really get some momentum and start seeing 15 and 20k bid walls again. I'm sure the bear trolls will still be in denial though. 

[inca]

It's going to hilarious once we really get some momentum and start seeing 15 and 20k bid walls again. I'm sure the bear trolls will still be in denial though. 

I think there will be crying. Then disappearance.

[BlindMayorBitcorn]

This thread is pure genious. It's like troll-flypaper. It's meta-trolling.

It's true. I don't know who's trolling who anymore