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

[Torque]

Right fellas. I head to Greece this weekend for 2 weeks and will give some updates in a dedicated thread here in the spec forum if people want it..

If you're not lying, then if I were you I would cancel my trip immediately.  Expect complete public unrest and total chaos to breakout there in about 2 days.  Think Arab Spring, riot-in-the-streets type chaos.

You forgot dragons spitting fire and Freddy Krueger with his new saw, cutting off heads on the streets...

Looks to me like things are heating up on the streets in Athens... it always starts this way.

http://www.nbcnews.com/video/tension-rises-in-greece-475268675897

[ChartBuddy]

Coin
Explanation

[Elwar]

https://twitter.com/mashable/status/621119289622462464

We all need to work toward being able to drop our banks. Just chip away at those last few things that you're stuck using banks for until you can drop them completely.

I am a month away from not using my bank ever again. I will wait until the end of year just to be sure, then drop it.

Agree. When btc hits 1000$ again I will join you - leaving my job  

I'm not leaving my job, just the bank. With Bitwage I can get my paychecks in bitcoins through my direct deposit.

I considered leaving my job when the price was higher last year but I figured it would be good to keep my job as a fall back. Turns out that was a smart choice. I was able to stock up on more bitcoins when the price dropped.
But I still consider myself semi-retired. I started to travel at least once a month which is fine with a 3 day weekend here and there. And by "retired" I mean not doing what I am currently doing. I will always work but hopefully I can do something I enjoy as opposed to just making money.

[Mayer Amschel]

https://twitter.com/mashable/status/621119289622462464

We all need to work toward being able to drop our banks. Just chip away at those last few things that you're stuck using banks for until you can drop them completely.

I am a month away from not using my bank ever again. I will wait until the end of year just to be sure, then drop it.

Agree. When btc hits 1000$ again I will join you - leaving my job 

I'm not leaving my job, just the bank. With Bitwage I can get my paychecks in bitcoins through my direct deposit.

I considered leaving my job when the price was higher last year but I figured it would be good to keep my job as a fall back. Turns out that was a smart choice. I was able to stock up on more bitcoins when the price dropped.
But I still consider myself semi-retired. I started to travel at least once a month which is fine with a 3 day weekend here and there. And by "retired" I mean not doing what I am currently doing. I will always work but hopefully I can do something I enjoy as opposed to just making money.

Smart keeping your job, dont burn the bridge before crossing it.

[Richy_T]

Just popped in to say that I stand by what I said about intrinsic value. I just don't see how to continue the discussion without repeating myself so I won't. Fatman gave a concise and accurate summary of what I'm about, thank you.

[Mayer Amschel]

Right fellas. I head to Greece this weekend for 2 weeks and will give some updates in a dedicated thread here in the spec forum if people want it..

If you're not lying, then if I were you I would cancel my trip immediately.  Expect complete public unrest and total chaos to breakout there in about 2 days.  Think Arab Spring, riot-in-the-streets type chaos.

You forgot dragons spitting fire and Freddy Krueger with his new saw, cutting off heads on the streets...

Looks to me like things are heating up on the streets in Athens... it always starts this way.

http://www.nbcnews.com/video/tension-rises-in-greece-475268675897

July 2nd?

[Fatman3001]

Just popped in to say that I stand by what I said about intrinsic value. I just don't see how to continue the discussion without repeating myself so I won't. Fatman gave a concise and accurate summary of what I'm about, thank you.

Thx, glad to hear it.

[Denker]

Right fellas. I head to Greece this weekend for 2 weeks and will give some updates in a dedicated thread here in the spec forum if people want it..

If you're not lying, then if I were you I would cancel my trip immediately.  Expect complete public unrest and total chaos to breakout there in about 2 days.  Think Arab Spring, riot-in-the-streets type chaos.

You forgot dragons spitting fire and Freddy Krueger with his new saw, cutting off heads on the streets...

Looks to me like things are heating up on the streets in Athens... it always starts this way.

http://www.nbcnews.com/video/tension-rises-in-greece-475268675897

July 2nd?

Right this is old news

[ChartBuddy]

Coin
Explanation

[ErisDiscordia]

And unlike pyramid schemes and the like they don't even promise much of a return on your risky investment.

Unlike BTC, which (via numerous pimps & bagholders) promised mathematically-assured exponential gains, but delivered instead  ...what's the technical term for "huge bag of dicks"?

Here is the original white paper by Satoshi. I am having trouble finding the part where he is talking about these "mathematically-assured exponential gains"...

[Elwar]

And unlike pyramid schemes and the like they don't even promise much of a return on your risky investment.

Unlike BTC, which (via numerous pimps & bagholders) promised mathematically-assured exponential gains, but delivered instead  ...what's the technical term for "huge bag of dicks"?

Here is the original white paper by Satoshi. I am having trouble finding the part where he is talking about these "mathematically-assured exponential gains"...

You will not find such claims in the white paper, because Satoshi made no such claim.  Just like neither K. Marx or V.I. Lenin made mention of pogroms, purges or gulags, and Christ hasn't spoken of the Spanish Inquisition -- those all came LATER and, allegedly, did take place.

Satoshi is not one of the Bitcoin pimps, never was.  He has nothing to do with turning the current Bitcoin scheme ecosystem into a ponzi, having abandoned it in disgust

Please post where Satoshi said he was abandoning Bitcoin in disgust.

[Sitarow]

[ChartBuddy]

Coin
Explanation

[Sitarow]

[JimboToronto]

Good morning Bitcoinland.

Still going sideways in the $290 range I see.

How long do we wait for the next leg up? Hopefully not another week.

It's a double coffee morning but last night's rains are gone, the woods are shining and the birds are chirping. Life is good.

C'mon, somebody market buy a few thousand coins and wake this thing up.

[hdbuck]

for those who want to dig in that greek deal.. ding dong! https://varoufakis.files.wordpress.com/2015/07/eurosummit-communique-terms-of-surrender.pdf

[Sitarow]

Bank of Canada cuts benchmark interest rate to 0.5%
"2nd time since January that central bank has cut lending rate"

[rebuilder]

Re. your edit: I find that people are less guarded and much more receptive when I sprinkle my texts with misspellings and shit grammar.

Have you considered cogent arguments instead of repetitive put-downs  and your trademark image macros?

[ChartBuddy]

Coin
Explanation

[inca]

Re. your edit: I find that people are less guarded and much more receptive when I sprinkle my texts with misspellings and shit grammar.

Have you considered cogent arguments instead of repetitive put-downs  and your trademark image macros?

If he contributed anything useful he wouldnt be entirely banned from the forum and have his posts deleted on sight..

It takes literally a second to report anything he posts for deletion.