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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26772762 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. (174 posts by 1 users with 9 merit deleted.)
inca
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July 30, 2015, 10:01:40 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


Blah blah. You've been on the wrong side of the market since January..

loo, It appears you are on the wrong side of the market since you joined this forum 😂

I literally popped into existence when i joined this forum. You too, right?
ChartBuddy
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July 30, 2015, 10:02:20 PM

Coin
Explanation
Gyrsur
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July 30, 2015, 10:07:38 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


Blah blah. You've been on the wrong side of the market since January..

loo, It appears you are on the wrong side of the market since you joined this forum 😂

I literally popped into existence when i joined this forum. You too, right?

perhaps he read this german article and joined the forum the same day.
Hfertig
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July 30, 2015, 10:14:46 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


Blah blah. You've been on the wrong side of the market since January..

loo, It appears you are on the wrong side of the market since you joined this forum 😂

I literally popped into existence when i joined this forum. You too, right?

perhaps he read this german article and joined the forum the same day.

hey thanks for that article. acually i did not know that one, but I know Molecular...
gentlemand
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July 30, 2015, 10:17:29 PM

While some on this page are busy wiggling their willies at each other, what does everyone else make of this?

https://www.reddit.com/r/Bitcoin/comments/3f71p2/bitcoin_exchange_ceo_mark_karpeles_to_be_charged/
Sitarow
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July 30, 2015, 10:25:00 PM
Last edit: July 30, 2015, 10:52:16 PM by Sitarow

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


it's just a frustrated banker which know very well his time is over.  Grin

https://www.youtube.com/watch?v=-DT7bX-B1Mg

haha.. indeed.

http://imgur.com/gallery/EzeT1 <----- Sad part of retail marketing. What is the value of such product...  "no intrinsic value" or "underlying perception of its true value" https://www.youtube.com/watch?v=M9LjaQdl7wc
emelac
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July 30, 2015, 10:43:05 PM

While some on this page are busy wiggling their willies at each other, what does everyone else make of this?

https://www.reddit.com/r/Bitcoin/comments/3f71p2/bitcoin_exchange_ceo_mark_karpeles_to_be_charged/

Coindesk has picked up the story and gives the same account as that reddit post translation of the original Nikkei story.  I'm surprised he hasn't been charged until now, but it often takes the police a long time to gather evidence. How long would his sentence be if he's found guilty of all charges?

http://www.coindesk.com/report-tokyo-police-seeking-fraud-charges-against-mt-gox-ceo/

Quote
The Tokyo Metropolitan Police is reportedly pursuing criminal charges against Mark Karpeles, CEO of the now-defunct, Japan-based bitcoin exchange Mt Gox.

Domestic news service Nikkei reported on 31st July that, according to an official with the city's police force, Karpeles is being investigated for allegedly using dummy exchange accounts with fictitious bitcoin balances to meet customer orders.

...

Police also suspect that Karpeles may have misappropriated actual bitcoins deposited by users, allegations that could lead to embezzlement charges.
ChartBuddy
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July 30, 2015, 11:02:22 PM

Coin
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Norway
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July 30, 2015, 11:07:03 PM

Hi guys, back from holiday!
Did you see this clip from American Bankers Digital Currencies + the Blockchain Conference?

https://www.youtube.com/watch?v=Clc3ZOP2zUo

The funniest part is at 46:10 where Chris DeRose ask Blythe Masters two questions, lol!
GaliX
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July 30, 2015, 11:15:18 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....
cryptworld
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July 30, 2015, 11:18:26 PM

Someone see bitcoin surpassing 300$ in August?

This days it was near but it could not break that barrier
Greendragon
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July 30, 2015, 11:20:18 PM

Tomorrow weekend pump to 320, will stabalize around 300
Gyrsur
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July 30, 2015, 11:24:05 PM

Someone see bitcoin surpassing 300$ in August?

This days it was near but it could not break that barrier

it looks like that we will see the price above 300 in august.

Norway
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July 30, 2015, 11:24:47 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Get out of bitcoin if you don't have the stomach to hodl strong over time  Wink
Gyrsur
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July 30, 2015, 11:27:01 PM

38.2 % retracement level was tested.

GaliX
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July 30, 2015, 11:29:48 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Get out of bitcoin if you don't have the stomach to hodl strong over time  Wink

I don't even care if the price goes up or down... You can make the same money on both ways...
phoenix1
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July 30, 2015, 11:30:14 PM


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Well said. Given the average intelligence of the posters on this forum, the likelihood that they will become 'the new welathy elite' seems both miniscule and scary at the same time. This forum ...  'the wealty elite' ... not sure I want to live in that world

Not saying BTC has no future, just that my gut says that the majority of people here are not 'early adopters' at all and will be taken to the cleaners somewhere along the way.
1 million BTC will be created b4 the halving ... seems like more than enough to satisfy current demand, and the over=leveraged longs, well they are potential sitting ducks to get wiped out b4 BTC 'moons' if it indeed does(Q1 next year seems like a good target for that if it happens - the wipe-out, not the moon ...)

Don't get me wrong. I hold some, but I have no FOMO at the current time and it will take a lot to change that.
After all, if you drink the kool-aid and belive in $50k+, why would you care about buying at $300 or $600 ? Twice as many coins, sure, but when its zero or moon that does not makea lot of difference to a rational person.

The cat is very much out of the bag with BTC and intelligent people now. Don't fool yourself into believing that there is some great secret in crypto anymore. The future will be interesting ...

EDIT: I see the typical bulltard response - 'get out now if you don't have the stomach' LMAO - keep slurping, there are none so blind as those who will not see. This is by no means a sure bet, but the proposed asymetric outcomes are the perfect bait for blind fools.
Norway
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July 30, 2015, 11:39:17 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Get out of bitcoin if you don't have the stomach to hodl strong over time  Wink

I don't even care if the price goes up or down... You can make the same money on both ways...

That is true in short time speculation... if you can predict the short time future... which I can't, lacking a crystal ball...
Norway
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July 30, 2015, 11:45:05 PM


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Well said. Given the average intelligence of the posters on this forum, the likelihood that they will become 'the new welathy elite' seems both miniscule and scary at the same time. This forum ...  'the wealty elite' ... not sure I want to live in that world

Not saying BTC has no future, just that my gut says that the majority of people here are not 'early adopters' at all and will be taken to the cleaners somewhere along the way.
1 million BTC will be created b4 the halving ... seems like more than enough to satisfy current demand, and the over=leveraged longs, well they are potential sitting ducks to get wiped out b4 BTC 'moons' if it indeed does(Q1 next year seems like a good target for that if it happens - the wipe-out, not the moon ...)

Don't get me wrong. I hold some, but I have no FOMO at the current time and it will take a lot to change that.
After all, if you drink the kool-aid and belive in $50k+, why would you care about buying at $300 or $600 ? Twice as many coins, sure, but when its zero or moon that does not makea lot of difference to a rational person.

The cat is very much out of the bag with BTC and intelligent people now. Don't fool yourself into believing that there is some great secret in crypto anymore. The future will be interesting ...

EDIT: I see the typical bulltard response - 'get out now if you don't have the stomach' LMAO - keep slurping, there are none so blind as those who will not see. This is by no means a sure bet, but the proposed asymetric outcomes are the perfect bait for blind fools.

Sounds like some Hero accounts here are being sold or becoming weak hands. I don't know, and I don't care  Wink
Blazin8888
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July 30, 2015, 11:46:10 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.


I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..


All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Get out of bitcoin if you don't have the stomach to hodl strong over time  Wink

I don't even care if the price goes up or down... You can make the same money on both ways...

That is true in short time speculation... if you can predict the short time future... which I can't, lacking a crystal ball...

Hands down crypto is the future. Bitcoin is digital gold. Think logically everyone. Who knows what Crypto will become the standard for day to day transactions but Bitcoin is here to stay and the price will rise. We need to work together as a family and decentralize everything. We have to think outside of the box of things that seem impossible.  Right now I am trying to figure out if it is possible to create a decentralized cellphone network? So we no longer have to rely on cell phone companies any longer etc... Check this coin out.  Very interesting  development out of china...downloaded the wallet and never seen anything like it.

https://bitcointalk.org/index.php?topic=789961.0
NEW WEBSITE: http://www.bitnet.wang   (SWITCH TO ENGLISH)
http://coinmarketcap.com/currencies/vpncoin/

It has a built in VOIP system and IRC and many other neat features. With a decentralized exchange coming. It is a civilian made Tor... I am just trying to figure out what else they could do. There are a ton of bright minds on this thread so the more people involved the better! Also anyone who can speak Chinese + English fluently it is much needed as there is a language barrier between us and the dev.
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