ChartBuddy
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Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 02, 2015, 08:02:19 PM |
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ChartBuddy
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Activity: 2898
Merit: 2496
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August 02, 2015, 09:02:18 PM |
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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August 02, 2015, 09:58:38 PM |
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At least for me it seems the world is not really ready/interested in Bitcoin but much rather they are interested in the Blockchain behind it.
It seems this way because news outlets are reporting the proclamations of bankers, as if having more authority than the opinions of a band of ragtag technologists and libertarian amateur economists. Bankers, for their part, are interested in blockchain technology and not Bitcoin itself, as they want the cheapness of decentralized ledgers while maintaining insulative control that allows them to create money at will. But in the current form of Bitcoin as a currency is not the valuable thing... The Blockchain is the valuable thing.
Yes. The Blockchain (I note you accorded it proper noun status) -- the specific blockchain attached to Bitcoin -- is the valuable thing. Banks have a major challenge ahead of them trying to create a separate blockchain under their control, that is secure against 'incursions', when Bitcoin's Blockchain is already secured with the largest collection of computing power that humanity has ever amassed against a single problem. Bankers as a rule are stupid. It may take them quite a while to figure out that their blockchain is worthless unless somebody pays the miners. I may talk down about miners occasionally, but they are necessary. Also, the age of the ledger gives it added legitimcy, and no crypto ledger is older than bitcoins. As you say, it's the difference between a record of a transaction and THE record of a transaction. |
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ChartBuddy
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Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 02, 2015, 10:02:21 PM |
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cmacwiz
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August 02, 2015, 10:07:16 PM |
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billyjoe with the c-c-c-c-combo breaker.
slow sunday...
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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August 02, 2015, 10:21:16 PM |
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only about 5K coins to dump to get to $275. Think it'll get touched by the Chinese panic monkeys tonight? I'm thinking dumpers are out of coins to dump, but I've been really wrong before. I may be margin long, but I still have some dry powder just in case they take one last good whack at support.
oops, another big buy. I see the bears opportunity slipping away. maybe resistance will get tested first.
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rememberme
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August 02, 2015, 10:26:36 PM |
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ROCKET WE GO MOON NOWWWWWWWW  |
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criptix
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Activity: 2464
Merit: 1145
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August 02, 2015, 10:34:51 PM |
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i hope for another leg down before we go up again  |
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BlackSpidy
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August 02, 2015, 10:45:35 PM |
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i hope for another leg down before we go up again Yeah, guys. Come on, wait for me! I just need a few more weeks to get this exchange thing verified and completely figured out. |
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Morecoin Freeman
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August 02, 2015, 10:50:01 PM |
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My latest prediction: $400 within 2015.
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ChartBuddy
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Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 02, 2015, 11:02:16 PM |
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Greendragon
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Activity: 70
Merit: 10
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August 02, 2015, 11:04:04 PM |
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My latest prediction: $400 within 2015.
Why so bearish? |
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Meuh6879
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Activity: 1512
Merit: 1013
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August 02, 2015, 11:41:02 PM |
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1 monday of the month. need to rise ... like usual ...  |
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ChartBuddy
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Activity: 2898
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August 03, 2015, 12:02:40 AM |
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ChartBuddy
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Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 03, 2015, 01:02:18 AM |
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Crumbles
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August 03, 2015, 01:32:00 AM |
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Gyrsur
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Activity: 2856
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Bitcoin Legal Tender Countries: 2 of 206
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August 03, 2015, 02:00:29 AM |
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just retracement of 38,2 % so far but trendline broken.  EDIT: and Mark is telling the whole story: https://youtu.be/JCR3722ACTI |
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ChartBuddy
Legendary
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Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 03, 2015, 02:02:18 AM |
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criptix
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Activity: 2464
Merit: 1145
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August 03, 2015, 02:09:49 AM |
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not sure if i wanna die crying or laughing here LOL On a serious side note, if mark gets jailed in japan... well even he doesnt deserve that... |
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