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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26835098 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.)
Norway
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September 13, 2015, 03:58:45 PM

Update from the Scaling Bitcoin Conference:

Vlad Zamfir continue along the same lines as Eric with his shard protocol: Share the f***ing work!

I'm so confident that bitcoin will scale, as long as these ideas are out there. The best code will win!

BULLISH!
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September 13, 2015, 04:02:13 PM

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LMGTFY
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September 13, 2015, 04:26:31 PM

Economists have know for 500 years that a currency must have some inflation, otherwise people will hoard it and it will not be available for use as a currency.

What economists advocated this position in 1515?

I've never come across these scholars in my actual academic work, or even the notion of economics as a discipline per se existing at that time...

Guess they don't teach everything @ DeVry School of Janitorial Science Undecided
You may continue your smartification learnings here: https://en.wikipedia.org/wiki/History_of_economic_thought

Presumably you're referring to Jean Bodin (he's the only person in the relevant period where Wikipedia mention inflation)? I don't recall Bodin arguing that currency must have some inflation, only that inflation - where it existed - had a cause (he pointed to bullion importation from the New World as the cause in his time). My memory is hazy, though, and I do remember not really covering the pre-Classical economists much, because economics as a discipline didn't really get going until Adam Smith et al.
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September 13, 2015, 04:28:14 PM

Garziks' speaking: https://www.youtube.com/watch?v=TgjrS-BPWDQ
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September 13, 2015, 05:02:08 PM

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hdbuck
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September 13, 2015, 05:05:57 PM



becoin
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September 13, 2015, 05:08:00 PM

I'm so confident that bitcoin will scale, as long as these ideas are out there. The best code will win!
XT alt coin can't win. It is practically dead.
Norway
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September 13, 2015, 05:12:30 PM

I'm so confident that bitcoin will scale, as long as these ideas are out there. The best code will win!
XT alt coin can't win. It is practically dead.
Doesn't matter. The best code will win. And Wladimir has to get his shit together quickly. If not, he will not have his current position in february...
TaurusBit
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September 13, 2015, 05:13:22 PM

It doesn't look good, gentlemen.  Sad
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September 13, 2015, 05:23:40 PM

I'm so confident that bitcoin will scale, as long as these ideas are out there. The best code will win!
XT alt coin can't win. It is practically dead.
Doesn't matter. The best code will win. And Wladimir has to get his shit together quickly. If not, he will not have his current position in february...

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September 13, 2015, 05:24:40 PM


I guess I tuned in near the end of his talk not knowing who was speaking till the end.  I was very impressed by his clear and well organized way of talking.

Then there was one of the young guys from "lightning" with... like, uh, you know

I can barely read from cue cards Sad
hdbuck
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September 13, 2015, 05:25:36 PM

Doesn't matter. The best code will win. And Wladimir has to get his shit together quickly. If not, he will not have his current position in february...

Absolutely. The price of Bitcoin has dropped by more than 40% since Wladimir started - increased by more than 2000% when Gavin was the lead dev before him.




Norway
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September 13, 2015, 05:28:57 PM

Next up: Nicholas Negroponte
Could be a visionary speak.

New link for this session:
https://www.youtube.com/watch?v=0SnjrdQtf8Y
sAt0sHiFanClub
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September 13, 2015, 05:29:11 PM

Economists have know for 500 years that a currency must have some inflation, otherwise people will hoard it and it will not be available for use as a currency.

What economists advocated this position in 1515?

I've never come across these scholars in my actual academic work, or even the notion of economics as a discipline per se existing at that time,  so whatever you've discovered must be truly groundbreaking.

500 years? Try 2000 years - have a look at Diocletian controls over inflationary debasement of specie in the roman empire.  Not quite the same thing, but this has been an issue for a bit.

In a more contemporary context

2000 years and the fuckers still can't get it right.
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September 13, 2015, 05:51:09 PM



Okey people!

I'm losing money here so you'd better start pushing that price up!

Pleeeeeeease!

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September 13, 2015, 05:55:09 PM

No.

I want more LOW !

like 200 euros ... (204 now).  Grin
Norway
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September 13, 2015, 05:58:36 PM

Watching the bears getting crushed right now!
(by Green Bay Packers)
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September 13, 2015, 06:02:11 PM

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PoolMinor
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September 13, 2015, 06:19:27 PM



Okey people!

I'm losing money here so you'd better start pushing that price up!

Pleeeeeeease!



You are losing money everyday if you are holding fiat. Price of bitcoin remains constant ( 1BTC = 1BTC) only its relation to the inflationary fiat changes.


Edit:

The blockchain isn't here for the BTC, it is the other way around. Until you(we) finally understand this, the fiat price will forever be linked.
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September 13, 2015, 06:26:28 PM

is crypto  done??  Huh

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