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

[Richy_T]

When fiat funny money vanish, BTC will be used to build flying cars, nanotech medicine and sponsoring breastfeeding

ftfy

[adamstgBit]

We are heading up from here. Breakout confirmed.

Yes looks like it.

Strange thing is that breakeout happened in kraken EUR/XPT 10 minutes before other exchanges (bitstamp, bitfinex, huobi, okcoin) with unusualy big market buys for kraken. I never seen something like this at kraken. Kraken always just follows others.

Did whales moved to kraken or do somebody knows something?

Very strange!

wtf is XPT?

[BlindMayorBitcorn]

Safe mode for the internet?

You know how can phone works? Now imagine if we add some more string, and make a whole *web* of string, with tin cans connected all over the place?
Now imagine if we made that web world wide... Yeah, I'm always thinking...

Now if I could only figure out how to keep all them bitcoin megamines going, with nothing but rage, rotting corpses and radiation...

Carbon-breathing AI will be scrubbing the planet clean for your grandchildren. The future is probably all sunshine and double-rainbows

[peonminer]

The shills are running out of steam. 

[adamstgBit]

... and sponsoring breastfeeding

ftfy

Wouldn't you rather some McDonalds?

fuck no.

[adamstgBit]

price hovering 10$ from my trade being profitable is really fucking aggravating

[Richy_T]

Wouldn't you rather some McDonalds?

Ugh. Philistine.

[jbreher]

Wait, you expect to use your USD - overwhelmingly digital, or your Visa - intractibly dependent upon the Internet, after the apocalypse you've been prepping for? Because the comsats'll be comsatting and interweb providers'll be providing interwebs@groundzer0?
Maybe swap the $117.37 that your on-hand cash is limited to for tins of dog food, hmm?
You wacky, conventionally stupid old people! The nutty shit you imagine!

Us fiat-lovers ...

The point is that the old saw about 'your bitcoin is useless when the interwebs go dark' is trotted out time after time by idiot detractors that don't even realize that they're in the exact same predicament. They ignorantly toss it about as if to make their case.

Of course, when it comes to picking up the pieces afterwards, my money is on the prospect that the resourceful cryptonerds will get up a fully functional bitcoin packet radio network long before the merely resource-controlling overlords will restore access to the Internet-dependent monetary system to the mere peon subjects. Of course, if not, it's not as if its dollars before bitcoins -- it would be dollars concurrent with bitcoins.

edit: s/their/they're/

[ChartBuddy]

Coin



Explanation

[adamstgBit]

What if I Don't

Get to buy back all my bitcoins

[peonminer]

price hovering 10$ from my trade being profitable is really fucking aggravating

[ssmc2]

What if I Don't

Get to buy back all my bitcoins

This is why we HODL, Adam.

[marcus_of_augustus]

Wait, you expect to use your USD - overwhelmingly digital, or your Visa - intractibly dependent upon the Internet, after the apocalypse you've been prepping for? Because the comsats'll be comsatting and interweb providers'll be providing interwebs@groundzer0?
Maybe swap the $117.37 that your on-hand cash is limited to for tins of dog food, hmm?
You wacky, conventionally stupid old people! The nutty shit you imagine!

Us fiat-lovers ...

The point is that the old saw about 'your bitcoin is useless when the interwebs go dark' is trotted out time after time by idiot detractors that don't even realize that they're in the exact same predicament. They ignorantly toss it about as if to make their case.

Of course, when it comes to picking up the pieces afterwards, my money is on the prospect that the resourceful cryptonerds will get up a fully functional bitcoin packet radio network long before the merely resource-controlling overlords will restore access to the Internet-dependent monetary system to the mere peon subjects. Of course, if not, it's not as if its dollars before bitcoins -- it would be dollars concurrent with bitcoins.

edit: s/their/they're/

if the lights go out quickly and the power stops working fiat cash is going to be in high demand ... less than 10% of all monetary reserves are in cash form, and it will be the most recognisable in the short term.

Long term in a post-apocalyptic scenario bitcoin as a highly distributed network is well-placed (as long as blocksizes are small and resource requirement to run highly isolated nodes across severely untrusted, asynchronous networks is kept small).

[Patel]

What if I Don't

Get to buy back all my bitcoins

don't worry, you'll be able to buy them back below 300 in january or late december

[adamstgBit]

[hendra147]

welcome back $360  
i like bitcoin market at this moment make me easy to earn +30% at 3day  
i like it  

[adamstgBit]

We are heading up from here. Breakout confirmed.

Yes looks like it.

Strange thing is that breakeout happened in kraken EUR/XPT 10 minutes before other exchanges (bitstamp, bitfinex, huobi, okcoin) with unusualy big market buys for kraken. I never seen something like this at kraken. Kraken always just follows others.

Did whales moved to kraken or do somebody knows something?

Very strange!

wtf is XPT?

XPT - Bitcoin in Kraken

XBT

[marcus_of_augustus]

the Kraken offensive, opening up another front on the western flank of the shorts ... beware of kraken ambush raids ... and landmines on fiinex.

[Cconvert2G36]

Wait, you expect to use your USD - overwhelmingly digital, or your Visa - intractibly dependent upon the Internet, after the apocalypse you've been prepping for? Because the comsats'll be comsatting and interweb providers'll be providing interwebs@groundzer0?
Maybe swap the $117.37 that your on-hand cash is limited to for tins of dog food, hmm?
You wacky, conventionally stupid old people! The nutty shit you imagine!

Us fiat-lovers ...

The point is that the old saw about 'your bitcoin is useless when the interwebs go dark' is trotted out time after time by idiot detractors that don't even realize that they're in the exact same predicament. They ignorantly toss it about as if to make their case.

Of course, when it comes to picking up the pieces afterwards, my money is on the prospect that the resourceful cryptonerds will get up a fully functional bitcoin packet radio network long before the merely resource-controlling overlords will restore access to the Internet-dependent monetary system to the mere peon subjects. Of course, if not, it's not as if its dollars before bitcoins -- it would be dollars concurrent with bitcoins.

edit: s/their/they're/

if the lights go out quickly and the power stops working fiat cash is going to be in high demand ... less than 10% of all monetary reserves are in cash form, and it will be the most recognisable in the short term.

Long term in a post-apocalyptic scenario bitcoin as a highly distributed network is well-placed (as long as blocksizes are small and resource requirement to run highly isolated nodes across severely untrusted, asynchronous networks is kept small).

Post apocalyptic... you're gonna need water source, food, firewood, ammunition, guns, maybe silver rounds... and probably in that order. I doubt anyone's going to be waiting for transactions to be included in a block to sell any of the above in that situation.  

[peonminer]