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

[rebuilder]

I take issue with your use of [network value]. What's the point of spending $100 million (probably much more) to end up killing the golden goose?

If an attacker would profit from destroying the network's credibility (governments potentially), that kind of spending would make sense. For protection against double spends, yes, we're pretty solid. In fact, it would seem we're spending way more than need be on security if that is our only concern.

[Richy_T]

Seems the bitch is going north again.

We all know how this ends

With pudding?

[Wandererfromthenorth]

Lambie, face it, BTC price is rising and so is your cognitive dissonance.

[yefi]

We're currently paying ~10% of the network's worth, per year, to secure it. In other words, we're paying $1 to store $10 for a year.

1. Is this optimal?
2. If a bank charged you 10%, yearly, to store your money, would you use it?

3. What does it matter? They use to pay $1 to store $1. If that wasn't sufficient discouragement, $1 for $10 sure isn't.

[ChartBuddy]

Coin



Explanation

[AlexGR]

I'm not sure the rationale is entirely accurate.

Bitcoin is a new currency so the monetary base must be distributed in some way (miners getting the coins generated). Increased inflation at the start is one way to do that but it is understood the emission will be cut /2 every 4 years.

[Hyperjacked]

Dear Nazi Wannabe Trailer Trash peonminer:
'Government bonds' and 'Taxes' are not one and the same.  Ofc, I wouldn't expect you to know this, living on the dole like you do

Just another way of telling your buddy (The US govn't and its people) you are controlled by the Federal Reserve. The 'bonds' are the 'tax' for using the toilet paper jew confetti. Please reference my post owning you, here: https://bitcointalk.org/index.php?topic=178336.msg13260184#msg13260184 ; You wouldn't know that though, because you are too politically correct about every tiny aspect, that you have Uncle Sam's big toe permanently affixed to the inside of your lips. Tell me, if I give you $1, and you give me a 'bond' to pay $1.20 back at the end of the year, where will the $.20 come from? Me. When I print more money. Which has more debt attached. Which makes you my slave. You little cunt bitch.

/fin

/ignores

Why bother discussing anything with this shill with hundreds of newbie accounts ? It like beating your head against the wall...

[Wyld]

I've got a bitfinex trading question maybe someone could help me out with.

Say I've got a margin long open from 430, and I went to sell it at 465. Right now it seems like all I can do is 'close' which sets up a market sell at whatever point I hit close at. Instead I'd like to set it up to sell whenever someone buys into it at 465. Can I do this somehow?

ty ty ty

[BlindMayorBitcorn]

Bitcoin Foundation board members Jim Harper and Olivier Janssens have resigned and been removed from the trade organization, respectively, following a disagreement over the future of the advocacy group.

http://www.coindesk.com/harper-janssens-exit-bitcoin-foundation/

"They wanted everyone to start raising money, so they could come up with a plan. I said I'm not comfortable to raise money UNTIL we have a plan," Janssens wrote in a Reddit post.

"The truth is that the foundation is pretty much dead. They will try to keep it going just for the name and ego, but they have no support left with the community," he wrote.

[gotmilk_]

MMM buying all the coins  

I've got a bitfinex trading question maybe someone could help me out with.

Say I've got a margin long open from 430, and I went to sell it at 465. Right now it seems like all I can do is 'close' which sets up a market sell at whatever point I hit close at. Instead I'd like to set it up to sell whenever someone buys into it at 465. Can I do this somehow?

ty ty ty

Just place a margin limit sell at wanted price  

[Fatman3001]

Guberment Jooz never brainwashed me in their commie Jew schools. I escaped! To huff Sweet Leaded Gasoline of Freedom!
Now I uses pottymouth words like 'cunt' and 'bitch' because I'm very edgy.'

You know it. Some serious daddy issues, too...
Still, no reason to be upset, trailer trash

He's just angry because of that shitcoin of his, Sprouts...

I guess that's the jews too...

Has this place always been Stormfront lite?

[BlindMayorBitcorn]

Lambie, face it, BTC price is rising and so is your cognitive dissonance.
[img gif from tumblr img]

No denying it, but I'm sure glad I got out when I did. Price is just one aspect of this shitshow, you gotta consider the whole mise-en-scene thingamabob. Worrying about money on shady exchanges, worrying about taxes, regulations, worrying BTC getting B&.
As P. Pig had once so eloquently put it, "wuh..w.w.worry, w..w..worry, wuh..wu.worry!"

You worry too much.

[Wyld]

thanks gotmilk, wasn't sure if that would open up a new margin short which I didn't want to do, just close my long. appreciate it!

[rebuilder]

Has this place always been Stormfront lite?

Put it this way, back in 2011 I bought coffee from someone here who, I later noticed, professed to be a vehemently anti-racist white separatist. I didn't even know there *were* white separatists before that. Also had to look up the word 'miscegenation', my grade school latin didn't include that word.

[peonminer]

THIS BOAT IS REAL!!!!!!!

[ssmc2]

Feels like another parabolic move is on the horizon...

[JayJuanGee]

Feels like another parabolic move is on the horizon...

Define "parabolic."    $5?   

[ssmc2]

Feels like another parabolic move is on the horizon...

Define "parabolic."    $5?   

  hahaha  I was thinking more like 600 

[rebuilder]

Feels like another parabolic move is on the horizon...

Hopefully not... That stuff's all tears - tears of joy on the way up, grief on the inevitable drop down. Wouldn't it be nice if people could just keep their cool and not overreact?

[marcus_of_augustus]

You worry too much.

... it's know as concern trolling in the business. She doesn't actually care, she's just here to deceive with FUD through feigned of "worry' and "concern".