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

[DaRude]

...blah blah troll blah blah possibly NLC??

...blah blah NLC answering to him(her?)self?

..blah blah you're feeding...

You do know of the existence of the ignore button right?

[JayJuanGee]

...blah blah troll blah blah possibly NLC??

...blah blah NLC answering to him(her?)self?

..blah blah you're feeding...

You do know of the existence of the ignore button right?

Yes, each of us have different philosophies about these kinds of matters... .it's called personal discretion..

    

[Denker]

ETH is more of a hedge at the moment. BTC seems very unstable.

OMG!!!
Are you really serious about that?
How can Eth, a crazy overhyped and pumped to oblivion something, be a hedge against THE coin which is growing in terms of infrastructure, innovation and legitimacy?
You must be kidding!

[DaRude]

ETH is more of a hedge at the moment. BTC seems very unstable.

OMG!!!
Are you really serious about that?
How can Eth, a crazy overhyped and pumped to oblivion something, be a hedge against THE coin which is growing in terms of infrastructure, innovation and legitimacy?
You must be kidding!

Yeah i recall similar stuff that was said about LTC, ripple etc... silver to bitcoin's gold ... lets check how all of that ended  on second thought better not

[Elwar]

I'm not sure why everyone is excited about DAO.

BitPools has offered this ability for 2 years and nobody ever used it. Sure it's probably about marketing and reaching critical mass but I don't see anyone using DAO. I created BitPools as a centralized version precisely because I knew that the first stage needed to be as uncomplicated as possible for users, a few button clicks. Ethereum DAOs require a whole lot of work to get a proposal through.

While I support the concept, I don't think people are ready to use it. There will probably be one DAO used mainly by the developers to highlight its use, but that's about it. All the rest will consist of the DAO owner with his own "proposal" of how things should work in his DAO, with nobody wanting to join. In a libertarian environment, everyone wants to be king.

I can also see a lot of people supporting a proposal, but not actually having the money to fund it when the time comes. I've seen this too many times in various projects I've worked on. That's why with BitPools I require people to prove that they actually have the required bitcoin balance before supporting a project.

[Andre#]

I'm not sure why everyone is excited about DAO.

BitPools has offered this ability for 2 years and nobody ever used it. Sure it's probably about marketing and reaching critical mass but I don't see anyone using DAO. I created BitPools as a centralized version precisely because I knew that the first stage needed to be as uncomplicated as possible for users, a few button clicks. Ethereum DAOs require a whole lot of work to get a proposal through.

While I support the concept, I don't think people are ready to use it. There will probably be one DAO used mainly by the developers to highlight its use, but that's about it. All the rest will consist of the DAO owner with his own "proposal" of how things should work in his DAO, with nobody wanting to join. In a libertarian environment, everyone wants to be king.

I can also see a lot of people supporting a proposal, but not actually having the money to fund it when the time comes. I've seen this too many times in various projects I've worked on. That's why with BitPools I require people to prove that they actually have the required bitcoin balance before supporting a project.

Actually quite interesting what you created. However, I had never heard of it before -- and I read a LOT of Bitcoin related news. So I think you're right, marketing and reaching critical mass are very important.

[ahpku]

Look at this space, most fuckers think they know exactly what they're doing. Talking about really complicated stuff, that they have literally no concept of. I'm qualified as one of these dumb people, at least I'm aware of it.

Sure, most people still dicking around in bitcoin are not very bright. Just like most people still trying to make their fortunes with BTCeanies aren't very bright. I'd go as far as to say that these people are idiots *because* they're still dorking around with BTC/BTCeanies. Because falling for trendy overhyped bullshit is bad enough, but persisting after everyone has gone is simply retarded. Or weird.

That's what I meant by "get out at the right time." Not timing the market.

When you are in the ongoing process of comparing bitcoin to beanies, most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking, and it appears that you are participating in this thread to "save us from ourselves."  Get out of here.

I didn't mean to hurt you
I'm sorry that I made you cry
I didn'tmean to huuuououorrrrrtttt you
[medley]
So [ra ta ta ta]

Houououold on to that feeeeeelin'...

Seriously tho, what is it that makes you think that people amused by your bitcoin antics are agents of some other BTCeanie cult?

[Fatman3001]

Look at this space, most fuckers think they know exactly what they're doing. Talking about really complicated stuff, that they have literally no concept of. I'm qualified as one of these dumb people, at least I'm aware of it.

Sure, most people still dicking around in bitcoin are not very bright. Just like most people still trying to make their fortunes with BTCeanies aren't very bright. I'd go as far as to say that these people are idiots *because* they're still dorking around with BTC/BTCeanies. Because falling for trendy overhyped bullshit is bad enough, but persisting after everyone has gone is simply retarded. Or weird.

That's what I meant by "get out at the right time." Not timing the market.

When you are in the ongoing process of comparing bitcoin to beanies, most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking, and it appears that you are participating in this thread to "save us from ourselves."  Get out of here.

I didn't mean to hurt you
I'm sorry that I made you cry
I didn'tmean to huuuououorrrrrtttt you
[medley]
So [ra ta ta ta]

Houououold on to that feeeeeelin'...

Seriously tho, what is it that makes you think that people amused by your bitcoin antics are agents of some other BTCeanie cult?

"most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking"

You have to admit, that's special. I'd like to meet someone with "nut job propagandistic thinking".

[Elwar]

"most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking"

You have to admit, that's special. I'd like to meet someone with "nut job propagandistic thinking".

Simplest thing to do whenever someone says "beanie" is to add them to ignore. They are obviously clueless and will add nothing toward furthering Bitcoin.

There should be a script set up to do that automatically.

[BlindedByStick]

"most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking"

You have to admit, that's special. I'd like to meet someone with "nut job propagandistic thinking".

Simplest thing to do whenever someone says "beanie" is to add them to ignore.

Simplest? Yes. Smartest? No.

They are obviously clueless and will add nothing toward furthering Bitcoin Beanies.

Perhaps. Some claim that's a good thing.

There should be a script set up to do that automatically.

Will be ready in Two Weeks™©. Welcome to Bitcoin

P.S. How's that Water World project of yours going?

[r0ach]

A young Ethereum shill horrified by the news reacts:

[finkelsteinMonster]

http://s33.postimg.org/qn2ooxmbz/Capture.jpg
A young Ethereum shill horrified by the news reacts
http://s33.postimg.org/a6ah044sv/hobbler.jpg
http://s33.postimg.org/3r95ekle7/Capture.jpg

How's it goin' buddy?

[Elwar]

A young Ethereum shill horrified by the news reacts

How's it goin' buddy?

Wow...have they distributed over 60% of etheriums too? What's the max amount?

Do you know of any place I can pay my phone bill with etheriums? Or Amazon purchases?

[finkelsteinMonster]

http://s33.postimg.org/qn2ooxmbz/Capture.jpg
A young Ethereum shill horrified by the news reacts
http://s33.postimg.org/a6ah044sv/hobbler.jpg
http://s33.postimg.org/3r95ekle7/Capture.jpg

How's it goin' buddy?

Wow...have they distributed over 60% of etheriums too? What's the max amount?

No, they haven't, that's why it's so cool -- like Bitcoin back in 2011, people getting in on the ground floor!

Do you know of any place I can pay my phone bill with etheriums? Or Amazon purchases?

Hell no. Also don't know of any place you can pay your phone bill with bitcoins or beanies, to be honest.
Why in the world would you want to pay your phone bill with ETH tho, with the price is skyrocketing like it is?
Wouldn't it be smarter to pay with bitcoins, since BTC price just keeps falling?
https://i.ytimg.com/vi/Rl1giOAPc9E/maxresdefault.jpg
You're not using your brain, are you?

[oda.krell]

ETH is more of a hedge at the moment. BTC seems very unstable.

With emphasis on 'seems', that's the best answer right now, in my opinion.

It's all about perception. LTC was the de facto hedge/fallback option back in the day, but I think there's good reasons to consider ETH a better one today. And  'not even trying to be decentralized' isn't a counterargument - it's part of what makes it an actual hedge, I'd argue.

Still, I don't see anything about ETH that makes me think it's anything more than a hedge. Then again, I'm following crypto only peripherally at the moment, so feel free to pick apart what I'm saying.

[Elwar]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

[ImI]

ETH is more of a hedge at the moment. BTC seems very unstable.

With emphasis on 'seems', that's the best answer right now, in my opinion.

It's all about perception. LTC was the de facto hedge/fallback option back in the day, but I think there's good reasons to consider ETH a better one today. And  'not even trying to be decentralized' isn't a counterargument - it's part of what makes it an actual hedge, I'd argue.

Still, I don't see anything about ETH that makes me think it's anything more than a hedge. Then again, I'm following crypto only peripherally at the moment, so feel free to pick apart what I'm saying.

Yeah, its mostly based on perception. So far the last months everyone could see a clear correlation, as soon as BTC tanks ETH immediately rises and vice versa.
So ETH looks like a good hedge, if BTC goes to $200 ETH could act like a savior in the portfolio.

[ImI]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

[oda.krell]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

I don't think he meant price stability (and I definitely didn't).

And, again, this isn't about whether BTC (development, the industry around it, etc) is objectively unstable or not, but rather, whether it is perceived as such, and whether (some) believe there should be a hedge.

[Elwar]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

Ya, it did go down 2% after going up 8% so it's probably going to go to $0 any day now.