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

[Bitcoinstalker.com]

What do you mean by "troll"? I give you facts, and you call it trolling. You know who does that? Cultists, that's who.

If there was a dollar website where financially illiterate rubes were conned into buying the USD because by December, it would be worth ... let me check ... 1550% as much as it is today? You bet your ass! I'd be all over that shit

Comparing Bitcoin to Beanie Babies is trolling (and shows a lack of understanding of a commodity of limited supply).

Why? Both Bitcoin and Beanie value is based on artificially limited supply. Why do you think Beanies are worth so much?
"The company's strategy of deliberate scarcity, producing each new design in limited quantity, restricting individual store shipments to limited numbers of each design and regularly retiring designs, created a huge secondary market for the toys and increased their popularity and value as a collectible." - https://en.wikipedia.org/wiki/Beanie_Babies
Please educate me.

[TooDumbForBitcoin]

Why? Both Bitcoin and Beanie diamond value is based on artificially limited supply. Why do you think Beanies diamonds are worth so much?

Please educate me.

Fixed.

[Bitcoinstalker.com]

Why? Both Bitcoin and Beanie diamond value is based on artificially limited supply. Why do you think Beanies diamonds are worth so much?

Please educate me.

Fixed.

Why not both? Diamonds are [arguably] pretty, industrial diamonds aren't worth shit. Beanies are [arguably] soft and fuzzy, common Beanies aren't worth shit.
What am I missing?

P.S. Some diamond stats:

[Suspicious link removed]j.net/public/resources/images/OB-FP067_ROI002_NS_20100211185354.gif[/img] [Suspicious link removed]j.com/articles/SB10001424052748704337004575059723597630174

Code:

 [Suspicious link removed]j.com/articles/SB10001424052748704337004575059723597630174

Geesh!

Amazing paranoia! Replace "suspicious link removed" with "WS," or google "Diamonds Aren't an Investor's Best Friend - WSJ"

[lemmyK]

http://www.tweaktown.com/news/52960/bitcoins-new-anti-inflation-code-means-twice-work-same-profits/index.html
 

[noobtrader]

pls understand that he talk about the price of "a share"  of bitcoin... which could mean anything. he was an expert indeed. 

[siera]

BTC is priceless!

[600watt]

trolling is strong. bullish.

[Tippingcoin]

Maybe if we had some volume... First time I've seen it fall below $100mil/24hr here http://coinmarketcap.com/

[BitUsher]

ATM's being emptied and reports of a bank run occurring in Italy -

https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/banking-panic-in-italy/

http://www.bbc.com/news/business-36708357
http://www.capitalandconflict.com/market-updates/italy-at-war-with-the-european-central-bank/
http://www.cnbc.com/2016/07/06/bank-runs-bailouts-and-downgrades-what-italys-future-could-look-like.html

There doesn't appear any end to these bank failures and crisis's in sight.

Bullish for Bitcoin

[Elwar]

ATM's being emptied and reports of a bank run occurring in Italy -

https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/banking-panic-in-italy/

http://www.bbc.com/news/business-36708357
http://www.capitalandconflict.com/market-updates/italy-at-war-with-the-european-central-bank/
http://www.cnbc.com/2016/07/06/bank-runs-bailouts-and-downgrades-what-italys-future-could-look-like.html

There doesn't appear any end to these bank failures and crisis's in sight.

Bullish for Bitcoin

[Tippingcoin]

ATM's being emptied and reports of a bank run occurring in Italy -

O noes! That's where Third Installment of Bitcoin Scaling Event Is Set To Happen!
The one where we (and by 'we,' I mean sovereign individuals representing only their sovereign selves) and the miners (by 'miners,' I of course mean owners of the 3 top pools and major Chinese exchanges) come to the final consensus (I still don't really know what I mean by 'consensus').

[aminorex]

ATM's being emptied and reports of a bank run occurring in Italy -

I can't believe I'm saying this:  I will believe it when I see it on zerohedge.

[TooDumbForBitcoin]

ATM's being emptied and reports of a bank run occurring in Italy -

I can't believe I'm saying this:  I will believe it when I see it on zerohedge.

Is a bank run where the banks chase people down the street and gore them?

[Recordura]

^Other way around.

[Fakhoury]

ATM's being emptied and reports of a bank run occurring in Italy -

I can't believe I'm saying this:  I will believe it when I see it on zerohedge.

Is a bank run where the banks chase people down the street and gore them?

At last I've found a meaning for your username

[JimboToronto]

Good morning Bitcoinland.

Still going sideways 2 days after halving non-event.



Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that.

[TooDumbForBitcoin]

Good morning Bitcoinland.

Still going sideways 2 days after halving non-event.



Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that.

If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.

[USB-S]

Good morning Bitcoinland.

Still going sideways 2 days after halving non-event.



Is anyone surprised? It's like a solstice. The weather doesn't radically change overnight. Even a beanie baby should be able to see that.

If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.

[MayorMccheese]

If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.

To go with your analogy, "the amount of sunshine" is not "permanently cut in half by 50% overnight."
The amount of sunshine is still increasing, but increasing at a slower rate, TooDumbForBitcoin

[JimboToronto]

If the amount of sunshine were permanently cut in half by 50% overnight, the weather would change radically.

The amount of Bitcoin wasn't cut in half. The rate of change was.

Try again.