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

[FractalUniverse]

new technologies do not get outlawed and never did. and bitcoin is a new technology.

new technology=blockchain they will not ban it of course.

but what im afraid of is that states+banks+multinational companies will use the technology to create their own [controlled] tokens. And when they are ready few years from now, they could start prohibiting  other cryptos from financial transactions. its impossible to ban people from sending bitcoin transactions, but they can ban e-shops/exchanges from accepting them for purchases payments, and push for their own controlled coins instead.
what would be bitcoin without ability to use it for buying stuff?

[Neo_Coin]

new technologies do not get outlawed and never did. and bitcoin is a new technology.

new technology=blockchain they will not ban it of course.

but what im afraid of is that states+banks+multinational companies will use the technology to create their own [controlled] tokens. And when they are ready few years from now, they could start prohibiting  other cryptos from financial transactions. its impossible to ban people from sending bitcoin transactions, but they can ban e-shops/exchanges from accepting them for purchases payments, and push for their own controlled coins instead.
what would be bitcoin without ability to use it for buying stuff?

It would be interesting to find out how much percentage of bitcoins are used to purchase goods and services, how to trade and how much for long-term investment as safe haven. 

[btcbeliever]

new technologies do not get outlawed and never did. and bitcoin is a new technology.

new technology=blockchain they will not ban it of course.

but what im afraid of is that states+banks+multinational companies will use the technology to create their own [controlled] tokens. And when they are ready few years from now, they could start prohibiting  other cryptos from financial transactions. its impossible to ban people from sending bitcoin transactions, but they can ban e-shops/exchanges from accepting them for purchases payments, and push for their own controlled coins instead.
what would be bitcoin without ability to use it for buying stuff?

can always trade bitcoin for cash face to face.  They will never be able to prevent that, as long as paper money still exists.

[jojo69]

as long as paper money still exists.

exactly, that might not be as long as we would like

[El duderino_]

Next week probably. Buying every dip.

Thats the MAIN job this times buying dips 😁

[Last of the V8s]

https://www.youtube.com/watch?v=fyZ-HlWFk78 world crypto network
coupla chinese miners. some interesting insights.

[becoin]

Who sold at the bottom?

[Neo_Coin]

new technologies do not get outlawed and never did. and bitcoin is a new technology.

new technology=blockchain they will not ban it of course.

but what im afraid of is that states+banks+multinational companies will use the technology to create their own [controlled] tokens. And when they are ready few years from now, they could start prohibiting  other cryptos from financial transactions. its impossible to ban people from sending bitcoin transactions, but they can ban e-shops/exchanges from accepting them for purchases payments, and push for their own controlled coins instead.
what would be bitcoin without ability to use it for buying stuff?

can always trade bitcoin for cash face to face.  They will never be able to prevent that, as long as paper money still exists.

No one can forbid two people to swap two strings of 49 characters.

[gembitz]

Maybe you're too young to remember that there was a prohibition of exporting pgp tech out of the US, until it was abolished after it leaked anyway.

I do remember that. Crypto was treated as a weapon, so code couldn't be exported. But books could, so there were chapters full of code printed in OCR-friendly fonts.

It's hard to ban ideas.

#Alexandriaproject Florins bitcoin SegWit testnet is fundamentally disruptive #expectus #hackation

https://poloniex.com/exchange#btc_flo

Bitcoin Socrates Meetup ===> Bitcoin to da mooon!!    

[Solarbankers]

Ready to climb back! Next target: +5,000 USD!

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● ICO launch October - November 2017 ● PRE-ICO OPEN NOW! 86% OFF! ●
— Facebook — Twitter — BTC Talk Thread — Telegram

[conspirosphere.tk]

can always trade bitcoin for cash face to face.  They will never be able to prevent that, as long as paper money still exists.

No, but if (when) they will abandon paper money and move to state crypto-fiat only we would be allowed to exchange decentralized crypto for state crypto only. And then we'll find to be all fu-ked, since they will have full control of state crypto (who has what etc.), with full power of censoring any tx or balance, unless some state-crypto mixer will be developed, which is quite unlikely.

[gembitz]

I leave the country on vacation, and BTC is taking it harder in the ass than my partner. What is going on ?!

Sheeit.

BTCBTC $1OOOO-$1OOOOO ===> new target   weeee

[jojo69]

gotta test 4250 first

[gentlemand]

https://www.youtube.com/watch?v=fyZ-HlWFk78 world crypto network
coupla chinese miners. some interesting insights.

It's sodding amazing how little we hear from the Chinese side of things. We need more of this. Plenty more.

[CoinCube]

Who sold at the bottom?

I bought at $4,600

PBS is putting out specials on bitcoin.
https://www.reddit.com/r/Bitcoin/comments/6xssq4/pbs_just_made_a_great_bitcoin_video/

Forbes is writing articles titled: Bitcoin Is The New 'Gold'
https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#6537f84c3b36

ZeroHedge: is openly speculating that a bitcoin ETF will be approved sooner than is commonly expected.
http://www.zerohedge.com/news/2017-09-01/bitcoin-surge-new-record-highs-above-4800-amid-renewed-etf-hope

Not a good time to sell imho

[savetherainforest]

^^^
This...

Bitcoin is such a mechanical brute! .. Now we can go some more up! Up! UPP!PP!P!P!P!P!!!!!!!!!!!    

[YamashitaRen]

00:29:08 4649.9 655.659

Buy order on Bitfinex

[rezurect]

new technologies do not get outlawed and never did. and bitcoin is a new technology.

new technology=blockchain they will not ban it of course.

but what im afraid of is that states+banks+multinational companies will use the technology to create their own [controlled] tokens. And when they are ready few years from now, they could start prohibiting  other cryptos from financial transactions. its impossible to ban people from sending bitcoin transactions, but they can ban e-shops/exchanges from accepting them for purchases payments, and push for their own controlled coins instead.
what would be bitcoin without ability to use it for buying stuff?

It would be interesting to find out how much percentage of bitcoins are used to purchase goods and services, how to trade and how much for long-term investment as safe haven.  

A shitload to trade I bet.

[Last of the V8s]

Tell us all your private keys or we'll

eat all your pies.

[BitcoinNewsMagazine]

I hate to be a Debbie Downer but I do not like the risk/reward for btc right now. If we manage to break through $5000 I see a maximum of $5500 to $7000 before a major (meaning painful) correction. I am talking about $2500 to $2800, 50% correction or back to the weekly 20 MA. You know it will come, we just don't know when. I would rather wait for a huge discount to buy. I hope I am wrong, really, but I doubt it.