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

[ErisDiscordia]

No, I live in the real world.  I understand the mainstream.
  

Yes, of course. And I suppose you also know what's best for those people in the mainstream and what they really want  

[PrintMule]

And a couple of years ago they were freeing the Iraqi's from Saddam Hussein..... oh the irony

Don't make me laugh

[Its About Sharing]

Please stop quoting Coinseeker.

Yes please, I ignored him but I still get to see his fear mongering crap because of people quoting him.

+1

Think about something. What does ignoring coinseeker do? It makes those few hundred who post regularly here not challenge him and makes those reading those posts to not see any challenge. So, the other 10's of thousands who just read, start to actually be influenced by him. It is much better to "challenge" and debate posts we disagree with, at least those that have some assemblance of intelligence - which unfortunately his do. That is why I find his kind dangerous. They can look at you with a straight face and say they mean no harm and they are trying to help, all the while clenching the hidden knife harder in their hands. What some won't do for money.

Coinseeker - What I find amazing is that you have so much time just to say bad things. I mean, think about it. What is your purpose here? Are you trying to save others? IF you are then stop posting false stuff like BTC is illegal and other nonsensical things. Again, it is why you are so clearly to me here to manipulate the price. Wouldn't it be better to spend all the time you spend here posting negative things, be better spent posting somewhere where you are trying to do some good and not just be a downer?

Anyway, give this time. The AOL CD's (BTC wallets and services) are just getting started. Regardless of how well BTC does, we are more than likely going to see some very interesting innovations in the next 6 - 12 months. I mean, I am no longer an IT expert, many years removed but I was able to figure out how use most of the BTC tools and such.

[Pale Phoenix]

Seems the love of money does trump hardcore principles after all.  Hmmm....imagine that.

I don't think anyone seriously ever believed that, did they?

Anyway, I went through the poker stuff years ago and the adult biz before that. The government rattles it's sabers and takes down a few big players and then moves on to something else. They will never stop people from doing the things they want to do, they just make it require a little more creativity, e.g. US residents are still playing online poker.

That said, knowing what a hard on the Feds have for online gambling, I can't believe evoorhees has been so public about his ownership of that site. Seems reckless.

All of this is interesting for those of us trading, but I don't think it has anything to do with the success of Bitcoin.

[dexX7]

Anyway, give this time. The AOL CD's (BTC wallets and services) are just getting started. Regardless of how well BTC does, we are more than likely going to see some very interesting innovations in the next 6 - 12 months. I mean, I am no longer an IT expert, many years removed but I was able to figure out how use most of the BTC tools and such.

Sorry, AOL CD?

[Pale Phoenix]

Which is good. The US can't do shit to them, they're a huge company, they're extremely popular, it's a huge boost for Bitcoin. The more non-US businesses we have dealing with Bitcoins the better.

Yeah, this is actually the best news in a while. Adoption of Bitcoin by entrenched players that make it easy to buy goods and services is much more exciting than VC investment into new exchanges, etc.

[ChartBuddy]

[Coinseeker]

Seems the love of money does trump hardcore principles after all.  Hmmm....imagine that.

I don't think anyone seriously ever believed that, did they?

Anyway, I went through the poker stuff years ago and the adult biz before that. The government rattles it's sabers and takes down a few big players and then moves on to something else. They will never stop people from doing the things they want to do, they just make it require a little more creativity, e.g. US residents are still playing online poker.

That said, knowing what a hard on the Feds have for online gambling, I can't believe evoorhees has been so public about his ownership of that site. Seems reckless.

All of this is interesting for those of us trading, but I don't think it has anything to do with the success of Bitcoin.

Bitcoin is not poker.  Poker does not require mass adoption.  Bitcoin is a currency commodity and thus requires mass adoption to be successful and actually become a real currency.  This is going to be the easiest takedown in the history of the USG.  Once Bitcoin is carved in the minds of Americans as illegal, risky, funding of terrorism, etc...the brand is dead.  The same business' that may currently be considering adoption will flee forever.  And don't let a real terror organization get linked to Bitcoin.  It will be unpatriotic to support Bitcoin, in the minds of Americans.

[Coinseeker]

Anyway, give this time. The AOL CD's (BTC wallets and services) are just getting started. Regardless of how well BTC does, we are more than likely going to see some very interesting innovations in the next 6 - 12 months. I mean, I am no longer an IT expert, many years removed but I was able to figure out how use most of the BTC tools and such.

Sorry, AOL CD?

Sorry, CD?

[Coinseeker]

No, I live in the real world.  I understand the mainstream.
  

Yes, of course. And I suppose you also know what's best for those people in the mainstream and what they really want  

I know what they want, what's best for people is subjective.

[Its About Sharing]

Anyway, give this time. The AOL CD's (BTC wallets and services) are just getting started. Regardless of how well BTC does, we are more than likely going to see some very interesting innovations in the next 6 - 12 months. I mean, I am no longer an IT expert, many years removed but I was able to figure out how use most of the BTC tools and such.

Sorry, AOL CD?

Remember in the early days of the internet how those damn AOL cd's were all over the place? Many of us IT "geeks" hated them and thought it was a waste. Who needed that to connect? Just put your information in manually and then connect to the internet. I remember laughing that AOL stock was $5, man that wasn't worth it. Anyway, I called Amazon, Ebay and a host of other internet companies correctly, but I missed the one right in front of my nose due to my tech conditioning.

Well now, the wallets and much of the BTC technology is a bit non user friendly - quite rough around the edges for non computer people. The analogy here is that we are just getting started and perhaps some of the die hard BTC people don't see how we need "AOL CD" like things to make this journey easier for us.

That said, we are quite close to that. IT is not rocket science to make better wallets (e.g. - easily scan and import your private key and BTC's, not have to download the whole 7Gb of data with the standard client, etc.)

[fr33d0miz3r]

Sorry, CD?

Why not a Flash Disk?  

[Pale Phoenix]

Think about something. What does ignoring coinseeker do?

Echo chambers are bad, but there's a difference between legitimate argument and FUD. Coinseeker is fast becoming Elmer FUD.

[Ultraviolet]

You're severely overestimating the effect of propagandized rhetoric in today's world. This isn't 2001 anymore.

I'm heavily in favour of evaluating the risk of an assault by the US Government, but the reality is today a large scale assault on Bitcoin will only serve to propel it into the mainstream because once the counter-forces in society start to ask the question "What really _is_ Bitcoin?" they will investigate it in all due seriousness and find that the fundamental protocol and idea is excellent and solid.

It will actually serve to help Bitcoin in the medium and long term. It will def crash the price on Gox in the short term though.

[samson]

Bitcoin is not poker.  Poker does not require mass adoption.  Bitcoin is a currency commodity and thus requires mass adoption to be successful and actually become a real currency.  This is going to be the easiest takedown in the history of the USG.  Once Bitcoin is carved in the minds of Americans as illegal, risky, funding of terrorism, etc...the brand is dead.  The same business' that may currently be considering adoption will flee forever.  And don't let a real terror organization get linked to Bitcoin.  It will be unpatriotic to support Bitcoin, in the minds of Americans.

You overvalue the opinions of Americans. Bitcoin will continue with or without them.

Most terrorism is funded in USD as it's the world standard right now.

[Coinseeker]

Sorry, CD?

Why not a Flash Disk?  

No, even better.  A Zip disk!   

[Its About Sharing]

Seems the love of money does trump hardcore principles after all.  Hmmm....imagine that.

I don't think anyone seriously ever believed that, did they?

Anyway, I went through the poker stuff years ago and the adult biz before that. The government rattles it's sabers and takes down a few big players and then moves on to something else. They will never stop people from doing the things they want to do, they just make it require a little more creativity, e.g. US residents are still playing online poker.

That said, knowing what a hard on the Feds have for online gambling, I can't believe evoorhees has been so public about his ownership of that site. Seems reckless.

All of this is interesting for those of us trading, but I don't think it has anything to do with the success of Bitcoin.

Bitcoin is not poker.  Poker does not require mass adoption.  Bitcoin is a currency commodity and thus requires mass adoption to be successful and actually become a real currency.  This is going to be the easiest takedown in the history of the USG.  Once Bitcoin is carved in the minds of Americans as illegal, risky, funding of terrorism, etc...the brand is dead.  The same business' that may currently be considering adoption will flee forever.  And don't let a real terror organization get linked to Bitcoin.  It will be unpatriotic to support Bitcoin, in the minds of Americans.

Money is mass adopted already. There is a HUGE need for quicker and cheaper transactions. There is a huge need for a cheaper paypal and a way of sending money Western Union style but easier and cheaper. There are so many opportunities.

You see, we don't even need mass adoption to be successful. We need less than 1% adoption. We are at a fraction of a percentage as is and the price is already over $100 a share. That is not a coincidence. It is not a coincidence that some big VC's are saying BTC is HUGE. We can see, you can only fear...

Further, this isn't about America. There is the rest of the world. It would be easier to go at it with America, but certainly we don't have to.

Where do you get off on the bull statements time and time again you manipulator you? Most money laundering and drug trades occur in dollars, not bitcoins. The money laundering occurs via big big banks as it is in the billions of dollars. Bitcoin is not in that arena.

People can see you as a phony because you are so one sided and non stop at that. But that is ok, everyone needs help at times.
There is a reason we are already quite successful, you might want to spend some of your time there as well and not make your one sided attacks so obvious.

[Its About Sharing]

Think about something. What does ignoring coinseeker do?

Echo chambers are bad, but there's a difference between legitimate argument and FUD. Coinseeker is fast becoming Elmer FUD.

I agree, it is getting out of hand. I'm all for free speech when it is driven by intelligence. But how can one keep up the nothing but negative attacks without getting even a warning?
The board would be a better place with him and those like him off it. At least keep it on topic, which it is getting away from.

[Dargumin]

Bitcoin has stayed surprisingly stable in the face of this weeks news about Dwolla and yesterdays DDOS attack. The price not going down will have instilled confidence (even if the only reason it didn't go down was because people were buying into BTC so they could get out of MtGox)  Add to this the Webmoney announcement and it looks like the price is due another tussle with $120.  

[Pale Phoenix]

Once Bitcoin is carved in the minds of Americans as illegal, risky, funding of terrorism, etc...the brand is dead.

This is an exaggeration of recent events at best, which relate to one company's (completely avoidable, most likely) issue with a regulator. As for Satoshi Dice, that has been reckless for an American to own all along.  It has nothing to do with Bitcoin.

Connecting these events to a government plot to tie BTC to terrorism is an example of rhetorical gymnastics worthy of McKayla Maroney.