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

[adamstgBit]

They don't have to stop Bitcoin.  All they have to do is publicly link it to terrorism and block the flow of money.  It will then be unpatriotic for any US business to even ACCEPT Bitcoins, let alone become a legal money transmitter.  Delusions, delusions...everywhere delusions.  Without the US, Bitcoin is DEAD!

You know it's people like you who make me wish the rest of the world would just drop all their nuclear bombs on the US and wipe it from the face of the earth. Bitcoin doesn't need you or the US, I hope they officially ban it today in your country and label it as terrorism so I don't have to deal with pompous US nationalist people like you ever again.

please no hating on this thread,

 americans != american government

i think the US has made it pretty clear they will leave bitcoin itself alone, they will simply require strict records to be keep as to who is cashing in and out of bitcoin.

[1714950042]

1714950042

[1714950042]

1714950042

[Rampion]

They don't have to stop Bitcoin.  All they have to do is publicly link it to terrorism and block the flow of money.  It will then be unpatriotic for any US business to even ACCEPT Bitcoins, let alone become a legal money transmitter.  Delusions, delusions...everywhere delusions.  Without the US, Bitcoin is DEAD!

You know it's people like you who make me wish the rest of the world would just drop all their nuclear bombs on the US and wipe it from the face of the earth. Bitcoin doesn't need you or the US, I hope they officially ban it today in your country and label it as terrorism so I don't have to deal with pompous US nationalist people like you ever again.

please no hating on this thread,

 americans != american government

i think the US has made it pretty clear they will leave bitcoin itself alone, they will simply require strict records to be keep as to who is cashing in and out of bitcoin.

You are absolutely right. Let's go back to the wall observing.

[Hawker]

Ya, and if bitcoin actually requires us to use TOR or a VPN, how would that benefit mass adoption? That would kill it entirely.

You do not need mass adoption. Sure, to see the $300k per BTC predicted by rptard you need mass adoption. But I personally don't need to see $300k per BTC.

I'm happy with a system that gives me and the ones like me monetary freedom. A decentralized, trust-free system which allows me to store and transfer value independently from financial institutions. A system that no Government can kill, where my funds cannot be seized.

...snip...

This is exactly how I see it as well.  I don't really care what happens to the dollar and the euro and whatever.  I'm sure they will all outlive all of us.  But Bitcoin is a "free" as in "free speech" alternative and even if it has to be used over TOR, its evolution is one of the great developments of our lifetimes.

BTW, if the US did decide to ban Bitcoin, they would start by arresting Gavin.  While he remains free to do presentations and code, Bitcoin is not threatened at all by the US.  The inconveniences we see are due to money-laundering laws.

[Rampion]

Ya, and if bitcoin actually requires us to use TOR or a VPN, how would that benefit mass adoption? That would kill it entirely.

You do not need mass adoption. Sure, to see the $300k per BTC predicted by rptard you need mass adoption. But I personally don't need to see $300k per BTC.

I'm happy with a system that gives me and the ones like me monetary freedom. A decentralized, trust-free system which allows me to store and transfer value independently from financial institutions. A system that no Government can kill, where my funds cannot be seized.

Yes, it sounds like "paradise" for black market. The truth is that it is, and what Coinseeker does not seem to understand is how fucking big is black market's economy. But it's also a paradise for those who want an hedge on the current, rotten financial system - as telemaco just said.

If you are worried about not seeing mass adoption and thus "cheaper" coins, do not worry. As you can see with drugs, everything that is banned and difficult/dangerous to get comes with a premium. Yet, I do not think there will ever be 6 figures coins in a global ban scenario - but 4 figures coins? You can take it for GRANTED.

What I know is the US dollar is by far the most popular black market currency.  Again, maybe in bizzaro world, it's bitcoin but here on Earth, the US dollar is king.  Bitcoin...ummm....what's a Bitcoin?  

Your reasoning is so superficial that it makes me LOL (seriously). Bitcoin was born 3 years ago. It's still a baby. Give it some time, and then we'll speak.

[fr33d0miz3r]

Total ban of the Unted States. USA is becoming like Northern Korea soon. Isolated totalitarism/socialism.
But Bitcoin grows up.


Perfect Money:



BTC-E:



WebMoney:



Coinseeker, you are stupid nationalist & pseudo patriot.

[ardana123]

Ya, and if bitcoin actually requires us to use TOR or a VPN, how would that benefit mass adoption? That would kill it entirely.

You do not need mass adoption. Sure, to see the $300k per BTC predicted by rptard you need mass adoption. But I personally don't need to see $300k per BTC.

I'm happy with a system that gives me and the ones like me monetary freedom. A decentralized, trust-free system which allows me to store and transfer value independently from financial institutions. A system that no Government can kill, where my funds cannot be seized.

Yes, it sounds like "paradise" for black market. The truth is that it is, and what Coinseeker does not seem to understand is how fucking big is black market's economy. But it's also a paradise for those who want an hedge on the current, rotten financial system - as telemaco just said.

If you are worried about not seeing mass adoption and thus "cheaper" coins, do not worry. As you can see with drugs, everything that is banned and difficult/dangerous to get comes with a premium. Yet, I do not think there will ever be 6 figures coins in a global ban scenario - but 4 figures coins? You can take it for GRANTED.

What I know is the US dollar is by far the most popular black market currency.  Again, maybe in bizzaro world, it's bitcoin but here on Earth, the US dollar is king.  Bitcoin...ummm....what's a Bitcoin?  

Can dollars be transmitted anonymously and within minutes over the internet like bitcoins can? I think Bitcoin is a huge thorn in the eyes of the US right now (since the price surge and increase in publics awareness of it), and they are figuring out ways to hit it hard as we speak.

[Coinseeker]

Your reasoning is so superficial that it makes me LOL (seriously). Bitcoin was born 3 years ago. It's still a baby. Give it some time, and then we'll speak.

[Coinseeker]

Can dollars be transmitted anonymously and within minutes over the internet like bitcoins can? I think Bitcoin is a huge thorn in the eyes of the US right now (since the price surge and increase in publics awareness of it), and they are figuring out ways to hit it hard as we speak.

The only people that need to transmit money anonymously, are criminals and tax evaders.  Within minutes?  You mean like 60 minutes.    I can transfer via Ripple in seconds for nothing and I won't have to worry about my accounts being seized because they accept regulation as a good thing, not tyranny.  Of course, some people just want nothing more than to go back to the crash of 2008, caused entirely by the deregulation of banks and the financial sector.   Brilliant! 

[Richy_T]

What I know is the US dollar is by far the most popular black market currency.  Again, maybe in bizzaro world, it's bitcoin but here on Earth, the US dollar is king.  Bitcoin...ummm....what's a Bitcoin?  

The US dollar is king but there's a lot of countries that wish that it weren't. Of course, actually trying to do something about it will cause problems with the country which prints it like it's going out of fashion.

Certainly you're not incorrect in many aspects, the US is certainly going to attempt to go after Bitcoin seriously at some point. The question really is how soon and what the outcome actually will be. We could point to similar examples; prohibition, the war on drugs to look at possible futures but there's really no good way to tell and making naked assertions just betrays a strong naivety. After all, can you see Google in this picture?

[Rampion]

Adam, could you pretty please open the "Wall Observer - RippleXRP wall movement tracker - only Coinseeker allowed" thread?

[telemaco]

Ya, and if bitcoin actually requires us to use TOR or a VPN, how would that benefit mass adoption? That would kill it entirely.

You do not need mass adoption. Sure, to see the $300k per BTC predicted by rptard you need mass adoption. But I personally don't need to see $300k per BTC.

I'm happy with a system that gives me and the ones like me monetary freedom. A decentralized, trust-free system which allows me to store and transfer value independently from financial institutions. A system that no Government can kill, where my funds cannot be seized.

Yes, it sounds like "paradise" for black market. The truth is that it is, and what Coinseeker does not seem to understand is how fucking big is black market's economy. But it's also a paradise for those who want an hedge on the current, rotten financial system - as telemaco just said.

If you are worried about not seeing mass adoption and thus "cheaper" coins, do not worry. As you can see with drugs, everything that is banned and difficult/dangerous to get comes with a premium. Yet, I do not think there will ever be 6 figures coins in a global ban scenario - but 4 figures coins? You can take it for GRANTED.

Gold was seized and reclaimed by the federal authorities for many many years (i think from the 29 crisis until the sixties) and his possession has been forbidden several times during the history.

Fiat is going to hell (euros, dollars).

So how long will it take you to pay for all of their overspending?

•         To pay back one million dollars, at a rate of one dollar per second, would take you 11.5 days.
•         To pay back one billion dollars, at a rate of one dollar per second, would take you 32 years.
•         To pay back one trillion dollars, at a rate of one dollar per second, would take you 31,688 years.
The median American household income is about $50,000 per year. That translates to less than one tenth of one cent per second.
So, if your family earns $50,000 per year, and if you spend none of that on food, rent, transportation, income tax or even pursuing your own happiness, and if you take all of your family’s household income and use it — not to pay down the government’s current debt, but just to pay down the $1 trillion in new debt that the government overspends each year – it would take your family 32 million years to pay for it.
                                                                       
Now, multiply that by 16 – because the government is now $16 trillion in debt – to see how long it will take for you to pay it back. 

That’s five hundred and twelve million years.  Yes, 512,000,000 years.


Read more: http://www.foxnews.com/opinion/2012/09/07/how-long-will-it-take-us-to-pay-back-16-trillion-in-debt/#ixzz2Uc41ZTQi

China is not looking good. Japan bonds look horrible. Europe is going really bad and USA aswell. We have global warming (or cooling) coming and several thousand million humans on the earth surface. Things are going to get ugly.

Where can one put his money? stamps? IMF sdr's (you need countries that go well together for that)?

Gold is really great as a store of value but bitcoin has something special: It is really great for international payments. Something that is the actual niche for the decaying fiat dollar. You cannot order (or well you can but it will be way harder and slower) 500 tons of grain from Argentina to China or whatever from country A to B with physical gold (yes you can i know but we are not in the medieval ages): Bitcoin is way better for that. It is also a good store of value.

It might depend how big is the crisis and the internet penetration. For urban areas, international or long distance payments or for countries with high usage of internet bitcoin will have its niche. If everything goes to hell (or things look really bad during some years) gold and silver will also be really good for local payments. People won't like to see fiat not even in a picture.

[Frozenlock]

Of course, some people just want nothing more than to go back to the crash of 2008, caused entirely by the deregulation of banks and the financial sector.   Brilliant! 

If you could stop trolling, that'd be great. M'kay?

[fr33d0miz3r]

Of course, some people just want nothing more than to go back to the crash of 2008, caused entirely by the deregulation of banks and the financial sector.   Brilliant! 

If you could stop trolling, that'd be great. M'kay?

+1.

[Hawker]

Where are the bears when i need them? Can someone dump 4k coins plz? I have a buy order sitting at $125  

By the way, 'b formations' usually fail at the end of a trend, this one will fail? or can we expect one more dip testing $125?

I have an order for 400 Bitcoin sitting at 117.1 for weeks now.  Bloody bears are never around when you need them!

[Coinseeker]

What I know is the US dollar is by far the most popular black market currency.  Again, maybe in bizzaro world, it's bitcoin but here on Earth, the US dollar is king.  Bitcoin...ummm....what's a Bitcoin?  

The US dollar is king but there's a lot of countries that wish that it weren't. Of course, actually trying to do something about it will cause problems with the country which prints it like it's going out of fashion.

Certainly you're not incorrect in many aspects, the US is certainly going to attempt to go after Bitcoin seriously at some point. The question really is how soon and what the outcome actually will be. We could point to similar examples; prohibition, the war on drugs to look at possible futures but there's really no good way to tell and making naked assertions just betrays a strong naivety. After all, can you see Google in this picture?

All Bitcoin has to do is drop it's "libertarian, destroy every government nonsense" and SUBMIT to regulations.  That's all.  And Bitcoin will be $300k per coin in no time.  What's it going to be?

[Miz4r]

They don't have to stop Bitcoin.  All they have to do is publicly link it to terrorism and block the flow of money.  It will then be unpatriotic for any US business to even ACCEPT Bitcoins, let alone become a legal money transmitter.  Delusions, delusions...everywhere delusions.  Without the US, Bitcoin is DEAD!

You know it's people like you who make me wish the rest of the world would just drop all their nuclear bombs on the US and wipe it from the face of the earth. Bitcoin doesn't need you or the US, I hope they officially ban it today in your country and label it as terrorism so I don't have to deal with pompous US nationalist people like you ever again.

please no hating on this thread,

 americans != american government

i think the US has made it pretty clear they will leave bitcoin itself alone, they will simply require strict records to be keep as to who is cashing in and out of bitcoin.

I don't hate Americans, I'm just fed up with the attitude of superiority that Coinseeker shows and represents. He's so stereotypical of what people dislike about the US that it almost seems like a deliberate act. Ofcourse I don't want to see an entire country bombed because of a few people that annoy me. I don't really care about countries, we all live and breath on the same planet and nobody is superior or better than the other.

[Hawker]

...snip...

All Bitcoin has to do is drop it's "libertarian, destroy every government nonsense" and SUBMIT to regulations.  That's all.  And Bitcoin will be $300k per coin in no time.  What's it going to be?

It is what it is a free alternative to fiat currency.  Once regulated, it would be worthless.  

[Hawker]

...snip...
I don't hate Americans, I'm just fed up with the attitude of superiority that Coinseeker shows and represents. He's so stereotypical of what people dislike about the US that it almost seems like a deliberate act. Ofcourse I don't want to see an entire country bombed because of a few people that annoy me. I don't really care about countries, we all live and breath on the same planet and nobody is superior or better than the other.

It is a deliberate act.  Al he has to do is make a "Without the USA all puppies will die" message and he gets to see people say "Puppies will be fine without the USA" posts.

Don't take it too seriously.  Coinseeker certainly doesn't.

[nagnagnag2]

During the last 2 hours, it has only been 32 BTC bought and 135 BTC sold in euro.

During the last 30 minutes, it has only been 78 BTC bought and 96 BTC sold in dollars.

It's boring now so which channel can I watch paint dry?

[KillaMarci]

It's boring now so which channel can I watch paint dry?

Not quite what you were looking for, but just as interesting.


http://www.watching-grass-grow.com/