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

[Arriemoller]

Cheesy, but fits the situation well...

https://youtu.be/PyeWRd7ZEBs

or this?
https://youtu.be/Wn9E5i7l-Eg

Or this? https://www.youtube.com/watch?v=W25_jgiY51I

There! That's very money! I hope it does it for you!

I actually have one of those, together with some other, older, inflation notes.

[JimboToronto]

Good morning Bitcoinland.

Looks like we're continuing to rise, albeit a little slower, and we're scrapping over $7.5k now... currently $7490USD/$9550CAD (Bitcoinaverage).

The overall old coin value (incl. forkcoins) is now $8677USD/$11065CAD (Coinmarketcap).

Bitcoin up a little, alts down a little, not much total change.

Another decent rally and we could be looking at an ATH though.

Go Bitcoin go.

[Arriemoller]

Indeed. Hopefully there will be a less anti Western / pro China / pro North Korea leader in charge soon..

Really? You mean Zims will be better if colonial status is reestablished in this country?

Of course not.
Trade doesn't mean we go back to the British rule / pillaging / apartheid days.

Surely it would be at least fruitful for the people of Zimbabwe and the Zimbabweans over here if the British prime minister made a statement about the situation in Zimbabwe and to at least state that Britain is open to have a conversation with whomever is in charge next to see if we can help.
The British government has already stated many times that foreign aid will not be cut. I don't see why a Zimbabwe without a dictator could not benefit from that.
There is life in the world outside of the EU and we should be keen to help considering the historical (mostly I agree negative) and language ties.

BUT BUT by help do you mean send in the economic hitmen with globalization? IMF Trojan loans etc? Or by help do you mean covertly funding a coup and/or economic sanctions against the population aka IRAQ/IRAN/N.KOREA/VENEZUELA/CUBA etc

Communist much?

[jojo69]

BUT BUT by help do you mean send in the economic hitmen with globalization? IMF Trojan loans etc? Or by help do you mean covertly funding a coup and/or economic sanctions against the population aka IRAQ/IRAN/N.KOREA/VENEZUELA/CUBA etc

both, with some resource extraction sweetheart deals thrown in to grease the wheels a bit

[GHCoins45]

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

[Remember remember the 5th of November]

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

If that happens, we can always add more decimal points, literally infinite actually.

But first we must fix transaction fees, they are huge.

[BitcoinBunny]

Woke up to news of a military coup underway in Zimbabwe.

Crazy times we live in. But it's overdue, those poor people have suffered enough..

Indeed. Hopefully there will be a less anti Western / pro China / pro North Korea leader in charge soon.
It would be good for the citizens if trade links with Britain and direct flights to Harare would be reestablished. Many Zims over here in the UK.

YOU ARE JOKING RIGHT???

Its not like the West (UK/Europe/USA) have a track record of raping, enslaving and pillaging in the African continent right?

Why dont those damn Africans and Middle Easterns hate us? Hmmmm let me think.... CHUMP

Your response sounds quite chumpish. My comment was simply a desire of hoping the best for the people if Zimbabwe. With your chumpish attitude one could justify it is ok to destroy all Germans today for the atrocities committed in the second world war and so on until not a single human being is left on the face of this earth. Good luck selling your Bitcoins or paying with them then.

If you think Zimbabwe is better of trading with asia that's fine.

From a practical stand point I don't see this improving the situation for ordinary Zims quickly. Beyond South Africa, the diaspora has mostly been to western countries from what I know.

[Remember remember the 5th of November]

Cheesy, but fits the situation well...

https://youtu.be/PyeWRd7ZEBs

or this?
https://youtu.be/Wn9E5i7l-Eg

Or this? https://www.youtube.com/watch?v=W25_jgiY51I

There! That's very money! I hope it does it for you!

I actually have one of those, together with some other, older, inflation notes.

The rocks look like a turd and the little golden mark on the right as a middle finger.

[Torque]

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

Find me even 10 coffee shops on the planet that accept bitcoin and then we can start talking.

Until then... or until Starbucks accepts it directly.... let's don't.

[BitcoinBunny]

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

Find me even 10 coffee shops on the planet that accept bitcoin and then we can start talking.

Until then... or until Starbucks accepts it directly.... let's don't.

Though I'm sure Roger Ver has visited 100 coffee shops in the last week where he was able to pay with BCH.

[BitcoinBunny]

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

Bitcoin is infinitely divisible from what I heard. They would just need to update the code / exchanges and wallets I would have thought.

[AlcoHoDL]

Do you think we will be able to use BTC in a couple of years to buy for example coffee?

It will be done when it needs to be done. And it should be done the right way. The tech already exists (Lightning Network). Currently it's not necessary, as coffee can be bought with $, €, £, etc., that everybody has in their wallets. Buying coffee with BTC doesn't solve any problem at all. There is no need to do something right now, just to prove something. It will be done when it needs to be done.

[vroom]

Do you think we will be able to use BTC in a couple of years to buy for example coffee?

It will be done when it needs to be done. And it should be done the right way. The tech already exists (Lightning Network). Currently, it's not necessary, as coffee can be bought with $, €, £, etc., that everybody has in their wallets. Buying coffee with BTC doesn't solve any problem at all. There is no need to do something right now, just to prove something. It will be done when it needs to be done.

There are also different kind of bitcoin credit cards available or coming soon. this should boost the daily use of bitcoin like buying coffee.

edit: this recent one for example: https://www.engadget.com/2017/11/15/london-block-exchange-bitcoin-dragoncard-uk/

[jojo69]

methinks this next breakout is going to be epic

[European Central Bank]

https://www.reddit.com/r/CryptoCurrency/comments/7dd43h/bch_has_a_problem_clashic_is_alive_replays/

bcash might have a little problem.

[savetherainforest]

Where it began, I can't begin to knowing
But then I know it's growing strong
Was in the spring
Then spring became the summer
Who'd have believed you'd come along

Hands, touching hands
Reaching out, touching me, touching you

Sweet Caroline
Good times never seemed so good
I'd be inclined
To believe they never would
But now I

Look at the night and it don't seem so lonely
We filled it up with only two
And when I hurt
Hurting runs off my shoulders
How can I hurt when I'm hodling you

One, touching one
Reaching out, touching me, touching you

Sweet Caroline
Good times never seemed so good
I'd be inclined
To believe they never would
Oh no, no

Sweet Caroline
Good times never seemed so good
Sweet Caroline
I believe they never could

Sweet Caroline

Hello... Caroliná...

[rolling]

https://www.bloomberg.com/news/articles/2017-11-15/bitcoin-surges-in-zimbabwe-after-military-moves-to-seize-power

Now $13.5k/BTC in Zimbabwe. Yes, that's priced in US Dollars...

[Torque]

methinks this next breakout is going to be epic

I can't say anything more about this year, but I have a funny feeling that next year might be even more epic than what we saw this year. Probably more than most of us expect will happen. And it could go very fast.

I mean if my pitiful 2017 prediction was any indication. I thought we'd end this year ~$1600-1800/btc. Pffft. And by all measures that still would have been a good year.

[xhomerx10]

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

  How sad for you that your dream of coffee for Bitcoin has died; that you wont be able to use Bitcoin for everyday expenses.   In life, periods of strife, loss and suffering are inevitable but you must remind yourself that these will pass.  Perhaps it would be better for your psyche to concentrate on broadening your outlook or maybe focussing on the better periods of your life - reflect on those times when things were going your way and you had the world by the balls.  

 Listen up everyone!  Please!  A moment of silence for GHCoins45's shattered dreams.

 Now, let's all have a listen while Carolina plays Schumann's Traumerei on the fiddle.



You good now?

[rolling]

https://www.cnbc.com/2017/11/15/thomas-peterffy-keep-bitcoin-away-from-the-real-economy.html

The chairman of Interactive Brokers is saying that futures trading of Bitcoin through CME could be the cause of the next financial collapse. He took out a full page ad in the Wall Street Journal to warn about it.