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

[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.

[Torque]

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.

Discussion here:

https://bitcointalk.org/index.php?topic=2410933.0

[itod]

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.

I love when someone fixes the problem that doesn't exist. Specially when solution to future problems are discussed and developed all over the place. Riddle me this, just for fun: If 0.00000001 BTC is worth $2/3 as you speculate, how much is 1 BTC worth?

When you realize how big that number is, you may google for lightning protocols which peg to BTC blockchain. You will find out that once 1 BTC is worth 200 million US$ you would have an option to open the lightning channel between you and Starbucks, and pay for the coffee for the rest of your life without ever having to pay the transaction fee on the main blockchain.

[gembitz]

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.

IB are such shills they are so pissed they cant mine btc on the typewriters :-D lmfao ===>


"What I am objecting to is linking bitcoin and other cryptocurrencies by federal regulations to the real economy, which would happen if we were to clear bitcoin along with other products in the same trading house,"

LOL ^DUH FOOL >.> BECAUSE BTC CLEARS WITHOUT YOUR FRAUDULENT SYSTEM!!! bwaahaha

[0rganic]

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?



[best thing I've seen all day LMAO]

[rolling]

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.

I love when someone fixes the problem that doesn't exist. Specially when solution to future problems are discussed and developed all over the place. Riddle me this, just for fun: If 0.00000001 BTC is worth $2/3 as you speculate, how much is 1 BTC worth?

When you realize how big that number is, you may google for lightning protocols which peg to BTC blockchain. You will find out that once 1 BTC is worth 200 million US$ you would have an option to open the lightning channel between you and Starbucks, and pay for the coffee for the rest of your life without ever having to pay the transaction fee on the main blockchain.

What is more likely to happen is that people keep using their VISA/Mastercard/PayPal for coffee and groceries and Bitcoin becomes the settlement layer between companies and countries. Even the lightning layer will be for businesses not for the average Joe.

[gembitz]

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.

I love when someone fixes the problem that doesn't exist. Specially when solution to future problems are discussed and developed all over the place. Riddle me this, just for fun: If 0.00000001 BTC is worth $2/3 as you speculate, how much is 1 BTC worth?

When you realize how big that number is, you may google for lightning protocols which peg to BTC blockchain. You will find out that once 1 BTC is worth 200 million US$ you would have an option to open the lightning channel between you and Starbucks, and pay for the coffee for the rest of your life without ever having to pay the transaction fee on the main blockchain.

What is more likely to happen is that people keep using their VISA/Mastercard/PayPal for coffee and groceries and Bitcoin becomes the settlement layer between companies and countries. Even the lightning layer will be for businesses not for the average Joe.

big pharma :-D lol

[ErisDiscordia]

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?

Quoting this because it is art.

[jojo69]

  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?