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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26490324 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
savetherainforest
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November 16, 2017, 04:52:46 PM



Quote
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... Cheesy Cheesy
rolling
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November 16, 2017, 04:52:58 PM

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
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November 16, 2017, 04:59:48 PM

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
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November 16, 2017, 05:00:03 PM

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
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November 16, 2017, 05:06:46 PM

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
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November 16, 2017, 05:08:13 PM

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
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November 16, 2017, 05:16:37 PM

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
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November 16, 2017, 05:20:29 PM

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
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November 16, 2017, 05:21:38 PM

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
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November 16, 2017, 05:23:19 PM

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
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November 16, 2017, 05:24:53 PM

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
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November 16, 2017, 05:25:15 PM

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
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diamond-handed zealot


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November 16, 2017, 05:26:48 PM


  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?



itod
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November 16, 2017, 05:28:23 PM

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.

Why would lightning layer not be for the average Joe? It could be literally without fees if he and Starbucks agree there should be no fees. What would be the incentive for any of sides, him and Starbucks, not to do it?
rolling
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November 16, 2017, 05:32:05 PM

Why would lightning layer not be for the average Joe? It could be literally without fees if he and Starbucks agree there should be no fees. What would be the incentive for any of sides, he and Starbucks, not to do it?

It is certainly possible and might even happen for a while but you don't need the worlds most secure network to secure coffee funds. Opening a lightning channel could still cost Starbucks or the customer $10-$100 in fees to open or close on the bitcoin network. More likely Starbucks would open a channel with your bank and it's suppliers and close the channel each day, week, month to settle the account.
bitcoinPsycho
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$120000 in 2024 Confirmed


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November 16, 2017, 05:39:24 PM

we going up again  ATH in the next 24 hours
GHCoins45
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November 16, 2017, 05:42:22 PM

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?



I'm good mate, cheers!

I'm good either way lol, I just saw a future where BTC was in every Joe's "pocket", to replace Visa/Mastercard.

But LN should fix that.
Syke
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November 16, 2017, 05:49:15 PM

You have no idea how hard it is trying to work today, with this giant throbbing erection I have right now.

Wish I had time to Photoshop today Sad

I've found a Wacom tablet mounted under the desk works well.
J4mie
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November 16, 2017, 05:50:10 PM

From $7500 to $7700 in 10 minutes
soullyG
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Decentralize everything


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November 16, 2017, 05:50:18 PM

Holy Carolina! $7700   Shocked Cool
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