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

[Crazy]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

[adamstgBit]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

what wouldn't you do for 1K BTC?

[bnjmnkent]

My productivity these last few days has been 0... All free time is spent staring at charts.

+1 me 2

[Coinseeker]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

+1

[RoadStress]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.

Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.

[adamstgBit]

My productivity these last few days has been 0... All free time is spent staring at charts.

+1 me 2

lol me too

all weekend i was ok i have to catch up on work

didnt work out like that... 

[humanitee]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

+1

Store of value.

Done.

[Spaceman_Spiff]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

Take-out food?  Hard for us to guess what you are aware of, right?  
By the way, after the dutch and german sites of lieferservice.de and thuisbezorgd.nl, the french, brittish and belgian versions of the site now also accept bitcoin.

[adamstgBit]

maybe i can find someone willing to do my work for me, anyone know who C++,  ill pay BTC  

[BRADLEYPLOOF]

maybe i can find someone willing to do my work for me, anyone know who C++,  ill pay BTC  

Yes, and okay!

EDIT: Do your work for you or work on side projects?  I love using C++ and I love getting more BTC so...

[FTWbitcoinFTW]

some guy outsourced his job on china for 3 years !
Try it

[maz]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.

Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.

Say it's half investment/hoarding and a large part currency exchange, purchase on BTC-China, transfer to stamp and withdraw USD. Either way if the Chinese government decide they don't like it then there will be problems. Your right though, we don't know what's being said in the upper echelons of the Chinese government. Is this a convenient tool for them to undermine the dollar? But why apply such strict regulations to the yuan and then let your subject's flaunt those rules?

China isn't America, so if the shit hit's the fan, people will be less Bitcoin-rambo as heads roll when the government say so.

[bitcodo]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.

Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.

On other hand China want to go global.
Boost for London as China agrees to loosen yuan investment rules

[Mirsad]

C++ dev? 70$ per hour at least. Experienced devs get double the rate here.
So it won't be cheap. But you probably find some chinese or indian guy who works for 5$ per hour.

[Carlor]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.

Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.

Say it's half investment/hoarding and a large part currency exchange, purchase on BTC-China, transfer to stamp and withdraw USD. Either way if the Chinese government decide they don't like it then there will be problems. Your right though, we don't know what's being said in the upper echelons of the Chinese government. Is this a convenient tool for them to undermine the dollar? But why apply such strict regulations to the yuan and then let your subject's flaunt those rules?

China isn't America, so if the shit hit's the fan, people will be less Bitcoin-rambo as heads roll when the government say so.

If there is anyone with a brain in the communist party, China will not take any kind of action against bitcoins.
If I were a Chinese leader I would praise the great Satoshi

[adamstgBit]

maybe i can find someone willing to do my work for me, anyone know who C++,  ill pay BTC  

Yes, and okay!

EDIT: Do your work for you or work on side projects?  I love using C++ and I love getting more BTC so...

its a joke... i enjoy working on my project. I work for my dad we have a software poeple love to use.

[Crazy]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.

Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.

I didn't say there was no other usage, I said I'd like to know what they are because I'm unaware of them. Did you miss the part where I said I'm open to that sort of information that would alter my opinion? The fact is if you ask anyone that question, you'll get back "store of value" or "investing" or "moving money out of a country." Two of those are of course not really utility if it's self evident, right? If the only utility the currency possesses ceases to exist, i.e. no longer reliably stores value but instead loses value or can't hold value because no one will buy, is it no longer a currency since it now has no utility? Heh. China using it to move money... sure, might be true. But if you think they won't clamp down on that bitch when they want to, you're mistaken. That's shaky ground to place such valuation. But some people love to gamble, so best of luck.

[crazy_rabbit]

Why are you comparing regular models with Bitcoin? Why is this a bubble and not a mass adoption somewhere on Earth? What are the differences? How do you know now there are just people rushing in and not wider bitcoin usage?

Usage where and for what? I'm open to that notion but I have no news of such possibility. For what use are they being adopted that I'm unaware of?

It seems that the most of the traffic comes from China. I bet you don't know anything about China and why are they using Bitcoin right now. Until you find out you can't emit any statement because you just don't know. There can be several reasons. Maybe the communist party doesn't allow people to have more than X amount of cash on their possesion, maybe it's hard to move money there, maybe maybe maybe.

Edit: made a quick google search and found this "China employs strict currency regulations that are designed to prevent large amounts of currency moving out of the country" So there is a real use there if that's still the case. I bet there can be many more that for us maybe are useless.

Say it's half investment/hoarding and a large part currency exchange, purchase on BTC-China, transfer to stamp and withdraw USD. Either way if the Chinese government decide they don't like it then there will be problems. Your right though, we don't know what's being said in the upper echelons of the Chinese government. Is this a convenient tool for them to undermine the dollar? But why apply such strict regulations to the yuan and then let your subject's flaunt those rules?

China isn't America, so if the shit hit's the fan, people will be less Bitcoin-rambo as heads roll when the government say so.

Of course, wouldn't it be a bit easier for the government to track money going in and out of China if they regulate the exchanges, versus regulating the banks? Fiat wise? No one is really considering that people are leaving their fiat for Bitcoin, so it's a nice way to undermine the Dollar and gain more control.

[Crazy]

If there is anyone with a brain in the communist party, China will not take any kind of action against bitcoins.
If I were a Chinese leader I would praise the great Satoshi

Yeah see, I don't foresee a nation that controls and manipulates 99% of its economy to embrace something "free market."

[pepto]

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