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

[Globb0]

if Xhomerx10 stopped making hats

Hatoshi

[1714776935]

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[JayJuanGee]

Digitizing existing fiat funds will be a smart decision to get a more stable financial system in the world that is not specifically tied to the dollar, as is the case in big business. Bitcoin is seen as a custodian of value, why not banks to develop their own coins.

Of course, it seems that in the short to medium term we are going to witness all kinds of playing around when it comes to various entities getting in the money printing business, and of course, BIG banks that are tied to a variety of national currencies have already been in the process of printing money and digitizing money for years and years and years, so I am not sure if there is anything new going on in terms of the bank money printing business.

Bitcoin has surely drawn some attention to the money printing "problem," so I doubt that digitizing is really the hinge about what is going on and what are the dynamics and incentives that bitcoin brings to the whole world financial system that has gone down a road of ongoing money printing problemas.

In the end, whether BIG banks digitize or not, they are likely NOT going to be able to control ongoing evolution of public sentiment that is likely to progress because of systems like bitcoin, so yeah, it could take decades to work out the various battles, yet so long as bitcoin does not screw up, seems like the vast majority of value is going to continue to gravitate into bitcoin, even if there are various kinds of smoke and mirror attempts from various status quo financial institutions that might attempt to suggest that bitcoin brings digitization of money when in reality bitcoin is really bringing responsibility in terms of money.. and in terms of really having a rules system that is enforced by nodes that will likely continue to incentivize responsibility within bitcoin, and central systems do not really have anything that incentivizes them to compete with bitcoin because ultimately centralized systems devolve into money printing - and bitcoin is, so far, the best incentive structure that is enforced by massive computer decentralized proof of work that reframes the whole monetization away from printing more coins.

[Arriemoller]

if Xhomerx10 stopped making hats

Hatoshi

Bless you.

[Arriemoller]

Digitizing existing fiat funds will be a smart decision to get a more stable financial system in the world that is not specifically tied to the dollar, as is the case in big business. Bitcoin is seen as a custodian of value, why not banks to develop their own coins.

Of course, it seems that in the short to medium term we are going to witness all kinds of playing around when it comes to various entities getting in the money printing business, and of course, BIG banks that are tied to a variety of national currencies have already been in the process of printing money and digitizing money for years and years and years, so I am not sure if there is anything new going on in terms of the bank money printing business.

Bitcoin has surely drawn some attention to the money printing "problem," so I doubt that digitizing is really the hinge about what is going on and what are the dynamics and incentives that bitcoin brings to the whole world financial system that has gone down a road of ongoing money printing problemas.

In the end, whether BIG banks digitize or not, they are likely NOT going to be able to control ongoing evolution of public sentiment that is likely to progress because of systems like bitcoin, so yeah, it could take decades to work out the various battles, yet so long as bitcoin does not screw up, seems like the vast majority of value is going to continue to gravitate into bitcoin, even if there are various kinds of smoke and mirror attempts from various status quo financial institutions that might attempt to suggest that bitcoin brings digitization of money when in reality bitcoin is really bringing responsibility in terms of money.. and in terms of really having a rules system that is enforced by nodes that will likely continue to incentivize responsibility within bitcoin, and central systems do not really have anything that incentivizes them to compete with bitcoin because ultimately centralized systems devolve into money printing - and bitcoin is, so far, the best incentive structure that is enforced by massive computer decentralized proof of work that reframes the whole monetization away from printing more coins.

Don't engage the account farmers please.

[Arriemoller]

^^
See! I said "please" instead of "or I will cut you", I'm getting soft.

[LUCKMCFLY]

Nice Chart..

This chart is hard to read but I believe it says “Buy bitcoin and hodl for 4+ years”.

Source: https://twitter.com/ChartsBtc/status/1201889745040576512


I also see it as buying and Hodl!

[Last of the V8s]

Surprised !!!, the thread of Bitcoin Prehistory is on the list.
Bitcoin Prehistory   2019-03-31 15:54:42   244.87   198.62
Caption results
https://bitcointalk.org/index.php?topic=5206366.0
(Link to the thread: https://bitcointalk.org/index.php?topic=5126554.0)

Did one each for you, fillippone, MPOE-PR and Elwar; marcus_of_a, miaviator and OG threads didn't get picked up oddly enough.

[BitcoinGirl.Club]

Think big, look at the long future!


https://uk.tradingview.com/chart/BTCUSD/BeCC7tnV-BITCOIN-just-for-fun-look-at-the-dates-millions-PER-BITCOIN/

[VB1001]

Surprised !!!, the thread of Bitcoin Prehistory is on the list.
Bitcoin Prehistory   2019-03-31 15:54:42   244.87   198.62
Caption results
https://bitcointalk.org/index.php?topic=5206366.0
(Link to the thread: https://bitcointalk.org/index.php?topic=5126554.0)

Did one each for you, fillippone, MPOE-PR and Elwar; marcus_of_a, miaviator and OG threads didn't get picked up oddly enough.

Thx, I hope you were rewarded for my thread.

Thanks to everyone who participated! If you voted in this event, you received 1 merit; if your caption appeared in the first table above, you also received 10, and if your caption appeared only in the second table above, you also received 2.

[fillippone]

Surprised !!!, the thread of Bitcoin Prehistory is on the list.
Bitcoin Prehistory   2019-03-31 15:54:42   244.87   198.62
Caption results
https://bitcointalk.org/index.php?topic=5206366.0
(Link to the thread: https://bitcointalk.org/index.php?topic=5126554.0)

Did one each for you, fillippone, MPOE-PR and Elwar; marcus_of_a, miaviator and OG threads didn't get picked up oddly enough.

Ah!
Thank you very much for the support in the contest,  it I think the most voted ones were actually epic threads!

[JayJuanGee]

Do you think we are stupid in this thread?
Creating a whole bunch of newbie accounts and then have a debate with yourself, and believing we wouldn't figure that out? Get the fuck out of this thread or I will cut you.

dude can you do your account farming somewhere else please?
we're busy here

^^
What he said.

If OP doesn't moderate them to zero, I'll just tag them all and the problem quickly resolves itself. That was way beyond obvious.

Those kinds of accounts can really fuck up a thread if they are not nipped in the bud... so thanks guys for your negative/neutral trust commentaries on those accounts.

I believe that the "we are now the new wealthy elite, gentlemen," thread got locked because of the persistence of such abusive account creation/posting behaviors.

[Last of the V8s]

@Big Cat and the Stallion - you're welcome!@Dalmar = You have said nothing of substance there. Be off with you, foul spammer.

[JayJuanGee]

dude can you do your account farming somewhere else please?
we're busy here

micgoossens emptying a crazy load right now

Don’t worry about the account farming, I got this.

Yeah, that's unfair, he says "please" and gets 10, I say "cut" and get 1

Arriemoller, the whiner, squeak a little and get some greasenings...

hahahahahaha

Nice that we have a bit of variety around here.  Not everyone can be sane normies, like some WO posters who I know (personally) (who shall remain unnamed).  

 

[JayJuanGee]

Bitcoin 6k 2017! Bitcoin 6k 2018! Bitcoin 6k 2019! Bitcoin 2020?

I sense a pattern, here.


OMG


We might be doomed.

[VB1001]

Surprised !!!, the thread of Bitcoin Prehistory is on the list.
Bitcoin Prehistory   2019-03-31 15:54:42   244.87   198.62
Caption results
https://bitcointalk.org/index.php?topic=5206366.0
(Link to the thread: https://bitcointalk.org/index.php?topic=5126554.0)

Did one each for you, fillippone, MPOE-PR and Elwar; marcus_of_a, miaviator and OG threads didn't get picked up oddly enough.

Ah!
Thank you very much for the support in the contest,  it I think the most voted ones were actually epic threads!

fillipone, if you want you can translate the thread and publish it in your local section, no problem, I think I remember that it was already published in 1 or 2 local sections of their respective countries.

[infofront]

dude can you do your account farming somewhere else please?
we're busy here

They have, literally, the rest of the entire forum for that shit.

[P_Shep]

So here we have P_Shep



Credit to Basorexia for making the card, I hope I could provide some subtile touches 

Btw I know he knows where this is going to  #nohomo but we had a fun time....

You take the pole, I'll work the oar, and we'll try not to tip CryptoQueen into the Cherwell

[El duderino_]

dude can you do your account farming somewhere else please?
we're busy here

micgoossens emptying a crazy load right now

Don’t worry about the account farming, I got this.

Yeah, that's unfair, he says "please" and gets 10, I say "cut" and get 1

Dammit and sorry.......

BUT

via Imgflip Meme Generator

And I missed your post, but luckily I could fix it

[El duderino_]

Bitcoin 6k 2017! Bitcoin 6k 2018! Bitcoin 6k 2019! Bitcoin 2020?

Your post doesn't make any sense.

2019 for instance was fantastic, imagine buying on January 1 and selling at the end of June, difficult to expect such profit within such a short period outside the crypto world.
2020 will be quite poor though with a price not moving as much as usual. Could be wrong, we will see!

Didn't read much sense from you as well in the WO and way less out the WO   

[makrospex]

What would really drive worldwide adoption?

Biometric scans and mobile devices, maybe?
This means everybody must have a smartphone or device that is able to process QR codes and do OCR (scan bitcoin addresses), which is additionally offering a retina-scan camera, fingerprint sensor, saliva-analyzer or similar, to make sure that only the owner of the device can access the private key, decrypt the seed, handle transactions (and so on).

As cool and clever BTC might be, as hard and risky it is to use for average joe. He wants to flick an rfid card, maybe enter a short pin code, but that's it. Everything more inconvenient will scare him off, and average jane even more. Simple interfaces using secure backend solutions.

Don't call me names, i'm just brainstorming.
Who wants to join?

Brainstorming has a simple rule: No criticism allowed.
Instead of "You can't do X, because Y..." it's "To achieve X, you need to realize Y first, (which is dependent on A,B,C...)"
It's strictly constructive.

Anybody in?

EDIT: Maybe there's an existing thread, please point me to it if you know. If not and this starts to get somewhere, i'd start a new thread and ask the mod to move over existing comments.