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

[KeyserSoze]

I feel a bit of optimism on this board the last week.

I learned Bitcoin could save me $210 billion on my retail shopping which is nice because I never had that much to spend to begin with.
https://twitter.com/tuurdemeester/status/443779660002754562/photo/1

[billyjoeallen]

...

I think you have found one of your core competencies, sir.  You articulate these issues with clarity, and with passionate conviction.  If you successfully avoided chest thumping and upsmanship, you could distinguish yourself to lead an army of anarchists to victory.

I am reminded:  Darkest before dawn.

In my working class corning or the swamp, a certain amount of chest-thumping is tolerated and expected, but I do recognize that it doesn't translate well sometimes. I also recognize the irony of leading an anarchist army. When the only costs you can impose are opportunity costs, getting the incentives right is crucial.

[zyk]

Is there anybody in this mighty thread who has used bitcoin for actually purchasing something with it besides FIAT ?

I confess the one and only thing I bought were Marlboro from Moldavia....anybody else got annecdotal evidence that

craptofuck is actually replacing Fiat in more than 0.001 % of ones purchases in real life?

[686f646c]

i don't want to quote you because you are ignored by alot of people. I paid for a flight using bitcoin with cheapair.com and pay for online services i use with bitcoin when i can.

[hdbuck]

Is there anybody in this mighty thread who has used bitcoin for actually purchasing something with it besides FIAT ?

I confess the one and only thing I bought were Marlboro from Moldavia....anybody else got annecdotal evidence that

craptofuck is actually replacing Fiat in more than 0.001 % of ones purchases in real life?

give it time dude. give it time. for now people are more focused in gathering as much BTC as they can. since we are early adopters, might as well preempt the future purchasing power it shall give. Although people that were here for a long time have been living the good life so far and surely bought the shit outta overstock and so on... but give it time

[aminorex]

If you're looking for an apartment in New York, I recommend these guys:  http://www.bondnewyork.com/  They take bitcoin.

When in Midtown, be sure to stop at Kay's Newsstand.  I get my chewing gum and newspapers there: http://www.youtube.com/watch?v=2pEqM0dgQsQ  He takes bitcoin.

In the evening you might want to hit EVR http://money.cnn.com/2013/04/08/investing/bitcoin-bar-new-york-city/  They take bitcoin.

I think it will take a year or two before the majority of retail storefronts and service shops in NYC take bitcoin, but you can use it now, for many things.

[bitcoinvest]

I feel a bit of optimism on this board the last week.

I learned Bitcoin could save me $210 billion on my retail shopping which is nice because I never had that much to spend to begin with.
https://twitter.com/tuurdemeester/status/443779660002754562/photo/1

Now that is what i like the most... thank you i just found it here....

[billyjoeallen]

I'm still lacking answers on the whole "what if I decide to get a large crew together to violently take your shit" argument I presented earlier, as well.

That's why we have nation-states today.  The great 19th century innovation was total war.  Note that takings may be motivated by ideology as well as by colonialism.  Mutually assured destruction was effective at preventing a hot war during the late 20th century standoff between eastern and western blocs.  Studies of deterrence factors for crime indicate that severity of punishment is somewhat effective, but the most effective factors were promptness and assuredness of punishment.  Prompt and assured proportionate retaliation is the most effective deterrence to aggression.  This can be decentralized as well.  Switzerland has done this quite effectively.  Since every household was well-armed, even after fully encircling Switzerland, the Germans sought rapprochement rather than invading.  

Switzerland in the WWII era is informative. When dealing with a hostile threat, it's not necessary to possess the ability to defeat the aggressor. It is only necessary to present a less tempting target than the alternatives. Empires always crumble when the costs of administering colonies exceed the benefits of exploiting them.

[Syke]

Is there anybody in this mighty thread who has used bitcoin for actually purchasing something with it besides FIAT ?

https://bitcointalk.org/index.php?topic=378936.0

[billyjoeallen]

Is there anybody in this mighty thread who has used bitcoin for actually purchasing something with it besides FIAT ?

https://bitcointalk.org/index.php?topic=378936.0

cowboy boots and underwear at Overstock.com

[hdbuck]

I feel a bit of optimism on this board the last week.

I learned Bitcoin could save me $210 billion on my retail shopping which is nice because I never had that much to spend to begin with.
https://twitter.com/tuurdemeester/status/443779660002754562/photo/1

Now that is what i like the most... thank you i just found it here....

basically they are saying bitcoin isnt a currency but the underlying technology is promising.
so they are just going to come up with their own coin backed up with their "institution" as most people now still urge for f***** centralization and this might be a fatal blow to btc.

insight: friend of mine working in JP Morgan in London also confirmed they are kinda elaborating their own coin as we speak..  

i really dont know what to think of those banksters interest in BTC... except huge mistrust.

[aminorex]

i really dont know what to think of those banksters interest in BTC... except huge mistrust.

I think they will find that many many people will assiduously seek out the flaws in their system.  Compared to Mt.Gox, draining JPM or GS would be very appealing.  Not only to private individuals, but also to nation-states.

[podyx]

i'd be very surprised if large money genuinely wanna move in on centralized coins

[bitcoinvest]

few images from goldman

Let the Music Play!!!

Now that's what i call NEWS


Let's see now where the price is gonna be in a few weeks.....

I LOVE BITCOIN!!!!!

[KeyserSoze]

insight: friend of mine working in JP Morgan in London also confirmed they are kinda elaborating their own coin as we speak..  

They may succeed with novices but only until the banks fuck it up somehow, at which point people will begin to understand why they should support a coin not backed by any company/cartel.

[686f646c]

Is there anybody in this mighty thread who has used bitcoin for actually purchasing something with it besides FIAT ?

https://bitcointalk.org/index.php?topic=378936.0

cowboy boots and underwear at Overstock.com

http://upload.wikimedia.org/wikipedia/commons/4/46/Naked_Cowboy_on_Times_Square.jpg

forgive me i couldn't resist it

[conspirosphere.tk]

insight: friend of mine working in JP Morgan in London also confirmed they are kinda elaborating their own coin as we speak..  

JPMorgancoin? lol. I can't wait for it.

[KeyserSoze]

insight: friend of mine working in JP Morgan in London also confirmed they are kinda elaborating their own coin as we speak..  

JPMorgancoin? lol. I can't wait for it.

They'll be great for buying early and then shorting the shit out of (like all alts).

[aminorex]

insight: friend of mine working in JP Morgan in London also confirmed they are kinda elaborating their own coin as we speak..  

JPMorgancoin? lol. I can't wait for it.

They'll be great for buying early and then shorting the shit out of (like all alts).

Oh man, piling on naked shorts in JPM coin?  What competing banker could resist?

[KeyserSoze]

Oh man, piling on naked shorts in JPM coin?  What competing banker could resist?

Just admit that 686f646c's last post of the guitar cowboy made you think of barely resistible naked shorts. It's cool, man, it's cool. We're all friends here.