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

[keithers]

There are several 800BTC+ transactions rolling through the blockchain right now.  Just went over to blockchain.info to check a few things, and there were a bunch of $500k+ transactions coming through one after another

[mah87]

It's just a matter of time for Ripple to take over bitcoin.

haha...is this a level?

Newcomer on bitcoin totally underestimate ripple and the revolution which is coming. Bitcoin will slowly disappear letting the space to the next innovations.

I can't believe there are real people writing this.

The lack of imagination is still high here but it will change. Denial is really something weird...

I know you guys need things to go mainstream to understand what's happening so here is a start...

http://www.businessinsider.com/ripple-profile-2014-3

Another example: In new york audition in january 2 people in the panel were Ripple investor (and also bitcoin investor of course) and another linked to Ripple as a councelor. The possibility that bitcoin could be take over by another incremental innovation has been exposed several times.

Furthemore the bitcoin adoption is based on potential revenue increase for the merchants (for example overstock;com) but it doesn'st really solve anything (at least right now) for the average joe. The volatility risk is also held by consumer and by some companies which are under capitalized (which means that if they have a small problem they die)...

So i'm not saying Ripple will be the innovation that will make you forget bitcoin, but if it's not ripple it will probably be another innovation like that.

Bitcoin is a start of a new financial technology field, not the holy graal. Try to keep that in mind.

You dear sir, are an idiot.

Please tell me how this is idiot i'm curious

[surfer43]

maybe people would take you more seriously if you circle jerked.

[mah87]

maybe people would take you more seriously if you circle jerked.

People keep repeating the same shit here. It's like "omg myspace is so incredible nobody could ever disrupt it...." Sure.

[roslinpl]

It's just a matter of time for Ripple to take over bitcoin.

Well maybe. THis is in Ripple plan to do it but it is not yet sure what is going to happen.

But - I wont mind if Ripple will do something good for all of us.

[surfer43]

maybe people would take you more seriously if you circle jerked.

People keep repeating the same shit here. It's like "omg myspace is so incredible nobody could ever disrupt it...." Sure.

Do you think I will live? I have 110 xrp.

[adamstgBit]

maybe people would take you more seriously if you circle jerked.

People keep repeating the same shit here. It's like "omg myspace is so incredible nobody could ever disrupt it...." Sure.

but bitcoin is more like TCP/IP

your argument is invalid.

colored coins it like the HTTP layer

you'll see pretty soon poeple will be using the Bitcoins tech without even knowing it 

[seriouscoin]

maybe people would take you more seriously if you circle jerked.

People keep repeating the same shit here. It's like "omg myspace is so incredible nobody could ever disrupt it...." Sure.

but bitcoin is more like TCP/IP

your argument is invalid.

Can you stop fcking quoting him? If you want to chat with the idiot you can PM him.....

Makes my head hurts by just reading his post, stupid ignore feature is complete useless.

[roslinpl]

Explanation

Hmm... don't like this down tender from few days it makes me worried...

[adamstgBit]

maybe people would take you more seriously if you circle jerked.

People keep repeating the same shit here. It's like "omg myspace is so incredible nobody could ever disrupt it...." Sure.

but bitcoin is more like TCP/IP

your argument is invalid.

Can you stop fcking quoting him? If you want to chat with the idiot you can PM him.....

Makes my head hurts by just reading his post, stupid ignore feature is complete useless.

others were quoting him,  so i got to see what he said, and i couldn't help myself had to respond...

[adamstgBit]

Explanation

Hmm... don't like this down tender from few days it makes me worried...

don't worry about it, just make sure you go full on panic sell mode at 570

 ...if it goes that low

[mah87]

maybe people would take you more seriously if you circle jerked.

People keep repeating the same shit here. It's like "omg myspace is so incredible nobody could ever disrupt it...." Sure.

but bitcoin is more like TCP/IP

your argument is invalid.

colored coins it like the HTTP layer

you'll see pretty soon poeple will be using the Bitcoins tech without even knowing it 

you could say the same thing for ripple which could be both TCP/IP and HTPP.

Anyway things are evolving quickly and we'll know soon(within 5years) what standards will stay or not. I'm still not sure bitcoin will win honestly, ripple is more evolved.

[hdbuck]

@mah87 since im not pretending to know what im doing anyway... im going to invest a bit in ripple.

[PoolMinor]

In that case you may want to consider: NXT, ORB, AUR, etc., please forgive me if I missed some other IPO/Super premine coins.

[wachtwoord]

@mah87 since im not pretending to know what im doing anyway... im going to invest a bit in ripple.

No, please don't listen to mah87. Ripple is the largest scam around. It's basically a 100% pre-mined coin with no actual mining to protect the network. It's a centralized alternative to Bitcoin. Yes so are fiat currencies.

I'd advocate buying Euros and Dollars over buying Ripple and considering my apathy against those that's saying something.

[mah87]

@mah87 since im not pretending to know what im doing anyway... im going to invest a bit in ripple.

Good for you but you better learn about it, I'm not talking here to push people to buy some XRP (even if I do like XRP ^^).

Colored Coins are really similar to Ripple. But, in my opinion, having this based on bitcoin blockchain is not an advantage, it's slow.

However Ripple could die if it can't achieve a critical mass, it could also become what bitcoin+colored coins try to do but in a better (no mining, electricity waste and power concentration between few miner) and faster way (instant validation +/- 5sec).

[KeyserSoze]

but bitcoin is more like TCP/IP
your argument is invalid.

Can you stop fcking quoting him? If you want to chat with the idiot you can PM him.....

You realize it is his moderated thread?

[lebing]

Its going down a bit more almost assuredly, but for the love of god dont panic sell at 550. its going to touch it again probably once more and never look back.

[mah87]

@mah87 since im not pretending to know what im doing anyway... im going to invest a bit in ripple.

No, please don't listen to mah87. Ripple is the largest scam around. It's basically a 100% pre-mined coin with no actual mining to protect the network. It's a centralized alternative to Bitcoin. Yes so are fiat currencies.

I'd advocate buying Euros and Dollars over buying Ripple and considering my apathy against those that's saying something.

talking about premining is stupid since there is no mining and this is a strength for ripple. This is also OpenSource and not centralized.


Furthemore when you see the concentration of power with only few miners and that 10 000 bitcoins holders own 75%+ of the bitcoins in circulation... This is really being in denial that bitcoin is FAR from being perfect and that the network is in the hand of very very few people...

[adamstgBit]

but bitcoin is more like TCP/IP
your argument is invalid.

Can you stop fcking quoting him? If you want to chat with the idiot you can PM him.....

You realize it is his moderated thread?

lol