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

[cech4204a]

Chooo-Chooo, china has woke up, time for some flying high

[p0peji]

Chooo-Chooo, china has woke up, time for some flying high

CCMF 

[adamstgBit]

This is democracy: http://www.coindesk.com/china-orders-media-silence-on-global-bitcoin-summit/



axaxaxaxaxa   First Turkey shut down youtube etc...now China tries to mute Bitcoin....

Bitcoin is a symbol, a metaphor, a belief
That we are growing beyond the need for government, we have learnt that we can govern ourselves.
This thought, understanding, realization is only now propagating through the global consciousness.
China's firewall can slow this progress but it cannot stop it.

I choose to go to the MOON!

[PoolMinor]

So what did I miss? The price jogs up by merely 20$ and everyone posting trains and such?


Edit: I have seen this before, massive TTM and CCMF, next thing you know the price tanks. No thanks

[Mervyn_Pumpkinhead]

The symbol(s) of spending time at bitcointalk during friday nights

[Blue]

CCMF ?

= China China More FUD

[ChartBuddy]

Explanation

[shmadz]

This is democracy: http://www.coindesk.com/china-orders-media-silence-on-global-bitcoin-summit/



axaxaxaxaxa  First Turkey shut down youtube etc...now China tries to mute Bitcoin....

Bitcoin is a symbol, a metaphor, a belief
That we are growing beyond the need for government, we have learnt that we can govern ourselves.
This thought, understanding, realization is only now propagating through the global consciousness.
China's firewall can slow this progress but it cannot stop it.

I choose to go to the MOON!

I love Canadians. They're so idealistic.

perhaps even charmingly naive.

[TERA]

This is democracy: http://www.coindesk.com/china-orders-media-silence-on-global-bitcoin-summit/



axaxaxaxaxa   First Turkey shut down youtube etc...now China tries to mute Bitcoin....

Bitcoin is a symbol, a metaphor, a belief
That we are growing beyond the need for government, we have learnt that we can govern ourselves.
This thought, understanding, realization is only now propagating through the global consciousness.
China's firewall can slow this progress but it cannot stop it.

I choose to go to the MOON!

I'm confused. On one hand the bulls argue for bitcoin to be this free renegade anarchist currency. Then on the other hand, the same bulls are all about getting wall street involved, government invovled, regulations, oversight, aml/kyc, and paper-traded etfs. etc. I guess whatever concept provokes the most price increase in the context of the topic at hand is the right one to use for them.

[elux]

TO DA MOON!

[lcharles123]

I like more of PoS Coins. 

[Mervyn_Pumpkinhead]

I'm confused. On one hand the bulls argue for bitcoin to be this free renegade anarchist currency. Then on the other hand, the same bulls are all about getting wall street involved, government invovled, regulations, oversight, aml/kyc, and paper-traded etfs. etc. I guess whatever concept provokes the most price increase in the context of the topic at hand is the right one to use for them.

Yeah, it's a very confusing subject. Like bitcoin being about freedom and liberty, but the new coin supply rate would actually concentrate wealth even more then now. Bitcoin is VERY complicated and confusing, but the real educated experts know the answer, and the answer is .. to BUY... BUY... TAKE LOANS, TAKE MORTGAGES, SELL YOUR KIDNEYS.... WHATEVER... BUY....!!! At least that's what the experts think about the subject

[kireinaha]

prediction, in < 3 years china will be a free country, because bitcoin.

watch the story that is bitcoin unfold, live, here, now, in this epic thread!

In the future, this thread (or at least an abridged version) will be required reading in all public schools. "The story of how the distributed ledger brought freedom to the world".

[shmadz]

This is democracy: http://www.coindesk.com/china-orders-media-silence-on-global-bitcoin-summit/



axaxaxaxaxa   First Turkey shut down youtube etc...now China tries to mute Bitcoin....

Bitcoin is a symbol, a metaphor, a belief
That we are growing beyond the need for government, we have learnt that we can govern ourselves.
This thought, understanding, realization is only now propagating through the global consciousness.
China's firewall can slow this progress but it cannot stop it.

I choose to go to the MOON!

I'm confused. On one hand the bulls argue for bitcoin to be this free renegade anarchist currency. Then on the other hand, the same bulls are all about getting wall street involved, government invovled, regulations, oversight, aml/kyc, and paper-traded etfs. etc. I guess whatever concept provokes the most price increase in the context of the topic at hand is the right one to use for them.

personally I've grown a bit jaded lately. I cringe now when I hear people trying to pimp bitcoin on the masses. I don't think the masses are ready for bitcoin, and vice-versa.

I do not like the path we seem to be taking with all the regulation and stuff, but if it gains enough acceptance, within the mainstream (politicians now accepting donations in bitcoin)  -- this might allow for a blockchain-like accounting scheme for government programs.

Even if that is the only thing we get out of this,  I would consider Satoshi's experiment a success.

[TERA]

There's a good chance that once bitcoin is integrated with wallstreet, 'investing' in bitcoin is going to molded to fit in with every state law and inefficiency in with the existing system that bitcoin was created to avoid. I'd be suprised if the network itself was even used for anything useful at that point. Bitcoiners are sellouts. Everything is about raising the price and to-da-moon and deep down they just care about fiat.

[Mervyn_Pumpkinhead]

There's a good chance that once bitcoin is integrated with wallstreet, 'investing' in bitcoin is going to molded to fit in with every state law and inefficiency in with the existing system that bitcoin was created to avoid. I'd be suprised if the network itself was even used for anything useful at that point. Bitcoiners are sellouts.

I'm sad to say that bitcoin won't probably ever reach Wall Street. You can't sell an currency to someone, when half of it has been released during times, where it was used only for drug trade and various other illegal shenanigans. When a person has even a half a brain, then (s)he won't invest a meaningful amount into something, where (s)he has to have blind trust that some successful drug dealer just won't dump their 1mil.+ coins and run away with the money.
The idea of private open-sourced monetary systems will remain, and it will bring forward plenty of interesting opportunities. But bitcoin is a joke and a gimmick, just like the "financial experts" that hover around bitcoin.

[shmadz]

There's a good chance that once bitcoin is integrated with wallstreet, 'investing' in bitcoin is going to molded to fit in with every state law and inefficiency in with the existing system that bitcoin was created to avoid. I'd be suprised if the network itself was even used for anything useful at that point. Bitcoiners are sellouts. Everything is about raising the price and to-da-moon and deep down they just care about fiat.

Hey now, I said I was getting a bit jaded, but that's downright apocalyptic.

you might be right about bitcoin, but I think the blockchain idea is out of the bag now, and once public and charitable organizations begin to realize the benefits of being able to be completely transparent in their finances, I hope that they will see the advantage of that and this idea of accountable money will begin to take hold.

[JorgeStolfi]

Prediction, in 3 years all the wealth in the world will belong to the Chinese bitcoin miners. 

[shmadz]

Prediction, in 3 years all the wealth in the world will belong to the Chinese bitcoin miners. 

come on now prof, that's hardly an academic study. I know you just post here for the funzies, but I could predict that in the next 3 years half the global population could be wiped out and I think my prediction might actually be more likely than yours...

[JorgeStolfi]

Prediction, in 3 years all the wealth in the world will belong to the Chinese bitcoin miners. 

come on now prof, that's hardly an academic study. I know you just post here for the funzies, but I could predict that in the next 3 years half the global population could be wiped out and I think my prediction might actually be more likely than yours...

OK, I confess, that was pure trolling on my part.