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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26408610 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
wachtwoord
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May 28, 2014, 03:55:42 PM

price will never go below 570 again.

It was below 570 less than an hour ago Tongue

never again.

Want to bet? I say lower than 570 within a year versus you say not lower than 570 within a year (on Bitstamp). If I'm right you send me 0.5 BTC if you're right I send you the equivalent of $285 in Bitcoin on 28/5/2015 Cheesy

This offer is valid for 10 minutes Wink
adamstgBit
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May 28, 2014, 03:58:25 PM

price will never go below 570 again.

It was below 570 less than an hour ago Tongue

never again.

Want to bet? I say lower than 570 within a year versus you say not lower than 570 within a year (on Bitstamp). If I'm right you send me 0.5 BTC if you're right I send you the equivalent of $285 in Bitcoin on 28/5/2015 Cheesy

This offer is valid for 10 minutes Wink

i prefer not to gamble and just buy and hodl
wachtwoord
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May 28, 2014, 04:00:30 PM

price will never go below 570 again.

It was below 570 less than an hour ago Tongue

never again.

Want to bet? I say lower than 570 within a year versus you say not lower than 570 within a year (on Bitstamp). If I'm right you send me 0.5 BTC if you're right I send you the equivalent of $285 in Bitcoin on 28/5/2015 Cheesy

This offer is valid for 10 minutes Wink

i prefer not to gamble and just buy and hodl

Perfectly okay (and expected Wink)
ChartBuddy
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May 28, 2014, 04:00:34 PM


Explanation
ChrisML
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May 28, 2014, 04:02:01 PM

These bets people want to make on here.

Does this have something todo with: Look how big my internet cojones are? Enough with the bets, lmfao.


We need break out charts. LOTS of them. in 3.. 2..
CoinHamster
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฿ ฿ ฿ ฿ ฿


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May 28, 2014, 04:05:06 PM

It looks like the rocketlaunch has missed the train
4h RSI does not follow the 30min RSI
perhaps next time in about 8h when 30min RSI is down again...  Sad
 
 
oda.krell
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May 28, 2014, 04:05:32 PM

Jesus fucking christ I'd rather read about China banning bitcoin and be inundated with bear fud than read 5 pages all about our resident academic.

Can we move on... Please ?!

While I agree Jorge with you in Jorge Stolfi principle, it is Jorge Jorge Jorge important to remeJorge Stolfimber that we are morally obliged to JORGE JORGE JORGE
JimboToronto
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May 28, 2014, 04:05:50 PM

Jesus fucking christ I'd rather read about China banning bitcoin and be inundated with bear fud than read 5 pages all about our resident academic.

Can we move on... Please ?!

LOL
Richy_T
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May 28, 2014, 04:15:07 PM

These bets people want to make on here.

Does this have something todo with: Look how big my internet cojones are? Enough with the bets, lmfao.


We need break out charts. LOTS of them. in 3.. 2..

Yeah, and it always seems to be really big bets so they can make with some blah-blah-blah as an excuse to back out.
JorgeStolfi
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May 28, 2014, 04:19:05 PM

Look, the thing is that although you make some useful points, and you are consistently polite in doing so, you are becoming increasingly strident. The fact that you very selectively choose what to argue - and a lot of people have made some very good points against some of your mistaken assumptions recently - means that it's not really worth engaging with you. Literally no point, because you appear to ignore anything that doesn't fit with what you already believe and move on.
Obviously I argue while I believe I am right.  If a reply is convincing, I let the poster have the last word.  Isn't that enough?

But there are MANY reasons why I am skeptical of bitcoin's success, and many of the replies that I get are not only unconvincing, thet are just countering facts with statements of faith:

   Me: "Goevernments can effectively ban bitcoin, see China for example."
   Them: "Bitcoin is like the internet, it will find a way around any obstacle."

   Me: "Bitcoins may be scarce, but there are plenty of cyptocoins with equivalent or better protocols"
  Them: "Cryptocoins will die and bitcoin will not."

   Me: "Bitcoin is now more prone to theft and fraud than credit cards, see the numbers."
   Them: "Bitcoin will be much safer when it matures."

   Me: "Mining is already concentrated in a few companies, they may form a cartel and become like the bankers."
   Them: "It is a free market so that will not happen."

   Me: "The Satoshi 2009 blockchain already assigns XX% of all the money to a few thousand people."
   Them: "Wealth distribution will improve with time."

And so on and on.  Obviously I am not convinced by such answers, but how can I argue with statements of faith?



RandomPedestrianN9
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May 28, 2014, 04:23:02 PM

Look, the thing is that although you make some useful points, and you are consistently polite in doing so, you are becoming increasingly strident. The fact that you very selectively choose what to argue - and a lot of people have made some very good points against some of your mistaken assumptions recently - means that it's not really worth engaging with you. Literally no point, because you appear to ignore anything that doesn't fit with what you already believe and move on.
Obviously I argue while I believe I am right.  If a reply is convincing, I let the poster have the last word.  Isn't that enough?

But there are MANY reasons why I am skeptical of bitcoin's success, and many of the replies that I get are not only unconvincing, thet are just countering facts with statements of faith:

   Me: "Goevernments can effectively ban bitcoin, see China for example."
   Them: "Bitcoin is like the internet, it will find a way around any obstacle."

   Me: "Bitcoins may be scarce, but there are plenty of cyptocoins with equivalent or better protocols"
  Them: "Cryptocoins will die and bitcoin will not."

   Me: "Bitcoin is now more prone to theft and fraud than credit cards, see the numbers."
   Them: "Bitcoin will be much safer when it matures."

   Me: "Mining is already concentrated in a few companies, they may form a cartel and become like the bankers."
   Them: "It is a free market so that will not happen."

   Me: "The Satoshi 2009 blockchain already assigns XX% of all the money to a few thousand people."
   Them: "Wealth distribution will improve with time."

And so on and on.  Obviously I am not convinced by such answers, but how can I argue with statements of faith?





Ban this guy, he is trolling, spreading FUD, flaming and spamming lies.
adamstgBit
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May 28, 2014, 04:23:14 PM

BTC-e holding us back...
Bitcopia
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May 28, 2014, 04:25:31 PM

Jesus fucking christ I'd rather read about China banning bitcoin and be inundated with bear fud than read 5 pages all about our resident academic.

Can we move on... Please ?!

While I agree Jorge with you in Jorge Stolfi principle, it is Jorge Jorge Jorge important to remeJorge Stolfimber that we are morally obliged to JORGE JORGE JORGE

Why is Jorge even here? If he has purely academic interest in Bitcoin with no actual bitcoin holdings, then WTF is he doing posting the speculation sub-forum of bitcointalk.org?Huh Nobody posts anything even remotely academic here, including the self-proclaimed professor.
JorgeStolfi
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May 28, 2014, 04:26:55 PM

Imagine a room full of people, not a big room (a large garage maybe) and they and cooperating to build something.
I don't think that is a good analogy for this thread...  

Rather, a bar where a couple hundred random football fans are watching a game on TV and betting on it?   Wink
badpeanut
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May 28, 2014, 04:29:37 PM

Hey guys, what happen if we hit 50k+ per coin. Does the mining fees still stand at 0.0001 btc or does it get lowered during time?
wachtwoord
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May 28, 2014, 04:30:55 PM

Hey guys, what happen if we hit 50k+ per coin. Does the mining fees still stand at 0.0001 btc or does it get lowered during time?

It's getting lowered all the time.

In the end the miners will decide the prices in the open market Smiley
badpeanut
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May 28, 2014, 04:32:46 PM

Hey guys, what happen if we hit 50k+ per coin. Does the mining fees still stand at 0.0001 btc or does it get lowered during time?

It's getting lowered all the time.

In the end the miners will decide the prices in the open market Smiley

Ok thx, i tho so, seems weird if it hit 1mil per coin and the fees is 100 bux per transaction Cheesy
akujin
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May 28, 2014, 04:38:19 PM

Haha btce needs backup... Where are the whales?  Grin Grin
Their support line got breached  Grin Grin Grin
wachtwoord
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May 28, 2014, 04:42:51 PM

Haha btce needs backup... Where are the whales?  Grin Grin
Their support line got breached  Grin Grin Grin

Well, someone will start arbitraging if the delta with stamp becomes too large.
Blue
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May 28, 2014, 04:42:57 PM

with this hesitant run up I will change my strategy to

LODL   !!!

Laugh out loud [and DUMP inbetween] !!!
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