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

[tarmi]

I dont know for the rest of the herd, but I find this situation bullish as fuck.

[Richy_T]

So, when is someone going to buy an island, start a farm, power plant, ISP, and waste water treatment facility that does everything in bitcoin?  Then, we can say F*** fiat, lets price everything in BTC.  I'd rather pay a set BTC price every freakin' time then buy a couple pizzas worth a few million dollars a couple years later. 

Any takers?  That'd be the easiest way to start a TRUE BTC economy that's not dependent on the Fiat->BTC relationship.  Granted, it would probably take a little while to get going, but it would be awesome...

I understand Risto's Bitcoin Supernode Hideaway is intended to be all Bitcoin. I'm not sure what his timeline on getting that up and operational is.

[BRADLEYPLOOF]

Is there a link I could browse and perhaps contribute time/effort/$$$ to?

[ChartBuddy]

Explanation

[edwardspitz]

How to set up your own Aminorex-style prediction monkey:
(Avoid the robotic arm - sometimes the monkey gets angry.)

lol  

[Torque]

How to set up your own Aminorex-style prediction monkey:
(Avoid the robotic arm - sometimes the monkey gets angry.)

lol  

It's a Rube Goldberg machine
http://en.wikipedia.org/wiki/Rube_Goldberg_machine

[tarmi]

ltc pumpers on btc-e trying to push btc down, but it's a no go.

man, ltc will crash hard sooner or later.

[anujjain]

ltc pumpers on btc-e trying to push btc down, but it's a no go.

man, ltc will crash hard sooner or later.

Every altcoins will crash one day, only BTC will survive, mostly altcoins just copied.

[aminorex]

Slander!  My monkey is free-range.  Also, LOL.

[tarmi]

ltc pumpers on btc-e trying to push btc down, but it's a no go.

man, ltc will crash hard sooner or later.

Every altcoins will crash one day, only BTC will survive, mostly altcoins just copied.

yes, they will fail, cause they dont offer anything in comparison to bitcoin.

I like monero though.

But litecoin is just a trash that keeps us from going to the moon.

[_javi_]

stamp wants to dump, while huobi wants to rally 

[Mervyn_Pumpkinhead]

ltc pumpers on btc-e trying to push btc down, but it's a no go.

man, ltc will crash hard sooner or later.

Every altcoins will crash one day, only BTC will survive, mostly altcoins just copied.

Most of the present bitcoin community goes by the same mentality. They dream of technological stagnation, so they could get rich without doing any work. They wish that the technology wouldn't evolve past bitcoin. The only thing they wish is to change places with the leeches, who currently earn by interest. They wish to become the leeches themselves, who would earn by deflation.

Bitcoin used to be innovative and fun. Now it's the last desperate hope for all the cab drivers and grocery clerks. The last sad hope that maybe they will still become rich without any education or practical intelligence.
The interesting things are currently happening in the world of altcoins. Bitcoin is not about organic development of technology, not any more. Now, bitcoin is about attempts to abuse technology to feed the leeches.

Luckly, I'm pretty sure that the leeches won't win. If look at history, then we will see that technology will evolve and will overcome this blind religion that thrives on stagnation.

[adamstgBit]

stamp wants to dump, while huobi wants to rally 

maybe on the 12hour view.

back up a little you'll see they are both rallying , and we are down 3% for the week. good time to buy ?

[ChartBuddy]

Explanation

[adamstgBit]

ltc pumpers on btc-e trying to push btc down, but it's a no go.

man, ltc will crash hard sooner or later.

Every altcoins will crash one day, only BTC will survive, mostly altcoins just copied.

Most of the present bitcoin community goes by the same mentality. They dream of technological stagnation, so they could get rich without doing any work. They wish that the technology wouldn't evolve past bitcoin. The only thing they wish is to change places with the leeches, who currently earn by interest. They wish to become the leeches themselves, who would earn by deflation.

Bitcoin used to be innovative and fun. Now it's the last desperate hope for all the cab drivers and grocery clerks. The last sad hope that maybe they will still become rich without any education or practical intelligence.
The interesting things are currently happening in the world of altcoins. Bitcoin is not about organic development of technology, not any more. Now, bitcoin is about attempts to abuse technology to feed the leeches.

Luckly, I'm pretty sure that the leeches won't win. If look at history, then we will see that technology will evolve and will overcome this blind religion that thrives on stagnation.

the tech behind every coin is the same, it is Bitcoin tech. the minor "improvements" alts claim to have are not important what is important is the usability of the coin.

sure buy some alts and go have fun playing in their community, for serious business use bitcoin.

[BBmodBB]

stamp wants to dump, while huobi wants to rally  

maybe on the 12hour view.

back up a little you'll see they are both rallying , and we are down 3% for the week. good time to buy ?

ESPN/BITPAY looks like mainstream adoption!!!! BTC FOOTBULL!!!!! ===>

http://www.businessinsider.com/bitcoin-bowl-announcement-2014-6


 

[CoinHamster]

a lot of late evening action at huobi...
seems that they try to cash out before the chinese will go to sleep???
looks like bitstamp is not affected
 

[maok]

Now it's the last desperate hope for all the cab drivers and grocery clerks... Bitcoin is not about organic development of technology, not any more.

Wow, Im pretty sure that anywhere in the world you go and ask a cab driver what bitcoin is, they never heard of it.

As for development of technology, bitcoin is barely scratching the surface, there are more developers working on bitcoin related software, hardware, than there are in most technological fields at the moment. Imagine 1-2 years from now, when all those MIT and other universities students graduate what will they come up with. Altcoins brought nothing new to the table, Bitcoin was about decentralization of money and is the main cord that keeps all the altcoins alive. If I'll lose faith in Bitcoin I'll lose faith in decentralized money meaning in all crypto currencies.

[fonzie]

China and BTC-e preparin a massive LTC pump, people are switchin over. BTC will most likely stagnate for the duration of the LTC pump.

[magicmexican]

LTC on the pump!