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

[tarmi]

I really dont care anymore for some late ebay, amazon adoption.

as far as I am concerned, all merchants adopting btc are late. it makes no sense anymore to pay something with btc.

[findftp]

I really dont care anymore for some late ebay, amazon adoption.

as far as I am concerned, all merchants adopting btc are late. it makes no sense anymore to pay something with btc.

Very true.
Holding is a much better strategy

[adamstgBit]

I really dont care anymore for some late ebay, amayon or other merchant adoption.

as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.

yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.

[hdbuck]

I really dont care anymore for some late ebay, amazon adoption.
as far as I am concerned, all merchants adopting btc are late. it makes no sense anymore to pay something with btc.

Very true.
Holding is a much better strategy

+1 f#ck the masses.

[Wandererfromthenorth]

I really dont care anymore for some late ebay, amayon or other merchant adoption.

as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.

yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.

Gotta quote that.

[Ivanhoe]

EBay is just a matter of time.


"We do believe that Bitcoin will play an important role in payments in the future, but we have nothing to announce," eBay spokeswoman Jennifer Hakes said.

[hdbuck]

I really dont care anymore for some late ebay, amayon or other merchant adoption.
as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.

yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.

Gotta quote that.

mehehe yea wtf adam?! what uncertainty? thought you never doubt it? ^^

[BitChick]

I really dont care anymore for some late ebay, amayon or other merchant adoption.

as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.

yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.

Right!? And that is why the people who purchased coins back then should be rewarded.

[Dump3er]

So eBay will be the new stronger Dell rally? 

Meaning: 200's booked?

[empowering]

One of the titans must fall this year: ebay, facebook, amazon, google.

I hope it's this year. If it's not, it's next year, unless it's not.

facebook and google do not really offer much in the way of services to common people, at least not one where you'd need to make a transaction.

amazon has shown little interest in accepting bitcoin, and ebay would be competing against itself (paypal).

e-bay CEO has as much said they are introducing BTC and new payment "wallets"

Meanwhile back at the ranch

[bigasic]

I thought Amazon was "thinking' about it.. but you guys are right. it would be a smart move to take bitcoin, it would save them millions each year... Netflix is another company that would benefit from bitcoin, they just provide a service and I would be more apt to buy a full year instead of them charging my credit card each month.

[JayJuanGee]

I question whether it would be o.k....

What does this ok mean exactly?

Maybe you do NOT realize that if you are NOT citing the whole quote, then you are citing the quote out of context. 

Additionally, from your question and from your fragmented, out of context quote, it appears that you are trolling rather than attempting to engage in substantive discussion of anything meaningful.

If I misunderstood you, then let me know, and we can start over..

Yes, you misunderstood me. Don't be so negative thinking, a troll trauma is explicable but not healthy for discussions ;-)

I did not understand the meaning of your statement, so I would be very pleased if you could deepen it.

I am just of the thinking that it could be difficult for BTC in the long term to recover from extended periods of downward price manipulation - b/c such sustained downward manipulation could cause too much exodus from the bitcoin space or even the marginalizing of bitcoin technology b/c of exiting and marginalizing of necessary bitcoin developments that are inspired by profit potential and potential for NOT taking seriously bitcoin... or even the investment into competitors that end up being worse than bitcoin.   

I could be wrong; however, b/c it is possible that even bitcoin could recover from such extensive downward price manipulation so long as behind the scenes developments are still taking place.  NONETHELESS, I am continuing to think that too low and too long manipulation of a price could be problematic for bitcoin.   

Also, by the way, I am NOT the only person to have made such a claim, so it is NOT like I am being innovative in my concern about prolong and extend downward BTC price manipulation.

[adamstgBit]

I really dont care anymore for some late ebay, amayon or other merchant adoption.
as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.

yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.

Gotta quote that.

mehehe yea wtf adam?! what uncertainty? thought you never doubt it? ^^

back in those days all i could say is, I Believe bitcoin is legitimate,  I Believe bitcoin has a future

now i can simply say, bitcoin is legitimate, bitcoin has a future.

[JayJuanGee]

To me, reading discussions of Monero and other anonymous coins on this public forum feels like watching a TV class on how to dig a tunnel into a building without being caught, or how to turn off all the security cameras in a bank by hacking into its network.  Does anyone else have a vague feeling of surreality, too?

Maybe.... but you have this kind of anonymity with cash, and there should be some way to make anonymity with digital money.. without necessarily implying criminal intentions.

[JayJuanGee]

My goodness the drivel on this thread is remarkable. It reminds me why I left.

So why don't you contribute something then?

Did, earlier today. Rather interesting paper on anonymity in the context of Risto switching his affections to Monero. Point was that Monero suffers from unsustainable blockchain bloat and until they fix it, it can't go anywhere. Teleport seems to offer a new approach to anonymity that avoids the problems of ring signatures and mixing. Asked for feedback since privacy is a big deal and the coin that nails it will do well. No one gave any.

 Precisely. People here respond to drivel, but not to pertinent, insightful, intriguing or important thoughts. Would take too much work

Including yourself, apparently      

[JayJuanGee]

New price sucks for guys like me, just a miner with no funds to buy lol

don't worry price will soon rise.

Define "soon."   

[JimboToronto]

eveyone who is holding coins just hoping this price will going up soon eventually.

ftfy

It's the traders, not the holders who are in the big hurry.

Give it a few years

[beetcoin]

One of the titans must fall this year: ebay, facebook, amazon, google.

I hope it's this year. If it's not, it's next year, unless it's not.

facebook and google do not really offer much in the way of services to common people, at least not one where you'd need to make a transaction.

amazon has shown little interest in accepting bitcoin, and ebay would be competing against itself (paypal).

e-bay CEO has as much said they are introducing BTC and new payment "wallets"

Meanwhile back at the ranch

haven't they been saying that since early in the year? yet nothing has happened.

[JayJuanGee]

I am an permabull. I know the value of the technology, I know the VC money being pumped in, I know the value of having control over your own money. However I would love to see the price tank down in to the $300's for a completely and utterly selfish buying opportunity.

I'm a bull in a bear suit. I want more cheap coins. I bought more in the $460s last night and I would LOVE a trip to the $300s. Hell, give me $260. I'll buy em all.

Sometimes it is NOT for your own good to get your wish... Do you realize that?  I question whether it would be o.k. for Bitcoin prices to dive down into the $300s or $200s

Whether it would be okay? What's the problem? Blockchain not working anymore? Bitcoin dead? The price doesn't matter in the short term. If you think BTC will exist in a year or two, it is "okay."

In the end, you may be correct.  However, I remain concerned about too much.  I attempted to explain further here:  https://bitcointalk.org/index.php?topic=178336.msg8357422#msg8357422; however, maybe the concern cannot really be explained and maybe it is NOT as big of a problem as I believe?

[JimboToronto]

Define "soon."    

No more than 10 years?