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

[empowering]

ITT:
We bitch about JorgeStolfi's manipulative appeal to authority

...
The reason that I referred to Jorge's "professor" status in a snarky way is because it does (and should) NOT matter whether one is a professor or a snotty nosed 5 year old in order to post decent ideas in this forum....

...because he stuck his PhuD in our faces

...
In the beginning, he displayed his credentials rather prominently in his posts...

...we learn that he didn't

...
If so, I was wrong.

...so now we want him to

...
are you tenured prof?  /s

tbh mine was a somewhat sarcy question....

[PickNic]

I've understood that best months for btc are october and november.

[adamstgBit]

whao pretty crap start to my day here.... anyway...

anyone notice the price of gas today? unbelievable, they have been running out of gas since 1970, and then they killed the electric car, only to bring the price of gass up Up UP, because they can. "they" are true asholes. I will buy all the bitcoins that will show them HA!

[PickNic]

btc will raise over 1000$ within the end of november.

[JorgeStolfi]

OOPs, correction: the 500 balls that my student bought are not in that container.  Those are mostly the spindle stabilizer balls, plus a few small ones removed from ballpont pens.

[NotLambchop]

...
The Bitcoin applications and their security can (and will eventually) exhibit the same amount of security (or lack thereof) as those tied in with the banking system. That part is obvious, because the Bitcoin protocol doesn't address the security of this layer in any way.
...

I'm wondering if that's the only way of seeing the problem.  I agree with the above, but...

...the security of conventional banking applications is not the only security layer for the end users of those applications.
Case in point:
If my bank's ATM or webportal gets hax0rd, I don't lose a cent.  If that happens with my Bitcoin wallet/app, I do.

[PickNic]

whao pretty crap start to my day here.... anyway...

anyone notice the price of gas today? unbelievable, they have been running out of gas since 1970, and then they killed the electric car, only to bring the price of gass up Up UP, because they can. "they" are true asholes. I will buy all the bitcoins that will show them HA!

lol! maybe you don't know that to make electricity you anyway need oil a lot more than a full tank of petrol

[adamstgBit]

whao pretty crap start to my day here.... anyway...

anyone notice the price of gas today? unbelievable, they have been running out of gas since 1970, and then they killed the electric car, only to bring the price of gass up Up UP, because they can. "they" are true asholes. I will buy all the bitcoins that will show them HA!

lol! maybe you don't know that to make electricity you anyway need oil a lot more than a full tank of petrol

you've been brainwashed!

[grappa_barricata]

I'm wondering if that's the only way of seeing the problem.  I agree with the above, but...

...the security of conventional banking applications is not the only security layer for the end users of those applications.
Case in point:
If my bank's ATM or webportal gets hax0rd, I don't lose a cent.  If that happens with my Bitcoin wallet/app, I do.

All of these advantages will seems less significant when the government or bank determine that you can't withdraw from your account for a while, or that a part of them 'is just gone, because russian hackers, muhahaha', or that 40 years worth of world-wide GDP are to being introduced into the economy at once.

[NotLambchop]

...
you've been brainwashed!

That's because he hadn't changed the tinfoil in his hat regularly, like he should have.

[NotLambchop]

I'm wondering if that's the only way of seeing the problem.  I agree with the above, but...

...the security of conventional banking applications is not the only security layer for the end users of those applications.
Case in point:
If my bank's ATM or webportal gets hax0rd, I don't lose a cent.  If that happens with my Bitcoin wallet/app, I do.

All of these advantages will seems less significant when the government or bank determine that you can't withdraw from your account for a while, or that a part of them 'is just gone, because russian hackers, muhahaha', or that 40 year worth of world-wide GDP are to being introduced into the economy at once.

"Black Helicopters Flown By Lizard People" is an entirely different argument.  We're not talking 'bout that stuff now--just mundane shit like security.
*I, for one, welcome our Reptilian Overlords.

[adamstgBit]

...
you've been brainwashed!

That's because he hadn't changed the tinfoil in his hat regularly, like he should have.

you've ALL been brainwashed! to think i'm saying nonsense.

this is not good. not one little bit....

[grappa_barricata]

[NotLambchop]

^No one cares...



BWAHAHA<twists mustache>

[adamstgBit]

did btc-e get hacked

was that why there site was down?

[grappa_barricata]

"Black Helicopters Flown By Lizard People" is an entirely different argument.  We're not talking 'bout that stuff now--just mundane shit like security.
*I, for one, welcome our Reptilian Overlords.

Pffff... it is well known that lizard people don't like flying, and the black helicopters were not black at all, but rgb(6,6,6).

[Richy_T]

these are the skills needed to be a successful professional poker player (in descending order of importance):

1. bankroll/money management (believe it or not, this one is the most important of all)
2. patience and discipline
3. emotional detachment from results - i.e. caring about whether you made a good play, not about what the particular result this time was
4. knowledge of probabilities (i.e. flopping a set, a flush draw arriving etc.) and hand ranges and how to exploit your opponents mistakes through this knowledge.
5. knowledge of human psychology and perception of so called "table dynamics"
 
I maintain that most people have no problem with point 4 and 5, but what would prevent them from becoming a successful poker pro are points 1 - 3.

Probably the best way to make money at poker is to run a poker school or a poker website

[NeuroticFish]

Probably the best way to make money at poker is to run a poker school or a poker website

+1 for the poker website!!

[NotLambchop]

...helicopters were not black at all, but rgb(6,6,6).

^Exoskeleton shill confirmed.  Ignored.

Mammals!  Don't believe the hype!  6,6,6 is about as black as it gets!

[ChartBuddy]

Explanation