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

[molecular]

I think this Apple pay thing is major good news that we haven't seen hit the price yet. It's like a rumbling in the distance, the thing we didn't see coming on our list of 2014 bubble catalysts. It's always that thing that does it. Hold on tight.

May be it's possible, we can't be sure, what is in the Apple pipeline for mobile payment.
May be bitcoin or something else, it's not sure yet.

Personally, I don't think it matters if Apple adds bitcoin or not. We've been trying to sell the idea of secure mobile payments to the masses since the inception of bitcoin. It's too convenient of an excuse that people don't want to buy a device to send/receive these kinds of payments, nobody is supporting it, and why do I need it anyways?

Suddenly we have Apple stepping up to the plate simultaneously marketing the idea AND rolling out the infrastructure to make it ubiquitous. The idea that these efforts are in competition with bitcoin's success is incorrect. Ultimately from the end user perspective, you're going to be waving your phone around to pay for things soon. That's a reality. And ultimately you're going to be given a choice about how much fees you want to pay to do that. Even for people who don't understand or want to have anything to do with bitcoin, there will be intermediate services like Bitpay or Circle that can facilitate those transactions in the same manner as Apple, only using the bitcoin network as the backbone instead of credit cards, allowing for the exact same thing to happen for less fees. That's something everyone can get behind.

So, in my opinion, we can be sure.

You make quite a convincing argument.

It might take some time, though.

[Dump3er]

Hey folks! We are far below the exponential trendline! So it's time to buy! Don't forget to dump when it's time and also don't forget my tips!

[adamstgBit]

i voted no later then next week b4 it was cool  

[justusranvier]

I am afraid the average guy does not care.

First world problem, mostly.

There are about 7 billion people in the world, and the vast majority of them do care.

Those who don't care will learn their lesson soon enough.

[justusranvier]

Also: most of the "average" doesn't matter.

The under-30 generation is who decided the future, and they don't look eager to work their ass off to pay off the debts of their ancestors.

If the Millennials opt out of welfare-warfare state system...

[empowering]

https://www.youtube.com/watch?v=Es4c-2riidc

just for a lol.

oh my god he is still at it... that guy is the most incredible example of a human walking...

[Chuckee]

I have a feeling we'll see Shroom Kit here soon once dump occur. "Idiiot Dumpers! Just hold and price go up!!" 

[adamstgBit]

I have a feeling we'll see Shroom Kit here soon once dump occur. "Idiiot Dumpers! Just hold and price go up!!" 

if we are lucky.

[Chalkbot]

https://www.youtube.com/watch?v=Es4c-2riidc

just for a lol.

oh my god he is still at it... that guy is the most incredible example of a human walking...

Man.... I kind of feel sorry for him. Kind of...

Well, at least we know when this guy comes around on bitcoin, the technology has peaked. He's literally the last guy.

[600watt]

I think this Apple pay thing is major good news that we haven't seen hit the price yet. It's like a rumbling in the distance, the thing we didn't see coming on our list of 2014 bubble catalysts. It's always that thing that does it. Hold on tight.

May be it's possible, we can't be sure, what is in the Apple pipeline for mobile payment.
May be bitcoin or something else, it's not sure yet.

Personally, I don't think it matters if Apple adds bitcoin or not. We've been trying to sell the idea of secure mobile payments to the masses since the inception of bitcoin. It's too convenient of an excuse that people don't want to buy a device to send/receive these kinds of payments, nobody is supporting it, and why do I need it anyways?

Suddenly we have Apple stepping up to the plate simultaneously marketing the idea AND rolling out the infrastructure to make it ubiquitous. The idea that these efforts are in competition with bitcoin's success is incorrect. Ultimately from the end user perspective, you're going to be waving your phone around to pay for things soon. That's a reality. And ultimately you're going to be given a choice about how much fees you want to pay to do that. Even for people who don't understand or want to have anything to do with bitcoin, there will be intermediate services like Bitpay or Circle that can facilitate those transactions in the same manner as Apple, only using the bitcoin network as the backbone instead of credit cards, allowing for the exact same thing to happen for less fees. That's something everyone can get behind.

So, in my opinion, we can be sure.

You make quite a convincing argument.

It might take some time, though.

+ 1

[empowering]

https://www.youtube.com/watch?v=Es4c-2riidc

just for a lol.

oh my god he is still at it... that guy is the most incredible example of a human walking...

Man.... I kind of feel sorry for him. Kind of...

Well, at least we know when this guy comes around on bitcoin, the technology has peaked. He's literally the last guy.

Yeah he hurts my eyes and ears and mind everytime I see or hear him, though there is some comedy and a touch of tragedy to the guy.

"What's going on slavetards..." 

In his case... not an awful lot.

[Richy_T]

Freedom from government-managed money is what makes Bitcoin important.

I am afraid the average guy does not care.

He doesn't have to. All he has to know is that this year, 1 bitcoin bought X and next year, 1 bitcoin will buy X and this year, one dollar bought Y and next year, 1 dollar will buy 0.9Y

[ChartBuddy]

Explanation

[Dump3er]

Freedom from government-managed money is what makes Bitcoin important.

I am afraid the average guy does not care.

He doesn't have to. All he has to know is that this year, 1 bitcoin bought X and next year, 1 bitcoin will buy X and this year, one dollar bought Y and next year, 1 dollar will buy 0.9Y

You mean like, that year 1 bitcoin bought X and this year 1 bitcoin will buy (X * 0,41) ?

[adamstgBit]

if avg joe's start buying, 5 million / coin the next day....

its not going to happen, stop trying to make it happen.

[Richy_T]

You mean like, that year 1 bitcoin bought X and this year 1 bitcoin will buy (X * 0,41) ?

 

It's not like Bitcoin is even close to being out of its inflationary stage yet. All in good time.

[molecular]

He's cracking me up. Hilarious depiction of bitcoin dudes showing off bitcoin by buying coffee. Some truth to it you have to admit.

Rawdog will go down in history together with the carrot guy.

[coins101]

The path to $100,000 BTC

-> Apple launch own payments system [check] Sept 9

-> PayPal sign posts to the market it is doing something to counter with BTC [check] Sept 8-10

-> More traders take notice of BTC [check] Sept 10

-> Samsung, thinks it needs to enter the game with BTC.

-> Sony has to keep up and launches BTC for gamers

-> Every trader takes a stake in BTC

-> Pension funds buy as much BIT and COIN as they can get their hands on

-> Warren Buffett changes his mind on BTC

-> Retail investors buy as much BTC, BIT and COIN as they can

-> Microsoft thinks about buying all the BTC, but decides to create MSN Coin

-> We [who have BTC] all live happily ever after

-> Bitcoin will be used as global reserve currency

I've read it 10 times. Although I'm sceptic with the last point...  

Made a minor edit. I think reads better now.

Thanks.

You're welcome (did an extra addition)

Wired and other publications all agree -

Apple Pay will push others towards Bitcoin adoption.

"PayPal’s Support Is the Best Thing That Could Happen to Bitcoin"
http://www.wired.com/2014/09/paypals-support-is-the-best-thing-that-could-happen-to-bitcoin/


CCMF

http://www.coindesk.com/financial-planning-association-boost-portfolio/

Working on the later part of the plan to get retail investors on board. Admin. Meh. Just takes a few weeks longer.

[molecular]

damn, another lower high.

we fail to break the downtrend, it seems.

[grappa_barricata]

damn, another lower high.

we fail to break the downtrend, it seems.

I agree, seems about to crash to me