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

[JayJuanGee]

Yeah....  That's what I'm talking about!!!!!   Let's have ourselves a debate about some irrelevant topic!!!!!!!!!!!!!!!  Do you have any new ad hominem attacks to throw in my direction?      I'm sure I can come up with something to irritate you and to keep you entertained.   

Even though I asked for it, you do have a way of escalating the non-relevance in your own superfluous / non-plussed sort-of way... he hehehe... 



Thus, boredom be gone!!!!

[ChartBuddy]

Explanation

[prophetx]

Price will keep going down. Bitcoin won't reach massive adoption. Never.

It's good to buy drugs and nothing more.

it's great for gambling and buying weapons too

oh and doing multisig escrow with shady lawyers and accountants that may want to steal your money

oh and keeping your money safe from seizure by your enemies in commercial warfare

[klee]

Price will keep going down. Bitcoin won't reach massive adoption. Never.

It's good to buy drugs and nothing more.

it's great for gambling and buying weapons too

Any charts for weed/coca/heroin/ammo/guns USD pairs? Seriously.

I had a discussion yesterday on what patterns these 'assets' follow regarding price over the years.

[lyth0s]

Guys.... I'm a whale incognito and I need you to panic sell all of your coins immediately so I can buy in before my planned pump.


Resistance will result in your financial destruction.

Thank you for your cooperation,
:Lyth

[prophetx]

...
Lol, the elderly people who distrust banks will just FLOCK to Bitcoin!

No, they will die off, and be replaced by younger,  more flexible people, as has happened for many generations.

Can't wait for the dollar and those oldsters to die already!  Don't those selfish geezers realize that their repulsive withers selves are standing in the way of progress?  Rocket train coming through, old farts!  
Choo choo!

You may NOT think this way about old peeps once you start to get a little older.  But currently, to you, older people are feeling like a "burden."    

ugh no shit sherlock, but while he is young he can and will, that's how it works

[prophetx]

Guys.... I'm a whale incognito and I need you to panic sell all of your coins immediately so I can buy in before my planned pump.


Resistance will result in your financial destruction.

Thank you for your cooperation,
:Lyth

the end is near, get ready for the finale

[JayJuanGee]

Price will keep going down. Bitcoin won't reach massive adoption. Never.

It's good to buy drugs and nothing more.

it's great for gambling and buying weapons too

Any charts for weed/coca/heroin/ammo/guns USD pairs? Seriously.

I had a discussion yesterday on what patterns these 'assets' follow regarding price over the years.

It's also good for storage of value, especially for those people who want to diversify and hedge their investment portfolio (hedge against the dollar and/or other currencies).

[klee]

Price will keep going down. Bitcoin won't reach massive adoption. Never.

It's good to buy drugs and nothing more.

it's great for gambling and buying weapons too

Any charts for weed/coca/heroin/ammo/guns USD pairs? Seriously.

I had a discussion yesterday on what patterns these 'assets' follow regarding price over the years.

It's also good for storage of value, especially for those people who want to diversify and hedge their investment portfolio (hedge against the dollar and/or other currencies).

This is what I believe too but don't we have data?

Is the amount of USD needed to buy 1g of weed today proportional of 2000? Or it has 'increased' in value?

In other words would I only protect my money from inflation or have profit on top of that (like with gold since early 80s)?

EDIT: Also regarding art, any charts for Mona Lisa/Guernica etc price over years? Is it exponential?

[JayJuanGee]

Guys.... I'm a whale incognito and I need you to panic sell all of your coins immediately so I can buy in before my planned pump.


Resistance will result in your financial destruction.

Thank you for your cooperation,
:Lyth

Your joke makes little to NO sense.   

[klee]

http://www.ft.com/cms/s/2/933b4e62-f824-11df-8875-00144feab49a.html#axzz3F45k5w30

WOW - Bitcoin IS art!!

[JayJuanGee]

...
Lol, the elderly people who distrust banks will just FLOCK to Bitcoin!

No, they will die off, and be replaced by younger,  more flexible people, as has happened for many generations.

Can't wait for the dollar and those oldsters to die already!  Don't those selfish geezers realize that their repulsive withers selves are standing in the way of progress?  Rocket train coming through, old farts!  
Choo choo!

You may NOT think this way about old peeps once you start to get a little older.  But currently, to you, older people are feeling like a "burden."    

ugh no shit sherlock, but while he is young he can and will, that's how it works

Surprising as it may be to you:    NOT all young people lack this kind of perspective, Watson.   

[lyth0s]

Guys.... I'm a whale incognito and I need you to panic sell all of your coins immediately so I can buy in before my planned pump.


Resistance will result in your financial destruction.

Thank you for your cooperation,
:Lyth

Your joke makes little to NO sense.   

I was looking at these charts and became bored. So why not?

[findftp]

Guys.... I'm a whale incognito and I need you to panic sell all of your coins immediately so I can buy in before my planned pump.


Resistance will result in your financial destruction.

Thank you for your cooperation,
:Lyth

If you are a real whale you sound pretty desperate.
Let's buy some extra coins.

[prophetx]

...
Lol, the elderly people who distrust banks will just FLOCK to Bitcoin!

No, they will die off, and be replaced by younger,  more flexible people, as has happened for many generations.

Can't wait for the dollar and those oldsters to die already!  Don't those selfish geezers realize that their repulsive withers selves are standing in the way of progress?  Rocket train coming through, old farts!  
Choo choo!

You may NOT think this way about old peeps once you start to get a little older.  But currently, to you, older people are feeling like a "burden."    

ugh no shit sherlock, but while he is young he can and will, that's how it works

Surprising as it may be to you:    NOT all young people lack this kind of perspective, Watson.   

it is good that some do, because without young turks we would still be riding around on horses and serving kings

[prophetx]

i think october will be an up month for bitcoin just throwing that out there

[lyth0s]

Guys.... I'm a whale incognito and I need you to panic sell all of your coins immediately so I can buy in before my planned pump.


Resistance will result in your financial destruction.

Thank you for your cooperation,
:Lyth

If you are a real whale you sound pretty desperate.
Let's buy some extra coins.

No please stop buying coins. Keep your fiat. It is much more valuable and it has a lot of really smart people regulating it to perfection.

[JayJuanGee]

Price will keep going down. Bitcoin won't reach massive adoption. Never.

It's good to buy drugs and nothing more.

it's great for gambling and buying weapons too

Any charts for weed/coca/heroin/ammo/guns USD pairs? Seriously.

I had a discussion yesterday on what patterns these 'assets' follow regarding price over the years.

It's also good for storage of value, especially for those people who want to diversify and hedge their investment portfolio (hedge against the dollar and/or other currencies).

This is what I believe too but don't we have data?

Is the amount of USD needed to buy 1g of weed today proportional of 2000? Or it has 'increased' in value?

In other words would I only protect my money from inflation or have profit on top of that (like with gold since early 80s)?

EDIT: Also regarding art, any charts for Mona Lisa/Guernica etc price over years? Is it exponential?

 

We should already realize that posters like Mah87 and Prophetx are so busy talking their book that they are lacking in a bit of broader perspective. 

Surely, if I were to attempt to argue storage of value with a narrow and limited perspective, such as within the last 10 months, I would be engaged in a losing argument.  Also, if I allowed other posters to limit the framework of BTC to just transactions of scandal and illegality and questionable morality (or at least questionable social acceptability), then I would also be boxed into a narrow set of rebuttals that I would be able to invoke to defend the validity of BTC. 

Nonetheless, we know that bitcoin has a much longer history than the past 10 months and we also know that on a monthly basis, bitcoin has been (on an ongoing basis) acquiring more and more "legitimate" liquidation avenues.  Surely, NOT 100%, but becoming broader and broader on a regular basis.  So whether bitcoin users want to use bitcoin for anonymous and/or black market purposes or for legitimate mainstream purposes, the number of venues available for such uses is expanding exponentially on an ongoing and regular basis.

Surely, the price of BTC has NOT come up yet to return to its November/December 2013 ATH - but many of us recognize that if we exercise sufficient patience, BTC prices are likely to return at and beyond those levels in the near future (could be 1 month or could be 20 months).  And, even if BTC prices do NOT return and surpass the November/December 2013 ATH in the near future, we are still going to find considerable value to have access to a variety of liquidation channels and to just hold BTC as a future hedge (so long as we continue to monitor its value, since it remains a very volatile and targeted asset class).

 So, again, whether the buying power of BTC has gone up or gone down will depend on a person's perspective of the investment timeline, and surely timing of buying into BTC may have NOT been great in the last 10 months for those who narrow themselves to such a perspective (or for those who have begun their involvement during this most recent 10 month period), which as I already mentioned, seems very incomplete and very self-debilitating in NOT focusing on the longer term value and/or potentials of BTC.

Why engage with those who are so purposefully and intentionally attempting to skew and to limit the argument? 

[blatchcorn]

i think october will be an up month for bitcoin just throwing that out there

Would not exactly be difficult, given how low it is

[klee]

Price will keep going down. Bitcoin won't reach massive adoption. Never.

It's good to buy drugs and nothing more.

it's great for gambling and buying weapons too

Any charts for weed/coca/heroin/ammo/guns USD pairs? Seriously.

I had a discussion yesterday on what patterns these 'assets' follow regarding price over the years.

It's also good for storage of value, especially for those people who want to diversify and hedge their investment portfolio (hedge against the dollar and/or other currencies).

This is what I believe too but don't we have data?

Is the amount of USD needed to buy 1g of weed today proportional of 2000? Or it has 'increased' in value?

In other words would I only protect my money from inflation or have profit on top of that (like with gold since early 80s)?

EDIT: Also regarding art, any charts for Mona Lisa/Guernica etc price over years? Is it exponential?

 

We should already realize that posters like Mah87 and Prophetx are so busy talking their book that they are lacking in a bit of broader perspective. 

Surely, if I were to attempt to argue storage of value with a narrow and limited perspective, such as within the last 10 months, I would be engaged in a losing argument.  Also, if I allowed other posters to limit the framework of BTC to just transactions of scandal and illegality and questionable morality (or at least questionable social acceptability), then I would also be boxed into a narrow set of rebuttals that I would be able to invoke to defend the validity of BTC. 

Nonetheless, we know that bitcoin has a much longer history than the past 10 months and we also know that on a monthly basis, bitcoin has been (on an ongoing basis) acquiring more and more "legitimate" liquidation avenues.  Surely, NOT 100%, but becoming broader and broader on a regular basis.  So whether bitcoin users want to use bitcoin for anonymous and/or black market purposes or for legitimate mainstream purposes, the number of venues available for such uses is expanding exponentially on an ongoing and regular basis.

Surely, the price of BTC has NOT come up yet to return to its November/December 2013 ATH - but many of us recognize that if we exercise sufficient patience, BTC prices are likely to return at and beyond those levels in the near future (could be 1 month or could be 20 months).  And, even if BTC prices do NOT return and surpass the November/December 2013 ATH in the near future, we are still going to find considerable value to have access to a variety of liquidation channels and to just hold BTC as a future hedge (so long as we continue to monitor its value, since it remains a very volatile and targeted asset class).

 So, again, whether the buying power of BTC has gone up or gone down will depend on a person's perspective of the investment timeline, and surely timing of buying into BTC may have NOT been great in the last 10 months for those who narrow themselves to such a perspective (or for those who have begun their involvement during this most recent 10 month period), which as I already mentioned, seems very incomplete and very self-debilitating in NOT focusing on the longer term value and/or potentials of BTC.

Why engage with those who are so purposefully and intentionally attempting to skew and to limit the argument? 

I have Mah on ignore though prophetx is not in the list of people I would not talk here. I think he has his agenda as we all do but is providing useful feedback too.