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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26382639 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Asrael999
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October 03, 2014, 09:23:08 AM


How the fuck does this guy expect to separate the blockchain from the currency? Where's the incentive?

make the money from the services offered on top of the blockchain - the companies will be incentivised to run nodes in order to keep the services functioning.
Nothing stops coinbase, bitpay and okcoin running one full node each. Even if all other miners fell away the blockchain could still function and the services laid over the top generate revenue.
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pinky
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October 03, 2014, 09:27:23 AM


How the fuck does this guy expect to separate the blockchain from the currency? Where's the incentive?

He is just a random guy making book about BTC and hoping to sell more copies by contradicting himself on many levels. The good thing is that he wasted time and money writing this book as BTC belivers won't buy it, other population has no interest in BTC right now and no damage will be made and if bubble starts people also don't read books that contradict their belief.
nanobrain
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October 03, 2014, 09:39:17 AM

The next 24 hours are critical to the future of bitcoin!!!!!!!!   That's for sure.


 Cheesy

how many times did I hear that story about the next 24 hr.

let me summarize the next 24 h for yA>






Those critical 24 hours have thus far been as dull as...
JayJuanGee
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October 03, 2014, 09:43:56 AM

you have to watch this video  Cheesy  (click on the image)






despite his tone, it seems that he really done his researches and he really make some good points.

This guy is NOT really making any great points about bitcoin.  

He seems to concede that bitcoin the technology (the blockchain) is a great innovation, yet he is merely asserting in an oversimplified and conclusory manner that bitcoin the currency is a sham and/or a pump and dump scheme.  He does NOT really provide any evidence for his conclusions besides his assertion that he has been studying bitcoin for two years -ish.  

The main good point about the clip seems to be that it is short, so it ONLY wasted about 10 minutes of my life to watch it.


It seems that your whole fucking life is a waste, so what 10 minutes are compared to that ? nothing.... each time I try to catch up with this thread I just keep seeing your idiotic posts where you attack most of the posters and pretend to be a smart ass... Oh I wont even mention the meaningless great walls of text you write, isn't those a pure waste of your life as well ?

That's brilliant - pretty much  you are talking about nonsense in your above response!!!! 

Maybe if you learned how to stick to the substance of the video instead of getting caught up in your emotional reactions concerning my criticism that the video is a "waste of time," then maybe you would be able to recognize meaningful discussion rather than arguing about irrelevancies regarding the supposed lack of value of my time? 

Ultimately substantive meaning contained within the video lacks very much - even though you applaud Jeffery Robinson's supposed smartness as some kind of worthwhile endeavor to listen to what he has to say... and really what Robinson has to say is a bunch of nonsense based on superficial conclusions and lacking in real world evidence....   And, to the extent that Robinson provides any material evidence, his evidence seems to be very incomplete and biased because he seems to be caught upon his thesis (that you seem to share with him) that bitcoin is a pump and dump that only benefits the early adopters and some other various inadequate criticisms of bitcoin as being corrupted and that bitcoin is going nowhere because bitcoin is NOT real or meaningful...  This criticism of bitcoin is NOT really very profound because it is a similar criticism that has been occurring over the last several years, and especially since about late 2013 (I heard similar criticism from Peter Schiff and from Warren Buffet).

Robinson's characterization of investors into bitcoin as either being connivers or naive seems to be overly simplistic (and you seem to like this kind of thinking too b/c it is similar to points that you have made about bitcoin over the past couple of months), and it seems disingenuous that Robinson is attempting to discount a lot of the serious and genuine investments that are being made on an ongoing and world-wide basis into the bitcoin space.
JayJuanGee
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October 03, 2014, 09:52:21 AM

The next 24 hours are critical to the future of bitcoin!!!!!!!!   That's for sure.


 Cheesy

how many times did I hear that story about the next 24 hr.

let me summarize the next 24 h for yA>






Those critical 24 hours have thus far been as dull as...


Maybe I should have used a  "Cheesy" next to the contents of my post because otherwise the sarcasm seems to be too subtle for some to absorb?    Roll Eyes   Or maybe if I went on a stream of posts, about the next 24 hours or the next 36 hours or the next week etc etc etc... being critical to the long term survival of bitcoin.... blah blah blah...

In the end, many of us understand that bitcoin is NOT merely a product of its price - even though a rising price could help to add additional value and utility to bitcoin... but in the end, Bitcoin does NOT seem to be quite ready for $12,436.. because prices have been hovering between $370 and $390... in current and recent times.




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October 03, 2014, 09:59:08 AM
Last edit: October 03, 2014, 10:15:00 AM by tarmi


How the fuck does this guy expect to separate the blockchain from the currency? Where's the incentive?


well, instead of paying greedy miners and centralized corporate farms, blockchain could be maintained by those who are offering services on top of the blockchain.

now you have early adopters holding thousands of coins payed 20 $ each, and a network that costs millions of dollars to run every day.

I think that the current situation is unsustainable in the longer run. blockchain should be self sustainable.
InvestorPerson
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October 03, 2014, 09:59:33 AM


Those critical 24 hours have thus far been as dull as...

the NEXT 24 hours will be critical, this is HUGE

HUUUUUUUUUUUUUUUUUGE i tell you Grin
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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October 03, 2014, 10:01:15 AM


Explanation
touhonoob
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October 03, 2014, 10:01:43 AM

Seems that hashrate has stopped growing
https://i.imgur.com/9phNd8v.png
nanobrain
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October 03, 2014, 10:09:05 AM

As we approach 9000 pages I'm wondering of anyone else visualises the other posters on this thread?

When I see a certain name I 'hear' them talk in a particular way.  These are my takes:

Fonzie


Eurotrash


Adam


Aminorex



Risto


JJG


Shroomskit


And before anyone wonders, this of course is me Smiley
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October 03, 2014, 10:10:37 AM

empowering
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October 03, 2014, 10:12:14 AM

And before anyone wonders, this of course is me Smiley


I would  Cheesy Cheesy

findftp
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October 03, 2014, 10:12:53 AM

Seems that hashrate has stopped growing


There's only one answer for that"

http://youtu.be/JSUIQgEVDM4
podyx
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October 03, 2014, 10:18:24 AM

I'm considering moving away from looking at the bitcoin ticker and these forums and do this:



fonzie
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October 03, 2014, 10:18:37 AM

@nanobrain

Wanna date? PM me!  Shocked
empowering
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October 03, 2014, 10:19:26 AM

I'm considering moving away from looking at the bitcoin ticker and these forums and do this:

??

Dotto
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October 03, 2014, 10:21:23 AM

Ripple has surpassed LTC as the second marketcap coin.

http://coinmarketcap.com/
Totscha
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October 03, 2014, 10:25:49 AM

Ripple has surpassed LTC as the second marketcap coin.

http://coinmarketcap.com/

from $40million to $140million market cap in less then 15 hours



Without a price increase if I may add...

What does that tell you?
empowering
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October 03, 2014, 10:26:52 AM

Ripple has surpassed LTC as the second marketcap coin.

http://coinmarketcap.com/

from $40million to $140million market cap in less then 15 hours



Without a price increase if I may add...

What does that tell you?

That the ripple has turned more into a tsunami of uncontrollable diarrhea?
spooderman
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October 03, 2014, 10:27:04 AM

Ripple reminds me of microsoft windows. Shit, but probably something that people will buy as a result of buying something else.

(i.e all computers being automatically shipped with windows whether end user requires or not).

I have always HATED that stamp does ripple.
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