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

[BlindMayorBitcorn]

Arbitrary number momentarily achieved !!!!

Something is happening!!!

 

[Chef Ramsay]

https://www.youtube.com/watch?v=3L4YrGaR8E4

[Blazin604]

YEOWWW

[Sitarow]

[spooderman]

for all who have not read it yet
http://www.coindesk.com/apple-pay-threat-bitcoin/

$10 incoming!!

Gotta say, that article seems incredibly misguided to me.

I think BTC might have issues with confirmation time right now that prevent a ton of in-store user adoption, but the long-term important advantage that BTC has, in my view, is transaction cost.  Apple isn't going to reduce transaction cost one iota for anybody in the chain, from what I can tell, but somebody pleae correct me if I am wrong.

For ordering online for next-day ship, fo airline tickets, for anything that doesn't require immediate change-of-possession, there is a 4%+ advantage to using BTC.

I just wish somebody would integrate a BTC wallet with gasoline pumps and come up with a way for me to put gas in my car while saving that 4%+, then split that savings with the merchant.

Apple just provides a slicker interface for using the same system of usury.

If anything Apple has proven historically that people are willing to pay a considerably high premium for ease of use (or even perceived ease of use).

Apple pay can go fuck itself.

edit: All the FUD against BTC can be redirected at applepay please. Except this time, it's legitimate.

[hyphymikey]

The 0.04 sell bot turned into a 0.04 buy bot... Interesting

[Richy_T]

If anything Apple has proven historically that people are willing to pay a considerably high premium for ease of use (or even perceived ease of use).

Apple have proven that locked down proprietary systems work for you for a while and then your customer wants something that lets them do what they want.

[vuduchyld]

for all who have not read it yet
http://www.coindesk.com/apple-pay-threat-bitcoin/

$10 incoming!!

Gotta say, that article seems incredibly misguided to me.

I think BTC might have issues with confirmation time right now that prevent a ton of in-store user adoption, but the long-term important advantage that BTC has, in my view, is transaction cost.  Apple isn't going to reduce transaction cost one iota for anybody in the chain, from what I can tell, but somebody pleae correct me if I am wrong.

For ordering online for next-day ship, fo airline tickets, for anything that doesn't require immediate change-of-possession, there is a 4%+ advantage to using BTC.

I just wish somebody would integrate a BTC wallet with gasoline pumps and come up with a way for me to put gas in my car while saving that 4%+, then split that savings with the merchant.

Apple just provides a slicker interface for using the same system of usury.

If anything Apple has proven historically that people are willing to pay a considerably high premium for ease of use (or even perceived ease of use).

Absolutely, you are correct.  They will.  But I don't see that as a threat to a blockchain-oriented solution. Consumers may very well be happy to pay, but ultimately, what goes on behind the scenes will migrate towards lower cost solutions, IMO.

In other words, Apple Pay could end up being the gateway to something more efficient.

[heartastack]

Bogachov, tear down these shorts!

The next 24 shorts are critical!

[600watt]

we will pass 400 level on oct 14th

lol, it turned past midnight here and 10 min. later it came true.  

[inca]

Awesome.

1600 coins to 430 on stamp

[blade87]

A long at $400 can only lose $400.
A short at $400 can lose way more than $400.

Crazy shorts.

[vuduchyld]

Signing off before we drop from 400.08!  Bye!

[spooderman]

Bitcorn!!!!!!!

I am glad you are the object of desire for a group of large mammals yet again.

[fonzie]

Wow Finex, people market dumpin 400+ coins. Not bad, but it won´t save their ass

[BlindMayorBitcorn]

Bitcorn!!!!!!!

I am glad you are the object of desire for a group of large mammals yet again.

Should be a staple of every diet:D

[Hiro_Y3k]

https://i.imgur.com/0JQ96Wr.jpg

[inca]

Wow Finex, people market dumpin 400+ coins. Not bad, but it won´t save their ass

Shorts burning up.

[Richy_T]

Absolutely, you are correct.  They will.  But I don't see that as a threat to a blockchain-oriented solution. Consumers may very well be happy to pay, but ultimately, what goes on behind the scenes will migrate towards lower cost solutions, IMO.

In other words, Apple Pay could end up being the gateway to something more efficient.

Don't discount two of Apple's competitors in the market either, Amazon and Google. Google has Google checkout, of course but Amazon is surely not going to let Apple take control here. That could be devastating, particularly to their whole publishing/reader thing they have going on.

[coins101]

we will pass 400 level on oct 14th

lol, it turned past midnight here and 10 min. later it came true.  

What will be the price on December 22?

Will I be flush enough to splash out on Tiffany Christmas presents, or are we talking $1 store stocking fillers all round?