Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21253267 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. (68 posts by 16 users deleted.)
betaknight
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June 17, 2013, 06:37:06 PM

What exactly do you mean by this:

Those that think the market can't support the thousands of coins being mined everyday (~3600), are forgetting about the fact that we're seeing over 1.5 million Android activations per day. That's straight from Google's mouth.       

http://www.engadget.com/2013/04/16/eric-schmidt-google-now-at-1-5-million-android-activations-per/

The # of people joining the internet for the first time continues to grow at a rapid pace. The # of people joining the mobile web (perhaps their first experience with the web) is a strong driving force in the growth of internet technology, which includes bitcoin.

We're seeing more devices and new networks. It's getting cheaper and cheaper to build the infrastructure needed to grow the size of the internet community. Project Loon is just a novel idea at this point, but it's just one more sign of the growth that's still to come.

http://www.zdnet.com/googles-project-loon-uses-big-networked-air-balloons-to-fill-internet-black-holes-7000016887/