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1101  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 09:21:47 PM
Better than they find it now that trying to fix thing after the fact. But it is a drum to beat by some people...

Meanwhile, something to read: https://offthechain.substack.com/p/bitcoins-revenue-multiple
1102  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 08:42:06 PM
got the poll very wrong Roll Eyes


I was too optimistic as well. But not too optimistic. Basically, it's a sideways affair now. Probably for a longer time than we wish  Roll Eyes
1103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 07:30:29 PM
Let's go down the rabbit hole of debate, shall we. Let's dispel the delusion.

Bitcoin: mostly speculation
Use: store of value, (up to certain level) payment network

Ethereum: mostly speculation
Use: decentralised computing, USP less clear than Bitcoin
1104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 04:17:14 PM
So I guess people believe that as long as a crypto is secure, scales, has a good wallet, can run a node, and runs on good hardware, then....

....it really doesn't NEED TO HAVE ANY PURPOSE FOR EXISTING BEYOND THOSE THINGS TO BE A SUCCESS??

[...]

Where did you pick up that thought?
1105  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 01:04:24 PM
ETH (and, soon, EOS/TELOS) is a good 'token factory' platform and for that, it may have a continued reason to exist. The idea of executing computer code in a decentralised manner wont go away. I think not all corners of the playing field have been found yet. I doubt we have seen the last of it, although the ICO rage was spectacular including it's demise (for now).

For anonymous projects, the ICO vehicle will remain to hold its application value (continuing to 'break the rules' in the meantime) as well as for applications that require a token for their operation on a generally recognized and 'stable' platform.

As such, I am not in the Hate CampTM when it comes to crypto projects beside Bitcoin.
1106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2019, 12:49:08 PM
How come the narrative is switching from "Cryptopia hacked" to "Ethereum hacked"?

Is there substantial evidence that the Cryptopia hack was not about hacking into Cryptopia computers but a hack of the ETH network itself?
1107  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2019, 09:01:53 PM
https://bitcointalk.org/index.php?topic=5095156.msg49233859#msg49233859
congrats to regulars here who are now on DT2 - means they're pretty well-trusted in the wider forum
[...]


Would you mind explaining the purpose of DT1 and DT2?

Never heard of it  Roll Eyes
1108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain on: January 14, 2019, 08:18:59 PM
This is Mining faster on browser ? I hope that in the future it will be a big thing for this


I am not sure what you exactly mean.

Yes, you can mine in a browser but mining is not the really attractive part of this coin. The USP of Nimiq is the fact that it is entirely web based. No need to install anything; you can access the Nimiq blockchain and do transactions completely from your browser. Fast syncing and nice UI really enhance the user experience.

Nimig: making payments easy.
1109  Economy / Speculation / Re: GAME game *game* "GAME" QUARTER PREDICTIONS on: January 14, 2019, 08:08:22 PM
$7,321
1110  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2019, 07:41:03 PM
Dunno the validity of this thesis but capitial controls could help advancing the case for Bitcoin: https://www.zerohedge.com/news/2019-01-14/chinas-capital-outflows-are-suddenly-soaring-again-and-why-great-news-cryptos

Old news already but Tyler seems to really craft the narrative again by building up a bullish case for Bitcoin again after some luke warm articles in 2018: https://www.zerohedge.com/news/2019-01-14/russia-prepares-buy-10-billion-bitcoin-evade-us-sanctions

Tyler cant afford to be on the wrong side if we really take off again  Grin
1111  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2019, 06:22:54 PM
Something to ponder: your carefully crafted high quality posts matter.

https://www.reddit.com/r/slatestarcodex/comments/9rvroo/most_of_what_you_read_on_the_internet_is_written
1112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain on: January 13, 2019, 10:51:18 PM
Proof ?

It's these kinds of posts that show that the sudden surge in posts are not genuine and lack substance. It's purely aimed at damaging the project. All they achieve is ridicule and a lot of ignores.
1113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain on: January 13, 2019, 06:41:08 PM
There is an organised attack going on with multiple ‘new’ users flooding the community channels with negative non-constructive posts. I wonder how long they will waste their time. On the other hand; them being busy here will keep other projects save from the vitriol  Roll Eyes
1114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain on: January 13, 2019, 02:24:33 PM
I got so many on ignore in this thread, that every reaction on this page (but me) shows 'ignored'  Grin
'cause they are always the same 5/6 acounts, but they're spamming non-stop.
Took the serious initially. Wanted to check in on their claim - especially that one guy claiming to off himself. Then started to see the partners of this newbie accounts and couldn't be bothered which side of the story was true or false. Medium and Steemit is just a click away and so is scam accusations. Plenty of mods and investigative type community members here too to get the word out to the public and relevant authorities. Don't get the flooding

Yes, it's a sad story. Recent AMA from Reddit: https://www.reddit.com/r/Nimiq/comments/aeld86/team_nimiq_ama/
1115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2019, 07:30:59 AM
Well it enables rule breaking.

So the real question is what rules are you going to break on your seastead?  

About rule breaking: interview with Bittorrent guy (4-series) “Why BitTorrent Mattered — Bittorrent Lessons for Crypto (1 of 4)” by Simon Morris https://link.medium.com/ZnJUFMOerT
1116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain on: January 12, 2019, 06:17:59 PM
I got so many on ignore in this thread, that every reaction on this page (but me) shows 'ignored'  Grin

Thus, we know NIMIQ is on the right track...
1117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 06:15:30 PM
Just to let you know that mineIOTA.com will support payout in Lightning Network soon: https://mineiota.com/

Cool!
1118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 06:09:24 PM
Meanwhile, r0ach is evading the elephant in the room:

Can banks create Bitcoin out of thin air?
1119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 02:45:53 PM
Macleod with a short history of the euro. Probably well known already among readers here but nonetheless a good summary: https://www.goldmoney.com/research/goldmoney-insights/the-tragedy-of-the-euro

Hint: continued failure of fiat currencies = bullish for crypto.

Can only banks start a Lightning Network Node?
Can only banks validate LN transactions?

Can YOU create a fucking branch bank right now?  NO.  


No need to swear.  Roll Eyes

Quote
You need massive capital, lawyers, govt connections, and everything else.  All of the same rules will apply to Lightning nodes, just NOT DAY ONE.  Stop playing dumb.  Those regulations and red tape (AML/KYC) will lock out any wildcat nodes and the only ones will be run by people like Bank of America and Goldman Sachs.  

Anything that has an easily identifiable physical or digital surface attack vector will be enveloped by the current system.  Claiming you're going to run a wildcat Lightning node is like claiming you're going to be some type freelance illegal porn distributor and the FBI is not going to kick in your door.  If you're capable of putting 1+1 together, shilling for Lightning is like shilling directly for Goldman Sachs.

You seem to imply that government can (and will) shutdown LN nodes unless they have been vetted and are licensed. Wouldnt the same be true for Bitcoin nodes?

In other words: are you arguing that the government can feasibly block Bitcoin and LN networks ?
1120  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 01:16:37 PM
If we take the following grand themes as the truth, the future of cryptocurrency is bright:

Quote
Deflationary expectations, now 40+ years old, are becoming inflationary expectations.
Cooperative and multi-play games in both international politics and domestic politics, now 70+ years old, are becoming competitive and single-play games.
Modern capital markets, now 150+ years old, are becoming political utilities.
Source: https://www.epsilontheory.com/you-are-here/
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