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2121  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2019, 06:13:50 PM
A detailed argument for the bottom being in:

https://medium.com/@renato_shira/bitcoin-bottom-is-in-35ff1e2b9403

I don’t agree with it but worth considering. 

Disagree with Realized Value being an indicator? Or some other aspect?
2122  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2019, 06:05:41 PM
Logically the reasons behind hes unwillingness to disclose whether or not he controls the key to the genesis block make no sense too me.

Lets look at these rationally.

What are your thoughts jb? [reordered]

Most of your list seem to speak to soft considerations such as motivation and social aspects. Not sure these are amenable to objective analysis. But I'll play along.

Quote

Pros
1) Revealing control of the genesis key basically tells the world it was never about money.

I'm not sure how this follows. (If it were...) CSW does not seem very shy about flaunting at least some of his money. Enough so that the echo chambers collectively deride his pulling out of the high-end watches, or his Lambo or whatever.

Quote

Coins could and should have been dumped many times over if it had been.

I don't get how this follows either. To accept such would seem to obviate the position of hodlers. Which many here probably ascribe to. If one is 'all about the money', and one was reasonably sure that the price next week/month/year/decade will be higher, would one not refrain from dumping? I mean... I hodl, and despite my lofty view of myself and my motivations, I need to admit that it is at least in part about self-enrichment.

Quote

2) Even controlling such a big stake of coins that there was a true belief in decentralization. A hands off approach or at least a behind the scenes one over the project direction has been encouraged.

Yes. And if satoshi would reveal his/her/themself, I think it would be natural for their opinions -- technical and social -- to be given weightier consideration by the community,.

Quote

3) The incredible social network effect that would happen to Bitcoin knowing that the creator was still around and interested in development.

Hmm. I've always assumed that satoshi's disappearance was a net positive for Bitcoin. But there are so many ways to look at this single event that any possible list of considerations would be incomplete.

Quote

4) Banishing doubt over dishonesty or fraudulent claims.

This would seem a solid Pro.

Quote

5) ?

Cons
1) Opsec becomes increasingly difficult.

Opsec would become nil.

Quote

2) The continuation or creation of a cult of personality.

Oddly, I think CSW already 'benefits' from this to some degree.

Quote

3) Becoming(more of) a known fraud and liar.
4) ?

For a temporary lie, dispelled by ultimate honesty? Perhaps.

I've already answered HairyMaclairy. Somewhat obliquely, but honestly. Sorry I don't have a better answer.
2123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2019, 02:28:24 AM
Jbear

In your opinion, what are the odds that CSW is Satoshi?

I would be interested in you stating in clear terms what probability you consider this to be true?  I appreciate that certain things may be unknowable with present knowledge, but that is why we assign probabilities.  

So please tell us what is your probability that CSW is Satoshi.  

I dunno. Maybe one in twenty? In fifty?

Hard to place odds on something in which most of the variables are not available to be seen.
2124  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 07:41:06 PM
My question is can you or anyone else give me their best argument as to why the bottom is in or not.

From my perspective, your question is inappropriate useless.

Bitcoin is a new emerging asset class, in the initial throes of price discovery. To attempt to time this market is madness. Price goes up; price goes down - you can't explain that. All we really know is:
1) whether or not the world knows it or not, it needs a permissionless uncensorable form of money free from the whims of central planners; and
2) a vanishingly small percentage of the world has yet awaken to postulate 1).

From these two, we can conclude that the long term trend is up, and will remain so until such time that the world at large is onboard.

Ignore the noise. Buy today all you can conceivably afford to lose. Hodl on.

Pit pat piffy wing wang wong.

Bear waxes bullish..  Set defcon3.   Reluctantly issues +1 WOsMerit..

Quite being so speciest. I've always been bullish. Publicly, even.

Thanks for the merit. Smiley
2125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 07:36:01 PM
Crypto payment platform Bitrefill has launched Thor, a service that allows customers to open Lightning channels on demand. Thor will connect to Bitrefill's node on the Lightning Network, allowing users to receive Lightning payments whether they have bitcoin loaded into their Lightning wallets or not.

And so it came to pass, that partial reserve schemes were grafted onto the back of the Bitcoin network.

predicted. some time ago.
2126  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 06:10:03 PM
My question is can you or anyone else give me their best argument as to why the bottom is in or not.

From my perspective, your question is inappropriate useless.

Bitcoin is a new emerging asset class, in the initial throes of price discovery. To attempt to time this market is madness. Price goes up; price goes down - you can't explain that. All we really know is:
1) whether or not the world knows it or not, it needs a permissionless uncensorable form of money free from the whims of central planners; and
2) a vanishingly small percentage of the world has yet awaken to postulate 1).

From these two, we can conclude that the long term trend is up, and will remain so until such time that the world at large is onboard.

Ignore the noise. Buy today all you can conceivably afford to lose. Hodl on.

Pit pat piffy wing wang wong.
2127  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2019, 05:31:22 PM
I can think of at least one strong reason why satoshi would like to sow doubt about his existence.

So in your example of a possible scenario he (Satoshi) would come out and pretend to be a total dick to not be outed properly as a genius?

Or perhaps satoshi is a total dick. I mean, why not?

As I recall, the initial outing was not uttered by CSW.
2128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:46:24 AM
...and with that, I've caught up with the tip. Signing off from SNA. See all y'all when I land.
2129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:42:41 AM
However, I'm pretty certain he was always aware of the possibility of signing something with one of satoshi's strongly conjecturable keys to be pretty damned solid evidence for the claim.

Block 0 key, that's the only thing that would work. You can't do that, you ain't him.

Somehow, you came into the possession of said key, you sign, you still ain't him/her/thems.
You're him/her/thems, you lost the key, you can't sign, you're still him/her/thems.

Block 0? Only?
2130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:38:02 AM
Right now we have a problem with a mini bear line forming at $4100 below the main bear line.  

Soo... at _negative_$700_?
2131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:25:26 AM
What the fuck is a green? Is that the rumored color ?

That's them's envious neighbors.
2132  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:24:20 AM
I apologize if this has been posted before (if it has, I'll delete my post)

The SEC must curse the Winkies for opening the floodgates on them. At least it hasn't got to shitcoin ETF applications yet.

If I ran the SEC my ETF application page would simply show this.





Dirk Diggler?
2133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:20:29 AM
Where did all those old timers go? Tera is the only one I have seen here recently, and even she is gone now.

Most of them are all currently driving their lambos and laughing at us seeing us getting worried over bitcoin climbing down a few hundred dollars. Don't worry, we'll be like that too one day looking at this very same thread!



#loweredexpectations
2134  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:16:06 AM
Double ladder all closed. The short side also brought some fruits - 0.8% total. Taking a little pause now.

LISTEN TO MY LIPS ===> $25OO BTCCOINS INKOMING' SOON  Grin  WEEEEEEEEEEE

next week BTC will take one direction with  ± 1200$

Those poor poor cute cute little singing british boys.
2135  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:14:09 AM
Hyperwave becomes at least a self-fulfilling prophecy...

"people in sleeping bags are the soft taco of the bear world"


 Huh
2136  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:10:00 AM

Hmm. Now you've lost me.

'Course it's been a while since I read the trilogy.
2137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:03:57 AM
Good morning Bitcoinland.

I see we had a rather healthy dip... currently $3634USD/$4812CAD (Bitcoinaverage).

Before anyone goes blaming me for this, I should tell you I'm still in Toronto. Mind you, I'm at the airport, past security, waiting for my flight.

It works out to the same thing though. I can't buy this dip.

This is getting annoying. At what point does coincidence happen so often it makes you superstitious?  Tongue

We been tryna tellya, Jimbo
2138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 01:01:23 AM
GOOD good let it DUMP a bit

Its something we still haven’t seen in 2019

Cheesy

I'm impressed that you found a genuine legitimate optimistic thread angle in the current price action.
2139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 12:56:55 AM
https://www.youtube.com/watch?v=Dntu3VDep8w
Meet Nyango Star: The Heavy Metal Cat Mascot Saving A Japanese Farm (HBO)

You mean to tell me that it's fifteen minutes have been extended!?
2140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2019, 12:54:52 AM
" Russia Will Buy $10 Billion in Bitcoin, Ditch US Dollar and Become Huge Crypto Whale: Russian Economist "  Shocked

Source : https://dailyhodl.com/2019/01/08/russia-will-buy-10-billion-in-bitcoin-ditch-us-dollar-and-become-a-huge-crypto-whale-russian-economist/

So how many countries will do international trade in bitcoin over the USD currently?

Answer = none.

Currently? Touche'.

Though the US seems determined to keep casting nations out of the in crowd. At some point, action begets reaction.
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