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2001  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 02:41:48 PM
https://www.sec.gov/spotlight/fintech

SEC held a Fintech "Blockchain" conference back in November 2016 ... I'd say an ETF rule change is baked in at this point.
2002  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 02:03:24 PM
Maybe the IT guy told to input the announcement onto the SEC website Wink

lolz ... always with those IT guys leaking crap out on their smartphones ... snapchatted a screenshot to his latest squeeze for the ego trip
2003  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 01:41:23 PM
brace yourselves

$150 swing just to break the sled out of the ice ... wherever it's going it's a long way from here.
2004  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 01:33:08 PM
The Insiders got out-insidered by some inside-insiders ... whatta fucking shitshow these gubmint goons have created.
2005  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 01:23:16 PM
Approved

All I see is pump. Insider knowledge?

Seems suspiciously like it ...
2006  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 01:21:20 PM
Approved?
2007  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2017, 12:19:58 AM
This may be a stupid question, but how exactly is the SEC going to announce the decision? Are they going to publish something online or will the king of SEC step out on a balcony of the SEC HQ and proclaim the decision to a raging crowd in front of the building or how else will they do this?

2008  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2017, 03:02:35 AM
Quote
give blocksize to the free market and you'll have the best fucking blocksize there ever was.

a single chinese fabricator of chips and mining is the "free market"? What fantasy land are you in?

Centralised mining control of bitcoin is the end, p2p is over, the TX counterparty is back. Decentralised money is no more. Pretty simple.
2009  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2017, 02:45:15 AM
Price is trying some support points (as the old ATH) between 1150$ - 1130$, let's see if it can tank there.

right, I get the feeling if tomorrow night we are in this mid 11xx range, we are in good shape, and despite poeple anticipating the ETF being rejected, overall the market is still a strong bull, nothing can stop this train, ETF rejection crash is gonna be very nice buy opt thats all.



... or the BU hardfork signals the beginning of the end of the secular bull run.

I can't see the attraction of a monetary system controlled by commie chinese thugs. Time to start looking for the next improved iteration, at that point its failed experiment I think.
2010  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2017, 01:09:00 AM
This first time hostile take over attempt by major miner, Wooo via Antpool, is a major attack vector bitcoin devs never really got to close since pooled mining became a thing ... BU idiots not only opened it wider but promoted it to the initially clueless chinese communist miners for their petty political 'governance' grievance ends. Nothing good comes from this except maybe prompting a response from a major western fab shop (AMD, Qualcomm?) that comes out with some competitive kit and diversifies control away from Woo. Where's Balaji and 21 at these days with mining kit?

One foot out the door ...
2011  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2017, 06:08:55 AM
Quote
Emergent consensus is not elimination of block size restriction.  Miners will always restrict size because there is a cost to increasing it.

This is just pure wishful thinking totally unsupported by any analysis, experimental or calculable proof.

When BU forms a chain, it will take one, and only one, 'valid' malicious block to ruin that chain forever.  Any BUcoin will exist forever with that Sword of Damocles hanging over it. On that one fatal security flaw alone it is not a serious contender for solving capacity expansion for bitcoin.

Most Core developers understand this, it is not obstinacy that they will not 'compromise'. Any requests to 'compromise' is asking Core devs to acquiesce to the possible ruination of bitcoin, why would they sign off on opening bitcoin up to that? All they can do is put forward their solution and see if it is accepted. You cannot coerce or guilt-shame developers into writing code they know is risking the complete ruination of the project by opening it up to an obvious existential security flaw. If Core dev's proposed solution is maligned enough to be found unaccepted then all they can do is shrug and say, "we tried".

No security coder is going to write known compromised software voluntarily.
2012  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2017, 03:25:32 AM
I want to know why Satoshi didn't just make the blocksize a user-selectable parameter when he wrote v0.1

He did. The only limit at v0.1 was the 32 MB protocol limit.

Incidentally, I like your term 'techno-anarchy'. Cheers!

Thought you might like that, you're projecting your motives, as always ...

Quote
The SegWit Omnibus Changeset

... more interested in bending language, pushing your barrow and promoting propaganda through deceptive sloganeering than discussing and analysing solutions and ideas.

What are all the BUcoin holders gonna do when satoshi dumps on their rogue chain from a great height? Promote Segwit with propaganda?
2013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2017, 12:52:15 AM
So why don't we want to double traffic? Anyone?

The dilettantes and sociopaths got butthurt when the engineers came up with a good working interim solution to avert short term capacity constraints without a dangerous hardfork ... so the dilettantes and sociopaths created a grand experiment in theoretical free market constructs and unleashed Unlimited Bitcoins "emergent consensus" hand-wavy, untested techno-anarchy. Chinese communist miners got butthurt when the dilettantes and sociopaths told them they were the most important bitcoiners in the world and then the engineers told them, actually they're not.

Up to speed now ...? I want to know why Satoshi didn't just make the blocksize a user-selectable parameter when he wrote v0.1, it just seems so simple and easy and elegant, he must have been such an idiot for messing that up?
2014  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2017, 09:18:48 PM
I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

If core hadn't been so obstinate in rebuffing community demands, BU probably never would have been implemented. Don't expect them to change course now. Even with the obvious state of The SegWit Omnibus Changeset never reaching the 95% activation level.

Give it up with the propaganda, it's really sickening. You guys with your BU have shit the bed big time by trying to block natural open source development with political shennigans and now you don't know how to clean up the ugly mess. There were no reasonable "community demands" that could have been accommodated within the engineering constraints. Demanding that the 747 flies to moon on your way from NY to London is lovely but it's not happening in our lifetime. No one in Core is "being obstinate" they are simply saying it can't done like that.

Peter_R is a complete charlatan, I wouldn't let him design a doorlock let alone network system engineer a centralised monetary system.
2015  Economy / Speculation / Re: Analysis on: March 07, 2017, 09:59:27 AM
Well in my analysis bitcoin trend really shows good progress these few months from january to february, it has a good performance as wel. That is really a profitable record of bitcoin since the previous years drowned by its price in market, and now its a histotic happening that brings bitcoin into the peak of success.

So I should sell then.

Better yet, you should panic sell at the bottom.
2016  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2017, 09:58:17 AM
Ok. what's going on?

dump is biggest in china. we will see some PBoC fud soon i assume.

more Woo BU FUD ... so yeah probably PBOC pulling their commie strings thing ... powerful people disappear all the time over there if they don't do what the People's Party asks them to.
2017  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2017, 03:31:42 AM
Sideways consolidation after week of ATHs ... most excellent action. Bullish AF.

This BU Woo shit stinks or wtf?! Is that guy high on meglomania? Rogue majority miner is inviting some serious hurt to open up on his sorry ass.
2018  Economy / Speculation / Re: Analysis on: March 05, 2017, 09:22:59 PM
Bitcoin_Vanga aka Masterluc is bullish. Enjoy his recent chart:

https://vk.com/bitcoin_vanga?z=photo-130254204_456239103%2Falbum-130254204_00%2Frev


Interesting to see the more bullish case there is a continuation of the current drive up to 1700-1800 region before a pullback late-March/early-April timeframe ...
2019  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2017, 09:13:26 PM
It looks clear now that the ETF will be approved and there will be a pre-announcement in 3 days, this Wednesday after the market closes in NY. There is enough information floating around now from government employees that know someone who knows someone who knows something.

The pre-announcement will have just enough information to leave some doubt but will also be enough to bring the price closer to an equilibrium in the event of a full ETF approval announcement. The last thing a government fish-head wants is to be credited with spiking bitcoin by 200%, so pre-announcements and copious leaks is all part of the plan to get it priced in beforehand.

Thanks Elwar for being the go-between again, your help is appreciated.

Wow this afternoon looks like we have lyrics competition...

This is how much you boring with the price stable i think right? don't worry....some hours to open the banks again... $1300 will be broken soon ?

any ideas?

Yeah, I think $1300 will happen tomorrow.  Given all the claims we've had this weekend that the ETF is already approved, regardless of how false thise claims may be, and the banks reopening to let money flow to the exchanges, I think people won't be able to resist taking extra steps to make sure they're on that rocket when it launches  Tongue

I'm intrigued by Elwar's jump to 3 in his countdown!

I asked before but up to now i had no answer so can you please tell me what are the news regarding the ETF? i saw elwar posted the number 3...
now you tell me the ETF is already approved... what happend?? i left for some hours yesterday and today and i missed all the fun?


This is the "news" about the ETF, although I wouldn't bet the house on it. If I worked for the SEC I wouldn't risk prosecution by blurting confidential news out ahead of time.


My good friend is Pete McMillan and he works as a clerk for the SEC. He sent me a screenshot yesterday of his laptop. On it was the press release for next Wednesday on the Bitcoin Winklevii ETF... So the decision has already been made folks.

I thought this bit of information would silence the debate that has been raging the past few hours. Remember to only invest more than you can afford and never take the advice of anyone that is prepared to give it. Also, remember that no shoes were made for a cobbler's feet before they are first made for his children.
2020  Bitcoin / Bitcoin Discussion / Re: Is CHINA CONTROLLING Bitcoin? on: March 05, 2017, 02:23:46 AM
If you buy chinese food with bitcoin that might be influencing it .... otherwise, nup.
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