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481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2021, 04:08:41 PM
So, CSW taking the stand today in Florida.

What's the over/under on him being charged with contempt within the first two hours of him being on the stand?

*sigh*

My hope for that sort of thing is fairly low.  I feel like hes going to get away with very little bad happening to him at all.

Perhaps I am just projecting my fears.

I will be VERY happy to have been wrong.

I think he's playing with fire. All it takes is pissing off a judge once. Then it's all downhill from there.

Nah his lawyers covered that angle by playing the retard card. Now he can get away with anything he says, by claiming it on his autism.
482  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: November 04, 2021, 03:16:38 AM
Digital Currency Group, the parent company of Grayscale, is recruiting a team of financial advisors for the asset management division. According to The Block, the new business direction will be focused on cryptomillionaires, that is, those who, for example, with $150,000 managed to earn $2 million and simply do not know what to do with them next. DCG will work with the world's leading cryptocurrency blockchains and entrepreneurs and investors DeFi

Now that the GBTC days, as a 200 basis points yearly revenue are numbered, DCG is seeking new revenue flows to stay afloat.
I have doubts about their strategy, but probably they made careful planning of this move.


Why do you say their 200bps days are numbered? Do you expect US to approve their application to convert GBTC into spot ETF? At current -14% discount to NAV market doesn't seem to think that it'll happen anytime soon. If market values GBTC shares at 14% discount to NAV now, wondering if hype of spot ETF will be enough to offset the redemption rate once people can exit the $28BB fund at NAV
483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2021, 07:48:03 PM
Haha where you moon boys at? NGD Technology doing what it does yo.
Confirmed by math and science.

Might short this ponzi into oblivion.

Eeeeuhm where we at

Somewhere on our way to a 100k and into …………..

Okay moonboi



It's like good ol' times, even Lamby is back
484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 07, 2021, 01:09:26 AM
No more tres comas, now we're into "cuatro comas"™!

Will need an updated image


485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2021, 05:56:59 PM
Whatsapp, Instagram and Facebook services down right now.

Bitcoin never went down in past 12 years.

Ahh the beauty of centralization, would be interesting to see the effects of Visa going down for few hrs.
486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2021, 05:48:21 PM
if we all can agree that air pollution is already an issue at many local levels, how can anyone argue that it has no effect on the global level?

Because it is local, not global. One just doesn't follow on from the other. The world's an awfully big place.

The problem with "trust the science" is that so many think this flaky deductive reasoning is science.

Only it does, atmosphere doesn't follow city borders, and local air pollutants don't stay local. The fact that the world is an awfully big place, only leaves the extent of the effects debatable, but in no way does it rule it out. The question becomes what are the side effects at each level of pollution. And finally, the cost/benefits analysis, personal risk tolerances, who benefit vs. who suffer etc etc etc... come into play. Saying that the city/state/country next to yours can fuck up their air pollution as much as they want without it having any effect on you is borderline delusional.


 
487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2021, 03:27:47 PM


Pretty sure everyone (everyone sane?) will agree that we (humans) already managed to fuck up environment at the city levels in many locations around the globe (possibly country levels, fancy a health retreat in Bangladesh?). Yet even the thought, that combined effect of all those fucked up cities could have some not so positive effects on a global scale, is completely incomprehensible and alien to them.

Dude, I don't want to get in the middle of this discussion but you need to keep straight the differences between global and local and warming and pollution.

My argument was about the overall air pollution from the start (CO2 is a subset). Then i just took it to its logical conclusion, if we all can agree that air pollution is already an issue at many local levels, how can anyone argue that it has no effect on the global level? The levels of that effect can of course be argued. If we know that we already fucked up environments on many city levels, saying that everything is fine, that's just nature, so we should continue doing what we are doing just sounds retarded.

488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2021, 11:57:55 PM
Pretty sure everyone (everyone sane?)

... because only insane people could think that the government got it wrong, again and again and again?

... typical ad-hominem in the question tactic, "only sane people ...." you only resort to that kind of rhetoric because your arguments are weak or wrong and not supported by data

Typical straw man, about the govermentz. Yeah i stand by it, at this stage it takes someone reallllly "special" to deny effects of pollution in some of the most polluted cities in India and China. Then i did a "slippery slope" argument, *hint, that's the one that's easiest to attack
489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2021, 11:23:55 PM


Pretty sure everyone (everyone sane?) will agree that we (humans) already managed to fuck up environment at the city levels in many locations around the globe (possibly country levels, fancy a health retreat in Bangladesh?). Yet even the thought, that combined effect of all those fucked up cities could have some not so positive effects on a global scale, is completely incomprehensible and alien to them.
490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2021, 08:07:53 PM
Can’t believe so many of you buy the CO2 theory nonsense..

Bitcoin is not for everyone..
It’s only for people who are smart enough to start using it, and then for the subset of those who are smart enough to not lose them in the myriad of different ways possible to lose your coins from just losing your keys to being scammed or leaving them in another’s custody to be scammed..
Not to mention those smart enough to figure out how to make some coin, or smart enough to have extra funds for investment to put into coin, and then smart enough to delay gratitude not to sell out..
If they were smart enough to take their time to understand it well enough to believe in it.. Smart enough to understand enough about it in the first place..

Crypto is not even close to “for everyone”..

Equal opportunity? Yes..
Equal outcome? Ha ha ha.. No..

It is not so much the c02 concept

Take a pleasant place say one of the Hawaiian Islands cut down everything and plant pineapples and nothing else.

What will happen? you will fuck that Island up.

If you do not think that is happening around the world as I type and that it is sunspot activity fine.

Then save the coil oil and gas for the next ice age and jack up the solar while the sunspots heat up.  

The if you are correct and an ice age comes in 30 years you have the coal ,oil ,gas saved up. Especially the coal as the miners can mine and stack it for the ice age.

So if co2 is real you win

and if sunspot followed by cool down is right you win




Never in earths history has the climate/temperature just stayed the same.. It’s most likely that earth is just doing it’s thing as usual and we are powerless to stop it or change it..

We should NOT worry about and absolutely not let the fucking governments do anything whatsoever because of it..

It’s just an authoritarians excuse to control more shit and shuffle more money into the hands of their friends, not to mention bother excuse to keep the little guy down by increasing the cost of our energy and making us spend tons of money on CO2 reduction bullshit (that gets funneled to their friends pockets)...





I know right, caveman had those smog cities and toxic lakes in inner Mongolia back in the day too! What a nice place for a fishing trip, or perhaps a family vacation for kids to go swimming in the water? If you know for a fact that we shouldn't worry about it now, then care to share how bad should the man-made smog get before we should start getting worried? Throw some ppms or cancer rates or something at which you wouldn't advice your kids to play outside?


Cheap energy that you can actually taste. Like everywhere, just by breathing.
Think those Russians found the answer to the long life longevity, burn baby burn. Fuck the government for telling me what color my snow should be
491  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2021, 06:30:03 PM
Is this the effect of the Pandora papers with money floating into BTC?
492  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 30, 2021, 02:48:01 PM
Anybody like to share their thoughts on the current market, price action?

It looks weak AF to me. I mean, I think everything is OK & we should rally in Q4 but we really need to start moving up soon. Part of me is fucking concerned if I’m honest.


Quote from: Google Translate
The state company Chivo negotiated with the largest gas station companies in our country, so that starting tomorrow, their stations will sell each gallon of fuel $ 0.20 cheaper, with @chivowallet
https://twitter.com/nayibbukele/status/1443410462129983490

I got many questions on this (like why isn't the discount for payments in BTC only, and why Chivo app and not any lightning wallet etc...) but conceptually this is what it's all about. Sure you can continue paying with your credit card for "free" or get savings for transaction fees passed back to you if you pay with lightning. Market cap of credit card companies is (was?) $1T oops...

Let me provide discount on every global transaction and I care not who writes the laws (or BTC's current price action)
493  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: September 28, 2021, 01:30:41 PM
Quote
According to a report from the United States Securities and Exchange Commission, or SEC, filed Sept. 27, the Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 58,116 shares of the Grayscale Bitcoin Trust, or GBTC, as of July 31. At the time of publication, the price of GBTC is $34.28, making the investment bank’s exposure to Bitcoin (BTC) roughly $2 million — Morgan Stanley reported thatthe shares cost $2.4 million.

Previous filings show that Morgan Stanley has increased its shares of GBTC by more than 105% since April. Cointelegraph reported in June that the investment bank held 28,298 GBTC, worth roughly $1.3 million at the time.
https://cointelegraph.com/news/morgan-stanley-doubles-exposure-to-bitcoin-through-grayscale-shares

not sure if it's cause they're so bullish with BTC and couldn't find a cheaper alternative, or they're just betting on the ETF that'll erase the current 16% discount
494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 24, 2021, 12:09:09 PM
China banning bitcoin, again:
~
Filippone QuickTake:
LoyceV QuickTake: China fears their real estate bubble might pop when Evergrande goes under, so China tries to force more capital into traditional stock to postpone this a little further.
Sarcasm: Let's sell Bitcoin and buy Evergrande, it's a bargain now Tongue

Fucking China again…..

How long until nobody gives a shit what they do, pathetic.
As long as you (and I) post about it, apparently we still care.

Looks like a full out ban on mining and exchanges in China, and we (so far?) only go back to where we were 3 days ago? Doesn't look like there are that many left that care anymore, or couldn't foresee this happening with Chinas push for CBDCs.
495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 23, 2021, 06:34:23 PM
Just looking at bitcoin.org home page and I see a dispute between CSW and COBRA over the publication of the white paper.
Does anyone have any more details regarding what is happening to bitcoin.org?
Is it going to be run by that ego maniac Wright?

CSW is using whatever buggary he can to get his name associated with Satoshi. Unfortunately, in the actual Satoshi's absence, there are a few places where this can have actual legal repercussions. He's likely also trying to take advantage of antipathy towards people on the BTC side of things that many from BCH and BSV* view as having acted unfairly. This all regardless of the fact that the real Satoshi could prove himself with almost no effort.

In other words, just the usual jibber-jabber.

*Personally I consider the whole of the BSV project as disingenuous and acknowledge that many here view BCH disfavorably.

Bitcoin Judas started it. CSW forked BSV off BCH afair, so it isn't even "Bitcoin" any more, no matter how often he claims BSV is the real shit.
But... To be true, it is real shit  Cheesy

EDIT: Cobra could well have fought the case, by giving up anonymity. I would also consider this price too high for hosting the damn whitepaper. You can also guerilla host it in Panama and point a link to it, and if CSW fights this too, place a link to a google search that delivers the whitepaper url as first/only hit.

I see bitcoin .org hack as a net positive. Bitcoin doesn't have or need any rulers or websites. I applaud the "hacker" and find it hilariously suspicious that after getting full control of such website all they do is put up double your BTC scam. Can't think of a better way of discrediting such website without causing harm to underlying BTC.
In fact I'd love to see all of the devs go fully anonymous, and just sign the released code as their sign of approval that they have vetted the code. i.e. just take the roll of official "auditors" of the code

As far as faketoshi, BSv is now outside of top 50 on coinmarketcap behind "Klaytn" (whatever that is). Market has deemed him irrelevant, and i couldn't agree more
496  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: July 29, 2021, 05:46:08 PM

...

That is not what I am asking.

I am asking from where you got this quote: 

>>>>>>>>>>
Quote
Grayscale Bitcoin Trust does not currently operate a redemption program and may halt creations from time to time. There can be no assurance that the value of the shares will approximate the value of the Bitcoin held by the Trust and the shares may trade at a substantial premium over or discount to the value of the Trust's Bitcoin. The Trust may, but will not be required to, seek regulatory approval to operate a redemption program.
So, when you invest in Grayscale shares, you are actually locked into that, and the only way to get rid of those is on the secondary market, after a minimum of six months.
<<<<<<<<<<

Do you have a link for the quote source?


There's nothing outlandish in that quote. It's almost entirely taken from their main site

Quote
Grayscale® Bitcoin Trust is currently unavailable Grayscale® Bitcoin Trust private placement is offered on a periodic basis throughout the year and is currently closed.
...
Because each Product does not currently operate a redemption program, there can be no assurance that the value of such Product’s shares will reflect the value of the assets held by such Product, less such Product’s expenses and other liabilities, and the shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or a substantial discount to, the value of the assets held by such Product, less such Product’s expenses and other liabilities, and such Product may be unable to meet its investment objective.
https://grayscale.com/products/grayscale-bitcoin-trust/
497  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: July 28, 2021, 06:09:35 PM
<..> and funds are returning to GBTC.
<…>


How are you stating this? From my spreadsheet all I can see on the primary market is a constant funds outflow (due to management fees) , without any inflow since the beginning of March.
Also, in secondary market, premium is still negative. Something that arbitrage activity should help rising toward zero.



GBTC fund is closed so nothing is going into it. Bottom line shows GBTC premium over secondary. As we can see it's negative (discount) at last data point climbing to around -7%. Top two lines are market price and holdings in $ which is essentially same thing since fund is still closed.





This graph is for BTCC Canadian "Purpose Bitcoin ETF" showing price and AUM in CAD$ so once again they're both climbing because BTC is climbing. Nothing new to see here
498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2021, 01:35:12 PM

https://www.bloomberg.com/news/articles/2021-07-26/tether-executives-said-to-face-criminal-probe-into-bank-fraud
Way overdue if you ask me, stablecoins shouldn't have been allowed to get as big as they got
499  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2021, 12:48:56 AM
b) that it is due to increases in "greenhouses gases" and by how much and by which percentage of the gases that are anthropogenic.

What's your best guess as to why the CO2 levels are 35% higher than at any other point in the last 800,000 years?



No one is saying that we are not experiencing significantly higher co2 levels, what we are saying is that it's not affecting the climate.

If you believe that the current levels are not significant enough to affect the climate, would you care to state your position on what levels of co2 you feel would have an effect?
500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2021, 07:10:08 AM
but you can now buy a used small form factor like a dell for 200 bucks.

toss in 32gb ram.

a 2 tb ssd and probably go up to a 4 mb block. as long as you have at least 100mbs internet.

beyond that block size you need more power and faster internet.

but a pc with 128gb ram

 i7 core

4tb ssd and 200mbs internet

starts to become costly.

That first PC is already plenty beefy. Pruning can reduce the storage requirements and UTXO checkpoints (if added) even moreso It's pretty much the specs of my VR rig (not including the GPU). If you want a record of every transaction on the chain, even spent ones, you'd need extra storage but that's niche for most people and not horribly expensive if you do.

Surely you don't think that fees will fall linearly 4x with 4mb blocks right? So how many minutes do you think it'll be, before 4mb blocks get back jammed with 1sat/byte transactions? And that will be the point where people will start making fun of you for trying to run a global currency network on such crappy low end PC. And now clearly you need to upgrade to at least 64gb ram and a 4tb ssd for 8mb blocks. And just few minutes after that will come a need for 8mb blocks with a mid tower, then 16mb, then 32mb with a high end server etc etc etc ...?

So the trade of is, you wipe out Pie nodes while ... achieving absolutely nothing  Huh (or at max managed to drop the fees 25% for few months)

In any case, bitcoin is going the way of an El Salvadorian fisherman with an LN channel on a Pie node transacting his business for fraction of a cent. Surely this is not the end stage and there's plenty that still will need to be improved, but this is a best solution so far, if you think a global currency can keep every transaction on layer one while maintaining decentralization you're delusional.
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