Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[mb300sd]

I will name my first child Satoshi Nakamoto [my last name], boy or girl!

[1714701582]

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[1714701582]

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[1714701582]

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[BitChick]

I will name my first child Satoshi Nakamoto [my last name], boy or girl!

It is a much better name than "Bitcoin."   

[keithers]

just checked the prices for the first time today...looks like we are a bit down.   Let's see if we can gravitate our way back to $666 which has been Stamps comfortable home lately...

[Adrian-x]

what an idiot. if i was the target of such a "you-have-72-hours-to-step-back-or-i-will-throw-shit-at-you"- attack i would not step back at all. bad style.

unless you knew the dirty dirt was really dirty

TBI is playing it like he has the goods

to me, if someone throws shit in that manner, his intensions are always shady. an honest guy would, in my opinion, act differently. tinfoil hat on: tbi is supplied by someone with an agenda against bitcoin with secret information. for his 5 minutes of fame he decides to do go for it, not knowing the aganda of his supplier.

Speculation, but that someone was Peter Vessenes, who discusses the possible scenario, and treated to go public if MK didn't give him his XBT, then went public anyway and blew any hope of Gox good news Partner.

Vessenes wanted the Bitcoinia Bitcoins locked up in Gox which would have been sold to fund legal action that would make Vessenes pay back the Gox money he owes them. the scenario that is playing out is way too convenient for Vessenes.

[600watt]

what an idiot. if i was the target of such a "you-have-72-hours-to-step-back-or-i-will-throw-shit-at-you"- attack i would not step back at all. bad style.

unless you knew the dirty dirt was really dirty

TBI is playing it like he has the goods

to me, if someone throws shit in that manner, his intensions are always shady. an honest guy would, in my opinion, act differently. tinfoil hat on: tbi is supplied by someone with an agenda against bitcoin with secret information. for his 5 minutes of fame he decides to do go for it, not knowing the aganda of his supplier.

Speculation, but that someone was Peter Vessenes, who discusses the possible scenario, and treated to go public if MK didn't give him his XBT, then went public anyway and blew any hope of Gox good news Partner.

Vessenes wanted the Bitcoinia Bitcoins locked up in Gox which would have been sold to fund legal action that would make Vessenes pay back the Gox money he owes them. the scenario that is playing out is way too convenient for Vessenes.

you are much better informed than me, i was guessing wildly

[billyjoeallen]

It's naive to expect people with market clout not to use it. Align your interest with ours at let let power work for you.

[zyk]

It's naive to expect people with market clout not to use it. Align your interest with ours at let let power work for you.

The powers that be stole 400 million dollars from the community...this ralley is the small hope that the community comes to their senses and get the scumbags doxxed down,

thrown in jail and bereft of their heist.....but unluckily as the fall out will show the community prefers to get over this with the majority of coins in the hands of early criminals

bribing their way to scott free.....which will kill it again at 666 and the devils take the hindmost. Shame on those bitcoinidiots

[Flatulenters]

Wow, top notch journalism here lol.

http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

[podyx]

credz to smeggletoot on reddit
http://www.reddit.com/r/Bitcoin/comments/1zucrv/what_i_hope_dorian_nakamoto_is_doing_right_now/

[mah87]

Wow, top notch journalism here lol.

http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

gross "journalist". i wanna puke now

[kurious]

zyk? yeah...been on ignore forever

Yep - I try to be sparing with the ignore - I still only have three or four on my list.

But I think I had zyk on ignore after his third post.

It's not so bad if it's sort of well-argued trolling; I still haven't ignored kkaspar, and I am disappointed with Jorge as he's started to become entrenched, rather than a being what appeared to be a new, benign and interesting uninvolved (but interesting) observer, but not ignored him.

But zyk is up there with Fonzie in my 'waste of space' category.

I should ignore more - catching up on here would be quicker, it's the only thing I envy shroomskit for - at least his pages must whizz by as he is so fond of the ignore button...

However, a little moderation here would be effective 'pour encourager les autres'.  One can dream...

[JorgeStolfi]

Newsweek reporter interview on Bloomberg TV:
http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

I can't find words to describe it.  I hope Dorian Nakamoto sues her for everything she has.

[kurious]

Wow, top notch journalism here lol.

http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

This is modern journalism - she says "forensic journalism.... we could not rule him out"

So she found a broke guy in CA called, wait for it 'Satoshi Nakomoto'!  A guy with a passion for train models (evidence of er... 'techie stuff'), and decided it was her big break - then made the story fit.

The arrogance of journalists like this is stunning and if you have ever worked with them when they have already decided what the story is, and just need enough flimsy evidence to make their name by making a good enough case for it, then you will have seen how immoral and irresponsible they are.

Of course it isn't the right guy - any idiot could see that.  It's just despicable 'journalism'.

Her biggest mistake was thinking that it wouldn't catch up with her and the evidence would not be challenged just as forensically as her 'journalism' was.

Epic fail.

All typed with two spaces after a full stop - I always have done.  But I am not the 'father of Bitcoin' either.

[aminorex]

And in general, do you think that we will have more boom-bust circles in the next years? Or will we change to a somewhat more steady and slower rise?

If the ratio of moneyflows to market price does not change, the cycles will continue unabated.  Their remarkable regularity is likely to result in attempts to front-run the cycle, and hence accelerate it.  That may also tend to blunt the extremes a bit, smoothing them over a diversity of participants.  Persistently retaining value will be likely to incentivize greater moneyflows, however, now that the financial world has actually caught wind of crypto.  One can never anticipate innovation, but a queuing model for innovations is probably useful.  It involves a software development cycle, and in some cases an emergent consensus cycle.

I recommend to anyone who will listen (and that means pretty much everyone I know) that they DCA into BTC at the maximum rate feasible, and try to front-load that.  It's the lowest risk plan which can be executed by a neophyte, I think -- when including expected opportunity costs.

Personally I'm hoping for at least 3 perfect hype cycles, as that would allow me to capitalize my long-range project.  If it works, I'll be about half way to achieving my goals.  If it fails, I'll be financially destroyed.  I think it should be possible to complete 3 cycles in 24 months, which is the minimum amount of time before any innovator at work today could conceivably bootstrap to the point where their crypto was competitive with BTC.  If and when that happens, the hype cycle is likely to change dramatically.  At first it will undergo a quasi-periodic or chaotic regime where it is tightly coupled with the cycle of the innovator.  Ultimately it will decouple as the new homeostasis is discovered.

[kurious]

However, a little moderation here would be effective 'pour encourager les autres'.  One can dream...

No, please not. That would be way too subjective and that is exactly why there is a ignore-button.

You're probably right - I just got tired of so many posts to catch up on when I leave for a day.  I always felt ignoring was a little fascist for the first year on here, but I am growing to feel better about it.

I stand corrected.

[kurious]

And in general, do you think that we will have more boom-bust circles in the next years? Or will we change to a somewhat more steady and slower rise?

If the ratio of moneyflows to market price does not change, the cycles will continue unabated.  Their remarkable regularity is likely to result in attempts to front-run the cycle, and hence accelerate it.  That may also tend to blunt the extremes a bit, smoothing them over a diversity of participants.  Persistently retaining value will be likely to incentivize greater moneyflows, however, now that the financial world has actually caught wind of crypto.  One can never anticipate innovation, but a queuing model for innovations is probably useful.  It involves a software development cycle, and in some cases an emergent consensus cycle.

I recommend to anyone who will listen (and that means pretty much everyone I know) that they DCA into BTC at the maximum rate feasible, and try to front-load that.  It's the lowest risk plan which can be executed by a neophyte, I think -- when including expected opportunity costs.

Personally I'm hoping for at least 3 perfect hype cycles, as that would allow me to capitalize my long-range project.  If it works, I'll be about half way to achieving my goals.  If it fails, I'll be financially destroyed.  I think it should be possible to complete 3 cycles in 24 months, which is the minimum amount of time before any innovator at work today could conceivably bootstrap to the point where their crypto was competitive with BTC.  If and when that happens, the hype cycle is likely to change dramatically.  At first it will undergo a quasi-periodic or chaotic regime where it is tightly coupled with the cycle of the innovator.  Ultimately it will decouple as the new homeostasis is discovered.

+1

Cool, cold realism.

[macsga]

Who cares if its really him? As long as he's CCMF, he's one of us!

[smiley123]

Newsweek reporter interview on Bloomberg TV:
http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

I can't find words to describe it.  I hope Dorian Nakamoto sues her for everything she has.

+1,

The thing I don't get is that if we know his English isn't very good, then there are cultural differences that play a big part in their conversations.  Any subtleties that she tries to use in her language to extract information and make conjectures from doesn't work.

[spiderbrain]

Wow, top notch journalism here lol.

http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

Wow, she really is pathetic, isn't she? And the interviewers know it.

[Chalkbot]

Wow, top notch journalism here lol.

http://www.bloomberg.com/video/can-the-real-dorian-nakamoto-please-stand-up-vSiahPV4ReyViJX2_IJhZw.html

Wow, she really is pathetic, isn't she? And the interviewers know it.

Look guys, she eliminated all of the other possibilities with forensic research, Okay? There were 8 Satoshi Nakamotos, this was the only one who worked on computers. So, without even taking evidence into consideration here, it's already the guy.

Step 2, she asked him something about bitcoin, and she's pretty confident that he knew they were talking about bitcoin, and he said he wasn't involved with it anymore. Okay? Do you understand? The evidence is backing the forensics.

Step 3, someone at Newsweek has vetted this process. Did you forensically find Nakamoto? You googled his name and eliminated the wrong ones by cross referencing their careers/hobbies with the word computer? Check. Did you get evidence to back the research? He claimed he had knowledge of the bitcoin corporation. Check.

What the hell else do you want? Propper journalistic guidelines were followed to a "T", and everything checked out. Your hero is a poor train nerd who lives with his mom. Deal with it.