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

[ensurance982]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

Then again, we don't even know if he even (still) holds the keys to the coins. If he ever held the keys. I think it would've been against his desire to make Bitcoin decentralized to hoard that many coins!

[1714211233]

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[1714211233]

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[fonsie]

So long, farewell
Auf Wiedersehen, goodnight
I hate to go and leave this pretty sight

[dropt]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

"I have ways of making money that you know nothing of"-Satoshi D. Nakamoto

" My greatest achievement in life was making shit up on the internet" -jhgfdfghjgf

[12345mm]

unless someone starts buying with a billion or two fake dollars again

Phew, if that's all it takes... They print those everyday in abundance. I think we will be alright.

yeah ... difference is ... that cash actually exists ... and won't be spent on btc ... and no sane billionaire would ever touch this joke market (we can always hope for an insane billionaire though )... what we need is an exchange to spend a couple billion dollars that *doesn't come from anywhere* that they just assign to their own exchange books out of nowhere ... yknow ... like mtgox did to bring us from $20 to $1200 ...

satoshi is either dead , locked up in a mental institution / jail / someone's basement , or so ashamed of what btc has become that he's voluntarily living in exile , or yknow ... doesn't exist at all and is just part of the sham from the get-go for the purpose of creating a heroic pseudoreligious mythos / those coins are the last step of the scam / being held onto just in case we actually reach some beyond beyond beyond nuts valuation ...

[ensurance982]

unless someone starts buying with a billion or two fake dollars again

Phew, if that's all it takes... They print those everyday in abundance. I think we will be alright.

yeah ... difference is ... that cash actually exists ... and won't be spent on btc ... and no sane billionaire would ever touch this joke market (we can always hope for an insane billionaire though )... what we need is an exchange to spend a couple billion dollars that *doesn't come from anywhere* that they just assign to their own exchange books out of nowhere ... yknow ... like mtgox did to bring us from $20 to $1200 ...

satoshi is either dead , locked up in a mental institution / jail / someone's basement , or so ashamed of what btc has become that he's voluntarily living in exile , or yknow ... doesn't exist at all and is just part of the sham from the get-go for the purpose of creating a heroic pseudoreligious mythos / those coins are the last step of the scam / being held onto just in case we actually reach some beyond beyond beyond nuts valuation ...

Doesn't need a billionaire. They don't care making some petty cash while already having more than the total market cap. But there are enough medium-sized investors willing to put money into it.

[ChartBuddy]

Coin
Explanation

[Dump3er]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

"I have ways of making money that you know nothing of"-Satoshi D. Nakamoto

" My greatest achievement in life was making shit up on the internet" -jhgfdfghjgf

Wonder why Satoshi left this forum in disgust? You fellows seem so friendly and polite, a real joy to be around.

Be more emphatic please! Today they got dumped again, so they are all a bit pissed off.

[Sitarow]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

"I have ways of making money that you know nothing of"-Satoshi D. Nakamoto

" My greatest achievement in life was making shit up on the internet" -jhgfdfghjgf

Wonder why Satoshi left this forum in disgust? You fellows seem so friendly and polite, a real joy to be around.

Be more emphatic please! Today they got dumped again, so they are all a bit pissed off.

"Your purpose may not be evident yet. However if you crave some cosmic purpose, then find yourself a worthy goal." -jhgfdfghjgf

[Fatman3001]

Bu-friggin-hu!!! We wave the white flag now. Can we get this mofo confirmed so we can get on with the bull market, please?

[JorgeStolfi]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

It occurred to me another possible reason why Satoshi was so careful to preserve his anonymity, and has not cashed those million BTC that are known to belong to him.

Suppose bitcoin were to crash relatively quickly, leaving thousands of late investors with a couple billion dollars of losses.

Those losers would then see themselves, rightly or wrongly, as the victims of a giant pyramid scheme, that moved those billions from their pockets to the pockets of miners, early investors, and a smattering of thieves, scammers, and assorted middlemen.  

Those losers would probably want to sue the culprits to recover their losses. Prosecutors would want to charge them with the crime of running a pyramid scheme.  Whom would they target?

The early adopters and miners can excuse themselves by saying that they just believed the whitepaper and acted openly and honestly according to it.  

So it would all fall on the guy who conceived the schema, wrote and distributed the software, set the network running, recruited the first members --- and made the most profit from it...

(Only half  "")

[ensurance982]

Bu-friggin-hu!!! We wave the white flag now. Can we get this mofo confirmed so we can get on with the bull market, please?

Care to elaborate? Maybe on a chart or something. Love getting to know more "obscure" TA indicators and patterns. The way I see it, it's a bear-fest

[Sitarow]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

"I have ways of making money that you know nothing of"-Satoshi D. Nakamoto

" My greatest achievement in life was making shit up on the internet" -jhgfdfghjgf

Wonder why Satoshi left this forum in disgust? You fellows seem so friendly and polite, a real joy to be around.

Be more emphatic please! Today they got dumped again, so they are all a bit pissed off.

"Your purpose may not be evident yet. However if you crave some cosmic purpose, then find yourself a worthy goal." -jhgfdfghjgf

I have never spoken those words. Stop misquoting me, you know nothing of my work.

[Torque]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

It occurred to me another possible reason why Satoshi was so careful to preserve his anonymity, and has not cashed those million BTC that are known to belong to him.

Suppose bitcoin were to crash relatively quickly, leaving thousands of late investors with a couple billion dollars of losses.

Those losers would then see themselves, rightly or wrongly, as the victims of a giant pyramid scheme, that moved those billions from their pockets to the pockets of miners, early investors, and a smattering of thieves, scammers, and assorted middlemen.  

Those losers would probably want to sue the culprits to recover their losses. Prosecutors would want to charge them with the crime of running a pyramid scheme.  Whom would they target?

The early adopters and miners can excuse themselves by saying that they just believed the whitepaper and acted openly and honestly according to it.  

So it would all fall on the guy who conceived the schema, wrote and distributed the software, set the network running, recruited the first members --- and made the most profit from it...

(Only half  "")

Who's to say he even cares anymore?  Or the private keys to those early wallets are long gone?

People keep bringing up Satoshi's supposed 1M coins as a cause for concern.  Yet seemingly little concern for other cryptos with $M's worth of early miner coins (yeah Litecoin, I'm looking at you....fair distribution, creator holds virtually none, yet the top 100 Litecoin wallets hold ~7M LTC, with the top wallet holding 9.2%) and early pre-mine crap or pre-created crap (RippleLabs holding 50%, etc.)

So the point is, one crypto is just as good as another these days (in terms of distribution of who holds what).  So back the leading horse that makes decent (or the most) sense and just go with it.

[adamstgBit]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

It occurred to me another possible reason why Satoshi was so careful to preserve his anonymity, and has not cashed those million BTC that are known to belong to him.

Suppose bitcoin were to crash relatively quickly, leaving thousands of late investors with a couple billion dollars of losses.

Those losers would then see themselves, rightly or wrongly, as the victims of a giant pyramid scheme, that moved those billions from their pockets to the pockets of miners, early investors, and a smattering of thieves, scammers, and assorted middlemen.  

Those losers would probably want to sue the culprits to recover their losses. Prosecutors would want to charge them with the crime of running a pyramid scheme.  Whom would they target?

The early adopters and miners can excuse themselves by saying that they just believed the whitepaper and acted openly and honestly according to it.  

So it would all fall on the guy who conceived the schema, wrote and distributed the software, set the network running, recruited the first members --- and made the most profit from it...

(Only half  "")

Who's to say he even cares anymore?  Or the private keys to those early wallets are long gone?

People keep bringing up Satoshi's supposed 1M coins as a cause for concern.  Yet seemingly little concern for other cryptos with $M's worth of early miner coins (yeah Litecoin, I'm looking at you....fair distribution, creator holds virtually none, yet the top 100 Litecoin wallets hold ~7M LTC, with the top wallet holding 9.2%) and early pre-mine crap (RippleLabs holding 50%, etc.)

So the point is, one crypto is just as good as another these days (in terms of distribution of who holds what).  So back the leading horse that makes decent sense and just go with it.

i read a thread with compelling reasoning that all 1M coins are in fact lost forever

[Sitarow]

"Can't believe they fell for it lol."-Satoshi Nakamoto

As he sits on a million BTC instead of cashing out at any point.  Yeah, well thought out proposition you've made there.

It occurred to me another possible reason why Satoshi was so careful to preserve his anonymity, and has not cashed those million BTC that are known to belong to him.

Suppose bitcoin were to crash relatively quickly, leaving thousands of late investors with a couple billion dollars of losses.

Those losers would then see themselves, rightly or wrongly, as the victims of a giant pyramid scheme, that moved those billions from their pockets to the pockets of miners, early investors, and a smattering of thieves, scammers, and assorted middlemen.  

Those losers would probably want to sue the culprits to recover their losses. Prosecutors would want to charge them with the crime of running a pyramid scheme.  Whom would they target?

The early adopters and miners can excuse themselves by saying that they just believed the whitepaper and acted openly and honestly according to it.  

So it would all fall on the guy who conceived the schema, wrote and distributed the software, set the network running, recruited the first members --- and made the most profit from it...

(Only half  "")

Who's to say he even cares anymore?  Or the private keys to those early wallets are long gone?

People keep bringing up Satoshi's supposed 1M coins as a cause for concern.  Yet seemingly little concern for other cryptos with $M's worth of early miner coins (yeah Litecoin, I'm looking at you....fair distribution, creator holds virtually none, yet the top 100 Litecoin wallets hold ~7M LTC, with the top wallet holding 9.2%) and early pre-mine crap (RippleLabs holding 50%, etc.)

So the point is, one crypto is just as good as another these days (in terms of distribution of who holds what).  So back the leading horse that makes decent sense and just go with it.

i read a thread with compelling reasoning that all 1M coins are in fact lost forever

Forever is a subjective thing. I would be more inclined to state they are out of reach by normal means.

[ensurance982]

i read a thread with compelling reasoning that all 1M coins are in fact lost forever

I think I saw that post, as well. But I believe they were merely voicing assumptions and failed to present a single piece of real evidence to back those claims, unfortunately. But I also believe that a lot of those coins may have been lost the second they were mined.

[Cconvert2G36]

Be more emphatic please! Today they got dumped again, so they are all a bit pissed off.

Oh she's plenty emphatic in the delivery. You might have meant empathetic... which will always be in short supply in a game where the winners derive gain directly from the losers.

It would be folly to assume anything other than satoshi still controlling the keys to each and every one of his coins. Not a shred of credible evidence has been provided to suggest otherwise.

[Feri22]

My crystal ball told me we'll go lower and the reversal is postponed...i will try to accumulate as many coins as possible...what about you? Also it's funny most people answered poll the hodl and buy and still the posts are like 99% negative

[12345mm]

logically ... i think satoshi's actions can only fall into a limited # of boxes - assuming he's got access to his million bitcoins (and they weren't lost due to some freak lightning strike / house fire or something like that), he's been watching his personal value go from over $1B now down to more or less 1/4 of $1B for the last year and a half - not bothering to take any action whatsoever while this is occurring can only be explained a few ways - #1 he's fucking nuts and delusionally believes he's god or some shit like that and really thinks these things will be worth millions per btc some day and he'll rule the world ... basically satoshi is the world's biggest bulltard ... so he refuses to sell even a few thousand btc to even take a couple million $ for himself , despite seeing the value go from $1200 to $200 ... #2 he's dead / locked up in some fashion - this makes a lot of sense actually in explaining why he's been willing to sit on his btc while he's lost now nearly a billion dollars of personal net worth also nicely explains why he's disappeared for years without a peep ... #3 he's living in exile voluntarily for whatever personal reason , has given up on using money whatsoever , is living as a buddhist monk in a monestary or something like that having given up all personal possessions and sworn off money entirely ... #4 he doesn't exist outside of being a made up figurehead by the true architects of bitcoin , who *have* sold their millions of other bitcoin , relying on the mythos of "satoshi" and him not moving his bitcoins as an integral part of the sham ...

so i think those are the most likely anyway ... either the coins are fucking gone due to computer-destroying disaster , he's nuts and holding , he's dead or locked up , he's sworn off money and all personal possessions , or he doesn't exist and those coins not being moved is considered an integral part of the bitcoin scam by the true architect(s) ...

[adamstgBit]

https://youtu.be/yzGzB-yYKcc?t=23s