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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381818 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
BlindMayorBitcorn
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July 16, 2016, 12:06:52 PM

The consortium pays him in USD, obviously.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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abyrnes81
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July 16, 2016, 12:29:58 PM
Last edit: July 16, 2016, 12:47:44 PM by abyrnes81



Mark T. Williams

Mark T. Williams teaches finance, risk management and capital markets at Boston University School of Management and is a former Federal Reserve Bank examiner.









Stolfi has a wikipedia article only for himself. It seems very accurate:

Quote
Bitcoin activities
In late 2013 Jorge took an active interest in the emerging market of Bitcoin trading, and invested a substantial portion of his personal wealth in the cryptocurrency. He is assumed to be among the 500 largest holders of Bitcoins in the world.

https://en.wikipedia.org/wiki/Jorge_Stolfi


That's why I love Wikipedia.

They might not be accurate, but sometimes they are funny as hell.

By the way, how can we know if he's telling the truth when he says that he has no Bitcoin?

I don't think Jorge stolfi owns bitcoins and I'm sure he is honest when he says, signature:
Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.

Why should he tell a lie?
fichtn12345
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July 16, 2016, 12:44:03 PM
Last edit: July 16, 2016, 12:54:23 PM by fichtn12345

ugh... still not enough of trollfi?
how about this theory: nlc is one of trollfi's alter egos and izablabla kaminzky is his daughter and helps him trolling the btc community?! Lips sealed

Edit: i forgot to add my explanation why he does this..
 satoshi gave him alot of btc in 2009 for promotion reasons, he then sold them all when the price hit 10$ the first time. 10k bucks profit and he was glad that he got out before the 'bubble' burst. after seeing the price hit 250$ he thought "damn, maybe i was wrong after all. i will just buy back in with all my money".
There was another dump to two digits and he sold at the bottom with a horrible loss of more than 50%. Ever since then he was butthurt and started trolling. His daughter seeing her inheritance had more than halfed also joined in the never ending trollvendetta...
i am sorry for exposing the truth or maybe i am just kidding. who knows?
BlindMayorBitcorn
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July 16, 2016, 12:46:18 PM

ugh... still not enough of trollfi?
how about this theory: nlc is one of trollfi's alter egos and izablabla kaminzky is his daughter and helps him trolling the btc community?! Lips sealed

Izabella Kaminska is a saint. Leave her out of this. Angry
respawn2
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July 16, 2016, 12:49:30 PM

By the way, how can we know if he's telling the truth when he says that he has no Bitcoin?

We don't. He might might be holding a boatload of bitcoin, but wants to go broke by convincing people that it's worthless.
Karpeles
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July 16, 2016, 12:51:44 PM

By the way, how can we know if he's telling the truth when he says that he has no Bitcoin?

We don't. He might might be holding a boatload of bitcoin, but wants to go broke by convincing people that it's worthless.

Dialectic thinking.

If he is wrong and BTC goes to the moon, he will be rich. If he is right and BTC fails, he will lose, but at least he can brag to others he was right all the time.

He will "win", one way or another
respawn2
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July 16, 2016, 12:57:50 PM

By the way, how can we know if he's telling the truth when he says that he has no Bitcoin?

We don't. He might might be holding a boatload of bitcoin, but wants to go broke by convincing people that it's worthless.

Dialectic thinking.

You mean Hegelian dialectic? How so?

Quote
If he is wrong and BTC goes to the moon, he will be rich. If he is right and BTC fails, he will lose, but at least he can brag to others he was right all the time.

He will "win", one way or another

I see. Just one of the reasons we bitcoiners are renowned for our lucid, incisive reasoning.
Andre#
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July 16, 2016, 01:08:22 PM

ugh... still not enough of trollfi?
how about this theory: nlc is one of trollfi's alter egos and izablabla kaminzky is his daughter and helps him trolling the btc community?! Lips sealed

Izabella Kaminska is a saint. Leave her out of this. Angry

I love your humor!  Cheesy
BlindMayorBitcorn
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July 16, 2016, 01:32:11 PM

ugh... still not enough of trollfi?
how about this theory: nlc is one of trollfi's alter egos and izablabla kaminzky is his daughter and helps him trolling the btc community?! Lips sealed

Izabella Kaminska is a saint. Leave her out of this. Angry

I love your humor!  Cheesy

A saint!
https://www.mixcloud.com/bitcoinuncensored/isabella-kaminska-interview-on-bitcoin-blockchain-and-the-nature-of-money/

Let us have a moment of silence for my dear friend, The_Hamburglar, killed in a barbaric and cowardly terrorist mod attack.

Let us never forget.

RIP My Friend

Dotto
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July 16, 2016, 01:43:19 PM

ugh... still not enough of trollfi?
how about this theory: nlc is one of trollfi's alter egos and izablabla kaminzky is his daughter and helps him trolling the btc community?! Lips sealed

Edit: i forgot to add my explanation why he does this..
 satoshi gave him alot of btc in 2009 for promotion reasons, he then sold them all when the price hit 10$ the first time. 10k bucks profit and he was glad that he got out before the 'bubble' burst. after seeing the price hit 250$ he thought "damn, maybe i was wrong after all. i will just buy back in with all my money".
There was another dump to two digits and he sold at the bottom with a horrible loss of more than 50%. Ever since then he was butthurt and started trolling. His daughter seeing her inheritance had more than halfed also joined in the never ending trollvendetta...
i am sorry for exposing the truth or maybe i am just kidding. who knows?

LOL
BitUsher
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July 16, 2016, 01:56:49 PM

[for the newbies]

Isabella Kaminska, our beloved, multifaceted, low activity troll

Isabella Kaminska may be a bit of a luddite missing some of the technical aspects of bitcoin that could revise her argument but she appears genuine and honest unlike jstolfi who intentionally or unintentionally will make dishonest and misleading statements to further his objective.

If only more trolls/buttcoiners were like her we would be much better off.
BlindMayorBitcorn
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July 16, 2016, 01:58:18 PM

Have you listened to her interview on BTCuncensored? She's a seriously reasonable academic. Her basic premise is she considers Bitcoin a luxury good. I think she's right. Listen to it^ and tell me she's wrong.
BitUsher
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July 16, 2016, 02:15:02 PM

Have you listened to her interview on BTCuncensored? She's a seriously reasonable academic. Her basic premise is she considers Bitcoin a luxury good. I think she's right. Listen to it^ and tell me she's wrong.

There is a lot of things she gets right, but many things she misunderstands as well. Her suggestion that bearer instruments drain wealth from society partly due to the cost to secure them is incorrect. She also is confused politically about bitcoins role in regulatory arbitrage and she seems to be very misguided into believing Anarchists are opposed to rules/regulations.

I suppose it depends upon how you define "luxury good". Some of those luxuries she speaks of are a matter of survival for people, so her characterization isn't accurate there either.

I get a strong sense she is honestly attempting to seek truth and be genuine in her research though , so I would suggest she is in the group of one of the more respected critics.
nioc
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July 16, 2016, 02:23:43 PM

While having nothing better to do I deciding to clean up my many hundreds of bookmarks and came upon the following in my btc folder.  I love "news" Roll Eyes  Please note the date.

http://www.bloomberg.com/news/articles/2014-07-10/bitcoin-by-bitcoin-the-winklevii-etf-inches-closer-to-reality
yefi
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July 16, 2016, 03:50:31 PM

Izabella Kaminska is a saint. Leave her out of this. Angry

We all know you harbour feelings for her, but she is a human and you are just a corncob.
European Central Bank
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July 16, 2016, 03:53:59 PM

While having nothing better to do I deciding to clean up my many hundreds of bookmarks and came upon the following in my btc folder.  I love "news" Roll Eyes  Please note the date.

http://www.bloomberg.com/news/articles/2014-07-10/bitcoin-by-bitcoin-the-winklevii-etf-inches-closer-to-reality

if i'd been them i wouldn't have even gotten started making an application without a proper exchange on the scene. sec guy would throw it in the bin without that. i guess that's one of the reasons they created gemini as itbit didn't exist then either.
JimboToronto
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July 16, 2016, 04:03:28 PM

Good morning Bitcoinland.

Continuing sideways for a week now.



Ho hum.
savetherainforest
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July 16, 2016, 04:08:05 PM
Last edit: July 16, 2016, 07:30:59 PM by savetherainforest

Military coup in turkey.
Bitcoin up?

Discuss....


*Edit21:

- US Vice President John Kerry said:  Recep Tayyip Erdogan is himself to blame for this situation that someone tried a coup on him.  (LOL ... this sh!t ain't over yet!)

*Edit22:

- The death count from the attempted coup is nearing ~300 dead. ("Who cares..? They are just muslims!")

*Edit23:

- Somewhere around ~2900 judges have been arrested.

- And ~2900 military soldiers and personnel have been also arrested.

- Some of the military are still fighting, and hours after the president announced that the coup failed. An F-16 bombed a military facility and the home of the president. (he was not at home)  Cheesy
  Also footage of one of the bombings: https://www.youtube.com/watch?v=Ueh8cY3i9U4
BlindMayorBitcorn
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July 16, 2016, 04:54:40 PM

Izabella Kaminska is a saint. Leave her out of this. Angry

We all know you harbour feelings for her, but she is a human and you are just a corncob.


Alas... Cry


Have you listened to her interview on BTCuncensored? She's a seriously reasonable academic. Her basic premise is she considers Bitcoin a luxury good. I think she's right. Listen to it^ and tell me she's wrong.

There is a lot of things she gets right, but many things she misunderstands as well. Her suggestion that bearer instruments drain wealth from society partly due to the cost to secure them is incorrect. She also is confused politically about bitcoins role in regulatory arbitrage and she seems to be very misguided into believing Anarchists are opposed to rules/regulations.

I suppose it depends upon how you define "luxury good". Some of those luxuries she speaks of are a matter of survival for people, so her characterization isn't accurate there either.

I get a strong sense she is honestly attempting to seek truth and be genuine in her research though , so I would suggest she is in the group of one of the more respected critics.

Agreed.
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July 16, 2016, 09:12:27 PM

And low compared to what?
The past month. $76,807,200 in the past 24hrs.

$51,025,700 today. https://coinmarketcap.com/currencies/bitcoin/
The joint's jumpin'.
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