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

[JayJuanGee]

this is horrible

this is going to turn us all into merit whores

I wish I could help. I just tested my spendable merit... and now I have zero

I just gave you a merit point, so let's see if one more person could give you a merit point, then probably, you should have one spendable merit point from the combination of the two merit points.

I gave you 2 merit points.  I hereby declare this a merit Ponzi scheme.

I reciprocated, but I was hoping that someone would give a merit point to Biro Bob, so we could call it teamwork.

I staked 4 merit points with Biro Bob.  Do you think I can trust him?  

You are a very generous fuck, Hairy...   So, if Biro Bob got 5 merit points from the two of us, then he would have 2 spendable merits and half left over, but if he receives one more merit point, then he will have 3 spendable merit points (as long as he does not spend them too soon).  You are correct, there could be some ponzi feeling to this, but sooner or later guys and girl are going to be running out of spendable merits, seems like.. unless they happen to be designated as a "source"?

[1675222875]

1675222875

[1675222875]

1675222875

[1675222875]

1675222875

[Neo_Coin]

[JohnUser]

sell your btc.. you know btc is dead, as always.. i'm not tired anymore to read it, just plain of life. I 'll buy your fucking old btc.

[jojo69]

I would like to announce the launch of my amazing new platform Meritconnect.

Send your merits to me and I will send you back your merits plus one in 30 days.

Exclusive ground floor referral positions available now!  First come first serve!

Don't miss out on this exciting opportunity to earn merits every day!

[JohnUser]

We talk about the old king there, not alt. So..

(..)
Don't miss out on this exciting opportunity to earn merits every day!

Fuck off. You get it ?

[nathalie20]

Are we slowly returning to the moon?

Merit ???what is this

[jojo69]

We talk about the old king there, not alt. So..

(..)
Don't miss out on this exciting opportunity to earn merits every day!

Fuck off. You get it ?

He's just mad about how many merits I'm getting...he's mad bruh

[JohnUser]

indeed... Just see cycle. and you'll consider me as like a seer ;)

2018 will be fun.

[HairyMaclairy]

I would like to announce the launch of my amazing new platform Meritconnect.

Send your merits to me and I will send you back your merits plus one in 30 days.

Exclusive ground floor referral positions available now!  First come first serve!

Don't miss out on this exciting opportunity to earn merits every day!

I want in on the ground floor.  Can I have my referral code please?

What a great community.

[JohnUser]

Are we slowly returning to the moon?

Merit ???what is this

btc is an old man; give him time, let it go. (him).

As I said : fuck off others, it will die as it die thousand times, i'm tired with that.

[R0mi]

Even the Weiss rating bullshit from today kind of demonstrates that either smart people do not understand bitcoin or they are purposefully engaging in misleading behavior...

How the fuck do they give Ethereum a B and bitcoin a C+ and Dogecoin a C...   Makes little sense, except that they are making shit up, and in the end, the fact that some of us can see through the bullshit, we are going to continue to invest in bitcoin and we will profit from such ongoing better than others insight.  In other words, some folks are going to get mislead by the bullshit that ended up coming out of the supposedly objective and professional Weiss rating system.

Calling this little piss ant ratings corporation smart people is beneath you JJG. Market makers and big money sent way more qualified(and discrete) individuals out to check out bitcoin long ago. Any claim by these people is suspect imo. I mean for crying out loud these are the same pond scum that caused the recession. While not exact its of the same tainted lineage.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis


The fact of the matter that bitcoin is getting a grade at all..let alone a C+ is absolutely amazing as far as I am concerned. I mean..think about it..this is the coin associated with mtGox..SR...numerous hacks ect ect.

What do you know about this "piss ant ratings corporation"?  Nothing, I would judge from your comments.  Say what you want, but Weiss and his father were pretty much the only honest ratings company to pick apart bank financials for years and years.  To top it off, you link to a wikipedia posting that has nothing to do with Weiss Ratings and instead focuses on the big-boy, for profit and ongoing business relationships, rating agencies, i.e., S&P, Fitch, Moody's.

If you want take shots at Weiss, quote from their analysis and point out why you think they are dead wrong.  Weiss ratings did not 'cause the recession' and they are definitely not part of the "tainted lineage" of ratings agencies that you refer to.

[fluidjax]

I may have called these Weiss raters "experts" but surely I could have placed quotes around such a designation because I was only referring to them as "experts" in the traditional financial markets sense, and not really conceding that they are true experts, especially in terms of what they would consider to be valuable in a blockchain, and surely, they would not place much value upon decentralization, and that is truely what brings value to bitcoin above and beyond traditional systems and also beyond other cryptos who only feign decentralization rather than actually accomplishing such in any close proximity to bitcoin.

I think we are so used to see disclaimers suchs as "past performance is no guarantee of future performance" type statements we don't hold these people to high standards.
These Weiss raters are indirectly making predictions about what is going to happen, and these predictions are clearly testable.
But I don't see any evidence that any previous predictions were correct. (probably because they only just made up their system)
Until they can prove something like
"If you invested in our top X crypto currencies in the last year you would have made X% profit", then it's just meaningless noise.
Any of us could put together some rules, take a few photos of old men wearing suits on a professional website and then make some recommendations, but we shouldnt give it any weight unless it has been shown provably correct.

But I'm guessing from their currenct set of B rated cryptos, its highly likely that in a years time we aren't going to be giving them much respect.

[JayJuanGee]

Are we slowly returning to the moon?

Merit ???what is this

Merit explained:

https://bitcointalk.org/index.php?topic=2818350.0

[JayJuanGee]

Even the Weiss rating bullshit from today kind of demonstrates that either smart people do not understand bitcoin or they are purposefully engaging in misleading behavior...

How the fuck do they give Ethereum a B and bitcoin a C+ and Dogecoin a C...   Makes little sense, except that they are making shit up, and in the end, the fact that some of us can see through the bullshit, we are going to continue to invest in bitcoin and we will profit from such ongoing better than others insight.  In other words, some folks are going to get mislead by the bullshit that ended up coming out of the supposedly objective and professional Weiss rating system.

Calling this little piss ant ratings corporation smart people is beneath you JJG. Market makers and big money sent way more qualified(and discrete) individuals out to check out bitcoin long ago. Any claim by these people is suspect imo. I mean for crying out loud these are the same pond scum that caused the recession. While not exact its of the same tainted lineage.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis


The fact of the matter that bitcoin is getting a grade at all..let alone a C+ is absolutely amazing as far as I am concerned. I mean..think about it..this is the coin associated with mtGox..SR...numerous hacks ect ect.

What do you know about this "piss ant ratings corporation"?  Nothing, I would judge from your comments.  Say what you want, but Weiss and his father were pretty much the only honest ratings company to pick apart bank financials for years and years.  To top it off, you link to a wikipedia posting that has nothing to do with Weiss Ratings and instead focuses on the big-boy, for profit and ongoing business relationships, rating agencies, i.e., S&P, Fitch, Moody's.

If you want take shots at Weiss, quote from their analysis and point out why you think they are dead wrong.  Weiss ratings did not 'cause the recession' and they are definitely not part of the "tainted lineage" of ratings agencies that you refer to.

Even if Toxic was a bit wrong about the scope of his criticism of Weiss and his use of inadequate supporting materials, he still makes a valid point that it should be pretty fucking clear that Weiss don't know shit about what makes blockchain valuable based on their ratings of B to Ethereum, C+ to Bitcoin and C to Dogecoin.  Evidence enough.  

[HairyMaclairy]

B to Cardano and EOS is hilarious.  

 Part of the problem is they have their rating systems confused.    Letter ratings are supposed to be an indication of financial strength or solvency.    Buy and sell recommendations are supposed to be separate from letter ratings.

It would be perfectly rational for Bitcoin to have an A rating and a sell recommendation by looking at the charts. Instead we have this nonsense combined C rating.

They have conflated letter ratings with buy and sell recommendations.   This makes their ratings look silly. And it’s their own damn fault. They should know better.

[JayJuanGee]

B to Cardano and EOS is hilarious.  

I agree with you about the what the fuck, regarding Cardano and EOS...

Maybe someone could post the actual report here or link to somewhere that we would be able to see it?  I have not seen the actual report because it is behind a paywall.

Part of the problem is they have their rating systems confused.    Letter ratings are supposed to be an indication of financial strength or solvency.    Buy and sell recommendations are supposed to be separate from letter ratings.

They have conflated letter ratings with buy and sell recommendations.   This makes their ratings look like nonsense. And it’s their own damn fault. They should know better.

 Their confusion about how their own letter writing system should work is unforgivable.

Another good point.... 

[Toxic2040]

Even the Weiss rating bullshit from today kind of demonstrates that either smart people do not understand bitcoin or they are purposefully engaging in misleading behavior...

How the fuck do they give Ethereum a B and bitcoin a C+ and Dogecoin a C...   Makes little sense, except that they are making shit up, and in the end, the fact that some of us can see through the bullshit, we are going to continue to invest in bitcoin and we will profit from such ongoing better than others insight.  In other words, some folks are going to get mislead by the bullshit that ended up coming out of the supposedly objective and professional Weiss rating system.

Calling this little piss ant ratings corporation smart people is beneath you JJG. Market makers and big money sent way more qualified(and discrete) individuals out to check out bitcoin long ago. Any claim by these people is suspect imo. I mean for crying out loud these are the same pond scum that caused the recession. While not exact its of the same tainted lineage.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis


The fact of the matter that bitcoin is getting a grade at all..let alone a C+ is absolutely amazing as far as I am concerned. I mean..think about it..this is the coin associated with mtGox..SR...numerous hacks ect ect.

What do you know about this "piss ant ratings corporation"?  Nothing, I would judge from your comments.  Say what you want, but Weiss and his father were pretty much the only honest ratings company to pick apart bank financials for years and years.  To top it off, you link to a wikipedia posting that has nothing to do with Weiss Ratings and instead focuses on the big-boy, for profit and ongoing business relationships, rating agencies, i.e., S&P, Fitch, Moody's.

If you want take shots at Weiss, quote from their analysis and point out why you think they are dead wrong.  Weiss ratings did not 'cause the recession' and they are definitely not part of the "taninted lineage" of ratings agencies that you refer to.

I may have called these Weiss raters "experts" but surely I could have placed quotes around such a designation because I was only referring to them as "experts" in the traditional financial markets sense, and not really conceding that they are true experts, especially in terms of what they would consider to be valuable in a blockchain, and surely, they would not place much value upon decentralization, and that is truely what brings value to bitcoin above and beyond traditional systems and also beyond other cryptos who only feign decentralization rather than actually accomplishing such in any close proximity to bitcoin.

I think we are so used to see disclaimers suchs as "past performance is no guarantee of future performance" type statements we don't hold these people to high standards.
These Weiss raters are indirectly making predictions about what is going to happen, and these predictions are clearly testable.
But I don't see any evidence that any previous predictions were correct. (probably because they only just made up their system)
Until they can prove something like
"If you invested in our top X crypto currencies in the last year you would have made X% profit", then it's just meaningless noise.
Any of us could put together some rules, take a few photos of old men wearing suits on a professional website and then make some recommendations, but we shouldnt give it any weight unless it has been shown provably correct.

But I'm guessing from their currenct set of B rated cryptos, its highly likely that in a years time we aren't going to be giving them much respect.

You know..I was drafting up a reply...but as usual...JJG is so much more eloquent than I. The evidence is right there in the 2nd sentence I quoted.

[Toxic2040]

B to Cardano and EOS is hilarious. 

I agree with you about the what the fuck, regarding Cardano and EOS...

Maybe someone could post the actual report here or link to somewhere that we would be able to see it?  I have not seen the actual report because it is behind a paywall.

More evidence..if they are so fair handed...why the desperate grab for a mailing list and the paywall...now...gtfo.

[R0mi]

B to Cardano and EOS is hilarious. 

I agree with you about the what the fuck, regarding Cardano and EOS...

Maybe someone could post the actual report here or link to somewhere that we would be able to see it?  I have not seen the actual report because it is behind a paywall.

More evidence..if they are so fair handed...why the desperate grab for a mailing list and the paywall...now...gtfo.

Uhm, because most ratings agencies charge some type of fee for their services or complete analysis.  It is really not all that unusual to want to get paid in some form or fashion for research. 

But whatever.  Because you think they owe it to you at no cost, ipso facto, they must be crooks.

[jojo69]

Bitcoin, with almost a decade track record, proven security model and a 180B market cap gets a C+

Doge, which is, was and always will be a JOKE, abandoned by its creator who just rolls his eyes gets a C

Cardano gets a B AND ALL IT IS IS A WHITE PAPER


that's all I need to know about this farce