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

[Rosewater Foundation]

Glib and uninspired. TERA2 might be the weakest troll we've had. No gumption. What's wrong, little lady? Lemon party too far for you?  

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[Elwar]

We seem to be at the peak of a long era of 'laissez faire' rampant capitalism - which has just produced debt slavery for the world's masses and incredible wealth and power for the few.  Without any alternative competing systems to rein it all in since the 'victory' over communism and socialism, we simply seem to have completely accepted modern capitalism 'raw in tooth and claw'.

Give me a call when that era of laissez faire rampant capitalism starts instead of the socialist/communist system we're currently under.

[Anon136]

long era of 'laissez faire' rampant capitalism

This has to be a joke  . There is more government regulation and red tape today than there ever has been. Taxes on anyone who is actually productive are crippling while the unproductive are subsidized. The landscape is dominated by megalithic corporations because individuals and smaller firms lack the economy of scale to comply with the profoundly onerous burden of regulatory compliance. And from this you perceive laissez faire... How... just how...

[Torque]

Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.

General Electric should be the poster child for the whole corrupt "We're-doing-great-and-our-stock-is-flying-oh-shit-now-its-tanking" financial establishment. They'll all be doing great up until the day, the very minute they run out of money to buy back their own stock.

GE one month : "We're doing great! Earnings are up! Stock is up!"

GE the next month : "Oh shit, suddenly we're out of cash! Our debts exceed our free cash! We've been hiding our revenue losses with shady accounting and cooked books. Shit! Time to cut our stock and dividend in half. Get rid of the CEO! Jettison everything! Lay off thousands!"

Of course the executives are the only ones who get a golden parachute. Everyone else gets a pink slip.

So... Forgive me, Torque - but it begs this philosophical question:  Isn't this just unfettered capitalism in action?

Don't get me wrong, I am not trolling you or trying to catch you out.

But...  

We seem to be at the peak of a long era of 'laissez faire' rampant capitalism - which has just produced debt slavery for the world's masses and incredible wealth and power for the few.  Without any alternative competing systems to rein it all in since the 'victory' over communism and socialism, we simply seem to have completely accepted modern capitalism 'raw in tooth and claw'.

I actually agree with most of what you say here and basically it's obvious the current system is corrupt to the core - and on a simple, human level - yes, patently unfair.

So if it's not working for the common good - do we tear it all down, or are we just trying to make sure we are getting a slice of the pie?

Just wanting to be rich is 'joining them, not beating them'.  Wanting to change it requires new ideas, new heroes thinking of new ways - and people prepared to be part of the solution, not just wannabes who want to be part of the elite that cause the problem - with lambos to prove it.

Is parachutes for the rich and pink slips for the ordinary Joes ok?

Or not.

I am not pretending I have an answer to this and I am part of this system by default, but I would be interested in your thoughts

I really can't answer this or expound on my thoughts right now because it would require a book. And I'm too tired to write a book, and of course I don't want to be accused of adopting JJG level walls of text, lol.

Suffice to say, it wouldn't have become run away rampant predator capitalism if corruption hadn't be allowed to infiltrate the entire system.  Even prominent hedge fund managers don't know what the fuck is going on anymore, nothing makes any sense. Some sanity would come back to the markets if:

1. Gov't needs to stop actively managing the markets through Fed and CB intervention (just look at the bond market, it's ridiculous.. comical. Who's fkn buying that shit?)

2. End stock buybacks - they used to be illegal, most people don't even know that

3. More transparency in corporate earnings reporting - end the loopholes and fuzzy accounting practices

4. CEOs and executives need WAY more accountability for company performance and earnings - quit rewarding them for bad behavior

5. Let the fucking equities market have it's bear market for gods sake. Quit propping it all up by tethering everything to FAANGs and then constantly goosing the FAANGs with CB fiat money

[infofront]

[jojo69]

It's a catch 22 kurious.

You create some structure to contain the beast and within a couple generations the barons you sought to rein in will have seized those very reins and turned the tools you created against you.

I am not saying we would have a better time in anarchy, but at least the asshole with his boot on your head would not be able to clothe his actions in the pretty lies of the state.

[infofront]

Glib and uninspired. TERA2 might be the weakest troll we've had. No gumption. What's wrong, little lady? Lemon party too far for you?  

There are few things more entertaining than a good troll.
It's disappointing that the level of trolling has been so low for so long now. One would think there'd be plenty of fodder what with the recent lows and all.
But the best we get is Mark, that guy with the lambo.

[smartcomet]

https://medium.com/coinmonks/hyperbitcoinization-winner-takes-all-69ab59f9695f

Hyperbitcoinization: Winner Takes All
(or how Bitcoin gets to $100,000,000)
...

Socially Wired Money
Our connected world collapses time and space. Today an individual with robust social media connections can potentially reach millions of people across the globe. Influencers drive followers to adopt, buy and co-promote products and ideas to their own social circles in near real-time. Consumers trust peer recommendations over any other form of advertising.

[jojo69]

what's the blue line?

[xhomerx10]

what's the blue line?

 Some sort of rocket fuel I suspect.

[mymenace]

Like a three pronged attack on bitcoin
How events unfolded in the disappearance of satoshi

1) Wikileaks exposes bitcoin (Scares the shit out of Satoshi)
2) Bruce Wagner tells the newspapers its Satoshi
3) Satoshi runs
4) Gavin Adreeesseennnn dicusses bitcoin whitepaper with CIA
5) Bitcoin gets attacked non stop even ongoing today

Why is Bitcoin so dangerous?

First ever block exposes 2 things
1) The theory of everything
2) 500000 bitcoin on hold can be used to create a new currency reserve

The framing of your ideas expressed in this last part are a bit unclear to me.... because I agree that there are a lot of things going on in bitcoin, but it seems to me that there is even more going on and other logical connections that you have not captured in your above attempt.

..."that there is even more going on and other logical connections that you have not captured in your above attempt."....

That is the correct question!

Fill in the blanks (More to add, a lot of resources)

1) Wikileaks exposes bitcoin (Scares the shit out of Satoshi)
https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=0
Satoshis last page of posts reflect hurriedly handing bitcoin off to Gavin

https://bitcointalk.org/index.php?topic=1735.msg26999#msg26999
Wikileaks thread on bitcoin being exposed

Basically, bring it on.  Let's encourage Wikileaks to use Bitcoins and I'm willing to face any risk or fallout from that act.

No, don't "bring it on".
The project needs to grow gradually so the software can be strengthened along the way.
I make this appeal to WikiLeaks not to try to use Bitcoin.  Bitcoin is a small beta community in its infancy.  You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.

2) Bruce Wagner tells the newspapers its Satoshi

MY LETTER TO THE AUTHOR OF THE ARTICLE:   ( <keir@keirthomas.com>  author of   goo.gl/n0UQt )

I appreciate PC World finally doing an article about the most revolutionary and amazing new technology of the 21st Century so far --- Bitcoin.
However, this really is lazy journalism.
The article implies that Bitcoin was invented as a RESULT of Wikileaks troubles...  as sort of an altrernate SOLUTION to Wikileaks donation funding troubles.
That is NOT TRUE.
The truth is:  Most "Bitcoin.org Forum" members want no association with Wikileaks whatsoever.
The Creator of Bitcoin, Satoshi, has even made a public plea to Wikileaks NOT to accept donations via Bitcoin.
The truth is quite the opposite from the impression that this story leaves.
Most in the Bitcoin Community do NOT want Bitcoin to be associated with Wikileaks in any way.
Bruce Wagner New York City +1 646-580-0022 http://bitcoinme.com

3) Satoshi runs
    
Is Satoshi Alive? Thread
https://bitcointalk.org/index.php?topic=2757.140

mewantsbitcoins
Full Member*** Activity: 126 Merit: 100 Posts: 917 View Profile Personal Message (Offline)
Re: Gavin will visit the CIA  28-04-2011, 07:59:08
   
This is a bad idea and gives me uneasy feeling
But I guess if Bitcoin is going to survive, it will have to go through it. Although, if you declined their offer, it would most probably delayed any action against bitcoin

Edit: and by reading satoshi's post I get the same feeling, that he wanted to keep bitcoin under the radar for as long as possible.

I didn't know this topic still came up, are people still looking for him? He is not dead, but he does like his privacy.  

4) Gavin Adreeesseennnn dicusses bitcoin whitepaper with CIA 28-04-2011, 05:00:26
https://bitcointalk.org/index.php?topic=6652.msg97181#msg97181
I want to get this out in the open because it is the kind of thing that will generate conspiracy theories:  I'm going to give a presentation about Bitcoin at CIA headquarters in June at an emerging technologies conference for the US intelligence community.

5) Bitcoin gets attacked non stop even ongoing today

(Need to add resources)
a) DDos attacks forum
b) Forum members as CIA stooges
c) Discredit blockchain,
blocksize debate
create alternate coins
create corrupt exchanges and hacks
virus in wallets and miners
create new blockchain with easy app addition (Ethereum)
Bear market, Fud
The rise of tokens
The rise of forks
blocksize debate 2 - distributed lightning network


Why is Bitcoin so dangerous?
blocks expose 2 things

1) The theory of everything
#00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a
https://bitcointalk.org/index.php?topic=172009.msg1789665#msg1789665

https://blockchain.info/block-index/1707079/00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a

http://21e8.com/

2) 500000 bitcoin on hold can be used to create a new currency reserve

[Hueristic]

Why Satoshi committed suicide?

Because he read your posts.

Did I win?

I find it a little odd he asked so many personal questions in his first message.

HI SATOSHI I R PROGRAMMAR TOO
WHAT'S YOUR SOCIAL SECURITY NUMBER, FULL LEGAL NAME, DATE OF BIRTH, AND MOTHERS MAIDEN NAME?

BTW I HELP OUT THE CIA BUT IT'S TOTALLY COOL

Was my thought as well and the response was the best. Yes you may work for me.

[Paashaas]

Zugdanoff: they panic sold, reverse the Facebook ad ban.

[realr0ach]

Glib and uninspired. TERA2

He always tries to distract people from physical metals with talks about imaginary shitcoins.  He doesn't even name the Jew.

https://dailystormer.name/jews-admit-they-are-hostile-to-white-christian-civilization/

[mymenace]

Zugdanoff: they panic sold, reverse the Facebook ad ban.

CIA Ashkenazi stooge NO 1

[actmyname]

what's the blue line?

The actual price

[windjc]

https://i.imgur.com/aai0I2D.gif

Could be worse. We could all be IdiOTAs right now.

Heard their network split into three tangles this afternoon. Triple spend IOTA anyone ?

Never a dull day in crypto.

Link?

[RejectedBanana]

what's the blue line?

The gaussian adoption curve.



We've a ways to go...

[TERA2]

[realr0ach]

https://www.zerohedge.com/news/2018-06-26/swedens-neo-nazi-party-support-surges-immigrant-gang-violence-soars