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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25459138 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. (157 posts by 13+ users deleted.)
Last of the V8s
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April 16, 2019, 11:11:14 AM

Academics teaching the controversy incidentally admit defeat not just for little fraud pricks such as Craig Wright, but for all fiat financial institutions.

https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/cryptoasset-regulation/#.XLWdcYrTWf0
https://archive.is/BGKOo

...a valid signature does not automatically provide proof that the owner of the corresponding private key has produced the signature. Instead, it provides a guarantee that a holder of the private key has initiated the transaction. The use of a private key underpins the presumption that a transaction was authorised. In the context of cryptoassets, the notion of custody thus no longer refers to the direct holding of assets but to the secure storage of cryptographic keys. Despite this functional equivalence, it is far from straightforward that (exclusive) knowledge of a private key is equivalent for all purposes to legal possession.23

There is no title in bitcoin.
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April 16, 2019, 11:13:24 AM

Here he is Wink

Good to see you back Wink
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April 16, 2019, 11:18:31 AM
Last edit: April 16, 2019, 11:37:14 AM by Last of the V8s
Merited by kenzawak (1)

'ello boys^ Grin


https://twitter.com/whalepool/status/1117990816134332416
https://twitter.com/ChandlerGuo/status/1117856178401206274

Bloody Silly Version is not gonna be delisted everywhere yet.


edit: Chandler looks so conflicted in those tweet/videos
what's going on?
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April 16, 2019, 11:18:40 AM

I am not sure I understand the goals of libertarians. If they want to build their own country, they have to be able to defend it.  

A small group of 40 - 50 heavily armed people will never do. A decent defense force means a large population and a taxation systems to support it. Gathering a large population is easy, you simply need to gather the world’s refugees and offer them something better.  You might even gain the support of Western governments if you promise to take their unwanted refugee claimants. Israel was invented to house Jewish refugees and the model is replicable.

But all you have done is recreate the existing state system, with taxes. And that doesn’t seem to be the point.


I think their utopistic point is that in a libertarian world, organisations would adopt sound money (say, BTC) instead of FIAT Money (money that can be printed at will to finance any implausible war a government would want to fight), every nation-scale war would be simply too dear to finance, hence the necessity of every national scale defense would be unnecessary.

F. A. Hayek once said: I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

Another important point is the fundamental difference regarding the approach. In the current system the approach is TOP DOWN: you have to pay taxes because the government decided you have to. In the second system you have to pay the “fees” because you exercise the option to join that particular community. The outcome of paying might be similar, but the underlying logic is totally different.


That’s an interesting point about wars being too expensive to fight. I will need to think about that further.  
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April 16, 2019, 11:41:46 AM

Good morning WO brothers!

We are still @ $5k+

And, Liverpool is going to smash Porto tomorrow. I can feel it 🙂

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April 16, 2019, 12:03:24 PM
Last edit: April 16, 2019, 12:19:05 PM by fillippone

I am not sure I understand the goals of libertarians. If they want to build their own country, they have to be able to defend it.  

A small group of 40 - 50 heavily armed people will never do. A decent defense force means a large population and a taxation systems to support it. Gathering a large population is easy, you simply need to gather the world’s refugees and offer them something better.  You might even gain the support of Western governments if you promise to take their unwanted refugee claimants. Israel was invented to house Jewish refugees and the model is replicable.

But all you have done is recreate the existing state system, with taxes. And that doesn’t seem to be the point.


I think their utopistic point is that in a libertarian world, organisations would adopt sound money (say, BTC) instead of FIAT Money (money that can be printed at will to finance any implausible war a government would want to fight), every nation-scale war would be simply too dear to finance, hence the necessity of every national scale defense would be unnecessary.

F. A. Hayek once said: I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

Another important point is the fundamental difference regarding the approach. In the current system the approach is TOP DOWN: you have to pay taxes because the government decided you have to. In the second system you have to pay the “fees” because you exercise the option to join that particular community. The outcome of paying might be similar, but the underlying logic is totally different.


That’s an interesting point about wars being too expensive to fight. I will need to think about that further.  

It is not entirely my work.
Theres' a lot about it in this excellent book:

The Bitcoin Standard: The Decentralized Alternative to Central Banking

I would suggest everyone to read it, bitcoiner or nocoiner.
Being a nocoiner after having read this book is acid test for stupidity stubbornness.
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April 16, 2019, 12:14:11 PM



https://bitcointalk.org/index.php?topic=5132225.msg50619911#msg50619911

I also have had the best of help to get my TEXT in order of one MEMBER of this thread (guess you guys noticed the fine English writing is not straight of my hand)


BTW I'd change the title to "Merit source application" not "appeal". Wink
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April 16, 2019, 12:24:06 PM

Player Scores 161 BTC Single Spin Jackpot in Cloudbet’s Bitcoin Casino

Tow humble considerations:
  • 1. Good luck retrieving those in case of a genuine win.
  • 2. Something fishy here: there  is the article, then a slot of advertisement and below this reading:
    "This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release." (bold font mine)

    So probably a borderline scam website.
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April 16, 2019, 12:26:52 PM
Merited by Last of the V8s (1)

Buenos dias Bitcoinland.

I see we've recovered a bit since the dip down under $5k... currently $5086USD/$6809CAD (Bitcoinaverage).

The battle for $5k rages on.
_____

Bad new for the superstitious... I'm sitting in the airport waiting for my flight to Mexico City.  

This wasn't planned. My lovely Mexican GF is having a medical emergency and is flying up to MC from Cancun this afternoon to see the far superior doctors in MC. I want to be waiting for her at the airport when she arrives to take care of her.

Hopefully we'll get her fixed within a week and I can fly back up for a week or so before flying back down to Cancun on April 29 for my final dental work.

If she had a passport I'd be bringing her with me. While we're in the big city maybe we can get her one.

Good news for the superstitious... I'll be flying back up in early June for the rainy season and will be in Canada until probably November after the hurricane season.
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April 16, 2019, 01:02:37 PM

BitcoinSV

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April 16, 2019, 01:03:48 PM

Player Scores 161 BTC Single Spin Jackpot in Cloudbet’s Bitcoin Casino

Tow humble considerations:
  • 1. Good luck retrieving those in case of a genuine win.
  • 2. Something fishy here: there  is the article, then a slot of advertisement and below this reading:
    "This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release." (bold font mine)

    So probably a borderline scam website.
All gambling is borderline scam. The entertainment argument is very weak. Poker & co are not gambling.
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April 16, 2019, 01:05:23 PM

'ello boys^ Grin

ello! 😋

Good to see you back. 🙂
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April 16, 2019, 01:24:05 PM

    [SNIP]
    So probably a borderline scam website.
    [/li]
    [/list]
    All gambling is borderline scam. The entertainment argument is very weak. Poker & co are not gambling.
    I do agree, I mean, gambling website are borderline on the wrong (scam) side of the border!

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    April 16, 2019, 01:31:49 PM


    https://twitter.com/Coin_and_Peace/status/1118103107500535808

    Perfect, this will be fun. Grin

    They themselves have dug their own grave.

    Let's gooooo Bitcoin !!!

    Good afternoon, WO,s

    V8 nice to see you again.

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    April 16, 2019, 01:34:00 PM
    Merited by LFC_Bitcoin (1)

    Welcome back V8!

    I want to thank you for checking yourself out at departure like a responsible WO so we did not have to worry about you, others take note.

    How was the trip?
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    April 16, 2019, 01:57:10 PM

    Mic

    I'm missing the total number of hats.

    xhomerx10

    I would also like to know how many new hats in 2019:

    January?
    February?
    March?
    April?

    And from here, each new hat will update.

    Thx.
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    what is this "brake pedal" you speak of?


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    April 16, 2019, 02:09:28 PM

    Bad new for the superstitious... I'm sitting in the airport waiting for my flight to Mexico City.   

    This wasn't planned. My lovely Mexican GF is having a medical emergency and is flying up to MC from Cancun this afternoon to see the far superior doctors in MC. I want to be waiting for her at the airport when she arrives to take care of her.

    Hopefully we'll get her fixed within a week and I can fly back up for a week or so before flying back down to Cancun on April 29 for my final dental work.

    If she had a passport I'd be bringing her with me. While we're in the big city maybe we can get her one.

    Good news for the superstitious... I'll be flying back up in early June for the rainy season and will be in Canada until probably November after the hurricane season.

    sorry to hear of your gf medical problems. hope all goes well with her and she has a speedy recovery.
    LFC_Bitcoin
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    April 16, 2019, 02:21:10 PM

    'ello boys^ Grin


    https://twitter.com/whalepool/status/1117990816134332416
    https://twitter.com/ChandlerGuo/status/1117856178401206274

    Bloody Silly Version is not gonna be delisted everywhere yet.


    edit: Chandler looks so conflicted in those tweet/videos
    what's going on?



    https://media.tenor.com/images/e159e4f1f141acefa427bfa65e56081c/tenor.gif
    LFC_Bitcoin
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    April 16, 2019, 02:34:22 PM



    VB1001
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    April 16, 2019, 02:37:01 PM

    Thanks for the support in the WO statistics. Wink

    Now I am preparing the historical.

    I will try to have it ready on the last day of April.
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