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Question: July 28 Closing Price:
<$3,000 - 6 (8.3%)
<$8,000 - 4 (5.6%)
$8,001-$8,500 - 2 (2.8%)
$8,501-$9,000 - 1 (1.4%)
$9,001-$9,500 - 11 (15.3%)
$9,501-$10,000 - 5 (6.9%)
$10,001-$10,500 - 7 (9.7%)
$10,501-$11,000 - 13 (18.1%)
$11,001-$11,500 - 6 (8.3%)
$11,501-$12,000 - 3 (4.2%)
$12,001-$12,500 - 4 (5.6%)
$12,501-$13,000 - 2 (2.8%)
$13,001-$13,500 - 1 (1.4%)
$13,501-$14,000 - 2 (2.8%)
>$14,000 - 2 (2.8%)
>$18,000 - 3 (4.2%)
Total Voters: 72

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21296108 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. (102 posts by 19 users deleted.)
Lauda
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June 18, 2019, 01:43:21 PM

Maybe my broken English made me not clear: Libra is a KYC'd solution.
The KYC doesn't come from the protocol itself, but from the gateways used to access this protocol (wallets).
Well it comes off as: Not at protocol level and thus can be bypassed. This statement would be incorrect. It's good that you clarified though.

What i am saying is that this coin is totally different from BTC, but there are some markets that aren't covered by BTC (yet).
This is incorrect. BTC covers every part of the world, legal or not. For those where it is illegal, it is unlikely that this thing would be legal. Even if it becomes legal, those people will get conned by associating Libra with something that it isn't AND will get harmed once they find this our:
* Sent money with dangerous description? Flagged.
* Sent money to dangerous address? Flagged.
* Sent money to someone we don't like? Flagged.


When I said market I didn't mean geographical markets (they are all covered by bitcoin), but use-case.
Such as?
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June 18, 2019, 01:43:58 PM

Sadly, not worth the time to read that. Terrible shitcoin.

Great summary!
And for the first time in history, (almost) everybody at bitcointalk will agree with Lauda  Grin
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June 18, 2019, 01:44:35 PM

What i am saying is that this coin is totally different from BTC, but there are some markets that aren't covered by BTC (yet).
This is incorrect. BTC covers every part of the world, legal or not. For those where it is illegal, it is unlikely that this thing would be legal. Even if it becomes legal, those people will get conned by associating Libra with something that it isn't AND will get harmed once they find this our:
* Sent money with dangerous description? Flagged.
* Sent money to dangerous address? Flagged.
* Sent money to someone we don't like? Flagged.


When I said market I didn't mean geographical markets (they are all covered by bitcoin), but use-case.

Forget, nobody will pay for coffees with Bitcoin, BTC is an asset, LN is a platform that will use other currencies. Wink
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June 18, 2019, 01:45:57 PM

Maybe my broken English made me not clear: Libra is a KYC'd solution.
The KYC doesn't come from the protocol itself, but from the gateways used to access this protocol (wallets).
Well it comes off as: Not at protocol level and thus can be bypassed. This statement would be incorrect. It's good that you clarified though.

What i am saying is that this coin is totally different from BTC, but there are some markets that aren't covered by BTC (yet).
This is incorrect. BTC covers every part of the world, legal or not. For those where it is illegal, it is unlikely that this thing would be legal. Even if it becomes legal, those people will get conned by associating Libra with something that it isn't AND will get harmed once they find this our:
* Sent money with dangerous description? Flagged.
* Sent money to dangerous address? Flagged.
* Sent money to someone we don't like? Flagged.


When I said market I didn't mean geographical markets (they are all covered by bitcoin), but use-case.
Such as?

As an italian, I love pizza: when I go out to eat a pizza happens I have to pay for such a pizza: I never was able to pay with Bitcoin. Or split the total bill of the pizza with my friends using Bitcoin. Only few of them owns bitcoins, but all of them own Whatsapp.

This is the only one example I am going to give you: I am sure you are smart enough to extrapolate.
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June 18, 2019, 01:46:56 PM

Sadly, not worth the time to read that. Terrible shitcoin.

Great summary!
And for the first time in history, (almost) everybody at bitcointalk will agree with Lauda  Grin
Theymos included, apparently!
Lauda
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June 18, 2019, 01:48:34 PM

As an italian, i love pizza: when I go out to eat a pizza happens I have to pay for such a pizza: I never was able to pay with bitcoin. Or split the total bill of such pizza with my friends in Bitcoin. Only few of them owns bitcoins, but all of them owns Whatsapp.

This is the only one example I am going to give you: I am sure you are smart enough to extrapolate.
If you are willing to sell your data/privacy in order to be able to pay for pizza with a permissioned shitcoin, excuse me but why are you here? This thing will onboard crypto-less users, who can already pay for whatever they need using traditional methods. I can't think of any mainstream use-cases where this would be the superior tool to what we have now; maybe some extreme edge-cases, but who cares about that?

Sadly, not worth the time to read that. Terrible shitcoin.
Great summary!
And for the first time in history, (almost) everybody at bitcointalk will agree with Lauda  Grin
Theymos included, apparently!
It's a rare day when I am not controversial. Cheesy
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June 18, 2019, 01:49:45 PM

As an italian, i love pizza: when I go out to eat a pizza happens I have to pay for such a pizza: I never was able to pay with bitcoin. Or split the total bill of such pizza with my friends in Bitcoin. Only few of them owns bitcoins, but all of them owns Whatsapp.

This is the only one example I am going to give you: I am sure you are smart enough to extrapolate.
If you are willing to sell your data/privacy in order to be able to pay for pizza with a permissioned shitcoin, excuse me but why are you here? This thing will onboard crypto-less users, who can already pay for whatever they need using traditional methods.
I believe roach and gembitz are on board
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June 18, 2019, 01:51:23 PM

As an italian, i love pizza: when I go out to eat a pizza happens I have to pay for such a pizza: I never was able to pay with bitcoin.

In Europe it's not as widely spread as in the States. Give it a little more time. LN could make the things easy and fast; if not other companies enter the BTC payment processing field too.

Or split the total bill of such pizza with my friends in Bitcoin. Only few of them owns bitcoins, but all of them owns Whatsapp.

Are you sure they'll keep money locked in the app? Are you sure that coin will pay for the pizza? Are you sure your expectations are not too big, too fast?
Lauda
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June 18, 2019, 01:58:08 PM

I believe roach and gembitz are on board
Backed by garbage metals maybe?

To add fuel to this fire, even their Github description is dishonest:



https://github.com/libra/libra
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June 18, 2019, 02:05:19 PM

I believe roach and gembitz are on board
Backed by garbage metals maybe?

To add fuel to this fire, even their Github description is dishonest:



https://github.com/libra/libra

I guess it depends on their description of decentralised. If they mean that the ledger is spread over two servers then I am sure it's not centralised /s
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June 18, 2019, 02:07:58 PM

There are a lot of use case where I can give up a little of privacy for convenience

If you're OK with that, then you can use the credit card that you already have and:
 - Get x% back
 - Use your ordinary fiat currency instead of a weird amalgamation
 - Have your payment accepted at pretty much every retailer on earth

There's a huge market for KYC payments, but it's already filled by credit cards etc. I see zero market for Facebook's KYC cryptocurrency: it's the worst of all worlds.

I cannot send Money from my credit Card to my young son, or I cannot send to an unbanked person.

...

I don't understand how libra will help the unbanked if they have to go to a bank or money exchange to buy it with cash. Surely all banks and money exchanges will want to see ID like a passport. How can the unbanked get a passport with some earning less than $2 USD per day?

Even if money exchanges will do business without a passport facebook is demanding a passport scan for KYC.

https://edition.cnn.com/2019/06/18/tech/facebook-libra-cryptocurrency/index.html

Quote
One of the aims of the project is to help the 1.7 billion people around the world who don't have bank accounts access a stable currency and financial services.

Quote
But Libra will still face a hurdle to get widely adopted.

To get Libra, users will need to go to their local bank or money exchange to trade local currency for it.

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June 18, 2019, 02:13:35 PM


https://twitter.com/aantonop/status/1140953685809348608

#LibreNotLibra Wink
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June 18, 2019, 02:14:10 PM

If Libra is set to be a stable coin then why is it even a topic of conversation, why’s it being reported on so much?
Nobody is going to make any money from it apart from Zuckerberg, pointless waste of time.
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June 18, 2019, 02:15:34 PM
Merited by VB1001 (1)



Best piece of advice you'll ever get.
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June 18, 2019, 02:16:13 PM

There are a lot of use case where I can give up a little of privacy for convenience

If you're OK with that, then you can use the credit card that you already have and:
 - Get x% back
 - Use your ordinary fiat currency instead of a weird amalgamation
 - Have your payment accepted at pretty much every retailer on earth

There's a huge market for KYC payments, but it's already filled by credit cards etc. I see zero market for Facebook's KYC cryptocurrency: it's the worst of all worlds.

I cannot send Money from my credit Card to my young son, or I cannot send to an unbanked person.

...

I don't understand how libra will help the unbanked if they have to go to a bank or money exchange to buy it with cash. Surely all banks and money exchanges will want to see ID like a passport. How can the unbanked get a passport with some earning less than $2USD per day?

Even if money exchanges will do business without a passport facebook is demanding a passport scan for KYC.

https://edition.cnn.com/2019/06/18/tech/facebook-libra-cryptocurrency/index.html

Quote
One of the aims of the project is to help the 1.7 billion people around the world who don't have bank accounts access a stable currency and financial services.

Quote
But Libra will still face a hurdle to get widely adopted.

To get Libra, users will need to go to their local bank or money exchange to trade local currency for it.



I don't want to sound blasphemous, but: 1 Libra= 1 Libra

If I  am unbanked somewhere in the world, and I am able to receive and spend Libra without touching FIAT, because everyone can send and receive Libra, why should I convert it to my Local even shittier FIAT currency? I can stay inside libra forever.

Yes: this is premature, but this is the final outcome od 2.7 Billions users.
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June 18, 2019, 02:18:58 PM

So back to the topic. Where to hold 1000k party and what fun things to do? ? ?


If you keep moving the goal posts - as to what price will be the "party", then NO party will be happen.    Tongue


 Cheesy Cheesy Cheesy Cheesy Cheesy
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June 18, 2019, 02:19:33 PM



Best piece of advice you'll ever get.

I just stared at this for about 30 seconds before figuring out what it means Cheesy

+ 1 WO Merit, sadly I’m out at the moment.
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June 18, 2019, 02:22:38 PM
Merited by jbreher (1), JimboToronto (1), fillippone (1)

www.calibra.com


Enforced KYC and insured against hacks.

Thats the Libra website if someone is wondering.

Quote
What do I need to get started?

When Calibra is available, you will need a government-issued ID to sign up for an account. Identity verification is important to comply with laws and prevent fraud, so you know people are who they say they are.

Is Calibra available in my country? What countries is Calibra available in?

Our goal is to make Calibra available to everyone, anywhere in the world. We are working to bring Calibra to as many countries as possible, as soon as we can.

LOL. This shitcoin is DOA.

A payment method with the ''privacy'' of Facebook, customer-friendly policy of Paypal, Uber terms of employment with the interest rate from visa. Smiley
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June 18, 2019, 02:23:59 PM

They aren't wrong though. It can not become a sovereign currency as it is centralized garbage by a company.They can call it permissioned all they want, it's worthless. The Libra garbage absolutely does not need blockchain in any way, but there will be many gullible kool-aid drinkers falling for this scam.

In other words, just like the Bitcoin scam which utilizes non-fungible tokens with transaction validators being designed to centralize resulting in a permissioned ledger scam whose only possible endgame evolution is an exact replica of the Chinese social credit score system.  Your post scores 1 out of 10 swastikas.

卍 _ _ _ _ _ _ _ _ _
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June 18, 2019, 02:26:31 PM

www.calibra.com


Enforced KYC and insured against hacks.

Thats the Libra website if someone is wondering.

Quote
What do I need to get started?

When Calibra is available, you will need a government-issued ID to sign up for an account. Identity verification is important to comply with laws and prevent fraud, so you know people are who they say they are.

Is Calibra available in my country? What countries is Calibra available in?

Our goal is to make Calibra available to everyone, anywhere in the world. We are working to bring Calibra to as many countries as possible, as soon as we can.

LOL. This shitcoin is DOA.

A payment method with the ''privacy'' of Facebook, customer-friendly policy of Paypal, Uber terms of employment with the interest rate from visa. Smiley

This is fun, until you realise it is actually true.
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