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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 12 (7.7%)
H2 2019 - 16 (10.3%)
H1 2020 - 29 (18.6%)
H2 2020 - 28 (17.9%)
H1 2021 - 12 (7.7%)
H2 2021 - 31 (19.9%)
H1 2022 - 6 (3.8%)
H2 2022 - 4 (2.6%)
H1 2023 - 0 (0%)
H2 2023 - 3 (1.9%)
2024 or Later - 15 (9.6%)
Total Voters: 156

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21290952 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.)
HairyMaclairy
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June 19, 2019, 04:43:17 AM

Basically, libra (which would be based only on usd, eur, pounds and yen) would decimate local currencies. If used broadly, why would anyone use local? Binance research suggests something similar, but in a wrong direction.

If you earn USD, why would you want to take (partial) FX risk on yen, pounds and euros?
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June 19, 2019, 04:46:06 AM

They are reinventing the Tether scam. A crypto pegged to FIAT. Nothing to see here.

But one difference with Tether is that Tether is not a scam.  Tether is actually used (and that is why tether get's so much hate in the media, including gov'ts and financial institutions), as contrasted with the vast majority of the other allegedly "stable" coins.

Tether was fully backed by collateral deposits. Until it wasn't.

Tether was so not a scam. Until it was.

In regards to Tether, you are spouting out the mainstream media line too?  For what purpose?  Do you even understand what is going on in regards to the threat that tether seems to pose towards mainstream and that is largely fueling the misinformation and exaggeration campaign regarding it?

Do you work for bitfinex? You've been making excuses for them for years now.

They claimed they were fully capitalized. Until they were forced to admit they were not.

It's really not that hard to detect their dishonesty. I really don't need to point out anything more than that.
HairyMaclairy
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June 19, 2019, 04:47:28 AM
Merited by Last of the V8s (1)

1008 Argyle Street,
Finnieston,
GLASGOW,
G3 8LX

do I win a cookie?

Yes

You can collect it at 1008 Argyle Street, Finnieston, Glasgow. 


Go up to the bar and ask for the cookie from Hairy.
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June 19, 2019, 04:51:03 AM

Your limit buy order for 0.11* BTC at $8,99* has been filled immediately.

72% of the way to owning another full kernel of corn.

#btfd #hodl

I mean, that's cool and all, but I must admit some puzzlement as to why you would be publicly touting minnow activity? I had you pegged for a much larger fish.
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June 19, 2019, 04:52:03 AM

New Poll "When 10K"?
Should be short. Smiley


Nite all.  <<-- Shit /OpSEc fail
HairyMaclairy
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June 19, 2019, 04:57:19 AM

Except we don't really KNOW if it was really fully backed. Also, neither cash nor BANKING FIAT are absolutely NON-FUNGIBLE... if they were selling Tether in exchange of banking fiat coming from dubious individuals/corporations, those funds were not really worth their face value because you are assuming a risk (that finally materialised) that the funds gets frozen later.

That's the reason even people (not only governments/banks) do require reasonable KYC on the origin of funds for big purchases, because you could end up without the sold good plus the obtained funds seized on a later date.

We only know that one point in time it was backed and that was done by a law firm which was only allowed access to the balance but not the books. Shady but they did prove they had the cash at that one point in time.

Shady was using a law firm instead of an accounting firm. That smacks of guilt right there.
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June 19, 2019, 04:57:48 AM

Basically, libra (which would be based only on usd, eur, pounds and yen) would decimate local currencies. If used broadly, why would anyone use local? Binance research suggests something similar, but in a wrong direction.

If you earn USD, why would you want to take (partial) FX risk on yen, pounds and euros?

True, that goes without saying re the dollar.
What I am talking about is the following: if, theoretically, libra becomes popular for exchange in countries outside of the big four currencies represented in the 'basket', I can foresee citizens of those countries abandoning their local currencies.
Why would they still transact in rupee/lira/peso/rand when essentially a basket of stronger currencies is available? Obviously, this trend will not happen in places where local currency appreciated in the last 10 years.
HairyMaclairy
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June 19, 2019, 05:02:49 AM

Basically, libra (which would be based only on usd, eur, pounds and yen) would decimate local currencies. If used broadly, why would anyone use local? Binance research suggests something similar, but in a wrong direction.

If you earn USD, why would you want to take (partial) FX risk on yen, pounds and euros?

True, that goes without saying re the dollar.
What I am talking about is the following: if, theoretically, libra becomes popular for exchange in countries outside of the big four currencies represented in the 'basket', I can foresee citizens of those countries abandoning their local currencies.
Why would they still transact in rupee/lira/peso/rand when essentially a basket of stronger currencies is available?

USD is the global reserve currency.  Making it a basket of currencies is very international but unnecessarily complicated things, in a way that a Venezuelan with a grade 3 education will struggle to understand.

Facebook dun goofed.  It should be a USD stable coin only.
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June 19, 2019, 05:03:33 AM

That's not enough evidence for ME.


I was so close to sending you an smerit, based on my erroneous reading of your post... then I saw that you had used the word "not," in the above depicted sentence and I realized that I had misread the jist of your post.




hahahahahahahaha    Cheesy Cheesy Cheesy Cheesy Cheesy

Good thing that I did NOT accidentally send NO smerit based on a mistaken misreading of "not" in a sentence.   Wink Wink


Whew... what a relief.

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June 19, 2019, 05:08:33 AM
Merited by butka (1)

Good morning, WO,s

It's the last comment I make about the FB shit in this thread.

Quote
I think Libra will be Google+ of cryptocurrencies. There is an industry trend: IBM succeed in enterprise IT but failed to build devices for consumers, Apple succeed but failed to build internet services, Google succeed but failed to build social services, Facebook succeed but ..?

https://twitter.com/hashmap/status/1140977186100404224
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June 19, 2019, 05:12:50 AM
Merited by nutildah (1)

[edited out]
Yes, I am an asshole, and so are you (probably most of us here, whether we admit it or not)........

I am not an asshole.

Now I remember why I stopped coming here....

Hahahahahahahaha.... Good thing that you were able to find some evidence to confirm your previously held beliefs.

Does your above statement mean that you are going to continue to NOT come here into this thread, and then us folks, here, are going to have to go back to trying to get by without your recently valuable contributions?

If so, sucks to be us.  

Seems like we are NOT going to be as fulfilled and satisfied as we could have been.     Cry Cry
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June 19, 2019, 05:17:31 AM

Basically, libra (which would be based only on usd, eur, pounds and yen) would decimate local currencies. If used broadly, why would anyone use local? Binance research suggests something similar, but in a wrong direction.

If you earn USD, why would you want to take (partial) FX risk on yen, pounds and euros?

True, that goes without saying re the dollar.
What I am talking about is the following: if, theoretically, libra becomes popular for exchange in countries outside of the big four currencies represented in the 'basket', I can foresee citizens of those countries abandoning their local currencies.
Why would they still transact in rupee/lira/peso/rand when essentially a basket of stronger currencies is available?

USD is the global reserve currency.  Making it a basket of currencies is very international but unnecessarily complicated things, in a way that a Venezuelan with a grade 3 education will struggle to understand.

Facebook dun goofed.  It should be a USD stable coin only.

it would make no sense to fb to limit only to $$.
here is a reason:
https://www.bloomberg.com/opinion/articles/2019-06-18/facebook-will-make-the-money-now

Quote
For another thing, if Libra gains widespread acceptance, its lack of one-to-one correspondence will give it a tendency to displace national currencies. If you mostly spend dollars, and Libra is always going up and down against the dollar, that will be annoying and you won’t want as many Libras. But if you mostly spend Libras—if Facebook is successful at making this the main currency of the internet—then that dynamic will reverse. If the dollar is always going up and down against the Libra, that will be annoying and you’ll want more Libras. The dollar will start to seem unstable and useless. If you buy most things online, and if everything online is priced in Libras, then you’ll end up living your life denominated in Libras, and only converting your Libras into dollars on your occasional touristic visits to the physical world. 4 The goal is for Libra to be more useful than any national currency, accepted in more places and with fewer complications; pegging it to a single national currency would only hold it back.

However, if zuck would try to displace the dollar...well, let's just say that it won't happen.
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June 19, 2019, 05:24:21 AM



Sorry - needed to quote a .jpg in order to respond.

I am puzzling over how facebook advertising could possibly violate fair housing laws. Have we really sunk this far from a position of free trade?



Mic

Saw this and thought of you



I need to ask. Why the two satellite antennas oriented towards ground?

Dude that’s seriously funny

Don't make me dig out Maxwell's equations on y'all.



www.calibra.com


Enforced KYC and insured against hacks.

Thats the Libra website if someone is wondering.

Hmm. Sure bout that? May be scam.

Evidence? My spidey senses are tingling.

Also, registrar (1api.net) is different than facebook's (registrarsafe.com). Why?

I think it will be less centralized then SV.

I fail to see what that has to do with whether or not the website listed above is really Libra's official site or rather an impostor, but certainly savor your snide snicker sideswipe.

Full disclosure: as day has worn on, I feel less alarm over the possibility than I did at first encounter.
HairyMaclairy
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June 19, 2019, 05:35:28 AM

Don't make me dig out Maxwell's equations on y'all.


Go on then
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June 19, 2019, 05:39:52 AM

What an assholish thing to say.

Look, you came in here telling people to "stfu" when it came to roach. Which is ironic because now you can't shut up about him. You don't understand how the forum rules work, just humbly accept that. Nobody can censor roach except for infofront. He's clearly not going to be banned from the forum, so it really doesn't matter what any of us think.

Once again you change the subject  Roll Eyes

Not ironic; I don't care about him or what he says (you should try it); if anything, I use my brain and reaffirm my arguments against him. Don't be such a pansy. You mocked me, patronized me, all because I called out the ridiculousness of people complaining about someone they can completely ignore. You can ignore me, just like I'm putting you on ignore. Yes, I am an asshole, and so are you (probably most of us here, whether we admit it or not), and the fact that you are legendary shows just how far this thread has fallen over the last 7 or so years I've been a part of it.

Now I remember why I stopped coming here; if you're not part of the echo chamber, you're told to gtfo and your opinions are invalid (to get off of roach, jbreher has been subject to this multiple times)... it's pathetic.

Right, so the next time you come in here telling people to shut the fuck up, you should be able to do it without expecting any sort of consequences. Got it. This is indeed the dumbest argument I've had here for a while.
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June 19, 2019, 05:42:11 AM

Careful with your OpSec kenzawak, my friend. I do enjoy your journeys though, just stay safe Smiley

Checking my ip logs at least twice a day but you're right, you never know, I need to be careful.
Thanks for looking out !

Yeah, 99% of people on this thread are probably absolutely fine. There’s always a couple of cunts everywhere though.

Thats why on the eight day God said "Thou shall provide an ignore button, that is all"

Work on your reading skills Hueristic!!!!!!!!!!!    Angry Angry Angry


Sometimes I get a decent amount of pleasure to boss around other WO peeps, even if they don't listen to me, anyhow.   Cheesy Cheesy Cheesy Cheesy

Anywhooo.... If you had read the contents of the posts that you responded to, you should have noticed that they are NOT referring to the kind of "fine" or "NOT fine" that the use of an ignore button will rectify.

They are referring to someone who might be involved in this thread to violate the opsec of privacy of other members - which is not affected by use of the "ignore button."

Actually, I would assert that way more than 99% of the peeps here don't give two shits about attempting to invade the privacy of the personal lives of other members here, but there is an industry that goes around and targets various individuals, and likely they would target the individuals with weaker opsec.. or if they can find any possible exploitable chink in the armor.

Meh, I was trying to make a funny. Anything said in an open forum should be weighed v/s what OpSec level you wish to achieve. There is no way you can change that and actually thinking you could would adversely effect your ability to reach that unattainable goal by giving yourself a false sense of security which inevitably leads to lowering your guard. Now if you feel that someone is plying you for more information than you should be sharing then the ignore button is your friend. Wink

Hahahahahahahaha


Very funny!!!!!!!!!!



NOT.



By the way, this further response comes off as quite fatalistic.

You seem to be arguing that if "bad peeps" gonna get you, then they gonna get you, and there is nothing really meaningful that you can do.

Yeah right...  Roll Eyes Roll Eyes Roll Eyes

Of course, there is a certain amount of oversharing that should be avoided to ensure better opsec.  Of course, merely participating in open public forms like this might cause some opsec issues in and of itself... but sometimes, there are ways to help opsec by not sharing too many personal details.

Of course, WO peeps are going to come to differing choices regarding how much personal information to share - and other opsec measures that they might discretionarily decide to take.
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June 19, 2019, 05:58:26 AM

Jew servant Trump, the man who dodged the draft, getting ready to send the goyim off to die for Israel in style:

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June 19, 2019, 06:03:04 AM

They are reinventing the Tether scam. A crypto pegged to FIAT. Nothing to see here.

But one difference with Tether is that Tether is not a scam.  Tether is actually used (and that is why tether get's so much hate in the media, including gov'ts and financial institutions), as contrasted with the vast majority of the other allegedly "stable" coins.

Tether was fully backed by collateral deposits. Until it wasn't.

Tether was so not a scam. Until it was.

In regards to Tether, you are spouting out the mainstream media line too?  For what purpose?  Do you even understand what is going on in regards to the threat that tether seems to pose towards mainstream and that is largely fueling the misinformation and exaggeration campaign regarding it?

Do you work for bitfinex? You've been making excuses for them for years now.

Of course, I don't work for them.

I got kicked off their platform for a couple of years now, so I don't follow them as much as I used to.

Nonetheless, there is a lot of bullshit that is presented about them, on an ongoing basis.

There have been proclamations of their death nearly as many times as the death of bitcoin, and some of the death proclamations overlap.

They don't seem to be as BAD of players as peeps like to make them out to be, including the nonsubstantiated baloney that you assert, too.



They claimed they were fully capitalized. Until they were forced to admit they were not.


Why can't you at least present matters a bit more objectively rather than seeming to be so emotionally attached.  Bitfinex has continued to get by pretty well in the bitcoin space..... and they come up with some interesting solutions, and have not done any exit.. so far.... Yes, there is a lot of negative shit out there on them, but frequently they are able to balance a decent amount of attacks and keep operating with a decent amount of ongoing success and continued support from a decent number of users, too.

Yes, maybe some day they will do an exit scam, but they haven't so far.




It's really not that hard to detect their dishonesty.

Yes, especially when you seem to have some kind of axe to grind with them.

You really buy that they are engaged in shenanigans rather than also being attacked?

I don't believe that they were completely honest in their 2016 hack and how they handled it, but they surely did get through that situation in a very creative way...

They also seem to be putting up a decent fight with the tether shenanigans including some of the loss of funds, including court claims against them too... and they survived several procedural situations in which the government was seeking injunctions against them, and they are getting around the injunctions, so it seems, no?


I really don't need to point out anything more than that.

O.k.. don't then... you bitfinex hating fool.   Tongue Tongue Tongue  (another hat for you to wear).
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June 19, 2019, 06:03:46 AM

Basically, libra (which would be based only on usd, eur, pounds and yen) would decimate local currencies. If used broadly, why would anyone use local? Binance research suggests something similar, but in a wrong direction.

If you earn USD, why would you want to take (partial) FX risk on yen, pounds and euros?

True, that goes without saying re the dollar.
What I am talking about is the following: if, theoretically, libra becomes popular for exchange in countries outside of the big four currencies represented in the 'basket', I can foresee citizens of those countries abandoning their local currencies.
Why would they still transact in rupee/lira/peso/rand when essentially a basket of stronger currencies is available?

USD is the global reserve currency.  Making it a basket of currencies is very international but unnecessarily complicated things, in a way that a Venezuelan with a grade 3 education will struggle to understand.

Facebook dun goofed.  It should be a USD stable coin only.

it would make no sense to fb to limit only to $$.
here is a reason:
https://www.bloomberg.com/opinion/articles/2019-06-18/facebook-will-make-the-money-now

Quote
For another thing, if Libra gains widespread acceptance, its lack of one-to-one correspondence will give it a tendency to displace national currencies. If you mostly spend dollars, and Libra is always going up and down against the dollar, that will be annoying and you won’t want as many Libras. But if you mostly spend Libras—if Facebook is successful at making this the main currency of the internet—then that dynamic will reverse. If the dollar is always going up and down against the Libra, that will be annoying and you’ll want more Libras. The dollar will start to seem unstable and useless. If you buy most things online, and if everything online is priced in Libras, then you’ll end up living your life denominated in Libras, and only converting your Libras into dollars on your occasional touristic visits to the physical world. 4 The goal is for Libra to be more useful than any national currency, accepted in more places and with fewer complications; pegging it to a single national currency would only hold it back.

However, if zuck would try to displace the dollar...well, let's just say that it won't happen.


wait:

https://www.politico.com/story/2019/06/18/maxine-waters-facebook-hearing-1539475

lol

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June 19, 2019, 06:05:23 AM

Your limit buy order for 0.11* BTC at $8,99* has been filled immediately.

72% of the way to owning another full kernel of corn.

#btfd #hodl

I mean, that's cool and all, but I must admit some puzzlement as to why you would be publicly touting minnow activity? I had you pegged for a much larger fish.

s/he/it is internally contradictory.  And unstable, from time to time.   Cheesy Cheesy Cheesy  Cheesy Cheesy Cheesy


Not rational and sane, like you.   Roll Eyes Roll Eyes   
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