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

[JorgeStolfi]

Interesting, now I begin to understand your natural (and frankly, irrational) aversion to bitcoin.

I don't follow the reasoning... I would say that my close encounters with the Amway epidemics in the 1990s, and watching the TelexFree epidemics quite recently, have more to do with it.  And 40+ years of witnessing a long string of wonderful technological projects and ideas that flopped...

[shmadz]

Interesting, now I begin to understand your natural (and frankly, irrational) aversion to bitcoin.

I don't follow the reasoning... I would say that my close encounters with the Amway epidemics in the 1990s, and watching the TelexFree epidemics quite recently, have more to do with it.  And 40+ years of witnessing a long string of wonderful technological projects and ideas that flopped...

I'm close to passing out, but I'll try to be more coherent.

You have been accustomed to seeing scams. You've seen them probably your entire life.

There are many scams involving bitcoin as the vehicle of payment, but as far as I know, there is no inherent scam involved in the bitcoin system itself.

When you take a step back and realize that the enabler for these scams (bitcoin and others) is the opacity of the ownership of money (and other assets I.e. you give your money to a third party and they do as they please) then you begin to realize that a truly transparent system of transaction has the potential to limit the scope of the scam.

Once you begin to realize the extent of the scam being perpetrated by the current fiat system, then you will begin to realize the true value of bitcoin.

I hope I'm making sense, I'm seeing double at this point.

[shmadz]

And here is something I thought interesting for the traders, don't know if it means anything, but I like random lines on charts



If that low point was actually a pivot or reversal, then this might be a "legit" trend line... at least until it's broken, lol

*sorry, I can't get my phone to fit the volume bars in there, maybe someone could draw a better one?

[ChartBuddy]

Coin
Explanation

[spooderman]

Scams involving bitcoin just talk to it's excellent ability as a means of storing and transferring value.

Just like science making nuclear bombs doesn't make science "evil" it makes it effective.

[shmadz]

Scams involving bitcoin just talk to it's excellent ability as a means of storing and transferring value.

Just like science making nuclear bombs doesn't make science "evil" it makes it effective.

You know what's cool? Speaking of the scientific method, I heard a podcast featuring that guy who's always ragging on bitcoin, Tim Swanson, very intelligent guy, great arguments. But I think that sometimes people get so caught up in something that they can't get a proper perspective. People sometimes get emotionally attached to the experiment and can't objectively measure the results or outcomes of the experiment they are trying to test.

I'm the same way, as are most bitcoin enthusiasts.

It's important to listen to the negative arguments. Bitcoin is not perfect, it might still fail and fall on its face. It would be an abnormality of innovation of it didn't, actually.

I think we have to take a measured approach and stop trying to "sell" bitcoin to the masses. It's not only counter-productive, it's irresponsible.

[ElectricMucus]

Scams involving bitcoin just talk to it's excellent ability as a means of storing and transferring value.

Just like science making nuclear bombs doesn't make science "evil" it makes it effective.

You know what's cool? Speaking of the scientific method, I heard a podcast featuring that guy who's always ragging on bitcoin, Tim Swanson, very intelligent guy, great arguments. But I think that sometimes people get so caught up in something that they can't get a proper perspective.

I'm the same way, as are most bitcoin enthusiasts.

It's important to listen to the negative arguments. Bitcoin is not perfect, it might still fail and fall on its face. It would be an abnormality of innovation of it didn't, actually.

I think we have to take a measured approach and stop trying to "sell" bitcoin to the masses. It's not only counter-productive, it's irresponsible.

Don't be mad, I'm sure your next shilling check will be better, who are you with? JPM?

[shmadz]

Scams involving bitcoin just talk to it's excellent ability as a means of storing and transferring value.

Just like science making nuclear bombs doesn't make science "evil" it makes it effective.

You know what's cool? Speaking of the scientific method, I heard a podcast featuring that guy who's always ragging on bitcoin, Tim Swanson, very intelligent guy, great arguments. But I think that sometimes people get so caught up in something that they can't get a proper perspective.

I'm the same way, as are most bitcoin enthusiasts.

It's important to listen to the negative arguments. Bitcoin is not perfect, it might still fail and fall on its face. It would be an abnormality of innovation of it didn't, actually.

I think we have to take a measured approach and stop trying to "sell" bitcoin to the masses. It's not only counter-productive, it's irresponsible.

Don't be mad, I'm sure your next shilling check will be better, who are you with? JPM?

Didn't you used to have an avatar?

[YourMother]

We have great news...



 

[shmadz]

We have great news...
 

Q: "Why wouldn't you want to innovate on top of the existing platform?"

A: Because it's corrupt to the core.

[ChartBuddy]

Coin
Explanation

[YourMother]

We have great news...
 

Q: "Why wouldn't you want to innovate on top of the existing platform?"

A: Because it's corrupt to the core.

I get what you are saying, but have you asked the rest of the world, aka 7 billion people, if they give a shit about it ? I just talked to my parents the other day about money. Not once did they complained about the current banking system or fiat in general.

[BayAreaCoins]

Charlie Lee responds to Rick Rolling me and the community.

https://bitcointalk.org/index.php?topic=938514.msg10285298#msg10285298

[shmadz]

We have great news...
 

Q: "Why wouldn't you want to innovate on top of the existing platform?"

A: Because it's corrupt to the core.

I get what you are saying, but have you asked the rest of the world, aka 7 billion people, if they give a shit about it ? I just talked to my parents the other day about money. Not once did they complained about the current banking system or fiat in general.

Just wait a couple years.

How did your parents retirements funds fare in the 2008-9 crash btw? Not trying to be mean, just saying that many people I know were hurt financially during those times.

The underlying system has not changed.

[YourMother]

If you are a Attorney out of California reading this and interested in getting involved please contact me through the forums and I'm happy to give a phone number to chat.  

Looking to recover $220,000 + damages + whatever Bitcoin pumps to according to my contracts.

Will be happy to enter into a contingent fee agreement with the law office that I believe will represent me best.

If you lived in California and feel fucked by Coinbase please feel free to contact me as well.

I have a appointment next week with a few pre-screenings.

WTF ?

[BayAreaCoins]

If you are a Attorney out of California reading this and interested in getting involved please contact me through the forums and I'm happy to give a phone number to chat.  

Looking to recover $220,000 + damages + whatever Bitcoin pumps to according to my contracts.

Will be happy to enter into a contingent fee agreement with the law office that I believe will represent me best.

If you lived in California and feel fucked by Coinbase please feel free to contact me as well.

I have a appointment next week with a few pre-screenings.

WTF ?

Duped into buying BTC believe Coinbase had got an exchange approved and regulated by the State of California when in fact they didn't....



Further investigations show that Coinbase has Ninja Guards and operate out of a hidden location.

[epilido]

How were you duped into loosing 220,000?  Please lay out the math?

[shmadz]

The regulating environment in the U.S. is not conducive to progress in any way.

Good luck U.S.citizens, I hope it all works out for your global reserve currency.

btw, we've had a successfully operating bitcoin exchange in Canada for almost four years now...

[shmadz]

How were you duped into loosing 220,000?  Please lay out the math?

Hmm, legal math?

I would expect something like,

unreasonable expectation + unconfirmed promises = gimme moneys!!!

[epilido]

How were you duped into loosing 220,000?  Please lay out the math?

Hmm, legal math?

I would expect something like,

unreasonable expectation + unconfirmed promises = gimme moneys!!!

Figured  I would just call him out.....