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

[JimboToronto]

...
At least the Bank of Canada is owned by the Canadian public...

You sure?

In 1938, the bank became a Crown corporation, belonging to the monarch in right of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the Bank is owned by the Minister of Finance on behalf of Her Majesty in right of Canada."

De facto same thing. The government is merely a bunch of servants of the Canadian populace, not their bosses. The courts can tell the government to F off any time they wish, and frequently do. Nobody likes insubordinate servants.

As for the monarchy, it has been close to being abolished for decades. Most Canadians see it as a quaint relic from the past. Impotent, not important. No big deal.

fart

I should have known better than to expect an intelligent conversation with a worthless troll.

Sigh.

[ChartBuddy]

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[Morecoin Freeman]

Everyone get ready for the April Fools' Pump today!

[gkv9]

Everyone get ready for the April Fools' Pump today!

No pumps or dumps might get seen as the markets have gone sideways, seems some stability has come at ~250 as the value has been hovering round to it all the time since months...

[bad trader]

I don't see this staying above $240 for long, unless this goes above $260 soon.

[12345mm]

uuuugggggg ... they just woooooont stooooop shaaaaaaking it out ... shakeout # fucking 30 in the last 3 days ... so freaking obvious and predictable at this point i'm pretty sure nobody's buying it anymore ... it's gone down 3-5 bucks and immediately back up 3-5 bucks sooooo maaaany tiiiiiiimes there cannot be any panic sellers left ... it's probably the same person jamming up both sides of the orderbook on finex with multiple mostly 20/40 orders ... you'd think someone capable to do so will eventually slam us in one direction or another and either take their coins away from them and price them out or leave them with a heavy bag just out of spite and frustration ... also ... pie to the face ! april fools !

[ChartBuddy]

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[billyjoeallen]

Any Toronto folk can vouch for The Star?

Is it considered a main stream, "real news" type publication? Or is it like the onion?

http://www.thestar.com/news/canada/2015/03/23/rocco-galati-in-court-to-challenge-how-bank-of-canada-does-business.html

Story sounds too good to be true, hard to believe.

This guy is a moron. Wealth doesn't come from nowhere. If the Bank of Canada creates money out of nothing to finance public works (or anything really), that wealth is taken out of the pockets of everyone who saves in Canadian dollars. This is why counterfeiting is illegal. If this guy wins his case, there is a mountain of money to be made shorting the loony.

"That guy" is not a moron. He is a lawyer being paid to file a lawsuit. Apparently the government tried to get the case dismissed twice, and couldn't.

https://youtu.be/q0IUl2UMwt4?t=20s

^Even a 12 year old girl knows the current system is a scam.

And if counterfeiting is illegal for our government, why is it ok for private bankers?

Do you even understand the words that are coming out of your mouth you are typing?

If he's not a moron, then he's advocating a position he knows is harmful for Canadians for fame and fortune.

"And if counterfeiting is illegal for our government, why is it ok for private bankers?"

So much wrong with that question. 1)There is a difference between "illegal" and "immoral". 2) only certain types of counterfeiting are illegal for the government. When the governments of the world commit crimes, they use a combination of special pleading and renaming of the crime to justify it.

Private banks openly admit that they are lending out your demand deposits. This is questionable as a business practice but it is not fraud.  You as a consumer of banking services have the responsibility of deciding to do business with banks that are less risky. You can choose to be unbanked entirely if you can endure the inconvenience.

The system IS fucked up and I do blame the banksters, but this proposed solution will actually make the problem worse. We need more sound money, not less sound money.

[Wary]

The government is merely a bunch of servants of the Canadian populace, not their bosses. The courts can tell the government to F off any time they wish, and frequently do.

With all due respect, I still cannot comprehend why do people buy this "public servant" stuff? Try not to pay taxes or to tell a policemen/judge to F off and you'll see who are the bosses and who is merely a bunch of servants. [In fact, I'm not suggesting actually doing it. The thought experiment would suffice ]

[billyjoeallen]

The government is merely a bunch of servants of the Canadian populace, not their bosses. The courts can tell the government to F off any time they wish, and frequently do.

With all due respect, I still cannot comprehend why do people buy this "public servant" stuff? Try not to pay taxes or to tell a policemen/judge to F off and you'll see who are the bosses and who is merely a bunch of servants. [In fact, I'm not suggesting actually doing it. The thought experiment would suffice ]

Mark Twain — 'It's easier to fool people than to convince them that they have been fooled.'

[ChartBuddy]

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[JayJuanGee]

Looks like 250ish Bitcoin is gonna' stick around.

For quite a while.

Yeah!!!!!   Anywhere between 1 day and 1 year.

[Wary]

Mark Twain — 'It's easier to fool people than to convince them that they have been fooled.'

[ChartBuddy]

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[Shatoshi]

Oh ChartBuddy, what would I do without you?

[JimboToronto]

I still cannot comprehend why do people buy this "public servant" stuff? Try not to pay taxes or to tell a policemen/judge to F off and you'll see who are the bosses and who is merely a bunch of servants.

There's a world of difference between policemen/politicians and judges. Judges are bosses while cops and politicians are just servants.

It's an almost cyclic hierarchy. Small local gangs may intimidate members of the general public but are easily trumped by larger international organizations like the Crips or Hell's Angels, who are in turn trumped by the police.

The police in turn are trumped by lawyers who are trumped by judges (right up to the Supreme Court).

The judges (at least here in Canada) are appointed by politicians who ultimately must answer to the general public on election day.

What makes it a hierarchy and not just a circle jerk is the fact that despite being appointed by politicians, judges can overrule them and declare their legislation void. This is why I consider them to be bosses while the cops, lawyers and politicians are just servants.

Yes, you can avoid paying taxes if your accountants and lawyers can convince a judge that you shouldn't have to pay, despite what the politicians and cops have to say.

To me this is basic and essential to any democracy.

JMHO

[luckygenough56]

morning fools

[JimboToronto]

Oh ChartBuddy, what would I do without you?

Now that Chartbuddy has achieved 700 activity points and is eligible for Legendary status, I nominate it for immediate promotion.

Thank you Richy_T.

[fichtn12345]

Oh ChartBuddy, what would I do without you?

Now that Chartbuddy has achieved 700 activity points and is eligible for Legendary status, I nominate it for immediate promotion.

Thank you Richy_T.

+1

[ChartBuddy]

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