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

[PayPerAccount(PPA)FTW]

The FOMO is getting strong.

Very

http://i60.tinypic.com/28m1k43.jpg

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[gentlemand]

OMFG bring back the newbie prison already!

A better alternative is Pay Per Account (PPA).  Under the PPA model, traced by IP (or browser fingerprint), your first account is free.  Your second a marginal cost, say $5 USD.  Your third? $50 USD.  Fourth? How about $500.  Just increase the cost by a factor of ten for each account thereafter.

That's an interesting idea. We'll be able to calculate the budget allocated to each shill. After that everyone could club together to pay them to be silent or change tack. I doubt they understand what they're posting anyway.

[shmadz]

OMFG bring back the newbie prison already!

A better alternative is Pay Per Account (PPA).  Under the PPA model, traced by IP (or browser fingerprint), your first account is free.  Your second a marginal cost, say $5 USD.  Your third? $50 USD.  Fourth? How about $500.  Just increase the cost by a factor of ten for each account thereafter.

Won't work. Too easy to spoof. Internet likes to find ways around attempts at censorship.

[damiano]

This trolling has gone to a new level

[marcus_of_augustus]

This trolling has gone to a new level

i think you mean sabotage.

[Shill1]

If I don't see $300 tomorrow I'll be pissed 


Singularity they said, tipping point they said 





BUY! TO THE MOOOOOOOON

[BlindMayorBitcorn]

This trolling has gone to a new level

i think you mean sabotage.

He's just expressing himself, man. You have to admit he really brightens the place up; when you find yourself alone with ChartBuddy too long... Start the seizure party!

[Ask Ken About Love]

OMFG bring back the newbie prison already!

A better alternative is Pay Per Account (PPA).  Under the PPA model, traced by IP (or browser fingerprint), your first account is free.  Your second a marginal cost, say $5 USD.  Your third? $50 USD.  Fourth? How about $500.  Just increase the cost by a factor of ten for each account thereafter.

You may or may not be surprised to know:  Accounts are already bought and sold, pre-aged, for just a fraction of the prices you're suggesting.
This is an established practice of bitcointalk, endorsed by this forum because laissez faire/freedomz

Browser fingerprint?  Use tor bundle.
IP? Use TOR/VPN

Otherwise, great idea

[ChartBuddy]

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Explanation

[Ask Ken About Love]

This trolling has gone to a new level

i think you mean sabotage.

Those Jews with thermite!  How can we stop them?  What's to be done?!

[Richy_T]

OMFG bring back the newbie prison already!

I'm thinking unless the new site is up soon and fantastic, jumping ship becomes more and more attractive.

[SilenceOfTheLamb]

OMFG bring back the newbie prison already!

I'm thinking unless the new site is up soon and fantastic, jumping ship becomes more and more attractive.

Millions are being spent even as we speak, so hold tight!

[Cconvert2G36]

[coinableS]

My goodness, this thread is becoming nothing but trolls and newbie sock puppet accounts.

[YourMother]

"Even before this, David Chaum, an American cryptographer, had been investigating what it would take to create electronic cash. His views on money and privacy led him to believe that in order to do safe commerce, we would need a token money that would emulate physical coins and paper notes: specifically, the privacy feature of being able to safely pay someone hand-to-hand, and have that transaction complete safely and privately.

All of this interest and also the Netherlands’ historically feverish attitude to privacy probably had a lot to do with David Chaum’s decision to migrate to the Netherlands. When working in the late 1980s at CWI, a hotbed of cryptography and mathematics research in Amsterdam, he started DigiCash and proceeded to build his Internet money invention, employing amongst many others names that would later become famous: Stefan Brands, Niels Ferguson, Gary Howland, Marcel “BigMac” van der Peijl, Nick Szabo, and Bryce “Zooko” Wilcox-Ahearn.

The invention of blinded cash was extraordinary and it caused an unprecedented wave of press attention. Unfortunately, David Chaum and his company made some missteps, and fell foul of the central bank (De Nederlandsche Bank or DNB). The private compromise that they agreed to was that Digicash’s e-cash product would only be sold to banks. This accommodation then led the company on a merry dance attempting to field a viable digital cash through many banks, ending up eventually in bankruptcy in 1998. The amount of attention in the press brought very exciting deals to the table, with Microsoft, Deutsche Bank and others, but David Chaum was unable to use them to get to the next level. At one point Microsoft offered Chaum $180 million to put DigiCash on every Windows PC. But Chaum that it was not enough money, and the deal fell through, and Digicash ran out of money.

Second Wave – Web Based Money

On the coattails of Digicash there were hundreds of startups per year working on this space (ROFL @ the similarities), including my own efforts. In the mid 1990s, the attention switched from Europe to North America for two factors: the Netscape IPO had released a huge amount of VC interest, and also Europe had brought in the first regulatory clampdown on digital cash: the 1994 EU Report on Prepaid Cards, which morphed into a reaction against DigiCash.

Yet, the first great wave of cryptocurrencies spluttered and died, and was instead overtaken by a second wave of web-based monies. First Virtual was a first brief spurt of excitement, to be almost immediately replaced by PayPal which did more or less the same thing."

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Not the first time i'm reading this story, but now it makes much more sense.

Edit: Dgicash started in 1990 and died in 1998 (bankruptcy), because nobody gave a shit about it, other than some companies like Microsoft and Friends.

Grandpa Bitcoin is celebrating almost 7 years of existence and from what i see, it lives in the same obscure environment as Digicash.

Maybe you should start realizing that 7 Billion people really don't give a fart about cryptocurrencies.

[adamstgBit]

[shmadz]

Is it just me? Or does $250 in 2015 feel a lot like $5 in 2012?

[Sitarow]

Is it just me? Or does $250 in 2015 feel a lot like $5 in 2012?

indeed.

[Cconvert2G36]

3K btc borrowed by bears in the face of this rise. Margin longs don't seem to have played much of a role. Bid book looks primed for dumping on, but so far no takers. Let's see if it can break out of this mid term channel.

[ChartBuddy]

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Explanation