The instigator of all this might have been me. I think it is appropriate for me to reveal that I indeed made such a request to Theymos a bit less than a week ago. I have been reading these boards for quite a long time - and trolling has always been present - but lately it was really, really getting out of hand. Next to that I noticed that scam posts and troll posts outside of the Wall Observer topic just managed to stay there for many hours/days on some occassions, which gave me enough reason to believe that Blitz is actually inactive. I asked to add someone to assist Blitz in that regard.
A board that is not being moderated will as a rule bring about the worst the internet has to offer, given sufficient time has passed. Moderation is a harsh necessity which I once again welcome here.
Well, ... except that the thread was started by Adam, and he has been quite active all the time here. Perhaps he should have a say on what he thinks belongs in the "& discussion" part of the topic? It not nice to accuse him of negligence, just because his thread is not the way you like...
In 16 months and several thousand posts on this thread, I had only one post deleted by Adam -- not because it was off-topic, but because it was negative about bitcoin and he got upset about it. The next day, without me asking, he restored the post and apologized. A fine fellow he is indeed...
Now I suddenly have 10 posts of mine deleted in a row, including the one below, which is quite on-topic:
I find it hard to believe that the heavyweight attorney that specializes in this SEC stuff can't make it happen or know the approach to making it a high probability. I'm sure she has had clients that work in key areas of the SEC and/or is on a first name basis w/ politicians that can properly lean on the needed personnel to lock this up.
The SEC's approval depends on an evaluation of merit. Many applications are denied.
Furthermore, I'm sure major interest across wall street and the hedge fund scene want this type of thing up and running to put portions of their assets into it for an intense growth wing.
Is that a fact? Entities that have invested in bitcoin (Fortress, Overstock, DigitalBTC, Tim Draper, The Bitcoin Foundation) seem to have regretted it, and did not want to repeat the experience. They could have bought shares of BIT from SecondMarket, but they didn't. They could have bought raw bitcoins (brokers would be happy to assemble large lots for them), but they didn't. (Risk is not a concern for large investors, they can hire expertise and guard their coins as safely as COIN would do.)
Wall Street obviously does not see bitcoin as being worth more than 220 $/BTC right now...
The last price bubble was China adopting bitcoin; but then China effectively banned its use, so that bubble has been deflating since then. The next price bubble must come from some demand even bigger than China's. Russia is about to ban it, India does not seem interested, Africa and Latin America are unlikely to buy much. Basically the only hope is "Wall Street" and/or IRA accounts. But that depends on COIN being approved.
If this is not on-topic for "Price movements & discussion", I don't know what is.
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