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

[r0ach]

Amir Taco belongs in a high school garage band somewhere instead of Bitcoin:

https://forum.bitcoin.com/bitcoin-discussion/amir-taaki-and-the-segway-in-austria-t7749.html

[ImI]

Honestly Amir looks to be at the brink of going full ISIS anytime soon.

[Mrpumperitis]

Honestly Amir looks to be at the brink of going full ISIS anytime soon.

nah i doubt he would work for the usa 

[BitUsher]

Honestly Amir looks to be at the brink of going full ISIS anytime soon.

By him calling ISIS a cancer?

[Ultrafinery]

Honestly Amir looks to be at the brink of going full ISIS anytime soon.

By him calling ISIS a cancer?

Must agree, looks mighty badass with that 3D-printed reciever and mag. What's that rifle hanging behind his back, he gona go Rambo on statist jackboots? Hey, is that a 3D-printed handgun sticking out of his hoodie pocket?
To be that cool

What will weak bankster stooges, better known as gubermint jooz, ever do?

[Dekker3D]

It will be a rollercoaster ride I must say and you need to know how to ride the wave to get the most out of the price swings brought by believers and profit takers.

[BitUsher]

Context matters, and Amir's language is making it easy for others to re-contextualize his statements. I doubt he is suggesting using physical violence against Gavin, but "violently" insuring his destruction by exposing him and the foolishness of those that think they can cooperate with the state and come out unscathed.

[Ultrafinery]

Context matters, and Amir's language is making it easy for others to re-contextualize his statements.

Yeah, they did that Hitler too. Turns out all the slanderous lying rhetoric was based on a simple misunderstanding, "Jews" and "juice" being homophones.

[BlindMayorBitcorn]

Have we destroyed the Satoshi coins yet? Just checking...

[JimboToronto]

Good morning Bitcoinland.

Still in the $450s I see. Still coiling.

[BlindMayorBitcorn]

Good morning Bitcoinland.

Still in the $450s I see. Still coiling.

Have you ever considered the possibility that Bitcoin is the personal property of Satoshi? I don’t think there will ever be enough liquidity to let him cash out without gutting the economy.

[gentlemand]

Where does this 1 million coin figure come from? I've no doubt he has a ton but there are probably a few other people who aren't too far behind.

[BlindMayorBitcorn]

Where does this 1 million coin figure come from? I've no doubt he has a ton but there are probably a few other people who aren't too far behind.

Theymos estimates it's probably less than half that number. But still..

[JayJuanGee]

Have we destroyed the Satoshi coins yet? Just checking...

I've seen some recent discussion of such.. ..

Whoever came up with that....

   Dumb idea...

[BitUsher]

Have we destroyed the Satoshi coins yet? Just checking...

I've seen some recent discussion of such.. ..

Whoever came up with that....

   Dumb idea...

Theymos did suggest this...

https://www.reddit.com/r/Bitcoin/comments/4isxjr/petition_to_protect_satoshis_coins/d30we6f

"Edit: To be absolutely clear: I am not proposing (and would never propose) a policy that would have the goal of depriving anyone of his bitcoins. Satoshi's bitcoins (which number far below 1M, I think) rightfully belong to him, and he can do whatever he wants with them. Even if I wanted to destroy Satoshi's bitcoins in particular, it's not possible to identify which bitcoins are Satoshi's. I am talking about destroying presumably-lost coins that are going to be stolen, ideally just moments before the theft would occur. "

This being said , I don't think what he is actually suggesting is a good idea either.

[BlindMayorBitcorn]

Have we destroyed the Satoshi coins yet? Just checking...

I've seen some recent discussion of such.. ..

Whoever came up with that....

   Dumb idea...

If he really wanted there to have been confidence in the economics of a deflationary currency he ought to have done it himself. The fact he didn’t leads one to believe he wants the dough. And I suppose he’s entitled to it. Either way it’s an ungodly hoard of coins that’s impossible to ignore.

[whored]

Amir Taco belongs in a high school garage band somewhere instead of Bitcoin:

https://forum.bitcoin.com/bitcoin-discussion/amir-taaki-and-the-segway-in-austria-t7749.html

Now if it was on a Segway *and* firing a couple of AR-15s with 3D-printed lowers *at the same time,* in *Australia*...

http://s32.postimg.org/fgh3o75np/Capture.png

[JayJuanGee]

You know what my dear friend, sorry for getting off-topic a bit, but when I read your replies, you remind me of one of my best friends ever IRL, I miss him so much, may Allah (God) bless both of you

Back to topic, there is a guy named something Vinny I guess, wrote a blog post named, Bitcoin 2016 The Awekaning, and it was featured on Zero Hedge.

The guy who copied it to ZH stated that he is type of a guy who knows his shit so well, where if he talks, we shall listen as he predicited a lot of price scanerios in the past and he was correct.

He stated that we MAY visit $1K this year and $3K in the coming year.

I somehow gave him some credibality for what he said, so I asked you to re-adjust your predications depending on this new specualtion.

Did I convince you ?

On May 7, I posted about that article in another location, and my post was like this:


>>>>>>>>>I don't know what to make of the below linked article, exactly, but the author is fairly bullish about bitcoin, and claims that he had predicted Bitcoin's 2013 rise to above $1,000 and it's subsequent fall in price. 

I do take any self-proclaimed soothsayers with a grain of salt; however, currently, the author is predicting $1,000+ in 2016 and $3,000+ in 2017.

I will proclaim that the author's predicted numbers are somewhat similar to mine; however, mine differ a bit in that I'm thinking that once BTC prices go passed $800-ish, then they will likely shoot well passed $1,000 into the $3k to $5k territory and then settle back into the $1,000s..  and then possibly have another run at a later date to go passed $5k into the $10k-ish territory.

I'm quite a bit less certain in my head regarding my own predictions, especially regarding when my prediction  will happen because Possibly I have become jaded by ideas of conspiracy and I do believe that status quo financial and government forces do have some abilities to bring forces to bear to continue to engage in downward manipulation attempts

But, yeah, when my actual prediction occurs (if it does) is difficult to predict with any precision or to know because first of all we gotta get out of the $400s first, if we can?.. which getting out of the $400s will likely take us into the $600s.. and then maybe a correction back to the $500s or even $400s, and thereafter, it could take a while to get out of the $500 to $800 price range.

Anyhow, the below linked article is a decent read:


http://www.coindesk.com/2016%E2%80%8A-brought-bitcoin-awakening/   <<<<<<<

In the past 12 hours, I've been rethinking my own consideration of this topic, and I am kind of thinking that among the better case scenarios for bitcoin would be:

Stage 1:  2016 could bring us highs between $600 and $800 (maybe up to a 50% chance)

and

Stage 2 2017 could bring us between $3000 and $5000 (so long as stage 1 occurs, maybe up to a 25% chance)

I am a bit too afraid to be more optimistic than that, even though I understand very decent forces that could propel bitcoin prices into the stratosphere... nonetheless, if upward BTC price explosions occur any more rapidly than what I am suggesting above and with any more intensity than that, then I have no problem being wrong.   

[UngratefulTony]

Have we destroyed the Satoshi coins yet? Just checking...

I've seen some recent discussion of such.. ..

Whoever came up with that....

   Dumb idea...

Theymos did suggest this...

https://www.reddit.com/r/Bitcoin/comments/4isxjr/petition_to_protect_satoshis_coins/d30we6f

"Edit: To be absolutely clear: I am not proposing (and would never propose) a policy that would have the goal of depriving anyone of his bitcoins. Satoshi's bitcoins (which number far below 1M, I think) rightfully belong to him, and he can do whatever he wants with them. Even if I wanted to destroy Satoshi's bitcoins in particular, it's not possible to identify which bitcoins are Satoshi's. I am talking about destroying presumably-lost coins that are going to be stolen, ideally just moments before the theft would occur. "

This being said , I don't think what he is actually suggesting is a good idea either.

* Only as a soft fork tho, so... uncontentious!

[JayJuanGee]

Have we destroyed the Satoshi coins yet? Just checking...

I've seen some recent discussion of such.. ..

Whoever came up with that....

   Dumb idea...

If he really wanted there to have been confidence in the economics of a deflationary currency he ought to have done it himself. The fact he didn’t leads one to believe he wants the dough. And I suppose he’s entitled to it. Either way it’s an ungodly hoard of coins that’s impossible to ignore.

At this time, we have no fucking idea whether anyone has access to those coins, yet the longer that time passes, possibly the more confidence people have that the keys may no longer be available.  But, as you suggest lot's of uncertainty.

Nonetheless, we cannot assume, as you indicate that he wants the dough, but we can assume it is one possible scenario.

Anyhow, ultimately, it is a so fucking what.  The coins exist, and if someone has the keys, then that is great.  It seems a very bad precedent to override ownership (whether they were stolen or misappropriated or whatever) to destroy them. 

I think bitcoin's fungibility is ensured by causing NO EXCEPTIONS, and bitcoins should NEVER be labeled as good, bad or destroyed, unless the person with the private keys actually takes that action himself (or herself).