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

[edgar]

The hate came with the Neptunes and Titans

no, the hate started right the moment knc announced their first product. literally thousands of posts full of hate.

you exaggerate a bit - it wasnt 'literally thousands' nor right from the moment the announced their first product.

there was skepticism, there was disbelief, there was hope that this wasnt going to be another ass-raping of tens of thousands of dollars..

if you truly never understood the hate, there is something very wrong.

have you always been 600watt or have you had other handles?

[becoin]

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

[finkelsteinMonster]

Yeah I'm feeling pretty smug thinking about all the shorts that are getting squeezed. Where the shills/trolls at?

The big short who was paying them just got scorched by the dragon ... they'll be licking their wounds for a while.

Where're eth pump trolls today?

Pumping bitcoin. Variety: the spice of life

Guys, how's about some help? y'all forgotten how to pump?

Bitcoin (BTC) $474.37 5.01%
http://s33.postimg.org/stw03s267/congrats.gif

https://i.imgur.com/iX3ki5T.jpg

http://s33.postimg.org/q34wo2a4f/jjewstar.jpg

[John Constantine]

Nice thread to follow the events. This halving will be a very interesting moment.

[Gyrsur]

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

BTW i found who could play mark karpeles in the upcoming mt.gox movie.

[edgar]

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

late delivery

shitty work

fires

favouritism for shills

50/50 (at best) if they would replace broken hardware #returneverythingfirstandmaybewellshipoutanothershitonemaybenotatall

im not going over it all again!

@thatpic - 3 thieves and your hero sam the brilliant...

also, the thread was opened in early april 2013 - you arrived at the end of may. on the payroll with bitcoinorama? already under an NDA??


E2A - I must say, they were silent miners. that much was commendable.

the penny pinching and rip off shipping etc was disgusting


bankrupt??!!

about as honest/morally bankrupt as he's ever been!! (and the rest of the hangers on)



Quote from: edgar on 26 September 2013, 22:08:34
im not sure who said it was knc, but there are now 7 or more pages worth of posts deleted

[pinger]

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

late delivery

shitty work

fires

favouritism for shills

50/50 (at best) if they would replace broken hardware #returneverythingfirstandmaybewellshipoutanothershitonemaybenotatall

im not going over it all again!

@thatpic - 3 thieves and your hero sam the brilliant...

also, the thread was opened in early april 2013 - you arrived at the end of may. on the payroll with bitcoinorama? already under an NDA??


E2A - I must say, they were silent miners. that much was commendable. the penny pinching and rip off shipping etc was disgusting


bankrupt??!!

about as honest/morally bankrupt as he's ever been!! (and the rest of the hangers on)

They where mining with the hardware of their clients, as BFL, big fuck you KNC.

[yefi]

I'm not suggesting that regulation of everything is trivial. Merely that regulating bit-coin is trivial. As far as piracy goes, regulation works well enough

Hey, bring it on. Just as with piracy, you may find that it isn't as trivial as you think.



No doubt that growth is entirely non-infringing

Explain to me the mechanics of paying off a bitcoin ransom for the case in question:

I'm not going to hypothesize how that transaction would work, suffice to say that it would deter payment if crypto were illegal.

[Meuh6879]

Why's anyone sad about this anyway? I thought folks here enjoyed the Free Market in action.

Yeap, we're all about Free Markets here.

no problem, fees raises ... too.
check : antispam work.

 

[clopoterian]

I'm not suggesting that regulation of everything is trivial. Merely that regulating bit-coin is trivial. As far as piracy goes, regulation works well enough
http://s33.postimg.org/xezgddj5r/Capture.jpg

Hey, bring it on. Just as with piracy, you may find that it isn't as trivial as you think.
https://i.imgur.com/yWvK2U4.jpg
No doubt that growth is entirely non-infringing

What am I looking at? BitTorrent traffic*? Which is not regulated and is perfectly legal? You're telling me that while internet traffic is increasing at exponential rate, the perfectly legal & unregulated BitTorrent traffic is also increasing, albeit at a much lower rate? This is, indeed, amazing

Explain to me the mechanics of paying off a bitcoin ransom for the case in question:

I'm not going to hypothesize how that transaction would work, suffice to say that it would deter payment if crypto were illegal.

Now you're starting to get it. And lower likelihood of getting paid lowers the profitability of your khrymez. Q.E.D., my rebellious friend
*In November 2004, BitTorrent was responsible for 35% of all Internet traffic. As of February 2013, BitTorrent was responsible for 3.35% of all worldwide bandwidth, more than half of the 6% of total bandwidth dedicated to file sharing."--Wikipedia

[dumbfbrankings]

Why's anyone sad about this anyway? I thought folks here enjoyed the Free Market in action.

Yeap, we're all about Free Markets here.

no problem, fees raises ... too.
check : antispam work.

 

?

That's what happens with a perfectly inelastic supply curve, prices go up, supply stays the same. I mean, I provided you a picture.

If it's any consolation... your level of understanding in the field of economics is on par with the Core developers.

That fee paying spam moves to a Bitcoin substitute, check.

[Assmaster2000]

^
Maybe people will just buy a little less child porn, so tx demand would drop and miners will have to drop their fees a little bit? Or do you think bath salts enthusiasts would start buying bath salts more often?

[Meuh6879]

?

That's what happens with a perfectly inelastic supply curve, prices go up, supply stays the same. I mean, I provided you a picture.

economy ... must serve the people.
economy MUST pay the worker, not the boss.

economy with inalienables rules is Bitcoin.



inalterables rules is the source of trust.
http://www.lafkon.net/tc/

[JayJuanGee]

Surely this is just a brief pause on the way to JJG's 3 year investment coming out of the red... right guise?

Bye KnC. Guess you shoulda decentralized your operations to China.  

Hahahahahah... with the various recent price movements from $403 to $470 in the last few months and then testing $435 several times, I have been repositioning my BTC/fiat distribution several times, so now seems like BTC prices are gonna have to go below $430 or even lower to put me back in the red (depending on how it plays out exactly).... so yeah, circumstances kind of change over time and we can kind of be active in attempts at leveraging and protecting ourselves, and accordingly, probably characterizing this current BTC price situation as a "brief pause" is going to turn out to be a considerable wrong exaggeration on your part.

In some sense, I will agree with you that it's been quite the BTC bear market, especially from about February 2014 until about August 2015, which was about 17 months worth of kind of bear dominance (not 3 years worth as you seem to be exaggerating that part, too)... but yeah, BTC's apparently obvious post August 2015 price recovery has been quite helpful to me personally as a BTC HODLer and accumulator.

I also cannot forget to thank you for your recognition of my situation and your obvious attempt at a back-handed congratulations, coupled with your seemingly bad prediction concerning BTC's short and/or long term price direction.  

In other words, good luck to you whiny ass bears and corporate (XT/Classic) shills in putting me back in the red.. so this is a relatively happy day for this kitty cat, Meow!!!.  
 

[zimmah]

meanwhile, bitfinex shorts have increased in the last 24 hours

i've heard rumors the coming bubble is fueled by the tears of shortsqueezed bearwhales.

[dumbfbrankings]

?

That's what happens with a perfectly inelastic supply curve, prices go up, supply stays the same. I mean, I provided you a picture.

economy ... must serve the people.
economy MUST pay the worker, not the boss.

economy with inalienables rules is Bitcoin.



inalterables rules is the source of trust.
www.workers.org/wwp/

[Meuh6879]

humans are corrupt.
bitcoin can not be.

[finkelsteinMonster]

humans are corrupt.
bitcoin can not be.

...or can it?

http://s33.postimg.org/clwhta7gv/bitchrs.jpg

[BlindMayorBitcorn]

humans are corrupt.
bitcoin can not be.

Did you really make legendary with posts like this? I feel sorry for us.

[Fatman3001]

?

That's what happens with a perfectly inelastic supply curve, prices go up, supply stays the same. I mean, I provided you a picture.

economy ... must serve the people.
economy MUST pay the worker, not the boss.

economy with inalienables rules is Bitcoin.



inalterables rules is the source of trust.
http://www.lafkon.net/tc/

"It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade." - Craig Wright