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

[Meuh6879]

i get your point: Jamie speaks, then bullrun.  

Dimon conceded that he wouldn’t short bitcoin because there’s no telling how high it will go before it collapses, saying that it "could hit $100,000 before it drops."

 The best argument Dimon has heard about owning bitcoin, is that it can be useful to people in places with no other options: “If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,” he said.

Source : http://www.zerohedge.com/news/2017-09-12/bitcoin-tumbles-after-jamie-dimon-calls-it-fraud-would-fire-anyone-trading-it

   Just a moron, this guy.

[afbitcoins]

Jamie Dimons daughter bought bitcoin 

[Wekkel]

Little Honey Badger 'Bitcoin' is asleep while bad bad Demon hisses and smokes.

Waiting for Little Honey Badger to wake up again

[Meuh6879]

Congrats, did you loose your pants to Mr. Major?

Ms. ... not Mr.

[BlindMayorBitcorn]

PANTS RECEIVED

09/12 gembitz
09/12 cAPSLOCK
09/12 jojo69
09/12 RealMachasm
09/12 Lauda
09/12 d_eddie
09/12 xhomerx10
09/12 kurious
09/12 'TheMajor'

*Now accepting short pants, track pants and trousers.

Updated.

NB. Socks sent to the pants address will not be credited to your account and will be effectively lost.

[empowering]

Jamie Dimons daughter bought bitcoin 

I wonder which one.










... where do I make my deposit Jamie?

[d_eddie]

I would like to take this moment to congratulate myself on becoming legendary today.

I have been spouting bollocks for 3+ years and pretty much none of it is of any use to anyone so well done me.

i am a mean hodling mother f**ker.

Congrats, RJ! A legend! 

[Wekkel]

I would like to take this moment to congratulate myself on becoming legendary today.

I have been spouting bollocks for 3+ years and pretty much none of it is of any use to anyone so well done me.

i am a mean hodling mother f**ker.

Congrats, RJ! A legend! 

Your need for a strong HODL will only become bigger. Sit tight.

[cmacwiz]

Ms Dimon in the snorkel is definitely the bitcoiner, and I'd sex her if she gives me a few btc.

Jamie is right though, wait no he is not, fuck this old guy and his made-for-tv facial expression of the fiscally "responsible" patriarch

Goodbye to the old guard, we needeth not your services

[BlindMayorBitcorn]

Ms Dimon in the snorkel is definitely the bitcoiner, and I'd sex her if she gives me a few btc.

Jamie is right though, wait no he is not, fuck this old guy and his made-for-tv facial expression of the fiscally "responsible" patriarch

Goodbye to the old guard, we needeth not your services

I wouldn't take his pants if he begged me. The hound.

[Meuh6879]

Dimon conclusion : http://www.zerohedge.com/news/2017-09-12/dimon-doubles-down-my-daughter-bought-bitcoin-it-went-now-she-thinks-she-genius

Two numbers that stand out:

- Over $13b in fines paid by JPM because of fraudulent mortgage practices
- Over $1b in separate fines paid because of its role in the Madoff scheme.

All under Jamie's watch. But it's Bitcoin he's worried is the fraud?

Bankster ...

[RoomBot]

SOUR GRAPES?  or SORE LOSER?

You pick.

[Last of the V8s]

https://bitcointalk.org/index.php?topic=2172056.0 BlueBorne Virus affects all bluetooth devices. Turn your bluetooth off!

[itod]

Riddle me this: Why are regulators so allergic to ICO's, while they "tolerate" BTC? Not that I like ICO's, but I fail to see how are they more disruptive than BTC?

[marcus_of_augustus]

Jamie Dimosaurs daughter walks amongst us! ... Lauda is that you? ... NotLambChop?

[AlexGR]

Ultimately Dimon does grasp the implications, because as he told CNBC, "I'm not saying go short. Bitcoin can hit $100,000 before it goes down. This is not advice of what to do."

[empowering]

Riddle me this: Why are regulators so allergic to ICO's, while they "tolerate" BTC? Not that I like ICO's, but I fail to see how are they more disruptive than BTC?

Because ICOs are relatively easy to stop - if they are public- if the owners are public- if the platforms they launch on are public- then it is a bottleneck- one that is easily attacked - its a weak point.

If you stuck an ICO and an address onto  a forum (I knew a forum once where this happened regularly) and ask people to send BTC- and your OpSec was up to scratch - and you could then make use of  the funds - and access your profits..
then it is far tricker to stop. Thing is... if you raise 100 million - in a non public - platform based manner... then you have 100 million for your ICO- but how do you use those funds? (unless you pay for everything in cryptocurrency) it is trickier the larger the sum involved. You could fly under the radar and legitimise a mil-but over that and its going to start throwing obstacles at you...

The other thing is- sandboxing ICOs in your own country is one problem...  sandboxing the entire country from the rest of the world is not so easy... (i.e China cannot make France also ban ICOs and also control if Chinese people decide to evade  the rules and invest in a french based ICO)

To police it is difficult- to stop it is near on impossible - their best bet is to go after the bottlenecks and to legislate and criminalise and threaten violence and incarceration.

BTC is anti fragile - China has no control over which other countries allow BTC and have little recourse to stop their own, nor any other countries citizens to stop using BTC.

In short - they just want to get their hands around ICOs iMO and they will be back in the future- executed by smart contracts- and linked into digital identities... - linked to digital assets- all linked to PBOC - -everyone paying their taxes- all KYC'd up and with some perceived control over capital outflow. They know better than to try to stop BTC - it would be a futile and monumental waste of time and resources- plus they will fail.





 

[Last of the V8s]

Riddle me this: Why are regulators so allergic to ICO's, while they "tolerate" BTC? Not that I like ICO's, but I fail to see how are they more disruptive than BTC?

They hate ICO's because they are scams and little people are getting ripped off.
They tolerate btc because it's not a scam. You're right that it's way more disruptive, but also

...
http://www.columbia.edu/~jl4130/BTC.pdf sorry for pdf
An Economic Analysis of the Bitcoin Payment System

Bitcoin is not regulated. It cannot be regulated.

[Torque]

Riddle me this: Why are regulators so allergic to ICO's, while they "tolerate" BTC? Not that I like ICO's, but I fail to see how are they more disruptive than BTC?

They hate ICO's because they are scams and little people are getting ripped off.

I believe they are a headache to regulators primarily because most are scams. They don't want to deal with the public fallout if ICOs don't deliver on promises or disappear with investor funds.

But also, because ICOs do an end-around the existing company IPO process... which is a rigged system for the 1% where only the company founders, the initial angel investors and the VCs get rich by receiving the lion's share of the stock (> 95%) before launch. ICOs have the potential to disrupt that rigged system and allow more Average Joes to invest very early (like crowdfunding but getting a major stake).

With Bitcoin, there is nothing they can do. Bitcoin is no company, has no CEO, is decentralized, and therefore nothing they can shut down. They have to tolerate it. But boy oh boy, if they could easily shut it down they would in a heart beat.

[Ted E. Bare]

More haircuts. Will $4000 break?