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

[becoin]

The boss of shill called Peter_R must be very unhappy. This guy is not fit for the job. Next time someone else must be hired. Peter_R keeps repeating that bitcoin users should do nothing and let the whales decide, He doesn't understand why people get into bitcoin in the first place. With bitcoin YOU decide your own future! YOU don't let banking or corporate whales decide what your money should be!

[BTCMILLIONAIRE]

The boss of shill called Peter_R must be very unhappy. This guy is not fit for the job. Next time someone else must be hired. Peter_R keeps repeating that bitcoin users should do nothing and let the whales decide, He doesn't understand why people get into bitcoins in the first place. With bitcoins YOU decide your own future! YOU don't let banking or corporate whales decide what your money should be!

But Satoshi's vision was to create a decentralize coin that could be controled by a centralized entity given it provides quick transfers!

[monsanto]

aha I tricked you though because 'nodes don't matter', remember.

glad you got some dosh out of this heist.

but I do still feel sorry for the Korean customers who Roger Ver stole from

Never really thought about those "Korean customers"... I mean... If someone buys some crypto that is experiencing such a pump I assume that someone knows what they are doing and the HIGH risk of a subsequent dump coming at any moment, no?

I would like to blame Ver and his gang for ripping off those people.... but I am not so sure that would be completely fair. Maybe he didn't even dump onto them after the peak. Maybe it was us bitcoiners trying to maximize our gains into BTC?

I donno. Anyway Ver can be blamed for MANY other stuff already... trading is just trading.

Not when it's wash trading timed with surgical precision to manipulate the markets.

Which was basically the business model of the largest Chinese exchanges for years.

[Last of the V8s]

There are no new scams under the sun.
How very dull.

An appeal to the governments of the soi-disant nation states:
I would like to see new and more entertaining scammers, please.

[Searing]

The boss of shill called Peter_R must be very unhappy. This guy is not fit for the job. Next time someone else must be hired. Peter_R keeps repeating that bitcoin users should do nothing and let the whales decide, He doesn't understand why people get into bitcoins in the first place. With bitcoins YOU decide your own future! YOU don't let banking or corporate whales decide what your money should be!

But Satoshi's vision was to create a decentralize coin that could be controled by a centralized entity given it provides quick transfers!

Yeah, that seems to be working out well.....Satoshi going dark and all.....not even he could be a ringleader and manage this Circus...

yeah, that whole decentralize thing is really working out (not)

[sirazimuth]

a great mood, and readable posts.

I saw what you did there!....lmao

[sirazimuth]

There are no new scams under the sun.
How very dull.

An appeal to the governments of the soi-disant nation states:
I would like to see new and more entertaining scammers, please.

Here ya go mate...YW!

http://lmgtfy.com/?q=more+entertaining+scammers

[bitserve]

Just for the lulz, this is what a friend just received after sending his documents for verification to Bitstamp:

Dear XXXXXXXXXXXXXX,

thank you for submitting your verification request.

During the review of your verification request, we have identified you as a potential politically exposed person (PEP).

Due to our internal compliance policies we kindly ask you to provide additional information about yourself by answering the following KYC questionnaire:

1. Do you/did you hold a position of Councillor, XXXXXXXXXXXXX?
[snip]

Things are getting weirder every day in Bitcoinland....

[gentlemand]

we have identified you as a potential politically exposed person (PEP).

If you're tagged with this you're seriously fucked. It can be impossible to get a normal bank account, let alone anything else. And you don't have to do anything wrong to be branded with it.

[Heater]

There are no new scams under the sun.
How very dull.

An appeal to the governments of the soi-disant nation states:
I would like to see new and more entertaining scammers, please.

How is this for a new scam idea - send me 500BTC and I will send you an image of my own creation, with a resolution of 1280x960 - great for a desktop background.

Oh sorry - someone has already SUCCESSFULLY done this back in the day.
https://bitcointalk.org/index.php?topic=25

Proof - the address still has $4m
https://blockchain.info/address/1BHtsCnpmTvpgJEP7eMKEVhpJFunxSM8vq

[becoin]

Just for the lulz, this is what a friend just received after sending his documents for verification to Bitstamp:

Dear XXXXXXXXXXXXXX,

thank you for submitting your verification request.

During the review of your verification request, we have identified you as a potential politically exposed person (PEP).

Due to our internal compliance policies we kindly ask you to provide additional information about yourself by answering the following KYC questionnaire:

1. Do you/did you hold a position of Councillor, XXXXXXXXXXXXX?
[snip]

Things are getting weirder every day in Bitcoinland....

Not new.
Politicians are not allowed to buy bitcoins. They should keep the status quo. Thats why they were elected to be elected!

'If voting made any difference they wouldn't let us do it.' ...
Mark Twain

[Elwar]

Ya, I've been trying for a few months to get my btc-e wex.nz account back. They have a handy verification page when you try to log in so I was going through all of the steps, name, no problem, citizenship...*searches for United States* *checks for any way to input United States*, nope. I live in Korea so I put South Korea since it's an option. I input my Korean address, my Korean ID, my Korean utility statement.

*denied* 'please include a scan of your passport'

hmm...you're not going to like this buy my passport shows I am a United States citizen...which I cannot choose as an option.

If Namecoin ever goes to the moon I'll have to get a second passport just to get my NMC from Wex. I had 21k NMC before they went down. They have every incentive to not let me back in.

[bitserve]

we have identified you as a potential politically exposed person (PEP).

If you're tagged with this you're seriously fucked. It can be impossible to get a normal bank account, let alone anything else. And you don't have to do anything wrong to be branded with it.

But he is not and never have been a politician. It doesn't make any sense.

[600watt]

BCH was dead until Segwit2X died...now it's a thing again.

Until January when Coinbase releases peoples' BCH to the millions of users that like free money.

that is why they are going to fork bcash into bcash+ on jan 2nd...  

[gentlemand]

But he is not and never have been a politician. It doesn't make any sense.

It's not just politics. I've heard of it happening to executives, businessmen, law enforcement. They get particularly funny if you've lived and worked abroad. It's your home country that fucks you with it.

It is -

a) an individual who is or has, at any time in the preceding year, been entrusted with a prominent public function by—
(i) a state other than the United Kingdom;
(ii) a Community institution; or
(iii) an international body,

And it doesn't even have to be you. If a family member or 'close associate' gets branded you might too.

Under those circumstances they should automatically credit you with BTC.

[bitserve]

Just for the lulz, this is what a friend just received after sending his documents for verification to Bitstamp:

Dear XXXXXXXXXXXXXX,

thank you for submitting your verification request.

During the review of your verification request, we have identified you as a potential politically exposed person (PEP).

Due to our internal compliance policies we kindly ask you to provide additional information about yourself by answering the following KYC questionnaire:

1. Do you/did you hold a position of Councillor, XXXXXXXXXXXXX?
[snip]

Things are getting weirder every day in Bitcoinland....

Not new.
Politicians are not allowed to buy bitcoins. They should keep the status quo.

'If voting made any difference they wouldn't let us do it.' ...
Mark Twain

Didn't know politicians weren't allowed to buy Bitcoins. I supposse it is irony?

Anyway. he isn't nowhere near a politician. I wonder what ridiculous database they are using.

[Elwar]

I hope no politician can buy bitcoins. So when their currency collapses they die cold and hungry on the streets.



Too much?

[BTCMILLIONAIRE]

I hope no politician can buy bitcoins. So when their currency collapses they die cold and hungry on the streets.



Too much?

Sounds fair to me.

[LewisPirenne]

FUD?  Who knows.

Tencent reported that Sichuan has issued a notice indicating that all BTC production is ILLEGAL.  Thus all hydro power plants are to cut off electricity supplies or face penalty.

The second image is the supposedly "official document".

As I discussed before, those miners ship their Antminers to KangDing in Sichuan during Spring as the Himalaya melts and water flow downstream into Sichuan for cheap electricity from hydro power.  Miners ship their Antminers back to coal producing region like Inner Mongolia during winter as the Tibetan plateau freezes up and electricity cost doubles.  Just to note that it is almost winter now.

Edit: Just to note that this is actually "Bullish" for BTC as it will effectively kill off those Bitmain mining farms, if true, or at least increase electricity cost significantly.  So that individual miners actually have a chance to mine if profitability allows.

[monsanto]

FUD?  Who knows.

Tencent reported that Sichuan has issued a notice indicating that all BTC production is ILLEGAL.  Thus all hydro power plants are to cut off electricity supplies or face penalty.

If Chinese gov't follows the pattern they used with exchange FUD, after they have made a profit from their shorts, they will go long and announce it's not illegal, just some new minor restrictions. Usually after a few days of confusion.