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Question: What year will we achieve a new ATH?
2019 - 35 (28.2%)
2020 - 49 (39.5%)
2021 - 30 (24.2%)
2022 - 5 (4%)
2023 - 1 (0.8%)
Never - 4 (3.2%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174251 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (23 posts by 12 users deleted.)
Elwar
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April 15, 2018, 04:57:40 AM

So a few folks have asked to be kept up to date on the seasteading thing. I'll get into that and some of the reason why Youtube, Google and Facebook banned ICO ads.

We (by "we" I mean Blue Frontiers mostly, I am just a volunteer and am not a paid employee I just help out because I like the project) started working on an ICO last July or August. Being a business of seasteading it was difficult to figure out how to legally raise funds. Being an actual company that will be selling physical products (seasteads) we could not create a utility token. All of the companies we talked to would do utility tokens but hardly any would do a security token (selling shares of the company). We had to talk to many different lawyers, the best in the US (in the crypto world). The uniqueness of a Singapore company with founders in several different countries building seasteads in French Polynesia and likely all over the world made everything very difficult with the lawyers and staying legal by selling shares of the company. There may be some things in the works but nothing that has been tested and vetted.

I learned a lot about securities for those 6 months or so. Not only in the US but then we had to look at jurisdictions all over the world (since we would be selling to everyone in the world). The SEC came out with some guidance basically almost labeling all ICOs as securities. They even brought up the bounty programs that pay people to endorse or advertise their ICO. With a security there are all sorts of laws and rules when it comes to advertising which all of these people posting signature campaigns, bounty programs, etc. are violating those security laws. The same thing applies to Google, Youtube, Facebook advertising ICOs...they would need to evaluate each advertisement to make sure they're not violating those SEC laws. So they just decided to ban them all. One of the big things is that if you claim the token will be more valuable after it is first purchased, you are considered a security. Some company got hit by the SEC in December because one line somewhere online said that the token price might go up in the future. They had to pay back all of the money they raised.

With all of this in mind Blue Frontiers decided to go with an actual currency to be used on the seasteads and be the only currency the company would accept for payment for anything on the seasteads (any private business on the seastead can accept whatever they want, but the company will only take the token as payment). So they will be limiting the amount and distributing a portion in the public ICO on May 15. The token name is Varyon (there were literally 2 other ICOs using the name Seacoin). The name Varyon is a play on the idea that there will be a varyation in governments on these seasteads. They will be starting their pre-sales this week with discounts of 5-15%. All of the nitty gritty is on their white paper.

Being on the ground here in Tahiti...one small group in one of the cities we were considering wanted to use the project as an election time issue (oh no...the evil American billionaires want to come to our lagoon and dump toxic chemicals...and our mayor supports the project...he needs to go!). They aren't really in one of the preferred locations but we decided to tone things down locally until after the election (first election is next week and then the run off is mid-May).
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April 15, 2018, 05:51:02 AM
Merited by explorer (1)

I would like a place with nice weather Wink where I may eventually retire.
The whole ERTH thing started to get on my nerves. Too much crap all over.
I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts.
Too much to ask?
RoomBot
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April 15, 2018, 06:04:15 AM


Also, he somehow managed to go from >100m to 4m during the financial crisis, which makes his calls... questionable.


His calls are total shit. Doge crashed ever since he made it his coin of the week on 8 Jan. Shorting his coin of the week will make you rich. Taking his advice will make you rekt.


Such wisdom

much reward










His account was hijacked.  He says he doesn't do "Coins of the Week."

Looking forward to "Gringo" on Netflix.  Thanks for the heads-up.

I wonder if he'll buy $4m in BTC to save his d!ck.
jojo69
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no FOMO


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April 15, 2018, 06:51:10 AM

I would like a place with nice weather Wink where I may eventually retire.
The whole ERTH thing started to get on my nerves. Too much crap all over.
I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts.
Too much to ask?

key word "some"

The difference between (no power at all) and (a few hours of lights and internet/day) is wayyyyy bigger than the difference between (a few hours of lights and internet/day) and (all the power you can possibly use) in lifestyle terms.
HairyMaclairy
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April 15, 2018, 07:21:01 AM

I would like a place with nice weather Wink where I may eventually retire.
The whole ERTH thing started to get on my nerves. Too much crap all over.
I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts.
Too much to ask?

There are plenty of places in this world with a very low population that are quite nice. How much “alone” are you loooking for?  

This looks fairly decent for the price of a high end house in a major US city.  Vanuatu is one of the nicer places in the South Pacific.

https://www.privateislandsonline.com/south-pacific/vanuatu/lenur-island

If you don’t want to spend that sort of money, a sailboat will get you a long way from anywhere.
Icygreen
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April 15, 2018, 07:54:12 AM

I would like a place with nice weather Wink where I may eventually retire.
The whole ERTH thing started to get on my nerves. Too much crap all over.
I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts.
Too much to ask?

There's still yet a few warm places that haven't been severely exploited. Tick-tock... start now!

In other news from on the ground, I asked local gold shop (who's main business is currency exchange) if they'd accept BTC. She met me with a  Wink Maybe.
Here it comes!  One year ago they hadn't even heard of it.

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April 15, 2018, 08:02:21 AM

It seems I'm going to lose in micgoosens $12k prediction game. But damnit I was close. Only missed it by some $4k.  Grin Bob Lawblaw still has a fair change of winning though. 
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April 15, 2018, 08:44:33 AM

With all of this in mind Blue Frontiers decided to go with an actual currency to be used on the seasteads and be the only currency the company would accept for payment for anything on the seasteads

That's very disappointing! It defeats the very foundation of the project as it creates just another territory with their own currency. A "legal tender" and the only way you can pay your taxes to local authorities. How is that different to every other country manipulating their domestic currency to "optimally" rob their own citizens?
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April 15, 2018, 08:53:51 AM
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Also, he somehow managed to go from >100m to 4m during the financial crisis, which makes his calls... questionable.


His calls are total shit. Doge crashed ever since he made it his coin of the week on 8 Jan. Shorting his coin of the week will make you rich. Taking his advice will make you rekt.


Such wisdom

much reward








Last couple of days where good for the doge
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April 15, 2018, 08:59:28 AM

These factors make it quite hard to be as healthy as Asians, even if we try, plus we don't have Asian genetics.

You wouldn't have all these health problems if you had just joined the alt-right and became an Aryan superman.

"The Chinese are the ones running our country" - Alex Jones, 4-14-2018

HAHAHAHAHAHA
HairyMaclairy
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April 15, 2018, 09:46:12 AM

Quiet today. 

Downtrend line from peak is somewhere around $8800 on BFX. 

We should break that in the next week with tax season behind us.
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Be safe, Elwar and Nadia !!


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April 15, 2018, 09:48:38 AM

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April 15, 2018, 10:22:39 AM
Merited by Phil_S (1)

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April 15, 2018, 10:41:38 AM
Merited by xhomerx10 (1)

Quiet today.
Yup, so far.
All my chores done.
news - scanned
nodes - at the top of the chain
miners - on the most profitable chains
play money - bids set, bags opened
wallets - secure
might as well use this quiet time to set myself up with
brand new trading desk - check

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April 15, 2018, 11:07:00 AM

Looks like we are finally getting some movement. Possibly 9k in the next few days?
HairyMaclairy
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April 15, 2018, 11:12:56 AM

Wow I didn’t know you were a police officer !
LFC_Bitcoin
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April 15, 2018, 11:16:08 AM

Is that a green dildo?
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April 15, 2018, 11:24:28 AM

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April 15, 2018, 11:27:32 AM

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Godspeed Elwar and Nadia.


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April 15, 2018, 11:29:24 AM

Technically, I believe that's a called BOOM!
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