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

[DaRude]

Ha Fontas and the troll box. Whatever happened to him?

In  late 2013 fontas' pumps kept getting shittier and shiiter. They degraded to a 2 hour period where he'd tell the troll box "pump starts now" and then "dump starts now" and you'd get this 2 hour bart chart. At some point he was selling memberships to learn about his pumps ahead of time for 25BTC each but by that time it was like a bad joke or a scam because his "pumps" were so terrible. He was supposed to make it up and have a super pump of litecoin on mtgox. Litecoin never opened on mtgox but then China took over and pumped it into the stratosphere way further than gox or fontas ever could have. I think he saw that with China on board with all the altcoins, he could no longer be in control, and he quietly disappeared. I saw him continue to make charts about other asset classes (like forex) on TradingView. I'm going to also guess that he wanted to distance himself from crypto for legal concerns and mixer his way out while he still could and the whole btce crime ring was still undercover and operational.

Ahh the old midas is coming with the LTC. Always thought that he was a scam, and the only one making money by offloading when "pumps are turned on". Oh well another page in cryptocurrency book

[Wekkel]

I can remember a picture about/with Fontas. I was unable to retrieve it though. Something with lotsa $$$ bills.

— the Artist —

[bitserve]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

[Anon136]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

I think he worked at google right?

[bitserve]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

I think he worked at google right?

That would make for it yeah. Also probably he is older than he looks like (in fact in recent pictures he does).

[Robin,Hood]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

Apparently this. Moving from Shanghai at that time would not have been a straight forward process.

Lee was born in the Ivory Coast to parents who had moved there from Shanghai. He spent most of his childhood there, but in his early teens, he moved to the United States. He attended the Lawrenceville School before graduating from the Massachusetts Institute of Technology (MIT) with a B.S. and master’s degree in Computer Science.

After college, Lee worked as a software engineer at Kana Communications, Guidewire Software, and Google before starting his crypto career.

[HairyMaclairy]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

I think he worked at google right?

That would make for it yeah. Also probably he is older than he looks like (in fact in recent pictures he does).

A million dollars isn’t that much in the scheme of things.  That’s half a house in Vancouver, Canada.   Probably a third of a house in Silicon Valley.   It’s not even a downpayment in London unless you are an hour from the City.

[buyandhold]

https://tech.slashdot.org/story/18/05/19/0413238/google-removes-dont-be-evil-clause-from-its-code-of-conduct

[Ibian]

https://tech.slashdot.org/story/18/05/19/0413238/google-removes-dont-be-evil-clause-from-its-code-of-conduct

I'd take the old guy with the killbot over the useful idiots any day.

[itod]

https://tech.slashdot.org/story/18/05/19/0413238/google-removes-dont-be-evil-clause-from-its-code-of-conduct

I'd take the old guy with the killbot over the useful idiots any day.

If you would have any idea how hard is to get into that group that works for "Google Ideas" you would never say that. Each and every one in that group on the right has intellectual capacity you can only dream of. Jealousy is dangerous thing, when you want to be like someone but you don't have the necessary capabilities easiest thing to say is to bring them down, which only shows the kind of person you are.

[vapourminer]

ugliest watch ever.

i did look through the richardmille watch site, the one with dragon figures seemed okish

but $800k+ for a watch. lulz. no matter how rich i became, i would never pay that for a watch.

now, i could see myself with one of those olde skool red LED watches from the 70's.. press the button to light up the time. THOSE were cool.

The SWATCH? LOL

No, wait, that was the 80's, but I liked the interchangeable plastic wrist bands.

nah, ones like this reproduction (i would want originals of course). press the button to see the time.

[Agapios]

$9000 in 24 hours confirmed

24 hours passed, it did not happen.

Just to tell you in case you did not notice you were WRONG.

[Torque]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

I think he worked at google right?

That would make for it yeah. Also probably he is older than he looks like (in fact in recent pictures he does).

If you read that twitter stream, to this day Charlie doesn't consider Litecoin a scam.

But often we need to reconsider what the definition of a scam truly is.

I mean, to make Litecoin he literally took a snapshot of the Bitcoin source code, changed like 2 easily-found config parameters, and launched it. And he admitted that it took him all of like a long Saturday to change and test it. He put almost zero effort into creating Litecoin. He created an altcoin of Bitcoin with a few clicks of a mouse. What he did, anyone could literally do with enough knowledge of the code.

So what part about that process and goal isn't scammy? Today when people do that with the Bitcoin source, we say that they're doing it for scammy or selfish purposes. But for some reason we give Charlie a pass because he's a nice guy, Bitcoin proponent, and no longer holds any LTC. (Little known fact: he once DID hold a metric shitload of LTC and probably made a million dollars selling some before LTC even hit $0.20c)

[bones261]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

I think he worked at google right?

That would make for it yeah. Also probably he is older than he looks like (in fact in recent pictures he does).

If you read that twitter stream, to this day Charlie doesn't consider Litecoin a scam.

But often we need to reconsider what the definition of a scam truly is.

I mean, to make Litecoin he literally took a snapshot of the Bitcoin source code, changed like 2 easily-found config parameters, and launched it. And he admitted that it took him all of like a long Saturday to change and test it. He put almost zero effort into creating Litecoin. He created an altcoin of Bitcoin with a few clicks of a mouse. What he did, anyone could literally do with enough knowledge of the code.

So what part about that process and goal isn't scammy? Today when people do that with the Bitcoin source, we say that they're doing it for scammy or selfish purposes. But for some reason we give Charlie a pass because he's a nice guy, Bitcoin proponent, and no longer holds any LTC. (Little known fact: he once DID hold a metric shitload of LTC and probably made a million dollars selling some before LTC even hit $0.20c)

Changing the algorithm from SHA256d to SCRYPT was a little more involved than changing a couple of parameters. But yes, something like this could definitely be done in 24 hours.

[jbreher]

If you read that twitter stream, to this day Charlie doesn't consider Litecoin a scam.

But often we need to reconsider what the definition of a scam truly is.

I mean, to make Litecoin he literally took a snapshot of the Bitcoin source code, changed like 2 easily-found config parameters, and launched it. And he admitted that it took him all of like a long Saturday to change and test it. He put almost zero effort into creating Litecoin. He created an altcoin of Bitcoin with a few clicks of a mouse. What he did, anyone could literally do with enough knowledge of the code.

So what part about that process and goal isn't scammy?

Methinks you need to ponder upon the definitions of 'open source' and 'permissionless'.

[Ibian]

https://tech.slashdot.org/story/18/05/19/0413238/google-removes-dont-be-evil-clause-from-its-code-of-conduct

I'd take the old guy with the killbot over the useful idiots any day.

If you would have any idea how hard is to get into that group that works for "Google Ideas" you would never say that. Each and every one in that group on the right has intellectual capacity you can only dream of. Jealousy is dangerous thing, when you want to be like someone but you don't have the necessary capabilities easiest thing to say is to bring them down, which only shows the kind of person you are.

Intelligence is not even close to the same thing as wisdom.

[Ibian]

This tweet from Charlie Lee has surprised me:

https://twitter.com/SatoshiLite/status/997978007875670016

He was millionaire before Bitcoin? Surprising. Anyone knows what he was doing before?

I think he worked at google right?

That would make for it yeah. Also probably he is older than he looks like (in fact in recent pictures he does).

If you read that twitter stream, to this day Charlie doesn't consider Litecoin a scam.

But often we need to reconsider what the definition of a scam truly is.

I mean, to make Litecoin he literally took a snapshot of the Bitcoin source code, changed like 2 easily-found config parameters, and launched it. And he admitted that it took him all of like a long Saturday to change and test it. He put almost zero effort into creating Litecoin. He created an altcoin of Bitcoin with a few clicks of a mouse. What he did, anyone could literally do with enough knowledge of the code.

So what part about that process and goal isn't scammy? Today when people do that with the Bitcoin source, we say that they're doing it for scammy or selfish purposes. But for some reason we give Charlie a pass because he's a nice guy, Bitcoin proponent, and no longer holds any LTC. (Little known fact: he once DID hold a metric shitload of LTC and probably made a million dollars selling some before LTC even hit $0.20c)

He didn't pretend it was the new bitcoin.

[Torque]

Methinks you need to ponder upon the definitions of 'open source' and 'permissionless'.

Methinks you need to ponder the upon the definitions of 'scam', 'troll', and 'shill'. You seem to gravitate towards those things.

[Torque]

He didn't pretend it was the new bitcoin.

No. But he did spend literally years opining that "Litecoin is silver to Bitcoin's gold." Which we all know is complete and utter bullshit since the two have zero correlation.

[LFC_Bitcoin]