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

[jbreher]

So: topic swerve.

All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/

Anyone interested in forming a study group? Or is there some other subforum here in BCT that might be better for such a discussion?

interesting article. thanks.

so i may have the option of taking tax money that otherwise would be paid to the government and more or less wasted and instead pick my own areas and technologies to invest it in instead. and it helps the little guys. im in. although it sounds too good to be true to be honest. and its new and untested. never had a problem with new and untested things before, as long as i can figure risk/reward ratios fairly well.

Well, not quite. At least I don't think so. Bear in mind I just learned about it yesterday. But rather than being able to redirect your tax money, it is actually the money that you invest through this program is not taxed (for ten years, profits to be tax free, etc...).

But overall looks like a very attractive program. Help bootstrap a needy community of your choice, and get a very favorable tax treatment.

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[sirazimuth]

...giant clusterfuck post...

dude ..seriously...no disrespect but you may wanna pare down your walls of quotes posts just a tad...

[Rosewater Foundation]

Carolina

Woot! I remember her!

Who knew?

Carolina is known as "La Tierra de Gigantes" (land of giants), in honor of one of its inhabitants: Don Felipe Birriel, who was the tallest man in Puerto Rican history, with an unconfirmed height of 2.413 meters or seven feet eleven inches (7' 11").

 

[JayJuanGee]

Rosewater

you fucking goofball

I'm prepared to accept that.

Yeah.. just pick some random words, and then string them together to say whatever you wish.  In other words,  I am a meanie, and I admit it.    

Notice the shills backing each other

Rosewater

you fucking goofball

I'm prepared to accept that.

Go read their posts literal crap and derision



Ready Player One

Future proves past

The WO-bot, aka mymenace, comes up with some real nonsense.. start to watch this mymenace character - could hardly be a real person.  

I just figured he was retarded.

*Rosewater shrugs*

Oh, come on, why is everyone attacking JJG tonight? He is a nice guy

O.k... that is one bridge too far.  I am certainly NOT "a nice guy."  That sounds like gay.   

[mymenace]

Can't we all just get along? Or at least take it to IRC?

Future proves past

So how did it go everyone

does

Future prove past

[DaRude]

Can't we all just get along? Or at least take it to IRC?

<Donut[AFK]> HEY EURAKARTE
<Donut[AFK]> INSULT
<Eurakarte> RETORT
<Donut[AFK]> COUNTER-RETORT
<Eurakarte> QUESTIONING OF SEXUAL PREFERENCE
<Donut[AFK]> SUGGESTION TO SHUT THE FUCK UP
<Eurakarte> NOTATION THAT YOU CREATE A VACUUM
<Donut[AFK]> RIPOSTE
<Donut[AFK]> ADDON RIPOSTE
<Eurakarte> COUNTER-RIPOSTE
<Donut[AFK]> COUNTER-COUNTER RIPOSTE
<Eurakarte> NONSENSICAL STATEMENT INVOLVING PLANKTON
<Miles_Prower> RESPONSE TO RANDOM STATEMENT AND THREAT TO BAN OPPOSING SIDES
<Eurakarte> WORDS OF PRAISE FOR FISHFOOD
<Miles_Prower> ACKNOWLEDGEMENT AND ACCEPTENCE OF TERMS

Bring out the regulation and control to shut them the f#$k up  
Imagine if it was a group colluding to do this to someone who is protecting children
that would be disgusting would it not
Future proves past

So how did it go everyone

does

Future prove past

Still under $20k  so no lambos yet

[Rosewater Foundation]

Yeah.. just pick some random words, and then string them together

...giant [....] post...

[JayJuanGee]

a shady exchange

Is it? Is this WEX above board? I'm not hip to all the goings-on. I know the vampire squid owns Poloniex now. Did WEX get got by fatcats? Or what exactly.

Well last July 2017, they got seized by the US Govt (they were operating as BTC-e), some of their bank accounts were seized and the websites, but I believe that they were able to keep a large majority of the crypto, based on their own self reporting.  About a month and a half later, they reopened as WEX and did a Bitfinex style socializing of the loss (about 40%-ish), and they issued tokens that they said would be reimbursed.

In the ensuing year, they have not been able to regenerate their previous trade volume and it appears that a lot of folks are trying to withdraw their funds, which seems to snowball, including WEX restricting withdrawals which continues to exacerbate the lack of confidence problem and the run on the exchange.  So accordingly confidence has been lost about whether WEX has enough money to cover all deposits, and surely they have been a whole hell-of-a lot less profitable after reopening because they have not been able to return to their former self (trade volume wise).   There is likely some other continued legal wrangling behind the scenes too because they USA Govt does not give up in terms of attempting to prosecute folks that they can find associated with the exchange, and that could be continuing to affect their operations and their expenses.. and may even motivate them to do an exit scam if they cannot pay everyone or to cover their expenses. 

[Paashaas]

https://www.whoisrogerver.com/

A scamming scumbag.

Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.

Bity response; no one uses Bcash in Switzerland...

[mymenace]

https://www.whoisrogerver.com/

A scamming scumbag.
Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.
Bity response; no one uses Bcash in Switzerland...

Watch their tactics

Usually what their baseless accusations are, are exactly what they do them self, they so clever


....."A bot is not too likely to engage in seriously engaging communications, and yeah it seems that mymenance paid shill is engaged in a kind of shit-stirring, that trolls do at opportune times to distract from any meaningful exchanges of thread-relevant information that we might be having."....


So you can usually pick your adversary before its begun

Wait till they hit RDS - Roger Derangement Syndrome - B-BOOOOOMMMM!!!    goes their little heads



Roger burned tooooo many people now, we shall all gather in the Halls of the Wall Observer thread and see how our on topic discussion effects the Bitcoin Walls


Game Over

Top Score
Player One

 

[Anon136]

https://www.whoisrogerver.com/

A scamming scumbag.

Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.

Bity response; no one uses Bcash in Switzerland...

Gets a few hundred million and turns into an egomaniac. He may be a big fish in this pond but the dude is a guppy on the global game of thrones. He doesn't seem to have any idea just how small he is compared to people with, not just wealth, but wealth that comes as a byproduct of real power. If he did, he wouldn't act like such an arrogant asshole all the time. I wish he would just fall into the ocean or something so I would never have to see his smug face again.

*edit* I know it's stupid. I should say something more substantive. But the way he speaks and acts bugs me more than any other human being alive. That perfect mix of autism and narcissism is like a cheese grater on my senses.

/rantoff

[mymenace]

https://www.whoisrogerver.com/

A scamming scumbag.
Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.
Bity response; no one uses Bcash in Switzerland...

Gets a few hundred million and turns into an egomaniac. He may be a big fish in this pond but the dude is a guppy on the global game of thrones. ~great post~ ..."and previously to your post, James Gunn is a worry - signed @mymenace"... /rantoff

Merit system as a percentage would be good, seems to be something with paid shills and merit as average to posts - deja vu


Fishfood, Vacuum, Riposte, Nonsensical etc etc etc

Apply every step below to every post after this statement was made - stunningly beautiful and accurate

Can't we all just get along? Or at least take it to IRC?
<Donut[AFK]> HEY EURAKARTE
<Donut[AFK]> INSULT
<Eurakarte> RETORT
<Donut[AFK]> COUNTER-RETORT
<Eurakarte> QUESTIONING OF SEXUAL PREFERENCE
<Donut[AFK]> SUGGESTION TO SHUT THE FUCK UP
<Eurakarte> NOTATION THAT YOU CREATE A VACUUM
<Donut[AFK]> RIPOSTE
<Donut[AFK]> ADDON RIPOSTE
<Eurakarte> COUNTER-RIPOSTE
<Donut[AFK]> COUNTER-COUNTER RIPOSTE
<Eurakarte> NONSENSICAL STATEMENT INVOLVING PLANKTON
<Miles_Prower> RESPONSE TO RANDOM STATEMENT AND THREAT TO BAN OPPOSING SIDES
<Eurakarte> WORDS OF PRAISE FOR FISHFOOD
<Miles_Prower> ACKNOWLEDGEMENT AND ACCEPTENCE OF TERMS

~some crap~ Future proves past

Yep cringe, you got ya cringe face ready                     - Still no answer @infofront OK

Careful of any wall of text shills and their last advice about exchanges

[JayJuanGee]

a shady exchange

Is it? Is this WEX above board? I'm not hip to all the goings-on. I know the vampire squid owns Poloniex now. Did WEX get got by fatcats? Or what exactly.

Well last July 2017, they got seized by the US Govt (they were operating as BTC-e), some of their bank accounts were seized and the websites, but I believe that they were able to keep a large majority of the crypto, based on their own self reporting.  About a month and a half later, they reopened as WEX and did a Bitfinex style socializing of the loss (about 40%-ish), and they issued tokens that they said would be reimbursed.

In the ensuing year, they have not been able to regenerate their previous trade volume and it appears that a lot of folks are trying to withdraw their funds, which seems to snowball, including WEX restricting withdrawals which continues to exacerbate the lack of confidence problem and the run on the exchange.  So accordingly confidence has been lost about whether WEX has enough money to cover all deposits, and surely they have been a whole hell-of-a lot less profitable after reopening because they have not been able to return to their former self (trade volume wise).   There is likely some other continued legal wrangling behind the scenes too because they USA Govt does not give up in terms of attempting to prosecute folks that they can find associated with the exchange, and that could be continuing to affect their operations and their expenses.. and may even motivate them to do an exit scam if they cannot pay everyone or to cover their expenses. 

Good recap. Thanks, it's all coming back to me now. This is the same BTC-e owners then. Still on the shady side.

I kind of doubt that they are specifically any more shady than any other people, and they have shown a decent amount of restraint and morals based on their having had opportunities to exit scam, but did not (at least not yet). 

Of course, BTC-e has been one of the oldest exchanges, and they have been accused of a lot of shady things including collaborating to allow stolen GOX coins to be dumped on their exchange, and also other kinds of money laundering accusations - but merely because the USA govt makes such accusations does not necessarily make them true.

It is true that from the beginning BTC-e was an exchange that allowed you to do almost no KYC and AML verifications, so they would let you open up and account and begin to exchange with a mere sign up that involved only an e-mail address and a password... so I doubt that the mere fact that they had been attempting to allow freedom in the use of the exchange and to attempt to stay out of the reach of governments would have been shady in and of itself - beyond governments and banks not liking it. 

Accordingly, there has always been some mystery concerning exact ownership and management and who works with them, but I doubt that mere attempts at anonymity means that they are engaged in shady operations.

Of course, there are a lot of aspirations to create decentralized exchanges, and it seem that BTC-e operators have shared a lot of the cypherpunk type aspirations - and maybe even have been pursued because of their ideologies - yet now they have a real business/creativity problem, and that is to figure out how to inspire a sufficient amount of confidence in order to not continue to experience a run on their bank (exchange)

[DaRude]

https://www.whoisrogerver.com/

A scamming scumbag.

Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.

Bity response; no one uses Bcash in Switzerland...

Gets a few hundred million and turns into an egomaniac. He may be a big fish in this pond but the dude is a guppy on the global game of thrones. He doesn't seem to have any idea just how small he is compared to people with, not just wealth, but wealth that comes as a byproduct of real power. If he did, he wouldn't act like such an arrogant asshole all the time. I wish he would just fall into the ocean or something so I would never have to see his smug face again.

*edit* I know it's stupid. I should say something more substantive. But the way he speaks and acts bugs me more than any other human being alive. That perfect mix of autism and narcissism is like a cheese grater on my senses.

/rantoff

The players are known, the cards have been dealt and he doubled down. So at this point he has no option but to play out his hand i.e. continue doing what he's doing. The crappy part is bcash's funding (life support?) comes from Ver's BTC reserves and Bitmain. Unfortunately both benefit when BTC goes up, so unless BTC crashes hard or trades sideways for a very long time, the funding to prop bcash will continue to pour in.

[Anon136]

https://www.whoisrogerver.com/

A scamming scumbag.

Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.

Bity response; no one uses Bcash in Switzerland...

Gets a few hundred million and turns into an egomaniac. He may be a big fish in this pond but the dude is a guppy on the global game of thrones. He doesn't seem to have any idea just how small he is compared to people with, not just wealth, but wealth that comes as a byproduct of real power. If he did, he wouldn't act like such an arrogant asshole all the time. I wish he would just fall into the ocean or something so I would never have to see his smug face again.

*edit* I know it's stupid. I should say something more substantive. But the way he speaks and acts bugs me more than any other human being alive. That perfect mix of autism and narcissism is like a cheese grater on my senses.

/rantoff

The players are known, the cards have been dealt and he doubled down. So at this point he has no option but to play out his hand i.e. continue doing what he's doing. The crappy part is bcash's funding (life support?) comes from Ver's BTC reserves and Bitmain. Unfortunately both benefit when BTC goes up, so unless BTC crashes hard or trades sideways for a very long time, the funding to prop bcash will continue to pour in.

I think maybe you are thinking about it wrong. It's a 0 sum game. People think of bcash as relative to bitcoin not dollars. If bcash goes up marginally in dollar terms while bitcoin explodes in dollar terms no one calls that a bull market for bcash. So maybe bitcoin goes up giving him more money to pump into bcash, but at the same time bcash requires more and more funds in order to keep up with bitcoin if bitcoin has gone up.

[starmman]

The poll is looking much more bullish this week - good to hear

BTC dominance is approaching 50% and the highest its been this year - you think it will hit 50% or will we see an alt surge?

[Anon136]

The poll is looking much more bullish this week - good to hear

BTC dominance is approaching 50% and the highest its been this year - you think it will hit 50% or will we see an alt surge?

To the extent that most alts had any merit at all it was as a way to scale crypto payments laterally to compensate for the inability of bitcoin to serve as a payment vehicle. With LN rolling out I would say a lot of them have no reason to exist. All things being equal then we should expect to see dominance rise. Of course, in the real world, all things are never equal.

[mymenace]

https://www.whoisrogerver.com/

A scamming scumbag.
Roger emailed Bity threatening to remove them from their website (bitcoin.com) if they don't start offering Bcash.
Bity response; no one uses Bcash in Switzerland...

Gets a few hundred million and turns into an egomaniac. He may be a big fish in this pond but the dude is a guppy on the global game of thrones. He doesn't seem to have any idea just how small he is compared to people with, not just wealth, but wealth that comes as a byproduct of real power. If he did, he wouldn't act like such an arrogant asshole all the time. I wish he would just fall into the ocean or something so I would never have to see his smug face again.*edit* I know it's stupid. I should say something more substantive. But the way he speaks and acts bugs me more than any other human being alive. That perfect mix of autism and narcissism is like a cheese grater on my senses. /rantoff

The players are known, the cards have been dealt and he doubled down. So at this point he has no option but to play out his hand i.e. continue doing what he's doing. The crappy part is bcash's funding (life support?) comes from Ver's BTC reserves and Bitmain. Unfortunately both benefit when BTC goes up, so unless BTC crashes hard or trades sideways for a very long time, the funding to prop bcash will continue to pour in.

I think maybe you are thinking about it wrong. It's a 0 sum game. People think of bcash as relative to bitcoin not dollars. If bcash goes up marginally in dollar terms while bitcoin explodes in dollar terms no one calls that a bull market for bcash. So maybe bitcoin goes up giving him more money to pump into bcash, but at the same time bcash requires more and more funds in order to keep up with bitcoin if bitcoin has gone up.

Ah, are the players well known

But what if there is a complete collapse of BCH and stolen coins returned.

Seems like #Qanon is missing some resources, bitcoin blockchain strings, bitcointalk forum, reddit
Why is this stuff on the Internet ??  Roger Ver, Brock Pierce

Bruce Wagner     http://bw.gl/forum/viewtopic.php?f=19&t=160   https://bitcointalk.org/index.php?topic=106027.40
https://forums.somethingawful.com/showthread.php?threadid=3413928&pagenumber=457

Bruce Wagner is a pedophile con man. He was run off the forums about a year ago after another forum (somethingawful) dug up a bunch of info on a real estate scam he was running (amongst other things).

Calvin Ayre     This info on some twitter site - what do these people know, getting scary.
..."⚡️Pumpy ฿rewster⚡️ [Orthodox Bitcoiner] @PumpyBrewster⚡️Pumpy ฿rewster⚡️ [Orthodox Bitcoiner] Retweeted LEȘTER LONG
So Calvin Ayre likes little girls with braces. Should change the name from Bcash to PedoCash. #Bcash #Shitcoin"...
https://calvinayre.com/2016/04/05/business/calvin-ayre-foundation-brings-cheer-to-typhoon-battered-village-in-the-philippines/



Who put all that dirty crap s#@t on the blockchain https://bitcoinstrings.com/all
Why is Clinton foundation involved?

Watch the price

ChiefJusticeRoberts,PresidentCarter,PresidentClinton
SjLP"boku to kimi ga tunagaritsudukeru sonnna hi ga kurukoto negatteru" by .........
/ViaBTC/Big Blocks/6

[rolling]

The poll is looking much more bullish this week - good to hear

BTC dominance is approaching 50% and the highest its been this year - you think it will hit 50% or will we see an alt surge?

The whole reason alts exploded goes back to the first LTC pump. People got it in their head that when bitcoin pumps, alts pump harder. But, just like any "known" trend, once it is known, it doesn't work anymore. Alts need to beat bitcoin on pumps consistently to make up for the risk of holding the shit. It isn't really happening on this pump and that may very well spell the end for 90% of the alts when all the dust settles.

[Karartma1]

The poll is looking much more bullish this week - good to hear

BTC dominance is approaching 50% and the highest its been this year - you think it will hit 50% or will we see an alt surge?

But...but...
I was told EOS and ETH would do the flippening!


/s