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

[HairyMaclairy]

What central banks can't control is the whirlwind that will be the inevitable result from the stupid policies adopted back in the 1910-1913 timeframe. All they will be able to do is react to the debt-fueled collapse of the world economic system.

If you are waiting for the ‘inevitable’ result of something that happened over 100 years ago, you may be waiting a wee while longer.  Perhaps a few more hundred years. 

[infofront]

troll of the year
https://twitter.com/realDonaldTrump/status/1096485376087097344

who is that trump guy ?

Alpha as fuck

[Last of the V8s]

Would you be honest enough to criticize Craig, if you knew he was wrong?

Sure. He's already made a lot of bone headed statements already. No, I'm not going to enumerate them.

Let's do some of them anyway

https://en.bitcoin.it/wiki/Craig_Wright

    Wright's claimed PGP key was provably backdated. [1][2]
    He was paid millions of dollars by nTrust to 'reveal' himself as Satoshi (this is for those who think he lacked motive)[3]
    Signature claimed to prove him to be Satoshi was worthless. [4]
    Second claimed "signature" was also an obvious forgery. [5]
    N-th claimed "signature" was yet another obvious forgery. [6]
    Faked blog posts showing his early involvement in bitcoin. [7]
    Craig Wright is apparently using his fame to run an advance-fee scam.[8]
    Incorrectly calling it "Bit Coin" several times in 2011. [9]
    Gross technical incompetence. [10][11][12]
    No evidence of any C++ proficiency.
    Plagiarizism[13]
    If Craig Wright really was the creator of Bitcoin, the proof would be trivial. We see an example by Charlie Lee the creator of Litecoin[14]

Again... Relevance as to the matter on JPM potentially infringing on nChain patents?

nobody gives a shit about that part except as a sideshow
that's why it was edited out; we moved on to the part where you do everything you can to support this fraudulent actor and minimise his crimes

[JimboToronto]

who is that trump guy ?

A "reality" TV actor.

[El duderino_]

Taxi reform didn't come from taxis, but from Uber. 🚗

Hotel reform didn't come from hotels, but from AirBnB.  🏨

Finance reform didn't come from banks, but from Bitcoin. 🏦

https://twitter.com/AlecZiupsnys/status/1096450706670829569

[El duderino_]

to very different opinions on the TRUMP matter

[HI-TEC99]

who is that trump guy ?

A "reality" TV actor.

Are you back for those few days in mid-February because you need more cash? Is it safe to buy now? Will the price crash in a few days when you go back?

Hey Jimbo - good to see you're away from the cold snap, but when are you due back?  

Be good to know so I can get some more fiat back into an exchange on time

My return flight is booked for March 26 (2 days before the Jays' home opener) but I told people  I might fly up for a few days in mid-February if I need more cash or if it's profitable enough for me.

_____

Sorry but I have no control over the price of Bitcoin. The continuing coincidence is however enough to make you superstitious.  

[jbreher]

I don't have anything to add to the patent discussion. I just find it curious that you always rush to Craig's defense.

Granted, the chain of dependent clauses that I drew that ended in JPM being forced onto bitcoin as infrastructure for their JPM coin is a long one, with each step having some level of improbability. But if such were to occur, would that not be noteworthy? Is the possibility not worth discussing?

It ain't a matter of white knighting for CSW. But I'm not the one that opened the topic. And other than my comment, all that was or would have been said would have been the typical dose of groupthink schoolyard pile on derision that was already underway when I deigned to speak up.

Further, replies to my opening post on the topic parroted widespread lies and or misunderstandings regarding nChain's actions. Are such not worth correcting? Would you rather have slander go unchallenged when the record could be set straight instead?

Yeah, we all know all y'all think Craig lied about being Satoshi. That's not what this branch of the thread is about. It's about nChain patents and their relationship to JPM.

I'm just trying to bring some sense of balance among the near-universal Craig derangement syndrome.

[HairyMaclairy]

He can't simultaneously have a mound of patents (for which core sycophants regularly excoriate him), and not have any patents.

There is no impediment to him having a mound of invalid patents.

[Last of the V8s]

'All the international liquidity getting sucked back into the USA'
 

[Torque]

What central banks can't control is the whirlwind that will be the inevitable result from the stupid policies adopted back in the 1910-1913 timeframe. All they will be able to do is react to the debt-fueled collapse of the world economic system.

If you are waiting for the ‘inevitable’ result of something that happened over 100 years ago, you may be waiting a wee while longer.  Perhaps a few more hundred years.  

99% debasement of the currency's purchasing power after 100 years? Not really dude, we're already living that reality. The world economy is currently on life support. Won't take another 100 years, more like 20.

[Cryptotourist]

to very different opinions on the TRUMP matter

Alpha male reality media actor. Level advanced.

[El duderino_]

Banks caused the largest economic crisis since the Great Depression in 2008.

Everyone hoped for bank reform.

What we got was even better.

Money outside the system.

Bitcoin.

https://twitter.com/AlecZiupsnys/status/1096391730314784773

When institutions or investors try to discount bitcoin, it's actually just them admitting they missed the biggest move of a generation.

There will, however, become a point where they are forced to admit they were wrong.

Some just take longer than others to realize it.

https://twitter.com/AlecZiupsnys/status/1096228606718689280

[Torque]

Yeah, we all know all y'all think Craig lied about being Satoshi.

By saying "ya'll" you are implying that you personally don't think he lied. Which makes you look even more like an idiot, because you know damn well he's not Satoshi and cannot prove it.

Further, replies to my opening post on the topic parroted widespread lies and or misunderstandings regarding nChain's actions. Are such not worth correcting? Would you rather have slander go unchallenged when the record could be set straight instead?

Trying to White Knight garbage doesn't make it any less garbage, especially considering the source. Your point is irrelevant.

I'm just trying to bring some sense of balance among the near-universal Craig derangement syndrome.

Fuck off dude. CSW is an lying idiot charlatan, and you are an idiot if you support him or defend him in any way. Makes you look even more stupid.

[El duderino_]

https://twitter.com/Cryptanzee/status/1096427187710951426

hahaha LoL

[jbreher]

Now I'm not saying Bitcoin will be a lagging investment in comparison. Nay, even with the scenario outlined above, I expect Bitcoin to handily outperform PMs. But in discussing alt assets, let's at least be real.

Just in regards to your last statement, above.  I think that i am being real with a suggestion of a 5% ceiling on dinosaur PM investments.

Maybe I just misunderstand your nebulous statement. I read across your vagueness as there being a below 5% (I think your even wrote 1%) chance that gold would be revalued by some multiple in a step function. What exactly does "5% ceiling on dinosaur PM investments" mean?

[El duderino_]

The Spanish bank BBVA has frozen the bank accounts of hundreds of Chinese without warning.

The legacy financial institutions are doing more to help the adoption of Bitcoin than they realize.

Long Bitcoin, Short the Bankers!

POMP POMP POMP POOOOOOMP

https://twitter.com/APompliano/status/1096424307880837121

[LFC_Bitcoin]

Yeah, we all know all y'all think Craig lied about being Satoshi.

By saying "ya'll" you are implying that you personally don't think he lied. Which makes you look even more like an idiot, because you know damn well he's not Satoshi and cannot prove it.

I'm just trying to bring some sense of balance among the near-universal Craig derangement syndrome.

Fuck off dude. CSW is an lying idiot charlatan, and you are an idiot if you support him or defend him in any way. Makes you look even more stupid.

More chance of Mila Kunis & Margot Robbie sucking my dick this weekend than CW being Satoshi. He’s a fraudster, a charlatan, a snake oil salesman. Hopefully he’ll be totally irrelevant regarding crypto in a couple of years (if he isn’t already).  

[jbreher]

Aren't patent trolls "losers," even if they make money? 

How so? There is a realistic debate to be had centering on the legitimacy of the concept of patents. But 'winners' and 'losers' are only identifiable as such within the context of the rules of the system. So, no: patent owners are by definition winners. At least to the extent to which others may want to employ the patented idea (i.e., even if they make money).

I think that I already explained my position. If you want to value winners based on their ability to get rich by any means, then you can do that.

It ain't _me_ doing the valuing. Getting rich is how society as a whole values the contribution made thereto. That's kind of the way market economies work.

[El duderino_]

Yeah, we all know all y'all think Craig lied about being Satoshi.

By saying "ya'll" you are implying that you personally don't think he lied. Which makes you look even more like an idiot, because you know damn well he's not Satoshi and cannot prove it.

I'm just trying to bring some sense of balance among the near-universal Craig derangement syndrome.

Fuck off dude. CSW is an lying idiot charlatan, and you are an idiot if you support him or defend him in any way. Makes you look even more stupid.

More chance of Mila Kunis & Margot Robbie sucking my dick this weekend than CW being Satoshi. He’s a fraudster, a charlatan, a snake oil salesman. Hopefully he’ll be totally irrelevant regarding crypto in a couple of years (if he isn’t already).  

both of those chances seems to be on a very very SMALL size