Bitcoin Forum
May 07, 2024, 03:55:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 »
  Print  
Author Topic: Calling top at $16500 (New speculation: Guess the price 19 Feb 2021!)  (Read 24296 times)
Wind_FURY
Legendary
*
Offline Offline

Activity: 2912
Merit: 1825



View Profile
June 06, 2019, 08:12:29 AM
 #381

Hi sgbett, I'm asking this out of real curiosity, not to start any social drama mud-slinging debate, but does the whole Bitcoin Cash SV community truly believe that Craig Wright is Satoshi? Or are there some people who have their reservations about it?

tl;dr everyone in BSV knows he is satoshi.

Once you know something, you don't really worry about what other people believe.


But if he really is not Satoshi, then wouldn't that be fraud commited to scam the people into believing that "Bitcoin Cash SV is Satoshi's real vision, and therefore the real Bitcoin"?

Plus don't you believe that the community should move on from "Satoshi"? He already left.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715097356
Hero Member
*
Offline Offline

Posts: 1715097356

View Profile Personal Message (Offline)

Ignore
1715097356
Reply with quote  #2

1715097356
Report to moderator
1715097356
Hero Member
*
Offline Offline

Posts: 1715097356

View Profile Personal Message (Offline)

Ignore
1715097356
Reply with quote  #2

1715097356
Report to moderator
thecodebear
Hero Member
*****
Offline Offline

Activity: 2100
Merit: 813


View Profile
June 06, 2019, 11:03:40 AM
 #382

Nothing is funnier than sgbett not only not being able to see a bull market two months after it started (that'd be like trying to argue we were still in a bull market in feb 2018 after the price crashed to $6k haha) but also being conned into the whole bsv nonsense!

Some people cant let go of a bull market, it seems sgbett cant let go of a bear market. This thread is fun to come to for laughs.
barota
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 286



View Profile
June 06, 2019, 01:09:49 PM
 #383

bitcoin will crash under 2000 usd per btc this year or next year
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
June 06, 2019, 04:21:39 PM
 #384

Plus don't you believe that the community should move on from "Satoshi"? He already left.

Obviously not. For sgbett, once we attain enough knowledge, and wisdom about human psychology, we too will realize that CSW = Satoshi. And that seems incredibly important to his viewpoint despite his protests that it's Bitcoin proponents who are making it all about CSW.

I agree with you, who cares about Satoshi? He gave the world a gift and disappeared. Trying to fit the protocol to "his vision" is beyond stupid. What if his vision was short-sighted and wrong? What if users want something else? What if his code sucks? Bitcoin = the Bitcoin network. Its users and the changes they implement are much more important than Satoshi. Satoshi became irrelevant many years ago.

gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
June 06, 2019, 04:53:09 PM
 #385

Satoshi became irrelevant many years ago.

His big fat stash makes him relevant even though there's never been the slightest indication it's ever going to move.

Other than that the world has moved beyond him and that's precisely what his intention was I reckon. I'm sure he would've preferred to have wound up with vastly less coin too. Each one mined by him was a failure of his project.
sgbett (OP)
Legendary
*
Offline Offline

Activity: 2576
Merit: 1087



View Profile
June 06, 2019, 05:21:30 PM
 #386

Nothing is funnier than sgbett not only not being able to see a bull market two months after it started (that'd be like trying to argue we were still in a bull market in feb 2018 after the price crashed to $6k haha) but also being conned into the whole bsv nonsense!

Some people cant let go of a bull market, it seems sgbett cant let go of a bear market. This thread is fun to come to for laughs.

I am glad it amuses you Smiley

Obviously not. For sgbett, once we attain enough knowledge, and wisdom about human psychology, we too will realize that CSW = Satoshi. And that seems incredibly important to his viewpoint despite his protests that it's Bitcoin proponents who are making it all about CSW.

I've said nothing of human psychology WRT wisdom about human psychology telling me who is Satoshi. Rather awkward, given what you are trying to claim that would mean if I had.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
sgbett (OP)
Legendary
*
Offline Offline

Activity: 2576
Merit: 1087



View Profile
June 06, 2019, 05:26:37 PM
 #387

Hi sgbett, I'm asking this out of real curiosity, not to start any social drama mud-slinging debate, but does the whole Bitcoin Cash SV community truly believe that Craig Wright is Satoshi? Or are there some people who have their reservations about it?

tl;dr everyone in BSV knows he is satoshi.

Once you know something, you don't really worry about what other people believe.


But if he really is not Satoshi, then wouldn't that be fraud commited to scam the people into believing that "Bitcoin Cash SV is Satoshi's real vision, and therefore the real Bitcoin"?

Where's the fraud? how much of your money has he taken? I can tell you he hasn't had a penny from me.

Plus don't you believe that the community should move on from "Satoshi"? He already left.

Aye, he stepped away. What if he came back? Why would he do that?

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
fabiorem
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 347


View Profile
June 06, 2019, 05:30:51 PM
 #388

Your irrational dislike of CSW will undo you. Maybe not everything is about him. Crazy thought, I know.


CSW keep doing threats not only against bitcoin, but against the entire cryptospace. So the general dislike for him is not that irrational as you believe.
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
June 06, 2019, 05:53:46 PM
 #389

Obviously not. For sgbett, once we attain enough knowledge, and wisdom about human psychology, we too will realize that CSW = Satoshi. And that seems incredibly important to his viewpoint despite his protests that it's Bitcoin proponents who are making it all about CSW.

I've said nothing of human psychology WRT wisdom about human psychology telling me who is Satoshi.

I guess I misunderstood what you were trying to say here:

I think proof (or not) of Craig being satoshi, is likely to have much more of an effect on people who have less of an understanding of Bitcoin, blockchain, math, crypto in general, the history, the people etc that kind of information is much harder to gather and takes years of learning.

i'm saying that people with lesser of an involvement with the space, and thus less information, will probably put more stock in whether or not he is/isn't as a proxy for figuring stuff out themselves. Thats not an inherently good/bad thing, just an observation on how I think human psychology works.

tl;dr everyone in BSV knows he is satoshi.

So enlighten me, what was your point exactly? Why are you projecting these ideas about "how people are likely to be affected" and how people are using CSW "as a proxy for figuring stuff out themselves?"

Rather awkward, given what you are trying to claim that would mean if I had.

What was I trying to claim?

I was just implying your long-winded post contained nothing but useless anecdotes glorifying your own knowledge and ability to read people. Just an empty post saying nothing, sort of like everything CSW publishes. Somehow it was supposed to justify how "everyone in BSV knows he is satoshi" and, of course you would say that, because it's obviously an incredibly important point for BSV supporters.

I don't give a shit who Satoshi is. Maybe it's just not that important to Bitcoiners.

figmentofmyass
Legendary
*
Offline Offline

Activity: 1652
Merit: 1483



View Profile
June 06, 2019, 07:40:08 PM
 #390

His big fat stash makes him relevant even though there's never been the slightest indication it's ever going to move.

those coins will be moved someday, but probably not by satoshi. there was a great article about this: Who Will Steal Satoshi's Bitcoins?

Other than that the world has moved beyond him and that's precisely what his intention was I reckon. I'm sure he would've preferred to have wound up with vastly less coin too. Each one mined by him was a failure of his project.

maybe, although i'm sure he would have assumed there would be few users early on. i rather think he viewed the coins he mined as donations. as he said once---
Quote
Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.

sgbett (OP)
Legendary
*
Offline Offline

Activity: 2576
Merit: 1087



View Profile
June 06, 2019, 09:29:11 PM
 #391

What was I trying to claim?

your words...

"once we attain enough knowledge, and wisdom about human psychology, we too will realize that CSW = Satoshi"

read like a claim, but perhaps I misunderstood. I'll try and explain a bit better.

I said that for people with less information (ie those outside the crypto space, as opposed to people like you or I) its inevitable that they will look to an authority for guidance. That's what people tend to do. I'm simplifying of course, its a complicated topic. Here's some research on the subject .

None of this rules out the chance I am wrong about this type of behaviour, but if we assume its a fair characterisation then we start to reason things.

If people have low epestimic authority, then this predicts that they will benefit greatly from information they receive from someone they perceive to have high epestimic authority. That is to say, they will use this person as a proxy. What better proxy than "Satoshi Nakamoto" inventor of bitcoin!?

So, as I tried to explain before - regardless of whether he is or isn't, any firm resolution to that question is likely to have an outsize effect on the large majority of folk that are not in the space. It's probably mainstream media newsworthy. A "yes he is" would draw some pretty serious positive attention to BSV. A "no he isn't" would quite likely have a very different effect!

So, in reality, what you seemed to be saying was the opposite of what it most likely when it comes to all you guys that have been around a while (and seen a few pixels in your time). OG crypto guys are much more likely to benefit more from experimentally based information, because you are more likely to reject contrary information, as you have a high self-ascribed epestimic authority. (It's no coincidence that me having very close connections with a lot of key BSV folk, and understanding the work being done first hand, has had the influence it has - given your characterisation of me "glorifying my knowledge" Wink

Yes, I too have seen a few pixels and as such have a high level of self-ascribed epestimic authority. I'm ok with that, knowing that about myself helps me be aware of the pitfalls it might create.

What it does help me to understand is that I'm unlikely to change your opinion directly, just by arguing about why he is, or why BSV is the real Bitcoin yada yada (though I might tell you thats what I think from time to time). I understand all too well the difficulty in having foundational understanding shaken and turned on its head. For people like yourselves, it seems likely that the only thing that could be of benefit to you is direct experience.

Beleive it or not, I'm not here to shill BSV and pump it so I can sell for gainz. I'm here because I think Bitcoin will change the world for the better, and I see that more clearly than ever now. I want you all to be part of it (I want everyone to be part of it!).

It seems that people are not happy with BSV, and I can understand that. You think BTC is Bitcoin, and BSV is some pretender. I felt exactly the same about segwit. I felt exactly the same about LN. Same story, different cast.

I was furious at Core for what they did. Outraged. Then as time went on, I started to realise there was nothing I could do, I just had to accept that was where it was going and hope for the best, I was in despair. I became morose. I feel the whole project was going to fail nothing could be done. (Check my activity, I all but gave up on the boards, from once being a regular).

The BCH fork was Both a curse and a blessing. On the one hand I could see that it was preserving the chain, but on the other hand - it was a minority fork, there were so many threats, so many people were against it. To go with BCH was to give up my long held belief in Bitcoin above all else. It was the most distressing and difficult decision I had to make.

So I know full well the dilemma that each and every BTC holder is facing. I know there is a full spectrum of opinion, im at one end whilst some are still convinced of the folly of anything other than BTC.

It was easier the second time round with BCH/BSV split -  I knew more than ever about protocol, design implications, development roadmaps and by now I'd become accustomed to being "the underdog". It seemed clear to me that arguments people were making against BSV were emotional - they felt threatened - and often centred around a dislike of CSW. That didn't seem logical, and made me all the more curious to find out what was really going on.

One of the great things about being the underdog... you've already "lost" so you are not afraid of having anything take away. Today I'm more calm about the future of Bitcoin than I have ever been. Could I be proven wrong again? Absolutely, and if I am I hope I have the good grace, and mental fortitude to accept that and act accordingly.

I wish you all the best of luck. Bitcoin isn't about "making money" (in a trading sense) - it already *is* money - it's become clear to me now what its real purpose was all along. It's about making a better world. I encourage all of you to honestly look at what is going on with metanet, and what this means for the future of mankind. If you all *really* dont care who satoshi is, then you equally should care about Craig. Look at the tech.

I don't want you to sell your BTC and buy BSV. I don't care what you are holding. I just want you to know about what BSV is doing, because it feels like 2010 all over again and you guys that beleived in bitcoin back then, deserve the first chance to believe in it all over again.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
sgbett (OP)
Legendary
*
Offline Offline

Activity: 2576
Merit: 1087



View Profile
June 06, 2019, 09:41:12 PM
 #392

Your irrational dislike of CSW will undo you. Maybe not everything is about him. Crazy thought, I know.


CSW keep doing threats not only against bitcoin, but against the entire cryptospace. So the general dislike for him is not that irrational as you believe.


I understand exactly why people dislike him, and I understand why they think that is a rational position.

He is attacking every coin that isn't Bitcoin, because they are not Bitcoin. That's a massive threat to their "money".

However what CSW understands is that Bitcoin is not about p2p cash for money's sake alone. Establishing Bitcoin as valuable is just the bootstrapping phase, p2p cash is the incentive to get people to value it.

Bitcoin is not just a p2p cash network, but it is a global computer, network, computation, storage (it was all there in v0.1 for those that refuse to accept this).

It is run by miners, paid for by bitcoin, secured by bitcoin. All of this is only possible if bitcoin is *worth* something.

When you see it, it is glorious. It is rational.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
STT
Legendary
*
Offline Offline

Activity: 3906
Merit: 1414


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
June 07, 2019, 04:49:36 AM
 #393

Worth comes from the utility provided and the reliable fungible exchange, when thats there the rest is speculation and trading.     I have no idea what CSW is adding to basic utility in anything they say or do, if I heard anything of use to me then any further statements might start to be believable but first I need them to recognise they have a useful position in their conclusions on any crypto topic.   Is there a list of great CSW statements made everyone should hear, maybe agree with or gain some insight he has

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Wind_FURY
Legendary
*
Offline Offline

Activity: 2912
Merit: 1825



View Profile
June 07, 2019, 06:30:10 AM
 #394

Hi sgbett, I'm asking this out of real curiosity, not to start any social drama mud-slinging debate, but does the whole Bitcoin Cash SV community truly believe that Craig Wright is Satoshi? Or are there some people who have their reservations about it?

tl;dr everyone in BSV knows he is satoshi.

Once you know something, you don't really worry about what other people believe.


But if he really is not Satoshi, then wouldn't that be fraud commited to scam the people into believing that "Bitcoin Cash SV is Satoshi's real vision, and therefore the real Bitcoin"?

Where's the fraud? how much of your money has he taken? I can tell you he hasn't had a penny from me.


If he's not Satoshi, but saying that he's Satoshi, and therefore BSV is his true vision, and is therefore Bitcoin is not deceptive? Or does he openly admit that BSV is an altcoin forked from another altcoin?

Quote

Plus don't you believe that the community should move on from "Satoshi"? He already left.

Aye, he stepped away. What if he came back? Why would he do that?


That's the question. Cool

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
figmentofmyass
Legendary
*
Offline Offline

Activity: 1652
Merit: 1483



View Profile
June 07, 2019, 08:16:16 AM
 #395

Where's the fraud? how much of your money has he taken? I can tell you he hasn't had a penny from me.

when people say "fraud" they don't necessarily mean "financial fraud". there's also this definition:

Quote
a person or thing intended to deceive others, typically by unjustifiably claiming or being credited with accomplishments or qualities.
synonyms:   impostor, fake, sham, pretender, hoodwinker, masquerader, charlatan

just look at some of the past events listed under "Evidence against Craig Wright being Satoshi". what's with all the provable backdating and forgeries he's committed in trying to prove he's satoshi?

isn't that fraudulent behavior?

Aye, he stepped away. What if he came back? Why would he do that?

you think we should appeal to satoshi's authority, whoever he is? why? i think whatever changes will be made to bitcoin, ought to have broad consensus from users and developers. not one man realizing his vision.

Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
June 07, 2019, 08:59:17 AM
Last edit: June 07, 2019, 09:11:11 AM by Febo
 #396

Satoshi became irrelevant many years ago.

His big fat stash makes him relevant even though there's never been the slightest indication it's ever going to move.

Those Bitcoins have no impact on Bitcoin. They have impact only on price. If he sells them price will crash and soon after it will recover.  Satoshi is irrelevant.


Your irrational dislike of CSW will undo you. Maybe not everything is about him. Crazy thought, I know.

CSW keep doing threats not only against bitcoin, but against the entire cryptospace. So the general dislike for him is not that irrational as you believe.

That is only thing that keeps BSV alive. Any publicity is good publicity. Once people will figured it out and started ignoring him BSV will sink out of everyone's mind.


CSW keep doing threats not only against bitcoin, but against the entire cryptospace. So the general dislike for him is not that irrational as you believe.

I understand exactly why people dislike him, and I understand why they think that is a rational position.
He is attacking every coin that isn't Bitcoin, because they are not Bitcoin. That's a massive threat to their "money".

Yes he also know Monero ZCash and Litecoin will cease to work until end of this year.  There is not much time left unless he was somehow wrong this time. How could he be?  Shocked


Just a pullback right? BTFD right? Go on, I dare you. BTC is the real Bitcoin what are you afraid of? ;p



In b4 “You know nothin’ sgbett”

LOL. Did you at least look at what you posted? Price doubled in a month. What else then a correction is expected.  Well Bitcoin can as always just postpond correction. But nothing can get postponed forever.
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
June 07, 2019, 09:18:06 AM
 #397

Those Bitcoins have no impact on Bitcoin. They have impact only on price. If he sells them price will crash and soon after it will recover.  Satoshi is irrelevant.

Most people are only here because of price. If that stash was used to meddle with the price, and you could do it for years with that amount, then that has a direct impact on adoption and usage.
sgbett (OP)
Legendary
*
Offline Offline

Activity: 2576
Merit: 1087



View Profile
June 07, 2019, 03:17:03 PM
 #398

Worth comes from the utility provided and the reliable fungible exchange, when thats there the rest is speculation and trading.     I have no idea what CSW is adding to basic utility in anything they say or do, if I heard anything of use to me then any further statements might start to be believable but first I need them to recognise they have a useful position in their conclusions on any crypto topic.   Is there a list of great CSW statements made everyone should hear, maybe agree with or gain some insight he has

I honestly think that if you knew what was going on with BSV, you might have a different opinion. There is an incredible amount of information out there, about the services and solutions that are being developed. If you are interested it is easy to find.

Over the last 8 years everyone has been arguing about how to make bitcoin better. The truth is it never needed "improving". It just needed cleaning up. That's what nChain is focused on right now. They are committed to massive on-chain capacity, and a stable protocol.

Developers should not be arguing about changing bitcoin to add this or that functionality. It's unnecessary - instead they should be looking at what SCRIPT allows you to build *on-top* of bitcoin. Everything that is needed is already there. It always was.

You fail to understand, I'm not your enemy. I'm not your adversary. I'm revealing to you an opportunity. You can choose whether to take it, or whether to keep banging that tribal drum!

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
June 07, 2019, 06:52:40 PM
 #399

Those Bitcoins have no impact on Bitcoin. They have impact only on price. If he sells them price will crash and soon after it will recover.  Satoshi is irrelevant.

Most people are only here because of price. If that stash was used to meddle with the price, and you could do it for years with that amount, then that has a direct impact on adoption and usage.

That amount of wealth can change many things in the world.  It is like $10 billion. And only god know how much will be in 2025.   But I am sure it will not stop Bitcoin to become world reserve currency.
STT
Legendary
*
Offline Offline

Activity: 3906
Merit: 1414


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
June 11, 2019, 04:00:01 PM
Merited by sgbett (1)
 #400

You fail to understand, I'm not your enemy. I'm not your adversary. I'm revealing to you an opportunity. You can choose whether to take it, or whether to keep banging that tribal drum!


I never assume people set out negatively but all of us have the capacity to be wrong while believing we are correct.    The only thing we can all agree to that is a positive is an open competitive market and society will gain from the best product advancing over those with more limited visions of what is possible and the best direction for utility provided from that product.


Alot of things become alot clearer in retrospect that were lost at the time, I'm really not against any genuine attempt at innovation or advancement.   Of course its the case that most will not succeed or provide what the market requires

Quote
Most people are only here because of price. If that stash was used to meddle with the price, and you could do it for years with that amount, then that has a direct impact on adoption and usage.

I would really argue the opposite pretty much, greater liquidity could be an ironic positive.   The individual unit price might be dropping but its still possible at the same time for the overall market capitalisation to be rising from greater usage and turnover.
The main thing I always see argued against is a disorderly market, so yea suddenly introducing a large supply would be disruptive but the details of why that new supply to market occurred is more important  for ongoing growth then the price.

The same thing could be true in any downturn, people typically get very glum and disappointed.   Hung up over a simple price, the greater distribution that occurs during a downturn is a positive and this relates to many markets the price altering is allowing many new entrants and a good thing long term, so long as its not too erratic.    If BTC came back to 6k now I would be more bullish year to year then it rising every week unsupported by some correlation in population growth or similar.

If people set their mood by the 200 week long term average price instead of this noise every day, the opinions formed would probably better reflect what matters for the growth of BTC usage not just speculation.   Almost none of us has that patience so we're sometimes over anticipating in many cases and ignoring what really matters

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!