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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13468. (Read 26719852 times)

legendary
Activity: 1596
Merit: 1061
Smile
Not long now...........



https://www.intelligenthq.com/finance/can-central-banks-use-cryptocurrency-to-increase-their-foreign-reserves/

Through this project, the banks seek to develop an institutional streamlined mechanism of payment backed by the blockchain technology.

This and other projects initiated by the banks may have paved way for central banks to begin rethinking cryptocurrencies, lead to the recent announcement by G7 central banks.

Andrey Tuchkov, the CEO at SOFIN.IO says,

    “These actions will lead to the growth of the total capitalization of cryptocurrency. And the rumours about it will increase the volumes of long positions on the futures of Bitcoin, which eventually lead to new historical maximums.”








The central bank SDR (Standard Drawing Rights?) in crypto form.  Grin Grin
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Interesting piece on how politicians end up supporting Russian disinformation by validating conspiracy theories.

https://www.snopes.com/news/2018/05/03/jade-helm-russia-abbott-hayden/
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Rose:   You make a good point.  There is a lot said by Satoshi on this forum that doesn’t sit well with the White Paper.  And for the record, I am not a strict constructionist so not worth quibbling over words of someone who is probably dead.

The white paper was a starting out point, and surely the strict frame should be attempted to be followed.. especially when we are talking about creating and maintaining incentives that it cannot really gat taken over, and therefore, everyone working in their own self interest checks in upon itself causing decentralization, immutability and security... and then individual peeps can decide whether or not they recognize value and use cases for themselves with such a system that continues to build on itself in such a decentralized immutable way.

I doubt that strict constructionalism gets anyone closer because the whole system has become a part of the community rather than one mind or one small group that originally envisioned it and put it to practice... so both living through code - but perhaps dead when it comes to the status of real person(s).
legendary
Activity: 1596
Merit: 1061
Smile
Roger has literally funded the most BTC and BCH startups and charity related crypto donations, hypothetically if Roger was a thief, he's Robin Hood.

Yes we know Roger PAID PEOPLE OFF, they will be dealt with too, you all know who you are

Time to release all the information, no more games, (sick f$%ks playing with peoples lives) +++

I will give 5 10 bitcoin to anyone who gets Roger Ver to return all cryptsy and mtgox users coins.

Crime: Misleading the public on multiple occasions with his multiple projects advising users that they were safe and OK to use

Roger Ver the SOCIALIST

http://voluntaryist.com/tag/roger-ver-how-i-became-a-voluntaryist/





hmmm  Undecided , what would that 10btc look like in 5 years  Grin

sr. member
Activity: 392
Merit: 254
David Kleiman is part of CSW's narrative.  If you think he is part of the story, then faketoshi is probably part of the story too.


I'm honestly not prepared to come down on either side of that. I just don't have enough information. But CSW has shown he can't bitcoin his way out of a paper bag on more than one occasion. Even according to his own narrative he's peripheral at best.


Rose:   You make a good point.  There is a lot said by Satoshi on this forum that doesn’t sit well with the White Paper.  And for the record, I am not a strict constructionist so not worth quibbling over words of someone who is probably dead.

I always considered the forum Satoshi more or less the Satoshi-Satoshi. But yeah, probably mostly dead.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Rose:   You make a good point.  There is a lot said by Satoshi on this forum that doesn’t sit well with the White Paper.  And for the record, I am not a strict constructionist so not worth quibbling over words of someone who is probably dead.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Fuck all our luck. Carolina or bust.

Lets jinx it and say it will drop / dump a bit more!!! Cheesy Cheesy

Sell you dumb ducks!!! SELL!!! WE NEED YOUR COINS!!! GIVE THEM TO US!!! Cheesy Cheesy
hero member
Activity: 750
Merit: 601
Whatever you think about whether or not Satoshi should be considered as authoritative

I believe Satoshi died with Dave Kleiman and Hal Finney. I don't know what Satoshi writings could possibly be considered authoritative.


I somehow expected better from you.

Fair enough. I'll try to up my game. Undecided

David Kleiman is part of CSW's narrative.  If you think he is part of the story, then faketoshi is probably part of the story too.
sr. member
Activity: 392
Merit: 254
Dear Jbear

Please cite from the White Paper.  

Hint:  you can’t, because it’s not there other than a reference to SPVs which I expect you will seize on being the Bcash lol fanboy that you are.


His later statements were an acknowledgment of the way Bitcoin was developing in practice.  In any event, it’s moot because we are where we are with miners holding significant power.  



It's an anonymous handle. There's no reason to rule out the possibility it changed hands more than once. There comes a point at which the intentions of a pen name are moot.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Fuck all our luck. Carolina or bust.


Carolina may be a frigging tease......( I wish BTC to be a wanton slutty money grubbing...whoxxx OK you get my drift)

I mean if we are gonna play 'gold digger' ....well lets take the gloves off baby....

Let's just say that hypothetically, you are about in your early 60s and you have around 100 BTC...

You really gotta think about your longevity.

Let's say, best case scenario, you have good genes, and you want to prepare to live until 100.  It is quite likely that you could take out 3% of your coins per year, and be doing just fine.. because on average, I expect bitcoin is going to appreciate more than 3% per year...
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Dear Jbear

Please cite from the White Paper.  

Hint:  you can’t, because it’s not there other than a reference to SPVs which I expect you will seize on being the Bcash lol fanboy that you are.


His later statements were an acknowledgment of the way Bitcoin was developing in practice.  In any event, it’s moot because we are where we are with miners holding significant power.  

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Hodling all the way down was the functional equivalent of falling into a 6 months coma. Waking up to that has been terrible.

I resemble that remark....





the above picture (future) is also frigging likely as well....FML

These are overly pessimistic renditions. Of course, if you are not actively investing and accumulating, it becomes a lot harder to just become rich on a $250 bitcoin that you bought in 2015.. you gotta be a bit more aggressive, interactive if you really want to get rich....


Get rich ideas are really exhausting.. especially if you have not done any attempts at preparations besides watching the charts.  Over 3 years, you can accumulate a whole hell of a lot of bitcoins, and where the fuck else are you going to put your money that has such great potential for returns.  Of course, buying a personal house and index stocks and even 401k investments can be good for diversification, and so when you start whining that even though you only invested $250 but you made 400x returns, or something like that, there is something additionally wrong with your overall strategy.   
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Imagine if some bitcoiner fell into a coma right after
it cracked 5k last year and just now woke up.
he'd be like...
$6300.. wow! bitcoin up over a $grand in less than a year!!! wooo-hooo!!!


Nonsense. If I ever fall into coma and wake back I would be fully expecting Bitcoin to be well over $100K. Otherwise I would be very disappointed and just fall into coma again until the next halving.

... Yes, I am such a deluded fool.

And I am getting a bit annoyed considering there are only few months left before we can't use the "less than a year ago" price reference anymore and we are forced to resort to longer time frames for positive result.

Using longer than a year time frames is o.k.

Recall that the last price rise from $250 to $19,666 took about two years, and it took about 3 years (from January 2014 to January 2017) to go back above $1,000 after it had gone above $1,000 the first couple of times in late 2013 and in early 2014.

I am still not convinced that currently we are in a 2014/2015 scenario, rather than a early 2013 scenario... but even if we are in the longer drawn out scenario, such scenario is not really that bad (in our current circumstances), and even if we have to wait for some where between 2020 to 2022 to get some really decent upwards bitcoin price action, we should be able to HODL and BUYDL through those next 2-4 years.. and that seems to be the worser of the scenarios.. with decently likelihood that bitcoin's bull performance is going to come sooner than 2020.. and at least enough (into the 5 digit $10ks and above) to put us 60% or more price appreciation from our current price.

Of course, I don't know anything for sure, but the bullish case and BTC fundamentals do seem quite strong, even if the price is not currently seeming to follow such fundamentals.
sr. member
Activity: 392
Merit: 254
I'm pretty sure Nick Szabo was at least 1/3 of Satoshi.

2/3 dead is dead enough for me.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Carolina       or      bust
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
I'm pretty sure Nick Szabo was at least 1/3 of Satoshi.
sr. member
Activity: 392
Merit: 254
Whatever you think about whether or not Satoshi should be considered as authoritative

I believe Satoshi died with Dave Kleiman and Hal Finney. I don't know what Satoshi writings could possibly be considered authoritative.


I somehow expected better from you.

Fair enough. I'll try to up my game. Undecided
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight

No. Kind of stupid though.

Though I feel my reply to HairyMacLairy may have been too subtle. HML's statements were either ignorance under pretext of authority, or outright lies. I'm hoping for the first. And that HML will learn the truth from my reply.

Whatever you think about whether or not Satoshi should be considered as authoritative, quite clearly he intended that not all would mine, and that ASICs would be employed. Whether or not intentional, HML's statements were demonstrably false.

Quite frankly, your conflating of a religious mandate to correction of fact just marks you as an unthinking troll provocateur. I somehow expected better from you.
copper member
Activity: 2898
Merit: 1465
Clueless!
Fuck all our luck. Carolina or bust.


Carolina may be a frigging tease......( I wish BTC to be a wanton slutty money grubbing...whoxxx OK you get my drift)

I mean if we are gonna play 'gold digger' ....well lets take the gloves off baby....
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