Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14500.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: HairyMaclairy on February 19, 2018, 07:05:09 PM

Quote from: explorer on February 19, 2018, 07:02:08 PM

Quote from: HairyMaclairy on February 19, 2018, 06:19:51 PM

Quote from: bitserve on February 19, 2018, 06:18:35 PM

Quote from: HairyMaclairy on February 19, 2018, 06:15:23 PM

Quote from: Last of the V8s on February 19, 2018, 05:53:12 PM

Quote from: HairyMaclairy on February 19, 2018, 05:31:46 PM

Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.

But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.

Do you mean all the ICO's and erc20 stuff from basically 2017?

Yes.

The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US.

Problem is that even if they wanted to meant those tokens to be shares that would make the SEC involved. So, currently, those just useless tokens with no representation of ownership.

The SEC will be involved and will bless it. It will all be fully legit.

Blockchain makes it impossible to rehypothecate (hmm, not quite the right term, but best I can come up with ATM), so it will not be embraced for equities until it is forced on them. Ever tried to get a certificate for a stock you 'own'? Since the broker sold it to 50 different people (number out of my ass) and never bought it in the first place, it is next to impossible. But very, very profitable! If I can make time for it, I'll try to dig up some of the articles on it. Horrifying and fascinating at the same time...

Blockchain will be used for settlement not trading. So if you allow your cryptoshares to stay in your brokers’ account they may be lent without your permission. Not your keys etc.

Brokers (not exchanges) are most at threat of disruption. At least until decentralized exchanges stop being a shit show. Then the revolution really kicks in and exchanges go the way of the dodo too.

Just for clarification. You're saying that classic exchanges will go the way of the dodo, not decentralized ones, right?

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: HairyMaclairy on February 19, 2018, 07:02:30 PM

Quote from: JayJuanGee on February 19, 2018, 06:59:35 PM

Quote from: HairyMaclairy on February 19, 2018, 02:27:06 PM

JJG: we can talk about it later after the kids have gone to bed.

At the time of my post, I was having a brain fart (regarding EDA), and largely it was due to my not giving much of a ratt's ass about Bcash - but I figured it out after I saw it used in another post by another member who shall not be named.

Just for others EDA = Emergency Difficulty Adjustment - which was not just a one time thing in Bcash, and it ended up in some kind of stupid-ass hardfork in Bcash in November 2017 to make further adjustments.. some of which was described in this October 31, 2017 article.

More importantly it allowed the Bcash team to premine Bcash under everyone’s noses. The Bcash team likes to pretend this was an accident but they modeled it very carefully and the algorithm worked exactly as intended.

Well we also know that the whole fucking Bcash thingie-ma-jiggie was a scam on several levels and a continued attack vector on bitcoin and provided an opportunity to perpetuate ASIC's boost based on insider access to the ASIC's boost technology, and remains somewhat questionable why anyone would go along with their being used to support bcash in any kind of way - but surely there could have been some neutral miners that were able to time some in and out profitable plays... but yeah, ultimately scamming on a variety of levels that also likely includes misleading newbies into NOT being able to differentiate snake oil from the real deal.

Vin

legendary

Activity: 1166

Merit: 1015

Attac!

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: explorer on February 19, 2018, 07:02:08 PM

Quote from: HairyMaclairy on February 19, 2018, 06:19:51 PM

Quote from: bitserve on February 19, 2018, 06:18:35 PM

Quote from: HairyMaclairy on February 19, 2018, 06:15:23 PM

Quote from: Last of the V8s on February 19, 2018, 05:53:12 PM

Quote from: HairyMaclairy on February 19, 2018, 05:31:46 PM

Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.

But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.

Do you mean all the ICO's and erc20 stuff from basically 2017?

Yes.

The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US.

Problem is that even if they wanted to meant those tokens to be shares that would make the SEC involved. So, currently, those just useless tokens with no representation of ownership.

The SEC will be involved and will bless it. It will all be fully legit.

Blockchain makes it impossible to rehypothecate (hmm, not quite the right term, but best I can come up with ATM), so it will not be embraced for equities until it is forced on them. Ever tried to get a certificate for a stock you 'own'? Since the broker sold it to 50 different people (number out of my ass) and never bought it in the first place, it is next to impossible. But very, very profitable! If I can make time for it, I'll try to dig up some of the articles on it. Horrifying and fascinating at the same time...

Blockchain will be used for settlement not trading. So if you allow your cryptoshares to stay in your brokers’ account they may be lent without your permission. Not your keys etc.

Brokers (not exchanges) are most at threat of disruption. At least until decentralized exchanges stop being a shit show. Then the revolution really kicks in and exchanges go the way of the dodo too.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: JayJuanGee on February 19, 2018, 06:59:35 PM

Quote from: HairyMaclairy on February 19, 2018, 02:27:06 PM

JJG: we can talk about it later after the kids have gone to bed.

At the time of my post, I was having a brain fart (regarding EDA), and largely it was due to my not giving much of a ratt's ass about Bcash - but I figured it out after I saw it used in another post by another member who shall not be named.

Just for others EDA = Emergency Difficulty Adjustment - which was not just a one time thing in Bcash, and it ended up in some kind of stupid-ass hardfork in Bcash in November 2017 to make further adjustments.. some of which was described in this October 31, 2017 article.

More importantly it allowed the Bcash team to premine Bcash under everyone’s noses. The Bcash team likes to pretend this was an accident but they modeled it very carefully and the algorithm worked exactly as intended.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: HairyMaclairy on February 19, 2018, 06:19:51 PM

Quote from: bitserve on February 19, 2018, 06:18:35 PM

Quote from: HairyMaclairy on February 19, 2018, 06:15:23 PM

Quote from: Last of the V8s on February 19, 2018, 05:53:12 PM

Quote from: HairyMaclairy on February 19, 2018, 05:31:46 PM

Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.

But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.

Do you mean all the ICO's and erc20 stuff from basically 2017?

Yes.

The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US.

Problem is that even if they wanted to meant those tokens to be shares that would make the SEC involved. So, currently, those just useless tokens with no representation of ownership.

The SEC will be involved and will bless it. It will all be fully legit.

Blockchain makes it impossible to rehypothecate (hmm, not quite the right term, but best I can come up with ATM), so it will not be embraced for equities until it is forced on them. Ever tried to get a certificate for a stock you 'own'? Since the broker sold it to 50 different people (number out of my ass) and never bought it in the first place, it is next to impossible. But very, very profitable! If I can make time for it, I'll try to dig up some of the articles on it. Horrifying and fascinating at the same time...

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: HairyMaclairy on February 19, 2018, 02:27:06 PM

JJG: we can talk about it later after the kids have gone to bed.

At the time of my earlier post, I was having a brain fart (regarding whatever the fuck EDA was referring to), and largely it was due to my not having had given much of a ratt's ass about Bcash (and maybe trying to put some of the history of it behind my thinking) - but I figured out what was EDA after I saw it used in another context in another post by a member who shall remain unnamed (Edit: and later in the thread such other not to be named member specifically answered dee question - a shill but ended up being a helpful one - not that I am going to agree now).

Just for others EDA = Emergency Difficulty Adjustment - which was not just a one time thing in Bcash, and it ended up in some kind of stupid-ass hardfork in Bcash in November 2017 to make further adjustments.. some of which was described in this October 31, 2017 article.

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Quote from: bitserve on February 19, 2018, 06:48:36 PM

Talking about Judas... Didn't he sell Jesus for thirty pieces of SILVER? #randomthought

Thirty pieces of silver is almost worthless nowadays #justanotherrandomtought

I'm not even religious but Jesus would beat the shit out of you cucks. No, there is no 'fixing' it. Shitcoin has built-in rent seeking middlemen. It will always be usurious in nature. The fact that it's not fungible while transaction validators are designed to centralize also makes it a nightmarish, Orwellian, permissioned ledger to boot.

#thegoyimknow

#physicalsilverovergarbagebitcoin

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: JayJuanGee on February 19, 2018, 06:43:55 PM

Quote from: Toxic2040 on February 19, 2018, 02:21:15 PM

Quote from: JayJuanGee on February 19, 2018, 01:38:34 PM

Many many words...

+10 WOsMerits Kiss

Somewhere back we where having a delightful conversation...its buried and half forgotten.
*Hugs* ....moving forward.

Ditto...

It's like nothing happened, until we get into another BIG HUGE fight, and then at that time, any kind of historical (or hysterical) remnant, whether true or not, will become fair ammunition.

Projecting our future:

Stap. You're supposed to hate each other for having differences in opinion. Have you learned nothing from politics?

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Talking about Judas... Didn't he sell Jesus for thirty pieces of SILVER? #randomthought

Thirty pieces of silver is almost worthless nowadays #justanotherrandomtought

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Toxic2040 on February 19, 2018, 02:21:15 PM

Quote from: JayJuanGee on February 19, 2018, 01:38:34 PM

Many many words...

+10 WOsMerits Kiss

Somewhere back we where having a delightful conversation...its buried and half forgotten.
*Hugs* ....moving forward.

Ditto...

It's like nothing happened, until we get into another BIG HUGE fight, and then at that time, any kind of historical (or hysterical) remnant, whether true or not, will become fair ammunition.

Projecting our future:

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Quote from: Ibian on February 19, 2018, 06:41:01 PM

Get over the rage roach. Nobody likes incoherent assholes. Work on solutions. And basic human socializing.

Lol? You want to sell out humanity for a few pennies by promoting the non-fungible, cashless society slave system and then whine about me pointing it out? Fuck off, Judas. There is no need to "work on solutions". The solution is already here for the last several billion years provided by nature: physical metals as money - the only thing that actually removes middlemen and counterparty risk, unlike bitcoin with it's built-in rent seeking middlemen and non-fungible permisioned ledger state.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: BTCMILLIONAIRE on February 19, 2018, 06:38:19 PM

Quote from: Last of the V8s on February 19, 2018, 06:33:54 PM

Quote from: rolling on February 19, 2018, 06:30:27 PM

It seems like every time one of the US regulatory bodies gets an opportunity to talk about the crypto space, it is positive. It makes you wonder why they are so supportive?

Now, law enforcement is a different story. Individual officers are just trying to get awards and medals for arresting people. Whenever there is a gray area, there is an opportunity for an inventive law enforcement officer to make a move to better their career standing. That isn't necessarily in line with the government's desires.

Why is the US Government so supportive?

They're supportive of 'the crypto space', of 'blockchain' and other distractions, but they admit there's nothing they can do about bitcoin.

The ECB admitted this a while back already as well. I was expecting more of a fight. What else could they possibly (try to) do after essentially admitting that they are powerless?

Submit.

Ibian

legendary

Activity: 2268

Merit: 1278

Get over the rage roach. Nobody likes incoherent assholes. Work on solutions. And basic human socializing.

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Quote from: rolling on February 19, 2018, 06:30:27 PM

It seems like every time one of the US regulatory bodies gets an opportunity to talk about the crypto space, it is positive. It makes you wonder why they are so supportive?

Why is the US Government so supportive?

Because the Jews want to ban cash and put you in a non-fungible, cashless society slave system, duh. Ignore the propaganda from all the cucks in this thread like "last of the v8's" that want to sell their souls for a couple dollars of profit just like Judas and doom humanity to perma-Orwellian nightmare in the end. These people are the lowest of lifeforms that exist.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: Last of the V8s on February 19, 2018, 06:33:54 PM

Quote from: rolling on February 19, 2018, 06:30:27 PM

It seems like every time one of the US regulatory bodies gets an opportunity to talk about the crypto space, it is positive. It makes you wonder why they are so supportive?

Now, law enforcement is a different story. Individual officers are just trying to get awards and medals for arresting people. Whenever there is a gray area, there is an opportunity for an inventive law enforcement officer to make a move to better their career standing. That isn't necessarily in line with the government's desires.

Why is the US Government so supportive?

They're supportive of 'the crypto space', of 'blockchain' and other distractions, but they admit there's nothing they can do about bitcoin.

The ECB admitted this a while back already as well. I was expecting more of a fight. What else could they possibly (try to) do after essentially admitting that they are powerless?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: rolling on February 19, 2018, 06:30:27 PM

It seems like every time one of the US regulatory bodies gets an opportunity to talk about the crypto space, it is positive. It makes you wonder why they are so supportive?

Now, law enforcement is a different story. Individual officers are just trying to get awards and medals for arresting people. Whenever there is a gray area, there is an opportunity for an inventive law enforcement officer to make a move to better their career standing. That isn't necessarily in line with the government's desires.

Why is the US Government so supportive?

They're supportive of 'the crypto space', of 'blockchain' and other distractions, but they admit there's nothing they can do about bitcoin.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: jbreher on February 19, 2018, 02:20:57 PM

Quote from: HairyMaclairy on February 19, 2018, 02:11:42 PM

He is not here to learn, he is only here to troll.

Neither. I am here to illuminate my point of view.

If you could at least stay somewhat on topic, instead of pumping hostile and misinformed nonsense about an altcoin, then at least some of your views might be somewhat tolerable and even helpful to others rather than just a means to deceive with spin bullshit nonsense that has already been gone over a zillion times (maybe I am exaggerating a bit?) and no one except for noobs or the gullible seems to be persuaded by your phoney baloney except perhaps you, PeterR, Roger Ver, Jihan Wu, and a small number of irrelevant others - and even though you put on some good spin, probably you are not even dumb enough to believe that Bcrap. Roger dat?

rolling

hero member

Activity: 824

Merit: 712

It seems like every time one of the US regulatory bodies gets an opportunity to talk about the crypto space, it is positive. It makes you wonder why they are so supportive?

Now, law enforcement is a different story. Individual officers are just trying to get awards and medals for arresting people. Whenever there is a gray area, there is an opportunity for an inventive law enforcement officer to make a move to better their career standing. That isn't necessarily in line with the government's desires.

Why is the US Government so supportive?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: HairyMaclairy on February 19, 2018, 06:15:23 PM

Quote from: Last of the V8s on February 19, 2018, 05:53:12 PM

Quote from: HairyMaclairy on February 19, 2018, 05:31:46 PM

Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.

But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.

Do you mean all the ICO's and erc20 stuff from basically 2017?

Yes.

The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US.

The NYSE will be on a public blockchain, hopefully Bitcoin, within 10 years.

Oh good. They were hopeless

Yes I saw that as you kinda said earlier Gibraltar has already legislated for it.

I will take a contrarian view: that the NYSE and most other such staples of finance will have long ceased to exist by then. Disruption will be a frightening epic.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14500. (Read 26608315 times)