Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14944. (Read 26716229 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Even the Weiss rating bullshit from today kind of demonstrates that either smart people do not understand bitcoin or they are purposefully engaging in misleading behavior...

How the fuck do they give Ethereum a B and bitcoin a C+ and Dogecoin a C...   Makes little sense, except that they are making shit up, and in the end, the fact that some of us can see through the bullshit, we are going to continue to invest in bitcoin and we will profit from such ongoing better than others insight.  In other words, some folks are going to get mislead by the bullshit that ended up coming out of the supposedly objective and professional Weiss rating system.
Calling this little piss ant ratings corporation smart people is beneath you JJG. Market makers and big money sent way more qualified(and discrete) individuals out to check out bitcoin long ago. Any claim by these people is suspect imo. I mean for crying out loud these are the same pond scum that caused the recession. While not exact its of the same tainted lineage.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis


The fact of the matter that bitcoin is getting a grade at all..let alone a C+ is absolutely amazing as far as I am concerned. I mean..think about it..this is the coin associated with mtGox..SR...numerous hacks ect ect.


What do you know about this "piss ant ratings corporation"?  Nothing, I would judge from your comments.  Say what you want, but Weiss and his father were pretty much the only honest ratings company to pick apart bank financials for years and years.  To top it off, you link to a wikipedia posting that has nothing to do with Weiss Ratings and instead focuses on the big-boy, for profit and ongoing business relationships, rating agencies, i.e., S&P, Fitch, Moody's.

If you want take shots at Weiss, quote from their analysis and point out why you think they are dead wrong.  Weiss ratings did not 'cause the recession' and they are definitely not part of the "tainted lineage" of ratings agencies that you refer to.


Even if Toxic was a bit wrong about the scope of his criticism of Weiss and his use of inadequate supporting materials, he still makes a valid point that it should be pretty fucking clear that Weiss don't know shit about what makes blockchain valuable based on their ratings of B to Ethereum, C+ to Bitcoin and C to Dogecoin.  Evidence enough.  Tongue
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
hero member
Activity: 750
Merit: 601
I may have called these Weiss raters "experts" but surely I could have placed quotes around such a designation because I was only referring to them as "experts" in the traditional financial markets sense, and not really conceding that they are true experts, especially in terms of what they would consider to be valuable in a blockchain, and surely, they would not place much value upon decentralization, and that is truely what brings value to bitcoin above and beyond traditional systems and also beyond other cryptos who only feign decentralization rather than actually accomplishing such in any close proximity to bitcoin.

I think we are so used to see disclaimers suchs as "past performance is no guarantee of future performance" type statements we don't hold these people to high standards.
These Weiss raters are indirectly making predictions about what is going to happen, and these predictions are clearly testable.
But I don't see any evidence that any previous predictions were correct. (probably because they only just made up their system)
Until they can prove something like
"If you invested in our top X crypto currencies in the last year you would have made X% profit", then it's just meaningless noise.
Any of us could put together some rules, take a few photos of old men wearing suits on a professional website and then make some recommendations, but we shouldnt give it any weight unless it has been shown provably correct.

But I'm guessing from their currenct set of B rated cryptos, its highly likely that in a years time we aren't going to be giving them much respect.

full member
Activity: 305
Merit: 148
Theranos Coin - IoT + micro-blood arrays = Moon!
Even the Weiss rating bullshit from today kind of demonstrates that either smart people do not understand bitcoin or they are purposefully engaging in misleading behavior...

How the fuck do they give Ethereum a B and bitcoin a C+ and Dogecoin a C...   Makes little sense, except that they are making shit up, and in the end, the fact that some of us can see through the bullshit, we are going to continue to invest in bitcoin and we will profit from such ongoing better than others insight.  In other words, some folks are going to get mislead by the bullshit that ended up coming out of the supposedly objective and professional Weiss rating system.
Calling this little piss ant ratings corporation smart people is beneath you JJG. Market makers and big money sent way more qualified(and discrete) individuals out to check out bitcoin long ago. Any claim by these people is suspect imo. I mean for crying out loud these are the same pond scum that caused the recession. While not exact its of the same tainted lineage.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis


The fact of the matter that bitcoin is getting a grade at all..let alone a C+ is absolutely amazing as far as I am concerned. I mean..think about it..this is the coin associated with mtGox..SR...numerous hacks ect ect.


What do you know about this "piss ant ratings corporation"?  Nothing, I would judge from your comments.  Say what you want, but Weiss and his father were pretty much the only honest ratings company to pick apart bank financials for years and years.  To top it off, you link to a wikipedia posting that has nothing to do with Weiss Ratings and instead focuses on the big-boy, for profit and ongoing business relationships, rating agencies, i.e., S&P, Fitch, Moody's.

If you want take shots at Weiss, quote from their analysis and point out why you think they are dead wrong.  Weiss ratings did not 'cause the recession' and they are definitely not part of the "tainted lineage" of ratings agencies that you refer to.
hero member
Activity: 1022
Merit: 725
Are we slowly returning to the moon? Grin

Merit ???what is this Roll Eyes


btc is an old man; give him time, let it go. (him).

As I said : fuck off others, it will die as it die thousand times, i'm tired with that.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I would like to announce the launch of my amazing new platform Meritconnect.

Send your merits to me and I will send you back your merits plus one in 30 days.

Exclusive ground floor referral positions available now!  First come first serve!

Don't miss out on this exciting opportunity to earn merits every day!

I want in on the ground floor.  Can I have my referral code please?

What a great community.
hero member
Activity: 1022
Merit: 725
indeed... Just see cycle. and you'll consider me as like a seer ;)

2018 will be fun.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
We talk about the old king there, not alt. So..

(..)
Don't miss out on this exciting opportunity to earn merits every day!

Fuck off. You get it ?

He's just mad about how many merits I'm getting...he's mad bruh
legendary
Activity: 952
Merit: 1001
Are we slowly returning to the moon? Grin

Merit ???what is this Roll Eyes
hero member
Activity: 1022
Merit: 725
We talk about the old king there, not alt. So..

(..)
Don't miss out on this exciting opportunity to earn merits every day!

Fuck off. You get it ?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
I would like to announce the launch of my amazing new platform Meritconnect.

Send your merits to me and I will send you back your merits plus one in 30 days.

Exclusive ground floor referral positions available now!  First come first serve!

Don't miss out on this exciting opportunity to earn merits every day!
hero member
Activity: 1022
Merit: 725
sell your btc.. you know btc is dead, as always.. i'm not tired anymore to read it, just plain of life. I 'll buy your fucking old btc.
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
this is horrible

this is going to turn us all into merit whores

I wish I could help. I just tested my spendable merit... and now I have zero Sad

I just gave you a merit point, so let's see if one more person could give you a merit point, then probably, you should have one spendable merit point from the combination of the two merit points.

I gave you 2 merit points.  I hereby declare this a merit Ponzi scheme.

I reciprocated, but I was hoping that someone would give a merit point to Biro Bob, so we could call it teamwork.

I staked 4 merit points with Biro Bob.  Do you think I can trust him?  

You are a very generous fuck, Hairy...   So, if Biro Bob got 5 merit points from the two of us, then he would have 2 spendable merits and half left over, but if he receives one more merit point, then he will have 3 spendable merit points (as long as he does not spend them too soon).  You are correct, there could be some ponzi feeling to this, but sooner or later guys and girl are going to be running out of spendable merits, seems like.. unless they happen to be designated as a "source"?
member
Activity: 82
Merit: 26
,
I gave you 2 merit points.  I hereby declare this a merit Ponzi scheme.

JJG is a merit source, so maybe he'll be able to pay you 1% daily interest on that merit.  Smiley (But seriously, don't actually...)
legendary
Activity: 1834
Merit: 4197
I staked 4 merit points with Biro Bob.  Do you think I can trust him?   

I would insist on escrow.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
this is horrible

this is going to turn us all into merit whores

I wish I could help. I just tested my spendable merit... and now I have zero Sad

I just gave you a merit point, so let's see if one more person could give you a merit point, then probably, you should have one spendable merit point from the combination of the two merit points.

I gave you 2 merit points.  I hereby declare this a merit Ponzi scheme.

I reciprocated, but I was hoping that someone would give a merit point to Biro Bob, so we could call it teamwork.

I staked 4 merit points with Biro Bob.  Do you think I can trust him?   
legendary
Activity: 1834
Merit: 4197
this is horrible

this is going to turn us all into merit whores

I wish I could help. I just tested my spendable merit... and now I have zero Sad

I just gave you a merit point, so let's see if one more person could give you a merit point, then probably, you should have one spendable merit point from the combination of the two merit points.

I gave you 2 merit points.  I hereby declare this a merit Ponzi scheme.

I reciprocated, but I was hoping that someone would give a merit point to Biro Bob, so we could call it teamwork.

lol..you guys are really good.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
this is horrible

this is going to turn us all into merit whores

I wish I could help. I just tested my spendable merit... and now I have zero Sad

I just gave you a merit point, so let's see if one more person could give you a merit point, then probably, you should have one spendable merit point from the combination of the two merit points.

I gave you 2 merit points.  I hereby declare this a merit Ponzi scheme.

I reciprocated, but I was hoping that someone would give a merit point to Biro Bob, so we could call it teamwork.
legendary
Activity: 3620
Merit: 4813
I love those 10 cent 50 cent tx fees, all confirmed within 10 a 30 min  Cool
Jump to: