Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16839. (Read 26711647 times)

I don't think ignorance is an argument.  Everyone knows szabo is most knowledge person in the space.  There is no other candidate. And this speaks perfectly to bitcoin cash: https://medium.com/@rextar4444/the-myth-of-bitcoin-cash-2-re-solving-nashian-and-szabonian-views-on-the-emergence-of-money-b3c83a5d019f

Szabo gave the founded economic reason as to how bitcoin could emerge as a money.  There is no other argument proposed and there is no such argument for bitcoin cash nor does szabo's argument give credibility to bitcoin cash.

So you literally have hand waved all of the reason and all of the economic foundation for every aspect literally because it doesn't support your conclusion which is not actually based on any accepted economic principles.  You even changed the definitions of words .  You have said bitcoin can't work and yet reality shows it does and you have said gold is superior and reality shows its not.  

You have shown there is no reason to use bitcoin over gold or silver which is a laughable statement.  

You are literally denying reality and running into a forum which you have no intention of contributing to or gaining from asserting your contrasting faith.

Twice he makes a point to mention it was him that introduced her to Bitcoin. It starts raining and Roger thinks he's the go-to expert because he was the first person to get wet. He's a smug twonk.

He also seems to lie a lot. See here and here for examples.

The people who claim Szabo is Satoshi are the real joke, because of his actions being willing to work on the R3 banker scam Ethereum, it would also mean that if he's Satoshi then bitcoin would also probably have been released as a govt/banker backed scam (aka how to make a mint).

Did coinbase turn over the records that the IRS demanded in its subpoena?

Yes we have already established you don't understand the purpose of central banking and so you fear it.  But you will get no reasonable person to admit that Szabo is irrelevant.

Logically one would think such things like less coins available overall would increase the bitcoin price. But then I look at the Bitfinex hack. ~110K less coins on the market almost overnight, and yet that didn't seem to really affect the market price much at the time.

Did Btc-e allow shorting? I don't really know much about that exchange at all.

"If Bitstamp chooses to list BCC, we would decide at our own discretion on what course of action to take with balances deriving from the hard fork."

The rest of the email doesn't mention anything about what happens when they choose to not list the BCC. 

So, this looks that Bitstamp will just keep all the new BCC for themselves.  How many BTC does Bitstamp hold?

My analysis of bitcoin prices after 1 August will be weakened due to money laundering cases conducted by Btce admin. But of course this will happen interesting pull because japan and china are buying bitcoin. That's why now bitcoin is still stable at $2700.

If he was a credible person before, he's not anymore after working on an R3 banker backed IPO scamcoin called Ethereum so you can stop pretending he's god now.  You're from India where people worship authority figures and the state, so it's kind of obvious how your behavior is playing out where you constantly feel the need to cite some authority figure as the word of god without being able to put 2+2 together yourself.

BTC-e laundered the coins first and then they were free to be sold elsewhere.

As an actual market maker it's never been all that. Once you have a pile of clean coins they can be fed into wherever else.

Good theory, but how big was btc-e, apparently we shrug off btc-e quite easily.

I have a funner theory, karples and ver used btc-e to launder their stolen gox coins and now the feds are bargaining with the btc e guy for a glimmer of freedom in order to make a case versus ver.  Ver is visibly disturbed because he's slowly realizing his attempts to fork to keep the transactions low so he can wash his coins is not going to work and hes even more slowly realizing that hes getting a knock on his door soon because the prisoners dilemma is too complex to prevent individual defection.

That everyone needs to move their coins is bringing awareness to his transactions.  

the feds just audited coinbase and froze more stolen gox coins but no one will hear of this because operations have no resumed a normal.

I did have a theory on something that could push the price up a lot over time.

There was something like 600k bitcoins stolen from MtGox which apparently was flowing through btc-e being sold off over the years. btc-e has always had a lower price which may have kept the price low over the years. Now that the admins are on the run and they do not have btc-e to sell their coins they have stopped that flow of large amounts of bitcoins onto the market. Without this downward pressure, who knows how high the price will go.

This is just a well promoted alt coin.

wow, I only now got around to watching that

Bitcoin Jesus has lost it

He (the borrower) has your money, with all risks involved, he should get BCC, BCH.
Hurts me, but this is the way it should be . . .

Yeah.  At first I thought that the Coinbase decision was the right one, but later, I see that other exchanges came out with better policies, such as Bitfinex.  So, yeah, it is too bad that there is some of this additional instability. 

Seems to me that it would be better if Coinbase would reverse its position in some significant way that at least allows for some possible future splitting.  I understand that Gemini's position is not much better than Coinbase, but they did leave their position a bit more open to the possibility of future splitting, if the bitcoin cash chain has value in the future.. So, yeah, ongoing turmoil based on inconsistent treatments of the matter.  and then likely going to be additional volatility caused by some of the changes in the amount of coins that remain on various exchanges.

I am not sure about what you are talking about.  Even though Roger seems to becoming increasingly more passionate and increasingly more insane about this whole issue, even the girl seems to have difficulties figuring out how to keep him calm.  You know sometimes folks with bad English (maybe asians especially) will say things that inflame the person rather than being more subtle about it.  So the girl says something to the effect to roger.. "why don't you try to keep your emotions down a bit?"  And, she is nervous about saying it, and Roger cannot help but to specifically respond in an emotional way to her way of saying it - and I am sure Roger is getting a lot of that "calm down" suggestions, but it just makes him more emotional and defensive.

So this whole 2mb bullshit continues to be batted around as if it is some kind of meaningful and necessary direction - as if it is going to satisfy the bigblocker nutjobs, like roger.  He continues to act as if he has some kind of knowledgeable technical understanding that 2mb would resolve matters, and everyone opposed to 2mb is just buying into small blocker propaganda and does not understand technicalities. 

The fact of the matter, with bitcoin, is that we have to cross one bridge at a time, and the first bridge is getting segwit locked in and then activated and then seeing how that plays out, and the other fact of the matter is that once it seems quite likely that once segwit is employed then there becomes even less likelihood that any kind of blocksize increase is going to be necessary.. so the argument about a necessity to increase the blockchain becomes weaker and weaker and weaker and that is why they are planning to hardfork now rather than later.. and to take advantage of confusion and hypothetical and likely at some point going to resume spam attacks on the bitcoin blockchain, and I am not sure if segwit is going to help to battle spam attacks ( I hope so)...

Why can't tomorrow be Aug. 1st so we can get past all this "Coin split! BCC! Aug. 1st! OMG!! AGHHH!" sky is falling FUD garbage.

Ugh.... one more fkn day... can't wait for it to be over so we can move on.

Yeah.  I had read that Bitfinex statement about lenders.   Maybe it is just me, but I remain a bit unclear regarding how bitfinex treats borrowers of BTC?  They are paying back only BTC, and the lenders get the BCH from the transaction? That seems a bit strange;  however, maybe it is possible that Bitfinex considers that borrowers are more in control of their loans (as compared with lenders) because borrowers can chose to close the position; however, lenders cannot close a position, once it is taken - although they can choose to discontinue offering loans or cancel the loans before someone takes the loan... so yeah, lenders are locked in and borrowers are not..

So, if bitfinex is going to treat the matter of only crediting the lender, then borrowers should have a decent sized incentive to close all of their loans before the hardfork or otherwise they will likely lose any value that any BCC might have, if any.. hahahaha

My more layman's consideration of the matter, it seems to me that it would be most fair (even though a bit more complicated to calculate) to cause splitting (and credit) of BTC/BCH on both sides of the loan - whether we are talking about bitfinex or poloniex - however, the poloniex matter of crediting only the borrower seems to be worse situation and causing extremely disproportionate interest rates for borrowing BTC on their platform.