Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2079. (Read 26610427 times)

How 'bout them leafs? 

I wonder why you always put words in my mouth?  It's the second time now.
I never said I trust him...    why should I?  he seemingly was in bed with FTX

I'm talking about what he is doing with regards to shitcoins vs Bitcoin.. that's it

And apart from rejecting ETFs he has differentiated correctly between BTC and shitcoins to this date

my bags would love see an US ETF, but I doubt that he is the only one in charge for that decision..

https://coinmarketcap.com/headlines/news/texas-crypto-bill-exchanges-transparency/

you are trusting a career long politician to do something that is "good for bitcoin"?
think again...he will change his mind when he will destroy the rest...he would find something wrong with whatever in bitcoin too, you just wait.
Actually, even now, he suppresses bitcoin by NOT allowing bitcoin ETFs, clearly a repressive move that has not a single valid reason behind it.
With such "friends", I would look over my shoulder all the time.

Explanation

And I like chocolate and I like mint.  So win win win.

Oh some typical US polly bs.

https://www.yahoo.com/news/fears-banking-crisis-surged-members-114128107.html

"As Fears of Banking Crisis Surged, Members of Congress Sold Bank Shares"

They simply should not have a stock while in office.

Only I bonds nothing else while they serve us. ( Yeah right serve us)

FUCKING POLLYS

ONLY could find three of the eight they said did it.

2 D's
1 R's


Rep. Jared Moskowitz, D-Fla
Rep. Dan Goldman, D-N.Y.
Rep. Ro Khanna, D-Calif.

  eating is so much more psychedelic than smoking imo...

Blitzed the shit is strong.

Texas HOP passes bill requiring #Bitcoin exchanges to provide proof of reserves.



https://twitter.com/BitcoinNewsCom/status/1649129854216937474?s=19

EV mine Vs BTC Mine


https://twitter.com/WalkerAmerica/status/1649047858015010816?t=E1eCUhZQUa4L0mgBOKzLjw&s=19

Brits and their black humor....


https://twitter.com/cwt_news/status/1649091147883585536/photo/1

Explanation

#Bitcoin is everything there is divided by 21 Million.



Source Michael Saylor.

quo vadis, buddy ?

Explanation

that HI-TEC99 meme is prize worthy

mmh actually, that's not what I said.

Again, here is my quote: "I tend to think Gensler is good for Bitcoin and bad for shitcoins"
(I mean him, not the people behind him, or anyone else ...as it is now):

He knows very well the technical an monetary differences between Bitcoin and shitcoins.  I think you know how important that knowledge is in order to understand Bitcoins's decentralization, purity and the value thereof.  (check out his MIT lectures and you will see how deep his understanding is)

He has already declared Bitcoin a non-security. Which is good for Bitcoin.

When asked about different shitcoins, he always refers to the Howey-Test.  And it's obvious that almost any shitcoin will pass that test.
In result that is bad for these shitcoins




I learned it in high school, decades ago.  It was good life advice for me.


As I understand it, you try to draw a connection between Niemöller's saying and this Bitcoin/shitcoin/Gensler talk, no?

I might get you wrong, but do you wanna imply that Bitcoiners should speak out in favor of shitcoins, like mEth, in order to avoid being the next on the list who the state is coming for ?

If yes, primarily prepare for JJG's batslap    and secondarily I think it's a not so accurate comparison:

The Nazis came for their opponents...
but most shitcoins like mEth are no opponent for the fiat system, because they support exactly the same power structure, (power of the rich) by POS, pre-mine etc.

And.. if Bitcoin is seen as an enemy, it will be so, no matter if shitcoins exist or not.  It's not the same animal.

Also the Nazis came to put humans into camps or to kill them...
imo inadequate to compare that to regulators who come for illegal securities scams and try to get them registered in a way that any other non-scammy product has to take


However, anyone feel free to vocally support shitcoins in order to save Bitcoin from the state..
But I think that logic is flawed.
It makes only sense, if you are a shitcoiner and don't get the difference between Bitcoin and shitcoins... but even Gensler gets it, what brings me back to my OP



Edit:

maybe I got your writing wrong idk...

I think as for now Gensler stopped at shitcoins, because Bitcoin is no security.  And that is good for BTC.  
I don't know how he will act in the future.. maybe he will get pressured by "someone" to attack BTC as well... who knows ... I'll be watching

Explanation