Ouch I see shorts are almost back to 20k
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22354. (Read 26609871 times)
March 21, 2015, 10:30:17 AM
March 21, 2015, 10:27:23 AM
Some choose to not believe anything that anyone says.
And what do you say?
(you gotta be highly suspicious of the group that shout the loudest, especially if they are pretending to be do-gooders out to "help and inform you" they claim they are not effected in anyway, but just on a mission to convince you of their truth. Empires have always claimed to be bringing civilisation to the savages, for their own betterment of course)
TL/DR Trust NO ONE
This involves the danger of being isolated and -believe me- this won't help you evolve (not personally speaking). A group of "not so trusted" people are much better than a "trusted" one when it comes to progress. Besides, all the great achievements are based on a "quantum leap of faith". Yes, there's the danger of you getting burned by your "entrusted" ones, but imho, it worths the risk.
You can take on information without 100% trusting what any outside source TELLS (or invites) you to believe.
Then you have the best of all worlds.
I totally agree, it's just been a lot of bear grumbling here today so I thought perhaps you had something to add.
Although I see some of the signs of this going to smack to the ground, there are things that makes me feel like we are being played here.
If you look at the movement (http://bfxdata.com/combined/btc.php) from 20.00 to 24.00 on the 19th of March, which is followed by dead silence, that looks... And the sentiment at the time from everyone who is dead sure now was "WTF???", which tells me we might be staring at a trap, hopefully for bears.
Then again, I really want this thing to go through the roof so I am quite biased.
March 21, 2015, 10:25:53 AM
Seals with Clubs back in operation. More demand for BTC by gamblers.
http://btcfeed.net/reviews/swc-poker-back-and-better-than-ever/
http://btcfeed.net/reviews/swc-poker-back-and-better-than-ever/
March 21, 2015, 10:00:59 AM
Some choose to not believe anything that anyone says.
And what do you say?
(you gotta be highly suspicious of the group that shout the loudest, especially if they are pretending to be do-gooders out to "help and inform you" they claim they are not effected in anyway, but just on a mission to convince you of their truth. Empires have always claimed to be bringing civilisation to the savages, for their own betterment of course)
TL/DR Trust NO ONE
This involves the danger of being isolated and -believe me- this won't help you evolve (not personally speaking). A group of "not so trusted" people are much better than a "trusted" one when it comes to progress. Besides, all the great achievements are based on a "quantum leap of faith". Yes, there's the danger of you getting burned by your "entrusted" ones, but imho, it worths the risk.
You can take on information without 100% trusting what any outside source TELLS (or invites) you to believe.
Then you have the best of all worlds.
March 21, 2015, 09:58:57 AM
March 21, 2015, 09:51:14 AM
Some choose to not believe anything that anyone says.
And what do you say?
(you gotta be highly suspicious of the group that shout the loudest, especially if they are pretending to be do-gooders out to "help and inform you" they claim they are not effected in anyway, but just on a mission to convince you of their truth. Empires have always claimed to be bringing civilisation to the savages, for their own betterment of course)
TL/DR Trust NO ONE
This involves the danger of being isolated and -believe me- this won't help you evolve (not personally speaking). A group of "not so trusted" people are much better than a "trusted" one when it comes to progress. Besides, all the great achievements are based on a "quantum leap of faith". Yes, there's the danger of you getting burned by your "entrusted" ones, but imho, it worths the risk.
March 21, 2015, 09:45:49 AM
Some choose to not believe anything that anyone says.
And what do you say?
(you gotta be highly suspicious of the group that shout the loudest, especially if they are pretending to be do-gooders out to "help and inform you" they claim they are not effected in anyway, but just on a mission to convince you of their truth. Empires have always claimed to be bringing civilisation to the savages, for their own betterment of course)
TL/DR Trust NO ONE
March 21, 2015, 09:44:26 AM
Some choose to not believe anything that anyone says.
And what do you say?
March 21, 2015, 09:37:46 AM
Some choose to not believe anything that anyone says.
March 21, 2015, 09:34:23 AM
who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?
As long as large groups can be easily influenced by the media, smaller groups.
how small?
March 21, 2015, 09:21:18 AM
who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?
As long as large groups can be easily influenced by the media, smaller groups. 
March 21, 2015, 09:10:33 AM
who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?
As long as large groups can be easily influenced by the media, smaller groups.
March 21, 2015, 09:10:24 AM
who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?
everybody knows the answer is the smaller group
March 21, 2015, 09:09:08 AM
who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?
Depends on a whole bunch of stuff, I suppose
March 21, 2015, 09:03:21 AM
who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?
March 21, 2015, 09:02:03 AM
I'm not sure if anyone posted this yet:
https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/
Do the Swiss know more than the rest, or are the others just dumb?
Code:
Credit Suisse Publishes Paper on Bitcoin: Explores Integration with Traditional Financial System
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech,
often with a surprisingly positive and open-minded attitude.
In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could
reshape the financial industry and called for further research to devise a system that could use distributed
ledger technology without compromising a central bank’s ability to control its currency.
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech,
often with a surprisingly positive and open-minded attitude.
In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could
reshape the financial industry and called for further research to devise a system that could use distributed
ledger technology without compromising a central bank’s ability to control its currency.
https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/
Do the Swiss know more than the rest, or are the others just dumb?
“Who do you trust more, your own central bank or an anonymous online network?” asks the author.
conclusion, everyone is just dumb
In b4 they smarten up
March 21, 2015, 08:58:56 AM
March 21, 2015, 08:54:13 AM
I'm not sure if anyone posted this yet:
https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/
Do the Swiss know more than the rest, or are the others just dumb?
Code:
Credit Suisse Publishes Paper on Bitcoin: Explores Integration with Traditional Financial System
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech,
often with a surprisingly positive and open-minded attitude.
In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could
reshape the financial industry and called for further research to devise a system that could use distributed
ledger technology without compromising a central bank’s ability to control its currency.
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech,
often with a surprisingly positive and open-minded attitude.
In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could
reshape the financial industry and called for further research to devise a system that could use distributed
ledger technology without compromising a central bank’s ability to control its currency.
https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/
Do the Swiss know more than the rest, or are the others just dumb?
“Who do you trust more, your own central bank or an anonymous online network?” asks the author.
March 21, 2015, 08:48:54 AM
I'm not sure if anyone posted this yet:
https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/
Do the Swiss know more than the rest, or are the others just dumb?
Code:
Credit Suisse Publishes Paper on Bitcoin: Explores Integration with Traditional Financial System
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech,
often with a surprisingly positive and open-minded attitude.
In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could
reshape the financial industry and called for further research to devise a system that could use distributed
ledger technology without compromising a central bank’s ability to control its currency.
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech,
often with a surprisingly positive and open-minded attitude.
In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could
reshape the financial industry and called for further research to devise a system that could use distributed
ledger technology without compromising a central bank’s ability to control its currency.
https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/
Do the Swiss know more than the rest, or are the others just dumb?
March 21, 2015, 08:47:18 AM
I'm curious to see what claim he will say counts as evidence/proof of what he said to be true.
Most of what he says in response can be summed up to "hard fork here, hard fork there, poof! Magic!", so I guess I should stop.
Most of what he says in response can be summed up to "hard fork here, hard fork there, poof! Magic!", so I guess I should stop.
No, what I said is "do a trivial hard fork, then follow the protocol". And explained what happens. Did you even try to understand that?
Once more, that is what Gavin did to fix the OP_MUL bug years ago. That fork actually created a clone of every bitcoin that existed at the point of the fork, that was (AFAIK) dozens of blocks earlier than the most current block at the time. On that occasion, everybody agreed that the old protocol was broken and the current blockchain was messed up beyond repair, so everybody started mining and using Gavin's new coins on the new blockchain, and stopped extending the old blockchain; which made the original bitcoins worthless, and everybody agreed that the new bitcoins were the true ones.
(By the way, the old branch, with all the old bitcoins plus the gazillion BTC TXO, must still exist on someone's hard drive. Someone could start mining it again, just for fun. On that "true true blockchain", something like ~2^64 satoshis have already been created, well beyond the intended ~2^51 limit. But the old pre-fork software may need a few tweaks in order to swallow that...
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