Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7052. (Read 26710201 times)

lots of really smart IT guys dismissed bitcoin because they knew that nothing digital on the web would ever be safe. I once talked to an executive board member of the biggest German IT company SAP. He heard me mentioning bitcoin and he started to make fun of me, telling everyone his teenage son was into this crab. I told him he should stop laughing and start listening to his son.

Don't worry about a thing ''Cause every little thing gonna be alright''.

Confirmed (again).

You would think an MIT grad and subsequent computer simulations modeler would've understood Bitcoin back in 2013.

I'm no MIT grad and I got it almost immediately back then.

Hell within a few days of research, I completely understood how groundbreaking a breakthrough it was, and how it would fundamentally change the financial world.

that one is easy to answer:

https://decrypt.co/38604/microstrategy-ceo-predicted-the-death-of-bitcoin-years-ago

 

edit:
paashas, i hate you!

edit2:
paashas, that was a joke, please don't delete your post. you were faster and also used the original source. I apologize - it was really meant funny 

Damn you just described my directory structure I did in the early 90's. lol
I blame free agent.

I'm also struggling to understand how a company that only has 2400 employees and has an average yearly revenue (not net, revenue) of ~$486M can go and buy $425M of bitcoin. Having that much free cash reserve to do that does *not* add up for such a small company. Also, their stock price hasn't budged since the meltdown of 2000.

Pass.

That was a good interview.

Yeah, my thoughts exactly.

At one time you could have those coins for the price of 8 pizzas, and have a piece left for next morning...

Better late than never, though. Also applies to many of us, unfortunately.

 Guys!  I don't have an parental controls or even parental skills ffs.

 I can't even... Listen, from now on I'll hang a polka dot necktie on the knob of my post if I'm serious.

My only question is why did they wait this long? Why weren't they buying this amount of bitcoin at a fraction of today's price back in 2013? Surely they knew about it then, they are an IT company.

Delightful, Sway!  Posted after I wrote the below sort-of inside joke with Jay, as I was gathering other sundry replies:

I have a casino gambling script that is an EXTREME AUTOMATED PROFIT GENERATOR, if^[1] you can predict the outcome of bets only 2% better than random chance!

I offer to sell it to you for only 1.2 BTC.  PM me if you want to make money^[2] fast.





1. Focus on the IF!
2. For me.

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Interesting.  I myself measure my holdings in proportionate terms of total supply—both maximum and current.  I wonder how many people do that—probably not many.

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Elixxir (stupid cute spelling, yes) is now part of xx network, according to the porn-blocked website.

I would hope that Chaum learned something about the dangers of centralization from his prior experience.  Satoshi solved the problem that killed Chaum’s Digicash; whereas IMO, Bitcoin’s major flaw is its lack of anonymous, unlinkable transactions, which Digicash had a quarter-century ago and Chaum’s eCash design had in the 1970s.  (With information-theoretic unlinkability against a computationally unbounded attacker, which even the major “privacy coins” do not have!)  Thus my curiosity about this.  I have not yet reviewed it—this is not an endorsement.

unusual behavior, my security setting send all porn to my 1,700 tb raid 10 array and then AI tries to sort them into redheads, blonds, number of persons, how many are upside down and other such important parameters.

purely for convince its so hard to search that stuff nowadays.

Chaum did go way off the rails with his previous shitcoin, elixir or something. This would need to be whole rafts better, and it's low on my todo list.

JJG it was quicker and bigger than expected:
https://bitcointalksearch.org/topic/m.55198419

Regarding the math, my favourite is:

38,250/18,479,537.5=0.2069857%

More than 0.2% of total current supply!

Yes @BobLawblaw accurately don't go rush but definitely $11200 incoming next few days.

That’s a clbuttic wtf.  I somehow sense an argument against submitting oneself to braindead censorware made by code monkeys who couldn’t care less about actual effects, as long as they make you feel safe.

If you have teenagers in the house, they will anyway assuredly circumvent the block if they want to see porn.  The only block that will work is programming their brains to not desire porn.  That is not advocacy of anything in particular; it is simply an observation of a fact of life in the brilliant technocratic Utopia of the current year.  To attain an objective detachment from emotionally charged arguments, think of it like teaching your kids to cope with 24/7 immersive mass-media advertising and political propaganda.  You cannot protect them for life from ever being exposed to it—not even if you go full Amish, as I myself oftentimes wish that I could do...

Whereas your porn blocker is stopping you from viewing a gently caressing cryptocurrency website.  It would also try to stop your kids from learning about chromosome pairs of the female sex.  Fuck, did I say “sex” in the context of “XX”!?  Block me!  Block me hard!


I recall similar complaints about xxx.lanl.gov, the maths, physics, and computer science research open archive now known as Arxiv.  The xxx.lanl.gov administrator replied by suggesting that anti-nuclear activists should also block “lanl”, and anti-government people should also block “gov”.

“Go for the triple block!”  (Memorable and quoted from memory, from about two decades ago; I have not been able to find the relevant page in web.archive.org.)

If I ever make a website, I will definitely want to have “xxx” in the URL.  Fuck porn blockers.

That is a bit of a strange average purchase price that kind of struck me when I punched it in my calculator (no, I did not do it in my head).


$425,000,000 total purchase price / 38,250 BTC acquired = $11,111,11 (average purchase price) - Science and maths?


Also, just for shits and giggles.  

38,250 total acquired BTC / 21,000,000 total supply BTC = .182143 % of total BTC supply

Science?

Maths?


Don't you know that guys like SwayStar make money no matter what?  Even if there was only some kind of small window, they some how figure out how to retroactively disclose how they had made money in order that our confidence is inspired in them.

+1 WOsMerit


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+1 WOsMerit



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+2 WOsMerit's


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+1 WOsMerit


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+1 WOsMerit #haikulord

sorry to hear that..condolences



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+1 WOsMerit

for having a soul


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 +1 WOsMerit



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eyes start to cross and glaze over..

+1 WOsMerit


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Your not even going to whisper sweet nothings in my ear?   ftfy!

+1 WOsMerit


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+1 WOsMerit


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Carry on.

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