All posts made by PricklyPear1 in Bitcointalk.org's Wall Observer thread



1. Post 26104911 (copy this link) (by PricklyPear1) (scraped on 2020-04-04_Sat_15.32h):
Quote from: TERA2 on December 10, 2017, 08:14:05 PM
I'm imagining a future where they is indeed a frenzy over coins, but not our coins. You see people rushing to buy FiatCoin and BOAcoin in their TD Ameritrade account. Meanwhile you are extremely frustrated and going 'omg you idiot that isn't a real coin. that isnt bitcoin. that isnt decentralized. why arent you on our illegal exchange trading real coins?
? havent you ever been in the crypto community or read the whitepaper or know what pki is? [no]'. But all of this just goes completely over their head and they are buying whatever is trending, as always.

I see this as well. Specifically with regards to the blockchain. Each bank (and its customer base) would conduct all transactions in said bank’s ‘coin.’ These transactions would be privately validated through said bank and then logged to the public blockchain. As transaction occur between banks (and their customers), this process would be repeated. More transactions = higher fees = more money made by the bank from customers and from other banks it does business with. This would theoretically increase the ‘coin’ price of the bank with the highest volumes as compared to other banks. Of course all of this could be speculated on in a futures market or an actual regulated “coin” market much like present day stocks. Banks get around the problem of centralized trust (as they privately assume some risk by validating their own transactions offline with their ‘coin’ or in-house network) and publicly confirm those private transactions through the public blockchain ledger.


2. Post 27441596 (copy this link) (by PricklyPear1) (scraped on 2020-04-04_Sat_15.36h):
Quote from: mymenace on January 04, 2018, 01:36:06 AM
Quote from: Torque on January 04, 2018, 01:28:37 AM
Quote from: HairyMaclairy on January 04, 2018, 01:04:50 AM
I have decided that Ripple random shitcoin is an attack on Bitcoin the same as Bcash other random shitcoin.  They are trying to scare holders into selling by wash trading a Flippening.  Don’t fall for it.

FTFY. They've been trying this lame 'flippening scare' tactic for over a year now, because they are all fresh out of other shitactics.

Pumping random garbage will never work. The Bitcoin community has matured and can see through the bullshit.

Wallstreet desperately needs more bitcoin supply to play their con games with the public, and there just isn't much available. So they are desperate to get existing holders to part with their bitcoin. They want them to make rookie trading mistakes, divest into a myriad of shitcoins, or just get frustrated and sell... whatever they can do to shake people out. It doesn't appear to be working.


Luvin it, so true

And thats why you would have to be completely stupid in not making money in this environment

Money everywhere, buy low sell high, so easy

flip this coin, flip that, back to btc money money money

another thing people are not realising, this is a transference of wealth and devaluation of the fiat

the central bank scam is exposed and people are flooding to get away from them

gold moving now too

#btchappening



Ah man, my sentiments exactly. Everyone complaining left and right about scams, bubbles, blah, blah, blah. If anything, being in this for many years has taught me that most people read/develop all their opinions from FORBES, MSNBC, FOX and many other garbage sites. This is literally the largest wealth distribution change possibility in history, yet most commoners say it’s too scary... It’s literally a rich person handing he poor the reigns one time while they go take a shit.