All posts made by leetlezee in Bitcointalk.org's Wall Observer thread
1.
Post 44130904 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
Looks like some people in here are getting so bored with a stagnating BTC price that they're turning on each other with the dreaded Ignore Hammer.

Here's another in a long line of helpfully speculative articles on the price movements of BTC:
https://www.coindesk.com/breakdown-over-bitcoin-indicators-suggest-price-outlook-is-improving/So everyday the friendly staff over at Coindesk let us know why Bitcoin may or may not move up or down today. Right now, it's really getting to be like the weatherman. "Welp, it looks like today, we're going to be dowsed by buckets and buckets of falling rain, but on the other hand, you never know, some speculative wind may come in and drive those clouds up and away and we could take the Lambo out for a wonderful afternoon drive. Stay tuned tomorrow for some more helpful forecasting from your wonderfully insightful weathermen over here at KBTC."
2.
Post 44132610 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
Here's my observation on the current price trend of Bitcoin:

3.
Post 44134462 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
The Negative Nancies are starting to appear:
I'm a little confused by your quotes. Maybe my browser's anti-idiot filter is acting up again?
4.
Post 44135356 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
5.
Post 44136244 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
Bob, when a short gets called, how can those kind of dollar amounts buy bitcoins at a specific market price (instead of considerable slippage)?
Or is it a forced market buy for $2,554,207 when the bitcoin price exceeded $6,607.5 (first example)? How would the shorter then guarantee it can pay back all the bitcoins lent?
(not a trader as you might have noticed)
They don't, they always get bought at market prices. That's why you have (a safety) margin as a buffer.
Depending on the rules of your platform, you might have some funds left after getting margin called.
That's probably one of the major factors helping propel the BTC price up right now. BTC price rises enough to trigger margin call, now more BTC has to be bought to cover shorts, potentially triggering different margin calls.
6.
Post 44140312 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
Not sure what the heck you all are talking about, but it kinda sounds like fun!

Meanwhile, Bitmex CEO claims that ETH is going sub-100:
https://www.ccn.com/shtcoin-ethereum-price-will-fall-below-100-bitmex-ceo/
7.
Post 44144486 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
For those of you looking for a different outlook on today's price movements, Yahoo just posted this article:
https://finance.yahoo.com/news/crypto-market-crash-prompts-suicide-concerns-135248250.htmlI think the key part that the Yahoo article did not include or mention is the differentiation between investors who FOMO-ed and got in above their heads and invested money they could not afford to lose, and those who invested in cryptocurrency while remained fully cognisant of the risks.
8.
Post 44145326 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
We ruined a bunch of young people that will never come back.
We hate young people.
The stock crash of '09 burned a bunch of millenials on every investing in the stock market, and the crypto-crash of '18 will, I'm sure burn a bunch more people on every investing in crypto.
9.
Post 44148182 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
You are predicting that this current crash is NOT over?
What are the chances that there is another uprun in altcoins and BTC before the BIG CRASH comes? Do you know? Can you reasonably presume that this time around is the BIG ONE?
I will concede that a lot of peeps already got reckt, but there are a lot of peeps also who are ready, willing and able to ride out the downwave, assuming that there is going to be another upwave at some point.
Personally, I have my doubts that this current correction is going to be a several year long correction that really weeds out the vast majority of 14 year old crypto speculators.
I was actually referring to the crash that already happened, starting at the beginning of this year and continuing on to at least our current point and possibly continuing on through the year(s). I mean, really, who the heck can accurately predict what will happen tomorrow?

I personally do have some optimism that so far, BTC has strongly held onto $6K as the low point.
But as far as what that means for the future, and at what time BTC will begin to rise in earnest and how quickly or how big the rise will be:

10.
Post 44148684 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
myself, it looks a lot like 2014 to say Jan of 2016 a lot of drama, sideways price movement on BTC and LTC and other altcoins. This may take a bit.
My real issue is not a bottom of 6k, it is a bottom of 1k one month, 6k the next, 8k the next then 3k again...that kinda movement would really mess with my mind....it could be that wild maybe?
the whims of btc and crypto are not for mortal men it seems (only the bots know...ie skynet!)
Meanwhile, let's see the news for more upcoming volatility in the predictions regarding the shorts getting liquidated that we were referring to earlier today:
https://blokt.com/news/bitcoin-price-short-vs-long-ratio-at-2018-high-monster-short-squeeze-incomingIt will be interesting to see what position shorters take after getting squeezed and burned today.
11.
Post 44148698 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
For those of you looking for a positive outlook on today's price movements, Yahoo just posted this article:
https://finance.yahoo.com/news/crypto-market-crash-prompts-suicide-concerns-135248250.htmlI think the key part that the Yahoo article did not include or mention is the differentiation between investors who got in above their heads and invested money they could not afford to lose, and those who invest in cryptocurrency while fully cognisant of the risks.
How could that be positive, if it is referring to crypto suicide tendencies?
Very positive.
Weak hands + Darwin = less weak hands
And there I was, trying to be all subtle.

12.
Post 44150083 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
BTC was, is, and always will be used to buy drugs. Then these freaks, geeked up on meth and lsd, go on this forum, and speculate about prices in between their cocaine fueled shitposting competitions. Once the coke wears off, the paranoia kicks in and they make lists of people they muted, to show them that, they have indeed, been muted.
NOCOINER ALERTBack to the blow for me

Geez, you're going to make him feel undervalued and underappreciated and now I don't think he will ever feel welcome to buy BTC.
13.
Post 44245581 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.05h):
I actually think he has some valid points, most particularly this:
Let's say Bitcoin remains relatively stable for a few years vs the USD and its role as a ‘stablecoin’ becomes the new, incorrect media narrative. Krugman starts to say it’s becoming a better currency because of this. Traditional markets climb higher and an ETF fails to drive retail and institutional demand.
With the advent of shorting Bitcoin, we must always remember that any rise in the price of BTC can be countered by the pressure of getting shorted, which I believe will very likely keep Bitcoin's growth curve shallow, which would have the added "benefit" as he says, of getting a reputation as a "stable" currency.
So a gradual upward s-curve chart is likely ahead for BTC, most likely precipitated by deep pockets taking advantage of small rises to first buy, then sell BTC for a profit, and if upward momentum slows, taking on large shorting positions to cash in on pullbacks.
14.
Post 46540533 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):

Well, at least now we know someone who will accept Bitcoin whether it's 10K or 1K.
15.
Post 46576023 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
Bitcoin market be like:

16.
Post 46588738 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
It's oddly comforting to check Bitcoin's price and know without looking it's probably still around $6500. Maybe one day it's look, "it's down to 6400," and another, "now Bitcoin is checking out $6600".
While I am hoping for BTC price to increase, I sure do think that some stability in the price helps people feel more secure about Bitcoin.
17.
Post 46657848 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
The same market, at the same time, but each one has different opinion.
No everyone sees the same thing.
In pretty much all of 2017, like every week, the upward market looked as if it was going to cease and crash any minute. Especially with all the FUD going on.
You'll never know it was bull run until after it's over. In hindsight.
I think the true mark of a bull run is when your grandma/grandpa start asking how they can get their hands on Bitcoin. Grandpa's flashing a handful of hundreds. "You know a guy that can hook us up, right? So do we meet him in a dark alley, in the bathroom at Walmart? I mean, how does this normally go down?"
18.
Post 46695619 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
https://hacked.com/bitcoin-price-tows-the-line-above-6600-mining-becomes-unprofitable-for-the-first-time/The title of the article is a little deceiving as it basically it just ends up saying that now it's unprofitable for small operations. However, large operations that can utilize the economy of scale can still make a profit mining Bitcoin.
And then we have this:
https://www.ccn.com/cnbc-analyst-predicts-bitcoin-price-is-about-to-explode-citing-etf-buzz/Not that anything from CNBC is truly worthy of note, I just thought him adding that he bought Bitcoin for his parents was amusing.
19.
Post 46700924 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
Here's an excerpt from the second link provided by mfort a few posts above.
Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market (3 Oct 2018)https://www.newsbtc.com/2018/10/03/big-institutional-investors-are-buying-large-amounts-of-bitcoin-in-otc-market/When Will it Show on Bitcoin Price?
If institutional investors are acquiring large amounts of Bitcoin in the OTC market, it should have a noticeable impact on the cryptocurrency exchange market and the price movement of major digital asssets.
However, over the past two months, the cryptocurrency market has demonstrated stability and struggled to initiate large movements on the upside.
As Circle, Coinbase, BitGo, Goldman Sachs, Citigroup, Morgan Stanley, and other major financial institutions that either have already launched crypto-focused custodian solutions or plan to offer crypto custody in the short-term begin to serve an increasing number of institutional investors in the months to come, investors expect the value of cryptocurrencies to increase accordingly.
The question in the subtitle has been left unanswered in the article, but my reasonable guess is "probably well before the halvening".
Essentially the point is that institutional investors want to buy up large quantities of Bitcoin without moving the price. So if they are only buying OTC from Bitmain and other large miners, and the "halvening" happens in 589 days... then I would agree that could easily be where the increase in price comes.
But we should remember that institutional investors also suffer from greed and FOMO, and if there's investors wanting to buy more than the amount of BTC currently being available to purchase OTC is where we will see their purchases encroaching on the traditional markets, and then we will see the increase in price. So when will this happen? ::shrug:: Maybe we should ask Jamie Dimon. I bet he has a pretty good idea of when that might be.
20.
Post 46701748 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
Essentially the point is that institutional investors want to buy up large quantities of Bitcoin without moving the price. So if they are only buying OTC from Bitmain and other large miners, and the "halvening" happens in 589 days... then I would agree that could easily be where the increase in price comes.
When I said "probably well before the halvening", I was thinking along the following lines.
Lately, volume on traditional exchanges has been ridiculously low. I think this might not be tightly connected with shark buyers going OTC; they have been doing things that way for a while already. The issue is small fish losing interest, patience, fiat money, or all of the above. As soon as all these things build back up, exchange prices must inevitably get a push. Any sign of a bull market will likely trigger a wave of small fish FOMO that will be impact prices for all to see, including MSM. Which will likely create some feedback loop and we'll be back to late 2017 scenarios.
Maybe we should ask Jamie Dimon. I bet he has a pretty good idea of when that might be.
So, who calls him? Will you or should I?

I'd call Jamie Dimon, but I think he blocked my number due to my efforts to call out his BS in 2017.

I agree, retail interest in Bitcoin is very low right now, which gives the sharks plenty of room to swim without interference. But once we see some news that spikes enough people's interest, the domino effect will take place like in 2017:
- Institutional investors quietly buying Bitcoin...
- Some announcement drives decent interest in buying Bitcoin
- Bitcoin price goes ^
- "Bitcoin Bull Run Again?" in news cycle
- People start FOMO and buy BTC
- Bitcoin price goes ^^
- More news cycles about Bitcoin "Bitcoin Goes on a Real Tear This Time, Will We See $1,000,000? Jamie Dimon Says Yes"
- More people FOMO buy
- Bitcoin price ^^^
- News cycles go wild, your grandma sees it and calls you to ask you to help her buy Bitcoin
- Institutional investors taking profit $$
- Bitcoin price ---
- People tell themselves this is consolidation before more ^^^
- Institutional investors finish taking profit $$$, start shorting
- Bitcoin price \/
- People say, "just people taking a little profit before hitting the REAL bull run"
- Bitcoin price \/\/
- People start getting a little worried about a repeat, not buying any more
- Institutional investors get busy shorting
- Bitcoin price \/\/\/
- People start reverse FOMO, selling all their holdings
- Bitcoin price \/\/\/\/\/
- Institional investors cashing in shorts... $$$$$$$
- Retail investors lose their shorts
- Bitcoin bottoms and cycle starts all over again
21.
Post 46722871 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
I agree, retail interest in Bitcoin is very low right now, which gives the sharks plenty of room to swim without interference. But once we see some news that spikes enough people's interest, the domino effect will take place like in 2017:
- Institutional investors quietly buying Bitcoin...
- Some announcement drives decent interest in buying Bitcoin
- Bitcoin price goes ^
- "Bitcoin Bull Run Again?" in news cycle
- People start FOMO and buy BTC
- Bitcoin price goes ^^
- More news cycles about Bitcoin "Bitcoin Goes on a Real Tear This Time, Will We See $1,000,000? Jamie Dimon Says Yes"
- More people FOMO buy
- Bitcoin price ^^^
- News cycles go wild, your grandma sees it and calls you to ask you to help her buy Bitcoin
- Institutional investors taking profit $$
- Bitcoin price ---
- People tell themselves this is consolidation before more ^^^
- Institutional investors finish taking profit $$$, start shorting
- Bitcoin price \/
- People say, "just people taking a little profit before hitting the REAL bull run"
- Bitcoin price \/\/
- People start getting a little worried about a repeat, not buying any more
- Institutional investors get busy shorting
- Bitcoin price \/\/\/
- People start reverse FOMO, selling all their holdings
- Bitcoin price \/\/\/\/\/
- Institional investors cashing in shorts... $$$$$$$
- Retail investors lose their shorts
- Bitcoin bottoms and cycle starts all over again
I am not sure why this narrrative - that institutional investors always make the right calls and own the markets while retail investors always get killed- is so prevalent in crypto psyche. Most of bitcoin richlist are retail investors. Meanwhile funds drove the ICO craze and got killed. But whatever excuse you want to make as to why you’re not wealthier, go right ahead if it makes you feel better.
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light. Not all institutional investors were/are involved in the manipulation and therefore got burned by the crash earlier this year, while naturally, some HODL-ers are on the richlist (it's easier to have lots of Bitcoin if you acquired/mined it when it was cheap), and some retail traders have gotten lucky and hit it big. The point is the average Joe who is trying to get into Bitcoin is essentially robbed of his money by market manipulation he has no idea even exists.
But then again, market manipulation exists in other markets as well... stock, commodity... they just have more regulation, so it's easier to get caught.
22.
Post 46739354 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light. Not all institutional investors were/are involved in the manipulation and therefore got burned by the crash earlier this year, while naturally, some HODL-ers are on the richlist (it's easier to have lots of Bitcoin if you acquired/mined it when it was cheap), and some retail traders have gotten lucky and hit it big. The point is the average Joe who is trying to get into Bitcoin is essentially robbed of his money by market manipulation he has no idea even exists.
But then again, market manipulation exists in other markets as well... stock, commodity... they just have more regulation, so it's easier to get caught.
Market manipulation does not exist on any large scale. Prove it. If retailers hold they win. Simple as that. If you are trying to day trade the chop, then you’re probably just a bad trader.
Well, you convinced me. I'm so glad I can now believe that people are naturally good and would never try to take advantage of any system for their own gain. I thought that there was, you know, pump and dump groups that used large sums of money to manipulate the market for their own profit, but I'm so glad you pointed out that error. It must just have been natural market forces resulting in unusual spikes in the price.
And of course I'm so glad I'm wrong that there are no rich people or rich groups that are manipulating the cryptocurrency market on a large scale for their own profit. I mean, geez, I even thought Jamie Dimon was a straight-up liar, but I must just really be misunderstanding everything he said while J.P. Morgan & Chase was doing the opposite.
Thank you for straightening me out.
23.
Post 46743447 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light. Not all institutional investors were/are involved in the manipulation and therefore got burned by the crash earlier this year, while naturally, some HODL-ers are on the richlist (it's easier to have lots of Bitcoin if you acquired/mined it when it was cheap), and some retail traders have gotten lucky and hit it big. The point is the average Joe who is trying to get into Bitcoin is essentially robbed of his money by market manipulation he has no idea even exists.
But then again, market manipulation exists in other markets as well... stock, commodity... they just have more regulation, so it's easier to get caught.
This concept of being robbed by manipulation seems to be going a bit too far. Markets have dynamics, and you gotta prepare for those dynamics if you are either investing or trading...
Robbed probably isn't the best word. Possibly "forcibly lost"?
I completely agree that you need to be prepared for the dynamics of the market. Most people who jumped in and bought Bitcoin in the later half of 2017 were not thinking with their head. And they were definitely not familiar with the market dynamics.
The crypto market right now is like the wild west in the movies. Wild, crazy, unpredictable, and unregulated. Which can be good... and bad.
Introducing regulation to help minimize the bad actors will help in some ways (making it harder for legitimate businesses to be involved in manipulation), and hurt in a lot of others (making it harder for everyone else to be involved in anything).
So the answer, for now... is to do the best you can with the information you have. Which... BTC price just dropped. Anyone up for buying some more?

24.
Post 46763622 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):

Oh make it stop... please make it stop...
25.
Post 46950029 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
26.
Post 46958387 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
Are we all reading and paying attention yet?

"Along these lines, I can't wait to review details about @Fidelity @DigitalAssets. A long-only #buyside firm [w/ 13000 institutional investor clients]...starting a #crypto platform is likely to build one that is a lot safer for Mom&Pop investors than one built by a taxpayer-backed or Fed-backed firm, plus @DigitalAssets has been mining for yrs so understands honeypot risk better than most #WallSt firms (which haven't...
...see 1211. Keyword search "fork" and "collateral" and draw your own conclusions. This goes much farther than @Bakkt, which says its customers must post 100% real #bitcoin upfront. None of the new platforms has committed that it won't engage in coin lending, which is yet...
Surprise, surprise, big business is interested in getting into crypto to make a bunch of money at the expense of, well, everyone else.
We've all seen how silver and gold has been manipulated by fractional reserve ETFs.
Who is still excited about the SEC approving ETFs for crypto?

27.
Post 46962133 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
It was knocking about the cypherpunk mailing list for a couple months before launch.
The only people who could possibly have been interested at that time.
Anyone who was anyone could have mined and contributed from day one or even before.
That doesn't make it a fair launch. Satoshi was able to mine one million bitcoins himself.
I'm a crypto supporter but the fact that one guy owns such a large percentage of bitcoins scares off new investors. This whole thing looks like a giant ponzi scheme from the outside.
Well, if you have a problem with the way Bitcoin started, why don't you go bring your complaint to Satoshi instead of whining in here about it.

28.
Post 46963812 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.09h):
Can someone please explain to us who had better things to do yesterday then watching charts, what exactly happened for this green dildo to appear? Thanks.
Tether go boom. People trade the tether for the bitcoin. Mass Panic.
Does this mean that if Tether finally goes belly up, BTC goes to ATH instantly?
I think it means investors base their trading on impeccable logic. You know, China bans bitcoin, price dips, North Korea buying bitcoin, price goes up.
So it could mean BTC goes to ATL.
Or it could mean BTC goes to ATH. I'm down for that.

29.
Post 46992281 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
~snip~
Looks like xhomerx10 is busy making caps for his hat convention.

Meanwhile...

30.
Post 46994130 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
hearing that it's a way for bfx to track down who is fucking with them
Well, if you disappear, we'll know who to blame.
This is all I've been able to find out about their new bank. Are you referencing a different article or rumors on twitter/reddit/elsewhere on BCT? Rumors are definitely flying everywhere. Some say Deltec bank in Bahamas, others a HSBC-affiliated bank in Hong Kong. I wonder how long before someone will leak the bank details after/during completing a fiat deposit to BFX.
https://www.chepicap.com/en/news/4310/bitfinex-moves-all-funds-to-safer-bank-denies-hsbc-bank-partnership.htmlhttps://news.bitcoin.com/bitfinex-introduces-top-secret-banking-system/https://cointelegraph.com/news/report-bitfinex-shifts-its-banking-business-to-hong-kong-based-bank-of-communications{edit} I wonder if the secrecy has more to do with their history of getting cut off by Wells Fargo and HSBC--aka, if they don't want their current bank to know that they are processing deposits destined for crypto.
31.
Post 47024852 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills.
I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words.
You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands.
Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue.
But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it.
You’re fucking dead, kiddo.
Sounds like someone is insecure and overcompensating.
32.
Post 47026042 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
This one is more better.

33.
Post 47026179 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
Sounds like someone is insecure and overcompensating.
Sounds like someone doesn't know their memes.

Better?
34.
Post 47026726 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
Sounds like someone is insecure and overcompensating.
What the fuck did you just fucking type, you little bitch?
I’ll have you know I graduated top of my class at MIT, and I’ve been involved in numerous secret raids with Anonymous, and I have over 300 confirmed DDoSes.
I am trained in online trolling and I’m the top hacker in the entire world. You are nothing to me but just another virus host. I will wipe you the fuck out with precision the likes of which has never been seen before on the Internet, mark my fucking words.
You think you can get away with typing that shit over the Internet? Think again, fucker.
I am tracing your IP with my damn bare hands so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your computer. You’re fucking dead, kid. I can be anywhere, anytime, and I can hack into your files in over seven hundred ways, and that’s just with my bare hands.
Not only am I extensively trained in hacking, but I have access to the entire arsenal of every piece of malware ever created and I will use it to its full extent to wipe your miserable ass off the face of the world wide web, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking fingers. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot.
I will shit code all over you and you will drown in it.
You’re fucking dead, kiddo.

35.
Post 47027472 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
Better?
I don't like to be the one to break this to you, but you're never going to be better. But that's just the nature of things. Some win gold and some come last.

36.
Post 47120148 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
I found this article on medium:
Why do Bitcoin and cryptoassets have no future…
when the NYSE is creating the cryptocurrency trading platform Bakkt in collaboration with Microsoft and Starbucks with physically backed Bitcoin futures contracts.
when Fidelity is offering it to its clients and has been mining it since 2015.
when Steve Wozniak is co-founding a cryptoasset investment firm.
when Katy Perry IG’d herself with cryptocurrency nail polish
Cryptos coming at you like a dark horse
when Brendan Eich, creator of JavaScript and Mozilla, started Brave Browser with a built-in ad-blocker and Basic Attention Token (BAT) to reward content creators.
when Amazon Web Services partnered with QTUM.
when the Bill & Melinda Gates Foundation is utilizing Ripple’s interledger protocol to help with payment services for the financially impoverished and unbanked.
when IBM is partnering with Stellar Lumens (XLM) for cross-border payment solutions.
when Jamie Dimon, tells all that it Bitcoin is a “fraud” and that if he catches any employees who own it he would fire them, while in the background JP Morgan and Morgan Stanley bought Bitcoin ETNs on the dip.
when the MLB is launching a crypto-based game on the blockchain using the ERC-721 standard for non-fungible tokens.
when George Soros initially bashed cryptocurrencies, only to later buy a stack of Bitcoin at the $6k low.
when Alibaba and IBM have the most blockchain patents in the world.
when Yale’s endowment invested $400 million in cyptoasset funds.
when the Winklevoss twins took $11 million of their Facebook money and put it into Bitcoin in 2013 when it was $120 each.
Should I go on?
when John McAfee bets his manhood that Bitcoin is going to the moon.
when Jack Dorsey, CEO of Twitter and Square, thinks Bitcoin is the currency of the future.
when Richard Branson thinks Bitcoin will bring an economic revolution.
when Goldman-Sachs backed Circle launched a crypto finance company.
when Square’s Cash App allowed users to buy and sell Bitcoin.
when Coinbase is valued at $8B.
when the founder of YouTube and the founder of Twitch are advising Theta Token (THETA).
when Bitmain is on track for $10 billion in revenue this year after around $4 billion last year.
when Binance made more in profit in Q2 2018 than Deutsche Bank.
when Reddit co-founder (and husband of Serena Williams — dont forget that) Alexis Ohanian is betting on Bitcoin as a hedge to economic crises.
when Blockchains, LLC bought 60,000 acres for their company that will incubate and innovate Ethereum-based blockchain ventures.
when the co-founder of Wikipedia is now working on its decentralized counterpart Everipedia (IQ).
when Akon is launching his own cryptocurrency Akoin to help bring security to the currency system in Africa.
when Ashton Kutcher donated $4 million in XRP to Ellen DeGeneres’ charityby transferring it to her in a matter of seconds.
when Chamath Palihapitiya, co-owner of the Golden State Warriors, invested early in Bitcoin and thinks it’s going to $1 million per coin.
when Plastic Bank is helping those in developing countries earn cryptocurrency while also curing plastic ocean pollution — I know you’ve seen those IBM commercials.
when Robinhood offers the purchase of cryptos commission-free.
when Steve Bannon is betting on Bitcoin and launching his own cryptocurrency.
when Bill Clinton spoke at the Swell Conference in support of Ripple and blockchain technology: "The permutations and possibilities [of blockchain] are staggeringly great.”
when former Trump aide and Goldman Sachs exec Gary Cohn is joining a blockchain startup.
when the NFL purchased a stake in blockchain startup SportsCastr.
when the NBA goes crypto as the Sacramento Kings mine Ethereum, Bitmain sponsors the Houston Rockets, and former commissioner David Stern backs FanChain.
when Rockefeller-owned Venrock is investing in cryptocurrency.
when Overstock.com is going full-on crypto.
when cryptocurrencies can end poverty and provide financial freedom to those in financial need.
Yeah. This has no future.
Accumulate, HODL, and think outside the blox!
... I originally clicked on the article because I thought from the title it was a bearish article. Yup, classic clickbait. A good synopsis of the growing adoption of Bitcoin and cryptocurrency, and why I have a long-term bullish outlook, even though for the moment, bull and bear got each other by the throats.
37.
Post 47260816 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
And imaginary, valueless shitcoins are a complete non-factor compared to physical metals in the endgame.
The physical part is an understandable perspective. But, what value does gold really have? If the endgame is a SHTF scenario lead is far more valuable than gold. You can't feed gold or silver to your children. If grain is scarce I'm not trading any of mine for your precious metals.
If the shit never does hit the fan, and in the current global socioeconomic climate value is subjective, and gold is no more impressive than a paper wallet. It wouldn't be any more bizarre to trade bird's heads for tulip bulbs if we lived in a society that put value on those items.
A diverse investment portfolio is the most practical approach.
I agree with DireWolfM14 here. If SHTF, the most valuable resources until order is restored will be food (and ways to acquire/grow/raise food), potable water, and fuel. I would add shelter but I don't know that shelter would necessarily be lacking. The basic necessities will be the means for barter. Here, I'll trade you 3 pounds of meat for 3 gallons of water. Or, here's 20 lbs of grain for 5 gallons of gas.
If there arises an interim order (some community is achieved through communal self-sufficiency), there may be some call for a medium token of exchange, but while a precious metal might be favored, honestly pretty much anything can serve as a token of exchange as long as all the interested parties agree on its value. It could be crow's heads, for all I know.

I find it somewhat amusing the depths to which this thread has sunk due to the lack of volatility in the BTC market. A remarkable obsession with hats. I suppose even an xhomerx hat (properly authenticated, of course) could also function as a medium of exchange if SHTF.

38.
Post 47260869 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
I would actually propose, based on my observational abilities, that the causal effect is reversed from what you have proposed:
My proposition:
Less BTC volatility --> More Xhomerx Hats
39.
Post 47294465 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
We could be in the accumulation phase of the famous bitcoin cycles. I’m really hoping we start to move significantly higher in early 2019. The next halving comes into play then (it’ll be 18 months away) so hopefully the price will start going in the right direction.
I think I speak for all of us when I say I’m sick of $6xxx
I'm pretty sure if the BTC price drops like a rock, we would all be ecstatic to see $6K again. Personally, as long as the price is remaining stable (aka not sliding back down to prior year's levels), I'm happy with 6K.
Given (enough) time, the price will again reflect the intrinsic value of BTC. It may be the end of this year (not looking so likely anymore), maybe next year, maybe in a couple years.
40.
Post 47297725 (copy this link) (by leetlezee) (scraped on 2020-04-04_Sat_16.10h):
no hatters are inferior and must be cleansed from this forum.
Glad to see you're open-minded. It's a very refreshing contrast to others around here.