All posts made by equipoise in Bitcointalk.org's Wall Observer thread
1.
Post 5298285 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.15h):
Thanks for posting this, I didn't realise they were so close to launch already!
They are opening after 2 days (on 24th of February). Today is the last day you can buy shares on IPO price directly from Neo&Bee (
https://www.lmb-holdings.com/) or around the IPO price from the Havelock exchange (
https://www.havelockinvestments.com/fund.php?symbol=NEOBEE). More photos of their first branch:
2.
Post 5298562 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.15h):
TERA: Yes. Here is the official Neo&Bee response to that:
Official response regarding the CBC announcement surrounding Bitcoin:
Date: 10th February 2014
"As the CEO of a leading company that is building the infrastructure surrounding the Bitcoin technology (Neo), I believe the announcement made by The Central Bank of Cyprus surrounding the dangers of using Bitcoin was reasonable. Innovation is always upsetting, not innovating and being left behind as the world evolves has historically proven to be far more dangerous though; if not for vested interests, then for the future generations.
As a responsible company we naturally agree that anything to do with personal or corporate finances should be treated with extreme caution, including financial products offered by traditional financial institutions. That is why our business offers free education to everyone on what we offer and the Bitcoin technology, to enable individuals to make an informed decision for themselves. We do not and will never set any sales targets within our business, because we believe this practice should be avoided when handling the individual and corporate financial needs of our customers.
The fact that the Wall Street Journal, which is one of, if not the most respected financial publications in the world, responded to the Central Bank warning in a comical fashion speaks volumes of the warning's content:
“So, is the institution – accused of failing to control the economy on the tiny Mediterranean island and allowing rampant tax avoidance and money laundering - saying Bitcoin is illegal? Not quite. Instead it warns that there are big risks associated with using the currency.”
The response made by The Wall Street Journal echo’s the issues that we have faced when engaging with international banking partners; they have never expressed an issue with Bitcoin, however they have all considered Cyprus as a high risk country.
Regardless of the reluctance of both the Central Bank and CySEC to regulate the businesses surrounding this new technology, Neo are still committed to establishing a clear regulatory framework for Bitcoin based businesses to operate within. We are proposing a full regulatory framework to both of these regulators and directly to the government. Some work will be required from these regulators to act upon this proposal and no single entity understands this technology better than ourselves, that is why we are offering our resources to help the regulators fulfill their mandate and regulate businesses to protect the consumer.
Neo are already subjecting ourselves to internal policies for Anti-Money Laundering and Know Your Customer that are more strict than any European legislation which surrounds these matters. We have taken these steps to ensure that we build a transparent institution. Due to the nature of the technology we utilize throughout our business, this higher level of transparency is more achievable than anything that has come before us.
If people want to use Bitcoin they will find their own way to obtain them in an unregulated manner, even if Neo didn’t exist. Isn’t it better for them to acquire them via a regulated market, that offers some level of protection?
Kind regards,
Danny Brewster
CEO - LMB Subsidiaries Limited"
3.
Post 5315580 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.16h):
4.
Post 5333356 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.17h):
It's actually a good news. After Mark Karpeles blamed Bitcoin protocol to be guilty for his own wallet software problems there is no one who wanted MtGox to be in the board of the Bitcoin Foundation any more. Resignation is a good decision made, but most of speculators can't resist to dump the price for a while on such news. This have nothing to do with when and if MtGox is capable/will return the coins and surely are good news for all the Bitcoin community. It's Monday and a lot of fresh fiat should be coming to MtGox bank accounts.
5.
Post 5342072 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.18h):
Gox just admitted insolvency...
You are not a Fudster normally?
I guess I over reacted to the gox Dev admitting coins were stolen via transaction malleability. Maybe it's not that bad? I didn't have a chance to sell my coins so i hope they are solvent..
This is widely known fact and nothing new - they lost some coins. However they should hold 80-90% in their offline wallet and most probably they have much more from fees then the amount they lost also stored offline. The logic tells me they can't be insolvent and if they state in official message that they are insolvent I'll be almost sure they are lying and MtGox is a scam. I still don't believe this is a scam, but they are either incompetent or creating FUD in order to help some big gamers to get in Bitcoin - maybe both.
6.
Post 5343844 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.18h):
However [ MtGOX ] most probably have much more from fees than the amount they lost also stored offline
...
Moreover, whatever is left of their feee revenue after paying salaries and other expenses is surely pocketed by the owners as profits --- and not left in MtGOX corporate accounts.
Mark Karpeles was told by the core developers continuously for months about this particular problem with his custom wallet software and about the fact that he could loose bitcoins this way. He neglected it and knowingly decided to ignore the warnings and just do nothing. In a possible lawsuit he could be liable with all of his profits. It'll be a surprise for me if he somehow managed to loose more then 10-15% of the Bitcoins (like don't keep an offline wallet, lost the password for the offline wallet, his dog eat the wallet, etc.).
7.
Post 5401173 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.21h):
You seem to be stuck inside a box. It's becoming quite clear to me that no matter what I say you will remain in that box.
Try saying things that are different from comparing marijuana to bitcoin..
Marijuana largely functions via a decentralized market, yet no matter where you go, somehow the price of an ounce of pot is always very similar (depending on the potency).
If you want to ignore the comparisons, so be it.
Weed like to talk - A European solution to a European issue : legalizing cannabis.
https://ec.europa.eu/citizens-initiative/REQ-ECI-2013-000023/public/
8.
Post 5442939 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.22h):
I wonder, who else watch this thread constantly even though they only hold and buy, never sell ?
That would be me
I stare at charts because it gives my obsessively analytical mind something to do.
EDIT: it's not fair to say I never sell. I do spend. And then buy some more. And sending micro-donations to all sorts of people has become my hobby
Please send a donation to this campaign:
http://www.indiegogo.com/projects/weed-like-to-talk or send some to me too. Thank you!
9.
Post 5446090 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.22h):
I wonder, who else watch this thread constantly even though they only hold and buy, never sell ?
That would be me
I stare at charts because it gives my obsessively analytical mind something to do.
EDIT: it's not fair to say I never sell. I do spend. And then buy some more. And sending micro-donations to all sorts of people has become my hobby
Please send a donation to this campaign:
http://www.indiegogo.com/projects/weed-like-to-talk or send some to me too. Thank you!
yay weed! donated
Good. Weed like to talk! I started a bitcointalk topic on the campaign - [Weed Need to Talk]Donate to start a wave of cannabis seminars in Europe:
https://bitcointalk.org/index.php?topic=494125.0. Sorry for the off topic.
10.
Post 5448467 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.22h):
I've seen many posts and threads about price speculations and hitting 5k per coin.
Now, to try and stay a little bit on-topic:
What are these speculations based on? Althought, I'd say hell yes to BTC being worth $5000,- per coin but I can't really see this happen.
And no, the reason why I can't see this happen is not about the drama caused by Gox.
Is anyone here able to clarify this?
Potential value of one bitcoin:
http://i.imgur.com/zh5ibyH.jpg
11.
Post 5526378 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.24h):
Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.
This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange.
I have Bitstamp verified account and I never received the gox scam mail neither the btcguild scam mail or any other bitcoin related scam or spam. I don't think those are connected.
12.
Post 5526630 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.24h):
Perhaps I am being a little harsh with the exchanges; clearly they are the first attempts by hobbyists and we needed them in the very beginning. But now, we have moved on to a stage where we cannot afford to have experimental exchanges – perhaps even having such exchanges out there with the highest volume is detrimental nowadays. What is sorely needed is professionals who already have experience building financial infrastructure. Wall Street, not basement geek.
Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.
This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange.
I have Bitstamp verified account and I never received the gox scam mail neither the btcguild scam mail or any other bitcoin related scam or spam. I don't think those are connected.
Same here regarding the Bitstamp account, plus my email was not leaked before all this and I only got those mails fairly recently, so I am near certain of eleuthria's conclusion. Have you checked your spam folder? Gmail for example has excellent spam filtering.
I checked the spam folder just before writing the message. There are no such emails from mtgox or btcguild in any of my email folders including the spam folder.
13.
Post 5753062 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.27h):
We will be adding significant liquidity to the global Bitcoin market through developing our subsidiaries to utilize the benefits of this technology, thus naturally increasing demand of which we project to have a positive influence on the exchange rate.
From the new Neo & Bee (LMB Holdings) prospectus:
https://docs.google.com/document/d/1khGADbJeu0efCNZ13lnz8BucG7PfS5Cl9lBZ1sncY-4/editAll the appendices with financial projections will be released later this week (
https://twitter.com/BtcDanny/status/445667845436096512)
14.
Post 5820627 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.28h):
Fake news or not - both ways if you are selling that low you are a dumb idiot.
15.
Post 6035806 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.31h):
People dumping into 440 100s at a time
wall halved last 3 minutes
What a bunch of idiots. It was already priced in.
16.
Post 6311149 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.39h):
i'll go with the price of bitcoin on April 20th at 4:20PM UTC
Good time! Weed like to talk! 4:20
https://bitcointalk.org/index.php?topic=494125.0
17.
Post 6404332 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_12.40h):
No this is actually NEW China news this time: They want to take down recharge codes and other deposit options, and before it was just bank transfers. For the first time, the situation is actually significantly worse now than it was in was in December. For a while we thought that Chinese exchanges would be able to continue doing volume by using alternative payment methods but now it is turning into a complete cut-off. I bet btcchina's ATMs will be taken down.
Nothing changed since the December china statement which was:
Bitcoin is not a currency - it's a digital commodity (virtual goods). This means 3 thing:
1) No banks or payment processors could be involved directly or indirectly in Bitcoin trading - they have licences for dealing with money not bitcoin.
2) You can't price any other commodity or service in Bitcoin - those are priced in yuan.
3) Bitcoin is legal and you could buy it or sell it privately (face to face or something like localbitcoins). No statement was made what are the valid ways to do this, so regulation or clarification on this could come in the future.
Those were clearly stated back in December and there is no change till now.
18.
Post 12909711 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.32h):
That is a sensible view, and close to what bitcoin was conceived and built for.
However, Satoshi's stated goal was to remove the need for a trusted third party in peer-to-peer payments. That is not the same as "censorship resistant" and does not imply it. It does not imply anonymity or privacy, much less immunity from laws. These goals that were tacked onto it afterwards, by others; it is not surprising that bitcoin fails to
Satoshi made Bitcoin the opposite of "censorship resistant" if used with default settings. Anyone can track where your coins have come from, and where you sent them to through the blockchain. However Satoshi provided instructions on how to run a wallet through Tor, and how to mix them through coinjoin if you desire anonymity. He left the choice of whether to implement anonymity or not to the user.
Satoshi also talked about ring signatures, which are implemented in Monero and most probably will never be implemented in Bitcoin.
19.
Post 13166192 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.36h):
I think we will see $600 within 6 months.
I think you are smoking too much weed
PS: but i hope you are right
Are we waiting for 420 again? Meanwhile help an 80 years old women Bojia Bikova to pay her fine for a few uprooted strings of hemp. She has to pay 1100$ fine, which is near the amount of pension she is receiving for the whole year. 3 min video about the case:
https://www.youtube.com/watch?v=gqmGkti9uUQ Bojia Bikova campaigns: BTC: Bithope -
https://bithope.org/campaign/help-the-old-mother-bojia-campaign/ XMR: promena.org (OpenAlias Monero address)
20.
Post 13192352 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.36h):
420 is a great price to support an 80 years old women to pay her fine for a few uprooted strings of
hemp. She has to pay 1100$ fine, which is near the amount of pension she is receiving for the whole year. 3 min video about the case:
https://www.youtube.com/watch?v=gqmGkti9uUQ Bojia Bikova campaigns: BTC: Bithope -
https://bithope.org/campaign/help-the-old-mother-bojia-campaign/ XMR: promena.org (OpenAlias Monero address)
21.
Post 13284782 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.38h):
It seems this is the top. Is it slow bleeding from here or flash crashes? Sooner or later the 300-370 range should be tested again to confirm a healthy organic grow. To me it seems highly doubtful a new bubble starts now, but who knows.
22.
Post 13284844 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.38h):
It seems this is the top. Is it slow bleeding from here or flash crashes? Sooner or later the 300-370 range should be tasted again to confirm a healthy organic grow. To me it seems highly doubtful a new bubble starts now, but who knows.
It sounds like you went full fiat at $230 and are mad the price went up. Somebody blew up the exchange with an abnormally big sell right at the start of a price rise. It was either on purpose to try and stop it from rising or they did it on accident.
I didn't sold a single satoshi, but I also didn't bought any after the 310 mark. I would buy some in a flash crash to the same range.
23.
Post 13361073 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.39h):
It seems this is the top. Is it slow bleeding from here or flash crashes? Sooner or later the 300-370 range should be tasted again to confirm a healthy organic grow. To me it seems highly doubtful a new bubble starts now, but who knows.
It sounds like you went full fiat at $230 and are mad the price went up. Somebody blew up the exchange with an abnormally big sell right at the start of a price rise. It was either on purpose to try and stop it from rising or they did it on accident.
I didn't sold a single satoshi, but I also didn't bought any after the 310 mark. I would buy some in a flash crash to the same range.
I don't trust that smug face of yours
I kinda like his face. I don't think there is any hope of it going down to the 300-370 range unless ofc there are problems due to the BJA scaling problem. I base this on everything I read ITT. I last bought @445 a few days ago when I got my Christmas bonus. After all what else can you do with fiat? I am highly suggestive, good going guys
Slow bleeding it is. ~425-440 seems to be the new top resistance. 400 will hold at least once or twice, but then we should see some action below that. 300-370 range seems reasonable for Q1 of 2016. We could even see 260-300 in flash crashes, but most probably 300 will hold. Happy new year and keep in mind that I have no idea what I'm talking about! Don't use it as a trading advice!
24.
Post 13365583 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.39h):
At the 420$ price it's the best time to support 80 years old Bojia accused of growing hemp. She was found guilty and fined 1100$. That's her pension for the whole year. 3 min video about the case:
https://www.youtube.com/watch?v=gqmGkti9uUQ Bojia Bikova campaigns: BTC: Bithope -
https://bithope.org/campaign/help-the-old-mother-bojia-campaign/ XMR: promena.org (OpenAlias Monero address)
Edit: The campaign is organised by the
Promena Movement &
Liberty 420
25.
Post 13437134 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.39h):
what does this mean? i never understood it
BTH is the number of blocks until the next halving (in July). The cube and the percentage of fullness is the amount of blockspace used in the past hour without taking any empty blocks into account.
We're still doing the empty blocks. I haven't got around to changing it yet.
counting the empty blocks too is the right approach.
It's not actually. Empty blocks are not adding to the transactions bandwidth. The reason they are empty is not that there are no transactions to confirm and when the max capacity is reached there will be empty blocks still.
26.
Post 13515281 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.40h):
and do that while maintaining the integrity of the system. Not people tinkering with an existing variable that has known tradeoffs if you set it lower or higher.
Because 1MB was not arrived at arbitrarily, but through exhaustive research and testing?
You're not saying that
1MB is simply a meaningless number Satoshi randomly selected because it was always meant to be increased long before it was reached, are you? Because that couldn't be the truth of the situation according to what blockstream says.
Satoshi selected a much bigger number originally (was it 32MB?). It was changed
temporary to 1MB for reasons already in the past and not in effect at the current moment.
27.
Post 13560847 (copy this link) (by equipoise) (scraped on 2020-04-04_Sat_14.40h):
Do you see the small blocks shit now? Many were withholding the Bitcoin network capacity intentionally without any valid reasoning. It was obvious and inevitable and this is just the beginning. When the block size is increased after the big drop which just started then the fungibility problem will come - most probably with a big delay again to let the price stabilize and rise before the new big drop.
