Quote from: JohnnyUranus on Today at 01:28:52 PM

#FinCENFiles coming today at 1 pm ET and 5 pm GMT exposes how money looted from government treasuries, scammed from pensioners, and generated through drug sales has been hidden across the world.

https://twitter.com/BuzzFeedNews

Financial surveillance propaganda from a fake news source whose very name translates approximately to Eat Hype. Dont swallow it.

If we dont enforce a global banking panopticon, then bad people may steal money that corrupt governments properly looted first, take candy from babies in second infancy, and ZOMG! (faint) do other illegal things! To keep people safe, we need more KYC, more AML, more dox, more freezing and seizing, more asking permission, more limitations on what you can do with your (LOL!) money.

Everyone is guilty till proved innocent. Now shut up, send more ID selfies, and show the source of funds if you ever want to see your money again.

Its kind of like the argument that all crime could be prevented, if only the whole world could be turned into a giant prison on lockdown. Oh, wait...

Quote from: Syke on Today at 12:54:58 PM

We need more bottom pics.

At this Sunday rump session of WO, are you calling for a focus on fundamentals? Your meaning is ambiguous; for example, that thing I posted yesterday evoked at least two or three meanings of bottom that I cant be arsed to list.

Quote from: alevlaslo on Today at 11:09:27 AM

However, if the dollar itself is overvalued tensfold, then bitcoin is also overvalued tensfold

The confusion of concepts required to produce this statement is remarkable.

Quote from: bitserve on Today at 03:39:31 PM

Quote from: LFC_Bitcoin on Today at 11:43:38 AM

The security of the network is now more than 10x higher than when BTC set price ATH end of 2017....

Wrong. The hashrate/difficulty is more than 10x higher, not the security. It doesn't take 10x more investment to attack the network than it costed in december 2017 because current mining devices are way more efficient (per $ spent and electricity) than back then.

^^^ This.

Quote from: Capanatlax on Today at 01:18:22 PM

bitcoin price volatility expected as 47 of btc options expire next friday
https://cointelegraph.com/news/bitcoin-price-volatility-expected-as-47-of-btc-options-expire-next-friday/

News of speculative instruments is worrisome, and another reason why news of more holders is exciting.

Quote from: VB1001 on Today at 10:40:40 AM

"Hal Finney" Sun, 11 Jan 2009

Quote

As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world. Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.

https://www.mail-archive.com/cryptography@metzdowd.com/msg10152.html

Don't rule out any pricing option, look what they were talking about in 2009.

Important clause highlighted. He obviously wasnt looking into a crystal ball and predicting that.

This is why influential people sometimes become wary of any type of what if?, thinking-aloud types of brainstorming in public.