Bitcoin Price Thread

johnarb · Nov 2, 2021

Hey Vanz! I don't see your message anymore, I saw it earlier but was out picking up groceries, sorry late response

Thank you! Yea, MSTR hit $845 but pulled back 50 points, I still have time on the Jan 2022 call 750 options

Michael Saylor ,MSTR CEO was speaking today in Los Angeles and he said bitcoin can go up to $100T market cap in the future. He a little bearish but, it's ok, we forgive him

About $5M per bitcoin

"MicroStrategy (NASDAQ:MSTR) CEO Michael Saylor says bitcoin's (BTC-USD) digital property characteristics make the digital token primed to reach a $100T market cap, while digital energy applications can be worth as much as $500T, he told Tim Draper at the LA Blockchain Summit."

https://seekingalpha.com/news/3763141-microstrategys-michael-saylor-says-people-can-trust-bitcoin

RedDuke · Nov 2, 2021

johnarb said:
Hey Vanz! I don't see your message anymore, I saw it earlier but was out picking up groceries, sorry late response

Thank you! Yea, MSTR hit $845 but pulled back 50 points, I still have time on the Jan 2022 call 750 options

Michael Saylor ,MSTR CEO was speaking today in Los Angeles and he said bitcoin can go up to $100T market cap in the future. He a little bearish but, it's ok, we forgive him

About $5M per bitcoin

"MicroStrategy (NASDAQ:MSTR) CEO Michael Saylor says bitcoin's (BTC-USD) digital property characteristics make the digital token primed to reach a $100T market cap, while digital energy applications can be worth as much as $500T, he told Tim Draper at the LA Blockchain Summit."

https://seekingalpha.com/news/3763141-microstrategys-michael-saylor-says-people-can-trust-bitcoin
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Utter nonsense. Meant 500 trillion

momo3HC · Nov 7, 2021

themickey said:
The trial of the Australian who says he invented bitcoin has the crypto world glued
By Jonathan Levin and Olga Kharif November 2, 202
https://www.smh.com.au/business/ban...s-the-crypto-world-glued-20211102-p59548.html

Cryptocurrency enthusiasts may be disappointed if they’re expecting a three-week trial in Miami federal court to finally establish the true identity of Satoshi Nakamoto, the pseudonymous creator of bitcoin. But curiosity seekers will nonetheless be drawn to watch Australian computer scientist Craig Wright, the self-described inventor of bitcoin, defend himself against claims that he swindled the estate of a deceased Florida man of its share of some $US65 billion ($86.4 billion) of the peer-to-peer currency and intellectual property related to blockchain technology worth billions of dollars more.

The brother of Dave Kleiman, who died in 2013, alleges that the late computer scientist collaborated with Wright on the early development of bitcoin and that the estate is entitled to half the value of a cache of as many as 1.1 million bitcoins, valued at $US62,545 apiece as of October 29, believed to be held by Satoshi. Whether that stash can still be recovered is by no means guaranteed.

Craig Wright claims to have invented Bitcoin. Credit:BBC News

Some prominent cryptocurrency entrepreneurs and investors regard Wright as a fake and believe Satoshi’s enduring anonymity is part of the genius of bitcoin – a competitive advantage for an innovation that has drawn scrutiny and ire from countless governments. Wright has stood by his claim, even suing critics who have called him an impostor.

Yet the Kleiman case isn’t principally about whether Wright is really Satoshi. At issue in the trial, which begins Monday (US time) with jury selection, is whether a business partnership existed between Wright and Kleiman before the latter’s death.

Wright is definitely “an important early innovator in cryptocurrency, and is also rich from cryptocurrency,” said Aaron Brown, a crypto investor who also writes for Bloomberg Opinion. “Beyond that, his claims to be the main or only author of the original bitcoin white paper have little support.”

Despite the scepticism, crypto fans will be following the trial for any clues. Satoshi speculation is a favourite hobby in the crypto community, and last month, even venture capitalist Peter Thiel joined in, speculating that the real Satoshi was on the same beach as him in Anguilla in February 2000. Whoever Satoshi is, he or she probably has access to enough bitcoin to dramatically sway the market.

The Kleiman estate complaint against Wright was first filed almost three years ago, but the case has faced delays due to the COVID-19 pandemic.

Emails in the court records show the men had a simpatico relationship – in one message, Wright called Kleiman his “best friend” – but Kleiman’s brother, Ira, will try to prove they had a business partnership.

So far, that’s involved a reexamination of such events as a Thanksgiving dinner conversation in 2009. Ira Kleiman has testified that Dave told him over the holiday meal that he was developing something “bigger than Facebook,” before he scrawled out the now famous bitcoin logo: a B with two lines through it in the style of a money sign.

The testimony of Wright himself could prove pivotal. Earlier in the litigation, the Kleiman estate accused Wright of “a sustained pattern of perjury, forged evidence, misleading filings, and obstruction.”

Bloomberg
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No one ever will understand who`s Satoshi. Believe me. Never.

vanzandt · Nov 7, 2021

momo3HC said:
No one ever will understand who`s Satoshi. Believe me. Never.
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Well, you might be right.
I for one can personally eliminate a few dozen idiots I know.
And.... probably a few 100,000 more that graced the asphalt upon which I shared this weekend.

johnarb · Nov 8, 2021

new bitcoin btc all time high

johnarb · Nov 8, 2021

Another new all time high for bitcoin btc

We're waiting for $69,420 next

Pricechange · Nov 11, 2021

Satoshi is key to the full picture...master key. And the anonymous nature is perfect. So perfectly contrary to the guru mentality of US capitalism. Japan is twenty years ahead of the US in most evolutions of the business, capital, tech cycle and most importantly, in this "how the central bank monetary chess game scenario" plays out. They weren't a reserve currency but, none the less, they printed their currency into oblivion. And people were clamoring for an alternative to survive the debt death spiral. The bits come together to solve the puzzle. (MaSTeR) I bow to you... a very nice chess move

johnarb · Nov 15, 2021

Taproot, the biggest upgrade to Bitcoin in 4 years, got implemented yesterday on block 709632

Better privacy, cheaper fees, smart contract improvements

It should provide a boost to the bitcoin price

No problems with the upgrade

October --> Uptober

November --> Moonvember

Overnight · Nov 16, 2021

johnarb said:
Taproot, the biggest upgrade to Bitcoin in 4 years, got implemented yesterday on block 709632

Better privacy, cheaper fees, smart contract improvements

It should provide a boost to the bitcoin price

No problems with the upgrade

October --> Uptober

November --> Moonvember
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*HEAVY SIGH* So how many satoshi digits does this affect, if any? I believe BTC is delineated to .0000000001 BTC? I cannot count that high (low)_So what does this new fork of BTC do for them?

johnarb · Nov 16, 2021

Overnight said:
*HEAVY SIGH* So how many satoshi digits does this affect, if any? I believe BTC is delineated to .0000000001 BTC? I cannot count that high (low)_So what does this new fork of BTC do for them?
More...

It doesn't do anything to satoshis or existing bitcoins

Bitcoin upgrades, like Taproot, Segwit and others, are improvements on the Bitcoin (big B) software and protocol