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4601  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2019, 05:49:47 PM
^
Ok, if you can not enter, tell me and I'll send it to you.

Geoblocked for the UK and Australia for legal reasons.
4602  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2019, 05:43:15 PM
You really say it, can not you see it?

if you want I can copy and paste on a quote.

I cannot. It says error 1020 access denied.

It sounds like it might be long so I'll wait until it lets me in.
4603  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2019, 05:27:15 PM
Extensive but interesting article to understand all this. Wink

It won't let me view it, citing online attack protection. Is Craigy inside my computer?
4604  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: May 09, 2019, 05:19:26 PM

What a complete and utter non article. It reads like a bot puked it out in 2016.


I don't remember the exact price, but I got out in early 2018 and was ridiculed. Just got tired of waiting for Catapult, and seeing all the money being spent on global travel, trinkets, but no additional money to build out the dev team... and when Lon and Jeff called it quits, I knew it was time to bail out. No regrets.

I doubt Lon has any regrets either.

The previous administration squandered whatever opportunities they had. The new one has this year to pull it back. If they don't then the fun may be over for good. I retain an open mind.

The main problem is that even if they fulfil all the technical and structural demands, how do you make everyone else give a shit? It's never managed sustained interest or visibility. It's going to need to fire a rocket up every arse and I'm not sure how that can be done.

I guess the prospect of a whole new set up is the strongest possibility. It's also the final one.
4605  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2019, 10:36:16 AM
the appliances and light switches look american, but other than that iŽd say london...  Cheesy

That's too luxurious for London.

These days you have to pay more than the average annual salary to hot bunk on your landlord's toilet. And he'll reserve the right to piss on you to save water.
4606  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 11:35:02 PM
Hit $5,990 on GDAX

Hmm. I well remember $19,990 and $9,990 on there as well. Then more poo came out.
4607  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Traditional Payment Processors on: May 08, 2019, 10:59:30 PM
A merchant can't afford to accept crypto only when everyone below them wants paying in fiat. You need manufacturers, suppliers and the creators of raw materials to accept it too.

As for users there is no incentive to buy any in the first place just to shop. When you have it it's the last thing you want to spend.
4608  Economy / Exchanges / Re: Binance hacked AND proven to be wash trading on: May 08, 2019, 08:49:33 PM
Have they already publicly stated the method by which they'll be filling in this loss, btw?

They're paying it out of their own pocket.

https://bitcoinexchangeguide.com/hacked-2-of-binances-btc-holdings-will-be-covered-in-full-by-safu-funds-withdrawals-halted/


I think that the main thing that attracted people to Binance wasn't the fact that their funds are more secure in there or anything, but the fact that they had the most liquidity for any exchange that allowed semi-anonymous accounts to be registered. People simply don't want to go through the hassle of having to verify themselves on exchanges.

It seems a little strange to me that you'd confine yourself to one exchange and a limited sum to avoid KYC.
4609  Economy / Exchanges / Re: Binance losing 7000 BTC and the consequences of a ROLL Back on: May 08, 2019, 08:34:37 PM
So, there is an element of cognitive dissonance here and sadly, that's what this boils down to. Do you support free markets -- where miners can reorg the blockchain based on free market incentives -- or do you think these "hardliners" can and should pressure miners into ignoring short term market incentives in favor of their desired outcome?

There are short term incentives and then there's the overall incentive for it to remain viable long term.

I have no doubt many miners know little to nothing about what they're actually dealing with, or care. All they're doing is turning electricity into fiat. If such an opportunity did come up I'm sure more than a few would consider it.

There would be other miners and almost every node operator and developer and user doing everything possible to defeat them.

A reorg like this only benefits Binance and whoever they recruit. Why would anyone who is not Binance or being paid by Binance do anything other than go all out to stop them? If one company succeeded a million would attempt the same thing.
4610  Economy / Service Discussion / Re: Lack of Bitcoin debit card providers on: May 08, 2019, 07:18:42 PM
Can you please share your experience regarding the Wirex debit card? How much fee is required per withdrawal? Is it accepted by PayPal and other payment providers without any additional verification?

Thread here - https://bitcointalk.org/index.php?topic=1392468.0

Fees here - https://wirexapp.com/help/article/wirex-fees-0077

I've paid for Ebay buys through Paypal with it and it was fine. It's just another Visa card to them. Every site and shop I've used it with went through fine. That certainly wasn't the case with my old Xapo card.
4611  Economy / Exchanges / Re: Binance losing 7000 BTC and the consequences of a ROLL Back on: May 08, 2019, 06:51:44 PM
that's the typical hardliner/maximalist stance but it's not well-evidenced. we have no idea how it would turn out. like it or not, the game theory around proof of work is not fully understood or set in stone. a lot of maximalists wouldn't want a post-coordinated-reorg bitcoin to survive, but i also think a lot of them are horrible at reading markets and would be 100% wrong about bitcoin's viability after such an event.

It's all still waiting to be figured out, but BTC has the job of upholding crypto's principles in a way others don't.

It's like royal brothers. The one waiting to be king has to be a stiff. All the other ones are free to go and fuck winos in the eye socket. No one cares what they do.

If Bitcoin ever did this many would leave crypto all together and never bother returning. If it can be coaxed into doing it that means everything else can and will if it suits people who are rich, powerful or persuasive enough. It would be back to square one with a whole lot of money, effort and energy wasted along the way.

Immutability and decentralisation will ALWAYS be attacked as hard as possible by tossers who want short cuts. The people resisting know perfectly well that that's its only real value proposition.
4612  Economy / Trading Discussion / Re: Cryptocurrency Exchange Graveyard - NEED HELP on: May 08, 2019, 04:50:10 PM
interesting how? I dont see the point of such a graveyard list.. someone please let me know..

To learn.

Which is why this 18 month limit makes no sense at all. Many of the saddest, silliest and juiciest stories are from ancient history.

Also some like Bter have come back with different names. Quite often people seem totally unaware of a resurrected exchange's previous.
4613  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 02:42:40 PM
Better a mistake than a true blue hack, it means their security is more solid than thought.

Makes little sense for them to lie about it being a hack rather than a mistake. And it looks like coins have already moved from those supposedly unspendable bc1 addresses.

Original hack - https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea

The first bc1 address on there has been emptied - https://chainz.cryptoid.info/btc/address.dws?bc1qp6k6tux6g3gr3sxw94g9tx4l0cjtu2pt65r6xp.htm

4614  Economy / Exchanges / Re: Binance losing 7000 BTC and the consequences of a ROLL Back on: May 08, 2019, 01:39:18 PM
An impartial and unemotional take here about how a reorg might be put together - https://twitter.com/AriDavidPaul/status/1126071394545090560

The person initiating it would have to make sure miners got more profit out of it than the status quo. Even the stupidest miner would hopefully realise they're devaluing everything, possibly permanently or even fatally.

I find it amazing that after all that's been learnt people at least half familiar with the whole thing could conceive of it being an idea worth exploring. At the same time it's a reminder that immutability is not automatic and has to be protected and maintained.

4615  Economy / Service Discussion / Re: Lack of Bitcoin debit card providers on: May 08, 2019, 12:53:33 PM
So far Wirex and Bitwala have been the only one to be able to recover the Wavecrest fiasco, after months and months of bureaucracy and a lot of money.

As ever it's the crypto bit that's easy. As soon as it hits conventional finance it becomes much, much harder.

It looks like Wirex and Bitwala have negotiated exclusive partnerships that must have taken quite a bit of convincing to secure.

I think people are expecting another Wavecrest, who clearly didn't a give a shit, to start issuing again to anyone who likes the idea. Not gonna happen.
4616  Economy / Service Discussion / Re: Lack of Bitcoin debit card providers on: May 08, 2019, 09:11:17 AM
I believe that since then they have never updated their page on their site. I mean they may still haven't a new card provider. It's what I guess since the page doesn't even say if the card is a Visa or Mastercard.

All of the info out there needs cleaning up. There's so much old information on sites seeking clickbait as well as the card non providers themselves. If you can't be bothered to look a little deeper you'd think there were still plenty of cards available.

I guess it pays for these sites to lure users in without stating that they don't have a card to offer them.
4617  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 08:29:21 AM
CZ...you said safu?   Huh


apparently the hot wallet at Binance lost 7k corn...ouch.

Glad that they don't want a BTC rollback... Undecided

That would be ******.

A consensuses for such a rollback would be madness. Every stupid fuck could demand a rollback for a lost wallet if they would allow it in this case.

Indeed, I doubt that they would have been able to if they tried. This further illustrates the necessity of further distribution of the hash power and why centralisation is a bad thing when it comes to BTC.
I would be happier if we had further diversification in the hash power.

Can't believe that fucking fool even said it out loud. I think he's marked himself as someone who'll turn into yet another dedicated enemy of BTC eventually with this. He has all the hallmarks.
4618  Economy / Exchanges / Re: Binance hacked AND proven to be wash trading on: May 08, 2019, 08:03:11 AM
Binance is still one of the greatest crypto exchange ever

I have never understood the reverence binance attracted and still don't. And the guy in charge tweeting about researching doing a reorg of the bitcoin Blockchain to claw back his poxy money is a glaring demonstration of his lack of understanding and egomania.

It astounds me that anyone who's spent more than five minutes reading about BTC believes it's a viable idea. If you weren't sceptical about them before you should be now.

https://www.coindesk.com/binance-may-consider-bitcoin-rollback-following-40-million-hack
4619  Economy / Speculation / Re: Will transaction fees get in the way of the bull run? on: May 07, 2019, 10:54:57 PM
I don't think that would be much of a problem now with the maturity of LN though I must admit that only a handful in the community have actually used the said off-chain service.

LN is still a curio and will be for quite a while yet. Most people don't regard it as BTC seemingly.

The difference between now and 2017 is that Bitmain isn't spamming. Recent transaction volumes have matched that period and fees have remained realistic. Maybe Calvin and Craigy are next up for BTC spamming.

The real deep pockets won't give a shit what a transaction costs. Retail stock market traders are used to paying several dollars per move. No one cares what the deadbeats who want to pay for their cuppa with it think.
4620  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will alts really die once BTC starts climbing unbelievable highs? on: May 07, 2019, 09:51:57 PM
No.

Hope, or rather greed and delusion, springs eternal. The higher and more dominant BTC gets, the more shit there'll be scrabbling in the mud claiming its turn is next. In terms of shitcoins we ain't seen nothing yet.

There's a near infinite supply of the stupid and greedy. Shitcoinland may go deeper into obscurity. It's never going away.
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