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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 28, 2018, 11:17:16 PM
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First official day of retirement.
Woke up. Not sure what day it was.
Rick texted me and is totally fucking jelly that I'm a free man.
Already on beer #4.
Think I'm going to take a nap after this beer.
*yawn*
Fuck this downward-sideways bullshit. $11k is being a whore.
EDIT: ... although if mempool activity is any indicator, we're shaping up for a bullish afternoon/evening.
Congrats! Hoping to be in the same boat sometime this year if last year's trend continues.
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11
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Bitcoin / Wallet software / Re: Wallet Seed (forgetting one word , Am I Screwed?)
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on: December 23, 2017, 03:42:26 AM
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Basic maths would suggest that there are 22 positions (as you think not the first or last word)... and 2025 word possibilities (most wallets don't re-use seed words). The seed on one of my eight nano’s did pick for me a seed with the same word used twice, sequentially. So it’s a rare possibility.
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15
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Economy / Speculation / Re: What'll happen when USDT collapses?
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on: November 21, 2017, 03:36:28 PM
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Bitfinexed was on LIVESTREAM last night debating the issue. Contenders: Bitfinexed, Jimmy Song, Tone Vays (vs) Flibbr, and BTCVIX TLDR Takeaways: - Tether not being created out of thin air. Tether issued upon deposit of the dollar. Huge investor(s) with wiring issues make deposit arrangement to Bitfinex. After deposits, Bitfinex creates respective tether. Notice, the huge spike in tether happened once the bull market started picking up and hitting mainstream media.
- It would be highly unintelligent to create fraudulent tether in a fully public blockchain.
- Friedman LLP balance sheet audit matched $400mm in bank account to 400 teather at the time. They make about $1mm in fees each day.
- Charts show no direct correlation between tether & price spikes.
- If there is possible Fraud, the market would price in $1 USDT at less than $1 USD.
- There is no proof that Bitfinex is have withdrawal problems, no complaints anywhere.
- Tone Vays has an awesome haircut
"Bitfinexed on why Bitfinex is in trouble - Off Chain Live 2017.11.20" https://www.youtube.com/watch?v=TerIjELO7IY
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