Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Spaceman_Spiff]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability.  
They don't say this will break bitcoin, just that it can be a portal to install malware.

lol, no. nonoononono.

Did I misread?  Please correct me then.  

See comments. Not a real threat.

https://securelist.com/blog/research/69488/blockchain-technology-abuse-time-to-think-about-fixes/

What, it's not executable?  Then what the fuck are they writing about.  Jezus.  
EDIT: I thought they had found some ingenious way to make bitcoin software execute malware, turns out it is just some dipshit who wants media attention doing nothing at all.

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[hdbuck]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

March 2015

Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability.  
They don't say this will break bitcoin, just that it can be a portal to install malware.

lol, no. nonoononono.

Did I misread?  Please correct me then.  

See comments. Not a real threat.

https://securelist.com/blog/research/69488/blockchain-technology-abuse-time-to-think-about-fixes/

What, it's not executable?  Then what the fuck are they writing about.  Jezus.  
EDIT: I thought they had found some ingenious way to make bitcoin software execute malware, turns out it is just some dipshit who wants media attention doing nothing at all.

just look at the author's profile picture



fucking movie star!

[aztecminer]

You've been Four Punch Raided, boys and girls.

that wasn't that great of a raid.. i call do overs.

okey dokey. Next crash coming up.

a punch through 360 might send us on through 350..... although that is complete speculation .. i have no idea what would happen if we punched through 360...

what i really think though is we will stay in range above 350 while they dork around with blockchain fixes.

[ChartBuddy]

Coin



Explanation

[CuntChocula]

... although that is complete speculation .. i have no idea what would happen if we punched through 360...

Rain toads; mothers will eat their young; 2MB blocks.
The End

[yefi]

Another two or three weeks of downtrend likely before this turns. Then we will see if the rebound attains new stature or fizzles out.

Still think we will see an uptrend going into July, but I guess I have been wrong before

[ChartBuddy]

Coin



Explanation

[jbreher]

Scary...  http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain

I might get scared if a credible report is made. This article is weak. No description of the nature of the exploit. Oh - but any computer that 'is connected to the blockchain' can be affected. WTF does 'connected to the blockchain' even mean?

[rdnkjdi]

I opened a big leveraged short at 394.  I don't see how things are going to go up until the block size debate is resolved.  Or at the very least there is no longer a looming threat of a hard fork.  

This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).

Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.

I do live in eternal fear of core announcing 2mb blocks and losing it all.  But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.

[jbreher]

You've been Four Punch Raided, boys and girls.

Google turns up four results for "four punch raid". Wanna ELI5?

[BlindMayorBitcorn]

You've been Four Punch Raided, boys and girls.

Google turns up four results for "four punch raid". Wanna ELI5?

Is it SFW?

[ChartBuddy]

Coin



Explanation

[ImI]

I opened a big leveraged short at 394.  I don't see how things are going to go up until the block size debate is resolved.  Or at the very least there is no longer a looming threat of a hard fork.  

This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).

Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.

I do live in eternal fear of core announcing 2mb blocks and losing it all.  But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.

core is divided in itself. some part of it including gmax and luke will eventually stay at 1MB even after a successful 2MB fork and do their own thing. obv they still will call themselves "bitcoin" no matter how tiny their marketshare will be. one other part (and i think the by far bigger) will simply be pragmatic and switch to 2MB and thats it.

[nioc]

For anyone not having seen Lagarde from the IMF @ Davos 2016 yet, take a few minutes to listen. They sure are not laughing anymore, even when knowing how tiny little Bitcoin currently is. The cat is out of the bag and they know it:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=242

Virtual currencies mentioned, check
Blockchains mentioned, check
Bitcoin NOT mentioned, check

Crime, money laundering and terrorism mentioned, check
Financial chaos mentioned, check

An honarable mention of mentioning, they just started to look at it and really don't understand it.
Yet they are sure of what they mentioned.


The following is not a paid signature.......

[DaRude]

You've been Four Punch Raided, boys and girls.

Google turns up four results for "four punch raid". Wanna ELI5?

Is it SFW?

Just something that Billy came up with
https://bitcointalk.org/index.php?topic=956051.0

[pleaseexplainagain]

You've been Four Punch Raided, boys and girls.

Google turns up four results for "four punch raid". Wanna ELI5?

as i understand it,  it is adapted from boxing.
essentially anyone that wants to make something stop or change direction or punish etc hits the target in a planned and very heavy way and it usually is very effective at getting the outcome they want. just as in boxing if you hit your opponent with 4 consecutive punches in a matter of seconds you will have them in real trouble.

[coins101]

I opened a big leveraged short at 394.  I don't see how things are going to go up until the block size debate is resolved.  Or at the very least there is no longer a looming threat of a hard fork.  

This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).

Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.

I do live in eternal fear of core announcing 2mb blocks and losing it all.  But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.

jk

[BlindMayorBitcorn]

You've been Four Punch Raided, boys and girls.

Google turns up four results for "four punch raid". Wanna ELI5?

Is it SFW?

Just something that Billy came up with
https://bitcointalk.org/index.php?topic=956051.0

We sure it isn't a sex thing??

[DaRude]

I opened a big leveraged short at 394.  I don't see how things are going to go up until the block size debate is resolved.  Or at the very least there is no longer a looming threat of a hard fork.  

This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).

Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.

I do live in eternal fear of core announcing 2mb blocks and losing it all.  But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.

jk

I actually laughed 

[ChartBuddy]

Coin



Explanation