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

[HairyMaclairy]

what is going on?
who is buying right now, and why?
For ETF, for the Koreans?

It’s because the MA is crossing on the daily. Buy the rumour, sell the news. It will go to shit once it properly crosses.  

[1696298585]

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[1696298585]

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[1696298585]

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[kurious]

Well if peace means surrender, including siding with Putin against the findings of the Republican controlled Senate Intelligence Committee, then yes. After all, there’s nothing wrong with cock sucking. I’m sure many find it quite tasty. I certainly hope my wife does.

Merited.  I think even the GOP is horrified.  In his own party there is speculation as to whether Putin has something on him. In a world of conspiracy stories and 'fake news', where do I file this?

And the EU is now a 'foe' of the United States.  Astounding.  I am sure most of my life I was taught the Americans were allies of Western Europe.  Should I consider going for some weapons training? I mean, a hell of a lot of Americans seem to be visiting places near where I live. There's even a US military base not so far away. 

And that is not ALL sarcasm. It's just you really couldn't make this stuff up.

[bitserve]

[Edited out]

what would be the point of arguing when jbreher already conceded that Schnorr signatures do "obviously reduce the size of txs that have multiple elements"?

The point would be to get caught up into the trees of irrelevance, and miss the forest.  

Sometimes enough is enough

Not with jbreher.  If you start to agree about the trees, then he will drag you down to the grasses in order that you even forget that there was a forest.  

Again, I got "Schnorr can obviously reduce the size of txs that have multiple elements".

Whatcha got?? 

[HairyMaclairy]

This guy wrote a random sea shell generator

https://twitter.com/bggoodell/status/1018925788647706624?s=21

[sirazimuth]

No I’m a leftie....

Well I’m a rightie myself,though unlike most righties who shoot from the left,
I’m like a leftie and shoot from the right.However, most righties bat from the
right and likewise,I do too,except when I look in the mirror, it’s all reversed!
Imagine that!
My goodness, isn’t the universe strange?!...

[lightfoot]

USA intelligence is the thing you distrust the most of anything.

No, I distrust Putin more than the USA intelligence. Just move the White House to Moscow already.

Don't worry, I'm sure the KGB will send over election "observers" to help out in November.....

[vroom]

This guy wrote a random sea shell generator

https://twitter.com/bggoodell/status/1018925788647706624?s=21

please explain what this is. I wasted my time drawing this quality image instead of searching for a definition.

[HairyMaclairy]

Haha I’m not sure my link is better

It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match.  A slight tweak to the address gives a sea shell that looks completely different.

[bitserve]

Haha I’m not sure my link is better

It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match.  A slight tweak to the address gives a sea shell that looks completely different.

Which doesn't mean it wouldn't be even easier to find "collisions" indistinguishable to the human eye in the seashell generation algorithm than it is to find a large enough collision to induce confusion in the string comparison. In fact, even if you only take the first four and last chars for comparison that can probably generate many look-alike seashells.

Original idea though, but if something like this was being used widespread and people started relaying just on the seashell look-alike comparison it would soon start to be exploited easily.

P.S.: On second though maybe not that easily depending on the complexity of the *3D* generation algorithm.

[vroom]

Haha I’m not sure my link is better

It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match.  A slight tweak to the address gives a sea shell that looks completely different.

that's a neat idea for comparing addresses. comparing only a part of the address is not really secure. thanks for the description.

[HairyMaclairy]

Haha I’m not sure my link is better

It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match.  A slight tweak to the address gives a sea shell that looks completely different.

Which doesn't mean it wouldn't be even easier to find "collisions" indistinguishable to the human eye in the seashell generation algorithm than it is to find a large enough collision to induce confusion in the string comparison. In fact, even if you only take the first four and last chars for comparison that can probably generate many look-alike seashells.

Original idea though, but if something like this was being used widespread and people started relaying just on the seashell look-alike comparison it would soon start to be exploited easily.

P.S.: On second though maybe not that easily depending on the complexity of the *3D* generation algorithm.

He discusses collisions in the Twitter string.  Anyway it’s just a POC atm.

[somac.]

USA intelligence is the thing you distrust the most of anything.

No, I distrust Putin more than the USA intelligence. Just move the White House to Moscow already.

And what would you prefer?

Another cold war with possibility of it turning into a hot war? or Peace between Russian and USA?

In my eyes peace is the preferable outcome. Not a debate about which intelligence service is more honest than another intelligence service (hint they are both dishonest). Stop being distracted by misinformation and focus on the important things. Such as a continued peaceful relationship between 2 very potentially dangerous countries.

The people of a country never gain anything from warlike behavior between nations. But, the rich and powerful do, think about that for a moment.

[somac.]

For anyone that has an opinion on Trump Putin meeting I would highly suggest reading this link

https://www.themaven.net/mishtalk/economics/mass-hysteria-vkQlQ1iuLEmF5S9-DqEx0A/

[vapourminer]

Haha I’m not sure my link is better

It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match.  A slight tweak to the address gives a sea shell that looks completely different.

that's a neat idea for comparing addresses. comparing only a part of the address is not really secure. thanks for the description.

wait.. wasnt one of the first currencies seashells?

the more things change the more things stay the same..

[shahzadafzal]

Why you need bitcoin reason#13577:

Your savings account should be called a “losings account”
3% inflation
2% interest
=>your savings lose 1% of their purchasing power every year

Twitter

[vapourminer]

or Peace between Russian and USA?

"sometimes peace is just another word for surrender"

Babylon 5

[RejectedBanana]

Comments on Cboe BZX (BTC ETF) Rulemaking

The Lord hath spoken:

Subject: File No. SR-CboeBZX-2018-040
From: Lord Bogdanoff
July 11, 2018

POMP EET.

The comments are piling up, but there is a several day lag before they are actually posted. A (very slow) human must be reviewing. I suspect a tsunami of comments is building up.

While the vast majority support the ETF, I managed to find a couple negative nancies:

Subject: File No. SR-CboeBZX-2018-040
From: Anthony Arcieri
July 11, 2018

A Bitcoin-backed ETF on regulated exchanges is a worrisome prospect due to ongoing "anomalies" in Bitcoin's price, which appear to be the result of price manipulation using methods which would be illegal on regulated exchanges, e.g. wash trading.

I would draw your attention to this study, which uses statistical methods to attempt to answer questions about whether Bitcoin's price was (and still is) being manipulated at the time of the price bubble at the end of 2017:

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066

While I would love to see a path towards creating ETFs out of digital assets in the future, I'm not sure it makes sense to create one out of something whose price is actively being manipulated.

Subject: SR-CboeBZX-2018-040
From: Muggeo Vincenzo
July 11, 2018

Goodmorning,

You have to pay close attention to Bitcoin and the products you want to authorize (ETF).

Most bitcoins (and other cryptocurrencies) are in the hands of a few exchanges that every day manipulate the market to speculate on projects and tokens that directly and indirectly manage.

This is the bitcoin rich list, you can see that the first 20 bitcoin owners are exchange and have most of the bitcoins in circulation:

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Many exchanges use "false dollars" to pump the price of bitcoins and other coins (theter !!!)

In addition, the processing of transaction data is carried out by a few centralized entities that can decide what, how much and how to move everything at any time, these are called miner, the biggest miner in the world is called https://www.bitmain.com (there have been many problems in the past and the risks are very high).

BEFORE AUTHORIZING ANY PRODUCT YOU NEED TO RESOLVE MANY PROBLEMS THAT ARE ON THE BACKGROUND.
PLEASE, DO NOT BECOME CAUSE OF A TRAGEDY!

Best regards,

Vincenzo Muggeo

[Phil_S]

No I’m a leftie.  Which means I want to disrupt the banks and break up the cozy corporatist monopolies and bust big pharma and big healthcare. We can start by dangerously giving free healthcare to poor people.

That's all fine. You can be a leftie for those reasons, but you don't have to buy into conspiracy theories like "Hillary lost because Russia hacked the election".

[Raja_MBZ]

[vapourminer]

so which future is the one where i own all the bitcoins?