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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25492348 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (158 posts by 14 users with 9 merit deleted.)
mOgliE
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December 06, 2018, 03:58:28 PM


The value was not spend. I saw the address few months ago and it was intact. I don't want tk find it now but someone posted in a topic few time ago.
6kBTC not sold still in wallets?

Theymos is really rich as fuck XD
You don't need more than 20 BTC to make the best forum ever right now
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2fa is a dream which will never come true. However it would generate a lot of problems too, as people would soon be crying about losing their Google authenticatior...

Which is actually a bit of a problem...
I've always found GA to be a little obscure on how to retrieve your infos if you lost your phone or it suddenly stops working.

But don't really see the point of 2FA on the forum though Oo
Not like there is BTC stored here. And hacking an account has 0 value as it would soon be tagged as stolen.
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QuestionAuthority
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December 06, 2018, 04:00:18 PM

^ My theory is that there was a bonafide intention to create that new forum software but the development never reached a satisfactory result. Probably many of those initial 6000BTC (is this a completely confirmed exact amount btw?) were spent along the path at prices WAY lower than todays.

IIRC there was also a good chunk that got "lost" when one of the custodians died.

In other words: Shit happens.

Why the feeling that a new forum software was needed is something I don't know as it is a subject I have never been really interested in.

Anyways, at this point I am completely speculating with no base tbh.

The 6000 btc is a pretty solid number that can be confirmed from multiple sources. Even if you just go by the old list of doners it’s in the 3000 range with another 3000 coming from advertisers. Parapan was only holding 200 btc when he “died”. You’re right shit does happen. TBH I don’t really care about the forum software anymore either. There are too many other sources of bitcoin info now and this forum (with the exception of this thread) is nothing more than an altcoin bounty advertising medium. Speculation is fun sometimes though. Isn’t that what everyone is doing here, speculating? LOL
Hyperjacked
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December 06, 2018, 04:04:18 PM

Wow crypto has taken a dump  Shocked Shocked Shocked Cool
Not sure when to rebuy but we might be getting close IMHO  Wink
Maybe when ppl lay off the full panic mode toilet flush Cool
Cheers Bitcoinland
tmfp
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December 06, 2018, 04:04:29 PM

The next few hours will be crucial.tm

Given the weakness in equities, I'm a bit disappointed that there doesn't appear to be any "safe haven" hedging role for Bitcoin.
bitmover
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December 06, 2018, 04:05:58 PM

Which is actually a bit of a problem...
I've always found GA to be a little obscure on how to retrieve your infos if you lost your phone or it suddenly stops working.

Google authenticatior (ga) is not obscure about anything. They clearly state at their website that if you lose your phone, it is over. There is no backup or anything. It is safer, because it cannot be hacked... So safe that even you cannot access if you lose it.

What you can do is use Authy instead of GA, which is backed up in a cloud... It is less secure, as it can be hacked.

More information here

https://bitcointalk.org/index.php?topic=3178131.0

Quote
But don't really see the point of 2FA on the forum though Oo
Not like there is BTC stored here. And hacking an account has 0 value as it would soon be tagged as stolen.


Those accounts are valuable.
They do not hold BTC, but they may have sentiment value... They also have can be used to earn BTC through campaigns/bounties. They also carry your reputation, as some of those accounts have holder hundreds of BTC as escrow or something like that .. some also are used by professional developers..

So, those accounts should be more protected in my opinion.
bitserve
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December 06, 2018, 04:09:52 PM

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.
willope
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December 06, 2018, 04:11:30 PM

It's been ages since the last time I came to this forum.

So, first question:
Where the hell is Kwuckduck in times of total market capitulation? lol

And then, I've an important advice to everyone. Yes, a trading advice: DON'T PANIC!
And if you're feeling that you have to panic sell, go out, meet your friends, drink a beer(bear) and have sex with your girlfriend.
And then go to sleep.

First: welcome back

Second: This advice doesn't concern only panick sellers but everyone in fact  Cheesy
Thanks buddy.

So, when is the $100 000 WO party and where? I pay the subway ticket for the bears.
mOgliE
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December 06, 2018, 04:11:55 PM

Google authenticatior (ga) is not obscure about anything. They clearly state at their website that if you lose your phone, it is over. There is no backup or anything. It is safer, because it cannot be hacked... So safe that even you cannot access if you lose it.

What you can do is use Authy instead of GA, which is backed up in a cloud... It is less secure, as it can be hacked.

More information here

https://bitcointalk.org/index.php?topic=3178131.0
Which means if you implement GA you need a recovery option satisfying everyone and most plateform I know have a dedicated support team, the forum isn't going to get that ^^
Quote

Those accounts are valuable.
They do not hold BTC, but they may have sentiment value... They also have can be used to earn BTC through campaigns/bounties. They also carry your reputation, as some of those accounts have holder hundreds of BTC as escrow or something like that .. some also are used by professional developers..

So, those accounts should be more protected in my opinion.
I don't know... The value drops to 0 as soon as you make a new account to claim yours was stolen... It's red tagged immediately then you force recovery by signing a message with a previous adress then you remove the red...
It takes time for sure but it makes any hacking obviously unprofitable
toknormal
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December 06, 2018, 04:14:11 PM


Stay sane in times of turbulence with the fair value chart.



...and some consoling empathy from the stockmarkets Wink


bitmover
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December 06, 2018, 04:18:36 PM

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.

Have you ever tried to fuking writing down this crazy GA seed ? It's not like a recovery phrase with 12 words... Looks much more like an address.

I have dozens of 2fa seeds, if I had to write all of them I would be fuked up.
empowering
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December 06, 2018, 04:19:32 PM

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.

Another option is simply snapshotting the initial 2fa code and installing it on multiple devices, and having one (or three)  tucked away somewhere..... safe...


kingcolex
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December 06, 2018, 04:22:55 PM

The next few hours will be crucial.tm

Given the weakness in equities, I'm a bit disappointed that there doesn't appear to be any "safe haven" hedging role for Bitcoin.
Not going to get that when it's been dropping like a lead balloon for the last year.
bitserve
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December 06, 2018, 04:24:36 PM

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.

Have you ever tried to fuking writing down this crazy GA seed ? It's not like a recovery phrase with 12 words... Looks much more like an address.

I have dozens of 2fa seeds, if I had to write all of them I would be fuked up.

Yes, I have. At least for the important stuff, like exchanges and the like. Writing down a 12 words recovery phrase takes much longer btw.

I would feel fucked up if I didn't have a backup. #DYOR
VB1001
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December 06, 2018, 04:28:01 PM

OMG what a dumpster fire shit show. Everyone involved should be ashamed. This is NOT how Bitcoin wins hearts and minds of the public, quite the opposite. These fkn idiots need to grow up.

https://breakermag.com/trapped-at-sea-with-cryptos-nouveau-riche/

We will not go far with people like these, it hurts the bad image they give to the world of cryptography, mainly to bitcoin  Huh
bitmover
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December 06, 2018, 04:29:57 PM

I would feel fucked up if I didn't have a backup. #DYOR

Well, that's right. I just use a different back up method. Authy.

Your method works well too.
Mpamaegbu
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December 06, 2018, 04:34:31 PM

The next few hours will be crucial.tm

Given the weakness in equities, I'm a bit disappointed that there doesn't appear to be any "safe haven" hedging role for Bitcoin.
What about tethering it? I would rely on USDT if I felt btc would dip. That's my strategy and I think it's a safe Haven.


Yes, I have. At least for the important stuff, like exchanges and the like. Writing down a 12 words recovery phrase takes much longer btw.

I would feel fucked up if I didn't have a backup. #DYOR
I solidly prefer the 12 seed phrase words to the GA. It keeps my kind at rest against any malfunctioning app or lost by.
kingcolex
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December 06, 2018, 04:38:51 PM

You know shits going down when all these strangers come asking questions. Price must be about to tank today.
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December 06, 2018, 04:39:40 PM

How much the BTC futures have to do with this decline from ATH to this level?
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December 06, 2018, 04:39:52 PM

Quote
The decision stated that the assets being traded by Orionx, including ETH, XRP, LTC, and BTC, lacked physical manifestation and had “no intrinsic value,”

These guys are rocket scientists.  Who could have possibly guessed shitcoins are imaginary, valueless tokens pumped to the stratosphere through manipulation, miles above their actual value of zero.  Have fun with that 100% seigniorage fee since the bottom can drop out of cost of production at any second unlike real, physical assets like metals:

https://steemit.com/money/@r0achtheunsavory/the-r0ach-report-23-the-achilles-heel-of-cryptocurrency-economic-fundamentals-seigniorage-fee
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December 06, 2018, 04:46:49 PM

The walls to be observed

https://www.nasdaq.com/press-release/unitedcorp-launches-suit-against-bitmain-bitcoincom-roger-ver-kraken-bitcoin-exchange-and-others-20181206-00743
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