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Question: October Closing Price:
<$59,000 - 2 (11.8%)
$59,000-$60,000 - 0 (0%)
$60,001-$61,000 - 0 (0%)
$61,001-$62,000 - 0 (0%)
$62,001-$63,000 - 1 (5.9%)
$63,001-$64,000 - 3 (17.6%)
$64,001-$65,000 - 2 (11.8%)
$65,001-$66,000 - 2 (11.8%)
$66,001-$67,000 - 0 (0%)
$67,001-$68,000 - 1 (5.9%)
>$68,000 - 6 (35.3%)
Total Voters: 17

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25467054 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. (157 posts by 13+ users deleted.)
JayJuanGee
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February 04, 2019, 01:16:15 AM

Currently, I am think that it is going to be pretty likely that I will be taking some BTC with me when I die, but ideally would be to spend every last satoshi by the time I take my last breath, and second best scenario would be to be able to bequeath anything that I happen to have by then (hopefully not too much, by then.. hahahaha).

First dibs on the dead man's bitcoins.

Apart from the one idea about attempting to spend as many bitcoins as possible before death, there's going to be a lot of this loss of coins through death happening, which is a little bit problematic for intergenerational maintenance and passing down of value... even though the overall loss of coins is bullish on the BTC price due to increased scarcity.
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JayJuanGee
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February 04, 2019, 01:22:48 AM

If there is a god I'm sure he would be hated for all the JayJuanGee posts he allowed to be created.

Hm?  I wonder whether my posts or your posts would be measured as more valuable for society?  Since I tend to attempt to be helpful and to be honest with information (without attempting to spin or mislead people), I would think that my posts would be measured as more valuable to society than yours.  Also, your racial animosity is not likely to help you, either, except for, perhaps, with very bitter, anti-social and filled-with-hate people.   So comparatively speaking, I doubt that you are in a good place of moral judgement.
bitserve
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February 04, 2019, 01:23:11 AM

Forker!

We used to lapidate people to death for much less heresy than that!

I wouldn't worry about this fork. This fork only has one wearer while xhomerx original fork has many more wearers. My fork will be easily 51% attacked. Also, xHomerx original fork now has cool 3d features as well as transparent mode. Also, I don't think the main developer of the fork that I am on is interested in continuing the project.

Looks like the usual exit scam to me.
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February 04, 2019, 01:26:46 AM

QuadrigaCX chain analysis initial findings:

Quote
Brief Summary of Findings

Below are the findings made by the author of this report:

It appears that there are no identifiable cold wallet reserves for QuadrigaCX.

It appears that QuadrigaCX was using deposits from their customers to pay other customers once they requested their withdrawal.

It does not appear that QuadrigaCX has lost access to their Bitcoin holdings.


It appears the number of bitcoins in QuadrigaCX’s possession are substantially less than what was reported in Jennifer Robertson’s (wife of allegedly deceased CEO and Owner Gerry Cotten) affidavit, submitted to the Canadian courts on January 31st, 2019.

At least some of the delays in delivering crypto withdrawals to customers were due to the fact that QuadrigaCX simply did not have the funds on hand at the time. In some cases, QuadrigaCX was forced to wait for enough customer deposits to be made on the exchange before processing crypto withdrawal requests by their customers.

After completing the analysis, it is the author’s opinion that QuadrigaCX has not been truthful with regards to their inability to access the funds needed to honor customer withdrawal requests. In fact, it is almost impossible to believe that this is the case in lieu of the empirical evidence provided by the blockchain.

https://medium.com/@zeroresearchproof/quadrigacx-chain-analysis-report-pt-1-bitcoin-wallets-19d3a375d389





bitserve
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February 04, 2019, 01:27:08 AM

Currently, I am think that it is going to be pretty likely that I will be taking some BTC with me when I die, but ideally would be to spend every last satoshi by the time I take my last breath, and second best scenario would be to be able to bequeath anything that I happen to have by then (hopefully not too much, by then.. hahahaha).

First dibs on the dead man's bitcoins.

Apart from the one idea about attempting to spend as many bitcoins as possible before death, there's going to be a lot of this loss of coins through death happening, which is a little bit problematic for intergenerational maintenance and passing down of value... even though the overall loss of coins is bullish on the BTC price due to increased scarcity.

If Bitcoin really succeeds on major scale, be sure many people will be using third party custody services. One of them is easing heritage processes.
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February 04, 2019, 01:34:38 AM

Hm?  I wonder whether my posts or your posts would be measured as more valuable for society?  Since I tend to attempt to be helpful and to be honest with information

Your posts are self serving lies to try and hype a pump and dump scam you're invested in.  I've already spelled out how all this stuff works in this thread where any caveman or child can understand it and you know none of your lies hold up weight to that truth yet you still spam the lies over and over.  This is why I'm not a shitcoiner.  I'm not able to sit here in your circle jerk of lies like some demon from the 9th planes of hell where everything out of your mouth is false.
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February 04, 2019, 01:36:00 AM

Forker!

We used to lapidate people to death for much less heresy than that!

I wouldn't worry about this fork. This fork only has one wearer while xhomerx original fork has many more wearers. My fork will be easily 51% attacked. Also, xHomerx original fork now has cool 3d features as well as transparent mode. Also, I don't think the main developer of the fork that I am on is interested in continuing the project.

Looks like the usual exit scam to me.

Yes, it appears that I will be left holding the bag wearing the hat with this one.
bitserve
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February 04, 2019, 01:39:46 AM

QuadrigaCX chain analysis initial findings:

Quote
Brief Summary of Findings

Below are the findings made by the author of this report:

It appears that there are no identifiable cold wallet reserves for QuadrigaCX.

It appears that QuadrigaCX was using deposits from their customers to pay other customers once they requested their withdrawal.

It does not appear that QuadrigaCX has lost access to their Bitcoin holdings.


It appears the number of bitcoins in QuadrigaCX’s possession are substantially less than what was reported in Jennifer Robertson’s (wife of allegedly deceased CEO and Owner Gerry Cotten) affidavit, submitted to the Canadian courts on January 31st, 2019.

At least some of the delays in delivering crypto withdrawals to customers were due to the fact that QuadrigaCX simply did not have the funds on hand at the time. In some cases, QuadrigaCX was forced to wait for enough customer deposits to be made on the exchange before processing crypto withdrawal requests by their customers.

After completing the analysis, it is the author’s opinion that QuadrigaCX has not been truthful with regards to their inability to access the funds needed to honor customer withdrawal requests. In fact, it is almost impossible to believe that this is the case in lieu of the empirical evidence provided by the blockchain.

https://medium.com/@zeroresearchproof/quadrigacx-chain-analysis-report-pt-1-bitcoin-wallets-19d3a375d389







Cryptoponzi.
JayJuanGee
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February 04, 2019, 01:41:20 AM

^IMO Gentlemand is probably the #1 garbage poster in this thread.  He has some dumb Howard Stern routine where he just says deranged, Jewish pornographic industry type stuff over and over.  The purpose of Howard Stern is  just to try and cause moral decay and collapse of the civilization he spams.  Standard Protocols of the Elders of Zion BS.  Odds of Gentlemand being a kike are pretty high.  If not he's an idiot and just emulates them for no reason and doesn't even know what he's doing.

You are on a roll, roach.

Seems to be a strategy, just drop names to get some attention.   Roll Eyes Roll Eyes
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February 04, 2019, 01:42:24 AM

https://twitter.com/ProofofResearch/status/1090527731278852096
he's on a crusade that guy that did the quadriga report


also hd wallets are stupid
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February 04, 2019, 01:45:21 AM

https://twitter.com/ProofofResearch/status/1090527731278852096
he's on a crusade that guy that did the quadriga report

Wait, that post says:

"3. Bitfinex has not honored withdrawals for MONTHS. "

Is this true?  I haven't kept up with the completely fraudulent scam exchange known as Bitfinex lately.
JayJuanGee
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February 04, 2019, 01:46:19 AM


I am a little bothered by the way some bitcoin folks have perverted the original statement that really came from Ronald Reagan, which was "trust but verify."  The current bitcoin maximalist statement that is circulating around, including coming frequently out of the mouth of Max Hillerand is "don't trust verify," which to me says something quite different from the "original": "trust but verify."
Entirely agree. You can easily trust someone, because you verify.

I think the phrase is ok. Using Bitcoin you don't need to trust, you just verify. Persons, you trust... but verify just in case you need to remove that trust.

I mean, I don't trust you sent me a tx.... I just verify you in fact did. There's no trusting needed there, just directly verifying.

I don't really have a problem with the statement, "don't trust, verify" - especially when it comes to bitcoin matters.  I am just a bit bothered by the possible perversion of a historical reference of the Reagan statement of "trust but verify" that meant something else in that other context (in which he was referring to his talks with then Russian leaders).  So, perhaps I am just being too picky, merely because of the different historical origins of that particular statement.
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February 04, 2019, 01:57:49 AM

https://twitter.com/ProofofResearch/status/1090527731278852096
he's on a crusade that guy that did the quadriga report


also hd wallets are stupid

I better pull that 1 ETH that I still have on Bitifinex off... 


Care to expand re HD wallets?
JayJuanGee
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February 04, 2019, 01:58:12 AM

https://www.dailymail.co.uk/news/article-6661167/1-American-killed-1-injured-gunmen-Acapulco.html
A sad business, crypto-anarcho related, but too cloud-cuckooland in the end.

From the description in the article, it seems that the John Galt that got shot and killed is the same one who is fairly famous in the bitcoin community (including being a guest on podcasts).  For example, when he attended the anarchopulco conference, there was a recent one (I believe either late 2017 or early 2018) in which he debated several bcash supporters, and Galt was the only bitcoin maximalist defending the bitcoin position against the bcashers.
JayJuanGee
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February 04, 2019, 02:15:45 AM

Hm?  I wonder whether my posts or your posts would be measured as more valuable for society?  Since I tend to attempt to be helpful and to be honest with information

Your posts are self serving lies to try and hype a pump and dump scam you're invested in.  I've already spelled out how all this stuff works in this thread where any caveman or child can understand it and you know none of your lies hold up weight to that truth yet you still spam the lies over and over.  This is why I'm not a shitcoiner.  I'm not able to sit here in your circle jerk of lies like some demon from the 9th planes of hell where everything out of your mouth is false.


Oh my!!!!!

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February 04, 2019, 02:24:40 AM

Peter Vessenes is such an incredible a..ho.e .  claiming 25% of btc marketcap, what a shitshow.

It's almost like he's trying to be openly obtuse. The Japanese court ought to instantly reject these claims, but the incredibly bureaucratic nature of things probably means claimants will be waiting years now.

So the plot thickens. Apparently, under Japanese law standard practice is to accord 50% voting rights to rejected claims. That means CoinLab would hold majority voting rights and could veto CR taking everyone back to bankruptcy. It has been suggested that this may be a means for Vessenes to extract a favourable settlement for his claims which he knows stand on weak ground.
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February 04, 2019, 02:24:48 AM

That economy though:

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February 04, 2019, 02:44:50 AM

Apart from the one idea about attempting to spend as many bitcoins as possible before death, there's going to be a lot of this loss of coins through death happening, which is a little bit problematic for intergenerational maintenance and passing down of value... even though the overall loss of coins is bullish on the BTC price due to increased scarcity.

It's a dilemma. Do you relinquish control and permit your funds to be spent without your express permission, or do you maintain that control but recognise that your stash will die with you.
HairyMaclairy
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February 04, 2019, 02:47:07 AM

Peter Vessenes is such an incredible a..ho.e .  claiming 25% of btc marketcap, what a shitshow.

It's almost like he's trying to be openly obtuse. The Japanese court ought to instantly reject these claims, but the incredibly bureaucratic nature of things probably means claimants will be waiting years now.

So the plot thickens. Apparently, under Japanese law standard practice is to accord 50% voting rights to rejected claims. That means CoinLab would hold majority voting rights and could veto CR taking everyone back to bankruptcy. It has been suggested that this may be a means for Vessenes to extract a favourable settlement for his claims which he knows stand on weak ground.

Vessenes claim is for damages for breach of a local agent licensing agreement for a bankrupt exchange.

It would be more accurate to say that Vessenes’ claim is utterly worthless.
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February 04, 2019, 02:48:57 AM

Apart from the one idea about attempting to spend as many bitcoins as possible before death, there's going to be a lot of this loss of coins through death happening, which is a little bit problematic for intergenerational maintenance and passing down of value... even though the overall loss of coins is bullish on the BTC price due to increased scarcity.

It's a dilemma. Do you relinquish control and permit your funds to be spent without your express permission, or do you maintain that control but recognise that your stash will die with you.

You generally shouldn’t try to control things from beyond the grave (notable exceptions being dependent vulnerables such as children who cannot make their own decisions or pets)

Make up too many stupid rules and it just ends up getting litigated.
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