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

[cAPSLOCK]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

[VB1001]

A couple more reasons to bullieve:
- above 'holy moly' logarithmic trendline (green)
- 3-day 'golden cross' imminent (last time was Jan 2016)

https://twitter.com/alistairmilne/status/1155746902174064641

This is fine, I like it.

[fabiorem]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

[Searing]

D-day in Bitfinex trial - Will Bitcoin price react?

ALL EYES ON MONDAY’S TRIAL OUTCOME

As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).

A negative outcome for iFinex — the parent company of Bitfinex, could potentially open the exchange and Tether up to more lawsuits. The NYAG is accusing Bitfinex of covering up $850 million in client losses.

https://bitcoinist.com/d-day-in-bitfinex-trial-will-bitcoin-price-react/

My view is that they are gonna lose big. Others? What do you all think?

[serveria.com]

Dammit page 24666 

Observing BTC @ 9,499 USD

Lets hope soon this two numbers will match.

As soon as i checked WO, I had a deja-vu with the price at parity too.
I still remember the 10.000 pages fiasco. Dunno who was deleting posts to move the page counter. What a mess it was!


24k USD would be good, but dunno why i rised the bar and the number that would make me smile now is +50k

Exactly! Same here: $20-25k doesn't sound fun anymore.... I guess some $90-120k could make me sell some $ of my stash though (today). If we're talking about 2021 then I guess this number will go even further up...    

[AlcoHoDL]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

[JayJuanGee]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Definitely difficult to understand how a kind of "infinite" block size brings bitcoin "back" to its roots.

One thing that is interesting is to have some of these dumbass approaches (or experimentations by scam artists) to show through practice what NOT to do.

[AlcoHoDL]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Definitely difficult to understand how a kind of "infinite" block size brings bitcoin "back" to its roots.

One thing that is interesting is to have some of these dumbass approaches (or experimentations by scam artists) to show through practice what NOT to do.

If Bitcoin (BTC) had infinite block size, it would be littered with near-infinitely-sized spam attacks, and the worst part is that all this garbage would have to be preserved forever as part of the blockchain, forever filling up TB upon TB of storage space... There's a reason why Satoshi included the 1 MB cap in the code.

The problem is that inexperienced programmers tend to prefer the "bigger is better" approach, failing to foresee its side-effects. Fortunately, they are not in control of Bitcoin.

[VB1001]

EU Exchange Bitstamp Partners with UK Firm to Offer Pound Sterling Onramp

Major European crypto exchange Bitstamp has partnered with digital asset brokerage BCB Group to enable direct transfers in British pounds sterling (GBP).

A press release shared with Cointelegraph on July 29 revealed that following the new partnership, by the end of this year United Kingdom-based investors will be able to make GBP withdrawals and deposits directly to and from their Bitstamp accounts.

https://cointelegraph.com/news/eu-exchange-bitstamp-partners-with-uk-firm-to-offer-pound-sterling-onramp

[LFC_Bitcoin]

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

I don’t believe it’s possible to brute force a private key, certainly not in our lifetime with current computer tech any way.

CW is an utter moron & it’s probably best to totally disregard anything he claims he can so. He’s full of shit and the sooner he’s in our rear view mirror the better.

He won’t be signing a message from a Satoshi owned wallet.

[gentlemand]

I read somewhere...

There is literally not one shred of proof for one single molecule of this entire story.

Nothing proves Dave Kleiman had anything to do with anything. Double nothing to point to BSV's Fat Controller being adjacent to it.

[VB1001]

D-day in Bitfinex trial - Will Bitcoin price react?

ALL EYES ON MONDAY’S TRIAL OUTCOME

As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).

A negative outcome for iFinex — the parent company of Bitfinex, could potentially open the exchange and Tether up to more lawsuits. The NYAG is accusing Bitfinex of covering up $850 million in client losses.

https://bitcoinist.com/d-day-in-bitfinex-trial-will-bitcoin-price-react/

My view is that they are gonna lose big. Others? What do you all think?

Judge Punts on Decision in NYAG Case Against Bitfinex and Tether

On Monday, New York Supreme Court Judge Joel M. Cohen said he needed more time to make a final decision on whether to dismiss the NYAG’s case entirely, or rule the other way and reject Bitfinex and Tether’s motion to dismiss. As such, a preliminary injunction he filed in May will be extended, probably for 90 days.

“The idea is to keep things where they are until the decision of this motion, so the decision is to extend the stay and … extend the injunction.”

The ruling means Bitfinex and Tether can continue operating their businesses as normal, but Tether still cannot lend any more funds to Bitfinex.

https://www.coindesk.com/judge-punts-decision-nyag-bitfinex-tether

Honestly, I have no idea how it can end.

[HairyMaclairy]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

Consistent with JJG’s law, some readers will think that the BSV shills are government agents. 

[AlcoHoDL]

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

I don’t believe it’s possible to brute force a private key, certainly not in our lifetime with current computer tech any way.

CW is an utter moron & it’s probably best to totally disregard anything he claims he can so. He’s full of shit and the sooner he’s in our rear view mirror the better.

He won’t be signing a message from a Satoshi owned wallet.

I second that. If the wallet is properly protected (with a long, well chosen passphrase) it's just not crackable in our lifetime. I think he may be betting on a weak passphrase or he knows something that reduces the search space, or he's simple bluffing and feeding his egomania (the latter being the most probable).

I read somewhere...

There is literally not one shred of proof for one single molecule of this entire story.

Nothing proves Dave Kleiman had anything to do with anything. Double nothing to point to BSV's Fat Controller being adjacent to it.

Yup, that's the name I couldn't remember. I think CSW is just playing the communications game, trying to spread misinformation and fear. Not for long, 2019 will pass, the 2020 halving will come, BTC will rise to 6+ figures and he'll disappear, except maybe as meme material.

[HairyMaclairy]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

This is CSW propaganda.  There is no such wallet.

And even if pretending there was such a wallet, then he doesn’t have a chance between now and the heat death of the universe.

Edit:  just caught up to the tip of the thread and this has already been said, but leaving this post here anyway.

[AlcoHoDL]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

This is CSW propaganda.  There is no such wallet.

And even if pretending there was such a wallet, then he doesn’t have a chance between now and the heat death of the universe.

Edit:  just caught up to the tip of the thread and this has already been said, but leaving this post here anyway.

About the ability to crack a wallet, it could be possible and even easy to crack, if the original owner of the wallet has chosen a weak passphrase. But, assuming the original wallet owner is Satoshi, surely, he must have used a strong passphrase, so all is good.

[...insert waiting skeleton meme here...]

As for the info being CSW propaganda, yes, it probably is.

[John Abraham]

470 more pages since I last visited

BTC is quite stable these days. Would be helpful to my DCA if more blood was there  
I hope you guys are doing well as well.

I don’t believe it’s possible to brute force a private key, certainly not in our lifetime with current computer tech any way.

It will take CW to his son to his son to his son to his son   Long after someone will say, "My grandpa's grandpa's grandpa's grandpa's grandpa was Satoshi Nakamoto."  



https://images.app.goo.gl/PqSggoubZUzVYMbU6

[JayJuanGee]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

Consistent with JJG’s law, some readers will think that the BSV shills are government agents. 

hahahaha

You know that some people do not want to be described as a legend while they are still living because they believe that such honor should only rightfully be bestowed upon the dead.

In this case, I must either be a kind of legend or perhaps dead to have been the perpetrator of the repetitious spread of a law phenomenon that has become so profound at least in the thinking of one member that even I did not know the significance of my own doings.  Go figure.

[JayJuanGee]

470 more pages since I last visited

Surely we are averaging posting in the 15 to 20 pages per day range.  No wonder I can hardly get anything done these days.

BTC is quite stable these days. Would be helpful to my DCA if more blood was there  

I thought that a relatively pure DCA approach would not give two shits about short-term BTC price?  because the presumption underlying a DCA approach is that on a long enough horizon (even as low as 3.5 years in bitcoin) you are likely to be ahead by quite a bit because you continued to regularly invest and the asset (in this case bitcoin) ultimately went up (even if on the shorter term it goes down, even for extended periods of time)?

[mindrust]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout.