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

[Lambie Slayer]

Good morning Bitcoinland.

Still going sideways... currently $10317USD/$13646CAD (Bitcoinaverage).

I guess no news is good news.

Roach its about time for you to make your prodigal son's journey home to Bitcoin the almighty father of coins.

-snip-

You forgot the part where the devout Bitcoin-loving neighbors, jolly from a lifestyle of eating fatted calf and drinking fancy drinks daily (we won't name names) raised their glasses in laughter and rejoiced in the fact that maybe the silly twit had finally come to his senses.

Hallelujah!

I should have put more thought into it. Perhaps scribes will put it in the King Jimbo's translation

[1642998899]

1642998899

[1642998899]

1642998899

[1642998899]

1642998899

[1642998899]

1642998899

[Hueristic]

Fuck lawyers, the only time they have their hands in their own pockets is during a Blizzard.

What's the difference between a rooster and a lawyer?

A rooster clucks defiance while a lawyer...
_____

Actually, I don't hate lawyers. I hate other people's lawyers.

 

I hate the fact that the human race is so twisted it created a need for people to have to have their own language in order to screw those that don't know nor can afford to know the code.

Russian lawyers say they can recover 200,000 gox coins...only want 3/4 of them for their trouble...

https://cointelegraph.com/news/russian-lawyers-claim-200-000-btc-lost-in-mt-gox-can-be-recovered

Sounds like a sensible way to launder the stolen bitcoin

Good catch Hairy!

https://www.digitaltrends.com/cool-tech/cerebras-ai-chip-the-size-of-an-ipad/

Only a matter of time, silicon bloatware.

18 Gigs of memory onboard is a lot of realistate and its not hard to throw in the kitchen sink. With that said its a pretty good idea to give base layer access to all functions an AI would need but I'd like to hear how the scheduler is handling all those aspects and what they are using (like AMD's infinity layer) for inter-module communication bus topology. I hope they are not just slapping in a ring like Intel did on the first dual cores.

They always calls us paranoids until we are proved correct and then all you hear by then is "everyone already knew this".

Indeed.  The process by which a theory goes from being considered so wildly outlandish that anyone who espouses it is clearly insane to, when shown to be the actual facts, being "no big deal" never ceases to amaze me.

I think its a defense mechanism that allows them to keep their blinders on(and gobbling up pop culture mainstream distractions while eating fistful's of trans-fats and saying they are just bog boned) while still deluding themselves into thinking that they have eyes wide open.

[VB1001]

CME’s BTC Index Provider CF Benchmarks Wins EU License

CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR).

On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from the United Kingdom’s Financial Conduct Authority (FCA). In the tweet, the firm also claims to be the first cryptocurrency index provider to reach this goal:

“CF Benchmarks is the first #crypto index provider to receive EU BMR authorisation from [the FCA].”

https://cointelegraph.com/news/cmes-btc-index-provider-cf-benchmarks-wins-eu-license

[Hueristic]

CME’s BTC Index Provider CF Benchmarks Wins EU License

CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR).

On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from the United Kingdom’s Financial Conduct Authority (FCA). In the tweet, the firm also claims to be the first cryptocurrency index provider to reach this goal:

“CF Benchmarks is the first #crypto index provider to receive EU BMR authorisation from [the FCA].”

https://cointelegraph.com/news/cmes-btc-index-provider-cf-benchmarks-wins-eu-license

Correct me if I'm wrong but this is a stable indicator that they need in order to set a futures market that is considered safe enough for the mainstream? This institutionalized jargon they wrap up whether the average person is capable of making his own decisions is intentionally obfuscated and i can't keep up nor remember the intricacies.

What's the difference between a rooster and a lawyer?

A rooster clucks defiance while a lawyer...
_____

This took me waaayyy too long to figure out ....

Me too and whats even worse is I know i have heard it before and just forgot the punchline!

It's not for plebs.

Ohh Snap! Lol

Ballet - The World’s First Multicurrency, Non-electronic Hardware Wallet.

Complete with scratch off private key.  Erm lol thanks Bobby Lee. 




https://www.kickstarter.com/projects/balletcrypto/ballet-cryptocurrency-hardware-wallet

Sounded and looked really cool until I started thinking of a few things.
1) Backing it up without exposing the private scratch off
2) If pre-generated then how do they prove they didn't keep a list of private keys?
3) If I can't back it up then I can use it for Cold storage right?

But

PLEASE NOTE THAT THIS WALLET IS NOT FIRE PROOF. DO NOT EXPOSE THE WALLET TO FIRE OR ANY OTHER CORROSIVE AGENTS.

So how am I supposed to use this, like a normal only keep chump change in it use case?
The kickstarter page mentions bitcointalk as a place to bid on the auction for the first few low digit serial numbers so do you have a link?

~snip

I prefer offtopic talking about precious metals or dirty fiat, but please, take the Bcash talk to another place.

I prefer rocket/train memes and cleavage 

 Mmmm... cleavage

Thats a gash.

 This is a gash 

^^^
Not THAT if Fucking Hilarious!
Literally guffawed on that one!

[El duderino_]

Good afternoon gentlemen!

Observing sideways price action from my favourite place (fillipone - look, the correct WO sign).

Good we had a fifth victory

[realr0ach]

You don't have to open a channel to every person in the world you *potentially* might need! Most people would need 5-6 channels opened where they make payments on regular basis.

• Mortgage bank
• Utility companies
• Grocery store
• Drug dealer
• Escort service

That about covers the regular payments.

This is another Lightning shitcoin fallacy.  Even if you for some reason don't care it's a completely centralized, permissioned ledger, the structure of LN assumes:

1)  Everyone on the planet is unfathomably rich and can afford to toss a million here and a million there into dozens of different channels that can't be combined to facilitate larger purchases.  Since most people live paycheck to paycheck, all or most of the money would generally always be in a single channel to maximize spending power for large purchases.  I.E. the hub and spoke model with every user having a single channel open to a bank.

2)  The structure of LN also assumes money has no time opportunity cost and instead of people investing their money in things, they're just going to mindlessly lock it all up in useless channels that make them no money when they could put their money to work elsewhere.  LN is a dystopian, permissioned ledger, but even if that doesn't bother you, it's still useless due to too many other drawbacks.

[VB1001]

CME’s BTC Index Provider CF Benchmarks Wins EU License

CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR).

On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from the United Kingdom’s Financial Conduct Authority (FCA). In the tweet, the firm also claims to be the first cryptocurrency index provider to reach this goal:

“CF Benchmarks is the first #crypto index provider to receive EU BMR authorisation from [the FCA].”

https://cointelegraph.com/news/cmes-btc-index-provider-cf-benchmarks-wins-eu-license

Correct me if I'm wrong but this is a stable indicator that they need in order to set a futures market that is considered safe enough for the mainstream? This institutionalized jargon they wrap up whether the average person is capable of making his own decisions is intentionally obfuscated and i can't keep up nor remember the intricacies.

https://www.cfbenchmarks.com/documentation

[realr0ach]

realr0ach is on fire!

Why must I be surrounded by retarded, digital shitcoin scammers.  I miss the Aryan plains of Rhodesia.

[VB1001]

Hodl Hodl Wants You to Clone Its P2P Bitcoin Exchange

Hodl Hodl plans to make its software freely available so anyone can launch their own version of the peer-to-peer bitcoin exchange.

Announced Saturday at the Baltic Honeybadger conference in Riga, Latvia, the plan is, in part, a recognition that Hodl Hodl’s business model is vulnerable to regulatory crackdowns.

“History teaches us that if a government wants to shut you down, it will,” Hodl Hodl CEO Max Keidun told CoinDesk.

https://www.coindesk.com/hodl-hodl-wants-you-to-clone-its-p2p-bitcoin-exchange

[Hueristic]

<snip>
Despite being Italian, fillippone is not a total cunt. Read his beginner's guide. No short cuts, read it all
<snip>

Oh thanks,
Not 100% cunt then.
Ok, that’s a start...I have room to improve (toward 0%)

Don't take it too hard... Everyone is a bit of a cunt Except the French, they're massive cunts

Well they are blocking Libra, give some credit them.

France and Germany agree to block Facebook's Libra

PARIS (Reuters) - France and Germany have agreed to block Facebook’s Libra cryptocurrency, the French finance ministry said on Friday.

In a joint statement, the two governments affirmed that “no private entity can claim monetary power, which is inherent to the sovereignty of nations”.

French Finance Minister Bruno Le Maire said on Thursday that Facebook’s new cryptocurrency should not be allowed to operate in Europe while concerns persist about sovereignty and persistent financial risks.

And they did make microshaft change data collection practices IIRC so gotta give them credit for that.
Now if they would only bathe.

Or maybe no one will EVER understand what the fuck bitcoin actually is.

Right, like that's really a private key underneath that scratcher?  Pretty fucking lazy scam if you ask me.

I don't think that they are complete morons.
There must be an explanation that makes it something that can work, at least theoretically.

Upon further check, there is a procedure, not sure how well it would work.
First, passphrase is printed, then covered, then encrypted key unlocked by the passphrase is randomly generated at the second location.
They claim that after wallet's private key (encrypted) is printed on the wallet, the data is destroyed (at their end).

TL;DR they generate the passphrase and an encrypted private key in two different geographic locations, then apply both (together or in sequence?) to the wallet printout/etching.

Or we can just trust Zcashes trusted setup?
Sorry I couldn't hold back.
I think my meds all kicked in at once this morning!

The only bankster I trust is myself because I am my own bank. 

I'm not sure I trust myself now!
And If I ever become my own Lawyer I will have to kill myself.


Hmm come to think of it I may have taken too many of the red pills this morning...

[Biodom]

<snip>
Despite being Italian, fillippone is not a total cunt. Read his beginner's guide. No short cuts, read it all
<snip>

Oh thanks,
Not 100% cunt then.
Ok, that’s a start...I have room to improve (toward 0%)

Don't take it too hard... Everyone is a bit of a cunt Except the French, they're massive cunts

Well they are blocking Libra, give some credit them.

France and Germany agree to block Facebook's Libra

PARIS (Reuters) - France and Germany have agreed to block Facebook’s Libra cryptocurrency, the French finance ministry said on Friday.

In a joint statement, the two governments affirmed that “no private entity can claim monetary power, which is inherent to the sovereignty of nations”.

French Finance Minister Bruno Le Maire said on Thursday that Facebook’s new cryptocurrency should not be allowed to operate in Europe while concerns persist about sovereignty and persistent financial risks.

And they did make microshaft change data collection practices IIRC so gotta give them credit for that.
Now if they would only bathe.

Or maybe no one will EVER understand what the fuck bitcoin actually is.

Right, like that's really a private key underneath that scratcher?  Pretty fucking lazy scam if you ask me.

I don't think that they are complete morons.
There must be an explanation that makes it something that can work, at least theoretically.

Upon further check, there is a procedure, not sure how well it would work.
First, passphrase is printed, then covered, then encrypted key unlocked by the passphrase is randomly generated at the second location.
They claim that after wallet's private key (encrypted) is printed on the wallet, the data is destroyed (at their end).

TL;DR they generate the passphrase and an encrypted private key in two different geographic locations, then apply both (together or in sequence?) to the wallet printout/etching.

Or we can just trust Zcashes trusted setup?
Sorry I couldn't hold back.
I think my meds all kicked in at once this morning!

The only bankster I trust is myself because I am my own bank.  

I'm not sure I trust myself now!
And If I ever become my own Lawyer I will have to kill myself.


Hmm come to think of it I may have taken too many of the red pills this morning...

Meds that would make me humorous? Interesting.
Wifey is saying that I was the best husband ever when I was taking muscle relaxants for a sprained neck.
So, sometimes meds do something 'funny".
Those oldies who remember "Seinfeld"....."Stelllaaaa!"
https://www.youtube.com/watch?v=jTi7VtrLL0k

I should take some, then yell "Zookoooooo!!!" (only Zcash aficionados would know).

[xhomerx10]

Ummmm

 Two great tastes that should have remained separate.

[Last of the V8s]

huh? dove flavoured coffee? whatever will they think of next?

[Wilhelm]

CME’s BTC Index Provider CF Benchmarks Wins EU License

CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR).

On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from the United Kingdom’s Financial Conduct Authority (FCA). In the tweet, the firm also claims to be the first cryptocurrency index provider to reach this goal:

“CF Benchmarks is the first #crypto index provider to receive EU BMR authorisation from [the FCA].”

https://cointelegraph.com/news/cmes-btc-index-provider-cf-benchmarks-wins-eu-license

Correct me if I'm wrong but this is a stable indicator that they need in order to set a futures market that is considered safe enough for the mainstream? This institutionalized jargon they wrap up whether the average person is capable of making his own decisions is intentionally obfuscated and i can't keep up nor remember the intricacies.

What's the difference between a rooster and a lawyer?

A rooster clucks defiance while a lawyer...
_____

This took me waaayyy too long to figure out ....

Me too and whats even worse is I know i have heard it before and just forgot the punchline!

It's not for plebs.

Ohh Snap! Lol

Ballet - The World’s First Multicurrency, Non-electronic Hardware Wallet.

Complete with scratch off private key.  Erm lol thanks Bobby Lee. 




https://www.kickstarter.com/projects/balletcrypto/ballet-cryptocurrency-hardware-wallet

Sounded and looked really cool until I started thinking of a few things.
1) Backing it up without exposing the private scratch off
2) If pre-generated then how do they prove they didn't keep a list of private keys?
3) If I can't back it up then I can use it for Cold storage right?

But

PLEASE NOTE THAT THIS WALLET IS NOT FIRE PROOF. DO NOT EXPOSE THE WALLET TO FIRE OR ANY OTHER CORROSIVE AGENTS.

So how am I supposed to use this, like a normal only keep chump change in it use case?
The kickstarter page mentions bitcointalk as a place to bid on the auction for the first few low digit serial numbers so do you have a link?

~snip

I prefer offtopic talking about precious metals or dirty fiat, but please, take the Bcash talk to another place.

I prefer rocket/train memes and cleavage 

 Mmmm... cleavage

Thats a gash.

 This is a gash 

^^^
Not THAT if Fucking Hilarious!
Literally guffawed on that one!

That dude on the right is looking at it with his hands in his pockets thinking "I thought I had seen it all, a fuckhead getting stuck in a sculpture?, I seriously need another job"

[VB1001]

Excellent drink selection as usual @hodlhodl Baltic Honeybadger 2019

https://twitter.com/lopp/status/1172890499587485696

 

[shahzadafzal]

Watch this video Who ACTUALLY Created Bitcoin
https://www.youtube.com/watch?v=EcYnz29l8_0

Well a nice video I would say, this "The Infographics Show" indeed discussed almost all the possible names including

• Vili Lehdonvirta (Tech researcher from Finland)
• Gavin Andresen (guy who took over bitcoin after Nakamoto )
• Craig Wright (Australian computer scientist)
• Dave Kleiman ( Computer forensics expert from US, died in 2013)
• Hal Finney (Computer programmer, died in 2014)
• Dorian Nakamoto (A Japanese guy living near Hal Finney, P2P account of Satoshi Nakamoto denied being him)
• Nick Szabo (Invisioned BitGold, but denied himself being Nakamoto)

Others
- Elon Musk (Tesla & SpaceX)
- Shinichi Mochizuki (Japanese Mathematician)
- Ross Ulbricht (Creator of Silk Road)
- US Government

[jojo69]

Perhaps scribes will put it in the King Jimbo's translation

That's always been my favorite.  I think all the thees and thous give it more, I dunno, gravitas.

[LUCKMCFLY]

British artist knows what he wants!





Source: https://www.diariobitcoin.com/index.php/2019/09/14/artista-britanico-lincoln-townley-vende-coleccion-de-19-obras-por-490-bitcoins/?from=bitven.com

For some time this artist wants to revolutionize the artistic world by reaching those people who do not know about technology and bitcoin, we have artists, football teams, I think we are on a very good path.

[jojo69]

wow



50% of Saudi production offline...

[Hueristic]

Meds that would make me humorous? Interesting.
Wifey is saying that I was the best husband ever when I was taking muscle relaxants for a sprained neck.
So, sometimes meds do something 'funny".
Those oldies who remember "Seinfeld"....."Stelllaaaa!"
https://www.youtube.com/watch?v=jTi7VtrLL0k

I should take some, then yell "Zookoooooo!!!" (only Zcash aficionados would know).

Haha, thanks man, I always try to be humorous but i guess i have been failing as of late. I'll have to keep up this regimen.

Bitcoin, what is it? Why you should buy NOW!?

If you don't know who this is, he is a pretty famous early adopter. He has many precious metal videos before he knew about bitcoin too. He was literally screaming at everybody to get in when it was pennies. Warned people before the Mt. Gox collapse.

Now he gives the buy signal by simply saying...

BUY

From the video:

Put 0.1% of your wealth in Bitcoin. If I am right, that 0.1% will cover all the losses from your other assets.

Pretty hardcore shit.

Damn, I started watching that vid and said oh yeah i remeber this one so clicked on this guy "ROBERT KIYOSAKI" and have been watching his vids do long when I went to reply my session verification failed. I actually stopped watching his vids when he called bitcoin a shiny object and said he only owns 5 of them.

That dude on the right is looking at it with his hands in his pockets thinking "I thought I had seen it all, a fuckhead getting stuck in a sculpture?, I seriously need another job"

Yeah man, you nailed that one!
I hadn't even noticed.

Excellent drink selection as usual @hodlhodl Baltic Honeybadger 2019

https://twitter.com/lopp/status/1172890499587485696

 

Very cool, i especially like the tears one.

wow



50% of Saudi production offline...

Damn better go fill up all the vehicles (90 gallon tank on the winnie!).

Good time to buy oil futures I guess, first time ever saying that.