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

[VB1001]

Very grateful for your comments, suggestions and some PM received!

Now I must stick to the new plan, buy small quantities regularly.
The previous one was executed as planned, if the accumulated total of fiat fell for any reason, the investments or bitcoin would be sold before stressing the family economy.

The really important thing is that I can still eat and drink, all is not lost.

(Now I am a bull without horns and without BTC)

Better for me if we close this conversation here, I'm sure the situation will improve.

Thx

[2020VISION]

R.I.P. @ACTUALADVICEBTC  

YOU WILL BE FOREVER REMEMBERED !! ~ LOVE YOU BRO!!




https://coinstreetnews.com/2020/05/actualadvicebtc-has-passed-away/

[2020VISION]

Yeah no need to panic, I had to pay the doctor for my cock reduction surgery.

r.i.p. mr. rooster @aabtc : ( ***

[Hueristic]

BOOOYYYYYYZZZZZZZ 
Just saw i can wear my hat again!
Hold my beer...

Congrats, that didn't take long.

Fat lot o good it'll do ya. 

[Last of the V8s]

"All €¥€$ on BTC"

[Raja_MBZ]

Whew, back above $9500. Let's see if bears are really losing dumping power already.

[DaRude]

Wut?
Coinbase from February 2009 has just been moved!

Someone moved the coinbase from block 3,654!
This is HODLING!

Will it continue to be in HODL phase?

Man, TBH, I don't wanna know who Satoshi is.

If i could ask one thing, it'd be for them to sign that Faketoshi is fraud   funny that BSV also went down when coins moved

[LFC_Bitcoin]

Whew, back above $9500. Let's see if bears are really losing dumping power already.

Well it was a pretty flaccid attempt to plunge us sub $9,000.

[JayJuanGee]

Wut?
Coinbase from February 2009 has just been moved!

Someone moved the coinbase from block 3,654!
This is HODLING!

Will it continue to be in HODL phase?

Man, TBH, I don't wanna know who Satoshi is.

According to my findings, not Satoshi's stash!
So, not even CSW finding his keys!

Well, even if it's not Satoshi's stash, it still makes bitcoin short-term bearish. It's not every day that someone who mined bitcoin in 2009 makes a transaction.

You seem to be reading way too much into this.

Bitcoin prices have hardly even moved.

Yeah, of course, we had a little correction in the last few hours, and sure, the correction might go down another $1,000 or even $2k, but so far it went down a few hundred and then bounced back to within about $200 or $300 from where it started.  Furthermore, it hardly even reached dip levels that it had achieved yesterday...

I don't see anything, so far, that is really bearish about this  -and it could be the opposite.. but too soon to call that, either.

On this little pump, I'm thinking of going for a swing trade with a "bit" of my stash. Selling here and buying back at ~$9000 doesn't sound like a very bad idea IMO.

Reminds me of Clint Eastwood.

"You feeling lucky, punk."

 


 (nothing personal)

[BlackHatCoiner]

Am I the only one who believes that it will fell below 8000$?

[cAPSLOCK]

Wut?
Coinbase from February 2009 has just been moved!

Someone moved the coinbase from block 3,654!
This is HODLING!

With a 80/20 split -- my guess is that someone professionally recovered the wallet password.    I've used a service, took 14 months to crack but they did it and took 20%.   This could be an old wallet.dat file that someone found and didn't have password.  

I think this is highly unlikely.  Possible, yes... but kind of the opposite of Occams razor.  Someone mining literally 1 month in?  The chances of this person losing their key is pretty slim.  This is a fairly rarified group of cypherpunks at that point.  Things like passwords and the like are in their blood.

Also it is extremely unlikely that this person needs to move those coins.

So that means this is being done for another reason.

And that is why the entire market just sneezed and is now holding it's breath.

I expect CSW comes out full bore shortly.  And one motivation for doing this would be to lay a trap for him.  I would LOVE TO SEE THAT.  Course, I guess this could also be the tip of the "rolling iceburg"? ROTFLMFAO.

The reality is whomever did this... there is 99% chance that this is all meta.  Know what I mean?  They are not planning on building a new swimming pool or something.

[Last of the V8s]

Very grateful for your comments, suggestions and some PM received!

Now I must stick to the new plan, buy small quantities regularly.
The previous one was executed as planned, if the accumulated total of fiat fell for any reason, the investments or bitcoin would be sold before stressing the family economy.

The really important thing is that I can still eat and drink, all is not lost.

(Now I am a bull without horns and without BTC)

Better for me if we close this conversation here, I'm sure the situation will improve.

Thx

You could post a BTC address here. You may get some donations, or compensation for the work you've put into the thread. There are probably some generous, BTC rich people around here.

Or you'll get mercilessly roasted for being a nocoiner beggar.

*shrug*

He does have an address in his profile 1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

Is that right?

[cAPSLOCK]

I remember some of you guys used to grin a lot... How's your sh!tcoin doing?


18 Months In, Few People Use, Mine or Buy Privacy Coin Grin

https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin

Not sure why you are so up in arms because of a $20-30mil market cap alt.
Nobody really bought it, but you could have mined it on a video card, which is not really possible with other coins.
It's too difficult to use, hence it is mostly a developer toy. Plus, it has high inflation in a first few years as supply is growing linearly (at around 63 mil/year).
Not really anonymous, either.

Yeah.  People do not understand that the innovation in MimbleWimble is not the "privacy", but the potential for scaling with a lightweight blockchain.  I think that is why so many bitcoin talk OGs were interested.

But it is unproven tech, and  Grin is the proving ground for better or worse.

It's economics are also interesting.  And in some ways obviously not designed for competition with BTC.  I have never mined, nor bought a single pip of Grin, myself.

I find people's obsession with alts failing to be a telling thing about someone's security when it comes to Bitcoin's place as the lindy project with network effect.

In the end we HAVE to do the experiments.

Some coin HAS to try to be a world computer and do all calc on chain. (ETH)
Some coin HAS to have no blocksize limit and store all kinds of data on chain and centralize. (BSV)
Some coin has to have inflationary monetary policy. (Doge?)
Some project has to have an opaque base layer, and be capable of truly private use. (Monero?)
ETC ETC ETC
Grin gets to try to prove out mimblewimble.

And then there are all the projects that have no purpose because they try to compromise on one or more of those aspects in the name of "moderation" (BCH?).  

We simply cannot live in a world where BITCOIN exists as an open source distributed ledger tech attempting to become money where competing forks and copycat software does not exist.  Can't have both of those things.

It sucks for those of us old enough to have less life left to live as this stuff works itself out... but it has to work itself out.

My bet is on Bitcoin.  (Well, and I do keep a Monero side bet so to speak...  I just list that here to make JJG froth)

I would refer to this as a @cAPSLOCK conjecture: we HAVE to do experiments while betting on bitcoin (and others, as a side bet, if you are pleased to do so and in moderation).

I am honored.  But the key is simple. 

Open source? CHECK 
Decentralized? CHECK

Therefore:

Chaos? CHECK
COPYCATS? CHECK

It has to be... and in the end Mosaic lives on in Mozilla (I know not really a direct descendant...  but in spirit at least, and that dev team)  And though I do not think there will be a webkit, or chrome in the bitcoin space... there will at least be a few Edges.

And most likely the real world changing tools are the Netflixes that have yet to be built on TOP of BTC.

I am placing my bets...  really just 2 of them.

[infofront]

Very grateful for your comments, suggestions and some PM received!

Now I must stick to the new plan, buy small quantities regularly.
The previous one was executed as planned, if the accumulated total of fiat fell for any reason, the investments or bitcoin would be sold before stressing the family economy.

The really important thing is that I can still eat and drink, all is not lost.

(Now I am a bull without horns and without BTC)

Better for me if we close this conversation here, I'm sure the situation will improve.

Thx

You could post a BTC address here. You may get some donations, or compensation for the work you've put into the thread. There are probably some generous, BTC rich people around here.

Or you'll get mercilessly roasted for being a nocoiner beggar.

*shrug*

He does have an address in his profile 1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

Is that right?

Oh yeah. I forgot that space exists. Kind of like my wife's...nevermind.

[DaRude]

Wut?
Coinbase from February 2009 has just been moved!

Someone moved the coinbase from block 3,654!
This is HODLING!

With a 80/20 split -- my guess is that someone professionally recovered the wallet password.    I've used a service, took 14 months to crack but they did it and took 20%.   This could be an old wallet.dat file that someone found and didn't have password.  

I think this is highly unlikely.  Possible, yes... but kind of the opposite of Occams razor.  Someone mining literally 1 month in?  The chances of this person losing their key is pretty slim.  This is a fairly rarified group of cypherpunks at that point.  Things like passwords and the like are in their blood.

Also it is extremely unlikely that this person needs to move those coins.

So that means this is being done for another reason.

And that is why the entire market just sneezed and is now holding it's breath.

I expect CSW comes out full bore shortly.  And one motivation for doing this would be to lay a trap for him.  I would LOVE TO SEE THAT.  Course, I guess this could also be the tip of the "rolling iceburg"? ROTFLMFAO.

The reality is whomever did this... there is 99% chance that this is all meta.  Know what I mean?  They are not planning on building a new swimming pool or something.

My bet is on Hal's estate, just selling some FIFO

[vapourminer]

Bitcoin remains the best investment on the block, even if more Armageddon-like circumstances end up playing out way more than we would have wished them to be.. and yeah there could be some shutting down of the internet and communications, too but is that really going to bring down the value of bitcoin and our ability to store it and perhaps transmit value from time to time, as needed in it?  Yeah, sure, buy yourself some guns, bullets and maybe even a bunker, and hopefully that does not take up too much of your current resources that you cannot keep a decent amount of your value in bitcoin a the same time..

wow and i though i was the doom and gloom guy. im far too small a target to worry. even us average folks have investments and advisers.

[JayJuanGee]

Perhaps we can raise some money for our bro? Like donations for ex-bitcoiners who were forced to sell?  

We could have a "fallen bros" donation fund.

Like insurance for hat wearers.

What could go wrong?

Does mindrust qualify?  

That's part of the problem of any bailout... how to decide criteria and who would qualify?  This would not really be insurance unless members would have to pay in to be eligible.. and that would likely be shut down soon by admins of the forum...

Probably any such fund would establish the criteria ahead of time, and then contributions would be made into such fund based on the criteria that had already been established.  You see how quickly it gets messy.

I suppose any well to do member might establish such fund himself/herself and maybe even fund such effort to the extent that donations might not cover it.. but then if there were a fund that required group input, then the selection or election of the group might be established ahead of time, too.

It seems messy, almost no matter what when we are on the interwebs, because it can be quite difficult to verify some of the stories, so maybe in some sense, the whole concept of a fund would be from a benevolent dictator rather than a committee because the benevolent dictator would not necessarily have to account, except when s/he is receiving funds people expect some kind of an accounting, and s/he could decide if s/he believes the story (and justification) for a bailout with some portion of the funds.

Let's say for example that I had started a fund earlier in the year, and I had already set forth that I was going to consider various cases in which members might need a bailout, and maybe one of the criteria would be that any bailout would be locked up for one year and another criteria would be that they would have to lock up some amount that is similar to the bailout and also employ dollar cost averaging and HODLing.. blah blah blah.  I also disclosed that I had .5BTC that I was going to start out with the fund, and I set forth some criteria, and I said that anyone could donate to the fund, if s/he wanted to help the fund.  So in the last several months, I had received an additional .1BTC.. so the totality of the fund had added up to .6BTC.

Thereafter, I had been confronted with the case of mindrust and the case of VB1001, and based on my having had gathered evidence, I decided that mindrust deserved a .05BTC bailout and VB1001 deserved a .125 bailout (this conclusion regarding amounts is hypothetical and is assuming some facts that might not be in evidence, such as mindrust having had panic sold and that VB1001 was more morally justified in his having had sold.. which might well be BIG-ASS assumptions but are fine for illustrative purposes).  

So in the end, members might decide to support (or give to) the fund based on my previous decisions, my stated criteria and they might believe that I am a fair person in these kinds of ways.  Others might not want to give to such a fund for a variety of reasons including that they don't agree with bailouts, they don't trust my decisions in regards to eligibility or my discretion (or they don't want to give me such powers) and/or they also might believe that there is a long scam potential or exit scam potential with the establishment of such a honey pot. Seems messy to me, but there could be ways to arrange such a thing, but anyone who arranges it too, and agrees to take donations, is likely going to receive negative feedback and skepticism regarding their purported good intentions.  

[Devawnm367]

So 50 BTC got moved from a wallet from 2009? People are saying it was one of the known addresses for CSW? What is everyone elses input on that? I really do not believe he is Satoshi! Now he may have been an early adopter but I do not think he was part of the (TEAM) behind bitcoin....


I just wish I had 1 out of 50 of those coins.... It is crazy to me that 1 block of 50 BTC is worth half a million dollars now... smh why did I not know about BTC back then smh...

https://www.blockchain.com/btc/tx/cb1440c787d8a46977886405a34da89939e1b04907f567bf182ef27ce53a8d71

[JayJuanGee]

Changed my summer holiday last night due to COVID19, we were due to stay in a villa in Tenerife. It was free to edit the holiday with the same company so to be safe I said to the girl to rebook for April 2021, I let the girl loose with the booking reference & when I ask where she booked she answers Mexico & it’s an extra £2500.

Fucking women, I hope r0ach doesn’t see this post.

When $10,000?

Id ve asked her to book a date when all accept Bitcoin to pay

than 10K

 then

 Than is used for comparison, then is used for time.  What you wrote can make sense using either then or than but they have entirely different meanings.

 Of course I could be mistaken in what you meant to say; it's better then than than then.

A hat-maker with an engwish teaching side gig, or the other way around?

Who proclaimed that jacks-of-all-trades had gone extinct?

 

[serveria.com]

Am I the only one who believes that it will fell below 8000$?

In short: yes