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

[Qoheleth]

*drying off with $8,000 towel.*

That's EPIC!

In my case, I'm currently using a $2000 Trezor...

At least we haven't been eating $90M pizzas (yet)!

I have a couple $1,300 sandwiches

Dont forget my $33,000 iphone 6..

(1.8 BTC on feb 2016)

I had a bloke code some stuff that I can code now myself in 1 hour. Only 25 BTC 

This type of thing is easy to joke about, and I definitely bought my share of thousand dollar cookies.

But I think it's important to remember that by buying those sandwiches and pizzas - and buying them with BTC, not by converting to cash first - early adopters paved the way psychologically for people to believe that BTC are actually worth something. Who knows whether the bitcoins that bought those things would really be worth that much now if they hadn't been spent?

[nullius]

[WO] Bitcoin вapвapизaция кpecтьянaми

Exhibit EOVERFLOW:

Bitcoin Forum > Other > “Serious discussion” (LOL!) > Too strong KYC
Topic totally derailed by nullius to:  Re: Any KYC is “Too strong KYC”

It's simple.

If you move around Huge Money you want every partner (exchange) to hold your ID details so you won't have problems proving that transactions did occur on your part.

It’s simple.

If you move around Huge Money (or any money!), you want to use private keys in your own wallet—“Not your keys, not your coins!”—so you won’t have problems proving that transactions did occurr with your digital signatures on the blockchain.

Most websites that use KYC feature have a third-party KYC processor who holds the data secure. Still, use your own research on each KYC demanding project as these policies differ a lot.

I advise that you read through a thread with much more serious discussion of the “KYC” issue than this “Serious Discussion” idiot-thread, and heed the advice thereby from people who understand this subject as you assuredly do not.

When someone is doing KYC, they are forced to hand out parts of their personal identity to a third party (such as an exchange, ICO, etc). After that point, they aren’t in control of the process anymore and are totally exposed on the third party to handle their sensitive data safely. If something should be hacked, the affected people can't do anything.

I suggest not to try KYC with websites that do not have a third party KYC Service, having a third party service will make your mind at ease but of course, a reputable service just like Binance is using "Refinitiv" is decent one.

Why is a company using a third party service safer? I'd argue the exact opposite. Companies often tender this out to the lowest bidder, who invariably have very poor security. It also means your KYC documents are being shared around with more people and with third party companies, so there are more opportunities for a malicious employee to access them or a hacker to steal them. Your Binance example is a poor one considering they were hacked for thousands of users' documents and information just a few months ago.

I’ve never submitted to any “KYC” identity-rape doxing for anything whatsoever even remotely related to Bitcoin.  On principle, I never will.

Edit, P.S.:

you = 🐑

Any mad hatters want to cap that muttonhead with a cluestick!?

[🚀🤩🤩🤩🌙🤩🤩🤩🚀]

—then I would be much happier than I will be to see my modest stash “moon” as I lose my tiny little sliver of financial freedom.

P.S., that is in the so-called “Serious Discussion” forum.  

Also there is literally a board named "Serious Discussion". That's where serious discussion can go without being subject to the uncertainty of a special excempt self-mod thread.

Arguing against my expectation that I can safely post serious discussion outside of the forum named Serious Discussion—are you serious!?  

I think nullius' posts are a category of their own and maybe Serious Discussion > Ivory Tower > Nullius' Dungeon might be a solution to avoid having his posts deleted from the WO in the future.

[Searing]

Check out HEX ya moron, was just 3 days of work for free. You think you can do that?

Ignored.

https://twitter.com/MyLegacyKit/status/1329727586000379904

Sure Hex.. collapsing.. after making Richard Hart rich as fuck... and likely he will need to hide from the regulators... I would think that his way of going about that scam would not have been anything but criminal.. .. just seemed so obvious the way that he was pumping that bullshit with ongoing read between the lines type assertions that likely tempted all kinds of innocent peeps into helping Richard to receive his various paydays while carrying out such scam.

19K this weekend

AT fucking H this weekend!  

Seems inevitable now... within this close... maybe our break above $18.5k today and pushing up to $18,825 within the past couple of hours demonstrates that buying pressures remain greater than selling pressures.. and it is going to be a bit difficult for bearwhales to fight off the current short-term momentum...   not impossible, but surely would take quite a bit of fuel to stop this baby at these price points and this current ongoing momentum..

Sure we seem to be coiling at the moment in the $18,500s (as I type).. and sure there might be some downward fakeouts (or downward attempts) but gotta consider ongoing current momentum, too...

Popcorn, anyone?

My google skills are lacking today..but like 2 days ago in the Midwest USA I saw a really, really, scammy TV Add for Hex.com during

prime time. Like 8 p.m. CDT USA...I can't find a link..but man was it over the top..it had supermodels, it had super-fast boats and the Ad said

you want to be fabulously wealthy get hex now at hex.com. Indeed the T.V. Ad was so 1980's uber rich over the top...if it would have been

Bitcoin..it would have set the coin back to $15k just because the ad was so slimy. I literally sat there with my jaw open, saying did they really just

go full pump/dump greed, get some now before it is too late, or your a chump.. full-court press? Sheesh!

Anyway, post it on here if you can find it...but is hard to describe how scammy it was without actually seeing it.

Again, I've no luck finding it. If hex.com is smart, they got feedback and burned every copy. The ad itself screamed SEC investigate hex.com for crying out loud!

Brad

[V8s Road Warrior]

https://twitter.com/AWice/status/1329711958853967873

[Torque]

They want to break the ATH so people will go home for Thanksgiving and talk about it.

OMG...

You gotta be trolling with that Torque... no?

Almost worth a merit... if you were actually trying to be funny rather than probably really believing that "they" crap.

 

They = whales

Yes they do exist

Also fk off 

[SiNeReiNZzz]

[HairyMaclairy]

'member, lads, don't waste your money on this stuff



get something like this instead

A Lambo has a lot lower total cost of ownership than a redhead.

But a redhead is faster 0 - 60

[Torque]

https://twitter.com/AWice/status/1329711958853967873

Imagine being fiat, and the most valuable thing you do on the planet is get traded for more valuable, deflationary assets.

[nullius]

https://twitter.com/AWice/status/1329711958853967873

dude, theres like, a whole subreddit devoted too that with alot of fans

chill, loose the judgmental stuff, Your harshing my buzz 🙃☮

[philipma1957]

https://twitter.com/AWice/status/1329711958853967873

More like a limo driver for a rock star.

[nullius]

https://twitter.com/AWice/status/1329711958853967873

Imagine being fiat, and the most valuable thing you do on the planet is get traded for more valuable, deflationary assets magically move wealth from the slaves to their masters, with an invisible tax that the said slaves are too stupid to notice.

FTFY.  Your mistake is that inflationary debt-based script is very valuable—to somebody, as a tool.

Meanwhile, sheep are made mutton.

I said “conjoined twins” for a reason.  Study history, economics, and political philosophy.
It is no accident that they arrived almost simultaneously—both with roots c. 1909 from earlier seeds, both signed by Wilson in 1913.
They are parts of an integral system.

[nullius]

Nullius has a similar day ??

It is officially Monday; V8s called it months ago.  What can I say, the man is insightful.

right we need a day of the week when we are rude to nullius for his lengthy expostulations. the scrolling past is getting tiring

jjg has stfu jjg thursdays, sunday is sacred to the haiku

monday then? today in fact?

stfu nullius

less is more. small is beautiful. concision breeds precision

(you know I love you but)

For the information of the Wall, my previous post linked to prior discussion:

Moon-day

I would like to say, fuck you nullius just to get it off my chest early (especially, since it has been building up for a while)...

So there you go.  I've said it. 

 

Fuck you, too, Jay.    #nohomo   

An I be wont to wax sesquipedalian, I’ll retreat to the phrontistery for to desiderate lost epochs of literacy.

[HairyMaclairy]

The short opportunities continue to grow as fake news fuels the bitcoin HOAX. Little Shatoshi's project has failed as I proved years ago, but the fake news keeps fooling people into losing their money. Smart money will enter high leveraged short positions and keep them open in preparation for the epic meltdown soon to come. Bitcoin shorts will be the greatest trade, possibly in the history of the world.

Good to see you back George. 

[Krubster]

Well, I just went a whole 8 minutes and 27.58 seconds without checking the ticker.
Top that, wo bros.
( my previous record was 7 minutes 5.68 seconds)

I hear you man, respect.

I'm not going to lie. The first thing I do when i wake up, is checking the price on my phone.

[bitebits]

Bitcoin buys not in profit marked red:

https://twitter.com/cryptobull/status/1329830946695241728

[V8s Road Warrior]

wut is this, a stove for ANTS?

[600watt]

Bitcoin buys not in profit marked red:

https://twitter.com/cryptobull/status/1329830946695241728

amazing chart. let's hope it stays that way for another year or so. 

[Hueristic]

The short opportunities continue to grow as fake news fuels the bitcoin HOAX. Little Shatoshi's project has failed as I proved years ago, but the fake news keeps fooling people into losing their money. Smart money will enter high leveraged short positions and keep them open in preparation for the epic meltdown soon to come. Bitcoin shorts will be the greatest trade, possibly in the history of the world.

Good to see you back George. 

[Xian01]

This is really, really funny.


https://twitter.com/gregzaj1/status/1329919828140957698

[eddie13]

'member, lads, don't waste your money on this stuff



get something like this instead

A Lambo has a lot lower total cost of ownership than a redhead.

But a redhead is faster 0 - 60

Definitely recommend redheads 100%!
My new one woke me up this morning (for my new awesome job) by getting on top.. Freckles and grey/blue eyes.. Can’t even see her eyebrows from more than 10” away, not a dark hair on her entire body.. Mmmmmmm... So yummy...
Corn is up..
Life is pretty good..