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

[ChartBuddy]

Explanation

[death_wish]

If you were Satoshi, what would be the benefit of claiming that in public (think it through at least twice before replying)? When someone gives a reasonable answer to that question it might be worth at least put their claims to test, which is pretty simple, just move Satoshi's stash of BTC, end of story.

If by “Satoshi’s stash of BTC”, you mean some huge amount, then you are referring to the so-called “Patoshi” coins.  Nobody knows if those are Satoshi’s; I tend to think not.  (Why would Satoshi himself use mining software that behaved differently than the Bitcoin software he published?)  It can’t be proved either way, unless Satoshi or Patoshi steps forward.

The threshold test for anyone who claims to be Satoshi is authentication with a digital signature from one of Satoshi’s known keys:  His PGP key, or the key for one of the Bitcoin addresses definitively known to be Satoshi’s.  Not moving coins that may or may not be Satoshi’s, and that may coincidentally move while some random scammer claims they did it.

By “authentication”, I mean signing a message with substance similar to this:

Code:

2022-06-26: I, [name of claimant], am Satoshi Nakamoto.

I don’t ask someone’s motives before demanding that.  If the claimant refuses (as Craig Wright has), then his motives are obvious:  He is an imposter.


To illustrate the dangers of relying on faulty assumptions about the ownership of early coins:

[...] under oath Craig wright provided a list of the bitcoin holdings he claims he mined as satoshi... thousands of early addresses. ... and as soon as the list was published the owner(s) of 145 of the addresses, controlling 7250 BTC, signed a message saying those addresses didn't belong to Wright and that Wright was a fraud.

IIRC, those coins have not been moved.  Their owner(s) evidently follow the news, and still have the keys.

The content of the signed message, which you should verify for yourself (see above link):

"Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi"

[modrobert]

If you were Satoshi, what would be the benefit of claiming that in public (think it through at least twice before replying)? When someone gives a reasonable answer to that question it might be worth at least put their claims to test, which is pretty simple, just move Satoshi's stash of BTC, end of story.

If by “Satoshi’s stash of BTC”, you mean some huge amount, then you are referring to the so-called “Patoshi” coins.  Nobody knows if those are Satoshi’s; I tend to think not.  (Why would Satoshi himself use mining software that behaved differently than the Bitcoin software he published?)  It can’t be proved either way, unless Satoshi or Patoshi steps forward.

The threshold test for anyone who claims to be Satoshi is authentication with a digital signature from one of Satoshi’s known keys:  His PGP key, or the key for one of the Bitcoin addresses definitively known to be Satoshi’s.  Not moving coins that may or may not be Satoshi’s, and that may coincidentally move while some random scammer claims they did it.

By “authentication”, I mean signing a message with substance similar to this:

Code:

2022-06-26: I, [name of claimant], am Satoshi Nakamoto.

I don’t ask someone’s motives before demanding that.  If the claimant refuses (as Craig Wright has), then his motives are obvious:  He is an imposter.


To illustrate the dangers of relying on faulty assumptions about the ownership of early coins:

[...] under oath Craig wright provided a list of the bitcoin holdings he claims he mined as satoshi... thousands of early addresses. ... and as soon as the list was published the owner(s) of 145 of the addresses, controlling 7250 BTC, signed a message saying those addresses didn't belong to Wright and that Wright was a fraud.

IIRC, those coins have not been moved.  Their owner(s) evidently follow the news, and still have the keys.

The content of the signed message, which you should verify for yourself (see above link):

"Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi"

https://www.blockchain.com/it/btc/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

[ChartBuddy]

Explanation

[DVlog]

Humans react to what they can see. Everyone doesn't have the foresight to see the opportunity that is why most people in the world are still using fiat and saving money in their bank accounts.

[fillippone]

Usual WO game.
Where I am: level easy.
Where am I headed to?

Earl's Court underground station.

Maybe you're going to watch Wimbledon?

That was an easy one.



Anyone fancy strawberry and cream?

[Torque]

Spectators be like: Yo fools, is the price going to go down, up, sideways, f^ckways, rightwasy, wrongways??    
But.. some expecting pump, some dump, some capitalization on the second dip at 14K.            


No one knows sh!t. Actually.. Not rly, because Banks are on 'suicide watch' right now, so we will see if they shoot themselves in the foot and try to dump.    

Odds are 50/50 then?

Nope.. it is 100% certain going for another dip. Then we get to receive capitalization.      





Here...      ..listen to a swang till zen: https://www.youtube.com/watch?v=LMuKc-7fvoQ

(because you are probably low in Cow Hoof 9 Vitamin!)

"We are all born ignorant, but it takes extra work to remain stupid."

_{Psst hey stupid...it's capitulation, not capitalization.}

[savetherainforest]

"We are all born ignorant, but it takes extra work to remain stupid."

Don't you think that I know?? Why do you think that I do things on purpose? I just don't like that word. I like "capitalization" moar.    


*edit(): I would shave a cat on purpose just to prove it doesn't get skin cancer. (if it has fat in its diet ofc)     

[ChartBuddy]

Explanation

[pakhitheboss]

That innocent loking LUNA man will get destroyed now. He is enjoying a comfortable life, still,  as shit coin owner this will be the first time a hacker group destroys his life, money and Bitcoin holdings. I am loving it. 

[Torque]

Don't you think that I know??

No I don't. You do now.

[BitcoinBunny]

Usual WO game.
Where I am: level easy.
Where am I headed to?

Earl's Court underground station.

Maybe you're going to watch Wimbledon?

That was an easy one.



Anyone fancy strawberry and cream?

Sure, or put Emma Raducanu in your bag pack for me.
Whichever is easiest.

For reference:

[empowering]

Usual WO game.
Where I am: level easy.
Where am I headed to?

Earl's Court underground station.

Maybe you're going to watch Wimbledon?

That was an easy one.





Anyone fancy strawberry and cream?

...and of course, Wimbledon started, and so, it starts to rain.

[cAPSLOCK]

I don't know if they were daydreaming. Of course, BTC can potentially go $250K or more in the future. That doesn't mean it will Boom in a few months. LOL.

Eventually, sure. And probably sooner than most would think. We're in the doldrums for at least another year though, I think. Healing is needed, bad memories need to fade, confidence needs to return.

Obviously the meltdown of all the DeFi nonsense is going to take a while to be resolved.  Though there are some possible pluses in this.  For example the fact that establishment finance companies (like Goldman) bidding for the smouldering rubble of these DeFi startups is a very bullish sign in my opinion.  It means the big establishment money sees value, even in this broken failures.  The due diligence needed to make offers in this environment means they have, among other things, looked into what the regulatory future is shaping up to be.  Don't get me wrong.  I am no fan of "the big establishment money", and I do not see it as something needed for Bitcoin to succeed.  But as Bitcoin succeeds it is inevitable that we see these folks getting into the pool in ways like this.

Secondly, the emerging conspiracy theory around the BAYC genesis has a long way to go before we burn through that narrative.  And it is dark enough that I kind of expect the powers that be to try at the "See how evil and alt-righ" crypto bros are?" narrative a good run because of that.

The one thing that I see good in all this smouldering garbage is even the average person is going to begin to see that there is a difference between Bitcoin and everything else.

2010: Bitcoin is magical internet money that geeks play with and it's a ponzi.
2012: Bitcoin went up!  I bought in for A dollar and sold for  $50!  I am a genius to have cashed out of that ponzi.
2014: New projects getting started!  Wonder what the next bitcoin is?
2015: World computer is Bitcoin 2.0
2017: ICOs!  The new way to sell illegal securities!
2018: Bitcoin is dead, but something else will emerge from crypto!
2019: Look at all these ETH Killers! Oh, and what's Bitcoin again?
2020: DeFi!  THIS is the future... We all knew smart contracts would be useful!  Maybe this is how?
2021: NFTs!  ICOs with even LESS utility!  (also possibly the worlds most complex troll)
2022: There is a difference between Bitcoin and Crypto

We still have shit ahead of us... The whole energy narrative is just getting started, and most people can't see why PoS is just the old system digitized... And evidently Elon is either too dumb to see what Doge actually is, or hes scamming. So as much as I would like to think we learned our lesson this time, I doubt we have.

[ChartBuddy]

Explanation

[cygan]

[ChartBuddy]

Explanation

[fillippone]

Sure, or put Emma Raducanu in your bag pack for me.
Whichever is easiest.

For reference:

You ask,
I provide:

[serveria.com]

Usual WO game.
Where I am: level easy.
Where am I headed to?

Earl's Court underground station.

Maybe you're going to watch Wimbledon?

That was an easy one.



Anyone fancy strawberry and cream?

Sure, or put Emma Raducanu in your bag pack for me.
Whichever is easiest.

For reference:

Camila Giorgi is also smoking hot btw:

[savetherainforest]

Don't you think that I know??

No I don't. You do now.

It is essential and important to often use specific out of place and out of order words to trigger people.  Like you.