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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[nutildah]

Ya win some, ya lose some, and hope the former is greater than the atter. Ya go from preyin on whales to being chewed on these dats.

And sometimes you lose it all... Ouch.

RIP

to the greatest trader that never was.

What a crazy story.

https://twitter.com/BitMEXResearch/status/1589670014462103558

This was epic:

"@RogerVer lets make a deal. At least 60k, my BTU for your BTC."

https://www.reddit.com/r/Bitcoin/comments/60ozkh/rogerver_lets_make_a_deal_1_for_1_trade_at_least/

bitcoin-cli signmessage 19Mz2o9RDABT74SA9njZqMtJXKEzj2qUoH '@RogerVer lets make a deal, 1 for 1 trade. At least 60k, possibly up to 130k, my BTU for your BTC.'
H9ed6z5RgdThRxXXqePmtJbaK1pGvoy6e+aiwUPD6pkrJ6d6TBchOu5OQLEbgq/15YRjcOUC+kMrGVfszUXV5Wc=

The offer is open to Jihan Wu as well.

Consider it primarily as a vote of no confidence in the Bitcoin Unlimited software and development team as it currently stands. I'll add the contingency that the deal is null and void if there are major changes to either.

[cAPSLOCK]

My current analysis...

[ChartBuddy]

Explanation

[philipma1957]

Explanation

go buddy drop it again

[BitcoinGirl.Club]

I'm amazed you were able to find an orange that had the proper color #F7941D and to carve the "B" with an exact 13.88...° rotation per the specification.

colour:  http://vu.hn/bitcoin-symbol-and-logo-origin.html#why-an-orange-circle see also https://en.wikipedia.org/wiki/Safety_orange
 angle:  http://vu.hn/bitcoin-symbol-and-logo-origin.html#why-rotate-the-b-shape-by-14-degrees-on-the-logo


 Excellent work!

It just happned bother. The orange was orange enough 🤣
But I was aware of the angle. So I wanted to achieve as close as I could.
I am glad when some of us will eat orange or drink orange juice we will have bitcoin in mind. You were awesome putting that together on the hat with Bart even the signature. Thanks a lot.
I owe you 50 merit and going to save until I have 50 smerits 😉

[AlcoHoDL]

That's it. Bitcoin ded.
Fuck their mum if you want fuck.
That's Wu and Ver's mum.

#haikujustbecause

[BobLawblaw]

[cAPSLOCK]

Ya win some, ya lose some, and hope the former is greater than the atter. Ya go from preyin on whales to being chewed on these dats.

And sometimes you lose it all... Ouch.

RIP

to the greatest trader that never was.

What a crazy story.

https://twitter.com/BitMEXResearch/status/1589670014462103558

This was epic:

"@RogerVer lets make a deal. At least 60k, my BTU for your BTC."

https://www.reddit.com/r/Bitcoin/comments/60ozkh/rogerver_lets_make_a_deal_1_for_1_trade_at_least/

bitcoin-cli signmessage 19Mz2o9RDABT74SA9njZqMtJXKEzj2qUoH '@RogerVer lets make a deal, 1 for 1 trade. At least 60k, possibly up to 130k, my BTU for your BTC.'
H9ed6z5RgdThRxXXqePmtJbaK1pGvoy6e+aiwUPD6pkrJ6d6TBchOu5OQLEbgq/15YRjcOUC+kMrGVfszUXV5Wc=

The offer is open to Jihan Wu as well.

Consider it primarily as a vote of no confidence in the Bitcoin Unlimited software and development team as it currently stands. I'll add the contingency that the deal is null and void if there are major changes to either.

About this... here's the thing. 

Assuming the IRS-CI folks actually took custody of the BTC, How in THE HELL did Zhong justify storing ~50k BTC in a way so insecure that this could even happen?  Maybe they only have the addresses, and the private keys are somehow secure (like maybe a simple BIP39 passphrase???).

I am all for keeping your setup simple so you don't lose the coins via complication.  But there is either more to this story, or our dear "Loaded" was incredibly  ill prepared.

PS.  Wonder if our little dump has anything to do with this?  Nah, right?

[ChartBuddy]

Explanation

[Paashaas]

https://twitter.com/bradmillscan/status/1589810716374339584

[philipma1957]

Explanation

18800 buddy do your thing

My Cash and bond position looking better.

DCA looks good.

[nutildah]

Assuming the IRS-CI folks actually took custody of the BTC, How in THE HELL did Zhong justify storing ~50k BTC in a way so insecure that this could even happen?  Maybe they only have the addresses, and the private keys are somehow secure (like maybe a simple BIP39 passphrase???).

I am all for keeping your setup simple so you don't lose the coins via complication.  But there is either more to this story, or our dear "Loaded" was incredibly  ill prepared.

Reading through the court document it sounds like the feds just knocked on his door and said "Give us your Bitcoins." And he said "OK." He was also ill-prepared.

But what's curious is how did nobody here know the coins had come from Silk Road? He found an exploit in the SR withdrawal system, stole 50,000 BTC, and then showed up here like 2 months later, and said, "check me out, I'm a whale." Given blockchain forensics were a bit more archaic back then.

PS.  Wonder if our little dump has anything to do with this?  Nah, right?

I think it has more to do with the rumors of FTX being insolvent.

Steady lads.

[Lucius]

https://twitter.com/bradmillscan/status/1589810716374339584

It is hard for me to imagine how someone can gamble with someone's pensions in this way, unless they are bribed or totally incompetent. Just 2 months ago, their CEO spoke like this :

“In terms of the risk profile, it is probably the lowest risk profile you can have in that it’s everybody else is trading on your platform,” OTPP CEO Jo Taylor told Reuters last week.

[cAPSLOCK]

Assuming the IRS-CI folks actually took custody of the BTC, How in THE HELL did Zhong justify storing ~50k BTC in a way so insecure that this could even happen?  Maybe they only have the addresses, and the private keys are somehow secure (like maybe a simple BIP39 passphrase???).

I am all for keeping your setup simple so you don't lose the coins via complication.  But there is either more to this story, or our dear "Loaded" was incredibly  ill prepared.

Reading through the court document it sounds like the feds just knocked on his door and said "Give us your Bitcoins." And he said "OK." He was also ill-prepared.

But what's curious is how did nobody here know the coins had come from Silk Road? He found an exploit in the SR withdrawal system, stole 50,000 BTC, and then showed up here like 2 months later, and said, "check me out, I'm a whale." Given blockchain forensics were a bit more archaic back then.

PS.  Wonder if our little dump has anything to do with this?  Nah, right?

I think it has more to do with the rumors of FTX being insolvent.

Steady lads.

Yeah... that's it for sure.  And I hope I am not evil/stupid for thinking this... but I HOPE FTX is insolvent.  I am sick of the shitcoinery.  And for some reason I just do not like SB-F.  And I am sorry all these funds are losing so much teacher retirement money etc... but the people have to learn that 99.9% of crypto is pure scams.

[ChartBuddy]

Explanation

[philipma1957]

come on buddy drop us under 19k.

[fillippone]

Well played CZ, well played.

[Toxic2040]

Looks like SBF and CZ have reached an accord
https://twitter.com/SBF_FTX/status/1590012124864348160?t=MOxZPPc6N71FsJcMQD-IwQ&s=19

*edit
   rascalled again