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

[AlexGR]

Roger Ver is the BIGGEST hypocrite in the Bitcoin space.

This guy has sold almost all of his bitcoins a year ago to invest in dubious business projects. Now he is mad to see he had lost a fortune and could have done much better if he had just hodled his bitcoin stash. He is craving for cheaper bitcoins.

I doubt he's going broke anytime soon. If I were the NSA, he would be among the primary actors (along with other vocal proponents) I would pay handsomely to damage bitcoin by forking it - and proving that Bitcoin is unreliable as money, as investment - as anything.

Nobody can fork gold and make your gold coins and coin bars worthless. If bad actors manage this in Bitcoin then that'll be pretty ugly for Bitcoin and I think Satoshi will indeed materialize his warning[1] of coming back and declaring it a failure, due to getting beaten from a social engineering attack vector.

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

[BitcoinNewsMagazine]

Gonna hit 1500 before any serious setbacks at this rate.

Watch $1380 Bitstamp as a possible short term high. Longer term $1800, $2800, $3800

[Ibian]

Roger Ver is the BIGGEST hypocrite in the Bitcoin space.

This guy has sold almost all of his bitcoins a year ago to invest in dubious business projects. Now he is mad to see he had lost a fortune and could have done much better if he had just hodled his bitcoin stash. He is craving for cheaper bitcoins.

I doubt he's going broke anytime soon. If I were the NSA, he would be among the primary actors (along with other vocal proponents) I would pay handsomely to damage bitcoin by forking it - and proving that Bitcoin is unreliable as money, as investment - as anything.

Nobody can fork gold and make your gold coins and coin bars worthless. If bad actors manage this in Bitcoin then that'll be pretty ugly for Bitcoin and I think Satoshi will indeed materialize his warning[1] of coming back and declaring it a failure, due to getting beaten from a social engineering attack vector.

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

Tungsten.

[AlexGR]

Roger Ver is the BIGGEST hypocrite in the Bitcoin space.

This guy has sold almost all of his bitcoins a year ago to invest in dubious business projects. Now he is mad to see he had lost a fortune and could have done much better if he had just hodled his bitcoin stash. He is craving for cheaper bitcoins.

I doubt he's going broke anytime soon. If I were the NSA, he would be among the primary actors (along with other vocal proponents) I would pay handsomely to damage bitcoin by forking it - and proving that Bitcoin is unreliable as money, as investment - as anything.

Nobody can fork gold and make your gold coins and coin bars worthless. If bad actors manage this in Bitcoin then that'll be pretty ugly for Bitcoin and I think Satoshi will indeed materialize his warning[1] of coming back and declaring it a failure, due to getting beaten from a social engineering attack vector.

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

Tungsten.

http://www.zerohedge.com/news/2013-08-16/gold-or-tungsten-heres-how-know

[Ibian]

Roger Ver is the BIGGEST hypocrite in the Bitcoin space.

This guy has sold almost all of his bitcoins a year ago to invest in dubious business projects. Now he is mad to see he had lost a fortune and could have done much better if he had just hodled his bitcoin stash. He is craving for cheaper bitcoins.

I doubt he's going broke anytime soon. If I were the NSA, he would be among the primary actors (along with other vocal proponents) I would pay handsomely to damage bitcoin by forking it - and proving that Bitcoin is unreliable as money, as investment - as anything.

Nobody can fork gold and make your gold coins and coin bars worthless. If bad actors manage this in Bitcoin then that'll be pretty ugly for Bitcoin and I think Satoshi will indeed materialize his warning[1] of coming back and declaring it a failure, due to getting beaten from a social engineering attack vector.

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

Tungsten.

http://www.zerohedge.com/news/2013-08-16/gold-or-tungsten-heres-how-know

And the machinery involved costs what? Not to mention the expertise to use it properly. This does not remove the problem, just reduces it, and not at all for most normal people.

[Karartma1]

Remarkable recovery

I was sleeping. I did not feel anything: what dump?
Recovered fairly soon 

[spooderman]

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

there is 0% chance this is Satoshi.

saying that as a small blocker.

[bitcoinvest]

Doesn't matter who is Satoshi... the problem is the auto correction that every time i write his name put a red line under and i don't like that ! He is the "one" with the programmers that was the reason to be all of us here today.  a big thanks maybe is not enough i don't think we will ever again have news from him, he don't need speak to us...
If all go well he will be the jesus of money for the next generations

Anyway, lets go back to speculation...  i can see in the charts second dump ... maybe who i am to telll it's time to sleep for now and get up with the news from Mtgox tomorrow and of course the countdown also for tomorrow maybe the etf? will see! good night bitcoin land!

[hodl_2015]

Doesn't matter who is Satoshi... the problem is the auto correction that every time i write his name put a red line under and i don't like that !

Right-click -> Add to Dictionary. It is good practice to add (company) names you use to your personal dictionary because only then you will notice spelling errors when you communicate with them. (I know, not really a problem in the case of Satoshi.)

[JayJuanGee]

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

there is 0% chance this is Satoshi.

saying that as a small blocker.

I don't mean to be a curmudgeon, but when it comes to subject matters like this, 0% is an exaggeration, no?


Maybe you could say .000001% and still make your point?

[spooderman]

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

there is 0% chance this is Satoshi.

saying that as a small blocker.

I don't mean to be a curmudgeon, but when it comes to subject matters like this, 0% is an exaggeration, no?


Maybe you could say .000001% and still make your point?

ok fine.

there is 0% to the nearest 1% chance that that is satoshi.

[Ibian]

[1] https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

there is 0% chance this is Satoshi.

saying that as a small blocker.

I don't mean to be a curmudgeon, but when it comes to subject matters like this, 0% is an exaggeration, no?


Maybe you could say .000001% and still make your point?

You are being a curmudgeon.

[jbreher]

We all know that there is exchange variation, but did you see that low dip on GDAX.... WOW!!!!

All the way down to $1050.    It could have been possible to make some good dinero on that situation.

Yup - I hit 6 buys on the way down while I was sleeping. By the time I checked in, the price was already back up @$1226.35. For once, the fact that a wasn't monitoring closely netted me some extra profits from selling 4 of those 6 back*. Sold another at my expected level shortly thereafter.

*Of course, I dutifully reentered buy orders at profitable points for each.

[jbreher]

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

If core hadn't been so obstinate in rebuffing community demands, BU probably never would have been implemented. Don't expect them to change course now. Even with the obvious state of The SegWit Omnibus Changeset never reaching the 95% activation level.

[Syke]

I don't mean to be a curmudgeon, but when it comes to subject matters like this, 0% is an exaggeration, no?

Maybe you could say .000001% and still make your point?

Nah, a quick read of that message says to me that 0% is an accurate assessment. It would have to be Satoshi pretending to be someone other than Satoshi trying to be Satoshi. I'd give it a 0% chance.

[spooderman]

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

If core bitcoin hadn't been so obstinate in rebuffing community people who underestimate the risk of large blocks' demands, BU probably never would have been implemented. Don't expect them to change course now. Even with the obvious state of The SegWit Omnibus Changeset never reaching the 95% activation level.

and core setting such a high bar shows that they are more concerned with consensus that with "winning" - as they should be.

a conservative approach is necessary here.

[marcus_of_augustus]

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

If core hadn't been so obstinate in rebuffing community demands, BU probably never would have been implemented. Don't expect them to change course now. Even with the obvious state of The SegWit Omnibus Changeset never reaching the 95% activation level.

Give it up with the propaganda, it's really sickening. You guys with your BU have shit the bed big time by trying to block natural open source development with political shennigans and now you don't know how to clean up the ugly mess. There were no reasonable "community demands" that could have been accommodated within the engineering constraints. Demanding that the 747 flies to moon on your way from NY to London is lovely but it's not happening in our lifetime. No one in Core is "being obstinate" they are simply saying it can't done like that.

Peter_R is a complete charlatan, I wouldn't let him design a doorlock let alone network system engineer a centralised monetary system.

[Killerpotleaf]

I think this vector needs to be closed down with an automated algorithmic increase of some sort that will eliminate disagreements that can be used for social-engineering a fork.

If core hadn't been so obstinate in rebuffing community demands, BU probably never would have been implemented. Don't expect them to change course now. Even with the obvious state of The SegWit Omnibus Changeset never reaching the 95% activation level.

Give it up with the propaganda, it's really sickening. You guys with your BU have shit the bed big time by trying to block natural open source development with political shennigans and now you don't know how to clean up the ugly mess. There were no reasonable "community demands" that could have been accommodated within the engineering constraints. Demanding that the 747 flies to moon on your way from NY to London is lovely but it's not happening in our lifetime. No one in Core is "being obstinate" they are simply saying it can't done like that.

Peter_R is a complete charlatan, I wouldn't let him design a doorlock let alone network system engineer a centralised monetary system.

dont worry, somthing like 90% of BU minning nodes are signaling 1MB EB anyway, so you'll be fine.

[Dafar]

And what happens if COIN ETF doesn't get confirmed or denied tomorrow? I will slap the shit out of you

[jbreher]

waaah. waaah. waaaaaaa!

"block natural open source development with political shennigans" ? Really? How does one block open source development?

idonothtinkthatwordmeanswhatyouthinkitmeans.png

"they are simply saying it can't done like that" Done like what? A simple max block size increase? Really?