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

[Prova123]

Thieves all in prison!   A real material prison  

[becoin]

I think it'll go down some if the rumor is true and BTCe did indeed hack MT Gox.

The rumor is that MtGox hacker laundered stolen bitcoins by selling them on BTC-e. This is very different from accusing BTC-e of hacking MtGox. lol

[Dotto]

Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.

That´s the problem with a transparent blockchain and that´s why monero is rising right now.  People hadn´t yet figured out that fungibility matters

[K~Ehleyr]

Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.

That´s the problem with a transparent blockchain and that´s why monero is rising right now

And that won't lead to monero attracting special attention from the FBI and having its fiat gateways tightly controlled and resources ploughed into cracking the cryptography that will eventually expose the whole monero blackchain..... 

Bitcoin is absolutely right to have a transparent blockchain, it just lacks the optionally private transactions that Dash has mastered with PrivateSend.  Obfuscate the transactions, not the whole damn blockchain.  Ah well, people will learn.

Does anyone know Kraken's policy in the event of a coin split?  Have they announced one?

[allstolennnnn]

Did everyone just miss this bit ?? -
The trial of MT's CEO recently kicked off in Tokyo. Gox Mark Karpelès , who accused the hackers of the 850,000 bitcoin, worth about $ 500 million, lost in 2014. According to documents that reached 306,853 bitcoins stolen after the attack on Mt. Gox entered the BTC-e purses. According to the same documents another part of the stolen from the attack on Mt. Gox arrived at a San Francisco exchange office.

What's that supposed to mean? Sooner or later every bitcoin (stolen or not) will "enter" some exchange. That doesn't mean that the person that sends it to the exchange is the thief!

Fair point but the powers that be like to spin it as facilitating money laundering. ie the exchange is providing a platform for the sale of stolen goods (btc)
I know its bullshit but try telling the fbi that when they come a knocking.

Poloniex

Wait for the shit storm..

[Dotto]

Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.

That´s the problem with a transparent blockchain and that´s why monero is rising right now

And that won't lead to monero attracting special attention from the FBI and having its fiat gateways tightly controlled and resources ploughed into cracking the cryptography that will eventually expose the whole monero blackchain.....  

Bitcoin is absolutely right to have a transparent blockchain, it just lacks the optionally private transactions that Dash has mastered with PrivateSend.  Obfuscate the transactions, not the whole damn blockchain.  Ah well, people will learn.

Does anyone know Kraken's policy in the event of a coin split?  Have they announced one?

The laws of maths are stronger than the laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is so cheesy that is almost respetable

[European Central Bank]

Laws of maths are stronger than laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is a joke so cheesy that I won´t even try to discuss it

people are more scared of human laws than mathematical ones.

the only option going forward will be p2p.

if government wants to get heavy on truly anonymous coins all exchanges are gonna cave. they'll stop trading it.

[ImI]

I think it'll go down some if the rumor is true and BTCe did indeed hack MT Gox.

The rumor is that MtGox hacker laundered stolen bitcoins by selling them on BTC-e. This is very different from accusing BTC-e of hacking MtGox. lol

The rumor is that BTC-e hacked MtGox and used their own exchange to sell a good portion of the BTCs.

But lets see, so far just rumors...

[fluidjax]

According to the same documents another part of the stolen from the attack on Mt. Gox arrived at a San Francisco exchange office.

Poloniex

Wait for the shit storm..

Poloniex is:
VCORP Services LLC
1013 CENTRE ROAD SUITE 403-B
Wilmington DE 19805

Why do you say it's in San Francisco? Sock FUD?

[soullyG]

http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html

Earlier today news broke of an arrest in Greece of a Russian national suspected of running a large-scale money laundering operation focused on Bitcoin. The man has since been publicly identified as Alexander Vinnik, 38, and over $4 billion USD is said to have been trafficked through the operation since 2011.

We won't beat around the bush with it: Vinnik is our chief suspect for involvement in the MtGox theft (or the laundering of the proceeds thereof). This is the result of years of patient work, and these findings were surely independently uncovered by other investigators as well. Everyone who worked on the case have patiently kept quiet while forwarding findings to law enforcement, so as not to tip suspects off and to maximize the chances of arrests.

With such an arrest actually happening, we think today might — finally — be the day when we can begin talking about what we've actually been doing all this time and what we found. Thank you for your patience.

 

In September 2011, the MtGox hot wallet private keys were stolen, in a case of a simple copied wallet.dat file. This gave the hacker access to a sizable number of bitcoins immediately, but also were able to spend the incoming trickle of bitcoins deposited to any of the addresses contained.

[Dotto]

Laws of maths are stronger than laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is a joke so cheesy that I won´t even try to discuss it

people are more scared of human laws than mathematical ones.

the only option going forward will be p2p.

if government wants to get heavy on truly anonymous coins all exchanges are gonna cave. they'll stop trading it.

Paradoxically, TPTB needs fungibility too and that´s the very reason of existence and protection of the offshores. Do you think the rothchilds and the big players are going to have his money visible at the eyes of all?

[European Central Bank]

Paradoxically, TPTB needs fungibility too and that´s the very reason of existence of the offshores. Do you think the rothchilds are going to have his money visible at the eyes of all?

i expect if people of that level do get involved it'll be on a custodial basis and there'll never be any way of linking them to any type of crypto.

stuff like buying into the mythical xapo laptop locked in a vault is how they'll do it.

[becoin]

people are more scared of human laws than mathematical ones.  

I don't think so. Try to walk on the street by neglecting mathematical laws. You'll kill yourself in just a minute.

[becoin]

http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html

we think today might — finally — be the day when we can begin talking about what we've actually been doing all this time and what we found.

Eagerly awaiting to see what they've found and proofs do they have. If they don't show that within week or two then all is just mirrors and smoke!

[allstolennnnn]

Time to go, show over.
BTC-e is gone for ever.

Sorry for the people who lost their money on btc-e..

[doc12]

Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.

That´s the problem with a transparent blockchain and that´s why monero is rising right now

And that won't lead to monero attracting special attention from the FBI and having its fiat gateways tightly controlled and resources ploughed into cracking the cryptography that will eventually expose the whole monero blackchain.....  

Bitcoin is absolutely right to have a transparent blockchain, it just lacks the optionally private transactions that Dash has mastered with PrivateSend.  Obfuscate the transactions, not the whole damn blockchain.  Ah well, people will learn.

Does anyone know Kraken's policy in the event of a coin split?  Have they announced one?

The laws of maths are stronger than the laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is so cheesy that is almost respetable

Please dont compare this shitty scamcoin with Monero.
"it just lacks the optionally private transactions" <- this is a feature not a bug, anonymity by default is a necessity for a anon cryptocurrency.

[allstolennnnn]

Update2: At the moment, work is underway to restore the service. Approximate terms from 5 to 10 days. Thank you for understanding #btce


They think users are stupid or something???

They ignore us, why dont just say everything have been quarantined by FBI!

[bitebits]

In the light of the recent exchange drama, did Bitfinex in the end resolve its banking issues (deposit/withdraw USD)?

[ft73]

Update2: At the moment, work is underway to restore the service. Approximate terms from 5 to 10 days. Thank you for understanding #btce


They think users are stupid or something???

They ignore us, why dont just say everything have been quarantined by FBI!

"WE SHOULD HAVE AN OFFICIAL ANNOUNCEMENT READY SOON-ISH"


 

[Prova123]

In the light of the recent exchange drama, did Bitfinex in the end resolve it's banking issues (deposit/withdraw USD)?

NO! I cannot wire Fiat money.