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

[bones261]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

It's beginning to look that way. Most coin developers would have dumped their coins long ago. Look at what Vitalik Buterin did.

[Odalv]

....... talking of dumps

I wonder how much longer will BCH hold $200 for 

So what happens if I send BCH to exchange (or somebody).
Can anybody publish same transaction on BTC network and take my Bitcoins ?

[Last of the V8s]

https://www.youtube.com/watch?v=7x5qF7vI-Sc
ThickAsThieves smokes a blunt with Vinny Lingham and the WCN irregulars

[bones261]

....... talking of dumps

I wonder how much longer will BCH hold $200 for  

So what happens if I send BCH to exchange (or somebody).
Can anybody publish same transaction on BTC network and take my Bitcoins ?

No, your private key is not exposed by the transaction hash, anymore than it is exposed on the regular Bitcoin chain. (edit: unless there is a bug that we don't know about.) However, are the wallets that run BCC free of bugs that could expose your private keys? The common wisdom is to move your bitcoin away from any private keys that you may import into BCC software. Even Trezor isn't confident that their BCC wallet is bug free. Just look at all of their disclaimers. https://blog.trezor.io/claim-bcash-bitcoin-cash-bch-bcc-trezor-wallet-f0a810d5864a

[shaggy404]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

Most likely, he's already dead:
https://seebitcoin.com/2016/05/everything-makes-sense-if-david-kleiman-was-satoshi-nakamoto-heres-why/

[JayJuanGee]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

It's beginning to look that way. Most coin developers would have dumped their coins long ago. Look at what Vitalik Buterin did.

hahahaha...

Yep a very interesting contrast.. not only did Vitalik dump a whole bunch of his coins, he can also play god and increase the number of coins.. probably including his own distribution and replacement of the coins that he sold.  I am sure he is not hurting from having had sold a large amount of his stash below $20.

[Last of the V8s]

One broker said a mortgage-free homeowner with a house valued at £10m had taken out a fixed-rate loan of just under £2m to buy bitcoin, the crypto currency that has seen huge volatility in recent months. Others have invested in classic cars or fine wine.
https://www.ft.com/content/d175fc82-76a7-11e7-90c0-90a9d1bc9691 (via @mod6)

oldish: http://news.8btc.com/even-friedcat-cant-ignore-bitcoin-cash-over-17k-btc-moved

[Odalv]

....... talking of dumps

I wonder how much longer will BCH hold $200 for  

So what happens if I send BCH to exchange (or somebody).
Can anybody publish same transaction on BTC network and take my Bitcoins ?

No, your private key is not exposed by the transaction hash, anymore than it is exposed on the regular Bitcoin chain. (edit: unless there is a bug that we don't know about.) However, are the wallets that run BCC free of bugs that could expose your private keys? The common wisdom is to move your bitcoin away from any private keys that you may import into BCC software. Even Trezor isn't confident that their BCC wallet is bug free. Just look at all of their disclaimers. https://blog.trezor.io/claim-bcash-bitcoin-cash-bch-bcc-trezor-wallet-f0a810d5864a

So what is the difference betwen transaction on BCH and BTC chain. Chains were same before split.

[bones261]

So what is the difference betwen transaction on BCH and BTC chain. Chains were same before split.

How is transaction replay being handled between the new and the old blockchain?
Bitcoin Cash transactions use a new flag SIGHASH_FORKID, which is non standard to the legacy blockchain.  This prevents Bitcoin Cash transactions from being replayed on the Bitcoin blockchain and vice versa.

[Torque]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Yeah, what a loser, only made 260 million buckos. And it took a whole two! years! That is, like, a LONG time.

Don't get me started on his amazingly bad long position he took on IBM (about 10 years too late), where he ended up losing $444 million.

I doubt any of these billionaires have problems obtaining enough to eat. Unless they are stricken by some kind of eating disorder. Even in the event of total financial collapse; I'm sure they have enough assets to barter to keep themselves well fed.

Warren Buffett eats the $1 menu at McDonalds every single day for breakfast. He is going to kill himself early eating that shit.  
https://www.cnbc.com/2017/01/30/warren-buffetts-breakfast-never-costs-more-than-317.html

[spiderbrain]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

Most likely, he's already dead:
https://seebitcoin.com/2016/05/everything-makes-sense-if-david-kleiman-was-satoshi-nakamoto-heres-why/

Or half of Satoshi is dead, at least.

[Torque]

Hey guys, I traded some BCH when it was $210.

It's now $240.

You're welcome. 

[podyx]

Damn, BCH is rallying.

[r0ach]

r0ach proven right by zerohedge - Bitcoin market is a Gox-style fraud controlled by Bitfinex

http://bitcointalk.org/index.php?topic=2070166.0

[White sugar]

Hey guys, I traded some BCH when it was $210.

It's now $240.

You're welcome. 

who cares about dollars, what matters is the value in Bitcoins

[marcus_of_augustus]

Don't get me started on his amazingly bad long position he took on IBM (about 10 years too late), where he ended up losing $444 million.

Buffet is a hypocritical piece of crap ... he stumped up some cash for GS when they were busted ass in 2008 and took a 5% share-holding, it basically kept them afloat long enough to start vigourously lobbying for the repeal of mark-to-market accounting and then get the taxpayer TARP loot to bail-out AIG (money flowed straight through to goldman bonuses). He's become the ultimate example of privatise the profits, socialise the losses ... i.e. crony capitalism.

The only reason he dumped his silver position was because he was basically warned off by the banksters that it would blow up their fiat monetary scam if he persevered and ruin Buffet's fiat-based wealth ... and at that point he became an insider. Not long after Phibro commodities trader (was biggest in the world) took a fatal hit on PM derivatives bets and have been zombie trading ever since (think they just wound them up officially) ... Buffet was ever since then warning everyone away from precious metals and started up his Gates/Buffet Foundation to 'help the world'.

He realised that their wealth was totally imaginary but he (or Bill Gates) wasn't going to be the ones to call the banksters on their fiat scam and blow up the global monetary system and instead were going to dedicate some portion of their fictitious fiat wealth to "helping the poor people".

On another note, that list of billionaires actually keep a tiny portion of their wealth in fiat US dollars ... mostly it's stocks, bonds, property, money market funds ... and other assets that involve counter parties and lengthy liquidation times. It'll be great for the world economy if the wealthiest come to bitcoin last. In other news 70 hedge funds are ramping up for 'crypto-currency' investing.

[r0ach]

The only reason he (Buffet) dumped his silver position was because he was basically warned off by the banksters that it would blow up their fiat monetary scam if he persevered

And here we have Marcus accidentally admitting the Jewish criminal bankers want you buying bitcoins and not silver at all costs.  If you're buying something the bankers want you in, you are going to get demolished.

[marcus_of_augustus]

The only reason he (Buffet) dumped his silver position was because he was basically warned off by the banksters that it would blow up their fiat monetary scam if he persevered

And here we have Marcus accidentally admitting the Jewish criminal bankers want you buying bitcoins and not silver at all costs.

Idiot, you've got your wires-crossed ... silver is easily and demonstrably totally controlled, bitcoin is not. Your choice, idiot.

[Paashaas]

Segwit lock-in this week will boost the price to new ATH's!

Damn, BCH is rallying.

Nice, so i can prepair another selling order..it is free Bitcoin 

[lightfoot]

I guess I should bitch about it being stuck at 3,250 but I really am not sure how I should do this....

Whee?