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

[JayJuanGee]

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

wtf has apple to do with it?

Probably nothing. As I recall, he had a bunch of people over and overlooked the most basic aspects of physical security. Then again, I may be misrememberating.

Not good to make fun of the misfortunes of others; however, I recall that Risto had some other drama a few years earlier, too... something about leaving his laptop in a conference room of a hotel and then the laptop went missing with thousands of bitcoins.  Isn't this a repeating theme with Risto, and if it were to happen once, then wouldn't additional security measures be taken in order to not have a similar scenario unfold a second time?

[BlindMayorBitcorn]

Pretty sure that was a ridiculous idea made up by Cashodler

Nope.

https://twitter.com/bitcolncash/status/892889503504883713?lang=en-gb

Crappy source but I've definitely read it elsewhere.

He may have made the dick statement before the forkening. I haven't exactly been keeping track.

[gentlemand]

He may have made the dick statement before the forkening. I haven't exactly been keeping track.

https://twitter.com/officialmcafee/status/887012614131372032

The wording here is a little ambiguous but if he didn't mean Bitcoin Cash I'll eat your dick. There's definitely an explicit mention in an article. I'll dig it out.

Edit - https://cointelegraph.com/news/mcafee-stakes-his-name-10-mln-on-bitcoin-split

[BlindMayorBitcorn]

How the heck is RogerCoin up ?!

Because Jimbo refuses to let go.

[BlindMayorBitcorn]

He may have made the dick statement before the forkening. I haven't exactly been keeping track.

https://twitter.com/officialmcafee/status/887012614131372032

The wording here is a little ambiguous but if he didn't mean Bitcoin Cash I'll eat your dick. There's definitely an explicit mention in an article. I'll dig it out.

Edit - https://cointelegraph.com/news/mcafee-stakes-his-name-10-mln-on-bitcoin-split

My dick is in fact a small anime girl.

So, you know. Do the needful there, too.

[jbreher]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

Not to rain on your parade, but iirc he was referring to bcash.

No he wasn't - he was referring to Bitcoin Cash.

#justsayin'

[jbreher]

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

wtf has apple to do with it?

Probably nothing. As I recall, he had a bunch of people over and overlooked the most basic aspects of physical security. Then again, I may be misrememberating.

Not good to make fun of the misfortunes of others; however, I recall that Risto had some other drama a few years earlier, too... something about leaving his laptop in a conference room of a hotel and then the laptop went missing with thousands of bitcoins.  Isn't this a repeating theme with Risto, and if it were to happen once, then wouldn't additional security measures be taken in order to not have a similar scenario unfold a second time?

I think that is the incident to which I was referring. Though I think it was in the sauna at his place during an event with many invitees. I may be befuddled on the deets.

[BlindMayorBitcorn]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

Not to rain on your parade, but iirc he was referring to bcash.

No he wasn't - he was referring to Bitcoin Cash.

#justsayin'

Perhaps he was referring to bgold. For a contract it isn't very specific.

[d_eddie]

How the heck is RogerCoin up ?!

It isn't, actually. It's still in the 0.120-0.135 BTC range, as yesterday and the day before.

[Ted E. Bare]

30% haircut. Wait for it.

Where is my haircut

[Ted E. Bare]

No more cheap coins!!

[Vin]

Wait for it 

[gentlemand]

My dick is in fact a small anime girl.

So, you know. Do the needful there, too.

Looks pretty tasty, but I'll have to compel my people root around in your knickers for any other sweetmeats too. Anyway, you're off the hook this time.

[JimboToronto]

[JayJuanGee]

Can someone Tell me for bitcoins sake!!!

Whats happening with the price  
Above $5000 Damn were going up! New ath on kraken And keeps going

Sure, nothing is guaranteed, even though there seems to be decent ongoing upwards price momentum and upwards price pressures.

I'm kind of thinking that we have decent odds to get into the $5400 to $6400 range within this particular upwards run (and possibly within the coming week, if not the weekend) - but a major and significant price correction could happen at any time and end up forestalling such anticipated price range for a month or longer. 

I doubt that anyone really knows, except perhaps some whales who have a pretty decent idea regarding how much coin or fiat they hold and are willing to spend at these price points. 

For example, there could be some bear that is willing to dump 50k or more coins across exchanges - and whether that would be enough to get others to follow in such a dump is a question of not knowing - and that bear (or bears) could have more coins that they are willing to dump in order to get their way to attempt to stagnate or to reverse the ongoing upwards price pressures.. but at this point, it seems like such bear would be fighting what appears to be "the trend.".. the trend is your friend, the trend is your friend... ...     

[Meuh6879]

My dick is in fact a small anime girl.

[JayJuanGee]

edit: this is obscene. it takes 60 minutes and I make my exact initial investment. was there ever an asset one could buy where one would make his initial investment not in a year, not in a month, not even in a day, BUT IN A FUCKIN HOUR? those were my live savings ffs!

I know that feeling as well. Absurd times we're living in.

It is really nice for us long time HODLRs and BTC accumulators to be sitting in the bird seat.  

Also better to be a long way into the black rather than in the red.  

I recall periods in 2015 that my total BTC investment had sunk into the negative 65% territory.  So, nice to be in the greater than 8x territory (even accounting very conservatively).

Sure, I made some mistakes with my BTC holdings over the years, which caused me some considerable losses of coins; however, even accounting for my various losses of coin, I continue to be quite amazed at how frequently i am experiencing another total return of my initial investment within a short period of time (including the cost of my losses, my mistakes and expenses)....

So, now, a $500 price change can take place a lot easier than such change did when prices were at $500.  

In other words, a 10% price change is much easier to achieve than a 50% to a 100% price change...

I understand that we should be considering these price change matters in terms of percentages; however, sometimes it is also helpful to consider profits in terms of absolute numbers.

If we are holding a certain number of coins, it is quite exciting to see how BTC prices quickly change by $100 to $500 these days, but does not constitute a major percentage of change in price. but can still feel like a considerable change in the value of total holdings.  

Even though a considerable amount of value is lost on paper with a 50% to 75% price reduction, I am not going to panic if such a price correction were to occur because I am still good with bitcoin prices above $1k, which seems less and less likely to happen in the short term - even though we were just in the $1000 territory around christmas time last year...

Even $2k seems a bit difficult to achieve, even though we were just there less than 2 months ago.  I am kind of thinking that our absolute floor might be around $2500.. but going up to $5900 first... so a bit more than 50% correction would still be possible and even reasonable under a kind of extended dumping campaign.

[JayJuanGee]

Only 2050 Bitcoin left on Bitstamp until we reach over 9000$.

Edit: And my friends and relatives are still waiting for the <3000$ dip...

Sorry about that!!!!   YOU will have to support them, with your millions... hahahahaha   

[JayJuanGee]

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

wtf has apple to do with it?

Probably nothing. As I recall, he had a bunch of people over and overlooked the most basic aspects of physical security. Then again, I may be misrememberating.

Not good to make fun of the misfortunes of others; however, I recall that Risto had some other drama a few years earlier, too... something about leaving his laptop in a conference room of a hotel and then the laptop went missing with thousands of bitcoins.  Isn't this a repeating theme with Risto, and if it were to happen once, then wouldn't additional security measures be taken in order to not have a similar scenario unfold a second time?

I think that is the incident to which I was referring. Though I think it was in the sauna at his place during an event with many invitees. I may be befuddled on the deets.

Actually, do you know how rumors can be evolve their own legs when they get batted around long enough, and it is like the game "telephone" where the last message is no where close to the first message.

It is certainly true that Risto has had a lot of drama including losing bitcoins, buying a castle, getting involved in monero, getting a divorce, being supposedly chased by the government.. and some kind of online gaming, too, so yeah, it is not very clear regarding the extent to which some of these stories might overlap, and he has been a bit of a drama queen, too, including some photos that he circulated on the internet of his personal circumstances, and even personal details that may or may not be completely true.

He has also had some incidents of health problems including psychiatric treatment, and I recall one time trying to suggest that he take better care of his health, because I saw a picture of him with a cigar and he looked really pale and unhealthy and lacking in athleticism - for a fairly young guy.

Anyhow, the laptop losing incident in the conference/hotel/sauna predated his getting involved in Monero, so if he really did lose a bunch of Monero, then that may have been a separate incident?

I believe that the hotel/sauna/conference loss, even though substantial, did not leave him in any kind of state of poverty, because, I think that he bought the castle after that with bitcoins... and maybe in the end, he tries to be a big baller and we know the expression that a fool and his money are soon parted... and if you are engaging in a lot of this kind of drama, then you are likely going to have trouble hanging onto wealth, unless you have someone managing your money for you, such as a trust.

[matt4054]

This time it's going steady peasy to the moon... looks like the entire planet is hungry for BTC