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

[Meuh6879]

What's the deal here?
If you have 350k btc why would you even bother with bcash?

Because life is long.
in France, RogVer has avowed 52 millions of Euros (~10 000 BTC).

[gembitz]

alt rally woot! weee

who the fork buys stellar? lmao

[Torque]

How do you guys know these trezors and ledgers aren't getting intercepted in the mail and their guts stuffed with something else?

Well with the Trezor, I know from experience that the small box comes wrapped in tight cellophane, and then the box itself has several security tamper-proof seals. SatoshiLabs says to send the Trezor back if any of these have been compromised.  

They also made changes to their existing packaging as follows:

• TREZOR logo does not say “TREZOR The Bitcoin Safe”, but “TREZOR” only the package is slightly bigger (100 x 100 x 13 mm)
• There is less text on the package
• Sticker with barcode, UPC code and product name is on every package
• In the instructions is written to go to trezor.io/start instead of mytrezor.com
• There are two holographic stickers in this batch (one on each side)

At least they're trying to help with security. I don't think there is much else they can do.

[JimboToronto]

Good morning Bitcoinland.

Down a wee but still going roughly sideways... currently $5587USD $7022CAD (Bitcoinaverage).

Meanwhile AltCash has taken a surprising turn upward... currently $367USD/$460CAD (Coinmarketcap).

For those who still hold both, it means almost no change.

Consolidation is good and all, but after last week's excitement this is rather boring.

Ho hum.

[Samarkand]

...
At least they're trying to help with security. I don't think there is much else they can do.

They could allow you to pick up your Trezor at the Satoshi Labs headquarter. This would remove
the counterparty risk of the mail carrier.

But this is probably not necessary if you see that the seals are undamaged.

[Fatman3001]

alt rally woot! weee

who the fork buys stellar? lmao

IBM

[Last of the V8s]

btc crash tomfuddery
https://twitter.com/DimaDubina/status/920258769564528640
Somebody just: 1) Made 2 huge blocks filled with 150 mil $ 2) pumped Bcash, doubling its volume from 150 to 300 mil 3) Stopped mining Bcash

So that nobody can transfer their Bcash to exchanges to dump this shit. Very clever! And fucked up.
This is exactly what centralized crypto looks like
Screenshot made at 14:58, 3 hours since last block
@Whalebearbull 13m13 minutes ago
And I was about to buy a fuckzillion antminers and they're only taking bcash

[becoin]

And I was about to buy a fuckzillion antminers and they're only taking bcash

If that is really true then they are desperate. Jihan is on the brink of bankruptcy.

[Torque]

btc crash tomfuddery
https://twitter.com/DimaDubina/status/920258769564528640
Somebody just: 1) Made 2 huge blocks filled with 150 mil $ 2) pumped Bcash, doubling its volume from 150 to 300 mil 3) Stopped mining Bcash

So that nobody can transfer their Bcash to exchanges to dump this shit. Very clever! And fucked up.
This is exactly what centralized crypto looks like
Screenshot made at 14:58, 3 hours since last block
@Whalebearbull 13m13 minutes ago
And I was about to buy a fuckzillion antminers and they're only taking bcash

So they're like running the Fed and the Central Bank for BCash to keep it propped up? Hilarious.

[gentlemand]

And I was about to buy a fuckzillion antminers and they're only taking bcash

If that is really true then they are desperate. Jihan is on the brink of bankruptcy.

That's a sign of having vast amounts of money to burn to push your pet down a few extra throats.

[pinacolada]

How do you guys know these trezors and ledgers aren't getting intercepted in the mail and their guts stuffed with something else?

The Ledger is designed in a way that, if tampered with, then it won't work and it becomes obsolete. Basically the Ledger itself is tamper-resistant, so there's no need for tamper-resistant seals on the packaging. Don't know about the Trezor through as I haven't read much about it.

[jojo69]

The Ledger is designed in a way that, if tampered with, then it won't work and it becomes obsolete. Basically the Ledger itself is tamper-resistant, so there's no need for tamper-resistant seals on the packaging.

Couldn't someone just replace the entire guts with something that pretends to be a ledger though?  Or manufacture a copy that looks like one and swap them?

[Ibian]

The Ledger is designed in a way that, if tampered with, then it won't work and it becomes obsolete. Basically the Ledger itself is tamper-resistant, so there's no need for tamper-resistant seals on the packaging.

Couldn't someone just replace the entire guts with something that pretends to be a ledger though?  Or manufacture a copy that looks like one and swap them?

Expenses dude. That's the equivalent of the "what if im attacked by 33 ninjas with uzis" fallacy that people who are deathly afraid of physical violence get into.

[Karartma1]

And I was about to buy a fuckzillion antminers and they're only taking bcash

If that is really true then they are desperate. Jihan is on the brink of bankruptcy.

We will survive his bankruptcy. Other manufacturers will create new ASICs soon. He will realize how much money and time he spent in his personal witch-hunt too late. He could have been the most successful bitcoin millionaire on Earth but his degree in Psychology let him go the other way.
Time will speak for him. We can wait.

[jojo69]

motherfucker!

33 ninjas with uzis?!?

I need more cameras and barb wire

[Meuh6879]

"Are you ready Mortimer ? 2017 will be nothing compare to 2018 ... We will come at the Bitcoin fountain."




Source : http://www.zerohedge.com/news/2017-10-17/long-nasdaq-takes-over-long-bitcoin-wall-streets-most-crowded-trade

[JimboToronto]

motherfucker!

33 ninjas with uzis?!?

I need more cameras and barb wire

I'm happy with lots of "paper" wallets. That's security.

I do have a Trezor though, but I keep less than 5 coins in it. It may not be quite as absolutely secure as cold storage but it's close and it is a lot more convenient.

[bones261]

And I was about to buy a fuckzillion antminers and they're only taking bcash

If that is really true then they are desperate. Jihan is on the brink of bankruptcy.

It's true. Read item # 4 under payments. Not just latest batch of S9, but L3 too.

https://shop.bitmain.com/productDetail.htm?pid=00020171017100722398DVYSGAeU067B
https://shop.bitmain.com/productDetail.htm?pid=00020171012101234461U4tES2cP065E

4. Only BCC payment method is accepted in this batch, please use the exact amount mentioned in your order and complete the payment within one hour. After one hour, the order will expire and your payment may not be detected by the system automatically. Payment must be in BCC. We cannot accept payment in BTC. If you send BTC to the BCC wallet the coins may be lost. If the payment is submitted but the receipt is delayed, we will make your payment "Valid" manually

Currently, the BCC blocks are coming at an average of about 40 minutes. Guess if you order, you have to hope there isn't bad "luck" on the network, that would make the confirmation more than an hour...

[Last of the V8s]

can't be bothered to even

[Last of the V8s]

it's quite possible we'll end up having to put up with bitcoin crash existing on the sidelines. it's a minor annoyance, like American Football.
just some crazies over there playing rugby with the wrong rules. yes it's just about viable, a sweet little economy for the colonials.
but it's always a bit annoying that we never get to find out if the yanks could actually play the game properly. and it's all very loud.
the game that everyone else in the world plays. never mind. even if they want to make up silly rules like throwing the ball forwards, we know what we're doing and carry on.